Bitcoin upgrade strengthens network
10:17 , Anthony Cuthbertson
Bitcoin has received its first major upgrade in four years, after miners approved a protocol known as Taproot.
Miners claim it will make bitcoin’s network more robust and strong, while making it more private by essentially making every transaction appear to be of the same kind on the blockchain.
Crypto exchange OKcoin explains: “BTC transactions are publicly broadcasted on the blockchain, and since different types of transactions have different digital fingerprints, it’s pretty easy to obtain identifying information about specific transactions.
“How’s that an issue? Well, being able to track the past use of certain coins can ‘taint’ them and make them less valuable than ‘clean’ coins. It directly hurts bitcoin’s fungibility.”
The upgrade will officially activate in November.
I was given access by Delacey for a few days, but this no longer works. When I did have access, he sent me a message on Discord with a link to the Argo server/chat. I have also sent him messages (on here and on Discord) but unfortunately no reply :(
You might benefit from doing a bit of research regarding buy/sell prices to help explain the reson for this. There is nothing suspicious or AIM trying to mislead anyone. This topic has been covered on here so may times, it is all to do with the mid-price. See below a useful link explaining the anomaly;
https://themaskedstocktrader.blogspot.com/2015/01/why-are-buys-showing-as-sellsthere-are.html
Corporate Update
Throughout 2020, the Board engaged with multiple candidates and explored numerous potential Reverse Takeover ('RTO') transactions. The Board is now working towards completing the previously announced RTO transaction with a UK based anti-body drug conjugate drug discovery and development company.
Confidential marketing has begun for a fundraising to accompany the RTO transaction. The Board expects that further details of the transaction will be announced later in May with a General Meeting and shareholder vote to follow thereafter.
In support of the transaction, the Board has agreed to forgo all previously agreed cash incentives tied to the occurrence of an RTO.
In preparation for the completion of the RTO, Jonathan Gold will step down from his role as an Executive Director and become a Non-Executive Director, with immediate effect. We thank Jonathan for his leadership and collaboration with the Board in advancing what we consider to be a compelling and value-creating RTO opportunity for Motif's shareholders. Jonathan is expected to continue as a Non-Executive Director of the enlarged group following the completion of the RTO.
Bruce Williams, Chairman of Motif Bio, said: On behalf of the Board, I wish to express our appreciation for the valued support and patience of Motif's various stakeholders as we work to complete the RTO.
During the month of April, Argo mined 163 Bitcoin or Bitcoin Equivalent (together, "BTC") compared to 165 BTC in March.
Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in April amounted to £6.70 million (March 2021: £6.57 million). Argo generated this income at an average monthly mining margin of approximately 85% for the month of April (March 2021: 84%).
From the Nasdaq listing guide (https://listingcenter.nasdaq.com/assets/initialguide.pdf);
Listing Timeline
While it generally takes four to six weeks to process a listing application, this time frame is variable and may
be shortened considerably, if the application raises no issues and the company responds quickly to Staff
comments.
Week 1. Company submits application for listing and Nasdaq Listing Qualifications Staff begins its review.
Weeks 2-3. Staff completes its preliminary review and prepares comment letter.
Weeks 3-4. Company addresses any issues raised by Staff.
Weeks 5-6. Staff completes their review and company is approved for listing.
From City AM today;
https://www.msn.com/en-gb/money/other/wework-to-accept-crypto-payments/ar-BB1fR8mo?ocid=entnewsntp