Bitcoin, the first, most-traded, and best-known cryptocurrency. The digital currency was created by an anonymous computer programmer or group of programmers known as Satoshi Nakamoto in 2009. Owners of Bitcoins can use various websites to trade them for other cryptocurrencies or even physical currencies, such as U.S. dollars or euros, or can exchange them for goods and services from a number of vendors.
Nakamoto was concerned that traditional currencies were too reliant on the trustworthiness of banks to work properly. Nakamoto proposed a digital currency, Bitcoin, that could serve as a medium of exchange without relying on any financial institutions or governments. The proposal was made in October 2008 in a paper published on the Bitcoin website, which had been founded in August 2008.
Bitcoin relies on public-key cryptography, in which users have a public key that is available for everyone to see and a private key known only to their computers. In a Bitcoin transaction, users receiving Bitcoins send their public keys to users transferring the Bitcoins. Users transferring the coins sign with their private keys, and the transaction is then transmitted over the Bitcoin network. So that no Bitcoin can be spent more than once at the same time, the time and amount of each transaction is recorded in a ledger file that exists at each node of the network. The identities of the users remain relatively anonymous, but everyone can see that certain Bitcoins were transferred. Transactions are put together in groups called blocks. The blocks are organized in a chronological sequence called the blockchain. Blocks are added to the chain using a mathematical process that makes it extremely difficult for an individual user to hijack the blockchain. The blockchain technology that underpins Bitcoin has attracted considerable attention, even from skeptics of Bitcoin, as a basis for allowing trustworthy record-keeping and commerce without a central authority. $BTC
How to Trade on Binance:The Simplest Binance Guide You Will Ever Read💰
As a cryptocurrency enthusiast, you most likely want to know how to trade on Binance. You might be a Forex trader who wants to dip his toes into crypto trading or an expert crypto trader who has used other platforms. Binance is one of the most prominent cryptocurrency trading platforms. It provides you with a seamless experience when you are making your trades. Even so, buying and selling cryptocurrencies is a daunting task per se. The last thing you want is the added stress of not being able to
crypto fact: Fourteen years ago today, the mysterious creator of Bitcoin, Satoshi Nakamoto, sent his last known message. "I am now busy with other things." — this was the one line after which Satoshi's direct contact ended forever. No desire for fame, no apparent farewell. Just a simple message that sparked a global financial revolution. Today, Bitcoin is among the most valuable assets in the world. Satoshi's identity remains a mystery today — but their legacy lives on in every block. $BTC #Satoshi_Nakamoto
BLOCKCHAIN: A blockchain is a distributed database or ledger shared across a computer network's nodes. They are best known for their crucial role in cryptocurrency systems, maintaining a secure and decentralized record of transactions, but they are not limited to cryptocurrency uses. Blockchains can be used to make data in any industry immutable—meaning it cannot be altered.
crypto fact: China is the world's largest cryptocurrency miner.
The process of verifying various types of transactions before they are placed on the Blockchain's distributed ledger is known as cryptocurrency mining. It is a lucrative business, and China controls roughly 75% of the mining network.
Binance Will Delist ALPACA, PDA, VIB, WING on 2025-05-02
Fellow Binancians, At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics. When we conduct these reviews, we consider a variety
crypto fact: The person or organization that created the 'bitcoin' is unknown, which is the most popular and surprising fact about the cryptocurrency world. Many people have claimed to be the ones who started it, but none of them were credible sources.
'Satoshi Nakamoto' is the name given to the person who invented bitcoins. According to popular belief, it is an acronym for the world's leading technology companies, Samsung, Toshiba, Nakamichi, and Motorola.
crypto fact: Though cryptocurrency is quite a secure option for investment due to its wallet security, but it is still vulnerable to scammers who mine cryptocurrency using the processing power of your computer or phone. They do this without your permission for their own benefit. This is known as 'Cryptojacking', and it occurs when scammers install malicious code on your device.
How can you tell if your device is infected? Your phone or computer will become slower, and your battery will discharge more quickly....
CRYPTO FACT: When dealing with cryptocurrency, you must have a crypto wallet (digital wallet) with public and private keys. You are given a private key to gain access to it, and if you lose your private key, the chances of recovering it are slim to none.
Your digital funds will vanish into a vast crypto void. Because blockchain technology reduces the possibility of hacking, you are solely responsible for the loss of your digital money.
A credit card/debit card loss can still be traced back or recreated at the bank by providing identification proof, but when it comes to cryptocurrency, you must be extremely cautious. #Binance #MarketRebound
Elon Musk said Tuesday he’s preparing to step back from Washington starting May, just as Tesla tries
Elon Musk said Tuesday he’s preparing to step back from Washington starting May, just as Tesla tries to recover from a brutal financial quarter. Speaking during Tesla’s earnings call, Elon confirmed that his work at President Donald Trump’s Department of Government Efficiency (DOGE) will drop “significantly” by next month. The company’s stock shot up nearly 5% in after-hours trading once the words left his mouth. Elon told investors that while he’s stepping back, he’ll still help out with DOGE “
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#Vaulta Hey guys, Vaulta (EOS): Revolutionizing Web3 Banking with Security and Speed Vaulta, built on the EOS blockchain, is setting a new benchmark in decentralized banking. As a next-generation Web3 banking network, Vaulta merges the reliability of traditional finance with the transparency and efficiency of blockchain technology. It offers users complete control over their digital assets while enabling seamless, borderless transactions, staking, and DeFi integrations. Vaulta's architecture is designed for scalability, boasting ultra-fast transaction speeds and minimal fees—thanks to EOSIO's advanced infrastructure. Security remains a top priority, with robust smart contract protocols ensuring user funds and data remain protected. As adoption of decentralized finance accelerates, Vaulta stands out as a future-proof platform for individuals and institutions seeking innovative banking solutions on the blockchain. Join the movement towards open finance with Vaulta and be part of the Web3 banking revolution.
#TariffHODL "TariffHODL" refers to the strategic pause of tariff adjustments for 30 days, a move that has significantly influenced global financial markets, particularly the cryptocurrency sector. On February 3, 2025, President Trump announced a 25% tariff on imports from Mexico and Canada, and an additional 10% tariff on China. This announcement led to a sharp downturn in digital assets, with Bitcoin (BTC) losing the $102,000 level and plunging as low as $92,776 on Coinbase. citeturn0search0 In response to these developments, the U.S. government decided to delay the implementation of these tariffs for 30 days, allowing time for negotiations with Mexico and Canada. This decision was confirmed by both Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau. citeturn0search1