Home Blog Page 2572

Elon Musk Mocks Bitcoin Maxis, Twitter CEO Comes To Defend, Both Agree To Have “The Talk”

0

Tesla CEO Elon Musk ridiculed bitcoin maximalists with a lightbulb joke in his recent Tweets after being accused of biphobia for trolling Jack Dorsey.


Tesla CEO Elon Musk once again shows off his questionable sense of humor on Twitter.

The multibillionaire just tweeted a pejorative joke in which he asks how many bitcoin maximalists it takes to screw a light bulb.

He further said “Thats Not Funny”

stormgain

The cryptocurrency community responded sharply to Musk’s Tweets.

 

Musk also said the word actually meant for “bicurious” under the Jack Dorsey’s tweet about CCI’s Word B initiative, which will be hosted by Twitter CEO and Katie Wood of Ark.

 

In turn, Dorsey replied that Musk could share “all his curiosities” at the event.

 

Jordan Belfort, the Wolf of Wall Street stockbroker said Musk would do whatever he wanted to keep his boat floating.

 

Many have accused Musk of being biphobic and homophobic, due to the tasteless and childish joke.

Tesla CEO then agree to have “The Talk” with Twitter CEO, When Jack said “Let’s Have A Talk” in recent tweet.

Elon Musk Replied:

 

Another Big Cardano Partnership on The Cards As Charles Hoskinson Is Planning El Salvador Visit

1

Cardano creator Charles Hoskinson has expressed his thoughts on Cardano’s prospects in El Salvador. Charles’s views came in the latest AMA (Video Below With Timeline) on YouTube on 21-6-2021.


Cardano Founder is confident about Cardano’s future in El Salvador, but he says the situation will become apparent in the next two to three weeks.

Previously Cardano had a great partnership with the Ethiopian Government to promote and improve their education system. The second major partnership came when Cardano announced a partnership with Tanzania. IOHK and World Mobile created digital identities, mobile internet connection, and financial acceptance to communities in Tanzania.

Cardano founder is always looking to progress and make partnerships. He is one of the most active founders that are always busy on Twitter, YouTube, corresponding with their community and announcing updates.

stormgain

Read: Input Output Global (IOG) Partner World Mobile Launching Their Token On Cardano

In his latest AMA, Hoskinson said that Cardano talks with officials in El Salvador, and a meeting with Nayib Bukele is likely too.

On a question, Any Thoughts on El Salvador? Any communication with the country regarding ADA?

Hoskinson answered:

“Yes, we have been in talks with some officials and parties of El Salvador, and I may do a state visit, sent all the documentation and request for that, to meet the president. We have talked to a few people in that orbit, and they have expressed their interest in digitizing the country and going beyond just legalizing Bitcoin. We would have a better sense in probably the next two to four weeks. If it is a proper state visit, I will have a suit made, look pretty and go over to have some fun.”

If such a visit of Cardano energetic leader become official and seal some deal from El Salvador, it would be gigantic for Cardano and its ecosystem.

But on the other hand, El Salvador is facing a tough time by IMF and World bank because of their recent step of making Bitcoin a legal tender. Therefore, any new deal with any altcoin may not be an easy decision for El Salvador’s top management.


Read: World Bank Refuses El Salvador Request To Assist With BTC transition

Watch Video ( 00:16:26— Any Thoughts on El Salvador? Any communication with the country regarding ADA?)

 

 

 

Suzhou City Launched “Changan Code” Based On Vechain Toolchain Covering More Than 300,000 Local Residents

0

A few days ago, Suzhou City have launched the blockchain-based “Changan Code”, covering more than 300,000 local residents based on “Field Security code” that is built on VeChain ToolChain.


Vechain powered “Field Security code” is a urban public health and safety management platform . Its methodology relies on experts from domestic health, disease control and other relevant departments, as well as international authoritative third-party risk management methods, and is formed by a team of third-party experts.

Suzhou City blockchain-based “Changan Code“ has achieved service support for hotels, homestays, office buildings, science and technology parks, shopping malls, and health care centers in Suzhou High-tech Zone and other areas outside Suzhou. It has completed nearly 200 services in total.

Vechain powered "Changan Code"

“Changan Code” was selected as one of the top ten scenarios of the first batch of blockchain applications in Suzhou High-tech Zone (bottom left of the picture).

stroamgain

Vechain Powered Field security Code specifically addresses the public health and safety risk prevention and control needs of communities and residential communities, and is of great significance in the normalization of epidemic management and control. All epidemic prevention operating standards and implementation process are uploaded to the VeChain blockchain platform for certification.

