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Skull of Satoshi : Bitcoin Fans Adopt Greenpeace Artwork As New Mascot
• Greenpeace has recently commissioned artwork to highlight the climate impacts of Bitcoin. • The art piece, „Skull of Satoshi“, has been widely praised by Bitcoiners who have adopted it as a new mascot. • Will Foxley and Nic Carter praised the artwork as „badass“ and the „most metal Bitcoin artwork to date“. Greenpeace’s Artwork Highlights Bitcoin’s Climate Impact Greenpeace partnered with art activist Benjamin Von Wong for its ongoing “change the code, not the climate” campaign to convert Bitcoin’s consensus mechanism to a proof-of-stake (PoS) model. They released their art piece dubbed „Skull of Satoshi“. It is an 11 feet (3.3 meters) tall skull featuring the bitcoin logo and…
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Doodles Pivots Away from NFTs, Plans to Become Leading Media Franchise
• Doodles, an NFT project, plans to pivot away from being an NFT project and become a “leading media franchise.” • The co-founder of doodles said it will focus on its most loyal collectors and move away from financial speculators. • Some were supportive of the shift in focus while others took issue with the apparent change. NFT Project Doodles Pivots Away From Financial Speculation The NFT project doodles is looking to go beyond being an NFT project, with plans to become a „leading media franchise.“ One of the co-founders of nonfungible token (NFT) project doodles, Jordan Castro — who goes by the pseudonym „poopie“ online — said it wanted…
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Maximizing Results with Minimal Effort: Unlock Your Productivity!
• The article discusses the advantages of using a digital asset management (DAM) system for businesses, including improved efficiency and cost savings. • It outlines several key features that make DAM systems especially useful, such as automation, collaboration tools, and security. • Finally, it provides tips on how to select the best DAM system for a business’s needs. Introduction to Digital Asset Management Digital asset management (DAM) is an increasingly popular tool for businesses looking to streamline their operations and reduce costs. A DAM system allows organizations to store digital assets such as images, videos, audio files, documents, or any other type of digital content in one central repository that…
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Crypto Donations Amplify Speed and Global Reach During Crisis
• Cryptocurrency donations are providing fast and unencumbered support for disaster relief efforts in Turkey and Syria. • Chainalysis estimates that over $5.9 million of crypto donations have been made to support the regions’ victims. • The speed, global nature and transparency of cryptocurrencies make them ideal for raising funds quickly during times of crisis. Crypto Donations Amplify Speed and Global Reach During Crisis Since devastating earthquakes hit parts of Turkey and Syria in February, cryptocurrency-based donations have become a powerful tool for providing fast and unencumbered monetary support during times of crisis. Chainalysis Estimates Over $5.9 Million Donated Blockchain analytics firm Chainalysis estimates that around $5.9 million of crypto…
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TON Blockchain Freezes $2.6B Worth of Inactive Tokens
• The Open Network (TON) community voted to suspend miners‘ wallets for four years if they are inactive and have never made an outgoing transaction. • As a result, 1,081,389,416 Toncoin (TON) were suspended which is worth an estimated $2.58 billion at the time of publication. • This would lead to greater clarity regarding the volume of TON currently circulating and help the active community participating in the open-source project will continue to grow and thrive. TON Blockchain Suspends Inactive Wallets The Open Network (TON) community recently voted to suspend miners’ wallets for four years if they are inactive and have never made an outgoing transaction. This decision resulted in…
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Bitcoin Eyes ‚Next Big Move‘ as $19K Retest Looms: Analyst
• Bitcoin (BTC) is currently trading in a „pivotal area“ between $19,000 and $28,000. • Popular trader Skew believes that the next few days will decide which direction BTC’s price will go. • The direction of BTC’s price could be affected by U.S. dollar strength, bond yields and stock market performance. Bitcoin Price Range Between $19K and $28K Popular trader Skew believes that Bitcoin (BTC) is currently trading in a „pivotal area“ between $19,000 and $28,000. This week could decide which direction BTC’s price will go, as it has been consolidating over the past two weeks. U.S Dollar Strength and Other Factors Could Affect Price Direction The direction of BTC’s…
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U.S. Taxpayers Deserve Fair Treatment: ConsenSys Supports Jarrett Tax Case Appeal
• ConsenSys has released a statement in support of the appeal of the Jarrett v. United States case concerning taxation of staking rewards. • The original dispute arose from a claim for a refund of about $4,000 that Joshua and Jessica Jarrett sought on Tezos tokens they validated in 2019. • The Ethereum Shanghai upgrade scheduled for March will allow validators to withdraw 16 million staked Ether, making the tax treatment of staked crypto a timely issue. ConsenSys Issues Statement Of Support For Jarrett Tax Case ConsenSys has released a statement Feb. 7 in support of the appeal of the Jarrett v. United States case concerning taxation of staking rewards.…
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SEC Rules Sale of LBRY Credits (LBC) Tokens Does Not Constitute a Security
• The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY Credits (LBC) tokens in the secondary market doesn’t constitute a security. • During an appeal hearing on Jan. 30, Attorney John Deaton settled a major debate and argued that the SEC’s injunction was ambiguous and broad. • This settlement is seen as a big win for the entire crypto industry and a step towards more clarity in the regulation by enforcement. On January 30th, 2023, the United States Securities and Exchange Commission (SEC) made a landmark ruling that the sale of LBRY Credits (LBC) tokens in the secondary market does not constitute a…
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Crypto Detectives Trace Stolen Funds, 350 Addresses Linked to $100M Harmony Bridge Hack
• A crypto tracking platform, MistTrack, has followed the funds taken in the Harmony bridge hack, leading to a list of 350 addresses associated with the attack. • The funds were stolen by North Korea’s state-sponsored Lazarus Group and were transferred through various exchanges to elude trackers. • Harmony offered a reward of $1 million for the return of the funds, but this offer was not accepted. On June 23, 2022, a devastating attack on the Harmony bridge caused a loss of approximately $100 million in tokens. The attack was traced back to the North Korean state-sponsored Lazarus Group, though no one has been able to pinpoint exactly who was…
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International Effort Uncovers $2.1 Million Crypto Investment Fraud
• Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022. • The investigation identified a criminal network that incurred over $2.1 million in losses — primarily for German investors. • The scammers lured victims — from Germany, Switzerland, Australia and Canada, among others — to invest in bogus crypto investment schemes and websites. In June 2022, Europol and Eurojust, two European Union agencies for law enforcement cooperation, joined forces with authorities from Bulgaria, Cyprus, Germany and Serbia to mount an investigation into online investment fraud. This operation led to the uncovering of a…