ᦔarŘƘƏye1¹ (dariush080)

🔥 Government shutdown leaves U.S. job market in limbo ❗️Due to the federal government shutdown, the U.S. monthly employment report will not be released today. The Bureau of Labor Statistics (BLS) has been closed, and its employees placed on mandatory leave. ⚠️ Economists had expected modest job growth, but now the Federal Reserve must decide on interest rates without a clear picture of the labor market. Senator Elizabeth Warren has called on the government to release the collected data. @base.base.eth

• 1 reply
• 17 recasts
• 17 reactions

🔥 Mt. Gox creditor repayments delayed ❗ The bankrupt exchange Mt. Gox has once again postponed repayments to creditors, setting a new date of October 31, 2026. The trustee noted that many creditors have yet to complete the necessary steps to receive their funds, causing further delays. 🟠 Mt. Gox wallets still hold around 34,600 BTC worth over $4 billion. However, experts say the potential release of these assets is no longer a threat to the market, as most creditors don’t plan to sell immediately, and a significant portion of the Bitcoin is held in corporate treasuries. @base.base.eth

• 0 replies
• 13 recasts
• 13 reactions

🔥 USDT Wallets Surge 160x Since 2020 💵 Over the past five years, the number of Tether (USDT) wallets has skyrocketed from just 3.1 million in January 2020 to over 500 million an astounding 160-fold increase. 🔼 This growth highlights Tether’s increasing dominance in the crypto market and the expanding role of stablecoins as a bridge between traditional finance and the crypto world. @base.base.eth

• 0 replies
• 15 recasts
• 15 reactions

🟠 Bitcoin & the Quantum World ⚙️ Bitcoin secures itself using Public Key Cryptography. 🖥 Classical computers can’t break these locks solving them would take millions of years but quantum computers could potentially unlock them much faster. 🟡 When you make a transaction with your wallet, the public key of that address is visible to everyone. ⚙️ A powerful quantum computer could, in theory, derive the private key from the public key and steal the bitcoins. This risk is higher for wallets that have already made transactions. 🔍 Scientists are developing Post-Quantum Cryptography, a method that even quantum computers can’t easily break. 🟡 The NIST is working on standardizing these algorithms so that everyone can use them in the future. 🪙 Bitcoin itself could be updated to adopt these new cryptographic methods, ensuring it adapts to emerging threats via a fork or software update before any major crisis occurs. @base.base.eth

• 0 replies
• 16 recasts
• 16 reactions