BREAKING NEWS 🗞️ Central Bank of Nigeria lifts restriction | Okato on Binance Square

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BREAKING NEWS 🗞️
Central Bank of Nigeria lifts restrictions on banks from facilitating crypto transactions.

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JUST IN: There are reports from the United States 🇺🇸 that X (formerly twitter) has acquired a money transmitter license across a total of ten U.S. states. This may be part of the reason for the recent uptrend in $DOGE. Do you think @Elon Musk will be integrating #CryptoPayments on the X platform?

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US Presidential Candidates To Discuss Digital Assets in “Stand With Crypto” Forum Cryptocurrency exchange #coinbase has launched the "Stand With Crypto" campaign with the goal of convening candidates for the 2024 United States #PresidentialElection election to engage in discussions about blockchain technology and digital assets. As of December 4, the campaign's website indicates the involvement of Republican candidates Asa Hutchinson and Vivek Ramaswamy, along with Democratic candidate Dean Phillips, in a live event scheduled for December 11 in New Hampshire. The forum will delve into diverse topics related to digital assets. Other candidates invited to participate encompass former President Donald Trump, independent candidate Robert F. Kennedy Jr., and Republicans Doug Burgum, Nikki Haley, Ron DeSantis, and Chris Christie. According to opinion polls, there's a strong likelihood that President Biden will contend against Trump in the #2024election, with the former president holding a double-digit lead against DeSantis, Haley, and Ramaswamy, ranging from 5% to 13%. A recent Quinnipiac poll depicted Kennedy Jr., an independent candidate with pro-crypto views, at 22%, competing against both Trump and President Biden. The influence of the December 11 forum, occurring a mere month before the primary, on voters' focus on crypto remains uncertain. Candidates such as Kennedy Jr. and Ramaswamy have placed emphasis on digital assets in their campaigns, whereas Biden and Trump seldom address crypto and blockchain matters in public discussions. #Biden #Trump #USelection

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A clumsy crypto user accidentally paid a huge transaction fee, shattering digital records in the process. A user on X (formerly Twitter) named "83_5BTC" claimed to be the victim of the $3 million fee, stating that their wallet was hacked. After creating a new cold wallet and transferring 139 BTC to it, the funds were immediately transferred out. While the user provided a signed message to prove ownership, it is unsure whether the attacker signed it using the compromised wallet. As per Mononaut, an anonymous developer, the hack's probable cause was a low-entropy wallet susceptible to attacks. The speculation is that replace-by-fee (RBF) was employed to swiftly boost the transaction fee for expedited processing. Mononaut suggests that multiple attackers might have vied to pilfer the funds, leading to the elevated fee. AntPool, a #Bitcoin mining pool, has committed to refunding the unprecedented $3 million transaction fee it mined last week. However, the refund is contingent upon verifying the owner's identity. Temporarily frozen by the pool's risk control system, AntPool has instructed the original owner to confirm their identity before December 10, 2023, using a signing tool such as Electrum or Bitcoin Core and sending the signed text to the provided support email address. Last week's transaction established a new milestone, marking the highest fee in U.S. dollars for a single Bitcoin transaction. The user, aiming to transfer 55.77 $BTC ($2.1 million), inadvertently paid a fee of 83.65 $BTC ($3.1 million). AntPool mined this transaction in block 818,087, and their public commentary on the matter was absent until now.A clumsy crypto user accidentally paid a huge transaction fee and shatter digital records in the process

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ELON MUSK GAVE CHATGPT'S PARENT COMPANY ITS NAME @Elon Musk bestowed the name #OpenAI, deriving it from "open source." Expressing disappointment, he noted the company has deviated from its original open-source principles, transforming into a profit-driven, closed-source entity.

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WHAT DATES IN DECEMBER 2023 WILL BE MOVING THE MARKET? 📌 US ISM Services Purchasing Managers’ Index (PMI) When? Friday, 1 December Relevance? The US ISM Services PMI measures the health of the American services sector, which includes industries like healthcare, retail, and hospitality. Investors pay close attention to these numbers because the services sector makes up a significant portion of the US economy. ------ 📌 US unemployment rate and non-farm payrolls When? Friday, 8 December Relevance? US unemployment numbers serve as a critical indicator of the overall health of the US economy. ------ 📌 US inflation rate numbers When? Tuesday, 12 December Relevance? The inflation rate in the US will decide the Fed’s plans with interest rates. High inflation may call for further rate hikes, while signs of inflation slowing may lead to a pause or even a decrease in interest rates. ------ 📌 Federal Reserve Bank interest rate decision When? Wednesday, 13 December Relevance? Financial markets often react sensitively to interest rate decisions. Lower interest rates can stimulate economic activity and boost stock markets, while higher rates can have the opposite effect. $BTC $ETH $XRP #MarketWatch2023 #MarketDynamics #FederalReserve #inflation #PMI

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