Bitcoin‘s white paper celebrated its 17th anniversary on Friday, which is like a cake that’s been left out in the rain for a decade and still somehow tastes like victory. 🎂🌧️ Seventeen years ago, on Oct. 31, Satoshi Nakamoto published the Bitcoin white paper on the cryptography mailing list in 2008. One might say it was a very well-timed spell. 🧙♂️
The milestone was celebrated across the crypto community, with Treasury Secretary Scott Bessent participating in the moment. One can only imagine the existential dread of a government official suddenly being asked about blockchain by a crowd of people who think “decentralized” means “not a conspiracy.”
Bessent praised Bitcoin’s resilience in a tweet, which also highlighted the 17th anniversary of the Bitcoin white paper: “17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down.” A statement as reliable as a clockwork orange in a hurricane. ⚙️🌀
The Treasury Secretary’s tweet caught the attention of top crypto personalities, including Cardano founder Charles Hoskinson, who referred to it as something profoundly magical. One might say it’s the first time a U.S. official has ever been compared to a wizard’s pet dragon. 🐉💥
Something is profoundly magical about the sitting Treasury secretary of the United States tweeting about Bitcoin and its reliability
– Charles Hoskinson (@IOHK_Charles) November 1, 2025
“Something is profoundly magical about the sitting Treasury secretary of the United States tweeting about Bitcoin and its reliability,” Hoskinson wrote. A sentiment so profound, it could probably power a small village… or at least a very confused intern. 🧑💻
Cardano news
In recent news, cbADA borrow markets are now live on Base. CbADA is Coinbase’s wrapped version of Cardano (ADA) on Base, 1:1 backed by real ADA. The recent move is expected to open up more cross-chain DeFi possibilities. Because nothing says “financial innovation” like a piggy bank that’s also a spaceship. 🚀💰
In big news for Cardano, Input Output has revealed Ouroboros Phalanx, a new upgrade that will make network attacks way harder and more expensive while enabling up to 30% faster transactions. A security upgrade so robust, it’s like putting a dragon’s scale on a door. 🐉🛡️
Ouroboros Phalanx raises Cardano’s security bar with powerful protection against stake-based attacks – ensuring faster transactions and stronger network integrity. Because nothing says “stronger network” like a 30% speed boost. 🚀
At the time of writing, ADA was trading at $0.61 as it closed October down 24.55%. A price drop so dramatic, it’s like a squirrel trying to juggle pinecones-unimpressive but still trying. 🐿️📉
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2025-11-01 20:04