Altcoin News Official TheBitTimes.com

Jack Dorsey, former CEO of Twitter, and Luke Dash Jr., a Bitcoin Core developer, created a new Bitcoin (BTC) mining pool called OCEAN. Its creation surged amid controversy in the community while openly filtering Ordinals and BRC-20 transactions. On December 6, a privacy-focused Bitcoin wallet, Samourai Wallet, said that OCEAN is also censoring their transactions. According to Samourai Wallet, OCEAN has conclusively filtered their “Whirlpool coinjoin and BIP47 notification transactions.” Notably, Luke Dash Jr. answered the post, claiming there is a bug on the wallet’s software and not on OCEAN’s side. This is a bug in your software, not an intentional policy on our end. Why are you exceeding the standard 42 byte datacarrier size? What is this data even for? I've looked at trying to workaround it, but can't find any technical details. In any case, you should fix it on your… — Luke Dashjr (@LukeDashjr) December 7, 2023 Samourai Wallet could not directly answer this cla...

Blockchain infrastructure platform Paxos is said to be behind what appears to be the largest fee paid for one Bitcoin transaction . Paxos, a New York-based regulated blockchain firm behind stablecoins PYUSD, BUSD and USDP, appears to be the entity that overpaid $500,000+ to move just 0.074 BTC (~$1,911 at that time) to Binance. As crypto.news reported, the transaction — registered on Sept. 10 at 5:04 AM (UTC) — was first spotted by Whale Alert, a service that tracks crypto transaction s. An unidentified entity paid a whopping 19.82 BTC (~$511,512), while Bitcoin’s average transaction fee at that moment was at 0.000084 BTC (~$2), according to IntoTheBlock data. You might also like: Whale mistakenly pays record $500k fee to move $1.9k BTC Later, an X user under the alias mononaut said it was PayPal who paid the fees, which was thought to be a “fat-fingered” mistake at that time. BREAKING The fat fingers belong to PayPal https://t.co/pKN0w5SfKB — m...