Monday, July 26, 2021

Thailand's biggest telecommunications company to mine Bitcoin

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

One of the biggest telecommunications companies in Thailand is going to mine Bitcoin and intends to be a reference in Asia in this sector.

Jasmine Telecom Systems (JTS) is a subsidiary company of Jasmine International (JAS), founded in 1996. With several companies in the group, it is considered the largest telecommunication operation in Thailand, a Southeast Asian country with about 70 million inhabitants.

With this new operation, JTS even plans to become the largest Bitcoin miner of the Association of Southeast Asian Nations (ASEAN), which has the participation of ten countries.

A publicly traded telecommunications company in Thailand to mine Bitcoin

In the third quarter of 2021, JTS already plans to start its Bitcoin mining activity with 500 machines.

The company's intention, listed on the Thailand Stock Exchange (SET), is to increase this operation tenfold by 2022, when another 5,000 Bitcoin mining machines must be connected to its infrastructure, according to Bitcoin Magazine.

The focus on the Bitcoin operation came as an opportunity after China shut down the country's mining farms and began a hunt for miners, prompting many facilities to migrate from the country, in a move that can be considered the largest infrastructure migration in history of cryptocurrency until today.

The vice president of JTS, Dusit Srisangaoran, even commented that the time is promising for the entry into Bitcoin mining, which no longer has competition from China in the market.

"Now is a good time for JTS to invest in Bitcoin mining, given its wide adoption and the incident in China that caused the hash rate to drop to a low of eight months."

The plan is to have 50,000 Bitcoin mining machines by the next halving

In 2020, Bitcoin had its coin production cut in half, an event known as “ halving ” and which controls inflation for every 210 thousand blocks found on the network.

Thus, the number of coins issued per block was 6.25 BTC, with estimated inflation of 1.77% per year now. The next halving is expected to take place in 2024, considering the average block generation in 10 minutes.

When the next Bitcoin emission cut hits the market, JTS wants to have 50,000 machines connected to the network, a 100-fold expansion for what is scheduled for 2022.

With machinery of this magnitude, the company could have a power of 5 exahashes, capable of producing around 16 thousand Bitcoins per year, something that today is equivalent to R$ 3.2 billion.

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

Even so, the largest telecommunications company in an Asian country is already making a big move in relation to Bitcoin, which may inspire other companies in the sector around the world.

Thailand's biggest telecommunications company to mine Bitcoin

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

One of the biggest telecommunications companies in Thailand is going to mine Bitcoin and intends to be a reference in Asia in this sector.

With this new operation, JTS even plans to become the largest Bitcoin miner of the Association of Southeast Asian Nations (ASEAN), which has the participation of ten countries.

A publicly traded telecommunications company in Thailand to mine Bitcoin

In the third quarter of 2021, JTS already plans to start its Bitcoin mining activity with 500 machines.

The vice president of JTS, Dusit Srisangaoran, even commented that the time is promising for the entry into Bitcoin mining, which no longer has competition from China in the market.

"Now is a good time for JTS to invest in Bitcoin mining, given its wide adoption and the incident in China that caused the hash rate to drop to a low of eight months."

The plan is to have 50,000 Bitcoin mining machines by the next halving

In 2020, Bitcoin had its coin production cut in half, an event known as “ halving ” and which controls inflation for every 210 thousand blocks found on the network.

When the next Bitcoin emission cut hits the market, JTS wants to have 50,000 machines connected to the network, a 100-fold expansion for what is scheduled for 2022.

With machinery of this magnitude, the company could have a power of 5 exahashes, capable of producing around 16 thousand Bitcoins per year, something that today is equivalent to R$ 3.2 billion.

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

Even so, the largest telecommunications company in an Asian country is already making a big move in relation to Bitcoin, which may inspire other companies in the sector around the world.

Thailand's biggest telecommunications company to mine Bitcoin

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

One of the biggest telecommunications companies in Thailand is going to mine Bitcoin and intends to be a reference in Asia in this sector.

With this new operation, JTS even plans to become the largest Bitcoin miner of the Association of Southeast Asian Nations (ASEAN), which has the participation of ten countries.

A publicly traded telecommunications company in Thailand to mine Bitcoin

In the third quarter of 2021, JTS already plans to start its Bitcoin mining activity with 500 machines.

The vice president of JTS, Dusit Srisangaoran, even commented that the time is promising for the entry into Bitcoin mining, which no longer has competition from China in the market.

"Now is a good time for JTS to invest in Bitcoin mining, given its wide adoption and the incident in China that caused the hash rate to drop to a low of eight months."

The plan is to have 50,000 Bitcoin mining machines by the next halving

In 2020, Bitcoin had its coin production cut in half, an event known as “ halving ” and which controls inflation for every 210 thousand blocks found on the network.

When the next Bitcoin emission cut hits the market, JTS wants to have 50,000 machines connected to the network, a 100-fold expansion for what is scheduled for 2022.

With machinery of this magnitude, the company could have a power of 5 exahashes, capable of producing around 16 thousand Bitcoins per year, something that today is equivalent to R$ 3.2 billion.

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

Even so, the largest telecommunications company in an Asian country is already making a big move in relation to Bitcoin, which may inspire other companies in the sector around the world.

Thailand's biggest telecommunications company to mine Bitcoin

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

One of the biggest telecommunications companies in Thailand is going to mine Bitcoin and intends to be a reference in Asia in this sector.

With this new operation, JTS even plans to become the largest Bitcoin miner of the Association of Southeast Asian Nations (ASEAN), which has the participation of ten countries.

A publicly traded telecommunications company in Thailand to mine Bitcoin

In the third quarter of 2021, JTS already plans to start its Bitcoin mining activity with 500 machines.

The vice president of JTS, Dusit Srisangaoran, even commented that the time is promising for the entry into Bitcoin mining, which no longer has competition from China in the market.

"Now is a good time for JTS to invest in Bitcoin mining, given its wide adoption and the incident in China that caused the hash rate to drop to a low of eight months."

The plan is to have 50,000 Bitcoin mining machines by the next halving

In 2020, Bitcoin had its coin production cut in half, an event known as “ halving ” and which controls inflation for every 210 thousand blocks found on the network.

When the next Bitcoin emission cut hits the market, JTS wants to have 50,000 machines connected to the network, a 100-fold expansion for what is scheduled for 2022.

With machinery of this magnitude, the company could have a power of 5 exahashes, capable of producing around 16 thousand Bitcoins per year, something that today is equivalent to R$ 3.2 billion.

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

Even so, the largest telecommunications company in an Asian country is already making a big move in relation to Bitcoin, which may inspire other companies in the sector around the world.

Thailand's biggest telecommunications company to mine Bitcoin

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

One of the biggest telecommunications companies in Thailand is going to mine Bitcoin and intends to be a reference in Asia in this sector.

With this new operation, JTS even plans to become the largest Bitcoin miner of the Association of Southeast Asian Nations (ASEAN), which has the participation of ten countries.

A publicly traded telecommunications company in Thailand to mine Bitcoin

In the third quarter of 2021, JTS already plans to start its Bitcoin mining activity with 500 machines.

The vice president of JTS, Dusit Srisangaoran, even commented that the time is promising for the entry into Bitcoin mining, which no longer has competition from China in the market.

