💎 TON Developers Introduce Gasless Payments
🧑💻The TON development team and the creators of the Tonkeeper wallet have implemented the new W5 smart wallet standard for cryptocurrency wallets supporting the TON blockchain.
👀 This will allow the transfer of tokens within the TON network without the need to hold Toncoin in the wallet for gas payments. In other words, fees for transfers in USDT or NOT can be paid with these same tokens.
It has been reported that support for the new standard will soon be added to the TON Space and MyTonWallet wallets as well.
🧑💻The TON development team and the creators of the Tonkeeper wallet have implemented the new W5 smart wallet standard for cryptocurrency wallets supporting the TON blockchain.
👀 This will allow the transfer of tokens within the TON network without the need to hold Toncoin in the wallet for gas payments. In other words, fees for transfers in USDT or NOT can be paid with these same tokens.
It has been reported that support for the new standard will soon be added to the TON Space and MyTonWallet wallets as well.
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Ethereum worth ~$288 million moved for the first time in seven years
💲 On July 25, an address likely associated with the Ethereum Foundation (EF) transferred 92,500 ETH worth about $287.7 million after seven years of inactivity.
In response to speculation about the involvement of the non-profit organization in the transactions, EthHub co-founder Eric Conner stated that it is most likely an early participant. 🐳
🔎 According to the Arkham platform, on September 1, 2015, the organization moved 96,474 ETH. From the new address, the funds were sent to an unmarked wallet seven years ago, which remained almost inactive all this time.
👀 Conner believes that the 2015 transaction was the initial transfer of EF assets to an investor. There were many such operations at that time, he added.
Comments noted that ETH was worth $1.35 at that time, and the entire amount slightly exceeded $100,000. 💰🚀
💲 On July 25, an address likely associated with the Ethereum Foundation (EF) transferred 92,500 ETH worth about $287.7 million after seven years of inactivity.
In response to speculation about the involvement of the non-profit organization in the transactions, EthHub co-founder Eric Conner stated that it is most likely an early participant. 🐳
🔎 According to the Arkham platform, on September 1, 2015, the organization moved 96,474 ETH. From the new address, the funds were sent to an unmarked wallet seven years ago, which remained almost inactive all this time.
👀 Conner believes that the 2015 transaction was the initial transfer of EF assets to an investor. There were many such operations at that time, he added.
Comments noted that ETH was worth $1.35 at that time, and the entire amount slightly exceeded $100,000. 💰🚀
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Peter Schiff has come up with a new narrative for gold: it’s a more secretive asset than BTC because gold conferences are attended by far fewer people. 🤣🤣🤣
Just yesterday, Peter Schiff, who has repeatedly criticized Bitcoin, made a new statement about the first cryptocurrency. He warned that Bitcoin is on the brink of a deep recession due to the stock market decline.
He’s made similar statements dozens of times; it's getting boring already... 🥱
"Some guy at the #Bitcoin Conference just said that Bitcoin is the world's best kept secret. Pumpers have to at least make their lies believable. Almost everyone knows about Bitcoin. There are 20K people at that conference. The biggest annual #gold conferences attracts around 500."
Just yesterday, Peter Schiff, who has repeatedly criticized Bitcoin, made a new statement about the first cryptocurrency. He warned that Bitcoin is on the brink of a deep recession due to the stock market decline.
He’s made similar statements dozens of times; it's getting boring already... 🥱
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Crypto soothsayer
VanEck has published basic, bearish, and bullish scenarios for Bitcoin's price in 2050. The range is incredibly wide! Just take a look: the bullish price is $52,386 million per BTC 🙀, while the bearish price is "only" $130 thousand. In the basic scenario…
🐂 Michael Saylor's bullish forecast for 2045 is $49 million per BTC.
While according to VanEck's bullish scenario, Bitcoin will be worth $52 million in 2050, Michael Saylor is clearly more optimistic.
