Philip (@philip9876) • Hey
www.philip9876.wordpress.com
Publications
- Fox’s Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content.
https://cointelegraph.com/news/fox-time-blockchain-verify-combat-misinformation-press
- Wonder what these Linea LXP will be worth it. Hopefully we at least get the gas back.
- During an X Spaces hosted yesterday, “Pharma Bro” Martin Shkreli revealed that he was involved in creating the Solana-based token DJT, which has been the subject of intense speculation after rumours it was being “spearheaded” by Donald Trump’s son.
https://www.coindesk.com/markets/2024/06/19/martin-shkreli-says-he-is-behind-trump-linked-djt-as-zachxbt-gcr-start-poking-around/
- Good 🌞🌞
- Evenings for the next one month is sorted. Go Germany, Italy & France
- Eigen Labs, the company behind the EigenLayer protocol, has announced the acquisition of the restaking platform Rio Network. The acquisition, which was carried out through two separate transactions, will also see Rio’s intellectual property code made open-source. Specifically, the Eigen Foundation plans to open-source Rio network’s liquid restaking token (LRT) technology as a reference implementation in the EigenLayer ecosystem. The companies did not disclose the value of the deal.
https://cointelegraph.com/news/eigen-labs-acquires-rio-restaking-opens-lrt-code
- Have a wonderful day ahead.
- Australia’s first spot Bitcoin ETF is set to launch for trading when markets open on Tuesday. The ETF (IBTC) is launched by Australia-based Monochrome Asset Management and will begin trading on the Cboe Australia exchange on Tuesday. While Australia already has several exchange-traded products offering exposure to Bitcoin, Monochrome Asset Management is the first to get approval under a new crypto asset licensing category made under Australian Financial Services (AFS) licensing rules in 2021. IBTC reportedly offers in-kind redemption for investors.
https://www.coindesk.com/policy/2024/06/03/australiass-first-spot-bitcoin-etf-with-direct-btc-holdings-to-go-live-on-tuesday/
- Web3-focused crypto venture firm a16z Crypto has reportedly donated an additional $ 25 million to the pro-crypto federal super political action committee (PAC) Fairshake. Notably, the new contribution brings the firm's total donation to Fairshake "and related entities" to $ 47 million.
https://www.theblock.co/post/297658/a16z-crypto-donates-additional-25-million-to-pro-crypto-super-pac-fairshake
- Unseasonal summer rains and a beautiful rainbow🌈
- The layer-1 blockchain platform Aptos, developed by former Facebook employees, has achieved a new milestone in blockchain transactions. It surpassed Solana by recording 115. 4 million transactions in a single day on May 25, compared to Solana’s 31.7 million.
https://cointelegraph.com/news/aptos-sets-new-record-for-daily-transactions-with-115-million-txs
- Mandala colouring. A great stress buster
- Nothing great. But free money is free money. Check your allocation at https://claim.taiko.xyz/
- ChatGPT-maker OpenAI said it is suspending use of one of its popular AI voices after users noted how similar it sounds to actor Scarlett Johansson's voice.
The company's so-called voice mode function, launched in 2023, lets users interact with ChatGPT, widely used "generative" artificial intelligence software, by speaking to it. It also acts as a text-to-speech tool that reads answers to user prompts in one of five different voice options.
https://www.cbsnews.com/news/openai-chatgpt-scarlett-johansson-ai-voice/
- CME Group, the world’s largest futures exchange, is planning to launch bitcoin trading, aiming to capitalise on surging demand this year among Wall Street money managers to gain exposure to the cryptocurrency sector.
https://www.ft.com/content/bfae5894-8fa7-4131-86ce-7f8614065985
- Tokyo-listed Metaplanet has reportedly adopted BTC as a strategic reserve asset and hedge against Japan's debt burden and the resulting volatility in the yen. The company stated that it acquired a total of 117.7 BTC ($ 7.19 million) since April.
https://www.coindesk.com/markets/2024/05/13/metaplanet-makes-bitcoin-a-reserve-asset-as-japans-debt-mountain-grows/
- JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the spot BTC exchange-traded funds launched in January.
https://cryptoslate.com/jp-morgan-wells-fargo-latest-major-banks-to-disclose-bitcoin-etf-exposure/
- Not bad for someone who started only end of last year.
