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Bitcoininvestments

A Pentagon spokeswoman, Sabrina Singh, stated that a review found "the military services used replacement costs rather than the book value of equipment that was pulled from Pentagon stocks," Yahoo reported. Moreover, she stated that calculations show an error of $3.6 billion in the current fiscal year. Additionally, there was a $2.6 billion error in the 2022 fiscal year, which concluded on September 30th. Subsequently, the report notes that the department will now have additional money to support the country's counteroffensive against Russia. . . #ukraine_war #us_government #miliary_aid #bitcoin #side_chain #smart_contract #token_economy #blockchain #airdrop #monetary_resource #economics #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes

Bitcoininvestments

Market news and updates posted daily. Follow @officialcryptohouse for more‼️ #cryptocurrency #crypto #cryptoindia #bitcoinvalue #bitcoininvestor #bitcoininvestment #bitcoins #bitcoinprice #bitcoinasia #blockchains #cryptorevolution #bitcoinprogress #ethereumnews #bitcoinok #bitcoinmoney #bitcoininvestments #blockchaintechnology #bitcoinafrica #bitcoinusa #bitcoins #bitcoinprice #bitcoinasia

Bitcoininvestments

After a long conversation trying to explain to him how bitcoin investment works and he decided to give it a try. Congratulation in advance @Burak. #bitcoins #bitcoininvestment #bitcoinnews #bitconnect #bitcoinvalue #bitcoinminning #bitcoininvestments #bitcoinespañol #bitcoinworld #bitcoinart #bitcoinuk #money #payout #cashout #paypal

Bitcoininvestments

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Bitcoininvestments

In what will surely continue to drive the generative AI race, Apple is reportedly set to develop its very own OpenAI ChatGPT rival. The company follows similar attempts taken by massive tech giants like Google to compete in the emerging sector. Bloomberg reported that Apple has been quite working on its own Apple GPT project. Moreover, the company has worked to develop its own large-scale language models with an internal chatbot. However, executives are reportedly unsure how to best release the project to users. The year so far has seen a notable increase in demand for generative AI technology. Following the viral sensation that ChatGPT became, users sought out products that could deliver similarly impressive results. Therefore setting off an AI arms race among some of the largest tech companies on the planet. Now, Apple is reportedly set to develop its very own OpenAI ChatGPT rival. Specifically, the company is said to be hard at work developing its very own alternative to the immensely popular product. Competing with similar projects developed by Google and even Elon Musk. #apple #chatgpt #ai #artificialintelligence #smart_contract #token_economy #blockchain #airdrop #monetary_resource #economics #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

FTX filed a fresh lawsuit against former CEO Sam Bankman-Fried (SBF) and his close associates. It is looking to recover over $1 billion in misappropriated funds. The lawsuit lists: - Former co-founder SBF - Chief technology officer Zixiao “Gary” Wang - Former Alameda head Caroline Ellison - FTX’s former Director of Engineering Nishad Singh - The lawsuit claims that they failed in their fiduciary duties while at the helm, causing the eventual collapse of the cryptocurrency exchange. FTX alleges that Bankman-Fried and his associates failed to maintain robust financial records. They allegedly carried out various transfers and expenses unchecked and also obfuscated their illegal activities. FTX said these transfers were made when the exchange and its subsidiaries were insolvent, claiming they were aware of the failing financial situation. Part of the numerous transfers and transactions listed in the lawsuit include previously mentioned political donations worth $100 million. Also, the defendants used more than $500 million to acquire Robinhood shares, confiscated by government officials. #ftx #sbf #sambankmanfried #robinhood #blockchain #airdrop #monetary_resource #economics #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

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Bitcoininvestments

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Bitcoininvestments

Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like zero-knowledge rollups (ZK-rollups) to become more than another payment network. Buterin’s comments came during a Twitter Space hosted by Bitcoin developer Udi Wertheimer, with discussions revolving around Ethereum’s scaling experiments. A ZK-rollup is an off-chain protocol that operates on top of the Ethereum blockchain and is managed by on-chain Ethereum smart contracts. It offers a more scalable and faster way to verify transactions without sharing critical user information. The Ethereum co-founder shed light on how Ethereum has incorporated various scaling solutions over the years to increase throughput. Buterin cited Optimism and Arbitrum as two successful examples of rollups that could be considered case studies for Bitcoin, adding: “I think if we want Bitcoin to be more than payments, it needs more scaling solutions” Scalability has been a long-drawn point of discussion for Bitcoin and Ethereum over the years. While the Ethereum network has shifted from a proof-of-work to a proof-of-stake network, it is also experimenting with various layer-2 solutions like ZK-rollups and Plasma. On the other hand, Bitcoin’s layer-2 solution, the Lightning Network, has been crucial to its scalability, and lately, Bitcoin Ordinals have helped the Bitcoin network become more than just another payment layer. Buterin lauded the rise of Ordinals and said he thinks they have brought back the builder culture into the Bitcoin ecosystem. Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Its popularity soared fast, and by the end of June, Bitcoin Ordinals inscriptions hit over $210 million in trading volume. #bitcoin #bitcoin_ordinal #ethereum #crypocurrency #smart_contract #token_economy #blockchain #airdrop #monetary_resource #economics #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

