Tesla factory employees can buy bitcoin at work
Tesla CEO Elon Musk said that multiple reports about the installation of a bitcoin terminal on the territory of his company's "Gigafactory" in Nevada are untrue.
“I don’t think this is accurate information,” he wrote in a comment on Twitter.
Upon further investigation, it turned out that the company's employees still have the opportunity to buy bitcoin, although not through an independent terminal. Will Reeves, CEO of the startup Fold, was the first to draw attention to the likely presence of the LibertyX bitcoin terminal in the factory building. Reeves' observations gave rise to speculation about Tesla's interest in bitcoin.
Subsequently, a representative of LibertyX, in a conversation with Finbold, explained that they did not install new devices on the territory of the Tesla plant, but its employees, since August, have been able to access the relevant services by installing software on third-party ATMs.
“LibertyX has partnered with two of the largest ATM manufacturers (Genmega and Hyosung) to pre-install bitcoin software on traditional ATMs. When the operator activates this feature, consumers can start buying Bitcoin with debit cards at ATMs around the country. We have already launched on 5,000 terminals and are planning to add support for more than 100,000 over the next years, ”he explained.
Earlier, Musk said he was holding 0.25 BTC. He also denied information that he uses Ethereum in his projects.
Tesla CEO Elon Musk said that multiple reports about the installation of a bitcoin terminal on the territory of his company's "Gigafactory" in Nevada are untrue.
“I don’t think this is accurate information,” he wrote in a comment on Twitter.
Upon further investigation, it turned out that the company's employees still have the opportunity to buy bitcoin, although not through an independent terminal. Will Reeves, CEO of the startup Fold, was the first to draw attention to the likely presence of the LibertyX bitcoin terminal in the factory building. Reeves' observations gave rise to speculation about Tesla's interest in bitcoin.
Subsequently, a representative of LibertyX, in a conversation with Finbold, explained that they did not install new devices on the territory of the Tesla plant, but its employees, since August, have been able to access the relevant services by installing software on third-party ATMs.
“LibertyX has partnered with two of the largest ATM manufacturers (Genmega and Hyosung) to pre-install bitcoin software on traditional ATMs. When the operator activates this feature, consumers can start buying Bitcoin with debit cards at ATMs around the country. We have already launched on 5,000 terminals and are planning to add support for more than 100,000 over the next years, ”he explained.
Earlier, Musk said he was holding 0.25 BTC. He also denied information that he uses Ethereum in his projects.
60% of all Ethereum coins have not moved in over a year, according to glassnode data. Bitcoin has a slightly higher rate - 63%.
Altcoin Monero Refreshes High After Activating Oxygen Fork
On October 17, the Monero (XMR) developers reported on the successful update of the project's network. Fork Oxygen Orion was announced back in September this year.
The team said in a statement that the updated version of the network will become more productive. It will integrate tools that increase the anonymity of transactions. A key element of the fork is the compact linkable spontaneous anonymous group (CLSAG) feature.
The Monero blog notes that with this option, the transaction processing speed has increased by 10%. Moreover, the acceleration of operations did not affect their confidentiality in any way.
The developers emphasized:
CLSAG allows for smaller and faster transactions with maximum security.
Holders of altcoin XMR have been warned in advance of the upcoming fork. In addition, the developers urged the owners of hardware wallets to regularly update the software to its latest version.
The Monero cryptocurrency has responded positively to the activation of the Oxygen Orion. The coin began to rise in price at the beginning of October. The increase in capital inflows into XMR has led many analysts to predict an increase in the price of altcoin to $ 120 and above.
Ahead of the fork, the coin skyrocketed to $ 128, the highest since late July 2018. After the update, there was a slight correction and today Monero is trading at $ 122.3. XMR has a market cap of just over $ 2.168 billion.
On October 17, the Monero (XMR) developers reported on the successful update of the project's network. Fork Oxygen Orion was announced back in September this year.
The team said in a statement that the updated version of the network will become more productive. It will integrate tools that increase the anonymity of transactions. A key element of the fork is the compact linkable spontaneous anonymous group (CLSAG) feature.
The Monero blog notes that with this option, the transaction processing speed has increased by 10%. Moreover, the acceleration of operations did not affect their confidentiality in any way.
