Crypto News : Satoshi Nakamoto’s Birthday, Binance Rejects Justin Sun's Offer, Bitcoin White Paper on Apple and More

 


Welcome to your daily dose of Coinpedia crypto news, Crypto markets take a rollercoaster ride as Ethereum hits an eight-month high before plummeting to $1,800, while Bitcoin stays stable in the $28,000 range. Altcoins like Dogecoin, Ripple, Litecoin, and Solana land in the reds, except for the top gainer Klaytn, which jumps over 16 percent in 24 hours. The global crypto market cap stands at $1.19 trillion, facing a 24-hour dip of 1.04 percent.

Latest  News 

Binance Says No to Justin Sun's Offer to Buy Huobi Stake


Binance, one of the world's leading cryptocurrency exchanges, recently declined an offer from Justin Sun to buy his ownership stake in rival exchange Huobi. The reason behind this is that Binance has no interest in acquiring Huobi due to rumored ties to mainland China, which Binance wants to avoid. Justin Sun's involvement with Huobi has been secretive, with his representatives denying involvement, but Huobi confirming he is a leader of the company. The news had an impact on the price of Tron's TRX token, which fell to its lowest price in the past 24 hours.


Arbitrum Foundation Responds to ARB Holders with Governance Changes


The Arbitrum Foundation has proposed two motions to expand ARB token holders' governance powers and budget oversight after last weekend's crypto governance debacle. The foundation has pledged not to move 700 million ARB tokens until the community approves an acceptable budget for the sum, and has proposed actions to make governance more accessible. The proposals aim to curb the foundation's powers and increase those of community members by placing the foundation's remaining ARB in a smart contract-controlled lockup and amending governance documents for the Arbitrum ecosystem. The proposals will be put up for a week-long snapshot vote after three days of feedback from the DAO's members. However, the foundation has already sold 10 million ARB tokens and loaned a further 40 million to Wintermute.


The Mystery Behind Satoshi's Birthday: What We Know and What We Don't


The birthdate of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is Apr. 5, 1975, as registered on P2PFoundation.ning.com. Interestingly, on Apr. 5, 1933, U.S. President Franklin D. Roosevelt issued Executive Order 6102, which made it illegal for American citizens to own gold, as part of efforts to combat the Great Depression. The connection between Satoshi's birthdate and the gold ban has sparked curiosity about the Bitcoin creator's motivations and vision, with many believing it alludes to the disruptive and revolutionary nature of Bitcoin as a decentralized digital currency offering an alternative to government-controlled fiat currencies. However, the true identity of Nakamoto remains a mystery, leaving the enigmatic connection open to further speculation.


How to Access Bitcoin White Paper on Apple Computers


The Bitcoin white paper, showcasing Satoshi Nakamoto's vision for decentralized cash based on a public ledger, has been discovered hidden deep inside Apple’s system files for machines running macOS Catalina or later. The document was found by an independent blogger, Andy Baio, on his Waxy blog while trying to fix his printer and is located in an obscure folder in macOS. To access the document, one can use a specific command in Terminal or navigate through Finder and open the VirtualScanner.app to show package contents and access the file.


Trump Predicts China's Yuan to Become the Top Currency, Overtaking U.S. Dollar


Former US President Donald Trump recently shared his thoughts on his Truth Social account, predicting that China's yuan will replace the US dollar as the world's leading currency. Trump believes that such a scenario was "unthinkable" three years ago, but now it is likely to happen in Biden's regime. He added that the dollar's displacement would be the "biggest defeat" for America in its history, and the country's status would drop down to the second tier. Three congressmen have introduced a "Gold Standard" bill to facilitate the re-pegging of the currency to a fixed weight of gold bullion, to help the US dollar regain a stronger hold due to its unstable state.


That’s all for today’s crypto news from Coinpedia! Keep an eye out for more exciting developments in the world of cryptocurrencies.




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