Find out the latest developments in the cryptocurrency market.
Bitcoin was not affected by the recent global cyber disaster.
the crash caused a 'blue screen of death' on Microsoft-powered systems.
Senator Cynthia Lummis emphasized bitcoin's resilience and strong infrastructure.
On Friday, computers around the world using Microsoft's operating system faced their worst nightmare, with many systems displaying a blue screen of death (BSOD), disrupting key services such as the London Stock Exchange, airlines, media companies and banks. However, #bitcoin (BTC) and other #blockchain networks were not affected despite the widespread disruptions.
Lummis, the junior senator from Wyoming since 2021, is also known as the "Queen of Cryptocurrency" for passing the bipartisan Responsible Financial Innovation Act to regulate the digital asset sector and is a staunch supporter of bitcoin (BTC). In a post on X (formerly Twitter) on Friday, Loomis emphasized the resilience of the world's largest #cryptocurrency in the face of global disruption, adding:
Do you know of any currency that wouldn't be affected by a massive cyber disaster? Bitcoin.
Lummis also wrote, "Vires in Numeris.
The Latin term meaning "strength in numbers" is often used as a catchphrase for Bitcoin, emphasizing its robust infrastructure and strength. Bitcoin is a cryptocurrency that uses a cipher made up of various sequences of numerical codes. Hence the term "strength in numbers.
Lumis criticized the Joe Biden administration's failure to pass sensible cryptocurrency legislation in the U. S. , despite key industry figures such as Uniswap founder Hayden Adams urging the current president to reconsider his stance on digital assets or risk losing the next election. The report states.
Read us at: Compass Investments