"Now is a good time for JTS to invest in Bitcoin mining, given its wide adoption and the incident in China that caused the hash rate to drop to a low of eight months."

The plan is to have 50,000 Bitcoin mining machines by the next halving

In 2020, Bitcoin had its coin production cut in half, an event known as “ halving ” and which controls inflation for every 210 thousand blocks found on the network.

When the next Bitcoin emission cut hits the market, JTS wants to have 50,000 machines connected to the network, a 100-fold expansion for what is scheduled for 2022.

With machinery of this magnitude, the company could have a power of 5 exahashes, capable of producing around 16 thousand Bitcoins per year, something that today is equivalent to R$ 3.2 billion.

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

Even so, the largest telecommunications company in an Asian country is already making a big move in relation to Bitcoin, which may inspire other companies in the sector around the world.

Thailand's biggest telecommunications company to mine Bitcoin

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

One of the biggest telecommunications companies in Thailand is going to mine Bitcoin and intends to be a reference in Asia in this sector.

With this new operation, JTS even plans to become the largest Bitcoin miner of the Association of Southeast Asian Nations (ASEAN), which has the participation of ten countries.

A publicly traded telecommunications company in Thailand to mine Bitcoin

In the third quarter of 2021, JTS already plans to start its Bitcoin mining activity with 500 machines.

The vice president of JTS, Dusit Srisangaoran, even commented that the time is promising for the entry into Bitcoin mining, which no longer has competition from China in the market.

"Now is a good time for JTS to invest in Bitcoin mining, given its wide adoption and the incident in China that caused the hash rate to drop to a low of eight months."

The plan is to have 50,000 Bitcoin mining machines by the next halving

In 2020, Bitcoin had its coin production cut in half, an event known as “ halving ” and which controls inflation for every 210 thousand blocks found on the network.

When the next Bitcoin emission cut hits the market, JTS wants to have 50,000 machines connected to the network, a 100-fold expansion for what is scheduled for 2022.

With machinery of this magnitude, the company could have a power of 5 exahashes, capable of producing around 16 thousand Bitcoins per year, something that today is equivalent to R$ 3.2 billion.

The JTS executive stated that he has been studying Bitcoin for some time, but did not say whether the company plans to invest in the currency or even accept it as a means of payment.

Even so, the largest telecommunications company in an Asian country is already making a big move in relation to Bitcoin, which may inspire other companies in the sector around the world.

BTC= investment or average daily usage by a random J.Doe?

Short time lurker in this sub, long time in reddit, and long time interest in blockchain tech and cryto. So my question is one I can't figure out myself and wonder how you guys see it. Can BTC be a long term investment or do we want it to become an average J. Doe payment option over the counter everywhere? Can both paths align at some point? How? Is it really possible? At the current state of Bitcoin affairs is not feasible, the reasons are obvious, but on the long? What do you guys see that needs to happen for BTC to become a real day to day coin? And how would this event affect the long term investment people see in BTC and crypto in general? Im not sure if this has been ask before, but I would enjoy to see some real open minded answers, positions and discussions!

Just last week I was thinking about Amazon should accept crypto and now there's rumors that they are

This will be huge if they do

It won't be just stupid news that pumps the price, but will put crypto into the knowledge of a billion people possibly

It will cause a chain of events, Walmart etc will add it just so they aren't severely behind.

Stores in person will start to accept it

Bitcoin will no longer die and drop 50% for years.

This could be amazing

3 Scammers In 2 Weeks! They’re Everywhere!

I’ve exposed 3 different fake sugar daddy’s in the past 2 weeks. I’m to the point now where once I recognize it’s not legit, I play dumb & try to bait them into divulging more info/ what/ how they are trying to get over. I post the details to my Instagram story’s as a wall of shame & to teach others. It’s unfortunately becoming a regular event instead of the exception. This is a bit long but there were good lessons & mistakes here that maybe somebody can learn from.

1). This was quick, I asked him pretty early on (he sounded like a fence sitter) to send a “good faith” payment of any amount he feels appropriate to my CashApp. Even if he sends $10 that’s a good sign. He claimed he was old & wasn’t good with technology. He pretty much ghosted me after that. Strangely he had a legit Instagram which had been in use since 2017.

2). He brought up that he pays $3000 a month almost immediately. I knew that was unlikely so again I asked for a “good faith” deposit early. He wanted to send the full amount but I asked for 1/2 since I didn’t want him to think I’m wanting too much before actually providing any value to the relationship. I gave him my CashApp but he then asked for my email. I was like OK, I’ve got an anonymous email linked so let’s see what happens. Here’s where it gets good.

He sends a fake but legit looking email from CashApp Support. When you click to see the full email name it was actually a gmail.com address instead of a Square.com it CashApp.com addy. The email wanted me to pay a 5% processing fee (CashApp is only 1.5%) via Bitcoin of course. This is a classic scam & CashApp normally just takes it from your deposit automatically. A real deposit to your account will notify you in the app which nothing showed there. If you’re not paying attention this was pretty good. Clearly once i confronted him he disappeared.

3). Finally a guy named Jason who claims to be 31 & lives in LA contacted me a month ago wanting to help me with plastic surgery costs as his fetish is Bimbofication (if it sounds to good to be true it probably is). His account was very new but had answers for everything that were reasonable & made sense. I actually spent a full week chatting as he seemed fairly legit but kept pressuring early to take the convo to Kik so that was another reflag.

He had before & after pics of other girls he claims he’s helped before. I ran all the pics through several reverse image searches & metadata checks. No hits which I though was weird because girls who care that much about how they look take lots of pictures & post online. Even the picture he sent of himself came up empty. I ran his account names through reverse account searches & nothing there either. Squeaky clean OPSEC. Then he sent a picture he claimed was his girlfriend who was the first girl he helped. I search the pics and… it’s porn star Nicolette Shea. Ok buddy, he had a good spiel going but that’s the final redflag so I cut him off despite continuing to try & contact me on several channels.

Plot twist: He pops back up with a new account & messages me. The story starts going down the same path with a similar story. I’m 99% sure it’s this Jason guy again so I play along & keep gathering info. Eventually I confront him & it’s like he was baffled & doesn’t remember. It had me thinking that this very well might have been a bunch of guys using the same cover story as part of some scammer network. Regardless he had all the right answers but a few small clues eventually caught up.

I’m new to all this but I’m pretty internet savvy but I can imagine others who are more trusting or don’t have the skills getting fooled. It’s probably why these schemes are so common unfortunately.

SB be careful out there. SD I’m sorry these scumbags are making your efforts more difficult.

Coinbase Debit Card

Just got the coinbase debit card and it's really a sweet deal. I signed up to be on the waitlist without even reading through it. Just did a read through and realized what an amazing deal it is. You get 4% back if you choose XLM, absolutely no fees if you use USDC, and it's interest bearing (soon to be 4%, currently 0.15%), and it's FDIC insured. Wow. I am absolutely impressed. Easy as pie interfere to manage too. This feels game changing.

Check it out if you haven't. Can't see any huge negatives. Will update if I see any "catch" worth noting.

Edit: For those asking, there is no fees to exchange when using USDC and no fees to add USDC. There are no taxes when using USDC as 1 USD always equals 1 USDC. The "cashback" is treated as a rebate as of now. The only taxable event is when you sell XLM for a gain or loss.

