The Firm Will Stop Accepting New Users Starting Monday After U.K. Regulator FCA Last Week Restricted

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Bitcoin's Achilles' Heel? Core Developer Warns of Ordinals' Threat Amidst Rising Market Impact

The robustness of Bitcoin’s core stands in the spotlight as concerns emerge regarding a potential vulnerability within the system: ordinals. Recently brought to attention by Bitcoin core developer Luke Dashjr, these seemingly innocuous elements pose a significant concern, sparking discussions within the cryptocurrency community.

Bitcoin’s Vulnerability Unveiled by Core Developer Luke Dashjr’s insights have ignited debates online regarding the impact of ordinals on Bitcoin’s blockchain integrity. While some view these inscriptions as an evolutionary step for BTC, Dashjr has flagged them as spam, exploiting a vulnerability within Bitcoin Core. Dashjr’s tweet highlighted the exploitation of a blockchain vulnerability by inscriptions, labeling them as a threat to Bitcoin’s security. Despite concerns, he remains optimistic about resolving these issues before the upcoming v27 release next year. Market Impact and BTC Dynamics Amidst these discussions, Bitcoin’s value currently stands at $43,926.59, experiencing a marginal 24-hour decrease but marking an impressive 11.08% surge over the past week. However, the market cap dominance remains strong at 50.05%, reflecting its resilience despite the ongoing concerns. Ordinals’ Impact on the NFTs Market The sale of ordinals has set new records, notably with the recent sale of the eighth Honey Badger series inscription for 10.4 BTC on Magic Eden. This controversial yet trending addition to the BTC blockchain has sparked significant interest within the NFT community, with the Honey Badger series comprising 10K Ordinal Inscriptions. Reshaping the NFTs Landscape As the BTC market anticipates ETFs and breaches the $43,000 mark, the Ordinals’ active trading significantly contributes to BTC’s ascent. Despite concerns like the lack of smart contracts and high transaction gas prices, enthusiasm within the Ordinals community remains undeterred. Conclusion: A Dual Impact on Bitcoin While Ordinals’ evolution mirrors BTC’s growth, concerns linger about their long-term effects on the network’s security and integrity. The market impact and growing trade volumes of Ordinals indicate their substantial influence on the NFTs landscape and Bitcoin’s overall dynamics. As the cryptocurrency world grapples with this newfound vulnerability, the evolving narrative around Ordinals continues to shape the future of Bitcoin’s ecosystem. Industry observers closely monitor Bitcoin’s response and the community’s resilience amidst these emerging challenges. Read the full article

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The Snowball Effect

The Top 10 Financial Obstacles That Prevent People from Achieving Their Goals

The top 10 financial obstacles that prevent people from achieving their goals include:

Living beyond one's means

Lack of emergency savings

High credit card debt

No budget

No retirement savings plan

No investment portfolio

Over-reliance on a single source of income

No financial education

Neglecting insurance coverage

Not having a plan for paying off debt

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According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26 debu

#Blockchain #Crypto

Art Staff Inc, from Adweek Portfolio (1988)

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14 March 2023, Tuesday.

Today was a rough day. I've fallen a bit behind on my test schedule and the stress is killing me. Literally woke up and had a meltdown. On top of that my family keeps scheduling other things to do and it's so frustrating to have to follow everyone else's agenda at the cost of my time and sanity.

I solved a lot of tax questions today. Tomorrow I will revise a bit of gst law and do both a taxation test as well as a costing test.

Besides that, I started reading A Little Life by Hanya Yanagihara. It was recommended to me by a friend along with all sorts of trigger warnings, but I'm looking forward to taking my time with it.

Miss Cat looked so comical sitting in a empty yogurt container, that I had to try and capture that. She's more than doubled in size in the last four months.

-G

Framed Disassembled Nintendo Handhelds made by FUNBOXDesign

Leading The Revolution: Top 10 Blockchains By Daily Transactions

Let’s explore the 10 blockchains that are leading the charge in terms of daily transactions, along with their impressive daily transaction counts.