• bitcoinBitcoin (BTC) $ 116,979.00
  • ethereumEthereum (ETH) $ 4,500.42
  • xrpXRP (XRP) $ 3.02
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 951.05
  • solanaSolana (SOL) $ 234.68
  • usd-coinUSDC (USDC) $ 0.999704
  • dogecoinDogecoin (DOGE) $ 0.266298
  • staked-etherLido Staked Ether (STETH) $ 4,496.52
  • tronTRON (TRX) $ 0.339966
  • cardanoCardano (ADA) $ 0.873965
  • wrapped-stethWrapped stETH (WSTETH) $ 5,458.45
  • chainlinkChainlink (LINK) $ 23.35
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,856.87
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 116,963.00
  • hyperliquidHyperliquid (HYPE) $ 54.56
  • ethena-usdeEthena USDe (USDE) $ 0.998743
  • suiSui (SUI) $ 3.59
  • avalanche-2Avalanche (AVAX) $ 29.65
  • figure-helocFigure Heloc (FIGR_HELOC) $ 0.997245
  • stellarStellar (XLM) $ 0.382530
  • wrapped-eethWrapped eETH (WEETH) $ 4,835.21
  • bitcoin-cashBitcoin Cash (BCH) $ 598.55
  • wethWETH (WETH) $ 4,496.84
  • hedera-hashgraphHedera (HBAR) $ 0.236494
  • leo-tokenLEO Token (LEO) $ 9.54
  • litecoinLitecoin (LTC) $ 114.46
  • usdsUSDS (USDS) $ 0.999603
  • the-open-networkToncoin (TON) $ 3.14
  • crypto-com-chainCronos (CRO) $ 0.229540
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 116,888.00
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • polkadotPolkadot (DOT) $ 4.19
  • whitebitWhiteBIT Coin (WBT) $ 43.87
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.219105
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • moneroMonero (XMR) $ 314.31
  • uniswapUniswap (UNI) $ 9.24
  • mantleMantle (MNT) $ 1.69
  • ethenaEthena (ENA) $ 0.678701
  • bitget-tokenBitget Token (BGB) $ 4.99
  • pepePepe (PEPE) $ 0.000011
  • daiDai (DAI) $ 0.999766
  • aaveAave (AAVE) $ 295.86
  • okbOKB (OKB) $ 195.55
  • memecoreMemeCore (M) $ 2.42
  • jito-staked-solJito Staked SOL (JITOSOL) $ 288.26
  • nearNEAR Protocol (NEAR) $ 2.69
  • bittensorBittensor (TAO) $ 344.07
  • ondo-financeOndo (ONDO) $ 1.01
  • story-2Story (IP) $ 10.10
  • ethereum-classicEthereum Classic (ETC) $ 20.36
  • aptosAptos (APT) $ 4.41
  • worldcoin-wldWorldcoin (WLD) $ 1.49
  • myx-financeMYX Finance (MYX) $ 15.21
  • binance-staked-solBinance Staked SOL (BNSOL) $ 251.98
  • pi-networkPi Network (PI) $ 0.355808
  • usdt0USDT0 (USDT0) $ 0.999868
  • pump-funPump.fun (PUMP) $ 0.007850
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,494.55
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.256342
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • arbitrumArbitrum (ARB) $ 0.491673
  • internet-computerInternet Computer (ICP) $ 4.72
  • kaspaKaspa (KAS) $ 0.085628
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.80
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 54.73
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • susdssUSDS (SUSDS) $ 1.07
  • cosmosCosmos Hub (ATOM) $ 4.51
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.033550
  • vechainVeChain (VET) $ 0.024371
  • algorandAlgorand (ALGO) $ 0.236208
  • kucoin-sharesKuCoin (KCS) $ 15.93
  • rocket-pool-ethRocket Pool ETH (RETH) $ 5,131.41
  • gatechain-tokenGate (GT) $ 16.92
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,735.89
  • render-tokenRender (RENDER) $ 3.82
  • fasttokenFasttoken (FTN) $ 4.49
  • sei-networkSei (SEI) $ 0.314959
  • falcon-financeFalcon USD (USDF) $ 0.999859
  • bonkBonk (BONK) $ 0.000024
  • usdtbUSDtb (USDTB) $ 1.00
  • hash-2Provenance Blockchain (HASH) $ 0.035925
  • filecoinFilecoin (FIL) $ 2.54
  • official-trumpOfficial Trump (TRUMP) $ 8.57
  • flare-networksFlare (FLR) $ 0.023024
  • skySky (SKY) $ 0.073295
  • bfusdBFUSD (BFUSD) $ 1.00
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,735.77
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.636505
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,855.70
  • jupiter-exchange-solanaJupiter (JUP) $ 0.505862
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,022.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,762.57
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • immutable-xImmutable (IMX) $ 0.728366
  • tether-goldTether Gold (XAUT) $ 3,682.79
  • optimismOptimism (OP) $ 0.774283
  • xdce-crowd-saleXDC Network (XDC) $ 0.075976
  • injective-protocolInjective (INJ) $ 13.74
  • celestiaCelestia (TIA) $ 1.71
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 266.55
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • nexoNEXO (NEXO) $ 1.29
  • wbnbWrapped BNB (WBNB) $ 950.38
  • spx6900SPX6900 (SPX) $ 1.30
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 116,719.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,828.96
  • blockstackStacks (STX) $ 0.649924
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997852
  • aerodrome-financeAerodrome Finance (AERO) $ 1.28
  • sonic-3Sonic (S) $ 0.300920
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.12
  • saros-financeSaros (SAROS) $ 0.408297
  • lido-daoLido DAO (LDO) $ 1.19
  • pax-goldPAX Gold (PAXG) $ 3,690.07
  • msolMarinade Staked SOL (MSOL) $ 310.14
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999370
  • curve-dao-tokenCurve DAO (CRV) $ 0.726327
  • super-oethSuper OETH (SUPEROETH) $ 4,493.98
  • the-graphThe Graph (GRT) $ 0.093744
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 116,662.00
  • flokiFLOKI (FLOKI) $ 0.000097
  • pyth-networkPyth Network (PYTH) $ 0.162463
  • dogwifcoindogwifhat (WIF) $ 0.926452
  • kaiaKaia (KAIA) $ 0.157667
  • conflux-tokenConflux (CFX) $ 0.178613
  • clbtcclBTC (CLBTC) $ 117,607.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.58
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,403.35
  • raydiumRaydium (RAY) $ 3.21
  • pendlePendle (PENDLE) $ 4.98
  • fartcoinFartcoin (FARTCOIN) $ 0.838520
  • zcashZcash (ZEC) $ 51.06
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,502.38
  • tezosTezos (XTZ) $ 0.768997
  • theta-tokenTheta Network (THETA) $ 0.813966
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.24
  • aethirAethir (ATH) $ 0.065775
  • galaGALA (GALA) $ 0.016908
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.32
  • fourFour (FORM) $ 1.97
  • iotaIOTA (IOTA) $ 0.186528
  • vaultaVaulta (A) $ 0.472411
  • ether-fiEther.fi (ETHFI) $ 1.46
  • the-sandboxThe Sandbox (SAND) $ 0.299516
  • ripple-usdRipple USD (RLUSD) $ 0.999973
  • ousgOUSG (OUSG) $ 112.59
  • tbtctBTC (TBTC) $ 116,702.00
  • jasmycoinJasmyCoin (JASMY) $ 0.014267
  • jito-governance-tokenJito (JTO) $ 1.82
  • stader-ethxStader ETHx (ETHX) $ 4,812.76
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.265708
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997909
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,497.41
  • morphoMorpho (MORPHO) $ 1.99
  • newton-projectAB (AB) $ 0.008447
  • decentralandDecentraland (MANA) $ 0.339880
  • flowFlow (FLOW) $ 0.400367
  • bittorrentBitTorrent (BTT) $ 0.00000064
  • beldexBeldex (BDX) $ 0.085214
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,946.78
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,817.32
  • walrus-2Walrus (WAL) $ 0.426934
  • swethSwell Ethereum (SWETH) $ 4,896.17
  • global-dollarGlobal Dollar (USDG) $ 0.999802
  • usual-usdUsual USD (USD0) $ 0.998568
  • starknetStarknet (STRK) $ 0.133985
  • build-onBUILDon (B) $ 0.542252
  • loaded-lionsLoaded Lions (LION) $ 0.017657
  • vision-3Vision (VSN) $ 0.164141
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 116,850.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,485.41
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 36.23
  • bitcoin-svBitcoin SV (BSV) $ 26.00
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.52
  • usddUSDD (USDD) $ 1.00
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,494.69
  • frax-etherFrax Ether (FRXETH) $ 4,475.32
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 259.47
  • true-usdTrueUSD (TUSD) $ 0.999612
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.997288
  • based-brettBrett (BRETT) $ 0.049768
  • dydx-chaindYdX (DYDX) $ 0.624753
  • heliumHelium (HNT) $ 2.61
  • syrupMaple Finance (SYRUP) $ 0.434578
  • neoNEO (NEO) $ 6.60
  • apecoinApeCoin (APE) $ 0.580130
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999674
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999704
  • coredaoorgCore (CORE) $ 0.447224
  • arweaveArweave (AR) $ 6.90
  • thorchainTHORChain (RUNE) $ 1.27
  • telcoinTelcoin (TEL) $ 0.004795
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007403
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.10
  • apenftAPENFT (NFT) $ 0.00000044

