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In my latest illustration, it features a Christian (Believer of Jesus being the son of God) wrestling not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places (aka the Devil, and his minions – the demons). ————————– My latest artwork, […]
The post Armor of God: Fight Against the Devil and Demons appeared first on Herbert R. Sim.
J. Christian Giancarlo has stressed the importance of upholding values of liberty, privacy and economic freedom in a keynote address in London.
Sam Bankman-Fried’s legal team have requested a third extension on the enforcement of his revised bail conditions, citing difficulties in installing monitoring software on his parents cell phones to capture a photo of the user “every five minutes.” In an April 19 court filing in the Southern District of New York, Sam Bankman-Fried’s lawyers, Mark [...]
The post SBF’s lawyers unable to tap his parent’s phones to meet bail conditions appeared first on Crypto Breaking News.
The crypto market has recently witnessed different shades of events, impacting several assets negatively, such as Ethereum. The collapse of the FTX crypto exchange is still causing many downtrends in the market. The overall price trend in the market has maintained a southward move beyond expectations. Related Reading: MATIC Backpedals Into Bearish Track Despite Its Social Dominance Besides the FTX saga, other activities have been erupting in the crypto space. Recently, Ethereum was hit with devastating selling pressure. The sudden move cut deep into the value of the second-largest crypto asset as it drops by over 8%. At the time of writing, ETH is trading around $1,126, indicating a drop over the past 24 hours. Its market cap now sits at $137.49 billion. The token recorded a 24-hour trading volume of over $11.9 billion. FTX Hacker Converts ETH To Bitcoin Also, on Sunday, a recent report on the FTX hacker who stole about $600 million from the exchange revealed his latest activity. The fraudster has converted his ETH stash to Bitcoin. In his operations last week, The attacker converted all his stolen stablecoins to Ethereum, leading to a whopping amount of ETH worth $288 million. With data from Etherscan, Colin Wu, a crypto journalist, reported on the hacker. Wu stated that the FTX hacker with address (0x59…d32b) is converting a massive ETH holding to BTC. As of Sunday, the hacker exchanged about 30,000 ETH into RenBTC. Subsequently, he later transferred 1,070 BTC to the Bitcoin network. Ethereum Price Decline Following the recent selling pressure on Ethereum, the second-largest cryptocurrency has now dropped in performance. Some experts think continuing the trend could push the price of Ether below the $1K level. The broader crypto market is experiencing a correction as its dips by over 5% in a single day. Subsequently, the cumulative market cap has moved below the $800 billion region. At the time of writing, the value is $793.82 billion. Ethereum’s price correction as of today is an off-shoot from that of the broader market. While ETH lost by over 8%, Bitcoin plummeted by just 4% as the price retracted to $16,109.16. FTX Effects Still Raging The collapse of the FTX exchange continues to damage the crypto space. The exchange is now indebted to the tune of $3.1 billion to its top creditors. Moreover, there are growing concerns that the crisis will cause more digital companies to crumble. Related Reading: Litecoin (LTC) Up 8% In Last 24 Hours, The Biggest Gainer Out Of Top 20 Cryptos Reports from last week indicate that BlockFi, a crypto lender, is preparing for possible bankruptcy. The founder of MIT Cryptoeconomics Labs, Christian Catalini, spoke to Bloomberg TV on the crisis. He stated the collapse of FTX proves the need for more clarity in regulations and a robust regulatory framework for the crypto industry. He noted that distractions come from the hype and speculation over the minting and trading of digital assets. Hence, there is no longer a focus on developing natural products and services that tackle customers’ problems. Featured image from Pixabay, chart from TradingView.com
The United States-based crypto industry advocacy group the Blockchain Association has said it will stand with Ripple Labs amid its ongoing legal battle with the Securities and Exchange Commission (SEC), claiming the case could be very important for the future of the industry.
Above is the sketch of one of the many miracles by Jesus, but this specific miracle – the ‘woman with the issue of blood’ healed by Jesus was mentioned in all 3 the Gospels – Matthew, Mark, Luke. ———————————————————- You are facing an impossibly hopeless situation in your life. It could be a debilitating sickness, […]
The post Jesus Healing the Bleeding Woman appeared first on Herbert R. Sim.
