Transaction URL: https://etherscan.io/tx/0xe8502819dfa79c7f51aacf79cdd070854a378cea1beda09275e277950b6a3462
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Bitcoin has consistently outperformed all major asset classes over the past decade, solidifying its role as the benchmark for digital asset investors. For those committed to Bitcoin’s long-term vision, the ultimate financial goal often shifts from acquiring more dollars to maximizing their Bitcoin holdings.
Bitcoin is the Hurdle Rate
Bitcoin is to digital assets what treasury bonds are to the legacy financial system—a foundational benchmark. While no investment is without risk, Bitcoin held in self-custody eliminates counterparty risk, dilution risk, and other systemic risks common in traditional finance.
With BTC outperforming every other asset class in 9 of the past 12 years (by…
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In a bold move signaling confidence in cryptocurrency, Brazil’s Chamber of Deputies is set to deliberate on a transformative bill introduced by Member Eros Biodini. The proposed legislation aims to establish a Strategic Bitcoin Reserve, earmarking up to 5% of the nation’s international reserves for purchasing Bitcoin. This initiative could involve an investment of around $3 billion into BTC, showcasing a significant commitment to digital currency.
This development is seen as a major bullish signal for Bitcoin’s future, as Brazil could potentially lead a wave of global Bitcoin adoption among nation-states. By allocating a substantial portion of its reserves to Bitcoin, Brazil is positioning itself at the forefront of financial innovation, aligning with modern investment trends and diversifying its monetary strategy.
Supporters of the bill argue that this strategic move not only enhances Brazil’s financial landscape but also strengthens its position in global economic discussions. As the world increasingly embraces digital currencies, Brazil’s proactive approach might inspire other countries to consider similar initiatives, potentially ushering in a new era of widespread Bitcoin adoption.
DIA has launched the testnet for Lumina, its new modular oracle infrastructure aimed at improving transparency, scalability and integration flexibility. Designed to address common issues with existing oracles, Lumina allows for data aggregation, verification and delivery across blockchains.
Its architecture is distinguished from other oracle solutions such as Chainlink and API3, given its support for multiple messaging protocols, compatibility with non-EVM chains and comprehensive data traceability.
Previously, access to oracle data’s origins and flow was often opaque, but Lumina offers full visibility into the entire process, according to Zygis Marazas, DIA’s head of… Read more on Blockworks
Everything built on top of Bitcoin that you are aware of today is because of the primitives that Bitcoin Script supports. What do I mean by primitives? The basic components of a programming language that you can use to build actual applications to do things. No programming language was ever designed specifically for a single application, i.e. to build one program. They are designed to support basic primitives, like mathematical operations to manipulate data,…
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Company Name: Cake Wallet
Founders: Vik Sharma
Date Founded: October 2017
Location of Headquarters: Saint Kitts and Nevis (and staff is remote)
Number of Employees: 14
Website: https://cakewallet.com/
Public or Private? Private
When Vik Sharma isn’t serving as the CEO of Liberty Steel, he’s focused on making bitcoin and other cryptocurrencies easier and more private to use via Cake Wallet.
Sharma believes that a product must be user-friendly if it is to be adopted widely, which is why usability is at the center of the Cake Wallet mission.
“The very broad mission of Cake Wallet is to bring cryptocurrency to the masses, to enable people to easily send, receive, hold, swap, on-ramp, and…
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