Vechain Field Security Code is shaping a typical application model of the combination of blockchain and community governance , and is ensuring a higher level of health and safety, living environment for community residents, and enhancing residents sense of security against epidemics and Improve the quality of life.



As an enterprise-friendly blockchain company, VeChain provides a cost-controllable development environment for Vechain powered “Changan Code” products, and guarantees stable operation through excellent underlying technology . The landing of “Changan Code” in different public places will also expand ideas for the combination of blockchain technology and smart cities.

Reddit Is Selling Three Unique “CryptoSnoos” NFTs Built On ETH Blockchain

0

Reddit social networks giant is auctioning a very limited number of Non Fungible tokens (NFT) built on the Ethereum blockchain.


Three unique NFT “CryptosSnoo” built on the Ethereum are being sold by Reddit. The sale is open on the NFT OpenSea platform and closes on July 1.

Named “Cryptosnoos”, Reddit NFT collection, presents the Snoo alien mascot. A Snoo was originally created as a doodle, but after several changes became the alien mascot of Reddit.

Three NFT Cryptosnoos are given the names of Original Block, Helium and Snooprematic.

Reddit unique NFT sale

Three NFT are currently sold on the NFT OpenSea platform, and their auction ends on July 1.

The Original Block NFT is created with Reddit’s characteristic Snoo caricature. It reflects early days of Reddit and Reddit culture because of its similarity with the original version of Snoo, said Reddit.

stromgain

According to Reddit, the helium NFT is associated with the movement of contemporary art due to its reference to the popular culture and everyday subjects that are blue and glittering.

On the other hand, Snooprematic NFT consists of geometric shapes, such as squares, circles and rectangles presented in various colors.

Reddit says that when someone buys Cryptosnoo NFT and connects it with his Reddit account, the image of Cryptosnoo will become its Reddit avatar, and the NFT collection card will appear in its profile.  In addition, they will also receive an animated glow in their comments to let everyone know that they are the owner of Cryptosnoo NFT. The owners will also be able to sell their NFT to someone else if they want.

The current highest rate for the original Block NFT is one wrapped Ethereum (wETH) that is about $1900; For helium, it is 0.52 wETH (about 1000 US dollars); And for Snooprematic, the current highest rate is 0.58 wETH (about 1,100 US dollars).


Running forward, Reddit plans to sell more NFT, which will have epic and rare tags. NFT with EPIC tag will be “extremely limited edition,” said Reddit, while the rare NFT tag will be “limited edition”.

 

Fiserv and NYDIG Became Partners to Bring Bitcoin to U.S Banks and Credit Unions of All Sizes

0

Bitcoin goes further into the mainstream as Stone Ridge subsidiary NYDIG and Fortune 500 company Fiserv (NASDAQ: FISV) made a partnership to make BTC available to Banks and Credit unions.


 

The partnership announced on June 23 will help Financial institutions of all sizes to enable customers to to buy, sell and hold bitcoin through their bank accounts. This will help credit unions and banks to meet the increasing demand in BTC, grow and retain their customer base and to increase non-interest income opportunities.

California’s First Foundation bank (NASDAQ: FFWM) is already working to bring such a functionality.

CEO of First Foundation Inc, Scott F. Kavanaugh said:

“Digital assets have caught the eye of consumers and investors, If our industry is truly committed to innovation and the financial future of our clients, we need to lead in this area and help create a secure and trusted platform for using bitcoin for everyday financial matters.”

Both Fiserv and NYDIG have plans to implement such programs that would pay customers rewards in BTC in future.

stormgain

Chief digital and data officer at Fiserv, Mr Vielehr Said:

“Interest in CRYPTOCURRENCY, and particularly bitcoin, has skyrocketed over the past several years, to the point that bitcoin investing is now a commonplace activity, People continue to turn to financial institutions as a central place to manage their financial activity, and being able to offer this capability will help position banks and credit unions at the forefront of their customers”

Robert Gutmann, co-founder and CEO of NYDIG said:

“Our partnership with Fiserv represents a leap forward in bringing integrated bitcoin transactions to institutions of all sizes, positioning them to meet growing demand and interest from their customers, We look forward to fulfilling our mission of expanding consumer access to bitcoin through their trusted financial institutions with Fiserv.”


