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Ethereum community researcher, Justin Drake, suggests that executing a 51% attack on the Bitcoin network is much easier and less costly than attempting a similar attack on Ethereum. Drake explains that although a 51% attack on Bitcoin would be very expensive, estimated at around $10 billion, it is still possible. In contrast, he argues Ethereum would be much harder and more expensive because of its Proof-of-Stake (PoS) security. Drake, a key figure in the Ethereum Merge that transitioned the network to PoS, shared his views in an interview with Cointelegraph . His remarks align with a May 14 X post by Grant Hummer, co-founder of Ethereum-focused company Etherealize, who estimated the cost of a Bitcoin 51% attack at around $8 billion. Hummer further suggested that if this cost drops to $2 billion, a successful attack on Bitcoin is almost inevitable. Hummer also highlights that the most critical issue for Bitcoin is its “security budget,” which he believes matters more as the mining rewards for maintaining the Bitcoin network are lessened. With a lowering of these rewards, he suggests it becomes simpler for a single entity to dominate the network, a situation that threatens its decentralized system. In contrast to Bitcoin, Drake highlights why an attack on the Ethereum chain is expensive due to its PoS design, which requires controlling at least half of the network to have an effect. Currently, there are over 34 million ETH, equivalent to approximately $89.6 billion, being staked across the Ethereum network. Even before considering the effect on the market obtaining 51% of ETH would require paying approximately $44.8 billion. Related: BFT Attacks on Bitcoin and Ethereum No Longer Economically Feasible: Research In addition, the cost of attacking Ethereum is enhanced by its current market cap of around $316 billion and a 24-hour trading volume of roughly $25 billion. Based on this an attacker would have to control approximately 14.2% of the market and 180% of the daily trading volume to cause the price of ETH to jump and increase the attack’s cost. Drake also highlighted Ethereum’s “social layer” as a unique defense mechanism against 51% attacks. This aspect of Ethereum’s security relies on the collective action of the network’s community which can identify and penalize malicious actors through social slashing, a process unavailable in Bitcoin’s proof-of-work (PoW) framework. Experts in the industry have expressed mixed opinions regarding the viability of such attacks. According to Matan Sitbon, the CEO of Lightblocks, even though Ethereum is secure through cryptography, it truly relies on the support provided by the community. Meanwhile, Pavel Yashin stated, if the network is detected to be centralized, Ethereum can deal with the threat by forking the network, effectively isolating compromised chains. Related: The $3.2 Billion Aftermath: How Options Expiry Shook Up BTC, ETH Crypto Prices Hassan Khan, CEO of Ordeez, a Bitcoin liquidity protocol, admitted to the theoretical risk but stated that the high amount of energy needed makes a sustained 51% attack on Bitcoin unlikely, despite its higher theoretical vulnerability. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Bitget, one of the top crypto derivatives exchanges, offers a unique opportunity for traders to earn even in bearish markets through negative funding fees. Understanding this concept can give you a strategic edge in the volatile world of perpetual futures trading. 💡 What Are Negative Funding Fees? In perpetual futures trading, funding fees are payments exchanged between long and short position holders to keep the contract price aligned with the spot market price. Here's how it works: 🔶 Positive Funding Rate – Long position holders pay short position holders. 🔶 Negative Funding Rate – Short position holders pay long position holders, creating a potential profit opportunity for longs. 📉 Why Do Negative Funding Fees Occur? Negative funding fees typically arise when the perpetual contract price is trading lower than the spot price. This reflects bearish sentiment, where selling pressure outweighs buying demand, creating a favorable setup for traders willing to take long positions. 💸 Advantages of Negative Funding Fees 🔶 Earn passive income while holding long positions. 🔶 Lower overall trading costs for long-term positions. 🔶 Take advantage of market fear and capitalize on recovery potential. 🔥 Current Bitget Pairs with Negative Funding Fees As of the latest update, the following trading pairs on Bitget have negative funding fees, making them potentially lucrative for smart traders: 🔶 $BTC /USDT - Funding rate: -0.005% 🔶 $ETH /USDT - Funding rate: -0.008% 🔶 $XRP /USDT - Funding rate: -0.012% 🔶 $BNB /USDT - Funding rate: -0.006% 🔶 $SOL /USDT - Funding rate: -0.014% 🔶 $DOGE /USDT - Funding rate: -0.009% 📝 Pro Tips for Traders 🔶 Seize the Moment – Use negative funding rates to your advantage during market dips. 🔶 Manage Your Risk – Have a clear exit plan, as rates can quickly turn positive. 🔶 Stay Updated – Funding rates can change rapidly, so monitor them regularly to maximize profits. 🗓️ Conclusion Negative funding fees on Bitget present both opportunities and challenges. By understanding these dynamics and acting strategically, you can potentially earn passive income even in uncertain market conditions.

$WHY

In the noisy world of meme coins and hype tokens, there’s one project quietly laying bricks for the future: $RDAC Coin. It doesn’t shout—it builds. And those who notice it now might be the ones leading tomorrow. What Exactly Is RDAC? RDAC stands for Reliable Decentralized Access Control—a project focused on solving one of Web3’s biggest problems: How do we manage who gets access to what, without relying on centralized servers? From digital identities to smart contract permissions, RDAC is aiming to be the core access manager of tomorrow’s decentralized world. Why It’s Different Than Your Average Token RDAC isn't trying to be your next 10x meme play. It’s foundational. Like how TCP/IP quietly powers the internet, RDAC is designed to be the invisible engine securing your decentralized world. Not built for hype, but for purpose Aiming to serve across blockchains, IoT devices, and Web3 platforms Focused on infrastructure, not just price action Why Smart Investors Are Watching Closely Despite its low profile, RDAC has caught the attention of sharp investors because: Low market cap = High potential upside Real-world use case = Strong fundamentals Security-first trend in Web3 = Future-proof niche So… Do You Trade or Hold? Trade RDAC if you're playing smart technical patterns. Low liquidity can mean big price movements—but only for those with skill. Hold RDAC if you believe in the inevitable rise of decentralized security solutions. Holding now might be like buying Ethereum when it was under $1. Final Thoughts: The World’s Not Watching RDAC—Yet The market often misses true builders until it’s too late. RDAC may not trend on Twitter today, but it could be the underlying layer of access for all your favorite Web3 projects tomorrow. The smart question isn’t "what’s the price now?" It’s “Will I wish I bought it before the world caught on?” So, what’s your move? Trade it? Hold it? Or still sleeping on it? Let us know below—your future self might thank you.

$GRIFFAIN why it is not pumping 😧