Above is the sketch of one of the many miracles by Jesus, but this specific miracle – the ‘woman with the issue of blood’ healed by Jesus was mentioned in all 3 the Gospels – Matthew, Mark, Luke. ———————————————————- You are facing an impossibly hopeless situation in your life. It could be a debilitating sickness, […]
The post Yahweh-Rapha: Jesus Healing the Bleeding Woman appeared first on Herbert R. Sim.
The hosts of the “Bitcoin Magazine Podcast” discuss regulatory attacks on Bitcoin and the degradation of family values with Calvin Robinson.
CheckTemplateVerify (CTV) is meant to enable more flexibility on the network, but its potential activation is a topic of debate among developers.
There’s no denying that 2021 was the Lightning Network’s year. What does the future hold, though? If the objective is to onboard the next billion people, the network needs work and fine-tuning. To grab the bull by the horns, The Human Rights Foundation and Strike set up three 1 BTC bounties. The bounties will go to the first person or team to develop an anonymous Lightning tip jar, a tokenless way to peg BTC to dollars, or a privacy-focused wallet that supports some kind of Chaumian e-cash feature. In a Twitter Spaces conversation about the program, they named it The Lightning Development Initiative. A catchy name that we’ll use from now on to refer to all of this. This fourth edition of Lightning Speed is all about the future. Let’s explore the three ideas and the new information that we have about each of them. The Lightning Development Initiative In Twitter Spaces Among the speakers were Strike’s Jack Mallers, The Human Rights Foundation’s Alex Gladstein, Bitcoin Magazine’s Christian Keroles AKA CK Snarks, and Tales From The Crypt’s Matt Odell. It took place on December 29th and Bitcoin Magazine hosted it. A Twitter user named Gigi summarized it for us. ?? A thread summarizing the Lightning Développement Initiative Space ?? 3 amazingly interesting topic related to the bounties were discussed. I'm so bullish on Lightning? it hurts. Very grateful to have these people on our side ???? let's look at my notes ?? pic.twitter.com/PRs9cohPaN — Gigi ????? (@GuerillaV2) December 29, 2021 Bounty #1: An Anonymous Tip Jar In our sister site Bitcoinist’s report, they described the challenge as follows: “Can you create a Lightning tip jar that doesn’t reveal any information about the parties involved? That’s the first task. How to receive completely anonymous donations. According to Bitcoin Mag, the “goal is to enable anyone to use free and open-source software (FOSS) to print a QR code that can be used for receiving Lightning payments privately. Importantly, “The QR code should not reveal the public key or IP address of the user.” In the Lightning Development Initiative’s report, we learned that this has to do with the two competing protocols, Bolt12 and lnurl. Jack Mallers “pointed out the absolute need for interoperability on the Lightning Network and that even though lnurl might not be “optimal” right now, the market will eventually decide what open standard they prefer to use. He thinks that currently UX is a major focus for the Lightning community and we should make peace with the fact that there will be competition between solutions.” Rockstar pointed out that this debate around lnurl vs bolt12 will have huge implications for the future but that he's glad that there's now an active discussion on the matter. Jack added that contrary to the Bitcoin main chain, we can somewhat afford to fuck up on LN.. — Gigi ????? (@GuerillaV2) December 29, 2021 Mallers put forth another interesting idea, “contrary to the Bitcoin main chain, we can somewhat afford to f**k up on the Lightning Network. As long as the Bitcoin monetary policy is not threatened then we can freely fiddle on top of the protocol via Lightning.” BTC price chart for 01/14/2022 on Bitfinex | Source: BTC/USD on TradingView.com Bounty #2: Stablecoin On Lightning Without A Token Bitcoinist described this one as: “The second challenge seems to be even more difficult, at least on a conceptual level. The HRF and Strike want a wallet that enables “anyone to “peg” an amount of bitcoin to U.S. dollars without needing an exchange or another token.” That’s right, without a centralized entity. And relying only on sats and bitcoin.” Gigi summarizes why the world needs this: “The goal is to allow people to access dollars without a single point of failure. Further down the line, as Bitcoin becomes less volatile, these people can use btc, but until then there’s massive demand for holding value in dollars. The tether market cap is proof of this.” It serve an important humanitarian use case. We need to create the foundation for this new financial system.