The developers emphasized:
CLSAG allows for smaller and faster transactions with maximum security.
Holders of altcoin XMR have been warned in advance of the upcoming fork. In addition, the developers urged the owners of hardware wallets to regularly update the software to its latest version.
The Monero cryptocurrency has responded positively to the activation of the Oxygen Orion. The coin began to rise in price at the beginning of October. The increase in capital inflows into XMR has led many analysts to predict an increase in the price of altcoin to $ 120 and above.
Ahead of the fork, the coin skyrocketed to $ 128, the highest since late July 2018. After the update, there was a slight correction and today Monero is trading at $ 122.3. XMR has a market cap of just over $ 2.168 billion.
The more time passes, the higher the APY, this is crazy! There’ll be a period of 14 days in which stakers will be able to earn rewards. The earlier you participate, the higher your earned rewards will be. Do NOT miss out on this opportunity!
Very interesting experiment
https://yield-global.medium.com/yield-claim-yield-farming-program-of-yield-global-9f6646b5e0f7
Very interesting experiment
https://yield-global.medium.com/yield-claim-yield-farming-program-of-yield-global-9f6646b5e0f7
What cryptocurrencies did investors make money on? And what was not worth buying
Almost all bitcoin holders storing it in over-the-counter wallets can take profits if they sell the asset. Investments in some other coins brought losses to traders
Since the beginning of the year, the cryptocurrency market has been showing growth. Many popular digital assets have risen in price by 50-100% or more. Among them is bitcoin - since January it has added 65% and almost reached an annual maximum of $ 12.3 thousand.
96% of BTC holders storing it on OTC wallets can sell the asset at a profit. The remaining 4% bought bitcoin at $ 12.2 thousand - $ 20 thousand. This is evidenced by the data of the analytical service intotheblock.com.
Bitcoin holders position (
Over the past month, the range of changes in the bitcoin rate was 21%. The BTC concentration index, which shows how many coins are in the hands of large holders, is 10%.
Ethereum
Since the beginning of the year, Ethereum has risen in price more than Bitcoin. In January it cost $ 130, now it is $ 378 (+ 190%), in September the rate reached $ 480.
Only 71.4% of investors who buy an altcoin can sell it for a profit. 4.3% bought the coin near the current price, and the remaining 24.3% are losing money.
Ethereum holders position (
Ethereum price volatility over the past month has been nearly 40%. The wallets of large investors account for 41% of the issue of the asset.
ChainLink
In the first half of 2020, the Chainlink (LINK) token showed the largest increase in value among cryptocurrencies. In January it cost $ 1.8, in August - $ 20 (+ 950%). But then Chainlink dropped to $ 10.5.
Chainlink price fluctuations have affected the returns of long-term investors. If earlier almost 100% of token holders could fix a profit by selling it, now this figure has dropped to 59%. 7% of traders bought the coin at approximately the current rate, and another 35% at a higher rate.
ChainLink Holders Position (
Chainlink is among the leaders in terms of concentration. About 81% of the issue is concentrated in the hands of large investors. The volatility of the token is also high, in the last month it exceeded 100%.
Band Protocol
Band Protocol (BAND) also shows multiple growth since the beginning of the year. In January, this token cost $ 0.22, now - $ 5.6 (+ 2500%), at the moment the price rose to $ 17.7.
Despite this growth, the position of long-term BAND holders is unenviable. Only 10% of investors can take profits. 3% purchased the asset at the current price, 87% incur losses.
BAND holders position (
Almost all BAND tokens are in the wallets of large holders, the concentration index is 98%. The price volatility has exceeded 150% over the past month.
Uniswap
Holders of the DeFi token of the Uniswap Decentralized Exchange (UNI) are the least fortunate. The coin was issued in mid-September and on the first day rose by 180%, from $ 3 to $ 8.5. Then the asset began to fall in price and is now worth less than $ 3.
Only 0.06% of UNI holders can take profits. About 10% of investors purchased the asset at the current price. The remaining 90% will suffer a loss if the altcoin stocks are sold.
Position of UNI holders (
However, in the case of UNI, one cannot speak unambiguously about a loss. The Uniswap exchange gave away 400 tokens or more for free to all its users. This is from $ 1000 to $ 3400, if converted at the exchange rate on the first day of trading. Some traders received hundreds of thousands of dollars for free.
