Liam Le (liam-le)

Old Wallet with 24 BTC Activated After More Than 10 Years 🍑 Several wallets that have been dormant since 2014 have reawakened, with several holding millions worth of BTC. 🍑 The cause of the activity is uncertain, with some speculating a major sell-off, while others believe it could be tied to Mt. Gox repayments. 🍑 Nevertheless, Bitcoin has held strong at US $60k, suggesting that the hundreds of BTC transferred from Satoshi-era wallets weren’t necessarily all sold. https://cryptonews.com.au/news/old-wallet-with-24-btc-activated-after-more-than-10-years-122872/

• 8 replies
• 0 recasts
• 35 reactions

NEAR Protocol Surges After Launching Chain Signatures for DeFi and Bitcoin 🏯 NEAR Protocol’s new Chain Signatures technology allows smart contracts to sign transactions across blockchains like Bitcoin and Ethereum. 🏯 This feature eliminates the need for multiple wallets and manual bridging, simplifies DeFi access and reduces dependency on separate gas fees. 🏯 Co-founder Illia Polosukhin heralds this as a major step toward expanding and diversifying the Web3 user base, aiming for a user-owned internet. https://cryptonews.com.au/news/near-protocol-surges-after-launching-chain-signatures-for-defi-and-bitcoin-122660/

• 9 replies
• 0 recasts
• 33 reactions

Scaramucci: Wild Times Ahead Once Wall Street “Selling Machine” Starts Pushing Bitcoin 🍊 Anthony Scaramucci views Bitcoin as an early technology with potential to become a store of value. 🍊 He highlights the significant cost reduction in financial transactions that crypto technologies could achieve. 🍊 Jenny Johnson, echoing Scaramucci, emphasises her focus on digital assets and disruptive technologies, noting Wall Street’s lack of engagement. 🍊 Both highlight the underestimation by traditional finance of the significant impact and growth within the crypto ecosystem. https://cryptonews.com.au/news/scaramucci-wild-times-ahead-once-wall-street-selling-machine-starts-pushing-bitcoin-122908/

• 9 replies
• 0 recasts
• 30 reactions

Trump Urges to ‘Keep Your Bitcoin’ Because US Will Be ‘Crypto Capital’, Announces Plans to Make BTC a Strategic Reserve Asset. 🥭Donald Trump has announced plans to designate Bitcoin as a strategic reserve asset for the US. 🥭At the Bitcoin 2024 conference in Nashville, he committed to maintaining a national BTC reserve and promised not to sell any seized Bitcoin. 🥭Trump also intends to fire SEC Chair Gary Gensler, although it’s not clear he can and will actually follow through with that. https://cryptonews.com.au/news/trump-urges-to-keep-your-bitcoin-because-us-will-be-crypto-capital-announces-plans-to-make-btc-a-strategic-reserve-asset-122416/

• 19 replies
• 0 recasts
• 25 reactions