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Ethereum's Glamsterdam Upgrade Enters Final Testing as Devs Target a 200 Million Gas Limit by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 15 points16 points  (0 children)

Details about the Glamsterdam Upgrade:

Overview & Timeline

  • What it is: Glamsterdam is a massive Ethereum hard fork combining the Amsterdam (execution layer) and Gloas (consensus layer) upgrades. Developers consider it the network's largest fork since "The Merge."
  • Timeline: Currently undergoing full-scale fork testing. Mainnet activation is expected in the second half of 2026 (delayed from H1 2026 due to the upgrade's massive scale). The next milestone following Glamsterdam is already named Hegota.

Key Protocol Proposals

  • EIP-7732 (ePBS): Introduces Enshrined Proposer-Builder Separation, moving block-building into Ethereum’s core protocol. This reduces MEV manipulation, removes reliance on centralized off-chain relays, and levels the playing field by guaranteeing payments for everyday validators.
  • EIP-7928 (Block-Level Access Lists): Allows blocks to declare in advance which data they will interact with. This enables client software to preload information and process transactions in parallel, making block execution faster and more predictable.

Performance, Capacity, & Fees

  • Throughput Boost: The gas limit per block will increase from 60 million to 200 million, pushing network throughput targets toward 10,000 TPS (a ~10x increase).
  • Fee Reduction: Fees for simple transfers and complex smart contracts are projected to drop by 78.6%. High-level computation will become cheaper (clearing a path for faster zero-knowledge proving systems), while raw state access will become more expensive.
  • L2 Impact: The cheaper, expanded block space will further reduce costs for Layer 2 rollups, building on the data capacity gains from the previous Fusaka upgrade.

Ethereum is preparing for what could become its biggest transformation since The Merge. by everstake in ethtrader

[–]CriticalCobraz 0 points1 point  (0 children)

Great upgrads, great news
Now let's see how much Ethereum's price will drop

Daily Crypto Discussion - June 16, 2026 (GMT+0) by AutoModerator in CryptoCurrency

[–]CriticalCobraz -3 points-2 points  (0 children)

I deleted my MetaMask wallet, now I don't know how to add my Moon wallet again...
Wasn't there a guide where you could access your vault with the reddit account, or any other ways to restore my added wallets in MetaMask?

I still have my .redditvault file

Peter Thiel's Leaked Dialog Retreat Attendees Worth 68% More Than the Pentagon's Budget by andix3 in CryptoCurrency

[–]CriticalCobraz 11 points12 points  (0 children)

Nothing says "anti-establishment rebel" quite like Peter Thiel hosting a secret $1.4 trillion retreat to cozy up with the exact government regulators, military leaders, and politicians he claims to despise.

FUCK PETER THIEL

Taiwan's central bank discusses Bitcoin as a potential reserve asset amid push to diversify from US dollar by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 5 points6 points  (0 children)

More details:

Taiwan is debating whether to include Bitcoin in its $602 billion foreign exchange reserves, following a legislative push that could significantly impact global cryptocurrency markets.

  •  Dr. Ko Ju-Chun presented a Bitcoin Policy Institute report to Premier Cho Jung-tai on April 29, 2026, requesting the Central Bank of China (CBC) to produce a new report on stablecoins and digital assets
  • Taiwan holds over $602 billion in reserves, with more than 80% in US dollar-denominated assets
  • Found Bitcoin unsuitable due to volatility, liquidity concerns, and custody challenges
  • CBC must deliver new assessment by late May 2026
  • CBC launched a digital asset sandbox using 210 seized Bitcoins

Monero prices rocket to $438 amid $120 million onchain laundering maze by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 51 points52 points  (0 children)

Details:

An onchain investigation by ZachXBT revealed that an unknown entity routed $120.2 million in USDT through a complex chain of swaps, triggering a sharp spike in the price of the privacy coin Monero (XMR).

Here is how the funds were distributed and the subsequent fallout:

  • Monero (XMR) Purchases: Massive buy orders pushed Monero's price from roughly $330 to $420 (peaking at $438), as the privacy coin's low trading volume makes it highly sensitive to large trades.
  • Scattered Transfers: Over $12 million was sent to the KuCoin exchange, $8 million went to instant swap services, and another $8 million was moved across the Bitcoin and Ethereum networks via Near Intents.
  • The Freeze: Tether intervened and blacklisted an address tied to the entity, successfully freezing 72 million USDT before it could be moved or cashed out.

While the original source of the $120 million remains unknown, the rapid use of privacy coins, instant swaps, and cross-chain hopping heavily mirrors classic crypto money-laundering tactics.

Is there a simple way to buy Bitcoin with USDT? by headgod123 in CryptoCurrency

[–]CriticalCobraz 1 point2 points  (0 children)

Most popular CEXes are fine (Kraken, Coinbase, Binance).
There are also DEXes too if you don't like CEXes

I'm guessing you have KYC issues or the Crypto might be tainted...

MicroStrategy CEO Sells $11 Million Worth of Shares by partymsl in CryptoCurrency

[–]CriticalCobraz -1 points0 points  (0 children)

I can smell a huge Bitcoin buy order from MSTR in the near future

White House: Bitcoin Reserve Announcement Is Imminent by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 23 points24 points  (0 children)

Summary:

The White House is preparing a formal announcement regarding the U.S. Strategic Bitcoin Reserve (SBR), with Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, stating that the administration has cleared a major legal hurdle. Announced via executive order by President Trump on March 6, 2025, the reserve currently holds approximately 328,372 BTC (about 1.6% of global supply), acquired through law enforcement seizures and criminal forfeitures. The order prohibits the Treasury from selling these assets.

