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🇸🇻El Salvador President Nayib Bukele started his second term today. •Nayib Bukele said that he will continue to receive 1 Bitcoin every day into the country's cold wallet.
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10 American superstars who went bankrupt from crypto. Cryptocurrencies and NFTs have gained great popularity in recent years. Many celebrities tried to keep up with these trends and launch their own initiatives. Unfortunately, not everything always goes smoothly. Some celebrities faced various penalties and reputational losses as a result of their attempts. 6ix9ine American new generation rapper 6ix9ine comes up with his unsuccessful #NFT initiative. The famous name launched an Ethereum-based NFT collection via the OpenSea marketplace in May 2022. Floyd Mayweather Only 1,687 people own Mayweather's "Floyds World", which launched his NFT collection with 9,935 different pieces in August 2021. Kim Kardashian Famous US media personality Kim #Kardashian , who is constantly on the agenda with her social life, had to pay huge fines because of an altcoin she supported. Snoop Dogg Legendary US rapper Snopp Dogg became another name that got into trouble by advertising the fraudulent crypto project. Shaquille O'Neal An NFT collection, co-owned and promoted by #Shaquille O'Neal, one of the most famous players in basketball history, with his son, disappointed investors. Lil Uzi Vert The value of the Eternal Beings NFT collection, which consists of avatars similar to the famous rap artist Lil Uzi Vert, is decreasing nowadays. Lana Rhoades Adult movie star Lana Rhoades is another name on the agenda with her unsuccessful NFT initiative. The collection called “Cryptosis”, which Rhoades launched through OpenSea in February 2022, consisted of 543 different pieces. DJ Khaled Palestinian-American DJ Khaled came to the fore in 2018 by advertising a fraudulent crypto project. Mila Kuins Famous American actress Mila Kuins was subjected to serious sanctions by the #SEC due to her NFT collection initiative called Stoner Cats. Ozzy Osbourne The NFT initiative called CryptoBlatz by Black Sabatth's former vocalist, famous music artist Ozzy Obsourne, failed due to hackers defrauding customers. $BTC
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$KIP is in #AI Was this photo made by #AI ? Yes or No
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🧙♂️On May 31, spot #Bitcoin ETFs recorded net inflows of $48 million. •#GBTC experienced an outflow of $124 million. •BlackRock's spot Bitcoin ETF (IBIT) saw inflows of $169 million. •#Fidelity ETF (FBTC) inflow was 6 million dollars. •#Bitcoin Spot ETFs have experienced inflows for 14 consecutive days.
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Vitalik Buterin Explained the Main Reasons for the Defeat of 'Big Blockchains' in the Bitcoin (BTC) Scaling War. Vitalik Buterin, creator of #Ethereum addressed the controversial “Bitcoin block size war” of the late 2010s in a recent blog post. Buterin, who once backed “big bloc” supporters, now concedes that the “small bloc” camp’s approach is more sustainable. This discussion centered on how Bitcoin should be scaled, updated, and managed; Supporters of large blocks were advocating hard-fork updates that would increase transaction capacity. However, Buterin thinks that big block supporters do not have the technical competence to effectively realize their vision and therefore fail to replace #Bitcoin . Buterin noted that the success of small-block promoters is partly due to their technical proficiency and fewer mistakes. He evaluated Jonathan Bier's book "The Blocksize War" from a small block perspective and Roger Ver's book "Hijacking Bitcoin" from a large block perspective. According to Buterin, various Bitcoin implementations proposed by big block supporters were flawed. For example, Bitcoin Classic was not well written and Bitcoin Unlimited was too complicated. Their reputations were also further damaged by the big bloc supporters' alliances with the now discredited Craig Wright. Despite the victory of small-block supporters, Bitcoin still faces ongoing challenges. Bitcoin Core developer Matt Corralo recently expressed concerns about Bitcoin's future as a peer-to-peer currency, noting the lack of effective scaling solutions without intermediaries. This has reignited discussions about soft fork proposals and the ultimate goals for Bitcoin's development. Buterin argues that the solution to these problems is new technology, not compromise. He highlighted technologies such as ZK-SNARKs, which he sees as a promising solution for both privacy and scaling; this technology was absent from historical accounts of the block size war. $ETH
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Independent Presidential Candidate Robert F. Kennedy Jr. Advocates for Trade Freedom Through Blockchain at Consensus 2024
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Franklin Templeton Ignites Ethereum ETF 'Fees War' by Announcing Fees for Its Proposed Spot Ether ETF Product
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Ethereum Poised to Break $4K Barrier in June Following Predicted Ether ETF Approvals and Whale Accumulation
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President Nayib Bukele Begins Second Term In El Salvador, Marking Five Years Since Becoming The First 'Bitcoin President'
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