The Unchained Web #173

If you enjoy and find value in the newsletter, please feel free to donate for its upkeep and independent nature as much as you think is fair:

Monero Wallet Address:

42EkgN23XZoLJXrgMJjrRM7jYpmirk1WvWUWc2SDF6kZAXVzHMGy5XB8JM8Vce3iHGKh9H8ACWF9J6ErrfKCP48mL2yeWcw

Bitcoin Wallet Address: bc1q4283c60tv2p7exfeu2ql7dk2n7utswgl43n2fk

ETH & ERC-20 Address: 0xD16429e3F253f50CfF306B2bE8966ce935332116

BNB & BRC-20 Address: 0xD16429e3F253f50CfF306B2bE8966ce935332116

Reclaim (some) Privacy Webinar Series: Intro to SearXNG & other privacy engines

In April, I am planning my first webinar in a series focused on privacy. The specific webinar will be focused on why Google may not be the best search engine to use and the SearXNG meta search engine and how it can be used to enhance privacy when using a search engine to research or find something to one's interest.

If you are interested in the topic, feel free to click "attend" on the link to the event below: https://www.dhirubhai.net/events/7167975601373458433/about/

Bloomberg Complains That Big Tech Companies Are Shunning Their “Arbiter” of Truth Role

Bloomberg has criticized major social media platforms for shunning their perceived role as "arbiters of truth," especially in the context of the upcoming US presidential election. Over the years, the role of these platforms in censoring content and influencing public opinion has become a contentious issue. Bloomberg's recent article highlights the growing concern over the amount of control and influence these platforms have over public discourse. The article suggests that these platforms, once seen as champions of free speech, are now being scrutinized for their censorship practices, which some view as a threat to democracy. Bloomberg's report concludes by questioning the future role of these platforms in the political landscape and their impact on information dissemination. Click here for more info.

EU Votes on Resolution To List “Hate Speech” as a Crime

The EU Parliament has voted for a resolution to classify "hate speech" as a crime across the European Union. This decision is part of an effort to combat hate and protect fundamental rights. However, it has drawn criticism over concerns of potential free speech suppression. The resolution seeks to expand the definition of hate speech and hate crimes to cover additional categories like sex, sexual orientation, gender identity, and others. Critics fear this could lead to overreach and stifle legitimate expression. The EU's stance represents a significant shift in the approach to regulating online speech, reflecting the growing concern over hate speech and its impact on society. Click here for more info.

Terra has filed for bankruptcy, but Do Kwon’s Serbian company is still standing

Terraform Labs has filed for Chapter 11 bankruptcy following a major collapse in the crypto market, but a Serbian company founded by Terra's creator Do Kwon remains operational. Codokoj22 d.o.o. Beograd, established while Kwon was evading Interpol, has outlasted the DeFi ecosystem Terraform Labs. Despite Kwon facing extradition and legal challenges, the Serbian company continues to exist, highlighting the complexities of legal proceedings and business operations in the cryptocurrency domain. The future of this company remains uncertain as legal actions against Kwon and his associate Han Chang Joon progress. Click here for more info.

A Colorado pastor accused of pocketing $1.3 million in cryptocurrency scam says the Lord encouraged him to use funds for a home remodel

Eli Regalado, a Colorado pastor involved in a cryptocurrency scam, admitted to misusing $1.3 million in investor funds, claiming divine guidance for a home remodel. The Colorado Securities Commissioner accused Regalado and his wife of fraudulently selling INDXcoin, targeting the Christian community. The lawsuit seeks to recoup investor losses and has led to a freeze on the Regalados' assets. This case highlights the risks associated with new cryptocurrencies and the exploitation of religious communities in financial scams. Click here for more info.

