I shake my head. If there were direct dollars willing to provide liquidity for the cryptospace market, why do they need to go first through Tether and add more regulatory risk?  According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets.
Tether’s market cap has been growing exponentially in 2020. As of mid-September, Tether’s market cap had seen nearly a four-fold increase since the beginning of the year, surging above $15 billion from around $4 billion.
According to data from crypto analytics firm Messari, USDT saw a notable increase from August 2020 to date. As such, USDT added more than $5 billion in market cap over the past three months.
Tether (USDT), the largest stablecoin in the cryptocurrency market, is seeing a massive influx in its market capitalization, which is likely fueling the current Bitcoin (BTC) price rally.Source https://cointelegraph.com/news/tether-market-cap-surpasses-17b-fueling-bitcoin-price-rally |
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News update. I reckon if cryptomom will be assigned as the Chairman of the SEC, it might be the begin the golden years of the cryptospace as a market for speculative investments, ETFs and as a market for innovation where democratic fundraisers are legal. Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), is stepping down from the agency at the end of this year.
Clayton's departure comes months ahead of his scheduled release in June 2021. Clayton was sworn in as the SEC chairman in May 2017 after being appointed by President Donald Trump. Now that Joe Biden has been elected as the new U.S. President, it remains to be seen who replaces Clayton.
In the crypto community, Clayton is also known for his cautious stance on bitcoin exchange-traded funds (ETFs).
Several bitcoin ETFs were filed with the SEC for approval under Clayton's leadership, but none received the green light.
The crypto market could see some clarity around these issues if SEC Commissioner, Hester Peirce (aka Crypto Mom), replaces Clayton and takes the agency's helm.Source https://www.theblockcrypto.com/post/84713/sec-chairman-jay-clayton-stepping-down |
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@Bttzed03. Agreed, however, he is 36 years old already. He might be thinking that he has no more time hehehe. He wants to retire with money and only spend time with family hehe.
This is Dana's responsibility. He is not paying his fighters the money that the fighters deserve.
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I have been busy for almost 3 days now because of the recent typhoon that hit the Philippines, it just devasted my home and left with a muddy floor and muddy appliances so I haven't made a bet for UFC Fight Night Felder VS Dos Anjos, It is sad to hear mate, the world is going through shit and on top of that a typhoon, not even sure what is going to hit next and when will the world go back to normal  . It was amazing main event and Felder showed he is having big heart, standing up five rounds with Dos Anjos, after only five days preparations.
He had great cardio and speed but he had no chance to win in this fight. Felder was preparing for Triathlon and hence it is not a big surprise about his stamina but RDA had a good fight and called out Conor McGregor and even he responded and that is a fight i would like to see in 2021 because it was scheduled twice and unfortunately never happened. Hehehe the reason for his move down back to lightweight is becoming clear from his statement. He is 36 years old and he wants to receive a $1 million retirement cheque which can only be earned by fighting Conor. |
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@morvillz7z. Bad loss for the Bills. They were winning the game.  In any case, NFL experts why is there only -7 handicap for the Ravens? There should be -10.5, I reckon. |
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It appears Kell Brook won the 1st and 2nd round, however, he cannot take Crawford's power hehe.
I reckon the best should fight the best. Why do the promoters do not want to create Errol Spence and Terrence Crawford superfight?
Maybe that's the next target ,Promoters are Looking for the Fight that would Lure bettors and Watchers ,they are gathering information on who's the In demand players and not just because they are good opponent in each division. Promoters are for money and not for the Boxers nor fans. Also, there was the controversial decision of no contest on Franco versus Molony because according to the referee, Andrew Molony removed his head, attached it on has left glove and used that to hammer on Franco's left eye hehehehe.
In Boxing ring it is the Referee is the Law anything he says while in the ring will be decided so if the call is legit?then Molony Must be given sanction for this behavior. I was clearly making joke in my post and if you watched the fight or read the news, there was no headbutt in any of the replays. The referee is corrupt and Moloney has been stolen of a championship. This is a big shame for the sport of boxing. |
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Also, there was the controversial decision of no contest on Franco versus Molony because according to the referee, Andrew Molony removed his head, attached it on has left glove and used that to hammer on Franco's left eye hehehehe.
