Today #Tether announces the ending of the support of 3 blockchains $USDt: OmniLayer, BCH-SLP and Kusama.
Customers will be able to continue to redeem and swap $USDt tokens (to another of the many supported blockchains), but Tether won't issue any new additional $USDt on those 3 blockchains.
This decision pains our hearths especially in reguards to the Omni Layer, Tether $USDt initial transport layer back in 2014.
Over the years, the Omni Layer faced challenges due to the lack of popular tokens and the availability of $USDt on other blockchains. This led many exchanges to favor alternative transport layers, leading to a decline in $USDt usage on #Bitcoin using the Omni Layer.
As a principled organization, we must remain consistent and transparent, and adhere to open processes, even if it entails difficult choices.
Yet we want to emphasize that Tether's team is rooted in the belief of leveraging the most secure, audited, and decentralized blockchain ever built: #Bitcoin .
In fact, we are actively contributing to developing RGB, alongside to @bitfinex and Fulgur Ventures, a client-side validated state and smart contracts system operating on Layer 2 and 3 of the Bitcoin ecosystem.
RGB has been postulated and boostrapped by @peterktodd and @giacomozucco
You can find more info here: https://rgb.info
RGB functions both on-chain (Bitcoin L1) and on the Lightning Network β‘οΈ, promising unparalleled scalability. We firmly believe that RGB will usher in a new era for digital assets, smart contracts, and digital rights, garnering comprehensive support from major players in our industry. Once $USDt on RGB goes live, the world will witness $USDt on another super-powerful and scalable #Bitcoin layer.
If you didn't take a look at RGB yet, I strongly recommend you to do it.
It's community driven, fully open source, developed and maintaned by super talented minds.
RGB does not require any other token.
Simply secured by #Bitcoin built by bitcoiners β₯οΈ
Thanks
- Paolo Ardoino
https://twitter.com/paoloardoino/status/1692154723875328228
Customers will be able to continue to redeem and swap $USDt tokens (to another of the many supported blockchains), but Tether won't issue any new additional $USDt on those 3 blockchains.
This decision pains our hearths especially in reguards to the Omni Layer, Tether $USDt initial transport layer back in 2014.
Over the years, the Omni Layer faced challenges due to the lack of popular tokens and the availability of $USDt on other blockchains. This led many exchanges to favor alternative transport layers, leading to a decline in $USDt usage on #Bitcoin using the Omni Layer.
As a principled organization, we must remain consistent and transparent, and adhere to open processes, even if it entails difficult choices.
Yet we want to emphasize that Tether's team is rooted in the belief of leveraging the most secure, audited, and decentralized blockchain ever built: #Bitcoin .
In fact, we are actively contributing to developing RGB, alongside to @bitfinex and Fulgur Ventures, a client-side validated state and smart contracts system operating on Layer 2 and 3 of the Bitcoin ecosystem.
RGB has been postulated and boostrapped by @peterktodd and @giacomozucco
You can find more info here: https://rgb.info
RGB functions both on-chain (Bitcoin L1) and on the Lightning Network β‘οΈ, promising unparalleled scalability. We firmly believe that RGB will usher in a new era for digital assets, smart contracts, and digital rights, garnering comprehensive support from major players in our industry. Once $USDt on RGB goes live, the world will witness $USDt on another super-powerful and scalable #Bitcoin layer.
If you didn't take a look at RGB yet, I strongly recommend you to do it.
It's community driven, fully open source, developed and maintaned by super talented minds.
RGB does not require any other token.
Simply secured by #Bitcoin built by bitcoiners β₯οΈ
Thanks
- Paolo Ardoino
https://twitter.com/paoloardoino/status/1692154723875328228
RGB
Home
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with RGB Protocol
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with RGB Protocol
Scalable. Private. Limitless. Redefine digital assets with next-gen smart contracts.
LEARNING HUB
BUILD ON RGB
USE RGB
β¦
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This week, The Bitcoin Podcast covers El Salvador's Bitcoin adoption, Javier Milei's win in Argentina, central bank issues, U.S. inflation, Nixon's gold standard decision, and a song on money's declining value.
https://www.btctimes.com/news/bitcoin-weekly-news-august-16th-2023
https://www.btctimes.com/news/bitcoin-weekly-news-august-16th-2023
BTC Times
Bitcoin Weekly News: August 16th, 2023
Listen to the audio version of this news roundup wherever you get your podcasts: https://bitcoinpodcast.net/podcast
Greetings and salutations my fellow plebs. My name is Walker and this is THE Bitcoin Podcast.
Itβs Wednesday, August 16th, 2023. At the timeβ¦
Greetings and salutations my fellow plebs. My name is Walker and this is THE Bitcoin Podcast.
Itβs Wednesday, August 16th, 2023. At the timeβ¦
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Custody firm, BitGo, has seen soaring growth with a 60% rise in clients and a 20% AUC boost while securing $100M Series C funding!
https://www.btctimes.com/news/bitgo-secures-100-million-in-series-c-funding-now-at-175-billion-valuation
https://www.btctimes.com/news/bitgo-secures-100-million-in-series-c-funding-now-at-175-billion-valuation
BTC Times
BitGo Secures $100 Million in Series C Funding Now at $1.75 Billion Valuation
BitGo, a Bitcoin and cryptocurrency custody firm, announced that it has secured $100 million in its Series C funding, bringing its total valuation to $1.75 billion.
These funds will be allocated to increase BitGo's global presence in offering secure, regulatedβ¦
These funds will be allocated to increase BitGo's global presence in offering secure, regulatedβ¦
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π Blockstream CEO expects an all-time high before the halving π
"I think it's possible that we get to a new all-time high like 100,000 or more even before the halving."
- Adam Back
"I think it's possible that we get to a new all-time high like 100,000 or more even before the halving."
- Adam Back
π40π€¬6β‘3β€2π2π€£2π―1
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π Peter Dunworth says Bitcoin could trade at a whooping 7 Billion USD π€―
Full interview: https://www.youtube.com/watch?v=MfRYwWCnxLQ
Full interview: https://www.youtube.com/watch?v=MfRYwWCnxLQ
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π¦π· Not a new video, but people in Argentina are melting their coins because the metal in them is worth more than the actual fiat currency πͺ
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π Alex Gladstein talks about his book Hidden Repression where he explains how the IMF and World Bank loot the developing world with debt colonialismβοΈ
"If the IMF and the World Bank, if they are supposed to benefit poor people (...) why are they funding this guy who totally impoverished his country?"
- Alex Gladstein
"If the IMF and the World Bank, if they are supposed to benefit poor people (...) why are they funding this guy who totally impoverished his country?"
- Alex Gladstein
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π Earlier today Kraken's CEO say he expects a Bitcoin ETF will be approve in the US π
"I am certain we will have a Bitcoin ETF in the US (...) I think it's possible this year."
- Dave Ripley
"I am certain we will have a Bitcoin ETF in the US (...) I think it's possible this year."
- Dave Ripley
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π JAN3's CEO explains that Bitcoin is a test of how much a political candidate stands for freedom π
"The ability to understand Bitcoin and to incorporate that into the campaign messaging and more importantly into the actual implementation of campaign promises is a test on how much that candidate stands for freedom."
- Samson Mow
"The ability to understand Bitcoin and to incorporate that into the campaign messaging and more importantly into the actual implementation of campaign promises is a test on how much that candidate stands for freedom."
- Samson Mow
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π Check out this amazing explanation of what money and Bitcoin are! πΊ
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Full credit to Tuttle Twins TV for creating this amazing show that teaches kids (and adults!) ideas of freedom and economics!
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