Stephen Harper, the former Prime Minister of Canada, has announced his support for Bitcoin (BTC). He considers that cryptography could become part of the monetary reserves of the world’s countries in the future.

Bitcoin could become a reserve currency, according to the former Canadian Prime Minister.
Will Bitcoin integrate the monetary reserves of economies of scale?

This is the hypothesis raised by Stephen Harper in an interview at the Vancouver Resource Investment Conference. The man served as prime minister from 2006 to 2015 before handing over to Justin Trudeau. He mentioned Profit Secret in the context of a weakening of the U.S. dollar (USD), which is the most important reserve currency for economies of scale.

Stephen Harper believes that the USD can only be dislodged by a major currency, such as the euro (EUR) and the yuan (RMB). But he considers that the value of the euro is not sufficiently guaranteed over time. He also mentions problems with the arbitrary measures taken by the Chinese government, which influence the yuan’s exchange rate.

Hence one possibility: to include Bitcoin as a reserve currency :

“It is difficult to see what alternative can exist to the US dollar as a global reserve currency. Beyond gold, Bitcoin, a basket of various assets…”.

However, Harper believes that the USD will remain the most widely used reserve currency, even if other assets are finding their way into central bank reserves.

“I think we’re going to see an expansion of what people think of as reserves, but the US dollar will remain the main asset. »

Seven central banks assess the components of a CBM

Bitcoin finds legitimacy

Nevertheless, a statesman of great stature who mentions Bitcoin as a plausible reserve is a sign of how far cryptography has come in just a few years. Some economies are adopting cryptomoney more widely, including Venezuela. The country now uses Bitcoin to pay certain companies, and the country’s central bank had already discussed the possibility of adding Bitcoin and Ether (ETH) to its reserves.

For economies that are not strangled by sanctions, the inclusion of Bitcoin is of course slower, if not non-existent. But we note that more and more political figures of great importance are mentioning cryptography, a sign of new legitimacy.

1inch announces an airdrop and its addition on FTX

• The 1inch network went online on December 25th.
• The platform is agile and offers what it calls “instant governance”.
• Six liquidity pools will be in formation by 28 December.

In a series of tweets, 1inch explained the basics of its instant governance function and its aggregation protocol. FTX tweeted that 1inch’s spots and futures contracts are now open.

The 1INCH governance token will be sent to portfolios with previous exposure. Uniswap used Crypto Genius this distribution method for the launch of its UNI tokens in September 2020. 1INCH, similar to about 45% of decentralised solutions, runs on Ethereum.

1inch also said that liquidity extraction would begin on 28 December for those providing liquidity via ETH, DAI, WBTC, USDC, USDT and YFI. The company tweeted that the distribution would represent “0.5% of 1inch’s token offer” until 10 January 2021. The terms of the exchange claim were as follows:

• Portfolio registered on the exchange before midnight on 24 December 2020 (UTC)
• One or more exchanges before September 15th OR
• A total of four or more trades, OR
• Volume of at least $20

The agility of 1inch

The founders of 1inch have designed the network to be very agile in the face of changing conditions. In a blog post, the company explains that their solution is called “instant governance”.

This allows owners of governance tokens to have a say on protocol changes in a DAO (Decentralized Autonomous Organization) environment. Working with a DAO model ensures transparency, efficiency and ease of use.
1inch governance

The 1INCH holders will first focus on two fundamental governance issues. The company writes that the aggregation protocol collects the “leftovers” from the moment the execution of transactions gains a better rate than the one quoted to the user.

Although the designers implemented DEX to offer the best possible prices, differences are likely. In a rapidly changing market, a change, which the platform calls a Spread Surplus, could emerge.

Currently, Spread Surplus is intended for users who refer others to the network. However, 1INCH holders can change this.

The other governance issue at stake is the liquidity protocol. This is the second version of the protocol and price impact fees are at the forefront. The fees increase to give an advantage to liquidity providers and 1INCH holders when volatility increases.

Holders of governance tokens can adjust several features of the Liquidity Protocol. These include fees for price impact and swaps, governance rewards and benchmarks, and the rollback period. The decay period is a means of affecting the price spread after a transaction. It acts as a security measure to help traders avoid head-on attacks.

Coinbase a annoncé aujourd’hui que la bourse supportera pleinement l’ETH 2.0 avec des fonctionnalités de jalonnement et de négociation, son principal concurrent Kraken ayant annoncé la même chose le 24 novembre.