The UNI concentration index among large holders is 92%. Volatility over the last month - 127%.
Almost all bitcoin holders storing it in over-the-counter wallets can take profits if they sell the asset. Investments in some other coins brought losses to traders
Since the beginning of the year, the cryptocurrency market has been showing growth. Many popular digital assets have risen in price by 50-100% or more. Among them is bitcoin - since January it has added 65% and almost reached an annual maximum of $ 12.3 thousand.
96% of BTC holders storing it on OTC wallets can sell the asset at a profit. The remaining 4% bought bitcoin at $ 12.2 thousand - $ 20 thousand. This is evidenced by the data of the analytical service intotheblock.com.
Bitcoin holders position (
Over the past month, the range of changes in the bitcoin rate was 21%. The BTC concentration index, which shows how many coins are in the hands of large holders, is 10%.
Ethereum
Since the beginning of the year, Ethereum has risen in price more than Bitcoin. In January it cost $ 130, now it is $ 378 (+ 190%), in September the rate reached $ 480.
Only 71.4% of investors who buy an altcoin can sell it for a profit. 4.3% bought the coin near the current price, and the remaining 24.3% are losing money.
Ethereum holders position (
Ethereum price volatility over the past month has been nearly 40%. The wallets of large investors account for 41% of the issue of the asset.
ChainLink
In the first half of 2020, the Chainlink (LINK) token showed the largest increase in value among cryptocurrencies. In January it cost $ 1.8, in August - $ 20 (+ 950%). But then Chainlink dropped to $ 10.5.
Chainlink price fluctuations have affected the returns of long-term investors. If earlier almost 100% of token holders could fix a profit by selling it, now this figure has dropped to 59%. 7% of traders bought the coin at approximately the current rate, and another 35% at a higher rate.
ChainLink Holders Position (
Chainlink is among the leaders in terms of concentration. About 81% of the issue is concentrated in the hands of large investors. The volatility of the token is also high, in the last month it exceeded 100%.
Band Protocol
Band Protocol (BAND) also shows multiple growth since the beginning of the year. In January, this token cost $ 0.22, now - $ 5.6 (+ 2500%), at the moment the price rose to $ 17.7.
Despite this growth, the position of long-term BAND holders is unenviable. Only 10% of investors can take profits. 3% purchased the asset at the current price, 87% incur losses.
BAND holders position (
Almost all BAND tokens are in the wallets of large holders, the concentration index is 98%. The price volatility has exceeded 150% over the past month.
Uniswap
Holders of the DeFi token of the Uniswap Decentralized Exchange (UNI) are the least fortunate. The coin was issued in mid-September and on the first day rose by 180%, from $ 3 to $ 8.5. Then the asset began to fall in price and is now worth less than $ 3.
Only 0.06% of UNI holders can take profits. About 10% of investors purchased the asset at the current price. The remaining 90% will suffer a loss if the altcoin stocks are sold.
Position of UNI holders (
However, in the case of UNI, one cannot speak unambiguously about a loss. The Uniswap exchange gave away 400 tokens or more for free to all its users. This is from $ 1000 to $ 3400, if converted at the exchange rate on the first day of trading. Some traders received hundreds of thousands of dollars for free.
The UNI concentration index among large holders is 92%. Volatility over the last month - 127%.
Filecoin Started Providing Miners with 25% Block Rewards Without Time Limits
An update took place in the Filecoin network, thanks to which miners will be able to receive part of the block rewards immediately, bypassing the established vesting schedule, writes The Block.
Miners who installed Lotus 1.1.0 software prior to the addition of block 170,000 on Thursday evening began to receive their 25% rewards due to the FIP-004 proposal. The developers announced on Wednesday that the update is available for download and is a must-have for anyone looking to continue to participate in supporting the decentralized storage network.
“You have to refresh before epoch 170,000, or out of sync with the chain,” they said.
According to the original plan, the distribution of rewards for miners was to be carried out within 180 days from the moment the block was mined. This rule now only applies to 75% of rewards. This is expected to improve the “FIL reinvestment opportunities for miners”.
