Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

MimbleWimble adds new features for Litecoin, but some exchanges balk

Litecoin may have recently activated its long-awaited privacy-based upgrade, but not without creating some regulatory compliance issues.

Bitcoin stocks correlation 'feels like' 100% as $30K BTC price frustrates

Bitcoin simply will not budge from its multi-week range, and morale is suffering as a result.

Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions

U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans criticized Yellen for not knowing about the risks of inflation. A U.S. senator from Wyoming questioned the Treasury secretary’s “pronouncements and decisions” […]

When do you think the ETH 2.0 merge will finally happen?

submitted by /u/predictany007 [link] [comments]

The Urge to Merge – The Daily Gwei #497

submitted by /u/DailyGweiBot [link] [comments]

Question about spam attacks

Just something I’m curious about. Could someone potentially spam the network with 1000s of transactions for example, even say they don’t have the money to pay the gas fees? What is in place to reject these transactions? Is it checked at every node whether the sender can pay the transaction fee before it’s included in…
Read more

Micheal Saylor Says Current Volatility Irrelevant, Predicts Bitcoin At $1 M

Maximalist Bitcoin holder and the Chairman and CEO of the MicroStrategy company, Micheal Saylor, is still bullish on the Bitcoin despite the bearish market. While commenting on the new regulatory bill of June 07 in an interview with CNBC on June 08, he predicted Bitcoin’s price to be around $1 million in the future. To back his statement, he highlighted the new crypto bill proposed by Democratic Senator Kirsten Gillibrand and Republican Senator Cynthia Lummis to bring the crypto-friendly rules. Saylor added that Bitcoin is a “real thing that is going to be with us.” Related Reading | Do Knwon Turns Twitter Account To Private After LUNA Slumps The interviewer argued about the possibility of BTC falling down, and his company MicroStrategy, which nearly holds 130,000 BTC, could face more losses. Saylor replied that Bitcoin would not likely plummet to zero. Furthermore, he discussed the current volatility is largely irrelevant. While providing arguments for his belief in Bitcoin growth, he pointed out that both skeptics and deniers, who speculated BTC would crash or governments would shut down the asset class soon as it was not real, proved wrong. Governments instead seek to regulate it, and the price has not dropped to zero yet; he added, “If Bitcoin is not going to zero, then it’s going to a million.”  American tech tycoon further stated that Bitcoin is “obviously better than gold and everything that gold wants to be.” He noted that if the BTC had the same nature as gold, it “would be only five hundred thousand USD per coin.” Saylor Believes People Now Recognizing Virtual Assets  Saylor highlighted that people are now changing their perspectives on cryptocurrency. He mentioned the new crypto-friendly bill, created by senators Kristen Gillibrand and Cynthia Lummis, and Janet Yellen’s speech on April 07 at American University. Yellen, in her speech, recited the vision of Bitcoin creator Satoshi Nakamoto and revealed how Bitcoin could play a crucial role in the United States. Considering these facts, Saylor believes that people have now started to realize that BTC is here to stay with us and will expand the adoption ahead. It was not the first time Saylor speculated BTC’s price at $1 million. A few weeks ago, he expressed his vision of it skyrocketing to the million mark. He added at the time: There’s no price target. I expect we’ll be buying bitcoin at the local top forever. And I expect Bitcoin is going to go into the millions. So we’re very patient. We think it’s the future of money. Related Reading | TA: Bitcoin Stuck In Key Range, Why A Major Breakout Is Possible The cloud-based company MicroStrategy started interacting with Bitcoin in August 2020. In fact, it began accumulating portions of its corporate balance sheet. Since continually gathering BTCs, it currently holds around 130,000 BTC. Per the previous statements of the CEO, he had no intentions to change its possessions. Instead, he thinks about accumulating more BTC. Featured image from Pixabay and chart from TradingView.com  

FireStake a staking service of Cosmos Ecosystem found Osmosis LP Bug instead of reporting they took advantage of it and turned their $226 USD into $2 Million, in their defense they were thinking about their Family’s Future, not the future of their community.

After Osmosis team announced they are going to report this to the authorities so suddenly started thinking about their community instead of their family. ​ Family First, right guys? Tweet Link: https://twitter.com/stake_fire/status/1534598315441913856?s=20&t=Z8KGL1n-84Nm-qLdA2KxXw Now they are encouraging others to step forward and return the funds. Their latest tweet: ​ https://preview.redd.it/hf0awji4pl491.png?width=636&format=png&auto=webp&s=b0b1b7e5b05bd6b9c766b991b5611d0ad1ce8455 By the they are transferring ownership…
Read more

What cryptos are all talk no action?

Many cryptocurrencies have a big issue with being able to fulfill their promises. Some more so than others. Which crypto in your opinion has made too many promises and is too dependent on what the creator or team says? I want to see different perspectives and not just blindly invest into words and promises instead…
Read more