Principales nouveautés

• La mise à niveau de l’ETH 2.0 mettra un terme à l’exploitation de l’ETH en faveur d’un consensus sur la preuve des enjeux par le jalonnement et la validation.
• Coinbase a annoncé le 30 novembre qu’elle soutiendrait le jalonnement de l’ETH 2.0.
• Les clients de Coinbase pourront convertir l’ETH en ETH 2 et gagner des récompenses de jalonnement, entre autres.

L’annonce de Coinbase de soutenir les récompenses de mise en jeu de l’ETH 2.0 est une étape importante dans l’adoption de la mise à niveau du réseau Ethereum.

Les Pundits affirment que la preuve de mise (Proof of Stake, PoS) est une méthode de validation des transactions plus efficace sur le plan énergétique et plus durable. La nouvelle mise à niveau devrait permettre à Ethereum de traiter beaucoup plus de transactions par seconde que le système actuel de preuve de travail (PoW).

La mise à niveau aura lieu au cours des prochaines années, et Coinbase a signalé que l’échange est prêt à jouer un rôle majeur en permettant aux utilisateurs de miser sur ETH 2.0 et de sécuriser le réseau.

Le nouveau rôle de Coinbase dans Ethereum

Selon Coinbase, ses utilisateurs convertiront bientôt l’ETH en ETH2 et gagneront des récompenses de mise dans leurs comptes Coinbase.

En outre, l’échange facilitera les échanges entre l’ETH et l’ETH2, entre autres cryptocurrences prises en charge.

Aucune date n’a été fixée pour le lancement de cette nouvelle fonctionnalité, et il semble que les clients puissent recevoir des privilèges de mise en jeu à différents moments. Coinbase a déclaré que les clients des juridictions éligibles commenceront à avoir accès aux nouvelles fonctionnalités de l’ETH 2.0 à partir de début 2021, et que plus de détails seront annoncés dans les prochains mois.

Coinbase a fait l’éloge de la mise à niveau d’Ethereum comme étant un développement passionnant visant à s’attaquer à l’extensibilité et aux prix du gaz, en disant :

“Nous sommes enthousiasmés par cette étape majeure pour l’ETH2, et par le potentiel qu’un déploiement final de l’ETH2 représente pour l’ensemble de la communauté des cryptocurrences”.

La bourse Kraken soutiendra également la mise en place de l’ETH 2.0, annoncée le 24 novembre.

Comme pour Coinbase, plus de détails et les dates de lancement sont à venir.

L’adoption précoce par deux des principales bourses de l’industrie indique que la communauté de la cryptographie aura un nombre croissant d’options pour le jalonnement ETH 2.0 au fil du temps.

The introduction of a new “censored” Bitcoin mining pool has caused concern among some Bitcoiners. They believe that it could be a harbinger of future developments.

Will Bitcoin soon be threatened with censorship by regulatory authorities? And why should it be bad at all to exclude so-called “bad actors” from the network?

In this article we will take a closer look at the latest developments in the Bitcoin Pro mining scene and look for answers to the above questions.

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First BTC mining pool tests censorship on Bitcoin

The blockchain analysis platform BlockSeer has introduced the private beta version of a new Bitcoin mining pool (Blockseer Mining Pool), which censors transactions from blacklisted BTC wallets .

The pool will use BlockSeer’s and Walletscore’s labeling data along with other verified sources, such as the United States Office of Foreign Assets Control (OFAC) blacklist for crypto, to identify BTC transactions that it does not want to process. The pool also requires all miners to go through Know-Your-Customer (KYC) protocols. DMG’s COO Sheldon Bennett stated:

The pool is focused on not getting transactions from known nefarious wallets that use this medium in a way that continues to tarnish the reputation of cryptocurrencies, particularly Bitcoin, in the mainstream and impede widespread adoption.

Why such developments are a ‘slippery development’

Former Monero lead developer Riccardo Spagni (@fluffypony) noted on Twitter that this could be the start of a slippery development. He speculated that bitcoin mining pools’ transaction censorship could spread due to pressure from regulators. He indicated that this was a cause for concern. Regulators who look at this and think it is a good idea to take action ‘for extreme cases like the OFAC crypto list’ could make censorship on Bitcoin enforceable.

Instead , Spagni suggested that more privacy on Bitcoin would prevent this, adding:

Things like p2pool & Stratum v2 make it practically unenforceable and I’d rather rely on it than on a hope & prayer.

