A Bitcoin investor has lost $3.2 million after accidentally paying a fee of 83 Bitcoins. The fee was supposed to be 0.0000083 Bitcoins, but the investor accidentally entered the wrong number.
The investor has not yet been able to recover the funds. The Bitcoin network is very secure, and mistakes like this are very uncommon. $BTC
What is Bitcoin? And why is it worth anything? First, a little origin story. The Great Recession in 2008 led to millions of people losing their homes, jobs, and savings to the subprime mortgage crisis. This eroded the public's trust in traditional financial institutions and central banks. It was against this backdrop of disillusionment that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, launched a revolutionary concept in 2008. A peer -to -peer digital currency that could function without central authorities like banks. This is made possible thanks to blockchain technology. A blockchain is simply a digital record book or ledger. All transactions are publicly broadcasted on the blockchain and each transaction is cryptographically linked to the one before it in a chain -like sequence, hence the term blockchain
HISTORY OF MEMECOINS Memecoins in the recent past have been the talk of town. They have had a very deep history since 2013. Lets dig into this historic evolution and learn why memecoins are bigger than you think. From Dogecoin >Ethereum memecoins >Bsc memecoins >Sol memes > Ton memes. In the beginning of memecoins was #dogecoin. Dogecoin was created by Billy Markus and Jackson Palmer. They launched it in late 2013. It went from playful pup to crypto with its own bark!. It was named peoples "favourite cryptocurrency " by elonmusk (doge father) in 2020. Memecoins were becoming more and more popular. But there was trouble in paradise. Eth fees were becoming unbearable for many users. #Binance ceased the opportunity and launched their BSC chain. It was similar to ETH but with low fees therefore memecoin devs had it easy once again #ETH and #BSC chain was a heaven for meme coin developers. Other chains like polygon also joined the meme coin race. But again many of these chains are EVMs. The memecoin community is dynamic, they are interested in new developments and they like exploring. It was not long until solana was launched. Developers supported by celebrities started a memecoin launch spree on Solana blockchain. Solana is special because of its low fees and fast transactions with a block time of less than 3secs. Because of this it might go long-term. From history we learn that technology can be outdated and a new one is erected. What blockchain will host the next memecoin rally? My guess is that ton_blockchain will be the next paradise for memecoins. Low fees and a large community of telegram users will favour it. (NFA)🔅
Bitcoin's public ledger exposes every transaction, a turnoff for privacy-minded users. Bitcoin mixers offer a solution, claiming to anonymize your transactions. They work by pooling your bitcoins with others, then sending untraceable funds back to you.
While tempting for those seeking financial secrecy, there are downsides. Legality is murky, varying by region. Trusting a middleman with your crypto carries security risks. Mixers also charge fees, and their anonymity isn't perfect. Advanced tracking methods can still potentially expose your trail.
Bitcoin mixers offer a potential path to anonymity, but tread carefully. Weigh the risks, fees, and legality before taking the plunge. In the world of cryptocurrency, true invisibility remains elusive.
Jupiter is a core piece of Solana's DeFi ecosystem. It helps traders find the best prices on token swaps by searching multiple decentralized exchanges. It also offers its own cryptocurrency, the JUP token. JUP token holders help govern the Jupiter platform and get a share of trading fees. Why does Jupiter matter?
Solana is a fast and cheap blockchain, making Jupiter a great place for efficient trading. Jupiter increases available liquidity, leading to better prices for traders.
Why does Jupiter matter?
Solana is a fast and cheap blockchain, making Jupiter a great place for efficient trading. Jupiter increases available liquidity, leading to better prices for traders. What's next for Jupiter?
They plan to launch their own stablecoin called SUSD.
How to get involved;
Buy JUP on exchanges like Binance or Coinbase. Use Jupiter for token swaps and explore other DeFi opportunities on Solana. $JUP
Bitcoin Shatters Records, Surpassing Previous All-Time High
Bitcoin, the world's leading cryptocurrency, made history today by surpassing its previous all-time high (ATH). The surge in price demonstrates renewed investor confidence in the digital asset, fueling speculation about its continued rise in value.
Analysts attribute the price jump to factors including increased institutional adoption and growing recognition of Bitcoin as a potential hedge against inflation. This latest milestone solidifies Bitcoin's position as a major player in the global financial landscape.
While Bitcoin's future trajectory remains uncertain, this record-breaking achievement marks a significant moment in the evolution of cryptocurrency.$BTC