The fees you read about are when you use another crypto, like bitcoin. They have to sell that and convert to USD to use. That costs a trading fee and is a taxable event. DO NOT DO THIS. Just use your bank account to buy USDC for FREE and use USDC to make purchases. You can select it in the app. Also, don't forget to change your cash back from BTC to XLM. Also, don't forget to sign up for the 4% APY on USDC waiting list, if you're into that sort of thing. ;)

Edit 2: I read there is a limit of $2,500 daily no fee limit. Beyond that would be a fee. But $2,500 is a good amount. Just be careful if you're buying something more expensive with it. Check the math to see if you win or use another card.

I'm sure there are other factors to consider. If you do your own taxes, it could be annoying as there is no tax to pay, but you'll have to figure out how to report the transactions. The reward side can be tricky, im guessing. Tax laws and regulations can change all the time, and banks are fighting crypto hard, so qho knows what the laws will be next month. But to me, it's crazy not to get these types of rewards because you are worried about how to report it.

DYOR, but ill be using this for all my daily purchases and keeping my daily spend under $2,500.

Big Jump of Bitcoin for over a Week

https://preview.redd.it/uhyg6e53pnd71.png?width=1000&format=png&auto=webp&s=850c58678d4563c8ce82295ebaf644a6705f3379

Bitcoin price rose to more than $40K for just a week after a long sideways trend. The jump in Bitcoin's price comes after a rumor that tech companies will start accepting digital currency, plus the recent job posting of Amazon where they are looking for “an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.” This is on top of the recent interview with Elon Musk and Jack Dorsey.

Elon stated that Tesla will likely accept cryptocurrency payment #Bitcoin for vehicle purchases. If we can recall he mentioned back in May that they will suspend digital currency transaction due to environmental issue brought by Bitcoin mining.

Anyhow, I think this recent turn of events in cryptocurrency especially with NFTs and Gaming integration with Blockchain will accelerate mass adoption of cryptocurrency.

Sentiment Analysis of r/cc during yesterday's BTC rise

Hello everyone! I made some visualizations of r/cc's sentiment (determined by post titles) during yesterday's BTC pump. Sentiment analysis such as below enable us to see 1) what kind of topics are being discussed in this subreddit, 2) which topics are being discussed in positive/negative light, and ~~3) help moon farmers come up with posts that will get them moons~~.

First, we have most recent NEW posts (954 data points):

Positive vs Negative headlines

We can see that the algorithms isn't completely accurate when determining what is "positive" and what is "negative". For ex, "Question about staking, worry if I'm a dumb f**k" is a simple question post, but because of the keyword "f**k", its determined as negative.

Word Cloud for NEW Posts

When we generate word clouds from most frequent titles, we see that notable words from positive post titles are "Bitcoin, amazon, BTC, profit". This is most likely because some have speculated that the recent BTC pump was triggered by Amazon's insider news about Amazon accepting BTC as a payment.

For notable words from negative post titles, we see "Tether, Bitcoin, Amazon, BTC, bank, FUD, manipulation". We can speculate that we see these headlines because 1) of the news surrounding Tether and its possible bank fraud case and 2) of some speculating that the BTC pump was a manipulated pump.

Moving on, we have most recent TOP posts (100 data points):

Word Cloud for TOP Posts

We see similar trends for Top posts, with an exception of "Ethereum" being included in the positive posts - most likely because of the upcoming London fork. For negative posts, we don't see Tether break through the ranks yet because that story has yet to gain traction.

What now? Nothing much - I guess, if you want some shiny Moons, you should post about Tether because while there is fresh posts about its possible investigation, none have gotten to Top yet. I'll run similar analyses when other major events occur to see how sentiments change (especially during massive dumps)

TL;DR: BTC and Amazon adoption, and ETH London fork ruling positive posts, Tether investigation, and BTC pump manipulation ruling negative posts.

Should you own at least -some- Bitcoin? The Yodel Daily from Yahoo - July 26, 2021

https://preview.redd.it/2denolxd4nd71.png?width=1000&format=png&auto=webp&s=7342271dfd076e7d29f65a170b26c25144e2862a

MONDAY, JULY 26, 2021/ Finely crafted by Lily Herman

Hey, hey, hey! Is anyone else in disbelief that this is the last week of July? Onto our agenda: We’re diving into lots of Olympic upsets, the case for never going on a carnival ride again and yet another TV revival that could go very downhill.

https://preview.redd.it/jnzjn88b5nd71.png?width=1280&format=png&auto=webp&s=c738d8f45da6b995d9a6ce2ae067642d43411c44

News To Know

(Reuters)

A new poll shows that American optimism in the country's direction has dropped 20 points since May. Unsurprisingly, much of that 180 is due to continued pandemic chaos. Sorry, Joey B.
A weird side effect of the booming housing market: Sellers are making stranger and stranger demands … like not signing contracts unless they can take their *toilets* with them. Ummm...
Gun violence is only escalating in the U.S. During the week of July 17 to July 23, there were at least 915 shooting incidents that left 430 people dead and 1,007 wounded. A chilling stat: That’s one shooting every 12 minutes.

https://preview.redd.it/vn2a88ya5nd71.png?width=1280&format=png&auto=webp&s=6a0cbb00c790aed5a47d6adf43f1519d7a8a10fe

Finance For You

(Getty Images)

After years of mockery, Crocs are back on top. The shoe brand saw a surge in popularity as comfort took center stage in the pandemic, but my question is, are Crocs with socks still out?
A new survey found that a whopping one-third of Americans are considering quitting their jobs. Probably not a shocker: People want higher salaries and more work-life balance. Whodathunkit!!!!!
OK, I’m glad someone’s finaaaaally answering the question I’ve had all along: Should I at least *try* to own a little Bitcoin, even if the market is a volatile disaster?

https://preview.redd.it/y46v52na5nd71.png?width=1280&format=png&auto=webp&s=1c851d67b95da898ca9ba76c0885948d2dac7143

Tokyo Games

(Yahoo)

The weekend brought *plenty* of Olympics kerfuffles, starting with Russia outscoring the U.S. in the women’s gymnastics qualifying event. Simone Biles & Co. have their work cut out for them this week.
The situation in men’s basketball looks bleak: The American team lost its first Olympic game since 2004 against France. This is only the group stage, but I'm already bracing myself for the worst.
For the second time in two months, golfer Jon Rahm tested positive for COVID-19, forcing him to withdraw from the Games. What’s going on with this guy?

https://preview.redd.it/63b3ler85nd71.png?width=1280&format=png&auto=webp&s=3ea1ab07930a0a601fd3163efc31027874ee18c2

Sports. Sports. Sports.