Filecoin's rules require miners to provide collateral to the FIL in order to be authorized. Some of them complained that they did not have sufficient funds to meet this requirement and began to disconnect their equipment from the network.
The Filecoin network currently produces about 150,000 FIL per day. Thus, 40,000 FIL will be available to miners for immediate spending. Market participants can only guess what part of these funds will be directed to the sale.
An update took place in the Filecoin network, thanks to which miners will be able to receive part of the block rewards immediately, bypassing the established vesting schedule, writes The Block.
Miners who installed Lotus 1.1.0 software prior to the addition of block 170,000 on Thursday evening began to receive their 25% rewards due to the FIP-004 proposal. The developers announced on Wednesday that the update is available for download and is a must-have for anyone looking to continue to participate in supporting the decentralized storage network.
“You have to refresh before epoch 170,000, or out of sync with the chain,” they said.
According to the original plan, the distribution of rewards for miners was to be carried out within 180 days from the moment the block was mined. This rule now only applies to 75% of rewards. This is expected to improve the “FIL reinvestment opportunities for miners”.
Filecoin's rules require miners to provide collateral to the FIL in order to be authorized. Some of them complained that they did not have sufficient funds to meet this requirement and began to disconnect their equipment from the network.
The Filecoin network currently produces about 150,000 FIL per day. Thus, 40,000 FIL will be available to miners for immediate spending. Market participants can only guess what part of these funds will be directed to the sale.
The digital era has arrived: crypto and fintech companies are growing rapidly, while bank stocks are falling
CryptoPotato showed this in an infographic. It concludes that innovative fintech companies such as Square and PayPal have far outstripped the old-timers - the banking sector. Bitcoin has also seen significant gains since the start of the year, with Ethereum surpassing them all with significant three-digit gains.
CryptoPotato showed this in an infographic. It concludes that innovative fintech companies such as Square and PayPal have far outstripped the old-timers - the banking sector. Bitcoin has also seen significant gains since the start of the year, with Ethereum surpassing them all with significant three-digit gains.
Whale completes largest transaction in bitcoin history, moving $ 1.15 billion
On Monday, an unknown person carried out the largest Bitcoin transaction in terms of dollars for the entire existence of a cryptocurrency.
According to a blockchain observer, the owner of the third largest Bitcoin wallet moved 88,857 BTC, or about $ 1.15 billion at current rates. The transaction processing fee was 0.00027847 BTC ($ 3.50).
The initial wallet was created on August 6 and soon began to receive transfers, as a result of which it quickly became one of the leading holders of bitcoin. The coins withdrawn from it were not sent to the address of any well-known service where they could be sold.
The CrystalBlockchain analytics service indicates that the wallet may be linked to the Xapo custodian. In 2019, it was acquired by the American exchange Coinbase, which controls the largest volume of bitcoins in circulation to date.
The previous record was set by Bitfinex, which moved 161,500 BTC worth $ 1.1 billion in April for a fee of $ 0.68. The largest transaction by the number of bitcoins transferred belongs to the defunct Mt. Gox. In November 2011, she sent 550,000 BTC worth $ 1.32 million then and $ 7 billion now.
On Monday, an unknown person carried out the largest Bitcoin transaction in terms of dollars for the entire existence of a cryptocurrency.
According to a blockchain observer, the owner of the third largest Bitcoin wallet moved 88,857 BTC, or about $ 1.15 billion at current rates. The transaction processing fee was 0.00027847 BTC ($ 3.50).
The initial wallet was created on August 6 and soon began to receive transfers, as a result of which it quickly became one of the leading holders of bitcoin. The coins withdrawn from it were not sent to the address of any well-known service where they could be sold.
The CrystalBlockchain analytics service indicates that the wallet may be linked to the Xapo custodian. In 2019, it was acquired by the American exchange Coinbase, which controls the largest volume of bitcoins in circulation to date.
The previous record was set by Bitfinex, which moved 161,500 BTC worth $ 1.1 billion in April for a fee of $ 0.68. The largest transaction by the number of bitcoins transferred belongs to the defunct Mt. Gox. In November 2011, she sent 550,000 BTC worth $ 1.32 million then and $ 7 billion now.
