If you come to a centralized crypto platform thinking you’re using something free, something ahead of its time, or something liberal, you’re mistaken.
Any modern centralized bank has numerous rights over you—such as requesting your documents, proof of income, and so on. However, by law, it also has many obligations toward you.
A centralized crypto platform, on the other hand, has the same rights to demand your documents or freeze your funds. But it has no formal obligations to you because such laws have not yet been established in most countries.
Therefore, when it comes to the crypto industry, preference should always be given to decentralized exchanges, cold wallets, and similar tools. Only here are both the crypto platform and you truly independent.
There is no imbalance of rights and obligations like there is on any modern crypto exchange, hot crypto wallet, or similar platform. On any modern crypto exchange, you are at a disadvantage. They have full authority, and you have nothing.
Any modern centralized bank has numerous rights over you—such as requesting your documents, proof of income, and so on. However, by law, it also has many obligations toward you.
A centralized crypto platform, on the other hand, has the same rights to demand your documents or freeze your funds. But it has no formal obligations to you because such laws have not yet been established in most countries.
Therefore, when it comes to the crypto industry, preference should always be given to decentralized exchanges, cold wallets, and similar tools. Only here are both the crypto platform and you truly independent.
There is no imbalance of rights and obligations like there is on any modern crypto exchange, hot crypto wallet, or similar platform. On any modern crypto exchange, you are at a disadvantage. They have full authority, and you have nothing.
Bitcoin has been consolidating in a sideways range between $90,000 and $100,000 for quite some time. On the daily chart, we can see that trading volumes have started to decline (based on Binance data for the BTC/USDT pair). This could indicate that the market is accumulating strength and is in its final stage of consolidation.
Therefore, a decisive and potentially explosive move in one direction could be just around the corner.
Therefore, a decisive and potentially explosive move in one direction could be just around the corner.
On January 17, 2025, the President-elect of the United States, Donald Trump, announced plans to issue an executive order designating cryptocurrencies as a national priority. The Trump administration is also exploring the creation of a national Bitcoin reserve.
Additionally, there is a discussion about potentially suspending ongoing legal proceedings related to cryptocurrencies, including cases against Binance and Ripple Labs (keeping an eye on Ripple's price).
Additionally, there is a discussion about potentially suspending ongoing legal proceedings related to cryptocurrencies, including cases against Binance and Ripple Labs (keeping an eye on Ripple's price).
We are observing massive fluctuations in transaction fees on the Ethereum network.
Don't forget about the handy "rewrite stuck transaction" feature. If your transaction gets stuck in the network due to a low fee, take its Nonce and click this button. Enter the old transaction number, specify the amount including the fee in the relevant fields, and your new transaction will overwrite the stuck one.
Don't forget about the handy "rewrite stuck transaction" feature. If your transaction gets stuck in the network due to a low fee, take its Nonce and click this button. Enter the old transaction number, specify the amount including the fee in the relevant fields, and your new transaction will overwrite the stuck one.
The creator of the darknet marketplace (where you could buy almost anything) was pardoned today in the US for his role in popularizing Bitcoin in 2011. Bitcoin was one of the main payment methods used there (for drugs, weapons, and other items). In 2015, Ross Ulbricht was sentenced to life imprisonment without the possibility of parole.
Ulbricht's release was one of Trump's campaign promises to the crypto community; the businessman vowed to pardon the Silk Road founder on the first day of his re-election.
“I just called the mother of Ross William Ulbright to let her know that in honor of her and the Libertarian Movement, which supported me so strongly, it was my pleasure to have just signed a full and unconditional pardon of her son, Ross,” Trump said on his Truth Social platform.
Funny enough, his laptop is listed in the FBI's "Artifacts" database.
Ulbricht's release was one of Trump's campaign promises to the crypto community; the businessman vowed to pardon the Silk Road founder on the first day of his re-election.
“I just called the mother of Ross William Ulbright to let her know that in honor of her and the Libertarian Movement, which supported me so strongly, it was my pleasure to have just signed a full and unconditional pardon of her son, Ross,” Trump said on his Truth Social platform.
Funny enough, his laptop is listed in the FBI's "Artifacts" database.
I have mixed feelings about this news; it's something we're not quite used to. It's like when you jokingly pray, looking at the sky, and suddenly hear the loud crash of a wooden treasure chest falling. A similar pleasant bewilderment is happening right now, especially considering that the PRESIDENT of some country has created their own cryptocurrency.
#Mitilena
We've made some changes to the website in preparation for the big changes. If something doesn't work as expected, please write to the support team.
We've made some changes to the website in preparation for the big changes. If something doesn't work as expected, please write to the support team.
If your ultra-secure messenger delivers messages via push notifications on your phone, then any developer of a third-party notification server can read them. For example, many apps on your phone send messages in plain text (unencrypted) to OneSignal, one of the largest push notification processors.
Example:
You send a private key to your friend via WhatsApp. At that moment, your friend doesn’t have an active chat open with you. So, WhatsApp (hypothetically) takes your message in plaintext and sends it to a notification server. That server reads it, processes it (possibly steals it, hands it over to the FBI, or gets hacked itself), then forwards it to Apple/Google, which finally delivers it to your friend's phone.
You think you're protected, but in reality, anyone who needed access to your private key may have already taken it.
This is why security should always be understood in detail, not just on a surface level. Otherwise, it’s nothing more than marketing slogans for the average user.
#thoughts
Example:
You send a private key to your friend via WhatsApp. At that moment, your friend doesn’t have an active chat open with you. So, WhatsApp (hypothetically) takes your message in plaintext and sends it to a notification server. That server reads it, processes it (possibly steals it, hands it over to the FBI, or gets hacked itself), then forwards it to Apple/Google, which finally delivers it to your friend's phone.