Last month NYDIG and Fidelity National Information Services (FIS) had a partnership that allow hundreds of small U.S. banks to hold and trade Bitcoin.

Cardano Founder Charles Hoskinson Thoughts on Mcafee Death

0

Cardano Pioneer expressed his thoughts and emotions on Jhon Mcafee death in his latest video.


Summary Of Charles Hoskinson Thoughts on Jhon Death:

“I just got the news from El mundo which is a large newspaper over in spain and it looks like Reuters is starting to confirm it that today john mcafee killed himself.

Mcafee is one of the most enigmatic and interesting people in the cryptocurrency space and in the history of computing.

He was 75 years old and Mcafee was a pioneer in the early days for antivirus software. which is where many people know his name mcafee antivirus still floats around.

At this point he was also a deeply troubled person his father killed himself when i think mcafee was about 15 years old, there was numerous issues with substance abuse and alcohol and he lived an incredibly colorful life.

After he sold his company he went into a variety of lifestyle businesses from running around the jungles of belize looking for alternatives to antibiotics,  fighting with the government, many girlfriends, he was a character unto himself.

When he decided to change industries and enter our industry (Crypto) it was a really unique moment where he had an opportunity to reinvent himself in a new way as this industry tends to do for people.

stromgain

Unfortunately his demons got the best of him and instead of building businesses he made the decision to let his vices and desire overcome him and he got involved in all kinds of things such as advertising icos or tokens pay-to-play type of things.

I personally met john Mcafee i met him in Malta years ago at a conference people deeply engaged with him and he had a huge personality.

The nature of suicide is still yet not completely confirmed but it looks like it’s the case, because one of the largest newspapers in Spain and US media is starting to already say that it happened. USD department of justice has also confirmed the death. 

The reasons for the suicide seemed self-evident. Mcafee was 75 years old and the extradition to the US was approved. He was looking at over 30 years in jail if convicted, so it seems that he decided to choose ending his life.

A lot of people who have these crazy annex are deeply complicated and hurt in some way and mental health is just as important as physical health and a proper balance of these things is often underappreciated when one is an entrepreneur.

There’s no doubt in my mind that Mcafee had demons that he couldn’t resolve, however for every Mcafee that we know there are dozens that we don’t know and every time an event like this happens it’s an opportunity for us to reflect on that reality and understand that society needs to be more accommodating and society needs to be a bit better at intervening and helping those who need that help.

Macfee story has come to an end, so the burden is upon us now to find meaning in it and the burden is upon us now to figure out a way to move forward and hopefully gain some wisdom.

Rest in peace john, we’ll miss you and i’ll miss you.“


 

Watch Video:

 

A Doncaster Woman Was Left Breathless When Scammed For Thousands Of Pounds In Crypto

0

A Doncaster (England Town) woman trusted a online scammer and lost thousands.


Eloise Jackson was shocked when she came to know that £8,500 had been taken from her. The 27 year old was researching how to invest in cryptocurrency and fell victim of online scammers.

Eloise said:

“I was reading news articles on my phone about investing so I assumed the resources included would be reputable. I trusted that they would be fact checked but it was a scam.”

Eloise said, Neuer Capital looked very real and she did not know she was dealing with scammers – even her bank believed the scammers were legit when the case went to fraud team.

storm gain

“When it hit me that the money was stolen and I wasn’t getting it back I had a desperate cry,” she said.

“I couldn’t breathe and I fell apart. But I fear for people who are desperate for money who could lose their life savings and end up in a really bad situation.

Cryptocurrency is a new way of investing and Eloise fears that the scammers are using this new way of earning against people.

“I knew about people who had invested in it but personally I knew little about it,” she said. It can be exciting to feel like you’re jumping on the bandwagon early to something.“But if you’re not familiar it could make it easier for you to be scammed out of your money.”

Unfortunately Eloise did not got her money back.

“I can’t stress enough how important it is to check everything over and over, she said. You’re not being silly for being careful.Just look what happened to me.”

She said she cannot believe how people do frauds and then go to sleep at night.

“I can’t believe there are people who could do this to a pregnant woman. How do they sleep at night?”

Eloise advise all new comers to be very careful when investing in crypto.

OCTO3 And DASH Become Partners Bringing DASH payments To OCTO3 platform

0

DASH Next and OCTO3, a Hong Kong-based provider of payment technology infrastructure, have partnered to offer DASH as a currency on the OCTO3 platform.