(Twitter)

Tom Brady went viral on social media for a passing video that some said was too good to be true. Hate to break it to you, but that is, in fact, the case.
What’s going on with Aaron Rodgers and his whole ~ordeal~ with the Packers? There’s lots of yammering about Rodgers' salary — to the tune of $45 million a year. Uh, why can't I get paid for being a drama queen?
Much of that Olympics news was dire, so here’s something joyful: Enjoy these photos of tennis star Novak Djokovic working on his splits with the Belgium gymnastics team.

https://preview.redd.it/gwhwp4q65nd71.png?width=1280&format=png&auto=webp&s=3d5ed3b1753c71c6bdab5ade866cfca9fdd1f475

Culture Corner

(Instagram)

Thirty-one years ago today, the Americans with Disabilities Act passed. Read about what the community is up to today, including the teenager who created a website by and for young people with disabilities, Savage X Fenty’s latest push for model diversity and a 29-year-old disability rights activist’s tips for change-making.
I was already terrified of 95 percent of carnival rides, but it’s safe to say that after this video, I’m never going on one ever again for the rest of my existence!!!!
Welp, apparently we’ve all been using mouthwash incorrectly this entire time. Consider all innocence lost.

https://preview.redd.it/uyls87b65nd71.png?width=1280&format=png&auto=webp&s=a71a9209dd6fa5c6a8f6cf8c1a111aa47405793b

Tech Talk

(LVMPD)

Las Vegas police solved the 1989 murder of teenager Stephanie Isaacson using the smallest volume of DNA ever recorded. Law enforcement says it's promising news, but there’s concern around a little thing called ~privacy~.
California state officials filed a sexual harassment and discrimination lawsuit against video game juggernaut Activision Blizzard. Its president just called the allegations “extremely troubling,” while the company denied the accusations. This one's gonna take a while to sort through.
It’s been a rough road for Snap, but the company just had its best quarter in four years. Contrary to Kylie Jenner’s belief, it appears that more than a few folks still use the platform.

https://preview.redd.it/znqtyuv55nd71.png?width=1280&format=png&auto=webp&s=04023b357f9516f73a2f1e8368f98fd6f764bf31

Entertainment Spotlight

(Instagram)

Looks like Bennifer really is on again. JLo included a very lusty Ben Affleck in the final photo of an Instagram slideshow she posted for her birthday. Love this power move of putting him *last* though.
The Norwegian beach handball team is getting an assist from a very cool pop star in their fight not to wear bikini bottoms in competition. P!nk said she’d pay any fines the team incurs from wearing the uniforms they want. Tell 'em, P!nk!
‘Dexter’ is officially coming back for 10-episode limited series, and its premiere date is set for November 9. Considering the messiness of that final season, this revival could really go either way.

https://preview.redd.it/lcj8jpi55nd71.png?width=1280&format=png&auto=webp&s=9c20157606eeebe5e9baed26cb6f6e7adb13286d

Fantastic Finish

Brb, re-watching every movie I’ve ever loved to look for examples of eat-acting, because I’m now *obsessed* with this phenomenon.

(TikTok)

Thanks for reading today's issue of The Yodel.

[WTS] Steal His Look(tm) round 1: The Fuck-Around-and-Find-Outfit (Noveske, Triarc, Spiritus) 🌚 🌚 (MI)

What’s up you discerning buyers - I welcome you to the tactical hypebeast GQ End Of Summer Sales Event. 🔥 🔥 🔥

https://imgur.com/a/71gAeAA

🌚Goons out? Goons out.🌚

PLATE CARRIER PACKAGE: Zero salt, catch and release on this monstrous light armor package. Includes:

$215 MSRP Size L overt plate bags
$90 MSRP tubes cummerbund size 2 cut to size 1
$75 MSRP elastic cummerbund Size 1
$65 MSRP sack MK3
$65 MSRP ESSTAC Front Panel
$85 MSRP Firstspear Assaulter’s Gun Belt (M)
$350 MSRP HESCO L210 Size L (10x12)

$945 MSRP, yours for 🔥$575🔥

Noveske/Anchor Harvey/BA Upper 12.5: Brand spanking new assembled complete upper. Includes:

$75 MSRP Anchor Harvey A Marked Forged Upper
$250 MSRP Noveske NSR 11.1 Rail
$150 MSRP BA 12.5 Gov 1.7 Barrel
$17 MSRP Aero Gas block
$15 MSRP Aero Gas tube
$15 MSRP aero forward assist
$9 MSRP BCM Port Door
$170 Triarc Systems BCG
$40 BCM Mod4 Ch
$105 - FCD 6315KM + PWS shim kit

$846 MSRP, yours for 🌚 $776 🌚

CLOUD DEFENSIVE OWL LNIB, black, blinding, it’s the fucking sun-on-a-gun

MSRP: Like four fucking hundred somehow, yours for 🌚 🔥 🔥 $275 🔥 🔥 🌚

WHY U SELL? Because I don’t know what I want. Just kidding. That’s true, but in this case I’m coming up on some real and exciting changes in my life and career, and I’m getting rid of lots of things I don’t need.

RULES: Call dibs and it’s yours. Promptly message me after. I’ve priced this to sell. You snooze, you lose.

Due to complications I can only accept payment via Bitcoin.

Just fucking kidding that would be sketch.🔥

Rules require me to accept Paypal only, but let me know what’s best for you: it’s my intention that you have complete confidence in every transaction with me.

All prices include shipping via USPS. I almost always ship next day.

Crush your week.

goons out

Coinbase card eth rewards

I was reading some about the Coinbase card and it’s cool that you get the 4% cash back but it says you can only receive it in xlm or bitcoin. Has anyone heard if they plan to offer other rewards. I really don’t want to constantly create taxable events by converting from one to eth if I decided to use it.

Holdex Finance

#holdex pursues the next generation farming ecosystem platform.

#defi #finance #holdex #bounty #event #SOON #Bitcoin📷

https://preview.redd.it/foiwmjq3jmd71.jpg?width=1269&format=pjpg&auto=webp&s=47dbd8f7a3a2b5ced59003828b4e5647eb7976e6

#holdex

We will be the most powerful decentralized Fin-Tech platform. Our goal is change the mindset of traditional finance system. We are coming soon. Lets join to get this together. #defi #Finance #holdex #bounty #event #SOON #Bitcoin📷

https://preview.redd.it/71wpbhktjmd71.jpg?width=1080&format=pjpg&auto=webp&s=0658f367855938cbf098681f846b826208f3d1c1

Funniest scam email i've received.

Greetings!

I have to share bad news with you.
Approximately few months ago I have gained access to your devices, which you use for internet browsing.
After that, I have started tracking your internet activities.

Here is the sequence of events:
Some time ago I have purchased access to email accounts from hackers (nowadays, it is quite simple to purchase such thing online).
Obviously, I have easily managed to log in to your email account.

One week later, I have already installed Trojan virus to Operating Systems of all the devices that you use to access your email.
In fact, it was not really hard at all (since you were following the links from your inbox emails).
All ingenious is simple. =)

This software provides me with access to all the controllers of your devices (e.g., your microphone, video camera and keyboard).
I have downloaded all your information, data, photos, web browsing history to my servers.
I have access to all your messengers, social networks, emails, chat history and contacts list.
My virus continuously refreshes the signatures (it is driver-based), and hence remains invisible for antivirus software.

Likewise, I guess by now you understand why I have stayed undetected until this letter...

While gathering information about you, I have discovered that you are a big fan of adult websites.
You really love visiting porn websites and watching exciting videos, while enduring an enormous amount of pleasure.
Well, I have managed to record a number of your dirty scenes and montaged a few videos, which show the way you masturbate and reach orgasms.

If you have doubts, I can make a few clicks of my mouse and all your videos will be shared to your friends, colleagues and relatives.
I have also no issue at all to make them available for public access.
I guess, you really don't want that to happen, considering the specificity of the videos you like to watch, (you perfectly know what I mean) it will cause a true catastrophe for you.