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It appears Kell Brook won the 1st and 2nd round, however, he cannot take Crawford's power hehe.
I reckon the best should fight the best. Why do the promoters do not want to create Errol Spence and Terrence Crawford superfight?
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@gentlemand. Are you telling everyone that is how you see bitcoin maximalists hehehe? Many of them in social media are larpers similar to the XRPArmy..
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Interesting discussion here and it seems to me that what BlockSeer is trying to achieve is to push the boundaries as far as they possibly can. In other words, they're stretching their comfort zone to understand how far they can go with this KYC/censored mining pool. Whatever you think of it this is already an attack on the network. Some of you argued that due to the force of game theory and economic incentives miners will stay honest and avoid such pools which would be anti-economic. This doesn't eliminate the fact that these pools could be easily subsidized by agencies, governments for doing this work. There's more than meets the eye here.
The skeptical me is thinking that this might be another attempt by the government to threaten bitcoin by pressuring those who are behind in processing the transactions. Wait for news about the government taking down a mining pool's domain. That would be the first sign. |
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How about if the government enacts a law or an order that forces the large miners to use a pool that is compliant under government standards or the licenses of the miners will be revoked?
It is important to note that, more often than not, different governments pursue different ends. These goals may or may not contradict the ones of other governments. Never in history, there has been an occasion when all governments have conspired to fight something. No matter how severe the threat is or advanced the technology is, there will always be some governments that make use of it to outcompete others. Governments that allow bitcoin mining and the bitcoin economy to develop will soon outcompete those who do not. Similar to my speculation, your argument is also only a speculation. I respect all the replies that have disagreed with me, however, as @exstaise would say, let us agree to disagree. But let us leave this an open argument because the situation might come and become more serious than our small arguments. |
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Michael Saylor has gambled big on bitcoin using his personal money and his company's cash. He will say much of anything to hype bitcoin similar to maximalists.
I am not telling everyone that investment in bitcoin is bad or bitcoin itself is bad. However, we should always be skeptical.
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@morvillz7z. Before game time, I would say agreed! hehehe. However, after knowing the result, I reckon this proves that the Colts defense is really one of the best in the NFL this year. I have read many punters doubting it in the beginning of the season.
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Is there a chance that regulators can force transaction filtering on all of the mining pools to censor unwanted transactions?
"on all"? no. any mining pool that starts censoring transactions will abandoned be immediately by the miners that connect to it. the more serious the threats gets the more new mining pools in different places of the world will start for miners to migrate to. the more serious it gets can also lead to a mining protocol change that bricks all their efforts. All users of Blockseer’s pool are required to pass KYC (Know Your Customer) protocols,
i can't even find this pool among the list of bitcoin mining pools! the smallest listed here ( https://btc.com/stats/pool) has 0.22% of the total hashrate. How about if the government enacts a law or an order that forces the large miners to use a pool that is compliant under government standards or the licenses of the miners will be revoked? |
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The thing is that it is unannounced or unintended hard fork, Lol, this is one of the worst disaster, I don't know how Ethereum could make this unintended hard fork to begin with. And so with others like Infura who remain in the 'minority' chain, hence it's a big messed right now. Here is the post-mortem report: https://blog.infura.io/infura-mainnet-outage-post-mortem-2020-11-11/Why was Infura running geth (v1.9.9) and (v1.9.13) when the latest version is (v1.9.23)? In the early days of Infura we would upgrade nodes as soon as the Geth or Parity teams cut a new release. We wanted the latest performance improvements, the latest API methods, and of course bug fixes. We stopped doing that when these changes sometimes brought instability or critical breaking issues which negatively impacted our users. Sometimes it was a syncing bug, a change in peering behavior that caused unforeseen issues within our infrastructure, or a slight modification to the JSON-RPC behavior that forced a developer to make changes to their application. No software is bug free and not every release can go according to plan. Thus the decision we made was that stability was more important than tracking the latest client version to get features and performance tweaks. Because of this, we began to be more frugal with our update schedule. We do our best to give developers a stable API to develop against. Any changes to the API we communicate well in advance to give our users time to make the necessary modifications to their applications. We run a custom patched version of Geth we internally call “Omnibus” which includes several performance, stability, and monitoring enhancements tailored to our cloud native architecture. While this complicates the update process for us compared to running a vanilla Geth version, the benefits have been worthwhile and we aim to be transparent with the version we run. It is available both at https://forkmon.ethdevops.io and via our JSON-RPC API: Because of the concerns mentioned earlier about stability, backwards compatibility, and complexity of patch management, we are very explicit and deliberate when we update our nodes. When there is a known consensus bug, we of course would update immediately. In this instance however, we were not aware of a consensus issue with Geth v1.9.9 and v1.9.13. One particularly painful thing for us about this outage was that we were very close to updating to a client version that would have avoided this incident. We had scheduled an update for earlier this month which we ended up postponing to ensure that users had more time to update and prepare for the changes and we could guarantee the stability of the upgrade.