🧸 His bearish forecast is $3 million, and in VanEck's bearish scenario, Bitcoin could be worth just $130,000 in 2050. Or maybe digital gold will just go through a deep correction? 😁
While according to VanEck's bullish scenario, Bitcoin will be worth $52 million in 2050, Michael Saylor is clearly more optimistic.
🧸 His bearish forecast is $3 million, and in VanEck's bearish scenario, Bitcoin could be worth just $130,000 in 2050. Or maybe digital gold will just go through a deep correction? 😁
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Release Date for Changpeng Zhao Announced
👀 Contrary to the expectations of some community members, Binance founder and former CEO Changpeng Zhao (CZ) will not be released in August.
Some mistakenly reported a specific release date for the entrepreneur—August 30—based on the fact that on April 30, a court in Seattle (USA) sentenced Zhao to four months in prison. 🧐
In reality, Zhao began serving his sentence in late May at the federal prison in Lompoc, California, as his lawyers ensured he had a few extra weeks of freedom, fully justifying their hefty fees.
Data from the Federal Bureau of Prisons shows that CZ is set to be released on September 29. This will happen if nothing changes. 🤷
👀 Contrary to the expectations of some community members, Binance founder and former CEO Changpeng Zhao (CZ) will not be released in August.
Some mistakenly reported a specific release date for the entrepreneur—August 30—based on the fact that on April 30, a court in Seattle (USA) sentenced Zhao to four months in prison. 🧐
In reality, Zhao began serving his sentence in late May at the federal prison in Lompoc, California, as his lawyers ensured he had a few extra weeks of freedom, fully justifying their hefty fees.
Data from the Federal Bureau of Prisons shows that CZ is set to be released on September 29. This will happen if nothing changes. 🤷
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🔒 Former Huobi Employees Stole Over 40,000 Private Keys
🧑💻 Four former employees of the cryptocurrency exchange Huobi implanted trojans into client wallets and stole over 40,000 seed phrases and private keys, according to Colin Wu.
👀 In early March 2023, Zhang, Dong, and Liu added a backdoor program to the wallet software, gaining access to more than 19,000 crypto addresses. The exact amount of stolen assets is not disclosed. In April 2024, the court sentenced them to three years in prison and fined them 30,000 yuan (over $4,000).
🤷 Another former Huobi employee, Zhang Mouyi, also embedded a backdoor in the wallet’s source code, stealing over 6,400 private keys and seed phrases since July 2021. He received three years in prison and a 50,000 yuan (~$7,000) fine. Huobi collaborated with the Shanghai Public Security Bureau in investigating the incident.
It’s worth noting that in November 2023, there was a $110 million hack of HTX and Heco Bridge.
🧑💻 Four former employees of the cryptocurrency exchange Huobi implanted trojans into client wallets and stole over 40,000 seed phrases and private keys, according to Colin Wu.
👀 In early March 2023, Zhang, Dong, and Liu added a backdoor program to the wallet software, gaining access to more than 19,000 crypto addresses. The exact amount of stolen assets is not disclosed. In April 2024, the court sentenced them to three years in prison and fined them 30,000 yuan (over $4,000).
🤷 Another former Huobi employee, Zhang Mouyi, also embedded a backdoor in the wallet’s source code, stealing over 6,400 private keys and seed phrases since July 2021. He received three years in prison and a 50,000 yuan (~$7,000) fine. Huobi collaborated with the Shanghai Public Security Bureau in investigating the incident.
It’s worth noting that in November 2023, there was a $110 million hack of HTX and Heco Bridge.
