This Is What Happened In The Cryptocurrency World Today. 07/04/2023

Stay up-to-date with the latest cryptocurrency news and developments. Read about what happened in the cryptocurrency world today and stay informed about the current state of the market.

This Is What Happened In The Cryptocurrency World Today. 07/04/2023

 

Apple’s concealment of a bitcoin manifesto in Macs is fueling speculation that Steve Jobs was Satoshi Nakamoto.

A recent discovery has sparked speculation about the connection between Apple and Bitcoin. It has been reported that Apple has embedded a “Bitcoin manifesto” in the code of its Macintosh computers, leading some to believe that Steve Jobs, the late co-founder, and CEO of Apple, may have been the mysterious creator of Bitcoin, known only by the pseudonym Satoshi Nakamoto.
The theory stems from Jobs being known for his interest in cryptography and digital currencies. Additionally, the timing of Bitcoin’s release in 2009 coincides with Jobs’ hiatus from Apple due to health issues.
While no concrete evidence supports this theory, it has fueled much discussion and debate in the tech community. Some argue that it is simply a coincidence, while others believe the connection between Apple and Bitcoin is too strong to ignore.

 

 

If elected Prime Minister in May, Thailand’s opposition leader promises a $300 crypto airdrop per citizen.

The opposition leader of Thailand’s Future Forward Party, Thanathorn Juangroongruangkit, has made a bold promise ahead of the country’s upcoming general election. Juangroongruangkit has pledged to give every citizen of Thailand a $300 crypto airdrop if he is elected as Prime Minister in May.
The announcement has caused a stir in the crypto community, with many speculating about the logistics and feasibility of such a large-scale distribution of cryptocurrency. While some have praised the idea as a forward-thinking move, others have raised concerns about the potential risks and implications of distributing cryptocurrency in this way.
Despite the controversy surrounding the proposal, it is clear that cryptocurrency is becoming an increasingly popular topic in the world of politics. As more countries explore the potential of digital currencies, it will be interesting to see how governments and political leaders respond to this rapidly evolving landscape. Regardless of the election’s outcome in Thailand, the conversation around crypto airdrops and their potential impact on society will likely continue for years to come.

 

 

Robert F. Kennedy Jr., the nephew of JFK, warns FedNow that digital currency could lead to financial slavery and political tyranny.

Robert F. Kennedy Jr., the nephew of former President John F. Kennedy, has warned about the potential dangers of the Federal Reserve’s proposed digital currency, FedNow. In a recent interview, Kennedy expressed concerns that the move towards a digital currency could lead to financial slavery and political tyranny.
Kennedy argued that the adoption of FedNow could give the government unprecedented control over individuals’ financial lives, allowing them to track and monitor transactions in previously impossible ways. However, he also warned of the potential for abuse by governments and corporations, who could use digital currencies as a means of control and surveillance.
While the idea of a digital currency has been touted to increase efficiency and reduce costs, Kennedy’s warning is a reminder that this shift has potential downsides. Therefore, as governments and financial institutions continue to explore the possibilities of digital currencies, it is essential to carefully consider the potential risks and implications of such a change.

 

Arkansas passes legislation to protect Bitcoin and cryptocurrency mining.

Arkansas has become the latest state to pass a bill protecting the rights of Bitcoin and crypto miners. The legislation, signed into law by Governor Asa Hutchinson, aims to provide legal protection for those involved in the mining and trading digital currencies.
The move is a positive step for the crypto community, which has recently faced increased scrutiny and regulation. By recognizing the legitimacy of crypto mining and trading, the state of Arkansas is sending a message of support to those involved in this emerging industry.
While the bill does not address the issue of FedNow or other digital currencies backed by governments, it does signal a growing acceptance of cryptocurrencies and their potential benefits. As more and more states and countries begin to explore the possibilities of digital currencies, it is essential that they also take steps to protect the rights and interests of those involved in this rapidly evolving landscape.

 

 

The European Central Bank President reveals plans to launch a digital euro (CBDC), stating that payments will be controlled.

The President of the European Central Bank (ECB) has announced plans to launch a digital euro, also known as a Central Bank Digital Currency (CBDC). The move comes as more and more central banks around the world explore the possibilities of digital currencies.

The digital euro would be a digital representation of the euro currency and would be backed by the ECB. According to the ECB President, the digital euro would provide Europeans with a safe and secure means of payment, while also offering greater control over payments.

While the exact details of the digital euro are still being worked out, it is clear that the ECB is taking the potential of digital currencies seriously. By launching a CBDC, the ECB would be able to offer Europeans a new way to make payments and manage their finances, while also ensuring that they have control over the currency.

 

 

According to self-proclaimed Bitcoin creator Craig Wright, putting the Bitcoin whitepaper on MacBooks violates copyright laws.

Self-proclaimed Bitcoin creator Craig Wright has accused Apple of violating copyright laws by including the Bitcoin whitepaper on its MacBooks without his permission. Wright has been a controversial figure in the cryptocurrency world, claiming to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. However, his claims have been widely disputed.


Wright has reportedly sent a cease and desist letter to Apple, demanding that the company remove the Bitcoin whitepaper from its website and all other platforms. Wright claims to hold the copyright to the whitepaper and believes that Apple’s use of it violates his intellectual property rights.


This latest development highlights the ongoing debate surrounding the origins and ownership of Bitcoin. While some believe that Wright is Satoshi Nakamoto, many in the cryptocurrency community remain skeptical. Regardless of the outcome, the dispute between Wright and Apple is a reminder of the complexities of copyright law in the digital age.