You think you're protected, but in reality, anyone who needed access to your private key may have already taken it.
This is why security should always be understood in detail, not just on a surface level. Otherwise, it’s nothing more than marketing slogans for the average user.
#thoughts
Congratulations, everyone! 🎉
Our cold wallet app is now officially available on the Apple Store, bringing NFC card support to iPhones! Now, you can securely store your private keys on NFC cards.
📲 Download here:
https://apps.apple.com/app/mitilena-wallet/id6443488723
🔑 Please order license keys through our eShop and activate your premium license in the app:
https://shop.mitelena.com/product/mitilena-wallet-premium-package-3-nfc-cards/
Our cold wallet app is now officially available on the Apple Store, bringing NFC card support to iPhones! Now, you can securely store your private keys on NFC cards.
📲 Download here:
https://apps.apple.com/app/mitilena-wallet/id6443488723
🔑 Please order license keys through our eShop and activate your premium license in the app:
https://shop.mitelena.com/product/mitilena-wallet-premium-package-3-nfc-cards/
Alexander Vinnik, the developer of the BTC-e exchange, which controlled about 3% of Bitcoin's volume, has been released from an American prison and exchanged for Marc Fogel.
No court hearings on Vinnik's case were held in the United States; all sessions were purely technical.
U.S. President Donald Trump approved the release of Alexander Vinnik in exchange for the release of Marc Fogel, a former diplomat convicted in Russia. In 2022, Fogel, a former teacher at the Anglo-American School and a former U.S. Embassy employee in Moscow, was sentenced to 14 years in a high-security penal colony for drug smuggling. Fogel has now returned to the U.S., while Vinnik has returned to Russia.
BTC-e, founded in 2011, became one of the largest cryptocurrency exchanges, serving over a million users worldwide and processing transactions worth more than $9 billion.
No court hearings on Vinnik's case were held in the United States; all sessions were purely technical.
U.S. President Donald Trump approved the release of Alexander Vinnik in exchange for the release of Marc Fogel, a former diplomat convicted in Russia. In 2022, Fogel, a former teacher at the Anglo-American School and a former U.S. Embassy employee in Moscow, was sentenced to 14 years in a high-security penal colony for drug smuggling. Fogel has now returned to the U.S., while Vinnik has returned to Russia.
BTC-e, founded in 2011, became one of the largest cryptocurrency exchanges, serving over a million users worldwide and processing transactions worth more than $9 billion.
Congratulations, everyone! 🎉
Our cold wallet app is now officially available on the Google Play, bringing NFC card support to Androids! Now, you can securely store your private keys on NFC cards.
📲 Download here:
https://play.google.com/store/apps/details?id=com.mitilena.app&pcampaignid=web_share
🔑 Please order license keys through our eShop and activate your premium license in the app:
https://shop.mitelena.com/product/mitilena-wallet-premium-package-3-nfc-cards/
Our cold wallet app is now officially available on the Google Play, bringing NFC card support to Androids! Now, you can securely store your private keys on NFC cards.
📲 Download here:
https://play.google.com/store/apps/details?id=com.mitilena.app&pcampaignid=web_share
🔑 Please order license keys through our eShop and activate your premium license in the app:
https://shop.mitelena.com/product/mitilena-wallet-premium-package-3-nfc-cards/
The problem with updates on Windows platforms has been resolved. Who else is experiencing problems. Uninstall the old version via ‘Install and Uninstall Programs’ and download the new one from the link:
https://mitilena.com/Mitilena%20Wallet_2.2.982.exe
Your data will remain unaffected.
https://mitilena.com/Mitilena%20Wallet_2.2.982.exe
Your data will remain unaffected.
Bybit Crypto Exchange Hacked for $1.46 Billion
Bybit representatives have officially confirmed the attack.
"Unfortunately, this transaction was manipulated using a sophisticated attack that altered the signing interface. While displaying the correct address, it secretly modified the logic of the smart contract," Bybit stated.
This is the largest crypto hack in history.
To stay safe, always use offline signing. When signing transactions offline, no one can tamper with the signing interface, as making any modifications would first require an internet connection to your computer or phone.
Bybit representatives have officially confirmed the attack.
"Unfortunately, this transaction was manipulated using a sophisticated attack that altered the signing interface. While displaying the correct address, it secretly modified the logic of the smart contract," Bybit stated.
This is the largest crypto hack in history.
To stay safe, always use offline signing. When signing transactions offline, no one can tamper with the signing interface, as making any modifications would first require an internet connection to your computer or phone.
Donald Trump announced his intention to create a national cryptocurrency reserve in the United States. The Republican initially listed three cryptocurrencies, causing their prices to skyrocket instantly. Then, he added two more.
According to Trump, the crypto reserve will include tokens such as XRP, Solana (SOL), Cardano (ADA), Bitcoin (BTC), Ethereum (ETH), "and other valuable cryptocurrencies."
According to Trump, the crypto reserve will include tokens such as XRP, Solana (SOL), Cardano (ADA), Bitcoin (BTC), Ethereum (ETH), "and other valuable cryptocurrencies."
We've added a new cryptocurrency to our wallet—Toncoin (TON), the digital asset associated with the Telegram messenger. You can now generate Toncoin within the wallet, check balances, and send transactions.
Please note that TON wallets require a specific activation process. To simplify this, we've added a dedicated "Activate Wallet" button.
Toncoin support is now available in our mobile apps, as well as in the latest updates for the desktop and web versions of our wallet.
Please note that TON wallets require a specific activation process. To simplify this, we've added a dedicated "Activate Wallet" button.
Toncoin support is now available in our mobile apps, as well as in the latest updates for the desktop and web versions of our wallet.