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📈 Spot trading volume on DEX has set a new all-time high in relation to volumes on CEX, approaching 15%
The previous peak was reached in May 2023 (13.7%). 🧐
The previous peak was reached in May 2023 (13.7%). 🧐
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Crypto soothsayer
🐂 Michael Saylor's bullish forecast for 2045 is $49 million per BTC. While according to VanEck's bullish scenario, Bitcoin will be worth $52 million in 2050, Michael Saylor is clearly more optimistic. 🧸 His bearish forecast is $3 million, and in VanEck's…
🚀 Bitcoin's Market Capitalization in 2045 Compared to Gold's Capitalization 🙄
From Michael Saylor's slides at the Bitcoin Conference. ⬆️
Legendary crypto enthusiast Ansem (470,000 followers on X) believes that Michael Saylor "did 100 lines of coke before making that powerpoint slide" for his presentation at the Bitcoin Conference.🤣🤣🤣
From Michael Saylor's slides at the Bitcoin Conference. ⬆️
Legendary crypto enthusiast Ansem (470,000 followers on X) believes that Michael Saylor "did 100 lines of coke before making that powerpoint slide" for his presentation at the Bitcoin Conference.🤣🤣🤣
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🗝 Key points from Donald Trump's speech at Bitcoin 2024 conference:
🔹 The US must take the lead in the crypto industry, or China will.
🔹 On his first day in office, Trump will fire SEC Chairman Gary Gensler.
🔹 A Bitcoin and cryptocurrency advisory board will be created.
🔹 Confiscated bitcoins (213k BTC) will not be sold but will form a strategic reserve for the US.
🔹 Trump will ease the sentence for Silk Road founder Ross Ulbricht.
🔹 He will oppose the creation of a Central Bank Digital Currency (CBDC).
🔹 Despite previous statements, Trump now says that Bitcoin does not threaten the dollar.
The market reacted very positively to Donald Trump's speech and the price of Bitcoin jumped to $69,800. 📈💰
🔹 The US must take the lead in the crypto industry, or China will.
🔹 On his first day in office, Trump will fire SEC Chairman Gary Gensler.
🔹 A Bitcoin and cryptocurrency advisory board will be created.
🔹 Confiscated bitcoins (213k BTC) will not be sold but will form a strategic reserve for the US.
🔹 Trump will ease the sentence for Silk Road founder Ross Ulbricht.
🔹 He will oppose the creation of a Central Bank Digital Currency (CBDC).
🔹 Despite previous statements, Trump now says that Bitcoin does not threaten the dollar.
The market reacted very positively to Donald Trump's speech and the price of Bitcoin jumped to $69,800. 📈💰
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Exactly 14 years ago on this day, Satoshi Nakamoto wrote a legendary phrase on the Bitcointalk forum:
📝 This statement was made during the early days of Bitcoin's development when Satoshi was actively engaging with the community to explain the concept and mechanics of Bitcoin.
The message reflects Satoshi's firm belief in the revolutionary potential of Bitcoin and the frustration with skeptics who didn't grasp the vision. 🚀
This phrase has since become iconic, symbolizing the unwavering conviction of Bitcoin's creator in the face of doubt and criticism.
"If you don't believe me, or don't understand, I don't have the time to try to convince you, sorry."
📝 This statement was made during the early days of Bitcoin's development when Satoshi was actively engaging with the community to explain the concept and mechanics of Bitcoin.
The message reflects Satoshi's firm belief in the revolutionary potential of Bitcoin and the frustration with skeptics who didn't grasp the vision. 🚀
This phrase has since become iconic, symbolizing the unwavering conviction of Bitcoin's creator in the face of doubt and criticism.
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Is it time for a new Bitcoin ATH?
👀 Investor and Okse co-founder, known on Twitter as Elja, believes so. He stated that Bitcoin's post-halving consolidation is "practically over."
Previously, Standard Chartered predicted that Bitcoin could reach a new all-time high in August and then rise to $100,000 by the U.S. presidential election in November. 🚀
Do we believe it? Yes - 🔥
August has always been slow for crypto growth, the new ATH will be in September. - 👍
We're being fooled, the bull market is already over. - 👎
👀 Investor and Okse co-founder, known on Twitter as Elja, believes so. He stated that Bitcoin's post-halving consolidation is "practically over."
