Proposed soft forks percolate up from the bitcoiner community. They undergo study and debate, and if they find sufficient interest, get a Bitcoin Improvement Proposal (BIP) number. From there, they face more debates, security reviews, debates, and also debates. BIPs that win community consensus (whatever that means) must then be activated as a soft fork – a mechanism that itself is up for debate. Source
Category: ICO
Bitcoin (BTC) Price Blasts to $90K as Crypto Rally Shakes Out Leveraged Traders
“More than retail investors, institutions are driven by government signals,” Nathan McCauley, CEO and co-founder of digital asset custody provider Anchorage Digital, said in an emailed note. “The anticipation of a pro-crypto government next year is proving to be an institutional catalyst—the likes of which we have never seen.” Source
How Escape Hatches Can Boost Crypto’s Reputation
It didn’t matter much to the success of Ford. After all, people needed cars, and weren’t discouraged by safety factors. By contrast, those of us in blockchain today desperately need to convince people to use this technology, show its relevance for previously unimagined use cases, and reassure them it’s safe to do so. In other words, welcome to crypto — your Escape Hatches are located here, here, here and here. Enjoy the ride. Source
Tether’s USDT, Circle’s USDC Supply Grow $5B Since US Election as Investors Pile Into Crypto
One metric that underscores this behavior is the balance of Ethereum-based stablecoins on exchanges. The amount of stablecoins on exchanges declined steadily heading into the election as investors took a “wait-and-see approach”, Shuttleworth said. Then, following Nov. 5 election, stablecoin balances jumped to a yearly high of $41 billion from around $36 billion in early November, Nansen on-chain data shows, as investors deposited stablecoins pent-up demand for crypto assets Source
Bitcoin Price (BTC) Rally Sends Bhutan Holdings Above $1B, Bukele’s El Salvador’s Above $500M
After purchasing bitcoin on a few occasions during the 2021 bull run, El Salvador began dollar-cost-averaging into the top cryptocurrency in November 2022, and was in the black on its holdings by December 2023, according to Bukele. El Salvador’s bitcoin strategy has been a constant sticking point with the International Monetary Fund, which has raised concerns about the nation’s fiscal situation. Source
Ethereum Layer-2 Project Starknet to Roll Out Staking Feature Later This Month
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout. Source
How We Can Make the Agentic Internet Work for Everyone
On October 31, Bangdao Chen, Co-Founder of the Oxford Blockchain Research Centre, and Ramesh Ramadoss, Chair of the IEEE Blockchain Technical Community hosted an event titled “Smart Agents on an Enriched Blockchain” at Keble College, Oxford. It highlighted the challenges and design solutions in the agentic internet: building independent and verifiable agents. Renowned computer scientists, including Richard Sutton FRS FRSC, the “father of reinforcement learning,” and Bill Roscoe FREng, Director of the Oxford Blockchain Research Centre, along with other experts, presented at the event. Source
Central Bank Group BIS Names Hernández de Cos as Next General Manager
ES Pablo Hernández de Cos has called for digital euro implementation and helped put in place global crypto banking rules. Source
CoinDesk 20 Performance Update: POL Declines 7.7%, Leading Index Lower
Cardano was also among the underperformers, falling 7% since Monday. Source
Crypto Anti-Money Laundering Specialist Notabene Raises $14.5M
Notabene CEO Pelle Braendgaard believes Donald Trump will emulate what the European Commission is doing in order to bring trading volume back to the U.S. Source