Bitfinex CTO Paolo Ardoino said that the RGB protocol is the "best opportunity" to issue stablecoins on Bitcoin. Ardoino believes that RGB is the "legitimate successor" to Omni after Tether stopped using Omni to issue USDT stablecoins. RGB is a smart contract system and off-chain protocol for Bitcoin and the Lightning Network, which can mint and issue digital assets based on Bitcoin. According to its website, it was originally conceived in 2016 by Bitcoin educator Giacomo Zucco as a "non-blockchain based asset system" that leveraged earlier ideas from Bitcoin core developer Peter Todd.
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Bitfinex CTO: RGB protocol is the “best opportunity” to issue stablecoins on Bitcoin
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Analyst: Bitcoin's recent surge may have given investors a false sense of security
George Milling-Stanley, Chief Gold Strategist at Dow Jones Global Investment Management, believes that the recent surge in Bitcoin may give investors a false sense of security. Milling-Stanley stated, "Simply put, Bitcoin is an investment seeking returns, which suggests that investors are flocking to Bitcoin for capital gains, not because they see the value or use of Bitcoin." The launch of options based on spot Bitcoin ETFs last week may be related to this, as options allow investors to bet on the price volatility of Bitcoin with less cash instead of buying Bitcoin itself. -
UK court dismisses Craig Wright's appeal against COPA
On November 29th, according to BitMEX Research, the UK Court of Appeals has dismissed Craig Steven Wright's (CSW) appeal against the Cryptocurrency Open Patent Alliance (COPA), ruling that he lacked any substantive basis. In the case, CSW also complained that the court had adopted evidence from @lopp (James Lopp), but @lopp did not appear as a witness, which the court found to be unfounded. CSW's attempt to prove his claim as the author of the Bitcoin white paper, Satoshi Nakamoto, has once again been thwarted. -
Japan's Financial Services Agency warns 5 unregistered overseas cryptocurrency exchanges
On November 29th, according to CoinPost, the Japanese Financial Services Agency issued warning letters to five unregistered overseas cryptocurrency exchanges. These exchanges include KuCoin, bitcastle LLC, Bybit Fintech Limited, MEXC Global, and Bitget Limited. -
Google asks appeals court to overturn Epic Games antitrust victory
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Ansem: Coinbase is very likely to list top virtual ecosystem tokens, as it has already listed DEGEN
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Musk calls for abolishing the Consumer Financial Protection Bureau
on November 27th, Musk called for the abolition of the Consumer Financial Protection Bureau (CFPB) on social media platform X, stating that "there are too many redundant regulatory agencies." -
Andy Ayrey: Truth Terminal treasury funds are being migrated, users do not need to panic
On November 27th, Truth Terminal founder Andy Ayrey posted on X, stating that the Truth Terminal treasury is undergoing its final migration. There is no need to panic due to changes in funds, as all funds are being transferred to an appropriate, globally distributed multi-signature. -
U.S. consumer confidence improves again in November, reaching a two-year high
Dana M. Peterson, Chief Economist of the World Large Enterprises Federation, said, "US consumer confidence continued to improve in November, reaching the highest level in the past two years. The growth in November was mainly due to consumers' more positive assessment of the current situation, especially in the labor market. Compared with October, consumers' optimism about future employment opportunities has also greatly increased, reaching the highest level in nearly three years. At the same time, consumers' expectations for future business conditions have not changed, while their optimism about future income has slightly declined." Earlier, the US Conference Board Consumer Confidence Index for November recorded 111.7, a new high since July 2023. -
Starknet: Phase 1 of STRK staking is now live on the mainnet
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The first #Bitcoin whitepaper draft written by Satoshi Nakamoto 16 years ago.
Title: Electronic Cash Without a Trusted Third Party
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