 

 

Florida Governor Ron DeSantis says a Federal Reserve digital dollar threatens US financial freedom.

Florida Governor Ron DeSantis has recently spoken out against the idea of a Federal Reserve digital dollar, stating that it poses a severe threat to the financial freedom of Americans. Furthermore, the governor believes that implementing such a digital currency would only lead to further government control and surveillance over the economic activities of individuals.


The issue of a digital dollar has been a topic of discussion for some time now, with proponents arguing that it could provide a more efficient and secure way to conduct transactions. However, DeSantis is among a growing number of voices warning of the potential dangers of such a move.


In his view, the creation of a digital dollar would only serve to undermine the sovereignty of the US dollar and the independence of the nation’s financial system. He sees it as a step towards a more centralized and authoritarian economic regime, which would be detrimental to the country’s and its citizens’ long-term interests.

 

 

27 Ethereum projects work together to reduce MEV and Ethereum usage costs.

27 Ethereum projects have joined forces to address the “miner-extracted value” (MEV) issue and reduce Ethereum transaction costs. MEV refers to the profit miners can make by including, excluding, or reordering transactions in the block they mine. By collaborating, these projects hope to mitigate the impact of MEV and reduce the cost of using the Ethereum network.


The project aims to create a standardized way for dApps and other projects to communicate with miners, giving them a fair incentive to prioritize transactions based on user demand rather than MEV extraction. The collaboration could lead to reduced fees and faster transactions for Ethereum users, leading to increased platform adoption.


The Ethereum ecosystem has seen tremendous growth in recent years, but the increased usage has led to high transaction fees and network congestion. This initiative is a positive step towards addressing these challenges and making Ethereum more accessible and user-friendly for everyone.

 

 

On April 14, Gala Music will release 3,003 NFTs, including an exclusive version of David Bowie’s “Let’s Dance.”

Gala Music is set to release 3,003 NFTs on April 14, including an exclusive version of David Bowie’s “Let’s Dance.” The NFTs will be available on the Binance NFT marketplace and feature limited-edition digital collectibles from various musical artists. Gala Music has stated that they hope to provide fans a new way to connect with their favorite artists and own a piece of music history.


The NFTs will come in various forms, including audio and visual experiences and access to exclusive content and events. Each NFT will be unique and feature different artwork, audio, and experiences.


The release of these NFTs is another example of the growing popularity of digital collectibles in the music industry and how technology is changing how fans interact with their favorite artists. It will be interesting to see how successful the Gala Music NFT release is and how it will shape the future of music NFTs.

 

 

LooksRare, an NFT marketplace, has released v2, which reduces fees from 2% to 0.5%.

LooksRare, a popular NFT marketplace, recently released v2, designed to reduce user fees. The marketplace now charges only 0.5% instead of 2%, a significant reduction. The move aims to make NFTs accessible to everyone, regardless of their financial situation.
The LooksRare team believes the reduced fees will make NFTs more accessible to a broader audience, including creators and collectors. The platform’s v2 also includes several new features, including support for more file types, a new search engine, and a more user-friendly interface.
The LooksRare team is committed to improving the user experience and making NFTs accessible to everyone. They believe this latest update is an essential step towards achieving that goal. With the new v2, LooksRare is poised to become one of the leading NFT marketplaces in the industry.

 

 

EigenLayer, an Ethereum’re-staking’ protocol, goes live on testnet.

EigenLayer, an Ethereum protocol focused on ‘re-staking’ for improved network efficiency, has gone live on testnet. This protocol aims to enhance the utilization of Ethereum’s Proof-of-Stake (PoS) consensus algorithm by dynamically re-allocating staked tokens to maximize the network’s security and efficiency. In addition, EigenLayer’s approach aims to tackle the issue of stagnant staking that can result in lower network security.


EigenLayer’s implementation uses a cutting-edge consensus algorithm that dynamically rebalances staked tokens to optimize the network’s performance. This protocol is designed to minimize the risks of slashing and allow stalkers to receive greater rewards.


The Ethereum network’s transition to a PoS consensus algorithm is expected to drastically reduce energy consumption and increase efficiency. EigenLayer’s approach to re-staking will contribute to these efforts by improving the allocation of staked tokens, thereby improving the network’s security and efficiency. It will be interesting to see how EigenLayer performs on the testnet, and if successful, it could provide significant benefits to the Ethereum network in the future.

 

 

Matter Labs, the team behind Ethereum’s zkSync, has confirmed that $1.7 million in Ether (921 ETH) is locked up in GemstoneIDO, one of their new smart contracts.

Matter Labs, the team behind Ethereum’s zkSync, recently announced that a significant amount of Ether (921 ETH) worth $1.7 million is locked up in their new smart contract called GemstoneIDO. The smart contract aims to enable token creators to launch a fair and decentralized initial DEX offering (IDO) on Ethereum using zkSync technology.

This development is indicative of the growing interest in the decentralized finance (DeFi) space and the demand for more efficient and secure solutions. Matter Labs has been actively working on improving the scalability and security of Ethereum through the implementation of zkSync, which is a Layer 2 scaling solution that uses zero-knowledge proofs to enable faster and cheaper transactions on the network.

The fact that such a significant amount of ETH is already locked up in GemstoneIDO is a positive sign for Matter Labs and the DeFi community, indicating that there is a growing interest in their technology and a willingness to explore new solutions for improving the Ethereum network. It will be interesting to see how this development impacts the broader DeFi ecosystem in the coming months.

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