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Welcome to the Blockchain

Crypto YouTuber and trader Lark Davis has posted a tweet, in which he reminded followers of the recent news of the Bitcoin whitepaper spotted within the operational system of Mac computers...The blogger also stated that the periods when Satoshi went off the grid and Steve Jobs differ by just one year, with these events happening in 2010 and 2011. With this tweet, he started a poll, offering his audience the choice between three answers: "yes" Steve Jobs was Satoshi, "no" he was not and "it does not matter."A total of 37.7% of the respondents chose "no." Slightly less but close...

Back in July 2022, Liz Cheney and the January 6 Committee called in Samuel Armes to testify. Armes is a young college grad who just started his professional career in Florida.The J6 Committee called in Armes after a previous witness, Erika Flores, told the shameful anti-Trump committee that Armes told her to pass on his “1776 Returns” document to Enrique Tarrio, Flores’s love interest who Armes had met at least two times.Flores already told the committee that Armes, who was being groomed by the FBI and CIA while in school, told her to pass the insurrection document on to Enrique...

The newly elected UK prime minister wants to “fix our economy, unite our Party and deliver for our country” Sunak previously asked the Royal Mint to create NFTs to demonstrate the country’s commitment to investing in cryptocurrency technology The United Kingdom’s incoming prime minister may be a bullish indicator for the country’s crypto prowess. Former Chancellor of the Exchequer Rishi Sunak is set to take the seat following the resignation of Liz Truss — who was in office for just 45 days. Handpicked by fellow Conservative Party members on Monday, Sunak, the son of Indian immigrants, will be the first...

Wipe out! Crypto markets have slumped, adding to a decline that has wiped away some $2 trillion of market value and left market participants uneasy heading into the long Fourth of July weekend. Bitcoin has fallen below $20,000 as the US Dollar strengthens. At least Dogecoin is up today. Enjoy your expensive 4th of July weekend! As long as you don’t eat much due to expensive food prices or drive anywhere due to high gasoline prices. At least the Biden Administration is doing what The New World Order is making them do. Or The Liberal World Order. Biden looks like...

Despite supposedly being a form of crypto, OneCoin didn’t actually have a payment system or a blockchain model, the crucial technology that underpins cryptocurrencies — thus rendering OneCoin’s tokens essentially worthless. Ignatova and the company’s founders are accused of knowing as much. (In a statement to the BBC in 2019, OneCoin denied any wrongdoing.) OneCoin relied on its users to bring in more participants by offering a slew of rewards, commissions and “trading packages” at different price points, according to federal investigators. In the end, the network of investors spanned over a hundred countries. More than 3 million people are...

Thank God for truth, divine law and our inherited common sense. A nation built upon lies, fraud and ulterior motives has never lasted. People who betray their sworn oaths to honestly serve their fellow man do great harm to their fellow man. And unfortunately, citizens who are innocent, naive, self-indulgent, distracted and disengaged from the process of self-governance will suffer greatly as wayward governments run by narcissistic politicians collapse under decades of compounded corruption. We become enslaved by our lack of knowledge, until such time we find the courage to escape our captors. The controlling minority of politicians in our...

With the official inflation (CPI) rate at +7.9% year-over-year – a 40-year-high – one could be forgiven for believing that the government’s statistics are to be trusted this time (or why would they have ‘allowed’ it to reach such a high level?). However, with ‘hedonic adjustments’ and such ‘unobservable’ prices as ‘owners equivalent rent’ who can really “know” what the real number is for the average family in America. Worse still, who can trust – given the government’s recent track record which has sent ‘trust’ to multi-decade lows – that a Fed desperate to show its policies are working and...

Videogames based on blockchain networks appear to be a prime target for thieves, raising more concerns about the security of cryptocurrencies held on these decentralized gaming networks. Thieves targeting Axie Infinity, a popular blockchain-based videogame, made off with 173,600 ether tokens and $25.5 million in USDC, a type of stablecoin that is pegged to the dollar. The theft occurred on March 23, according to developers of Axie, but was announced publicly on March 29. At recent prices for ether, the heist was worth about $615 million, down slightly from the $625 million value when the theft was disclosed. Axie is...

The alleged catalyst for the change has been the looming Fed rate hikes... A few of the bubbles bursting: Crypto: Crypto assets are suffering crashes the likes of which would be considered cataclysmic in general markets. Bitcoin is down nearly 40% from its highs; Ethereum is down 34%. More colorful (yet less commanding) names like Polkadot are down 50%. Crypto has seen such crashes before and may well rise from the ashes in a nanosecond. But as I wrote recently, you can’t value crypto so there’s no logical basis to own it. It is a classic speculative gamble. And such...