- The xswap airdrop starts in another 6+ hours. Check your eligibility. Hopefully in the second season, they will increase the number of chains supported.
<https://xswap.link/airdrop>
- Always have a Plan B 😀
- The whole Layer zero sybil hunting has turned out to be a s*** show. Hope zkaync and other airdops take note on how not to alienate the community.
- Good morning🌞 Wishing and hoping for a green May.
- Not much points out there.
- International Business Machines will buy HashiCorp in a deal valued at $ 6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand. Software has been a bright spot for IBM as its consulting business grapples with more cautious spending by enterprises navigating higher interest rates. IBM will pay $ 35 per share for HashiCorp, a 42.6% premium to Monday's closing price. HashiCorp's shares had surged on Tuesday following media reports of the deal talks.
https://www.reuters.com/markets/deals/ibm-buy-hashicorp-64-billion-deal-expand-cloud-software-2024-04-24/
- 🎁 2 x Phaver-Up NFT Giveaway
I am giving 2 NFTs for the Genesis Edition @lens/phaver NFT Collection, which has only 2000 supply. 🚀
PHAVER token is close and these NFTs will be very valuable. Good luck everyone!
For raffle:
📌 Like + Mirror
📌 Write your Phaver Username in the comment
(If you do not have a Phaver account, download and register with cryptotelugu code)
📌 Follow me on Phaver (holdbtc.lens)
📌 Connect at least 1 NFT to Phaver (this is mandatory)
If you do not have an NFT to connect, you can find a free alternative from the link: https://phaver.gitbook.io/phaver-help-center/phaver-points-and-cred-score/anima-proof-of-personhood
⏳ Ends 28th April. (Winners will receive NFT as airdrop to their linked main wallet on Phaver within 1-3 days after the event ends)
- Telegram Messenger founder Pavel Durov predicted that rising government surveillance will force the birth of secure communication devices inspired by cryptocurrency hardware wallets. He also claimed that the FBI attempted to persuade people affiliated with Telegram to install backdoors for surveillance purposes. "The world is becoming less amenable. Governments are becoming less tolerant of privacy. And that’s clearly the trend because they have more technological power. "
https://cointelegraph.com/news/crypto-wallet-communication-devices-break-government-surveillance-telegram-founder
- And just like that the Bitcoin halving happened with clockwork precision. Thank you Satoshi.
- Congratulations to all the winners.
The AVAIL Claims Portal is now live. Check your eligibility by going to the Avail Claims Portal, accepting the Avail Mainnet Terms & Conditions and the supplemental Airdrop Terms & Conditions as well as following the claims process.
https://blog.availproject.org/avails-unification-drop/
- Protein folding is so important. In 2023, DeepMind won the $ 250,000 Lasker award for their solution to the problem. A lot of people have asked me to explain protein folding in simple, understandable terms.
https://twitter.com/prmshra/status/1780636633550733502
- Solana developers have reportedly released a mainnet beta update, v1.17.31, to deal with the ongoing network congestion on the Solana blockchain. Solana v1.17.31 is now recommended for general use by MainnetBeta validators. Earlier, the failure rate of non-voting transactions on the Solana network was as high as 76.8%
https://cointelegraph.com/news/solana-mainnet-beta-update-resolve-congestion-issues
- The FOXY airdrop is live. Check and claim if you're eligible
https://twitter.com/FoxyLinea/status/1778688741793571308
- Another underwhelming airdrop #nibiru
https://app.nibiru.fi
- It's coming.
