Profile: 4b75da81...
You Guys need to check this out
https://t.me/hamster_kombAt_bot/start?startapp=kentId6346228924
Mining bots on telegram
https://t.me/tapswap_mirror_2_bot?start=r_6346228924 🎁 +2.5k Shares as a first-time gift
https://t.me/hamsteR_kombat_bot/start?startapp=kentId6346228924
Tornado Cash developer Alexey Pertsev has been sentenced to just over 5 years in prison for alleged money laundering.
Alexey Pertsev, a developer for the Ethereum-based crypto mixer Tornado Cash, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday.
The judge stated that the platform was "intended for criminals" and that Pertsev should have been suspicious of the criminal origins of transactions.
The closely-watched case marks a major blow to financial privacy advocates. Many critics argue that Pertsev is being unfairly targeted as the developer of an open-source platform.
Further, they say he did not have control over how users chose to employ Tornado Cash to obscure transaction histories on the public blockchain.
The reason conversations around consensus are a dysfunctional mess is not because of the people proposing changes, its because of the people refusing to listen in good faith.
Conservatism, in the literal and not political sense, has always been a core part of the Bitcoin ecosystem. Satoshi himself was very cautious and thorough in his original design attempts, and developers since have tried to be very cautious and thorough in the development process after his departure.
Numerous pieces of technology have been developed originally for Bitcoin, eventually being tested on other networks specifically out of that caution. Confidential Transactions, one of the core pieces of technology underlying Monero? It was created by Gregory Maxwell for Bitcoin. It was not implemented due to large inefficiencies in terms of data size, and because of the fact that it fundamentally changed cryptographic assumptions.
All cryptography used in Bitcoin relies on the discrete log assumption, that factoring two prime numbers of large enough size is not possible. If this assumption breaks, everyone’s private keys are crackable from their public keys. Confidential Transactions, and how they work, would allow someone to secretly inflate the money supply instead of just cracking other people's keys, and no one would be able to tell because it obscures the transaction amounts from public view.
An excerpt on the debasement of marriage from the book "Fiat Ruins Everything" by Jimmy Song.
LOVE HAS BEEN DEBASED.
In the past, love referred to the virtues present in enduring, intimate relationships. It demanded sacrifice, discipline, and patience. Classical writers saw love as a virtue because of its inherent difficulty. To paraphrase Apostle Paul, love is patient, kind, unenvious, and humble.59 Cultivating these qualities requires tremendous internal work and self-improvement.
Today, however, love is often used to describe any strong feeling or desire, like “I love ice cream” or “I love my job.” What was once the pinnacle of virtues has been reduced to expressing the intensity of fleeting emotions. The word love has been devalued more than trophies at a children’s competition.
While the concept of love has been cheapened, this essay is not merely a diatribe on language. I certainly lament the loss of meaning in words, but there are more pressing issues at hand. Instead, this chapter will focus on the practical consequences of love’s debasement on civilization—the institution of marriage.
A breakdown of today's ruling in the Alexey Pertsev, Tornado Cash developer, case in the Netherlands and the implications this will have for open source developers going forward.
In the Netherlands, open source developers are now liable for how their software is used.
Alexey Pertsev, a 31-year old Russian national living in the Netherlands and one of the developers of the Ethereum-based privacy tool Tornado Cash, was today found guilty of money laundering by the Dutch court: he’s been sentenced to 64 months in prison. The fact that Pertsev never held custody of any cryptocurrency flowing through Tornado Cash — or could even control how the smart contract operated — was deemed irrelevant by the panel of judges, as he did contribute to the development of the software.
In line with Dutch public prosecutor Martine Boerlage, the court ruled that Tornado Cash was essentially ran like a business, operated by PepperSec, the company founded and operated by Pertsev and his two co-founders Roman Storm and Roman Semenov. Rather than just publishing code, the judges said, the trio benefited financially from the obfuscation of illicit funds through the tools they built.
Breez co-founder and CEO Roy Sheinfeld envisions a world in which the Bitcoin Lightning Network is incorporated into mainstream applications like Uber and Spotify.
SWIB announced in a new SEC filing that it invested in BlackRock and Grayscale's Bitcoin ETF.
Today, the State of Wisconsin Investment Board (SWIB) has revealed its substantial investments in Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB holds nearly $100 million worth of BlackRock's spot Bitcoin ETF (IBIT).
This disclosure marks SWIB as the first state-level institution to publicly announce its holdings in spot Bitcoin ETFs, signaling a notable step in the integration of Bitcoin into traditional investment portfolios.
"Wow, a state pension bought $IBIT in first quarter. Normally you don't get these big fish institutions in the 13Fs for a year or so (when the ETF gets more liquidity) but as we've seen these are no ordinary launches," Bloomberg Senior ETF Analyst Eric Balchunas commented on the news. "Good sign, expect more, as institutions tend to move in herds."
SWIB also disclosed in the filing that it holds over $63 million of Grayscale's spot Bitcoin ETF (GBTC), totaling over $162 million between these two holdings.
An opportunity has risen far east that challenges the established Western Bitcoin order.
Ah, the wild west. John Wayne, the Man with No Name, Billy the Kid and Jesse James.
The frontier has a way of capturing everyone’s imagination – young and old. The cowboys, the outlaws, the gold prospectors. A land of opportunity and harsh cruelty. Unforgiving yet irresistible.
Bitcoin was once such a frontier. The early days were rife with scams, “criminals” and underground markets. The underbelly of the internet embraced it first. It was an agora filled with foreign and obscure figures. It thrived as a counterculture, void of any rules and regulations. No government to protect you from yourself. No KYC, no AML – only your name, your PGP key, gribble, and the Web-Of-Trust. Fortunes were made, and fortunes were lost. A beautiful chaos where only the authority of the Bitcoin blockchain reigned supreme. True anarchy.
PRESIDENT BIDEN BLOCKS CHINESE-BACKED BITCOIN MINING FIRM FROM OWNING LAND NEAR A WYOMING NUCLEAR MISSILE BASE
The mining firm posed a threat to national security, Biden said in an announcement.
United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., citing national security concerns. The order, based on findings outlined by the President, aims to safeguard critical assets near Francis E. Warren Air Force Base (Warren AFB) in Cheyenne, Wyoming.
The President's order stems from evidence indicating that MineOne Partners Limited, a British Virgin Islands company majority owned by Chinese nationals, and related entities planned to acquire real estate within one mile of Warren AFB. This real estate, specifically described as Lot 1, Block 10 North Range Business Park 3rd Filing, and the nature of operations conducted by MineOne, poses potential national security risks due to its close proximity to a strategic missile base, Biden explained.