As we stand on the cusp of a global economic contraction thanks to over 50 years of USD fiat currency, the fight for Bitcoin’s future is raging in real time on Twitter, with the approval of a physical Bitcoin ETF eagerly awaited. secretary. But in the trenches of Twitter, there’s a debate going on about what Bitcoin is and how we should and shouldn’t use it. I covered this battle in detail in Orange Label, but to summarize, there are two camps in this battle: monetary maximalists and block space demand maximalists. The big question is: Should the inscription be…
Author: Crypto Flexs
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Co-founder of Ethereum, Vitalik Buterin, has sparked significant discussion in the cryptocurrency community, focusing on the classification and characteristics of layer 2 scaling solutions, particularly the concept of Validium. The debate follows Buterin’s agreement with a statement from Daniel Wang, founder of Taiko, an Ethereum rollup solution that classifies certain layer 2 solutions as valid. Buterin agreed with Wang that Ethereum rollups that leverage external data chains, such as modular blockchain Celestia, should be considered validation rather than traditional rollups. The key to this classification lies in the security guarantees these solutions provide. Buterin emphasized that the essence of rollups…
BNB Chain Collaborates with Web3 Industry Leaders to Accelerate AI and Web3 Development in 2024 – Chainwire housenewsroomBNB Chain Collaborates with Web3 Industry Leaders to Accelerate AI and Web3 Development in 2024 We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks.…
credo QRDO -8.19% More exodus has occurred in recent weeks as cryptocurrency custodians step up efforts to increase the value of their equity operations and create utility for their tokens, two sources with knowledge of the matter told The Block.Credo asked one of its founding team members to withdraw, Benjamin WhitbyHe most recently served as vice president of strategic partnerships, the people said.Whitby confirmed his departure to The Block, saying “I was upset to be asked to leave” and that he would “absolutely go back” if they asked him. Whitby said he was still a shareholder in Qredo because he…
Ethereum (ETH) developer Péter Szilágyi praised EIP-1559 and its ETH burn mechanism as “a great equalizer.” January 16 Go to X in Szilágyi respected EIP-1559 provides “a level playing field between validators and regular users.” Developer: EIP-1559 is a “great equalizer”. Following the implementation of EIP-1559, Ethereum adjusted the way users bid for gas fees, introducing a “base fee” that is burned or sent to the wallet unrecoverable. The data from ultrasound money so far is show Over 3.9 million ETH were destroyed. Last week alone, the Ethereum network automatically “burned” ETH supply by sending over 21,100 ETH out of…
Bitcoin rose back above $43,000 this week after sluggish trading activity. The new momentum has reignited hopes for a sustained uptrend. However, uncertainty still remains due to upcoming central bank policy moves and blockchain events that could swing prices one way or the other. key point Bitcoin has rebounded above $43,000 following the recent downturn, but still faces uncertainty amid the upcoming Federal Reserve meeting that could impact its price. Short-term ETF traders benefited from gains, while long-term holders stayed invested despite the volatility. Analysts predict that Bitcoin could rise further if the Federal Reserve stops raising interest rates in…
Weekly Update #35January 17, 2024password trackingMark Collins & Demetrius TSEASregulation:CFTC Digital Assets and blockchainBlockchain is a shared digital ledger or… Read more Technology Subcommittee Announces DeFi Report: On January 8, the CFTC Technical Advisory Committee’s Digital Asset and Blockchain Technology Subcommittee Decentralized Finance Report (DeFi). The report highlights that (DeFi) presents promising opportunities and complex and significant risks to the U.S. financial system, consumers, and national security. Without effective regulation, enforcement, and compliance, many of these DeFi projects, companies, and ecosystems are vulnerable to fraud, mismanagement, and serious regulatory violations, as well as damaging risks to investors, customers, and other…
The Terraform Labs co-founder is reportedly still in Montenegro following his sentencing, awaiting extradition to the United States.A federal judge has ordered the U.S. Securities and Exchange Commission to postpone the case against Terraform Labs until March, following Do-Kwon’s request to personally assist in his defense.In papers filed Jan. 16 in the U.S. District Court for the Southern District of New York, Judge Jed Rakoff moved the start date for the SEC v. Terraform Labs trial to March 25. “There are no absolute guarantees,” the judge added. Kwon had been scheduled to be released from extradition proceedings in Montenegro to…
The smooth fusion of adrenaline and technology has made iGaming an international powerhouse in the ever-evolving world of online entertainment. With its immersive nature and unparalleled knowledge, iGamingScan stands out among the many places serving gamers. In this detailed review we iGamingScanAnalyze features, services and differentiating features.Learn how to use iGamingScan:iGamingScan is not just a gaming platform, but a complete sheet that meets the diverse needs of gamers. The platform offers a variety of online games, from unique popular titles to classic casino games. What makes iGamingScan stand out is that they focus on developing fluid, user-friendly knowledge so that…
The SUI blockchain has been on the rise since the start of 2024, and a natural consequence of this rapid growth is that it has now surpassed some of the major players in the decentralized finance (DeFi) space. This puts SUI ahead of heavy hitters like Bitcoin and Aptos as it begins to leave its mark on the market. SUI Network TVL exceeds $360 million. The total value locked (TVL) on the SUI network has completely exploded in the past year. The total value locked in blockchain was less than $12 million in mid-2024. But now, less than a month…