Investors claim multi-million dollar losses from investment in staking Lyfcoin token
Investors of the crypto-fraudulent scheme announced large losses, but the police refuse to recognize the actions committed against them as a crime, the newspaper Metro found out during its own investigation.
Several people in a conversation with the publication reported about their investments in the Lyfcoin crypto project, which interested them with promises of high returns. To double assets, they had to be staked for five months. After that, as expected, the money could be withdrawn, but as the deadline approached, program participants were told to wait another 12-24 months.
“The persistent beliefs and promises of leaders at meetings gave members a false sense of confidence that we would get a better return on our investment, but in reality, a small handful of people were enriched by the loss of hundreds of participants,” said one investor.
Interlocutors of the publication reported a loss of £ 100,000 and estimate losses throughout the UK at £ 2.5 million. The damage from the scheme's activities at the international level is unknown. Some left their pension savings in Lyfcoin, others borrowed money from relatives, writes Metro.
According to the pyramid participants, someone named Sakhi Rezaye attracted them through presentations, Zoom workshops and meetings at his office in Birmingham. Payments for staking tokens had to be sent to his bank accounts, often through intermediaries who took their commission, rather than to Lyfcoin's own account.
Rezaye claims that he was a regular client of the project, like everyone else. One of the victims, who lost £ 36,500, provided evidence of his involvement in the form of WhatsApp correspondence and a payment document for transferring money to the account of M.K. Brothers Ltd. After the funds were credited, Rezaye supposedly "ignored" the requests of investors regarding the withdrawal of their share.
It was claimed that the price of Lyfcoin is $ 1.60, but later investors found out that the token is not quoted anywhere except for the project's own exchange and costs 8 cents on it. However, they also did not have access to the wallet or tokens.
Who exactly owns Lyfcoin is unknown. The interlocutors of the publication are sure that a group of people in the UK is behind the project, and the company's official website contains an incomplete address in Estonia.
One of the investors contacted the human rights organization Action Fraud, after which it referred the complaint to the police. He also said that he entered into an agreement with Rezaye, according to the terms of which he had to drop the claims and apologize on social networks in exchange for a monthly payment of £ 5,000. According to him, Rezaye made only one payment.
The police closed the case, explaining that the evidence provided did not contribute to its progress and did not lead to the identification of any wrongdoing. Fourteen investors continue to push for further investigation.
Investors of the crypto-fraudulent scheme announced large losses, but the police refuse to recognize the actions committed against them as a crime, the newspaper Metro found out during its own investigation.
Several people in a conversation with the publication reported about their investments in the Lyfcoin crypto project, which interested them with promises of high returns. To double assets, they had to be staked for five months. After that, as expected, the money could be withdrawn, but as the deadline approached, program participants were told to wait another 12-24 months.
“The persistent beliefs and promises of leaders at meetings gave members a false sense of confidence that we would get a better return on our investment, but in reality, a small handful of people were enriched by the loss of hundreds of participants,” said one investor.
Interlocutors of the publication reported a loss of £ 100,000 and estimate losses throughout the UK at £ 2.5 million. The damage from the scheme's activities at the international level is unknown. Some left their pension savings in Lyfcoin, others borrowed money from relatives, writes Metro.
According to the pyramid participants, someone named Sakhi Rezaye attracted them through presentations, Zoom workshops and meetings at his office in Birmingham. Payments for staking tokens had to be sent to his bank accounts, often through intermediaries who took their commission, rather than to Lyfcoin's own account.
Rezaye claims that he was a regular client of the project, like everyone else. One of the victims, who lost £ 36,500, provided evidence of his involvement in the form of WhatsApp correspondence and a payment document for transferring money to the account of M.K. Brothers Ltd. After the funds were credited, Rezaye supposedly "ignored" the requests of investors regarding the withdrawal of their share.
It was claimed that the price of Lyfcoin is $ 1.60, but later investors found out that the token is not quoted anywhere except for the project's own exchange and costs 8 cents on it. However, they also did not have access to the wallet or tokens.
Who exactly owns Lyfcoin is unknown. The interlocutors of the publication are sure that a group of people in the UK is behind the project, and the company's official website contains an incomplete address in Estonia.