Jack Dorsey blocked on Twitter by Marc Andreessen after Web3 comments The block comes after Dorsey criticized the venture capital industry and made several remarks about Andreessen Horowitz in particular. The entrepreneur said “Web3” — a potential new decentralized version of the internet based on blockchain — would be owned by rich VCs like Andreessen instead of “the people”. “I’m officially banned from Web3,” Dorsey tweeted Wednesday alongside a screenshot showing he had been blocked by Andreessen. SNIP

The group is using a new Wyoming law that legally recognizes them as a corporate entity to help speed along the process. Back in July, Wyoming passed a law legally recognizing Decentralized Autonomous Organizations (DAOs)—blockchain-based entities in which members vote on the group’s direction with tokens—so long as they are registered as companies in the state. Now, one DAO that has aspirations of founding a blockchain-based city says it has actually purchased land in the state. “Today, CityDAO is officially the first DAO to own land, using the new Wyoming DAO LLC law. This is just the beginning,” CityDAO tweeted,...

ConstitutionDAO, a new decentralized autonomous organization dedicated to preserving the U.S. Constitution, is planning to pool capital using an Ethereum smart contract to purchase a first-edition printed copy of the historic document. Sotheby’s is set to auction the copy on November 18 at 6:30pm EST. The copy up for auction is valued at $15 million to $20 million. It is sometimes referred to as the Goldman Constitution because it resides in the private collection of the New York-based Goldman family. The document is one of only 11 surviving 1787 first-edition copies. In 1988, S. Howard Goldman purchased the Constitution copy...

A seemingly run-of-the-mill trial is playing out in Florida: The family of a deceased man is suing his former business partner over control of their partnership’s assets. In this case, the assets in question are a cache of about one million bitcoins, equivalent to around $64 billion today, belonging to bitcoin’s creator, the pseudonymous Satoshi Nakamoto. The family of the dead man says he and his business partner together were Nakamoto, and thus the family is entitled to half of the fortune. For bitcoiners, there is only one piece of evidence that could conclusively prove the identity of Satoshi Nakamoto:...

The past few months have been nothing short of remarkable for the self-proclaimed “Dogecoin killer” token. Shiba Inu’s community and ecosystem have continued to grow. So what Is next for Shiba Inu? The answer is the Shibarium blockchain. The meme coin’s ecosystem has undergone exponential growth ever since its launch. The most recent new thing in the token’s ecosystem has been the launch of the Shiboshi NFTs. Shiba Inu released the NFTs on October 14, and they sold out just 35 minutes after their release, which the project Lead Shytoshi Kusama tweeted about. Shiba Inu’s objective with developing and releasing...

Are NFTs the next big thing for high-end whisky collectors? Two entrepreneurs that were behind a record-breaking $2.3 million sale of a 1991 The Macallan cask earlier this month certainly think so. The double-size cask, a first-fill sherry butt distilled at The Macallan, which currently holds about 600 bottles of 30-year-old whisky, was sold at auction. It included a digital asset from artist Trevor Jones called “The Angel’s Share,” which is an uncompressed scan of Jones’ oil painting as well as an animated component. The sale was a partnership between Origin Protocol, a company that drops NFTs, one-of-a-kind digital assets...

Can somebody suggest a basic tutorial on bitcoin/Blockchain essentials?

In an interview with Bloomberg, Ajmal Ahmady, governor of Da Afghan Bank, observed the majority of the central bank’s more than $9 billion in assets were frozen by the U.S. following the fall of Kabul to Taliban forces...Last week, the International Monetary Fund said the Taliban has been prevented from accessing reserve assets worth about $500 million. Afghanistan functions primarily as a cash economy, but the Afghani, the nation's currency, is not accepted for cross-border trade, while an informal transfer system known as hawala doesn’t function efficiently in a modern financial environment.Ahamdy predicted the Taliban will “probably try to go...

Even as the cryptocurrencyF bitcoin has gained traction within the investment community, bitcoin exchange traded funds (ETFs) are still a pipe dream. Meanwhile, blockchain ETFs have already made their debut in mainstream markets. In the news and mainstream media reports, the terms bitcoin and blockchain are sometimes used interchangeably. As a result, it's possible to confuse blockchain ETFs and bitcoin ETFs, although they are different financial instruments. Key TakeawaysWhile bitcoin exchange traded funds (ETFs) are not yet a reality, blockchain ETFs have already made their debut in mainstream markets.In recent years, virtual currencies have been embroiled in multiple regulatory battles...

In upstate New York, an idled coal plant has been restarted, fueled by natural gas, to mine cryptocurrency. A once-struggling Montana coal plant is now scaling up to do the same. A University of Cambridge index pegs the annual power consumption of bitcoin mining at around 130 terawatt-hours, more than three times higher than at the beginning of 2019. That would be more than the power consumption of Argentina. It bought the Greenidge coal-fired power station in 2014 after the plant in Dresden, N.Y. had been shut a few years earlier because it was economically unattractive to operate. Atlas first...