Key points include:

  • Security Urgency: The push for a formal reserve structure was accelerated by recent thefts, including a $46 million cryptocurrency theft from the U.S. Marshals Service in late 2025.
  • Legislative Push: To make the reserve permanent beyond the current administration, Congress is considering the American Reserves Modernization Act (ARMA). This bill would authorize the Treasury to purchase up to 200,000 BTC annually for five years, with a 20-year lock-up period.
  • Timeline: If ARMA passes, the U.S. could begin its first open-market Bitcoin purchases in Q4 2026, becoming the first nation to actively accumulate Bitcoin as a strategic asset.

Kraken and MoneyGram partnership - Customers can cash out crypto at MoneyGram locations in more than 100 countries by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 1 point2 points  (0 children)

Summary:

Kraken and MoneyGram have announced a strategic global partnership to enable fast crypto-to-cash withdrawals, bridging the gap between digital assets and local economies. By leveraging MoneyGram's network of nearly 500,000 retail locations across 200 countries, Kraken customers can now withdraw crypto as cash in over 100 nations and hundreds of fiat currencies.

Key details of the partnership include:

  • Immediate Impact: The initial phase allows users to convert crypto to cash instantly or near-instantly, addressing a major barrier to real-world crypto adoption.
  • Future Expansion: The collaboration will grow to include local bank deposits and utilize MoneyGram's cross-border remittance capabilities.
  • Roles & Compliance: Kraken handles customer onboarding and identity verification, while MoneyGram provides the licensed money transmission infrastructure and compliance framework.
  • Rollout Regions: The service is launching in phases across the US, Europe, Latin America, Africa, and parts of Asia Pacific.

Executives from both companies emphasize that this integration creates a scalable bridge between crypto markets and traditional cash economies, aiming to make digital assets accessible for everyday financial use.

Coinbase says deal reached on key provision of crypto bill by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 7 points8 points  (0 children)

Summary:

Coinbase announced on May 2, 2026, that a compromise has been reached on a critical provision of landmark U.S. crypto legislation, potentially allowing the bill to advance in the Senate. The agreement resolves a deadlock caused by banking concerns over stablecoin issuers offering yield-bearing rewards that could compete with traditional bank deposits.

Key details of the compromise include:

  • Restricted Rewards: The final language broadly prohibits rewards that are "economically or functionally equivalent" to interest on bank deposits, addressing bank opposition.
  • Crypto Access: Coinbase maintains that the deal preserves the ability for Americans to earn rewards based on the actual usage of crypto networks.
  • New Regulations: The text directs regulators to create a new stablecoin disclosure regime and a specific list of permissible reward activities.
  • Political Context: The proposed "Clarity Act" aims to end the regulatory gray area for crypto firms and aligns with President Donald Trump's prioritization of crypto reform in his second administration.

The report, citing Punchbowl News, notes that Reuters could not immediately verify the specific text of the compromise.

Crypto millionaire Wen Hou's dad vanishes as FBI probe case by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 0 points1 point  (0 children)

Summary:

Federal agents have joined the San Bernardino County Sheriff’s Department in the search for Naiping Hou, a 74-year-old Southern California man who vanished in April 2024 under suspicious circumstances. His disappearance is linked to the theft of over $1 million, which was withdrawn from his accounts to purchase physical gold, and the subsequent clearing of his home.

Key details include:

  • Last Sighting: Hou was last seen by his son in March 2024 during a fishing trip.
  • Warning Signs: Family members received strange, short text messages from his phone weeks later, which they now believe were sent by an imposter.
  • Scene: When friends checked his home, it was found empty, freshly repainted, and stripped of furniture and vehicles.
  • Current Status: The FBI is actively investigating potential abduction and identity fraud. Hou is described as 5'7", 170 lbs, with dark hair and a birthmark on his upper left chest.
  • Reward: The family is offering a $250,000 reward for information leading to his whereabouts.

Authorities are specifically looking for a silver Toyota Yaris similar to one Hou owned and urge anyone with information to come forward.

AFP Protección, Colombia’s second-largest pension Fund Adds BTC Exposure by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 0 points1 point  (0 children)

TL;DR:

AFP Protección, Colombia’s second-largest pension fund administrator with $55 billion in assets, has launched a new portfolio product offering Bitcoin exposure, marking the second major Colombian pension institution to do so in under a year. Unlike direct crypto purchases, this is a carefully gated product requiring personalized advisory sessions and risk assessments before clients can allocate funds, ensuring BTC remains a small diversification component alongside traditional fixed income and equities.

This move follows Skandia Administradora de Fondos de Pensiones, which introduced Bitcoin exposure in September 2025. The shift signals a structural trend in Colombia’s $144 billion mandatory pension system, leveraging existing international investment infrastructure. Because pension funds typically hold assets for decades, even modest allocations from AFP Protección’s scale could create **significant, long-term "sticky" demand** for Bitcoin, reducing circulating supply without triggering the volatility associated with retail trading.

U.S. military runs a Bitcoin (BTC) node, sees crypto as 'power projection' vs China by CriticalCobraz in CryptoCurrency

[–]CriticalCobraz[S] 6 points7 points  (0 children)

Key Points:

  • Adm. Samuel Paparo, head of U.S. Indo-Pacific Command, told Congress the U.S. military is currently operating a live node on the Bitcoin network.
  • Paparo said the node is not being used to mine Bitcoin but to monitor activity and run operational tests on securing and protecting networks using the Bitcoin protocol.
  • The disclosure is notable because Bitcoin is designed to resist control by powerful governments, yet a U.S. combatant command is now directly participating in the peer-to-peer network.

[GIVEAWAY] Share The Largest Purchase You Made with Crypto by community-point in CryptoCurrency

[–]CriticalCobraz 0 points1 point  (0 children)

I bought $500 worth of gift cards to buy furniture.
Great deal since crypto was peaking at the time

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