Thanks to Satoshi Nakamoto for creating #Bitcoin and bringing new hope to people all around the world.
Santana de Parnaíba, Brasil
Joined October 2017
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#Binance hack,
everyone panicking…
relax, little grasshopper.
That’s butterfly’s🦋 pee 💦 next to Binance’s reserves.
With Binance, it’s nothing.
Proof of Reserves shows backing above 100% on the main client assets.
Hundreds of thousands of bitcoins sit in verifiable cold wallets. Binance covered it with the #SAFU fund and its own resources. Part of what was taken has already been frozen by Tether.
In a traditional bank, you don’t see the deposit: fractional reserve, periodic balance sheet, no public verification. Here the backing is on-chain and checkable. Operational risk exists in the hot wallets , this episode, which wasn’t the first, won’t be the last and CEX should always be prepared to handle this kind of situation.
But Binance moves more than $50 billion every 24 hours and earns more than $1 billion a month… with no risk of borrower defaults or getting stuck with rotten government debt like 2023 banks.
The difference in transparency is absurd. The reserves are far stronger and the company is way more profitable than any traditional bank.
Don’t sell in panic.
Look for buying opportunities.
@binance @BinanceBrasil @cz_binance #Binance #BNBchain
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Jesus Crypto retweeted
With security incidents on the rise across DeFi, we're taking a proactive step: upgrading the security design of our infrastructure and running a full round of internal checks.
Because this work touches the contracts that handle trading fee buybacks, this week's trading fee buyback & burn will be postponed to next Monday, Nov 16.
To be clear:
→ PancakeSwap and user funds are not affected
→ The burn of this week's unused CAKE emissions still goes ahead as normal
→ This week's trading fee buyback & burn will be carried forward and executed in full
→ Trading, liquidity and all other products run as normal
Security comes first, always. Thanks for your patience 🩵
Jesus Crypto retweeted
Pèp ayisyen,
Dessalines te libere Ayiti, men kèk moun ki te bò kote l te trayi l epi touye l. Moun ki te sanble avè l, ki te pale menm lang avè l, men ki pa t gen menm prensip avè l. Se te trèt ki t ap chèche sèlman avantaj pèsonèl yo, e ki te plonje Ayiti nan plizyè jenerasyon soufrans ak mizè.
Trèt sa yo toujou egziste ann Ayiti. Yo pa eritye Dessalines, yo se eritye trèt ki te asasinen l yo e ki te detwi eritaj li. Genyen ki manm gang, gen lòt ki finanse gang yo oswa ki ba yo zam, e gen kèk ladan yo k ap fè tout sa yo kapab pou anpeche pèp ayisyen an jwenn libète li.
Wi, anpil etranje te piye Ayiti, men anpil Ayisyen te fè menm bagay la tou. Yo te kolabore ak etranje sa yo, sèvi ak zam yo, vann dwòg yo, kontwole teritwa pou yo, epi fè pèp la sibi soufrans moun pa menm ka imajine.
Èske nou panse etranje sa yo t ap kapab fè tout bagay sa yo san èd moun sa yo? Kiyès k ap lonje zam sou nou? Kiyès k ap touye moun nou renmen yo? Kiyès ki vòlè kay nou ak byen nou yo, si se pa menm kalite bandi trèt ak sa yo ki te trayi epi asasinen Dessalines?
Nou kapab ede nou bat yo, men nou pa anvayisè. Nou se moun ki gen kouraj menm jan ak nou. Fòk nou leve kanpe, reprann kontwòl kominote nou yo, epi mete moun k ap fè nou sibi tout doulè sa yo, tout soufrans sa yo, anba kontwòl nou.
N ap la menm bò kote nou. N ap ede nou reprann peyi nou anba men trèt ki trayi eritaj Dessalines yo.
Epi, finalman, Ayiti ap lib.
Isso nunca irá acontecer com cripto
Utilizando criptoativos você sempre terá total autonomia sobre seu capital.
Nunca uma instituição dirá se você pode ou não transferir seu dinheiro
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Jesus Crypto retweeted
Presidente Bukele, su nombre quedará grabado para siempre en la memoria del pueblo haitiano. Si logra alcanzar el objetivo de contribuir a erradicar las pandillas y devolverle la paz y la seguridad a Haití, su legado y el de El Salvador serán recordados con gratitud.
Jesus Crypto retweeted
Florida elected a Republican governor who backed a U.S. Bitcoin reserve. Texas elected a Democratic senator who voted to create one for his state. The case for holding Bitcoin crosses party lines.
Smells like securities
youtu.be/xfwpAhlVALQ?is=7uwF…
🇺🇸 NOW: Democrats win the US House and take full control of Congress, per AP.
Could this change the course of crypto in the US?
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There was a moment when the law still required that a conviction confirmed by every available court be respected. That moment ended in November 2019.
A man stood convicted. The sentence had been rendered by a federal judge, confirmed by an appellate court, and treated as final for the purpose of imprisonment under the very rule the Supreme Court itself had declared. He entered prison. Then the same Court, by a single vote, changed the rule. The President of the Court, Dias Toffoli, cast the deciding ballot. The prisoner walked free. Not because new evidence appeared. Not because the appellate judgment was overturned on the merits. Because the highest court decided, in the middle of the case, that the standard it had previously applied no longer applied to him.
Two years later the same institution went further. The convictions themselves were annulled. Jurisdiction was declared improper. The original judge was declared biased. The cases were sent elsewhere and allowed to expire. The man who had been barred from the ballot returned to the presidency. Those who defend these acts speak of correction. Those who examine the sequence see something else: a court that first altered the rule of imprisonment while a political prisoner remained inside the walls, and then erased the judgments that had placed him there.
At the same moment the Court opened an inquiry against its critics. Inquiry 4781 was not requested by the Public Ministry. It was not assigned by lottery. It was created by the President of the Court and delivered, by name, to a single justice. The inquiry investigated threats to the Court, and the Court was both the victim and the investigator. One justice alone warned that the procedure could become limitless. He was outvoted ten to one. For seven years the inquiry operated largely in secret, produced freezes and suspensions, and placed the ordinary machinery of accusation under the direction of the very tribunal that claimed to be under attack.
The man who opened that inquiry had spent the better part of his career inside the Workers’ Party. He had advised its congressional leadership. He had served as counsel to its presidential campaigns. He had worked under its most powerful minister and had been named Attorney General by the very president whose later convictions the Court would undo. He was elevated to the Supreme Court by that president. The professional bond was not hidden. It was the public record of his rise.
What the record shows is this. A conviction confirmed through the ordinary courts was undone by the extraordinary court. An inquiry opened without the Public Ministry was placed in the hands of one justice and sustained for years. The justice who opened it had long and documented service to the political force that benefited from the annulment. The Court that changed the rule of imprisonment while the prisoner sat in a cell later erased the sentences that justified the cell.
Institutions do not protect themselves by concentrating the power to investigate, to imprison, and to free in the same hands. They protect themselves by refusing that concentration. The votes were cast. The history was written. The question that remains is whether a republic can survive when the highest court reserves to itself the power both to open the inquiry and to close the prison door. 🚪
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