Let's settle it this way:
You transfer $1500 USD to me (in bitcoin equivalent according to the exchange rate at the moment of funds transfer), and once the transfer is received, I will delete all this dirty stuff right away.
After that we will forget about each other. I also promise to deactivate and delete all the harmful software from your devices. Trust me, I keep my word.

This is a fair deal and the price is quite low, considering that I have been checking out your profile and traffic for some time by now.
In case, if you don't know how to purchase and transfer the bitcoins - you can use any modern search engine.

Here is my bitcoin wallet: 14hAMscYjeKe9WCfCHJXDgJ8SH1pg84GhX

You have less than 48 hours from the moment you opened this email (precisely 2 days).

Things you need to avoid from doing:
*Do not reply me (I have created this email inside your inbox and generated the return address).
*Do not try to contact police and other security services. In addition, forget about telling this to you friends. If I discover that (as you can see, it is really not so hard, considering that I control all your systems) - your video will be shared to public right away.
*Don't try to find me - it is absolutely pointless. All the cryptocurrency transactions are anonymous.
*Don't try to reinstall the OS on your devices or throw them away. It is pointless as well, since all the videos have already been saved at remote servers..

Things you don't need to worry about:
*That I won't be able to receive your funds transfer.
- Don't worry, I will see it right away, once you complete the transfer, since I continuously track all your activities (my trojan virus has got a remote-control feature, something like TeamViewer).
*That I will share your videos anyway after you complete the funds transfer.
- Trust me, I have no point to continue creating troubles in your life. If I really wanted that, I would do it long time ago!

Everything will be done in a fair manner!

One more thing... Don't get caught in similar kind of situations anymore in future!
My advice - keep changing all your passwords on a frequent basis!

PS: the way he hits me with the advice at the end to seem like a nice guy just cracks me up :D

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Bitcoin surges 15% to top $38,000, boosted by comments from influential investors and chatter about Amazon getting into crypto

https://finance.yahoo.com/news/bitcoin-surges-15-top-38-085521284.html

Shalini Nagarajan

Mon, July 26, 2021, 4:55 AM

OZAN KOSE/AFP via Getty Images

Bitcoin rose 15% to its strongest level since mid-June on Monday.
Positive remarks by Elon Musk, Jack Dorsey, and Cathie Wood at "The B Word" event helped drive the gains.
Chatter about Amazon possibly accepting bitcoin payments by the end of 2021 are seen as adding further support.

Bitcoin leapt 15% on Monday to rise above $38,000 for the first time in about six weeks, after remarks from influential commentators and a report that Amazon is considering accepting payments in the cryptocurrency helped restore bullish investor sentiment.

The coin was trading at around $38,750 as of 3:15 a.m. ET, representing a 33% gain so far this year. It had earlier hit a 24-hour high of about $39,544, its highest level since mid-June.

After being stuck in a descending slope for three months, bitcoin broke out at the top end of recent levels following positive comments from leading CEOs Elon Musk, Jack Dorsey, and Cathie Wood at "The B Word" event last week.

Tesla CEO Musk said the electric-vehicle maker would be open to accepting bitcoin as payment again, as long as the mining community strives to move towards efficient energy use. Twitter boss Dorsey said that bitcoin is a big part of the social-media platform's future, and that he's working to make an accessible wallet for it via payments company Square.

A report from London's City A.M. about Amazon possibly accepting bitcoin payments by the end of 2021 also helped drive the digital currency's move higher. The roll-out may not take long, since the online retail giant has been working on these plans since 2019, a source told the newspaper, it reported.

Amazon is also looking to hire someone to lead its digital currency and blockchain initiatives.

The re-emergence of institutional experts, along with Goldman Sachs' recent services for institutional trades in bitcoin, helped drive the weekend rally for bitcoin, Jeffrey Halley, a senior market analyst at OANDA, said in a note on Monday.

I still believe the entire sector and un-stable coins are complete nonsense that will lose small investors billions, but the people have spoken, and the digital Dutch tulips look ripe for a large rally in the short term," Halley said.

4th Bitcoin SV Hackathon coding round ends July 26

Don’t miss the chance to send your submissions as the coding round for the 4th Bitcoin SV Hackathon is coming to an end at 6 p.m. CEST today, July 26. Sponsored by Bitcoin Association and nChain, the event began on June 16 with the theme “peer-to-peer applications” and is offering a prize pool of US$100,000 in BSV.

4th Bitcoin SV Hackathon coding round ends July 26

/r/technology top posts: Jul 26, 2021

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Newly covered today:

Reports are coming in that Amazon plans to integrate Bitcoin, Cardano, ETH, & BCH in the very near future. This has apparently been a work in progress for several years. https://www.cityam.com/amazon-definitely-lining-up-bitcoin-payments-and-token-confirms-insider/
Adam Dean brings you open source code to accept ADA in your Woo Commerce store! https://twitter.com/adamKDean/status/1419495005983371264

Previously Covered but still interesting:

