• Home
  • News
  • About
  • Contact Us
Newsletter
Cryptoinsiders24.Com — news about the cryptocurrency market
  • Home
  • News
  • About
  • Contact Us
No Result
View All Result
  • Home
  • News
  • About
  • Contact Us
No Result
View All Result
Cryptoinsiders24.Com — news about the cryptocurrency market
No Result
View All Result
Home News

Bitcoin advocate criticized for backing wallet authentication project

Kevin Whitley by Kevin Whitley
September 28, 2022
in News
0
Bitcoin advocate criticized for backing wallet authentication project
3
SHARES
20
VIEWS
Share on FacebookShare on Twitter

Related articles

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

May 11, 2026
Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

March 12, 2024

After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments.

Crypto Twitter has gone after Nic Carter, a prominent advocate of Bitcoin (BTC), for his involvement in Dynamic, a third-party wallet authentication project that could potentially prevent wallet transactions to be performed if a wallet is categorized as risky. 

In a tweet, Carter shared his excitement in backing the project, tweeting Dynamic’s announcement about a recently completed $7.5 million raise led by Andreessen Horowitz (a16z). Following this, users flocked to Carter’s Twitter, expressing their disappointment because of the move.

Twitter user Lifetheuniverce argued that what Dynamic is creating is the “antitheses of what Bitcoin was created for.” The Twitter user said that the community needs less permissions and monitoring. According to Lifetheuniverce, they should be allowed to transact without any potential “veto” from a third party.

Samson Mow, the CEO of JAN3, a firm that supports Bitcoin adoption, criticized Carter by saying that the move is “not something to be proud of.” In addition to this, Twitter user Benthecarman also mocked Carter because of supporting what they alleged as a “survelliance software.”

Despite the criticisms, Carter stood his ground, responding to the allegations on Twitter. He also called his critics irrelevant and asked those who disagree with his investments to simply unfollow him on the social platform. “If you have any issues with what I or my firm invests in, please go ahead and unfollow,” he tweeted.

Related: Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator

Earlier in June, lending platform Solend approved a whale wallet takeover plan to avoid the liquidation of a Solana whale that could trigger decentralized finance (DeFi) implosion. However, due to backlash from community members, the project decided to create a second vote to invalidate the initial proposal.

Instead of forcibly taking over the whale’s wallet, the Solend team has decided to coordinate with the whale to find solutions like transferring some of the debt to another DeFi platform called Mango Markets.

Share1Tweet1

Related Posts

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

by jane
May 11, 2026
0

The Markets in Crypto-Assets Regulation (MiCA), which took full effect on 30 December 2024, introduced a single, EU-wide rulebook for...

Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

by jane
March 12, 2024
0

The crypto space is a land of opportunity, but it's also riddled with potential pitfalls. Sponsored content can be a...

Bitcoin’s Remarkable Surge: What’s Behind It?

Bitcoin’s Remarkable Surge: What’s Behind It?

by Loretta Williamson
October 25, 2023
0

Bitcoin is once again making headlines as it surges past the $35,000 mark, reaching a level not seen since May...

Bitcoin Dominance Surges as Ether and DeFi Tokens Face Market Headwinds

Bitcoin Dominance Surges as Ether and DeFi Tokens Face Market Headwinds

by Loretta Williamson
October 18, 2023
0

In a day marked by shifting tides in the cryptocurrency market, Bitcoin (BTC) has once again asserted its dominance, outperforming...

JPMorgan’s Tokenization Platform, TCN, Goes Live with BlackRock Leading the Way

JPMorgan’s Tokenization Platform, TCN, Goes Live with BlackRock Leading the Way

by Loretta Williamson
October 12, 2023
0

Blockchain-Based Tokenized Collateral Network Settles First Trade, Revolutionizing Asset Utilization JPMorgan, a major player in the U.S. banking sector, has...

Load More
  • Trending
  • Comments
  • Latest
The Cause Behind Ethereum’s (ETH) Significant Price Drop

The Cause Behind Ethereum’s (ETH) Significant Price Drop

June 29, 2023
Soulbound Tokens: Social credit system or spark for global adoption?

Soulbound Tokens: Social credit system or spark for global adoption?

September 28, 2022
Технический директор CoinW подтвердил, что криптовалютная биржа полностью выплатила компенсацию пользователям, пострадавшим от ненормальных колебаний цен

Технический директор CoinW подтвердил, что криптовалютная биржа полностью выплатила компенсацию пользователям, пострадавшим от ненормальных колебаний цен

September 28, 2022
Play-to-Earn vs. Move-to-Earn explained

Play-to-Earn vs. Move-to-Earn explained

September 28, 2022
Russian tech and political executives denounce crypto ban proposal

Russian tech and political executives denounce crypto ban proposal

0
Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week

Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week

0
Bank of Korea completes first phase of digital currency pilot

Bank of Korea completes first phase of digital currency pilot

0
No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

0
Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

May 11, 2026
ORACLE MEME ($OMEME): The Best Meme Project Launched So Far

ORACLE MEME ($OMEME): The Best Meme Project Launched So Far

June 14, 2024
Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

March 12, 2024
Red Sea Crisis Escalates: Houthi Attacks Halt Global Shipping, Sparking Market Volatility

Red Sea Crisis Escalates: Houthi Attacks Halt Global Shipping, Sparking Market Volatility

March 4, 2024
Cryptoinsiders24.Com — news about the cryptocurrency market

cryptoinsiders24.com offers original coverage of the global blockchain and cryptocurrency news, provides opinions, reviews, guides, introduces.

Categories tes

  • News
  • Uncategorized

Tags

bitcoin blockchain nft OnlyFans

Contact us

[email protected]

  • Home
  • News
  • About
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • News
  • About
  • Contact Us

cryptoinsiders24.com © 2022.