- HAVA Coin is a cutting-edge cryptocurrency meticulously crafted to empower participants in the Cosmos ecosystem. Serving as the backbone of decentralized finance (DeFi) activities, governance processes, and community engagement, HAVA Coin epitomizes the spirit of innovation and inclusivity within the blockchain space.
Check if you are eligible for the airdrop
https://havacoin.xyz/airdrop
- A wallet tagged as belonging to the U.S. government moved 30,175 bitcoins to what's reported to be a Coinbase wallet late Tuesday morning.
At bitcoin's (BTC) current price around the $ 65,000 level, that would be roughly $ 2 billion worth of the token. The last confirmed sale by the government – which in late 2022 seized roughly 50,000 bitcoins related to the Silk Road website – was in March 2023 when it unloaded 9,861 coins for $ 216 million.
This morning's movement of bitcoins was to an unidentified wallet, but Arkham Intelligence has tagged the wallet as belonging to crypto exchange Coinbase. Already sharply lower on the day, bitcoin slipped a bit further following the news, dipping under $ 65,000. It's since bounced a bit, now trading at $ 65,200, down 4.7% over the past 24 hours. The broader CoinDesk 20 Index is lower by the same amount.
https://www.coindesk.com/markets/2024/04/02/silk-road-bitcoin-worth-2b-moved-by-us-government-on-chain-data/
- Coffee giant Starbucks is reportedly shutting down its Starbucks Odyssey Beta platform on March 31st. Notably, the Starbucks Odyssey Beta platform allowed users to engage in coffee-themed games and challenges in return for digital stamps that could be used to access new benefits and interactive experiences. Along with the platform, Starbucks also stated that it will shut down the marketplace where users traded their digital stamps, as well as the community discord server.
https://cointelegraph.com/news/starbucks-nft-odyssey-beta-program-digital-collectible-stamps
- Telefonica is one of the world’s largest telecoms companies. It’s partnered with Chainlink to reduce hacks and exploits within the world of Web3. I’m sure you’d agree that the crypto industry needs all the help it can get here. Together both companies will build new tools for blockchain developers to protect against SIM swap attacks.
The collaboration will use Chainlink Functions to connect APIs on GSMA’s Open Gateway to the Polygon network. GSMA is an organisation with over 1,000 mobile operators and businesses to help onboard the telecoms sector into the Web3 ecosystem. GSMA’s SIM SWAP API will be used to allow smart contracts to query whether a SIM card on a device has suffered any unauthorised changes.
- Do a simple task on Jumper Finance to get the Bridge To Linea (BTL) pass by Mercle. Also qualifies for a raffle for the LilPudgys NFT
https://twitter.com/JumperExchange/status/1757011897436848532
- According to a CoinDesk report, exit polls show El Salvador's bitcoin-friendly president Nayib Bukele is on his way to another five-year term. Bukele also tweeted that his team’s data indicates he will emerge vict @ orious with “more than 85% of the votes and a minimum of 58 of 60 deputies in the Assembly." Notably, the country plans to issue its long-awaited bitcoin-backed "Volcano bonds" this year. The bonds received regulatory approval in December and are expected to fund a BTC mining industry powered solely by renewable energy.
https://www.coindesk.com/policy/2024/02/05/el-salvadors-bitcoin-friendly-president-nayib-bukele-wins-re-election/
- According to a court hearing, bankrupt crypto exchange FTX expects to fully repay its customers. However, the full recovery of customer assets is contingent on the point of FTX’s actual bankruptcy. While that date was preliminarily approved by U.S. Bankruptcy Judge John Dorsey, it's a point of contention for some claimants. Moreover, the firm has reportedly abandoned plans to restart the exchange.
https://www.coindesk.com/policy/2024/01/31/ftx-expects-to-fully-repay-customers-but-wont-restart-defunct-crypto-exchange/
- Orbiter Finance is a potential good one to farm for airdrop. Another potential airdrop opportunity is Rhino Finance.