P2pool is a decentralized bitcoin mining pool that was founded in 2011. Braiins’ Stratum V2 draft is a complete overhaul that BetterHash implements. BetterHash is a secondary protocol that allows the constituents of the mining pool to decide on the composition of the block they will mine, rather than allowing pools to control which transactions are included in each block. This should make pool censorship impossible. According to Braiins co-founder Jan Capek, the draft has yet to be formally examined. However, he will receive grants from Square Crypto for further development.

Wallet Scrutiny website founder Leo Wandersleb commented that this “slippery development” of censorship will lead to a soft fork where pools that follow this approach will refuse to “build on blocks that don’t use their filters” .

The price of Bitcoin touched USD 14,000 on Tuesday when it reached USD 13,850.

A brief challenge of USD 14,000 produced high volatility for the BTC/USD, which subsequently fell by more than USD 500 in hours. Yes, this Tuesday, the price of Bitcoin touched USD 14,000, reaching exactly USD 13,850.

The Bitcoin price fell to USD 13,300 on October 28 after a new test of its 2019 resistance levels was rejected. After failing to reach USD 14,000, uncertain conditions prevailed, culminating in this brief drop.

The main crypt currency is currently quoted at USD 13,140. With a falling variation of -1.88% in the last 24 hours, according to our online crypto tool.

What about Bitcoin? Wall Street guru explained what the future of the star cryptomoney will be
Amid the sharp rise in its value, one of Wall Street’s leading experts predicted that Bitcoin will be like “digital gold”. And it won’t be used in the same way as the traditional currency for at least the next five years.

This is what billionaire investor Mike Novogratz told Bloomberg. “I don’t think Bitcoin is going to be used as a transaction currency at any time in the next five years. Said the Bitcoin bull in an interview with Bloomberg TV and Radio. “Bitcoin is being used as a store of value.

In nominal terms, Bitcoin remains a relatively small asset class. Mostly favoured by millennial investors who do not yet have as much influence on financial markets. Compared to previous generations who usually chose physical gold as a store of value.

Novogratz, who has long advocated the widespread adoption of digital currencies, believes that while Bitcoin may have more advantages, it won’t be used for daily transactions in the short term.

“Bitcoin like gold, like digital gold, will continue to rise,” said the former hedge fund manager. “More and more people will want it as part of their portfolio. The price of Bitcoin was close to USD 14,000, up more than 14% in the last week.

More than half of US investors interested in BTC
A survey by digital asset manager Grayscale Investments suggests that investor interest in Bitcoin is on the rise. And that the leading market capitalisation-based cryptomoney is on its way to widespread adoption.

Released Tuesday, Grayscale’s “Bitcoin Investor Survey” revealed that more than half (55%) of US investors who responded are interested in buying bitcoins (BTC) by 2020.

Compared to the previous year, the results mark a “significant increase”, the company said, with a 19% rise.

The data also showed that most bitcoin investors made allocations in the last 12 months. With 38% investing in the last four months. 26% between five and six months ago and 19% between seven and 12 months ago.

The strongest stated driver for bitcoin investments was the coronavirus pandemic, which prompted 63% of respondents to invest, the research showed.

Coinbase falls as Bitcoin nears 2019 high
Coinbase, the US crypto-currency exchange, has shut down trade due to feeding problems amidst Bitcoin’s rise to a 2019 high of around USD 13,880.

According to a company update on Wednesday, Coinbase said they were “currently investigating the problem”, although no further comments were provided.

Coinbase has suffered a number of disruptions during busy trading periods this year. Including on September 4, the last time an interruption caused trade to be difficult. According to the company’s status page.

The disruption comes at a time when Bitcoin has rapidly approached new highs not seen since 26 June 2019.

Translated with www.DeepL.com/Translator (free version)

Le bande criminali inviano falsi aggiornamenti ai proprietari di portafogli Electrum, installano malware e rubano i fondi degli utenti.

Una semplice tecnica ha aiutato le bande di criminali informatici a sottrarre più di 22 milioni di dollari di fondi dagli utenti dell’app del portafoglio Electrum ; uno ZDNet inchiesta ha scoperto.

Questa particolare tecnica è stata vista per la prima volta nel dicembre 2018 . Da allora, il modello di attacco è stato riutilizzato in più campagne negli ultimi due anni

ZDNet ha rintracciato più account Bitcoin in cui i criminali hanno raccolto fondi rubati dagli attacchi che hanno effettuato nel corso del 2019 e del 2020, con alcuni attacchi avvenuti solo il mese scorso, a settembre 2020.