Elon Musk is all set to rebrand Twitter’s iconic blue bird logo into X. The reshaping of the social media giant could also integrate payment systems across the world. Users might be able to send and receive money through Twitter’s X, hinted the billionaire in a recent interview. Musk is bullish on X and forecasted that the payment integration could become half of the global financial system. However, he cautioned that its success could be possible only if things fall into place as planned and are done right. “X would become half of the global financial system,” said Musk adding, “if done right”. The tech entrepreneur did not reveal further details about the payment systems but laid it out there that Twitter could take a new turn in the financial world. Musk has been making constant changes to Twitter after he purchased the social media giant in October last year. He brought Twitter for $44 billion and has been championing making it better in terms of user experience. Twitter’s new CEO Linda Yaccarino tweeted that X is just getting started, indicating that there would be many more changes in events. “For years, fans and critics have pushed Twitter to dream bigger, to innovate faster, and to fulfill our great potential. X will do that and more. We’ve already started to see X take shape over the past 8 months through our rapid feature launches. But we’re just getting started,” she tweeted. #twitter #elonmusk #xcom #blockchain #airdrop #monetary_resource #economics #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

Democratic presidential candidate Robert F. Kennedy Jr. has confirmed he purchased a significant amount of Bitcoin BTC earlier this year — buying two BTC for each of his seven children. Speaking in a July 26 Twitter Space, Kennedy said the decision came after he received “a lot of criticism” from crypto industry pundits and the mainstream press in the wake of his pro-Bitcoin comments made at the Bitcoin Miami Conference in May. Kennedy said he was critiqued for promoting a “volatile commodity” while not having any skin of his own in the game. “Right after that Bitcoin conference I got a big check and I said, okay, you know, I'm going to put my money where my mouth is and so I bought two Bitcoin for every one of my seven children.” Kennedy has six biological children, four sons and two daughters ranging in age from 22 to 38. Presumably, the seventh child comes from Kennedy’s most recent marriage to actress Cheryl Hines, who had one daughter before the pair married in 2014. At the time of his speech at the conference — where he also announced that he would begin accepting campaign donations in Bitcoin — the candidate denied having any personal investment in the cryptocurrency. #robertkennedyjr #rfk #rfkjr #bitcoin #economics #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

Investment banking company, TD Cowen, published a recent report on MicroStrategy and its adoption of Bitcoin, according to documents obtained by Bitcoin Magazine. “MicroStrategy represents a new kind of firm, which generates dollar -based cash flow from enterprise software products and cloud intelligence services but then converts its excess cash flow – on an effectively -leveraged basis – into bitcoin,” the report said. “What started as a defensive strategy to protect the value of its assets has evolved rapidly into an opportunistic strategy intended to accelerate the creation of shareholder value…This hybrid corporate strategy represents a paradigm shift, in our view.” The report details how this forward thinking company strategy is designed to combat the depreciation of purchasing power holding the US dollar. “Unlike fiat money, the total supply of bitcoin is capped at 21 million bitcoins, making it a potentially superior store of value, we think.” TD Cowen explains that this strategy will not be lived short term, but it will be a long term strategic plan predicting that bitcoin will become a superior store of value in comparison to metals and fiat currencies. And that because of MicroStrategy’s large BTC holding, they “see MSTR as an attractive vehicle for investors looking to gain Bitcoin exposure.” Significant near term catalysts for the price of Bitcoin to rise include the approval of a spot Bitcoin ETF by the SEC, development of the Lightning Network, potential FASB / GAAP accounting changes with respect to Bitcoin holdings, and the upcoming bitcoin halving in less than a year, according to the investment bank. The report is bullish on the potential approval of a spot Bitcoin, joining many other firms in saying it’s a matter of “when” rather than “whether” one will eventually get approved by the SEC. #bitcoin #microstrategy #tdbank #tdcowen #economics #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

