The world's first and largest cryptocurrency completes 16 years of significant appreciation and a revolution in the traditional financial market This Thursday, October 31st, the Bitcoin whitepaper completes 16 years.
"In just 16 years, Bitcoin has evolved from just an idea (whitepaper) to one of the most valuable assets in the world. The Bitcoin whitepaper details the project that emerged as a protest against the traditional financial system amid a major crisis in the United States. 16 years later, the cryptocurrency has given rise to many others in a trillion-dollar market that has already been adopted, including by the traditional financial market itself that motivated the “protest.”
Saylor’s Comments on Big Banks Keeping BTC Safe Are Insane, Says Buterin
MicroStrategy founder Michael Saylor's suggestion that crypto users should use major banks to hold Bitcoin has been called "insane" by Ethereum co-founder Vitalik Buterin, adding to growing backlash from the crypto community.
“I will happily say that I think Saylor's comments are pure insanity,” Buterin said in response to an Oct. 22 post on X from Bitcoin custody firm Casa's chief security officer and cypherpunk Jameson Lopp, who was extolling the virtues of self-custody.
Bitcoin creator Satoshi Nakamoto receives new statue in his honor
Bitcoin creator Satoshi Nakamoto has received a new statue in his honor in the city of Lugano, Switzerland. The art was presented by Plan ₿, an initiative between Tether and the local government, this Friday (25).
Designed to play with perception, the statue gradually disappears from view as the viewer changes perspective, symbolizing Satoshi's retreat from the public eye after establishing the foundation of a revolutionary financial system. $BTC
Ethereum L2s to Hit Over 100,000 TPS with 'Surge', Says Vitalik Buterin
One of Surge’s “main goals” is to achieve over 100,000 TPS on Ethereum and its layer 2s and increase interoperability, Buterin said. Buterin stated that 100,000 transactions per second between L1s and L2s is a key goal for Surge. Font: Vitalik Buterin
Ripple reveals exchange partnerships for new stablecoin RLUSD
On Tuesday (15) Ripple announced that it has established partnerships with several cryptocurrency brokers to support the launch of its new stablecoin, RLUSD. This information was released by the company's president, Monica Long, during the Ripple Swell event, which takes place in Miami.
Vitalik Buterin sells another $1.6 million worth of memecoins
Buterin praised memecoin issuers for sending coins for donation.
So far, he has converted $2.78 million worth of memecoins to Ether and donated $884,000 to charity in the past nine days, according to Spot On Chain on Oct. 13.
Dubai, Switzerland, and South Korea are leading the global crypto industry. This is according to the recently released Social Capital Market report. According to the study, Brazil ranks 10th.
Source: Social Capital Markets Report The largest market in Latin America and the second largest on the entire continent, Brazil ranks 10th in the ranking.
Revealing Satoshi Nakamoto's identity could be bad for Bitcoin, says CryptoQuant CEO
Ki Young Ju, founder and CEO of CryptoQuant, believes that revealing Satoshi Nakamoto’s identity could be bad for Bitcoin. This is because it is estimated that Satoshi has around 1.1 million bitcoins in his wallets, equivalent to R$378 billion, which could “trigger discussions that stray from the true purpose of Bitcoin”.
On Tuesday (8), Ki Young Ju, CEO of CryptoQuant, pointed out that this revelation could be bad for the entire market, as it would influence prices.
Bitcoin is the best investment of 2024, says NYDIG
A report by NYDIG, an American company focused on investment solutions, indicates that Bitcoin is the best asset of 2024. its earnings are at 49.2%, At the close of the 3rd quarter.
By comparison, gold, which is at an all-time high, has risen 26.5% in the same period.
Regardless, the year has been good for investors overall, as most of the assets and asset classes mentioned have delivered returns above 1% per month.
Magic Eden and Ubisoft launch NFT gaming collection on Arbitrum
NFT marketplace Magic Eden, in partnership with game developer Ubisoft and the Arbitrum foundation, has announced the launch of a new collection of NFTs focused on the gaming universe on the Arbitrum blockchain.
The collection is based on the anime “Captain Laserhawk: The G.A.M.E”, which is available on Netflix.
The partnership between Magic Eden, Ubisoft, and Arbitrum brings a new layer of interactivity and governance to players while also strengthening the gaming-focused NFT market.
