⚡️ Over the last 7 days, the volume of NFT transactions on the BTC network has increased by >120%.

Other networks are also experiencing volume growth.

💸Crypto Mining

Are crypto transactions anonymous?

Crypto transactions on blockchains are “pseudonymous,” meaning they can be traced to wallet addresses (via public keys) but have no direct connection with people’s identities.

Every transaction is open to the public, and anyone with an internet connection can view them. The date, the amount sent and received, the wallet addresses — all of this data is impossible to conceal.

However, if you use a non-custodial wallet, it will be impossible to identify you as the wallet’s owner (unless you deanonymize yourself).

For example, if you send crypto from a centralized exchange to your non-custodial wallet, the exchange now knows who the non-custodial wallet belongs to since you must pass Know Your Customer requirements by showing your ID.

Therefore, if you practice the basics, you can be completely anonymous on the blockchain, and no one will ever know your personal information.

💸Crypto Mining

🪑 Pavel Durov's unique chairs

In the background you can see chairs with very strange tips on the seats. Okay, all millionaires have their quirks, but Durov sure knows how to joke 🤣

💸Crypto Mining

Statistics for the first 96 days of spot BTC-ETF trading

At current exchange rates:
🟩 531,000 BTC ≈ $32.6 billion- bought by all ETFs
🟥 305,000 BTC ≈ $18.7 bln - sold by Grayscale
🟧 86,400 BTC ≈ $5.3 billion - mined by miners

💸Crypto Mining

🔴28 employees entered #Google CEO’s office and threatened to stay there until Google canceled its $1.2 billion contract with the Israeli 🇮🇱government.

Google has FIRED all of them from job.

1Q24 earnings reports for Bitcoin and Ethereum

💸Crypto Mining

💡💡💡: Tesla $TSLA reveals none of their $711,050,000 worth of 🥇 Bitcoin was sold in Q1 2024.

💸Crypto Mining

📱The WhatsApp application is adding the feature of allowing files to be shared between users without the need for the Internet.

⬤ It will ask multiple connection owners to access networks and wireless networks as well.

⬤ Used experimentally like popular file apps like Zapya, ShareIt, etc.

💸Crypto Mining

Crypto speak: Funds are safu

“Funds are safu” is a popular crypto meme symbolizing the safety of funds in any project. The expression supposedly originated thanks to the Binance Secure Asset Fund for Users (SAFU), which insures traders.

In the midst of a crypto crisis, if you hold reliable assets, you can safely write “funds are safu!”

And it’s also a playful reference to the Asian pronunciation of the word safe.

💸Crypto Mining

Crypto speak: Reveal

“Reveal” is the process of discovering an NFT.

Here’s an example: Often, NFT collections are minted, where their individual NFTs all look the same initially but take on a unique form after a predetermined amount of time has elapsed.

Such reveal mechanics are popular in the NFT space and are often used in creative and original ways.

💸Crypto Mining

🙅 4 reasons from Consensys why ETH is not a security

📌 The SEC's historical position on Ethereum

In 2018, William Hinman, then director of the SEC's Division of Corporation Finance, voiced his position and pointed out that Ethereum is not considered a security.

"Putting aside the fundraising that accompanied the creation of [Ethereum], based on my understanding of the current state of [Ethereum], the Ethereum network and its decentralized structure, the current offers and sales of [Ethereum] are not securities transactions"

📌 CFTC Classification as a Commodity

The Commodity Futures Trading Commission (CFTC), another regulatory body in the US, has consistently recognized Ethereum as a commodity. And recently, the CFTC finally classified Ethereum as a commodity .

📌 Decentralization and Open Protocol

The essence of the whole ETH architecture lies on decentralization. Whereas, securities are managed by a central authority.

📌 Non-existence of a shift in the consensus mechanism

The recent shift of ETH from PoW to PoS, has been cited by the SEC as a potential cause of reclassification. However, this transition had no effect on Ethereum's basis of operation or classification.

For SEC, the weight of arguments sometimes doesn't matter, the main thing is to file a lawsuit, make money on fines and fill the coffers 😁

💸Crypto Mining

💡💡💡: BlackRock hosts 🥇Bitcoin investing conference with industry leaders at its headquarters.

💸Crypto Mining

Crypto speak: Doxxed

In the cryptocurrency world, the term “fully doxxed” means that a person’s identity in the real world has been revealed publicly, either through a leak of personal information or intentional distribution. Depending on the individual or project, this issue is a point of contention, as many people use cryptocurrencies to remain anonymous.

The term “doxxed” comes from the word “docs,” which is short for “documents.”

However, sometimes, doxxed can also be used positively—e.g., when discussing the founders of an NFT collection. If the founders of an NFT project are doxxed, it’s a good thing because it means that anyone can get to know their story and background, which adds to the transparency of the NFT collection.

💸Crypto Mining

📊Coinglass: BTC returns by month (2013 - 2024)

- Bitcoin broke its record series of green monthly candles and lost 14.7% in April.

- For the past 3 years, May has been a "red" month for BTC.

Let's place our bets, how will May close?

🐳 - There will be growth

👍 - Virtually no change in price

🗿 - We'll go down

💸Crypto Mining

Yesterday, outflows from spot Bitcoin-ETFs reached an all-time record of $564 million.

BlackRock recorded an outflow of $36.9 million for the first time since the launch of its BTC-ETF.

💸Crypto Mining

BTC-e co-founder pleads guilty to conspiracy to launder $9 bln

On May 3, 2024, Alexander Vinnik, a Russian citizen and co-founder of the cryptocurrency exchange BTC-e, pleaded guilty to conspiracy to launder money.

According to court documents, Vinnik was the operator of BTC-e - at the time one of the world's largest crypto exchanges. From its inception in 2011 until it was shut down by law enforcement in July 2017, the platform processed more than $9 billion in transactions. BTC-e reportedly served more than 1 million customers worldwide, including United States citizens.

The statement said that cybercriminals used BTC-e to transfer, launder, and store funds derived from illicit activities. The exchange received transfers linked to numerous hacking attacks, identity theft, the use of ransomware and other criminal schemes.

💸Crypto Mining

📅 Exactly 10 years ago, Charles Munger, Warren Buffett's closest associate, called Bitcoin rat poison - the price of BTC was $425 at the time.

Charles Munger is dead, and Bitcoin is worth $63,000.

💸Crypto Mining

Crypto speak: (3,3)

“(3,3)” refers to game theory. It is a positive outcome for both parties. It is more beneficial for the parties to cooperate with each other instead of competing, with both getting the maximum benefit (-3,-3).

The meme appeared in Olympus DAO to visualize the benefits of OHM token steaking. It was later used by other protocols, replacing (3,3) with an emoji like (🌳,🌳).

💸Crypto Mining