One of the investors contacted the human rights organization Action Fraud, after which it referred the complaint to the police. He also said that he entered into an agreement with Rezaye, according to the terms of which he had to drop the claims and apologize on social networks in exchange for a monthly payment of £ 5,000. According to him, Rezaye made only one payment.
The police closed the case, explaining that the evidence provided did not contribute to its progress and did not lead to the identification of any wrongdoing. Fourteen investors continue to push for further investigation.
VERY bullish chart: BTC balance on exchanges.
We can see that the number of coins on exchanges has been decreasing since February.
This is a sign that new HODLers are coming in and buying bitcoins and moving them into cold storage.
This is very consistent bullish behavior that we saw in 2016 before the moon run in 2017, as well as in the low 3-4K in 2019 ahead of the 13K top.
And we are currently seeing significant growth in these spot exchanges and the movement of coins into cold storage.
It has never been that long, a very optimistic and bullish signal 🐂
We can see that the number of coins on exchanges has been decreasing since February.
This is a sign that new HODLers are coming in and buying bitcoins and moving them into cold storage.
This is very consistent bullish behavior that we saw in 2016 before the moon run in 2017, as well as in the low 3-4K in 2019 ahead of the 13K top.
And we are currently seeing significant growth in these spot exchanges and the movement of coins into cold storage.
It has never been that long, a very optimistic and bullish signal 🐂
Today is Bitcoin's holiday!
On October 31, 2008, a document titled Bitcoin: A Peer-to-Peer Electronic Cash System was published on the cypherpunk mailing list (http://www.metzdowd.com/mailman/listinfo/cryptography)
aka Bitcoin White Paper by Satoshi Nakamoto.
This day, along with January 3, 2009, when the genesis block was generated, is considered one of the key dates in the history of Bitcoin. And if we compare Bitcoin with a child - January 3, 2009 is a birthday, and October 31, 2008 is when the parents first went to an ultrasound scan and found out who should be born at all)
And now, 12 years later, the 9-page technical document turned into a world-famous project with a capitalization of $ 250 billion, without fundraising, without marketing budget, without an office and without paid staff.
The best thing to do on this day is to read / re-read Satoshi's document. If for some reason you haven't done it yet, now there is a good opportunity. Gain knowledge and appreciate how simple everything is ingenious.
On October 31, 2008, a document titled Bitcoin: A Peer-to-Peer Electronic Cash System was published on the cypherpunk mailing list (http://www.metzdowd.com/mailman/listinfo/cryptography)
aka Bitcoin White Paper by Satoshi Nakamoto.
This day, along with January 3, 2009, when the genesis block was generated, is considered one of the key dates in the history of Bitcoin. And if we compare Bitcoin with a child - January 3, 2009 is a birthday, and October 31, 2008 is when the parents first went to an ultrasound scan and found out who should be born at all)
And now, 12 years later, the 9-page technical document turned into a world-famous project with a capitalization of $ 250 billion, without fundraising, without marketing budget, without an office and without paid staff.
The best thing to do on this day is to read / re-read Satoshi's document. If for some reason you haven't done it yet, now there is a good opportunity. Gain knowledge and appreciate how simple everything is ingenious.
Berlin hardfork on Ethereum is scheduled for January 2021
The Berlin update in the network of the second largest cryptocurrency by capitalization will take place approximately in a few months. Ethereum-developers agreed on this during the next conference call.
The hard fork is slated for January next year, following the December launch of Ethereum 2.0 phase zero. Within the framework of the latter, the Beacon Chain is activated using the Proof-of-Stake algorithm.
Berlin aims to improve the functionality of the first version of the Ethereum network and optimize the performance of the virtual machine (EVM).
EIP-2537 will not be included in Berlin. This proposal was intended to simplify the interaction of the second and first versions of the Ethereum blockchain through the use of similar cryptographic structures.
Also, the update does not include EIP-1559, which changes the model for calculating transaction fees.
In the coming weeks, the YOLO v3 testnet will be launched, designed to test the operation of the updated system.
Recall that following the July conference call, the hard fork of Berlin in the Ethereum network was postponed at least until August. Then the developers were wary of the excessive concentration of nodes in the Geth client.
However, since then, the situation has only worsened. At the time of writing, 81.4% of nodes use Geth, according to Ethernodes. In early July, the figure was 79%.
