One of Bitcoin’s core value propositions is that no matter what happens, if you pay a high enough fee, some miner around the world will confirm your transaction. In other words, Bitcoin is resistant to censorship. There’s a very good reason why the phrase “censorship-resistant” rather than “censorship-proof” is a phrase we hear every time this topic comes up. Any individual miner can censor whatever they want. That means he can refuse to have something included in the blocks he mines. However, this does not prevent other miners from including the transaction in their own block whenever they find it.…
Author: Crypto Flexs
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Mt. Gox Bitcoin (BTC) payments have become closer.CoinDesk, a leading source for cryptocurrency and digital asset news, has updated its Privacy Policy, Terms of Use, and Cookies. They do not sell personal information and strive to maintain high journalistic standards. In November 2023, CoinDesk was acquired by Bullish Group, owner of Bullish, a regulated digital asset exchange. Bullish Group is majority-owned by Block.one, and both companies have interests in blockchain and digital asset businesses. CoinDesk operates as an independent subsidiary and has an editorial board chaired by a former Wall Street Journal editor to ensure journalistic integrity. Mt. Gox Bitcoin…
The U.S. Securities and Exchange Commission (SEC) recently faced a serious cybersecurity breach when the X (formerly Twitter) account was hacked on January 9, 2024. The incident put the security measures of financial regulators and their presence on social media in the spotlight. Media platform. Accident Overview On the afternoon of January 9, an unauthorized party gained control of phone numbers associated with the SEC’s X account through a “SIM swap” attack. This allowed the hacker to post misleading information about the commission’s approval of a spot Bitcoin exchange-traded fund (ETF). A second post titled “$” followed the false announcement…
Recently, Ethereum (ETH) whales executed It is a series of transactions that involve significant movement of funds across various platforms. Spot On Chain, a blockchain analytics platform, initially highlighted this activity involving approximately $46.02 million in ETH tokens. The Whale decrypts $46 million ETH transfers across major platforms Operating through a network of eight wallets, the whale began withdrawing these funds from major exchanges Binance and Bitfinex. The complexity of these transactions does not end there. After withdrawing at an average price of around $2,419 per ETH, Whale teamed up with Lido, a popular liquid staking solution. The move included…
As the global economy groans under the weight of more debt piling on more debt, the Federal Reserve has added the attribute ‘social control’ to its definition of money. Will citizens of the world stop buying Bitcoin? Huge spending continues Currently, U.S. borrowing is increasing to completely unsustainable levels. Debt now exceeds $34 trillion, with interest alone exceeding $1 trillion, making it the largest item on the Treasury’s balance sheet. How can the United States double its spending to similar levels as a few years after the virus outbreak? That is, unless the government knows that all this extra spending…
While much has been made of spot Bitcoin ETF trading volume and net inflows of new capital since it was approved and began trading earlier this month, the lion’s share of buying and selling is spread across a few select instruments.Franklin Templeton’s spot Bitcoin ETF has so far not been part of the elite group of products offered by BlackRock, Fidelity and Grayscale, the three of which account for about 90% of total trading volume. But the Wall Street firm, founded in 1947, is confident its spot Bitcoin ETF product will gain popularity among financial advisors and investors.“It’s only a…
Development activity on the Polygon network has surged. Despite the decline in the price of MATIC, the volume of Polygon NFTs has reached new highs. Recently, Polygon (MATIC) has been able to drive a large amount of activity on the network as its NFT volume has increased. However, despite these efforts, the price of MATIC has plummeted more than 5% in the last 24 hours. More and more developments are taking place Analysis of data encompassing more than 485 million code commits across 818,000 open source repositories associated with Polygon has yielded valuable insights into developer trends and behavior. Notably,…
Cryptocurrencies have been making waves in the investment world for quite some time. With the rapid growth of Bitcoin and other altcoins, it is no surprise that investors are constantly looking for the next big thing in cryptocurrency. One cryptocurrency that is generating a lot of buzz is LibrexCoin. Due to its unique features and growth potential, many people consider it to be the best cryptocurrency investment. In this article, we’ll take a look at what LibrexCoin is and why it could be the key to unlocking the future of cryptocurrency investing. What is LibrexCoin? LibrexCoin is a decentralized cryptocurrency…
Coinbase, a leading cryptocurrency exchange, announced plans to diversify its execution clients amid concerns about Gothereum (Geth) monopolizing it. on January 23rd name Acknowledging the growth of the industry, Coinbase Cloud on social media platform “The fallback execution client has come a long way. Therefore, we are conducting an updated technical assessment with the goal of adding another execution client to our infrastructure,” Coinbase said. The Brian Armstrong-led exchange added that it would release an official update on the process by the end of February. Geth dominance raises concerns Geth is an Ethereum execution client responsible for transaction processing and…
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