Vitalik is saying it’s highly unlikely we see ETH 2.0 before late 2022. I’m guessing that means mid 2023 which will be after two years of Cardano slaughtering the entire ETH user base. Things are looking so bad that Vitalik says he doesn’t even like using the ETH 2.0 label anymore since he knows the changes will be more incremental. This is what early capitulation sounds like guys. https://cointelegraph.com/news/even-vitalik-buterin-is-surprised-at-just-how-long-eth2-is-taking
Cardano-Nervos cross-chain bridge to be built. This would be at least the second cross-chain bridge after the Cardano-AGI bridge. https://www.coindesk.com/cardano-nervos-force-bridge-network-first
And….still! Kings of the github! https://twitter.com/CryptoDiffer/status/1400744567956180993
Binance has 63 stakepools charging 6%. Please stop paying so much for the right to stake your ADA. You don’t have to pay that much. You have a huge number of better options. You are literally giving away your ADA rewards to a large corporation. It’s easy: just download the Yoroi Chrome extension, send your ADA there, and pick from the 2k+ available stakepools right inside Yoroi. https://twitter.com/BraveHeartStak3/status/1401204563189940231 https://adapools.org/groups/binance-20 https://play.google.com/store/apps/details?id=com.emurgo&hl=en_US&gl=US
Here’s a good Emurgo blog article on the use of Emurgo Trace in the Oil and gas industry. https://twitter.com/emurgo_io/status/1402339278097502210
IOHK gives us a closer look at everything being upgraded for Alonzo. https://iohk.io/en/blog/posts/2021/06/08/a-close-look-at-the-software-running-cardano/
We’re currently at 71.52% of ADA staked. This is a pretty incredible ratio and shows the strength of the Cardano community. https://twitter.com/CardanoPoolPeek/status/1402378400803794950
El Salvador passes the statute to make Bitcoin legal tender in the country. https://twitter.com/nayibbukele/status/1402827595339681794
Cardano gets more positive coverage on the Nasdaq website with a second article following the one from April 7 earlier this year. https://www.nasdaq.com/articles/be-part-of-a-historic-crypto-moment-with-cardano-2021-06-08
Prof. Aggelos Kiayias releases an article on a tri-coin system called Stablefees that could fix the problem of appreciating transaction fees in crypto. https://iohk.io/en/blog/posts/2021/06/10/stablefees-and-the-decentralized-reserve-system/
Minswap gives us the dev perspective on why Cardano’s Plutus is such an improvement over Ethereum’s Solidity. https://twitter.com/MinswapDEX/status/1403411522110427137
Here’s a great ETH vs. Cardano DeFi project comparison infographic. https://twitter.com/Coin98Analytics/status/1403397242707320835
Zach Guzman and Mike Novogratz get an opportunity to prove once again how extremely threatened they are by the fact that they can’t frontrun Cardano at this point. https://twitter.com/IOHK_Charles/status/1404100510525841408
John O’Connor appeared on the Disrupt Network Podcast. bit.ly/3znqyB7
President of Tanzania calls on the central bank to prepare for the adoption of cryptocurrencies and blockchain technology. I wonder what crypto ecosystem already has experience working with an African government on a big crypto project and has partnered with a mobile company that is already bringing connectivity to rural Tanzania? https://twitter.com/DocumentingBTC/status/1404126444863766533
With exploits like this one being all too common in the legacy smart contract networks, we’re not even going to have sell the Cardano use case for DeFi. The competitor networks have already made the case that something better must be on the way. https://twitter.com/zapper_fi/status/1404429179794362369
World Mobile CEO tweets out a tantalizing response to the Tanzanian President’s call for her nation’s central bank to prepare for crypto. https://twitter.com/MrTelecoms/status/1404375153191141377
If you are new to Cardano and you would like to get a handle on the terminology involved in the ecosystem, you may want to check out these Cardano flashcards produced by Coconut Pool. https://twitter.com/coconut_pool/status/1403442954434269185
While renewable energy is certainly a wonderful thing, there may be a problem with your technology when your path to compete on clean energy consumption involves you talking about harnessing the power of a whole series of volcanoes. Maybe just use fewer volcano’s and more proof-of-stake? https://twitter.com/_eLaPs_/status/1404125569093029889 https://twitter.com/gladstein/status/1402718041557725184
The Charles/Lex Fridman podcast has dropped. This is a big deal. This is a fairly mainstream podcast with over 1 million subscribers. https://youtu.be/FKh8hjJNhWc
The bank of England is getting very serious about how it “may wish to limit migration” of money from the legacy system to stablecoins. Wow. Just another example of why it’s such an asset (no pun intended) that Cardano is prepared for regulation. https://twitter.com/CaitlinLong_/status/1405712468823842816
Check out the newly “pimped up” Cardano documentation. https://twitter.com/theSavaSavic/status/1405526615585480730 https://docs.cardano.org/
Runtime Verification (architects of K Framework which powers Cardano’s IELE & KEVM) raised $5.3MM in a round that included Cardano’s C Fund. https://runtimeverification.com/blog/runtime-verification-raises-5-3-million-to-advance-blockchain-security https://twitter.com/RosuGrigore/status/1405917218035097600
It’s a good sign that the top two crypto communities are spending so much time talking negatively about Cardano. You only focus your hatred on that which is most threatening. I’m glad to see we’re the biggest threat on their radar. https://twitter.com/nic__carter/status/1405194146063736840
We are crushing all the competitors in terms of assets staked! https://twitter.com/CryptoDiffer/status/1405854686209622018
All 345,501 of the people who have watched the Lex Fridman/Charles episode as of writing are realizing that Cardano could be the first project to put voting on the blockchain in a U.S. state. https://www.atalaprism.io/app
It looks like the second biggest ETH stakepool or it's custody provider has lost it’s users private keys to $75MM in ETH. Cardano doesn’t have this problem. We get to keep custody of our crypto because we found a better way than slashing. https://stakehound.com/blog-post/fireblocks-eth-2-key-management-incident/ https://twitter.com/JamesSpediacci/status/1407465311180255236
Draft table of contents for Mastering Cardano has been revealed. https://twitter.com/IOHK_Charles/status/1407165366355124225
COTI (a project with very close ties to Cardano) is coming to Ledger. https://medium.com/cotinetwork/coti-native-is-coming-to-ledger-c56b04df1253
The June Cardano 360 is currently available on Youtube. https://youtu.be/al5m14299ww
We saw segments on various newer partner entities like Nervos, Orion Protocol, and Revuto. Nervos is a UTXO proof-of-work blockchain which is building a cross-chain bridge with Cardano so that you can use your ADA on Nervos dApps and vice versa. Interoperability is a big theme for Nervos and they plan to have a working testnet within a month. Orion Protocol is building a terminal that will allow for decentralized non-custodial trading across centralized and decentralized exchanges. They say this would not require you to KYC or even have an account with any of these exchanges. Revuto is an online subscription management service that recently completed a $10MM token sale on Cardano.
It was also revealed that Wolfram Labs, COTI, and IOHK have a three-way partnership (a ménage à tech) to build an NFT auction site. The people from Wolfram were talking about very interesting things including live minting during streaming events and automated upload to IPFS. COTI will be building out auction and bidding mechanisms in ADAPay.
Professor Aggelos Kiayias gave us an update on research including that Ouroboros Chronos and Hydra papers have both been accepted into conferences/journals. Chronos will provide Cardano with a global concept of time that doesn’t rely on any outside timekeeper. Prof. Kiayias also pointed out that Hydra is distinguishable from other layer two protocols in that the scripting language is identical to that of the base layer in Cardano such that any dApp that can run on Cardano will run on the Hydra L2. This is a huge plus and superior to many other layer two solutions in other ecosystems where the base layer dApps will not run on layer two. Finally, the Mithril paper has been submitted for peer review. It will provide Cardano light wallets with Succinct Non-interactive Arguments of Knowledge that will give us the best of both worlds: no delays for syncing as in full node wallets while still preserving trustlessness.