Previously, Standard Chartered predicted that Bitcoin could reach a new all-time high in August and then rise to $100,000 by the U.S. presidential election in November. 🚀
Do we believe it? Yes - 🔥
August has always been slow for crypto growth, the new ATH will be in September. - 👍
We're being fooled, the bull market is already over. - 👎
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🐳 Another ancient Bitcoin wallet containing a fortune (by today's standards) has awakened from its slumber.
The funds hadn't moved for 12 years—since 2012!
And what's on it is no small amount—37 BTC (worth $2.5 million at today's rate). Back in 2012, it was only $476! 🙀
Now that's what I call willpower! 💪
The funds hadn't moved for 12 years—since 2012!
And what's on it is no small amount—37 BTC (worth $2.5 million at today's rate). Back in 2012, it was only $476! 🙀
Now that's what I call willpower! 💪
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🚀 Mempool has launched a Bitcoin transaction acceleration service!
🧑💻The Mempool team introduced an off-chain Bitcoin transaction acceleration service through partnerships with mining pools. This service is especially useful during sudden changes in fees.
They collaborate with Foundry USA Pool, MARA Pool, SBICrypto, SpiderPool, and Ocean Pool, covering ~40% of the hashrate. 🧐
Users will need to pay an additional fee for mining and service to confirm "stuck" transfers via Mempool Accelerator.
👀 Here's how it works:
1. Search for the transaction on mempool.space.
2. Select the acceleration option.
3. Pay with Bitcoin via Lightning Network (LN) or fiat through Cash App, Apple Pay, or Google Pay without registration.
Mempool sends a request to partners who decide on acceleration based on the new fee rate. The transaction isn’t replaced but given higher priority, increasing its chances of validation in the next block. ⏳
🧑💻The Mempool team introduced an off-chain Bitcoin transaction acceleration service through partnerships with mining pools. This service is especially useful during sudden changes in fees.
They collaborate with Foundry USA Pool, MARA Pool, SBICrypto, SpiderPool, and Ocean Pool, covering ~40% of the hashrate. 🧐
Users will need to pay an additional fee for mining and service to confirm "stuck" transfers via Mempool Accelerator.
👀 Here's how it works:
1. Search for the transaction on mempool.space.
2. Select the acceleration option.
3. Pay with Bitcoin via Lightning Network (LN) or fiat through Cash App, Apple Pay, or Google Pay without registration.
Mempool sends a request to partners who decide on acceleration based on the new fee rate. The transaction isn’t replaced but given higher priority, increasing its chances of validation in the next block. ⏳
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Indian exchange WazirX seeks Binance's help after a $230 million hack. 🧐
Binance holds WRX tokens worth $80 million and controls the company's additional revenue. 💰
The exchange also announced a controversial plan to "socialize" the losses among all users.
👀 The company plans to return only 55% of users' assets, while the remaining 45% will be locked. This will affect even those whose assets were not stolen. 🤷
Binance holds WRX tokens worth $80 million and controls the company's additional revenue. 💰
The exchange also announced a controversial plan to "socialize" the losses among all users.
👀 The company plans to return only 55% of users' assets, while the remaining 45% will be locked. This will affect even those whose assets were not stolen. 🤷
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Bitcoin Miners Start New Accumulation Phase for Potential Growth 📈
🔎 According to CryptoQuant, the seven-day moving average of coin inflows to miner-affiliated wallets has sharply increased. Over the past week, more than 1900 BTC (~$132.5 million) have been sent to these addresses.
🔨 Mining companies are likely entering a new phase of Bitcoin accumulation to benefit from the potential rise in asset value, according to BRN analyst Valentin Fournier.
📝 Fournier states that besides mining rewards, major players seem to be purchasing Bitcoin directly from the market to increase their reserves.
- he added.
