During a recent hearing in the US Congress Jamie Dimonpresident and CEO of JPMorgan Chase, once again criticized Bitcoin and cryptocurrencies, stating that if he were the government, he would order everything to be “shut down.” Responding to Senator Elizabeth Warren, known for her skepticism towards cryptocurrencies, Dimon strongly criticized the use of digital assets […]
Tag: bitcoin
The censorship level on the Ethereum network reaches 85%, you understand
With Ethereum’s migration from Proof-of-Work (PoW) to Proof-of-Stake (PoS), many pointed out that the network would become increasingly vulnerable. centralized and prone to censorship. The warnings were not empty. According to data, 85% of ‘block builders’ censor Ethereum transactions linked to the US Office of Foreign Assets Control (OFAC) list. Among the censored transactions are […]
Bitcoin developer says NFTs exploit vulnerabilities and vows to eradicate them
Luke Dashjr, one of Bitcoin’s most controversial developers, has once again criticized the use of the network for NFT transactions. According to your tweet, these inscriptions are “exploiting a vulnerability” of Bitcoin and there should be a correction next year. In other words, Dashjr wants to wipe out NFTs on the Bitcoin network. Since this […]
Bitconned: Netflix launches another documentary about cryptocurrencies, see the trailer
a Netflix announced the film this Tuesday (5). Bitconned, which will tell the story of Centra Tech, a fake company founded by scammers who pulled off a million-dollar scam in the cryptocurrency sector. The movie opens January 1, 2024exclusively on Netflix. “In this true crime documentary, three guys exploit the free market in cryptocurrencies to […]
The Braiscompany leader arrested in Argentina will be extradited to Brazil
One of the former leaders of BraisCompany will be extradited from Argentina to Brazil after he was arrested at the border in June this year. He is suspected of participating in the financial scam being investigated in Operation Halving. Federal police pointed out that he was the financial operator of the scheme, but did not […]
CVM launches “crypto dictionary” with more than 200 entries on cryptocurrencies
The Securities and Exchange Commission (CVM) and the Brazilian Cryptoeconomics Association (ABCripto) have announced the launch of a comprehensive glossary dedicated to clarifying terms related to cryptocurrencies, digital assets and tokenization. With more than 200 submissions, the document aims to standardize the industry’s language and make technical concepts more accessible to the general public. The […]
Bitcoin reaches $44,000 and liquidates R$750 million in shorts
Bitcoin and other cryptocurrencies are on the rise in 2023. Source: Coin360. It continues to climb towards one of its best years, the Bitcoin reached the $44,000 this Tuesday afternoon (5). The result is that more than R$750 million worth of shorts (short positions) were liquidated on the cryptocurrency market. As a highlight, one trader […]
Investor says he left his wife to buy Bitcoin
On Reddit, a user claims he left his wife for Bitcoin. In his story, he says that he first exchanged his wife’s jewelry for bitcoins, followed by more purchases with the money he received from the mortgage on the house. Exaggerations make it difficult to know if the story is true or just fiction. Anyway, […]
US General Says Bitcoin Needs More Defenders
Robert Spalding, a retired US Air Force general, got involved in a discussion about Bitcoin on social media and, after some responses from investors, was enthusiastic about the cryptocurrency. Each conversation started with a naive question from the general. “Like [o Bitcoin] can be cut infinitely many times, is it really scarce?‘, Spalding wondered. In […]
Developer believes companies are ‘stealing’ rare bitcoins
Since the launch of Ordinals, each satoshi (the smallest fraction of a bitcoin) has different values. For example, collectors pay 1 Bitcoin for 0.00000001 BTC, believing that such a fraction is “legendary.” Among these rare satoshis are Bitcoin fractions from the network’s first transaction, sent from Satoshi Nakamoto to Hal Finney, as well as satoshis […]