â«ïž The US House of Rep' Committee just passed the 'Keep Your Coins Act of 2023' đ„
đžïžThis protects your right to self-custody your crypto. It's a massive win for the community & a step forward to acknowledge it.
đžïžBut what is self-custody? It allows you to hold your own$BTC & crypto directly, without needing a bank or exchange.
đžïžWhy is this important? Well, it's all about financial sovereignty, crypto was born out of the desire to take control of our own money. This act underpins this freedom.
đžïžThe US isn't alone in this! Other countries in đȘđș have also recognized the right to self-custody. It's a global trend that's gaining đ
âŸïžThis is a milestone the crypto world 𧱠It's recognition, respect, and a step towards mass adoption.
2/ Pourtant, la đ«đ· n'est pas le pays d'đȘđș avec le plus fort taux d'adoption des cryptos. La culture d'investissement des Français est encore en train de mĂ»rir. Mais l'industrie comprend que ces technologies sont cruciales.
An independent #bitcoin miner has just made a significant breakthrough, mining block 803,821 and earning a whopping 6.25 $BTC in reward! đ„
Who said solo mining was dead? đ€
Here's what happened:
The miner, tagged bc1q2za4ejga366sn288273pty8rasn5zs4y9hqg6, pulled off this feat using the Solo CKpool mining service. This makes them the 277th solo miner in Bitcoin's history to solve a block - an event that typically happens only once every seven years!
The Solo CKpool is a platform for miners with "old/inefficient miners that will never earn any rewards through regular mining that wish to leave it mining as a lottery".
This is the third time this year that a solo miner using the Solo CKpool has processed a block.
What's really impressive is that this miner was likely using an S17 Bitcoin Miner with a hash power of only 1 PetaHash.
To put that in perspective, most BTC miners operate in exahashes, making this feat even more remarkable!
Meanwhile, BTC's mining hash rate has seen an increase over the past week despite the asset's price struggles.
Data shows that Bitcoin's hashrate rose to a new high of 414 EH/s on August 18 before dropping to its current level of 410.0 EH/s.
However, this increase in hashrate isn't all good news.
This could hit profitability next week when the mining difficulty changes, especially for miners in Texas facing rising energy prices.
It's expected to lead to a 7% rise in mining difficulty, according to Bitrawr.
The takeaway?
Solo mining isn't dead, and with the right tools and a bit of luck, smaller operations can still hit the jackpot.
But with increasing difficulty levels and cost challenges, the landscape for miners is getting more complex.
Stay tuned for more updates and let's keep supporting the solo miners out there!
After all, they're the ones keeping the spirit of decentralisation alive.
They've got some concerns about financial security and privacy.
Want to know what's really going on? Let's dive in:
THREAD đ§”
Kenya's Ministry of the Interior is the first to suspend Worldcoin's operations.
They're worried about the project's legitimacy and how it handles data.
Now, they're investigating.
Worldcoin's mission is bold: a global ID system using iris scans. With AI's growing role in our lives, this could be a game-changer. But, their methods of data collection has raised eyebrows. #Worldcoin
In particular, Worldcoin's tactics in developing countries have drawn criticism. Some are even calling it exploitation. European regulators are already on it, but Kenya's taking a firmer stand.
Despite the suspension, the $WLD tokens given to participants who've had iris scans have seen a 4.8% rise, trading at $2.41 on crypto exchanges.
Talk about a plot twist!
Kenya's Capital Markets Authority (CMA) has also chimed in.
They've clarified that they don't currently oversee Worldcoin or its tokens and have warned about potential scams in the crypto market.
But, they're not shutting the door on Worldcoin.
The CMA has expressed willingness to work with the project through its regulatory sandbox.
Stay tuned for more updates on the #Worldcoin saga.
Ever wondered what Trust Wallet is all about? Well, it's a user-controlled, decentralized crypto wallet with a big mission: Making Crypto More Accessible.
Let's dive into the details:
THREAD đ§”
First off, Trust Wallet is all about putting YOU in control. Only you hold the keys to your crypto wallet. Plus, it doesn't keep any personal info. Pretty neat for privacy, right? đ”ïžââïž
Here's another cool feature: Trust Wallet has access to DApps. Centralized wallets can't do that! So, if you're into decentralized apps, this could be your go-to wallet. đ±
But how does Trust Wallet work? It's like a bridge connecting you to different blockchains via their nodes. It doesn't hold any crypto, but gives you access and helps you manage your addresses. đ±
Guess what? You can even buy Crypto with Trust Wallet! They've partnered with providers to allow you to buy crypto with your credit cards.
And no, they don't collect your personal info. đł
Wanna cash out from Trust Wallet? You can't convert crypto to fiat directly.
But you can send your crypto to an exchange, like #Binance đ
Remember, these are your assets. Manage them wisely. đ°
Worried about security? Trust Wallet has got you covered. It uses industry-standard encryption to secure your wallet and recovery phrase. So, your funds are secure. đ
Remember: You are in control of your private keys with Trust Wallet.
And for better security, follow the 3 steps to protect your Crypto Wallet.
World Economic Forum (WEF) says a CBDC đȘđș Euro âcan help safeguard public money in the face of a surge in cryptocurrencies like #bitcoin "đđ€
âïž Sei is unlocking a new era of digital assets, bringing the fastest Layer 1 blockchain to the industry. It's not just a gamechanger, it's a whole new game. âïž#crypto2023
Here's why:
THREAD đ§”
đž Sei is the Usain Bolt of blockchains. With 500ms Transaction Finality and a whopping 20,000 Orders per Second, it's built for speed.
Plus, it's already trusted by world-class operators and investors.
đž Security is at the heart of Sei. It's secured by some of the biggest institutions globally, prioritizing safety above all else. It's a security-first approach that's hard to beat.
đž Sei's user-centric focus is a game-changer.
It's open-source, offers native frontrunning protection, interoperability, and multiple levels of transaction bundling. It's built with users in mind.
đž Comparing Sei with other blockchains like Bitcoin, Ethereum, and Solana, Sei outperforms in transactional throughput, finality, and frontrunning prevention. It's the leader of the pack.
đž Whoâs building on Sei?
Heavyweights like Axelar, Pyth, Sushi, Kargo, and Nitro. They're leveraging Sei's superior infrastructure to build the next generation of apps.
đž Sei is not just built for the present, but for the future. It's engineered to evolve, capable of scaling to support the largest apps in the world and adapting as the industry progresses.
đž Sei is unlocking new possibilities for Web3 applications, combining optimizations to enable digital ownership.
It's not just a blockchain; it's a new design space.
đž What's more? Sei is carbon neutral.
Leveraging proof of stake and other innovations, Sei is committed to a more energy-efficient digital assets industry.
đž Sei is making news! Bloomberg, TechCrunch, and Fortune are all talking about Sei's impressive performance. It's the buzz of the blockchain world.
âŠïž Sei is here to empower the next generation of developers and creators.
It's not just a blockchain; it's a revolution. đ