The Berlin update in the network of the second largest cryptocurrency by capitalization will take place approximately in a few months. Ethereum-developers agreed on this during the next conference call.
The hard fork is slated for January next year, following the December launch of Ethereum 2.0 phase zero. Within the framework of the latter, the Beacon Chain is activated using the Proof-of-Stake algorithm.
Berlin aims to improve the functionality of the first version of the Ethereum network and optimize the performance of the virtual machine (EVM).
EIP-2537 will not be included in Berlin. This proposal was intended to simplify the interaction of the second and first versions of the Ethereum blockchain through the use of similar cryptographic structures.
Also, the update does not include EIP-1559, which changes the model for calculating transaction fees.
In the coming weeks, the YOLO v3 testnet will be launched, designed to test the operation of the updated system.
Recall that following the July conference call, the hard fork of Berlin in the Ethereum network was postponed at least until August. Then the developers were wary of the excessive concentration of nodes in the Geth client.
However, since then, the situation has only worsened. At the time of writing, 81.4% of nodes use Geth, according to Ethernodes. In early July, the figure was 79%.
👍Who is behind the big Bitcoin moves?
♨️69,370 BTC on one of the largest wallets started moving. This is just under $ 1 billion in bitcoins at the current exchange rate. Unknown persons brought them in two transactions to the wallet, which is the fourth largest holder of the BTC.
📌The sender wallet data was mentioned on hacker forums - for many years attackers tried to hack it and get access to the bitcoins stored on the balance by picking up a private key.
🌐It is possible that this address is connected with the founder of the trading platform on the Silk Road darknet, Ross Ulbricht, who is sitting in an American prison, or with the notorious Mt.Gox exchange.
☝️This is not the first time that “frozen” bitcoins come into motion for a long time. A previously unknown person transferred 50 bitcoins that had been lying motionless for 11 years. The miner received these coins for a block on February 9, 2009, when only three or four people mined BTC, including Satoshi Nakamoto himself.
♨️69,370 BTC on one of the largest wallets started moving. This is just under $ 1 billion in bitcoins at the current exchange rate. Unknown persons brought them in two transactions to the wallet, which is the fourth largest holder of the BTC.
📌The sender wallet data was mentioned on hacker forums - for many years attackers tried to hack it and get access to the bitcoins stored on the balance by picking up a private key.
🌐It is possible that this address is connected with the founder of the trading platform on the Silk Road darknet, Ross Ulbricht, who is sitting in an American prison, or with the notorious Mt.Gox exchange.
☝️This is not the first time that “frozen” bitcoins come into motion for a long time. A previously unknown person transferred 50 bitcoins that had been lying motionless for 11 years. The miner received these coins for a block on February 9, 2009, when only three or four people mined BTC, including Satoshi Nakamoto himself.
Tether capitalization exceeded $ 17 billion - Bitcoin rocket received new fuel
The rise in the price of bitcoin is accompanied by an avalanche of money pouring into the industry through stablecoins. Tether's (USDT) market capitalization reached $ 17 billion for the first time, according to a report by Tether Transparency.
Tether's capitalization is growing exponentially this year. In mid-September, this figure almost quadrupled, from $ 4 billion (at the beginning of the year) to over $ 15 billion. According to messari analytics platform, USDT has grown significantly since August 2020, adding more than $ 5 billion to its market capitalization over the past three months. ...
As such, Tether, the largest stablecoin in the cryptocurrency market, is showing impressive growth in market capitalization, which is certainly fueling the current rally in Bitcoin.
The rise in the price of bitcoin is accompanied by an avalanche of money pouring into the industry through stablecoins. Tether's (USDT) market capitalization reached $ 17 billion for the first time, according to a report by Tether Transparency.
Tether's capitalization is growing exponentially this year. In mid-September, this figure almost quadrupled, from $ 4 billion (at the beginning of the year) to over $ 15 billion. According to messari analytics platform, USDT has grown significantly since August 2020, adding more than $ 5 billion to its market capitalization over the past three months. ...
As such, Tether, the largest stablecoin in the cryptocurrency market, is showing impressive growth in market capitalization, which is certainly fueling the current rally in Bitcoin.