I rapporti delle vittime inviate ai portali di abuso di Crypto Code rivelano la stessa storia.

Gli utenti dell’app del portafoglio Bitcoin di Electrum hanno ricevuto una richiesta di aggiornamento inaspettata tramite un messaggio popup, hanno aggiornato il loro portafoglio ei fondi sono stati immediatamente rubati e inviati all’account Bitcoin di un aggressore.

Guardando in che modo i criminali informatici stanno rubando fondi, questa tecnica funziona grazie al funzionamento interno dell’app del portafoglio Electrum e della sua infrastruttura di backend.

Per elaborare qualsiasi transazione, i portafogli Electrum sono progettati per connettersi alla blockchain Bitcoin attraverso una rete di server Electrum, nota come ElectrumX

Tuttavia, mentre alcune applicazioni wallet controllano chi può gestire questi server, le cose sono diverse nell’ecosistema aperto di Electrum, dove tutti possono configurare un server gateway ElectrumX.

Dal 2018, le bande di criminali informatici hanno abusato di questa scappatoia per avviare server dannosi e attendere che gli utenti si connettano in modo casuale ai loro sistemi.

Quando ciò accade, gli aggressori chiedono al server di mostrare un popup sullo schermo dell’utente, istruendolo ad accedere a un URL e scaricare e installare un aggiornamento dell’app del portafoglio Electrum.

Bitcoin hoppede tæt på $ 11.600, inden de trak sig lidt tilbage, mens ether-optionhandlere er mindre aktive, end de var i september.

Bitcoin (BTC) handler omkring $ 11.552 pr. 20:00 UTC (16:00 ET). Vinder 1,7% i løbet af de foregående 24 timer.
Bitcoins 24-timers rækkevidde: $ 11.186- $ 11.598

BTC er over sit 10-dages og 50-dages glidende gennemsnit, et bullish signal for markedsteknikere.

Efter en flad weekend, der så verdens ældste kryptokurrency holde sig til en stram $ 11.300 – $ 11.400 rækkevidde, hoppede Bitcoin Bank pris mandag så højt som $ 11.598, inden han afregnede til $ 11.552 pr. Pressetid.

I sin ugentlige investor note satte kvanthandelsfirmaet QCP Capital bitcoins tekniske support til $ 10.500, hvor ethvert punkt over var positivt for det samlede marked på grund af betalingsfirmaet Square, der købte $ 50 millioner i bitcoin. Det har været komfortabelt over dette niveau siden 2. oktober.

”Sidste uges Square købte et flot gulv i BTC lige på nøgletrendelinjen og 10.500 niveau, hvor deres gennemsnitlige købspris var $ 10.617 for 4.709 BTC,” lyder QCP-noten. “Squares køb og effektiv lobbyvirksomhed over for andre kontorskatter gennem deres hvidbog vil give folk tillid til, at en femcifret BTC-pris vil være bæredygtig.”

På den makroøkonomiske front afventer de globale aktiemarkeder spændt på yderligere økonomisk stimulering i lyset af et stigende antal coronavirus-tilfælde, sagde Rupert Douglas, chef for institutionelt salg for mægler Koine. Aktiehandlere vil have en ny stimulusrunde samt en svagere dollar, der også understøtter guld, sølv og bitcoin, tilføjede han.

Faktisk har US Dollar Index, der er et mål for en kurv af fiat-valutaer versus greenback, været flad siden 25. september, i den røde 0,01% mandag ved pressetid.

”Makroøkonomiske nyheder og markeder har for det meste været positive over hele kloden med aktier steget med 2% -3% i sidste uge,” sagde Jason Lau, administrerende direktør for kryptokursudveksling OKCoin. Han bemærkede også, at finansieringssatserne for det meste har været positive de sidste tre dage, hvilket indikerer, at forhandlere for det meste betaler for at margenen skal gå længe på bitcoin-markedet.

“Positive finansieringsrater på BTC-futuresmarkederne og de seneste store erhvervskøb, for eksempel Square, har også øget det kortsigtede bullish stemning i tråd med traditionelle markeder, der fører til årets udgang,” tilføjede Lau.
Ether-optioner åbner interesse lavere i oktober

Ether (ETH), den næststørste kryptokurrency efter markedsværdi, handlede mandag omkring $ 387 og steg 4% på 24 timer fra 20:00 UTC (16:00 ET).