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Bitcoininvestments

Visa has announced that it is expanding its stablecoin settlement capabilities. Apart from Solana (SOL), the firm is also working with merchant acquirers Worldpay and Nuvei. Visa already has a dedicated account with Circle, USDC’s issuer. The firm will now send USDC out of its treasury to WorldPay and Nuvei. In turn, the two firms will directly facilitate payments for merchants. Visa decided to use the Solana (SOL) network over Ethereum (ETH) due to its faster transaction speeds. Solana (SOL) also has a lower fee compared to Ethereum (ETH). According to Cuy Sheffield, Head of Crypto, Visa, “By leveraging stablecoins like USDC and global blockchain networks like Solana and Ethereum, we’re helping to improve the speed of cross-border settlement and providing a modern option for our clients to easily send or receive funds from Visa’s treasury.” However, Sheffield did mention that the processing time to send funds in or out of its treasury would remain the same. This is despite promises of faster transactions from stablecoins. According to Jeremy Allaire, Circle’s co-founder, and CEO, “Expanding the pilot exemplifies how pairing USDC with Visa’s innovation opens up the future of payments, commerce, and financial applications.” #bitcoin #cryptocurrency #smart_contract #token_economy #blockchain #airdrop #monetary_resource #economics #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

In total, over $10 Billion worth of Ethereum has been burned since the network upgrade. #ethereum #ethereumupgrade #eth #vitalik #bitcoinasia #bitcoincharts #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

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Bitcoininvestments

The Securities and Exchange Commission on Friday asked for new written comments on a proposed spot bitcoin application from ARK Invest and 21Shares in an apparent delay that was widely expected. Interested parties were invited to submit "written data, views, and arguments" due in 21 days. The regulator had in June said it would either "approve or disapprove, or institute proceedings to determine whether to disapprove" the application by Aug. 13. While a comment period for the initial application period had already come and gone, the SEC is now specifically seeking comments on an amendment filed in July by the Cboe exchange that added a surveillance sharing agreement similar to those seen in more recent proposals that have come from asset management giants like BlackRock and Fidelity. Anyone wishing to file a rebuttal to any submission has a 35-day period, meaning the process looks set to be dragged out for at least another month. The SEC has so far received letters from a musician, a former cricket player, a city planner, a mechanic and a physicist in the public comment process for multiple applications for spot bitcoin funds. #sec #cboe #ARK #garygensler #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

The US-based crypto exchange is now officially available for Canadian citizens. Coinbase, the trading platform previously only available in the US, has announced its launch in Canada today, on Aug. 14. The company said it is integrating Interac e-Transfers in collaboration with Peoples Trust Company. This integration allows all Canadian users of Coinbase the ability to utilize Interac e-Transfers to create a more streamlined process for transactions. Recent data indicates that the feature has garnered attention, with a significant portion of the last month’s deposits on the platform being executed via Interac e-transfers. Furthermore, the company has introduced the “Coinbase One” membership for its Canadian clientele. New registrants are provided an introductory 30-day trial to explore these offerings. Coinbase’s decision to venture into Canada can be seen in the context of the country’s evolving perspective on cryptocurrencies. Nana Murugesan, vice president of international and business development at Coinbase, has mentioned Canada’s tech-forward population and ongoing regulatory developments as notable factors. “Canada is well positioned to be a global leader in the cryptoeconomy thanks to the high levels of crypto awareness, a passionate local tech ecosystem, and the progress towards a strong regulatory framework,” Murugesan said in their statement to investors. #Canada #Coinbase #bitcoin #crypto #cryptopayments #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

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Bitcoininvestments

Coinbase Global says it hopes to make crypto futures available to U.S. customers in coming weeks. The move comes after the largest U.S. crypto exchange said it got approval from the National Futures Association to register as a futures commission merchant. The NFA is a self-regulatory organization overseen by the Commodity Futures Trading Commission. Futures are contracts that let traders on whether markets such as oil, wheat or the S&P 500 will go up or down. Earlier this month, Coinbase reported a sixth consecutive quarter of losses as regulatory risks and lower trading volumes continue to weigh on the company. Coinbase remains locked in a legal battle with the Securities and Exchange Commission, which sued the company in June for allegedly operating as an unregistered national securities exchange, broker and clearing agency. Coinbase said it’s unlikely that the SEC will take issue with its futures offering, since the products are only subject to the oversight of the NFA and CFTC. Shares of Coinbase were up 1.7% in midmorning trading. #Coinbase #NFA #cftc #crypofutures #bitcoin #crypto #cryptopayments #bitcoininvestments #blockchainart #blockchainnews #btcnews #crypto #cryptocurrency_news #investinbitcoin #decentralized #cryptoworld #cryptomemes #cryptoexplorer

Bitcoininvestments

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Bitcoininvestments

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Bitcoininvestments

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