Finally, the Goguen Summit will be in late September. Sign up now at summit.cardano.org.
The Fed is once again STRONGLY signalling to us that they are going to regulate stablecoins. The Fed is also specifically calling out Tether for the first time. You need to be thinking about how stablecoin regulation might affect your favorite Cardano DeFi or other project. https://twitter.com/CaitlinLong_/status/1408500265397985282 https://twitter.com/CaitlinLong_/status/1408572624125534212
People are starting to realize that the Stakehound private key loss in ETH may attract unwanted regulatory attention to Ethereum 2.0 while this problem could never have occurred in Cardano. Also, only a few days later another ETH stakepool (this time SharedStake...the sixth biggest ETH Stakepool) allegedly experiences a rugpull that some are valuing at over $30MM. This is another problem that could not happen in Cardano staking. It feels like we stepped into the ring, they rang the bell, and ETH just started punching itself in the head. Eventually it’s going to KO itself. https://twitter.com/Madror7/status/1408505144984051716 https://twitter.com/JamesSpediacci/status/1407761823143645189 https://twitter.com/MeiTrades/status/1408117430656905219 https://sharedstake.medium.com/the-sharedstake-story-by-kairos-44d37aa7837a
Here’s another great Cardano data site. This one is from the Cardano Fans stakepool. https://datastudio.google.com/u/0/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/r2LQC
John O’Connor of IOHK points out that France still controls the monetary policy of 14 countries in Africa. There is definitely a built in market on the continent for a project that delivers monetary sovereignty to the people. https://twitter.com/jjtoconnor/status/1408978882129272832
Here’s a great new interview with the CEO of World Mobile from Cardano Chats. https://youtu.be/w0Z2RP6a9HE
New article from the Cardano Foundation on Governance. https://forum.cardano.org/t/blockchain-governance-what-it-is-and-why-it-matters/65493
Sebastien explains some Alonzo HFC event changes. https://twitter.com/SebastienGllmt/status/1409485560012414978
IOG Research update from Prof. Aggelos Kiayias. Really interesting bit right at the beginning on the history of cryptography as a field of study. https://www.youtube.com/watch?v=7UAL_6f7PFw
Sebastien of dcSpark submits a Cardano Improvement Proposal to allow wallets to implement collateral. https://twitter.com/SebastienGllmt/status/1409910858117877763
New Plutus Pioneers Class starting July 1!
Charles says it looks like we will hit Alonzo white on Monday. https://twitter.com/IOHK_Charles/status/1410279529021648896
Coti update from Shahaf Bar-Geffen. https://twitter.com/COTInetwork/status/1410644013863124992
The Mithril paper (allows for trustless light wallets) is now available for your reading pleasure. https://iohk.io/en/research/library/papers/mithrilstake-based-threshold-multisignatures/
The Ouroboros Chronos paper (allows for the blockchain to be its own timekeeper) is also now available. https://iohk.io/en/research/library/papers/ouroboros-chronospermissionless-clock-synchronization-via-proof-of-stake/
Cardano is now a small part of Grayscale’s Digital Large Cap Fund. They actually sold off current holdings in other coins to buy ADA. This is big for institutional adoption! https://twitter.com/Grayscale/status/1410945118228692994
Catalyst Fund 4 results are here. https://adapulse.io/fund-4-results-are-here/
Robert Kornacki of dcSpark releases an article on why every Cardano dApp will use NFTs. The article contains some very interesting discussion on smart contracts in the EUTXO context including language instructing that “UTXOs have smart contracts attached to them and not the other way around” and “[...]the simplest way to think about it is that when a UTXO is created it has the option to have a smart contract attached to it.” https://medium.com/dcspark/every-eutxo-dapp-will-use-nfts-and-heres-why-fd87e6a8c9a6
A very interesting medium article on the concurrency problem in eUTxO blockchains such as Cardano. (Article by Occam Fi....thanks to Muggy Pool for sending it my way). https://medium.com/occam-finance/the-occam-fi-technical-series-on-concurrency-cd5bee0b850c
The concurrency issue in plutus smart contracts has also been recently commented on by Lars and Sebastien. https://twitter.com/LarsBrunjes/status/1390331642103877633 https://twitter.com/LarsBrunjes/status/1403761666383306757 https://twitter.com/SebastienGllmt/status/1410983827481108480
The Cardano Foundation has released a video on its short and long-term strategies to get to one billion users by 2026. https://twitter.com/CardanoStiftung/status/1412137365318127626
Ben O’Hanlon sets the record straight on developer interest in Cardano. https://twitter.com/benohanlon/status/1412136150404370432
As always, Cardano is straight killing the competition in terms of assets staked. https://twitter.com/StakingRewards/status/1412389781003194395
Between Cohort 1 and Cohort 2 of the Plutus Pioneers program there have been 4,300 potential future Cardano developers involved. https://twitter.com/InputOutputHK/status/1412465643245424649
Here’s an interesting chart purporting to show the dates on which various Cardano DeFi projects might have finished products. https://twitter.com/Cryptokev84/status/1412343821757730820/photo/2
IOG says they have started onboarding new SPOs and developers to Alonzo White this week. https://twitter.com/InputOutputHK/status/1412847798274478084
Charles also confirms that Alonzo White may start Friday but probably Monday due to a natural (and warranted) desire to avoid executing a rollout at the start of a weekend. https://youtu.be/yd1eg4QopV8
Daedalus 4.2.0 now adds Ledger & Trezor Catalyst Registration. https://twitter.com/InputOutputHK/status/1413176419186774018
Yoroi 4.5.7 extension release now adds Ledger Catalyst Registration. https://twitter.com/YoroiWallet/status/1413128256836997120
Here’s the voter registration schedule for Catalyst Fund 5! Get yourself registered now even if you’re in cold storage on a hardware wallet! https://iohk.zendesk.com/hc/en-us/articles/900006490763-Project-Catalyst-FAQ
Cardano Gainz Calculator now has a graph showing 10 year growth. https://twitter.com/lesquive1/status/1413249312465866757
Emurgo has released a guide on how to register for Catalyst voting with your Ledger Hardware Wallet. https://github.com/Emurgo/yoroi-mobile/blob/develop/catalyst5-instruction.md
Great new interview with World Mobile’s Mickey Watkins, Charles, and John O’Connor. https://youtu.be/WSSpI8Rtif0
This infographic shows just how big the Cardano DeFi space is getting. https://twitter.com/BPE_Crypto/status/1413973912396963840
This infographic shows just how much DeFi volume is out there for Cardano to steal. https://twitter.com/Coin98Analytics/status/1413514041029394439/photo/1
There is a new stakepool explorer available. https://www.cardanoworld.io/
Very interesting timing with a) Grayscale Buying $50MM ETCG, b) Grayscale adding ADA, and c) Charles joining the ETC Cooperative board given that two of the members of the ETC Cooperative board seem to come from Grayscale and DCG. Maybe the world is starting to understand just what Charles and IOHK have been able to accomplish over the last few years. https://twitter.com/ETCCooperative/status/1410439775950082051 https://twitter.com/ETCCooperative/status/1413328106568421377 https://twitter.com/Grayscale/status/1410945118228692994
There is a new Cardano wallet being introduced by u/berry_ales from the Berry Pool. I have no idea if it will be good or bad at protecting your ADA. Just reporting that it exists. https://twitter.com/berry_ales/status/1414548062207361025
There is currently a lawsuit challenging the notion that staking rewards should be taxed as income. The plaintiff argues that newly created property isn’t taxed as income and that this should also apply to staking rewards. A win here would be very nice for Cardano delegators. https://cointelegraph.com/news/crypto-staking-rewards-and-their-unfair-taxation-in-the-us
The Cardano Foundation’s Cardano Developer Portal is now up and running. https://twitter.com/CardanoStiftung/status/1414640913612255234
Prime Minister Abiy Ahmed’s party has won re-election in a landslide election. https://www.bbc.com/news/world-africa-57791868
Avanti Bank of Wyoming files comments with the Federal Reserve on their new guidelines that could massively impact how the traditional banking system interacts with cryptocurrencies like Cardano. Given what role ADA is likely to play in the future of crypto financial transactions, this is extremely relevant for ADA holders. https://avantibank.com/press/avanti-submits-comments-to-federal-reserve https://twitter.com/CaitlinLong_/status/1414783323193364482
