1 year ago
BTC developer Luke Dashjr wants to “fix” Bitcoin Ordinal inscriptions, arsenic helium views them arsenic exploitative, dividing the crypto community. In different news, successful a spot bitcoin exchange-traded money (ETF) filing update, monolithic plus manager Blackrock has noted the anticipation of BTC being legally classified arsenic a security. This and more, conscionable below, successful the latest Bitcoin.com News Week successful Review.
Bitcoin Developer Luke Dashjr States Inscriptions Are Exploits, Hints astatine Future Fix
Luke Dashjr, bitcoin developer and Mummolin’s CTO, has reiterated his antagonistic sentiment astir Ordinal inscriptions, stating these leverage and exploit a vulnerability successful the Bitcoin Core afloat node bundle implementation. Dashjr besides hinted astatine correcting this “exploit” successful an upcoming mentation of the Bitcoin node software.
Blackrock’s Spot Bitcoin ETF Filing Update Addresses Potential Classification of BTC arsenic a Security by SEC
Blackrock, the world’s largest plus manager, has warned successful its latest spot bitcoin exchange-traded money (ETF) filing update of the imaginable for bitcoin to beryllium classified arsenic a information by the U.S. Securities and Exchange Commission (SEC), authorities regulators, oregon tribunal rulings. “If a integer plus is determined oregon asserted to beryllium a security, it is apt to go hard oregon intolerable for the integer plus to beryllium traded, cleared oregon custodied successful the United States done the aforesaid channels utilized by non‑security integer assets,” Blackrock cautioned.
Bitcoin Breaks $40K Barrier — Highest Value successful Nearly Two Years
On Sunday, December 3, 2023, bitcoin’s worth surged past the $40K mark, peaking astatine $40,846 astatine 8:45 p.m. Eastern Time. Over the past week, bitcoin has witnessed an 8.4% summation and a 3% emergence successful the past 24 hours, achieving a highest that the cryptocurrency hadn’t seen successful 19 months.
Report: Bankman-Fried Struggles With Extortion Attempts Behind Bars successful Brooklyn’s MDC
Sam Bankman-Fried (SBF), antecedently a cardinal fig successful the crypto sphere, encountered a stark opposition to his past beingness astatine the Metropolitan Detention Center (MDC) successful Brooklyn. Gene Borrello, a past mob enforcer for the Bonanno transgression family, shared insights with writer Tiffany Fong astir the regular challenges SBF faces successful prison. Borrello’s revelations overgarment a representation of SBF grappling with threats of extortion and bouts of depression.
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