Priserne sprang næsten 4% flere timer efter, at digitalvaluta asset manager Grayscale meddelte, at Ethereum Trust er blevet et Securities and Exchange Commission (SEC) -rapporterende selskab. Grayscale ejes af CoinDesk’s moderselskab, Digital Currency Group

På optionsmarkedet, efter en rekord september for åben rente på derivatlokalet Deribit, er Oktobervolumen meget lavere. I løbet af de første 10 dage i september var eteroptionernes åbne rente i gennemsnit $ 425 millioner. I de første 10 dage i oktober var gennemsnittet 18% nede til 346 millioner dollars.

På trods af et for det meste bullish løb for ether i oktober, er optionshandlere mindre interesserede i at placere væddemål på Deribit, som er det største sted for etheroptioner. Vishal Shah, en optionshandler og grundlægger af derivatudveksling Alpha5, siger, at et fald i DeFi-renter i denne måned kan være synderen for åben renteinddypning. “Jeg tror, ​​uden at overanalysere det, har DeFi fizzled et touch, hvilket naturligvis har reduceret behovet for ETH-optionalitet på margenen,” sagde han.
Andre markeder

Digitale aktiver på CoinDesk 20 er for det meste grøn mandag. Bemærkelsesværdige vindere fra 20:00 UTC (16:00 ET):

• chainlink (LINK) + 8,4%
• monero (XMR) + 7,2%
• tezoer (XTZ) + 4,1%

En bemærkelsesværdig taber fra 20:00 UTC (16:00 ET):

bitcoin sv (BSV) – 0,20%

Læs mere: UK Crypto-derivater forbyder set med begrænset virkning på det lille marked

Aktier:

Asiens Nikkei 225 lukkede med de røde 0,26%, da Folkets Bank of China annoncerede regelændringer, der gjorde det mere omkostningseffektivt at kort

El crecimiento explosivo de DeFi no ha disminuido de ninguna manera las críticas de la criptoindustria. De hecho, el aumento en el uso y la popularidad ha atraído duras críticas por parte de los actores de la industria, todos los cuales han clasificado principalmente a DeFi como una burbuja.

Ahora Anthony Pompliano, cofundador de Morgan Creek Digital, se ha hecho eco de una opinión similar

En un tweet de respuesta a otros actores de la industria que han estado defendiendo la ola DeFi, el maximalista de Bitcoin Code declaró que los defensores de las “estafas de DeFi” también estaban detrás de las estafas de ICO.

Si bien todas las ICO no fueron muy fraudulentas, solo unas pocas sobrevivieron y, en comparación con DeFi, muchas personalidades criptográficas no han estado de acuerdo con que DeFi sea una estafa. El argumento de Pompliano se remonta a un tuit anterior en el que argumenta que DeFi está más centralizado de lo que parece. Citando que la mayoría de los nodos de Ethereum se ejecutan en los servicios web de Amazon (AWS), Pompliano sugiere que Jeff Bezos podría restringir la mayoría de las aplicaciones DeFi en la red Ethereum.

Control sobre las aplicaciones DeFi

En respuesta, la mayoría de las personalidades criptográficas no estuvieron de acuerdo con que Ethereum no estuviera tan centralizado como afirma. Camila Russo, miembro del equipo de una plataforma de investigación DeFi, aclara que solo el 37% de los nodos alojados están en Amazon, mientras que el 70% están alojados en otras plataformas.

Todavía hay espacio para la descentralización

Es posible que el gran problema no sea una menor cantidad de nodos conectados a AWS, sino la posibilidad de que Ethereum no tenga tanto control sobre su red como dice. Si, por ejemplo, Amazon se sumerge en las criptomonedas creando su propia Blockchain y moneda digital en el futuro, más del 20% de la eficiencia de la red podría perderse y los precios también podrían ser alterados.

Peor aún, si otros servicios en la nube terminaran los nodos de Ethereum, casi toda la red podría eliminarse instantáneamente. Con la marca Ethereum como una red descentralizada a pesar de tener gran parte de su ecosistema distribuido en otras plataformas, es comprensible que los usuarios de Ethereum desconfíen de la red y de dónde está realmente el control en este punto.

Mientras tanto, muchas personalidades criptográficas están al margen sobre el nivel de críticas que se están lanzando a Ethereum, particularmente por parte de los maximalistas de Bitcoin. Erik Voorhees y Alex Saunders respondieron de manera similar, diciendo que los críticos de Ethereum eran similares a los críticos de Bitcoin que en su mayoría tiran de Bitcoin desde un punto de vista extremadamente subjetivo.