Len Sassaman memecoins explode amid Bitcoin creator suspense
Over the past 3 days, Sassaman-inspired tokens have begun to proliferate on the Solana, Ethereum, and Bitcoin networks. Memecoins like LEN and SASHA, the latter named after Sassaman’s cat, have reached million-dollar market caps in a matter of minutes, fueled by the frenzy surrounding the possible revelation of Satoshi’s identity.
The fever was so great that tokens launched months ago, such as a LEN issued on the Solana network, saw their values soar, reaching millions in capitalization. $BTC
The recent price surge in NEIRO comes after strong whale activity. According to Lookonchain, one of the whales was a wallet known as “rektdolphin.eth,” which swapped a total of 190.5 billion PEPE for NEIRO.
Additionally, the whale exchanged another 6 Ethereum (ETH) in the transaction. With the proceeds from the two sales, the investor obtained a total of 1.466 billion NEIRO. In total, the whale purchased a total of $1.8 million worth of NEIRO. The memecoin NEIRO, billed as the “successor to Dogecoin (DOGE),” has seen a massive 50% gain in the past 24 hours.
CryptoKitties are back, but now as a game on Telegram
CryptoKitties is returning as a play-to-eggdrop game on Telegram, giving a preview of the NFT project’s relaunch. CryptoKitties, one of the most iconic projects in the NFT universe, has returned to the market. However, the game has now returned in a new version adapted for Telegram. The relaunch marks the first major official release since the debut of the original NFT collection in 2017.
Created by Dapper Labs, the project innovated by being one of the first to use the ERC-721 token standard on the Ethereum network. But now it returns with a format aimed at the growth of games on Telegram, a platform that exploded in popularity in 2024.
Vitalik Buterin Donates 100 ETH to Roman Storm Defense Fund
Ethereum co-founder Vitalik Buterin recently donated an additional 100 Ether, valued at approximately $240,000, to the legal defense fund of Tornado Cash developer Roman Storm. According to the Defend Roman Storm crowdsourcing page, 148 different payments have been received for the developer’s defense fund — totaling over 327 ETH, valued at approximately $785,000 at the time of writing.
"I can't describe how much this means to me. Thank you for your continued support," the Tornado Cash developer told Buterin after the contribution.
Polymarket broke records for trading volume and active users in September, with bets on the US elections largely responsible for the blockchain betting platform's success. Polymarket broke several records this September. Although it saw a significant dip in the middle of the month, the platform bounced back with impressive milestones. Trading volume increased to $533.31 million and active users grew 41% from August to over 90,000.
'Old' Bitcoin whale moves more BTC mined in 2009, says Arkham
“This Bitcoin was mined ONE MONTH after Bitcoin launched in February/March 2009,” Arkham Intelligence noted in an X post on October 4. The mysterious Bitcoin whale transferred 10 Bitcoin — worth $610,000 — in the latest transfer on October 3.
Fonte: Arkham Intelligence This comes amid renewed speculation about the true identity of Bitcoin's pseudonymous creator, Satoshi Nakamoto.
Len Sassaman emerges as the leading candidate to be Satoshi Nakamoto
HBO has announced a documentary called Money Electric that promises to reveal the identity of Satoshi Nakamoto, the creator of Bitcoin. Hours later, Polymarket created a poll to find out who will be featured in the series. At the time of writing, Len Sassaman is the top pick with a 50% chance. There are 15 other options, including the possibility that multiple people are behind the pseudonym.
Who is Len Sassaman?
Len Sassaman was a privacy activist and member of the cypherpunk community. With a background in cryptography and security, and having been mentored by David Chaum (considered the “father of digital currency”) for his PhD, he also worked on PGP alongside Hal Finney, another strong candidate to be the creator of Bitcoin.
Grayscale unveils new fund with exposure to Aave protocol
The fund, called Grayscale Aave Trust, is available to “accredited individual and institutional investors,” according to a statement released by the company last Thursday (03).
According to Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, the new fund offers investors the opportunity to participate in a protocol that has the potential to transform the financial industry.
“By leveraging blockchain technology and smart contracts, the decentralized Aave platform aims to streamline lending and borrowing by eliminating intermediaries and reducing reliance on human judgment,” Sharif-Askary explained in the statement.