Forget About The Strategic Bitcoin Reserve For A Moment — Mining Censorship Is Back

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Forget About The Strategic Bitcoin Reserve For A Moment — Mining Censorship Is Back

The news got buried in part due to Trump’s inauguration and subsequent rumblings of a Strategic Bitcoin Reserve (SBR), but developer b10c recently published research showing that F2Pool — a mining pool representing ~11% of hash power on the Bitcoin network — is censoring OFAC-sanctioned transactions… again.

In case you don’t know what this means: the US Department of the Treasury’s Office of Foreign Asset Control (OFAC) maintains a list of sanctioned entities, including a number of Bitcoin addresses; it’s illegal to do business with these entities under US law. It’s actually unclear if this means miners cannot include transactions to and from these addresses in blocks they produce — but F2Pool appears to be rather safe than sorry.

Now, as long as it’s just F2Pool applying this policy, this is not really an issue. Some transactions will be delayed by about ten minutes or so, once in a while, but that’s about it.

If more pools start doing it, the delays will get longer and more frequent — but still not terrible. Not even if it’s a majority of pools.

The real issue will arise if a majority of mining pools not only censors transactions, but also refuses to build on top of blocks that do include these transactions. If this were to happen, these transactions wouldn’t confirm at all anymore… not for as long as these mining pools remain a majority. Bitcoin would no longer be censorship-resistant.

I can’t really fault F2Pool for adopting their policy. Although I would much prefer it if no mining pools censor, we unfortunately live in a world where even open source software developers may face prison time for enabling users to transact freely.

Rather than flirting with an SBR, it would be great if the new Trump administration first just stopped such state attacks on Bitcoin.

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

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