@Chris_Stewart_5 >> maybe it can be done with DLC's? Not using a token but rather something representing price exposure (think Eurodollar system). (oracles?) The END. — Gigi ????? (@GuerillaV2) December 29, 2021 Bounty #3: A Chaumian E-Cash Feature First of all, Investopedia defines Chaumian e-cash as: “eCash was a digital-based system that facilitated the transfer of funds anonymously. A pioneer in cryptocurrency, its goal was to secure the privacy of individuals that use the Internet for micropayments. eCash was created by Dr. David Chaum under his company, DigiCash, in 1990.“ So, once again, anonymity is the priority. As Alex Gladstein put it when announcing the bounties, they’re “for the first open-source, non-custodial, non-KYC Lightning wallets to ship features requested by dissidents worldwide.” Also, take into consideration the words of security expert Brian Trollz, “Bitcoin without privacy is nothing but a surveillance system.” Bitcoin without privacy is nothing but a surveillance system. — Shino (@brian_trollz) January 13, 2022 What does Gigi have for us on this topic? “We need a sort of Chaumian e-cash, extremely easy to use for the Plebs and accessible. Maybe the solution is a federated one, making it harder to regulate.” He then quotes Jack Mallers again, “There’s going to be a singular standard for the internet of money (Bitcoin). Many will compete on top of BTC so we need “interoperability to the standard.” Matt: We need to make it very easy to use because experience shows us that if it's somewhat challenging (coinjoins etcc) people won't bother to protect their privacy (goddam idiot normies ??) — Gigi ????? (@GuerillaV2) December 29, 2021 Conclusion: The Future Is Bright Developers, teams, companies, anyone can earn the Lighting Development Initiative’s bounties. The non-profit OpenSats will serve as the judge. They are all open for the whole year. If by the end of 2022 no one has claimed them, the money will go to the Human Rights Foundation’s Bitcoin Development Fund on January 1st. Which is fair. Especially considering they just gave 425 million Sats to these worthy organizations and individuals. For more information and details read Bitcoinist’s original report. Featured Image by Micah Tindell on Unsplash | Charts by TradingView
The baseline ideas behind bitcoin are supported by the virtues that Christians should seek to exemplify in the world.
Like the printing press and the internet, Bitcoin is an invention that addresses many of the challenges of evangelism.
The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day.
Ripple CEO Brad Garlinghouse has criticized the role that the U.S. Securities and Exchange Commission (SEC) decided to assume against the cryptocurrency industry. After the release of the Hinman docs, which explain the internal discussions of the institution before the now famous Hinman speech, Garlinghouse stated that the SEC “weaponized the lack of regulatory clarity,” [...]
The post Ripple CEO Brad Garlinghouse: SEC ‘Weaponized the Lack of Regulatory Clarity,’ Threw ‘an Entire Industry Into Chaos’ appeared first on Crypto Breaking News.
In a legal document lodged on July 13, 2023, Sam Bankman-Fried, the former chief executive officer and founder of FTX, expressed his desire for his “close friends” to drop by his parents’ residence “without the need for a security guard to be present.” The plea from Bankman-Fried petitioned the court to maintain confidentiality regarding the [...]
The post Bankman-Fried Requests Court’s Approval for a Mystery List of Visitors to Drop by Without Security appeared first on Crypto Breaking News.
Above is my illustration sketch, of Jesus’ Special Resurrection Appearance for Doubting Thomas. For me, it is a very beautiful moment, that Jesus accommodated even a skeptic. ———————————————————- A doubting Thomas is a skeptic who refuses to believe without direct personal experience — a reference to the Gospel of John’s depiction of the Apostle Thomas, one of […]
The post Jesus’ Special Resurrection Appearance for Doubting Thomas appeared first on Herbert R. Sim.
Ripple Labs filed its cross-appeal in the US Court of Appeals for the Second Circuit The company is attempting to contest an August 7 judgement made by Judge Analisa Torres The SEC v Ripple Labs is a case that dates back to 2020 Ripple Labs has filed a cross-appeal in its ongoing litigation battle against […]
The post Ripple Labs files notice of cross-appeal in ongoing battle against the SEC appeared first on CoinJournal.
Crypto exchange Coinbase’s stock price will continue to be “weighed down” until regulators establish the legal “rules of the road” in the United States, according to investment analysts from Citi. As per reports on May 1, the investment bank downgraded shares of the crypto exchange from “Buy” to “Neutral” and lowered its price target — [...]
The post Coinbase stock will be ‘weighed down’ until US rules are clear: Citi appeared first on Crypto Breaking News.
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