This behavior shows confidence in Bitcoin's long-term prospects. 🚀
🔎 According to CryptoQuant, the seven-day moving average of coin inflows to miner-affiliated wallets has sharply increased. Over the past week, more than 1900 BTC (~$132.5 million) have been sent to these addresses.
🔨 Mining companies are likely entering a new phase of Bitcoin accumulation to benefit from the potential rise in asset value, according to BRN analyst Valentin Fournier.
📝 Fournier states that besides mining rewards, major players seem to be purchasing Bitcoin directly from the market to increase their reserves.
"They have triggered the Hash Ribbon signal, a long-term bullish indicator highlighting the end of miner capitulation and the increase of the processing power used to mine bitcoin,"
- he added.
This behavior shows confidence in Bitcoin's long-term prospects. 🚀
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🇺🇸 The U.S. government has transferred approximately 30K BTC ($2 billion) to new wallets.
👀 It is assumed that 10K BTC were sent to an institutional custodial service and are likely to be sold over-the-counter (OTC).
Earlier, Donald Trump stated that he would not sell confiscated bitcoins if he becomes president. 🤷
However, it might happen that he won’t have anything to deal with by the time of his election 😁 (which is not guaranteed, by the way).
📈 The market reacted very nervously to the news, with Bitcoin's price even breaking the $66K level. Currently, digital gold is trading at $66,800.
👀 It is assumed that 10K BTC were sent to an institutional custodial service and are likely to be sold over-the-counter (OTC).
Earlier, Donald Trump stated that he would not sell confiscated bitcoins if he becomes president. 🤷
However, it might happen that he won’t have anything to deal with by the time of his election 😁 (which is not guaranteed, by the way).
📈 The market reacted very nervously to the news, with Bitcoin's price even breaking the $66K level. Currently, digital gold is trading at $66,800.
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Heather Morgan, infamous for her role in the 2016 Bitfinex hack, was recently spotted at Bitcoin Conference 2024 in Nashville. 🤷
👀 Known as "Razzlekhan," Morgan pleaded guilty to the hack, which stole 120,000 BTC, but is free on bail awaiting her sentencing in November 2024.
Her presence at crypto events has raised eyebrows and sparked controversy within the community. 🧐
Some suspect she might be using her social engineering skills for government gain, while others argue her attendance conflicts with Bitcoin's ethos of inclusivity.
Bitcoin developer Jameson Lopp has called for her exclusion, citing security concerns. The debate highlights tensions between community openness and the need to safeguard events from potential threats. 🤔
👀 Known as "Razzlekhan," Morgan pleaded guilty to the hack, which stole 120,000 BTC, but is free on bail awaiting her sentencing in November 2024.
Her presence at crypto events has raised eyebrows and sparked controversy within the community. 🧐
Some suspect she might be using her social engineering skills for government gain, while others argue her attendance conflicts with Bitcoin's ethos of inclusivity.
Bitcoin developer Jameson Lopp has called for her exclusion, citing security concerns. The debate highlights tensions between community openness and the need to safeguard events from potential threats. 🤔
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Durov posted on his Telegram that he has over 100 children in 12 different countries! 🙀
👀 He even mentioned the clinic where they can be found. He also plans to make his DNA "deanon". He calls on all healthy men to get involved and help families who can't have children! 🤪
You guys are tapping the wrong tapper 🤣
👀 He even mentioned the clinic where they can be found. He also plans to make his DNA "deanon". He calls on all healthy men to get involved and help families who can't have children! 🤪
You guys are tapping the wrong tapper 🤣
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Today Ethereum is celebrating its ninth birthday! 🎉
This was reminded to us by Ethereum founder Vitalik Buterin on his X/Twitter profile.
What a modest guy! Try to find him in the photo; I bet it won’t be easy 😁
This was reminded to us by Ethereum founder Vitalik Buterin on his X/Twitter profile.
What a modest guy! Try to find him in the photo; I bet it won’t be easy 😁
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