Cardano is still destroying everyone in terms of value staked! https://twitter.com/StakingRewards/status/1414895205384327168
The Cardano ecosystem maps keep getting bigger and more complicated. https://poolg.de/Eco/CardanoEcosystemMap.html
In news that could have significant repercussions for many stablecoin reliant Cardano DeFi projects, Fed Chair Jerome Powell gave some hard signals that they will regulate stablecoins in House Committee testimony. He revealed that the Fed will issue its long-awated paper on stablecoins, CBDCs, and other digital assets in September. Powell also went as far as to say "You wouldn't need stable coins you wouldn't need cryptocurrencies if you had a digital US currency, I think that's one of the stronger arguments in its favor." https://twitter.com/Nate_DiCamillo/status/1415349008034418691
We experienced a successful fork to the Alonzo White testnet! https://twitter.com/InputOutputHK/status/1415399456841863177
Very serious accusations are laid out against the Meld project. https://twitter.com/Bobme808/status/1415283648438358016
The European Central Bank drops news of “a project to prepare for possibly issuing a digital euro.” A digital Euro is coming and regulation of private fiat-pegged stablecoins is coming with it. https://twitter.com/ecb/status/1415273625385644036
IOHK releases a paper on a crypto-backed algorithmic stablecoin. https://twitter.com/IOHK_Charles/status/1415531260470972423
A crypto media personality recently uncovered links between the Priviledge EU Project, Horizon Europe Grant Agreement 780477, and Cardano. https://twitter.com/BreakingADA/status/1415653936703295488
Always the GitHub activity champs! https://twitter.com/ProofofGitHub/status/1416065097794002946
We are now seeing the advent of a so-called “Fair Initial Stakepool Offering”. https://twitter.com/MinswapDEX/status/1416110973690122240
The weekly development update is out. https://roadmap.cardano.org/en/status-updates/update/2021-07-16/
Janet Yellen, Secretary of the Treasury, is calling a meeting of the President’s Working Group on Financial Markets to discuss stablecoins on Monday. Prepare for regulation. https://home.treasury.gov/news/press-releases/jy0276
Coindesk really hates us. Now they are writing articles about Cardano and using words like “crypto-colonialism”. https://www.coindesk.com/the-headache-of-crypto-colonialism
Liqwid says it is on target to be live on day 1 after the Alonzo hardfork combinator event. https://twitter.com/liqwidfinance/status/1416363542975074305
According to maximalists you’re apparently not allowed to be busy with your company authoring papers if you’re in Cardano. https://twitter.com/woonomic/status/1415761569082789890
There is actually a chart showing where all the Meld ISPO delegators came from now. https://twitter.com/stakenoble/status/1416189846054387712
The IOHK mid-month development update for July is out and available for viewing. https://youtu.be/U9K-8jILGcg
Apparently “unsigned Phalices” are a thing in the Cardano ecosystem now. https://twitter.com/unsigned_algo/status/1416909454100992000
The El Faro article reporting meetings between Cardano, Whizgrid of Cyprus, and the brothers of President Bukele of El Salvador definitely contain some extremely interesting details related to a possible Salvadorean national stablecoin by the end of the year and a possible digitization and blockchain storage of a wide range of government related documents next year. This could be huge!!!!!! https://elfaro.net/en/202107/el_salvador/25611/Bukele-Plans-to-Launch-a-National-Cryptocurrency-This-Year.htm
Treasury Secretary Janet Yellen told regulators in the Presidents Working Group on Financial Markets that they must move quickly to regulate stablecoins. So, a Salvadorean market for stablecoins might be good for Cardano. https://www.reuters.com/technology/yellen-says-us-must-move-quickly-establish-stablecoin-rule-framework-2021-07-19/
Sebastien of dcSpark was recently on Cardano Live to discuss Alonzo. https://youtu.be/lejoT_odbOY
Notable news for upcoming Cardano DeFi projects. There may be slightly less competition in the “get a return on your crypto assets” game very soon. The New Jersey AG’s office has delivered a cease and desist letter to BlockFi. The AG’s press release cited BlockFi’s interest bearing deposit accounts as unregistered securities and also mentioned the lack of FDIC or SPIC insurance for it’s depositors. This leaves some lingering questions for Cardano DeFi projects that might be planning to accept deposits or other transfers of value and offering a return of sorts. You could argue that these projects are decentralized where BlockFi was not. But, the AG’s press release seems to cite decentralization as one of the risks of DeFi projects. Also, as a practical matter, there is a question whether decentralization will be a good shield from regulators since many of these projects have companies and real humans with faces and names behind them unlike a truly anonymous founder such as Satoshi Nakamoto. https://www.njoag.gov/new-jersey-bureau-of-securities-orders-cryptocurrency-company-blockfi-to-stop-offering-interest-bearing-accounts/ https://twitter.com/BlockFiZac/status/1417316834244796416
EU is planning to introduce regulations on anonymous crypto wallets. This is a big deal. But, Cardano is probably more prepared than any with its identity solutions that could be used for KYC/AML. https://twitter.com/Wiiinnie/status/1417575921565978628
Cardano didn’t come up in the Cathie Wood, Jack Dorsey, and Elon Musk panel discussion at “The B Word” event. But, given how Elon repeatedly shot down maximalist explanations for the shortcomings of proof-of-work chains in energy consumption and throughput, the whole thing ended up sounding like a long-form pitch for proof-of-stake and Cardano. Seriously, you should check it out. https://www.thebword.org/c/track-2-Bitcoin-As-A-Tool-For-Economic-Empowerment
Emurgo is hiring for community management/product support! https://twitter.com/emurgo_io/status/1417870195952168964
Gary Gensler, SEC Chair, indicates that crypto assets providing synthetic exposure to securities will be regulated as securities. This should be scary news for any Cardano projects that are aimed at exactly that! https://www.sec.gov/news/speech/gensler-remarks-aba-derivatives-futures-law-committee-virtual-mid-year-program-072121
The mainstream press is suddenly realizing the behavioral economics tools that a central bank with CBDCs could wield. There is definitely a universe where this becomes a very dystopian and jarring introduction to virtual currencies for the mainstream. https://twitter.com/NeerajKA/status/1418168477429424135
Wolfram CEO, John Woodard, drops a guest article with IOHK on NFT liveminting. The article seems to have a good amount of focus on the community building potential of NFTs. I think that could be a big growth area for the future. https://iohk.io/en/blog/posts/2021/07/22/wolfram-and-cardano-build-communities-with-nfts-and-liveminting/
IOHK has released its Conclave paper on collective stakepools. https://eprint.iacr.org/2021/742.pdf
It looks like Cardano will be included by Celsius soon. With these types of services, never forget the old adage “not your keys, not your crypto”. https://twitter.com/CardanoDean/status/1418632715012878343
Here’s the IOHK Development Update for July 23! https://twitter.com/InputOutputHK/status/1418635822987943939
Cardano received some coverage in the Motley Fool as an eco-friendly crypto! https://www.fool.com/the-ascent/cryptocurrency/articles/4-eco-friendly-cryptos-you-should-know-about/
The Cardano Foundation is looking for a Content Writer! https://jobs.lever.co/cardanofoundation/da4104e2-178e-43b5-9016-48b612fdcd52
Big lesson for future Cardano DeFi projects: Uniswap Labs just had to censor the Uniswap UI to ban synthetics of underlying securities. Bucket shops have been around for 150 years and illegal for 100 years. It turns out that you can’t do it in crypto either. https://twitter.com/Uniswap/status/1418697012095164420 https://twitter.com/haydenzadams/status/1418961999539712006
Gerowallet has withdrawn their Project Catalyst proposal. https://twitter.com/GeroWallet/status/1419041835331117056
Check out this new video of the World Mobile Team on the ground in Zanzibar. Doesn’t this feel like a better mission for our ecosystem than DeFi? https://twitter.com/WorldMobileTeam/status/1419051567878221828

~Army of Spies