Orbiter Finance, the cross-chain bridge protocol, is reportedly planning to launch its own layer-2 network called ‘Orbiter Rollup.’ The protocol describes the new rollup network as a "meta-layer" powered by zero-knowledge proofs. Notably, the protocol just recently announced a strategic investment of an undisclosed sum from OKX Ventures.
https://www.theblock.co/post/274752/newly-okx-backed-layer-2-bridge-orbiter-finance-announces-its-own-l2-network
- Which are the other modular blockchains that are on the Celestia path which could give superlative gains in the oncoming bull market? Alt Layer is the next expected airdrop on 25 Jan. Manta has already dropped. These are the 2 tokens that i would look to accumulate depending on my budget and the amount of airdrop received. Near Protocol is another modular chain that has more than tripled in price from Oct 2023.
Didnt qualify the Dymension $DYM airdrop. So would like to pick some up after the intial dump post the token airdrop. Fuel network is another one that can be farmed for a potential airdop in the future. Its developed by the same team that made Celestia $TIA.
So, lots to look forward into the future. Good luck to all of us as we go on an airdrop adventure this year and next.
- Soarchain is airdropping its native token, $MOTUS. A total of 2.5% (47,500,000 $MOTUS) of the overall supply is dedicated to the airdrop. This token opens the door for users to access and benefit from real-world applications, promoting genuine adoption of cryptocurrency in everyday use. The biggest portion (40%) of the airdrop would be given to the Testnet Users, we strongly encourage everyone interested in the future of blockchain and mobility to become a part of this crucial phase.
https://www.blog.soarchain.com/post/soarchain-s-big-launch-motus-airdrop-in-the-exciting-world-of-depin
- According to a Wall Street Journal report, crypto investors in China are conducting trades using an underground network of brokers and go-betweens to get around the country's cryptocurrency ban. Specifically, Chinese crypto traders meet in public places such as cafes, snack kiosks, and even laundromats to swap wallet addresses, arrange bank transfers, or pay for crypto using cash. They also reportedly use social media apps like WeChat and Telegram to conduct trades with counterparties referred by their friends.
https://ca.finance.yahoo.com/news/crypto-traders-china-meeting-laundromats-164134227.html
- According to local media reports, the Petro (the Venezuelan national cryptocurrency) will cease to operate on Jan. 15. Any remaining Petros are being converted to bolivars, the ailing local currency. Notably, the coin was created in 2018 to help the country evade United States sanctions but was never widely used. The state-run, oil-backed crypto was launched after the country’s fiat currency, the bolivar, declined sharply under pressure from United States sanctions and after Bitcoin had already gained a firm foothold in the country.
https://www.barrons.com/news/venezuela-kills-off-petro-cryptocurrency-1e2b0317
- And it's happened, finally $BTC ETF approved. Now wait for the 3 next major moves.
$BTC halving in April
Rate cuts
QE printing
https://cointelegraph.com/news/sec-spot-bitcoin-etf-approvals
- Airdrops are the gift that keep on giving 😍
- Some more indications that this was all a part of mainstreaming Binance before the eventual ETF approval.
Crypto exchange Binance has announced that it will be placing “monitoring tags” on a number of coins and tokens, namely ANT, FIRO, KP3R, MDX, MOB, REEF, VAI, XMR, ZEC and ZEN. Notably, assets with the ‘monitoring tag’ are at risk of being delisted since they may no longer be meeting the exchange’s listing criteria.
https://www.theblock.co/post/270282/binance-monitoring-tag-monero-zcash
- Ethereum block explorer Etherscan has reportedly acquired Solana block explorer Solscan as part of its vision to “improve the accessibility of blockchain data across multiple networks.” Following the acquisition, the team stated that it was planning to integrate additional features across both explorers in order to offer enhanced support.
https://www.theblock.co/post/270096/etherscan-acquires-solscan-expand-blockchain-data-services
- Happy New Year. Here's to new beginnings