In 2013, Wired destroyed the key to 13 BTC now worth $760K… to make a point
Wired considered donating their holdings to charity back in 2013, but instead decided the “obvious” choice was to destroy the key to their wallet holding 13 BTC.
Wired considered donating their holdings to charity back in 2013, but instead decided the “obvious” choice was to destroy the key to their wallet holding 13 BTC.
The founder and manager of several cryptocurrency funds has pleaded guilty to luring investors to his crypto investment scam. His funds consistently lost money and his scam left investors with a $5 million loss, according to the U.S. Department of Justice (DOJ). Investors Scammed Into Investing in Coin Signals’ Funds The U.S. Department of Justice […]
“Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space.”
Another one bites the dust. David Marcus stepped down as the head of Novi, Meta/ Facebook’s fintech division. The company’s first order of business was to create a cryptocurrency, but regulators around the world were not keen on the idea. After a few missteps and name changes, they finally released a wallet called Novi to little fanfare. The coin, now named Diem, is still in development and unreleased. Related Reading | What Zuckerberg’s Meta Means for the Metaverse David Marcus Says Goodbye This is not the first time this happens, other top executives have abandoned Meta’s ship over the years. CNBC recapitulates: “Marcus’s departure follows that of other key executives who led Facebook’s ill-fated efforts in blockchain. Fellow project founder Morgan Beller left the company in September 2020 to go into venture capital. Kevin Weil, another one of the project founders, left in March to join Planet, a San Francisco company.” Ex-Upwork CEO Stephane Kasriel will replace David Marcus, who in a Facebook post announcing his departure said: “The one thing I’m the proudest of during my time here is the amazing kickass team we’ve assembled over the last three years. This is the most resilient, passionate, determined and talented group of humans I’ve ever worked with. I find comfort and confidence in knowing that they will continue to execute our important mission well under Stephane Kasriel’s leadership, and I can’t wait to witness this from the outside.” Mark Zuckerberg responded to David Marcus: “I’ve learned so much working with you and I’m so grateful for everything you’ve done for this place. We wouldn’t have taken such a big swing at Diem without your leadership and I’m grateful you’ve made Meta a place where we make those big bets. You’ve built a great team, and while I’ll miss working with you, I’m looking forward to working with Stephane to lead the team going forward.” I am so honored for the opportunity to lead the awesome @novi team, and look forward to continuing to build products and services that allow more access for people and businesses to the financial system and digital economy. — Stephane Kasriel (@skasriel) November 30, 2021 For his part, Stephane Kasriel said via Twitter: “I am so honored for the opportunity to lead the awesome Novi team, and look forward to continuing to build products and services that allow more access for people and businesses to the financial system and digital economy.” FACEBOOK price chart on BMFBOVESPA | Source: TradingView.com What’s The Deal With Libra/Calibra/Novi/Diem? After many iterations, Diem is now a stablecoin prototype. For its part Novi, the wallet, is only available in the United States and Guatemala. Facebook/Meta is running a pilot program to test the technology and gather data. They’re trying to steal the remittances market in Guatemala, which constitutes 14% of the county’s GDP. Using the Novi wallet, it’s almost free. Nowadays, Facebook/Meta is using the Paxos stablecoin USDP as their standard. About this, David Marcus said via Twitter. “USDP is a well-designed stablecoin that’s been operating successfully for over three years and has important regulatory and consumer protection attributes. I do want to be clear that our support for Diem hasn’t changed and we intend to launch Novi with Diem once it receives regulatory approval and goes live. We care about interoperability and we want to do it right.” Related Reading | Facebook Officials Claim Novi Received Approval From Major U.S. States However, will Diem ever receive regulatory approval? For Facebook/Meta, that’s the Trillion-Dollar question. The company’s reputation regarding its handling of personal data is hampering the whole operation. And, well, governments around the world don’t seem to want a company like Facebook in charge of the money. And, well, the project’s been all over the place from the very beginning. No offense to David Marcus, who claims to be Diem’s “Co-creator & Board member.” The project’s slogan is “To build a trusted and innovative financial network that empowers people and businesses around the world.” And, well, that’s Bitcoin. Why don’t they just plug in to the winning open monetary network? Because Meta wants to be in control of the money supply. And that’s what government’s around the world are trying to prevent. Featured Image: mohamed_hassan on Pixabay | Charts by TradingView
The year is 2041, 20 years since Bitcoin reached $1 Trillion Market Cap. Bitcoin is now in number 5 place, right below Ethereum at 6 place. We all know Bitcoin and Eth don't have the best technology, they're a little worst if we compare them to other cryptos. But do you think we will…
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How much do you think the price ETH could be when the ETH 2.0 upgrade will be completed? Can it cross 10k by then or decrease? Share your valuable opinions! submitted by /u/nobodyisasking [link] [comments]
Bitcoin failed again to clear the $58,500 resistance against the US Dollar. BTC is declining and it might accelerate lower below the $56,000 support in the near term. Bitcoin is struggling to move above the $58,000 and $58,500 levels. The price is just trading above $57,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $57,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate lower if there is a clear break below the $56,000 support zone. Bitcoin Price is Struggling Bitcoin price failed to gain pace above the $58,500 resistance zone. BTC is slowly moving lower from the last swing high at $58,890. There was a break below the $58,000 level. The price traded below the 23.6% Fib retracement level of the upward move from the $53,300 swing low to $58,890 high. Besides, there was a break below a key bullish trend line with support near $57,200 on the hourly chart of the BTC/USD pair. Bitcoin is now just trading above $57,000 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $57,500 level. The first major resistance is near the $58,000 level. Source: BTCUSD on TradingView.com The main resistance is still near the $58,500 level. A clear break above the $58,500 resistance zone could open the doors for more upsides. The next key resistance is near the $60,000 level, above which the price could rise steadily. The next stop for the bulls may possibly be near the $61,200 level. Fresh Drop In BTC? If bitcoin fails to clear the $58,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $57,000 level. The first major support is now forming near the $56,800 level and the 100 hourly SMA. The next major support is near the $56,000 level. It is near the 50% Fib retracement level of the upward move from the $53,300 swing low to $58,890 high. A downside break below the $56,000 support may perhaps push the price towards $55,500. Any more losses might start a major decline towards $52,000. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently below the 50 level. Major Support Levels – $57,000, followed by $56,000. Major Resistance Levels – $58,000, $58,500 and $60,000.
So, as soon as Bitcoin started to see greens, one of the coins that started to pump hard is MATIC. I mentioned this in my previous post, and I was very confident of this as well as bullish. It has had a 16% gain yesterday and will continue to go. This is thanks to the…
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The court battle over 1.1 million Bitcoin is at a standstill as the jury in the case has been deadlocked for days.
Is this the normal hashrate for this card? I have tried bios modding it and no luck. I keep having to flash it back to the original bios submitted by /u/lx277_60 [link] [comments]