DASH Next and OCTO3, a Hong Kong-based provider of payment technology infrastructure, have partnered to offer DASH as a currency on the OCTO3 platform.

OCTO3 works with major card schemes, alternative payment methods, regional e-wallets, clearing houses, third-party payment processors, PSPs, and large size merchants. Via this partnership, current and future customers will be able to make digital currency payments with DASH.

strom gain

OCTO3 provides fintech solutions and payment rails to the decentralized blockchain Hazza Networks payments ecosystem, which is now owned by Gravitas International. Gravitas provided advisory services to the DASH network and is using OCTO3’s technology and payments expertise.

Read More On:

https://www.octo3.com/post/dash-next-partners-with-octo3-group

IOTA Is Mentioned in Latest Patent Application of British Biotech Giant Leica Biosystems

0

British Biotech Giant Leica Biosystems, recently published patent application titled “Immutable-Ledger-Based Workflow Management For Patient Samples” has mentioned IOTA blockchain.

 

New Leica’s patent concerns the workflow of the management of samples obtained during microscopic studies.

Leica notes that immutable ledgers are a promising tool used to manage digital assets. In particular, the use of a modification-resistant ledger implemented as a blockchain or directed acyclic graph (DAG) provides accurate and efficient asset tracking.

This technology can also be used with samples, which lately can be used to identify pathogens, make diagnoses, archiving, and other medical purposes.

strom gain

The authors of the patent application note that the Health Insurance Portability and Accountability Act (HIPAA) which regulates individually identifiable health information assumes that health information related to patients’ specimens shouldn’t be public. A blockchain is a great tool for ensuring privacy specimen tracking.

IOTA Role

The workflow management system based on an immutable ledger for patient samples (for example, tissue samples) can use a directed acyclic graph (DAG), which is a hierarchy of nodes without any cycles.

 

It is designed to work with huge arrays of information. If the network size is small, DAGs are more vulnerable compared to classic blockchains. To add a transaction to a DAG, a user must approve two randomly chosen unconfirmed transactions. In such a system, native tokens can be used, in particular, an example of such use can be IOTA in Tangle.

Canada 3iQ Bitcoin Fund Listed On Nasdaq Dubai

0

3iQ launched bitcoin fund trading on Nasdaq Dubai after receiving regulatory approval for dual listing in April. With the help of the 3iQ Bitcoin Fund, Dubai investors will be able to access the crypto asset without buying BTC directly. The dual listing of the 3iQ bitcoin fund allows investors to swap assets between Nasdaq Dubai and the Toronto Stock Exchange (TSE).


Canada largest digital asset investment fund manager, 3iQ, is expanding its reach to global investors by listing its public bitcoin fund (BTC) in a major market in the Middle East.

3iQ has deployed its Bitcoin Fund (QBTC) to trade on Nasdaq Dubai. Trading began on Wednesday at 10:00 am Dubai time.

3iQ received regulatory approval for a dual listing of the Bitcoin Fund on Nasdaq Dubai in April 2021, with plans to begin trading in the second quarter. 3iQ CEO said the company is also in talks with other exchanges in Singapore, Taiwan, Sweden and the United States to list the fund.

strom gain affiliate

The launch of the fund comes at a time when Bitcoin (BTC) and the general cryptocurrency market are facing severe turbulence and volatility. On Tuesday June 22nd, the BTC price dropped to a low of $ 29,000. However, 3iQ CEO, Frederic Pye, is confident about the future of Bitcoin.

“We could be in for another correction, or most likely the markets consolidate over the summer and then the markets again will go to an all-time-high on Bitcoin, if you believe in the thesis. That means investors in Dubai are going to be in a perfect position to make some money, which is a win, win, win situation.”

With this dual listing 3iQ Bitcoin fund in Canada as well as the UAE, investors can easily transfer funds from the Toronto Stock Exchange to the Nasdaq Dubai. In addition, investors from any region can directly purchase shares of bitcoin funds on other exchanges.

Pye added:

“It’s extraordinary access for investors in Dubai to be able to just go to the Dubai Nasdaq, in their time slot, and buy something that shows up in their investment account like any other security would.

The ease of transaction, the ease of moving in and out, is absolutely wonderful with this listed security, yet up until now they were only able to do these listed securities by waiting for North American hours.”


3iQ is one of the biggest crypto companies in Canada. In January 2018 3iQ became the first cryptocurrency regulated by the Canadian Securities Administrators, and Ontario Securities Commission.