In any case, the root cause was identified and I do hope that this kind of issues will be prevented in the future. And at least the community was very quick to notice and report it, and CZ even halted the withdrawal before everything has settled down. There should be no wishing for I hope. This should have never occured. However, Ethereum is very lucky that only Defi and ICO use the platform. @RussianEnglishTranslation. The skeptical you has not watched too much movies. The real skeptical mind would think Infuria did it to itself on purpose as blackmail to show who is in control hehehe. |
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@monero_badcaca. Maybe the IRS should pay you the bounty to expose and trace all Monero transactions hehehe. In any case, the latest news update says that Shapeshift delisted Monero because of regulatory risks. The silver lining is this was not an attack on Monero. It concerns all the other anonymous coins that were listed also. Crypto trading platform ShapeShift delisted privacy coins Monero, Dash, and Zcash to limit the company’s regulatory risk, according to ShapeShift. Source https://decrypt.co/47823/shapeshift-confirms-regulatory-risk-led-to-privacy-coin-delistings |
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Comedy news. Is this a chainsplit or is this nothing but one of the blockexplorers' nodes went down because they depend on a datacenter similar to Infura to run their nodes? There was a possible ETH chain split at block 11234873. Etherscan and Blockchair are showing two different chains and data after this block. We’re resolving now but have temporarily closed withdrawals. Funds are #SAFU.Source https://twitter.com/cz_binance/status/1326456255515250693 |
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@bryant.coleman. How is that good for the search for real adoption for bitcoin? Paypal should might as well issue their own token and use that. However, they need the popularity of bitcoin and implement a system that would not bring them any problems on compliance and advertise that as bitcoin acceptance.
It is a scam.
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This is very concerning news. Is there a chance that regulators can force transaction filtering on all of the mining pools to censor unwanted transactions? The skeptical me thinks that this new mining pool is secretly created by the government to encourage other mining pools to do something similar. All users of Blockseer’s pool are required to pass KYC (Know Your Customer) protocols, and blocks posted to the Bitcoin blockchain by Blockseer’s pool will only contain filtered transactions using Blockseer and Walletscore’s labeling data, along with verified sources such as the United States OFAC blacklist for crypto. Blockseer’s data analytics platform has been used by various law enforcement agencies over the past six years, providing Blockseer’s new pool with credible data relating to fraud, theft, money laundering and various other nefarious dealings which will be filtered out of any block that this pool will post to the Bitcoin blockchain.. Blockseer has a US patent pending novel approach to transaction filtering which examines transactions to and from bitcoin wallets which will exclude high risk wallets from being included in Blockseer’s posted blocks.Source https://stockhouse.com/news/press-releases/2020/10/29/dmg-s-subsidiary-blockseer-launches-bitcoin-mining-pool-focused-on-good |
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@bryant.coleman. Your coins in Paypal are paypalcoins and nothing else. I would also go far to argue that this is a scam from Paypal that they have adopted crypto. The only thing they brought is cryptocoin gambling for their users.
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