Magic Eden Traders Can Earn New NFT Token Alongside 'Diamonds' Rewards

Magic Eden, a cross-chain NFT marketplace, is set to launch a new crypto token called “NFT” to reward traders, in collaboration with a Non-Fungible DAO. This move is part of the company's plan to expand its Diamonds rewards program and open-source its minting and trading protocols. The launch aims to incentivize user engagement and broaden the scope of NFT trading and minting across different blockchain networks. Magic Eden's initiative represents a significant development in the NFT market, reflecting the growing trend of integrating rewards systems in the digital asset space. Click here for more info

Liquid restaking emerges as new $600m DeFi sector

The DeFi sector is witnessing a surge in liquid restaking, with the total value locked exceeding $600 million. Protocols like Ether.Fi and Kelp DAO are leading this trend, enabling users to stake Ether and receive liquid restaking tokens. However, this rapid growth raises concerns about network risks and potential impacts on token stability. The Ethereum community debates these issues as the sector anticipates further developments, including EigenLayer's mainnet launch. This trend signifies a significant evolution in the DeFi landscape, emphasizing the increasing complexity and innovation in cryptocurrency investments. Click here for more info.

Bitcoin Miner Hut 8 Hits Out at Short-Selling Report

Hut 8 Corp. has strongly criticized a report by JCapital Research, accusing it of spreading misinformation about the company's operations, finances, and management. The report, which led to a significant drop in Hut 8's stock, alleged that the miner's merger was part of a pump and dump scheme. Hut 8's response highlights the tensions between cryptocurrency companies and short sellers, reflecting the volatility and controversy often found in the crypto industry. Click here for more info.

Donald Trump Memecoin Jumps 15,000%

The MAGA (TRUMP) memecoin, associated with Donald Trump's 2024 election campaign, has seen a staggering 15,000% increase, resulting in a substantial profit for the former president. Trump reportedly holds around $1.2 million in the memecoin, which is not officially endorsed by him. The token's value has fluctuated with Trump's political fortunes, underscoring the influence of political events on cryptocurrency markets. This development reflects the growing intersection of politics and digital currencies. Click here for more info.

If You Got This Email From CoinTelegraph or Token Terminal, You Probably Got Scammed

A significant phishing scam, imitating reputable crypto companies like CoinTelegraph and Token Terminal, has led to a financial heist of around $600,000. The scammers used fake airdrop campaigns to deceive users, with the stolen funds being transferred to mixers to obscure their origin. The incident underscores the prevalence of phishing scams in the cryptocurrency space and the importance of vigilance among users. The breach, facilitated through MailerLite, highlights the vulnerabilities in digital communication platforms and the targeted nature of attacks on the crypto industry. Click here for more info.

Scientists figure out how to surpass ‘quantum advantage’ with binary computers

Recent developments in computing have shown that classical binary computers are not ready to be overshadowed by quantum computing just yet. In 2023, IBM demonstrated a quantum system that outperformed a binary computer in specific tasks, heralding the era of "quantum utility." However, less than a year later, scientists from the Flatiron Institute and New York University have developed a tensor network approach, enabling a classical computer to surpass IBM's quantum computer in accuracy and precision. This breakthrough suggests that the concept of "quantum advantage" is a moving target, as advancements in both quantum and binary computing continue to evolve. This finding underscores the ongoing competition and progress in the field of computing, where both quantum and classical systems are advancing rapidly, with major players like IBM and QuEra driving significant developments in quantum computing. Click here for more info.

Florida crypto tax friendliest among all U.S. states

Florida has emerged as the most crypto-friendly state in the U.S. in terms of taxation. This development is particularly significant in the context of the evolving landscape of cryptocurrency regulations and the increasing interest of states in accommodating and benefiting from the burgeoning crypto market. Florida's position as a crypto tax haven reflects a broader trend of states recognizing the potential economic benefits of embracing cryptocurrency and blockchain technology. This trend is indicative of the growing mainstream acceptance of digital currencies and the corresponding need for regulatory frameworks that can accommodate the unique characteristics of these new forms of assets. Click here for more info.

Court orders $20M to be paid out in Crowd Machine 2018 ICO case

A California court has ordered Crowd Machine and Metavine, along with their founder Craig Sproule, to pay over $20 million in disgorgement, interest, and penalties related to their 2018 initial coin offering (ICO) of Crowd Machine Compute Tokens (CMCT). The SEC filed suit against Sproule in 2022, alleging that the ICO was a fraudulent and unregistered securities sale and that Sproule misappropriated $5.8 million of the funds raised. Sproule was also fined and ordered to cease CMCT operations. This case is part of the SEC's ongoing efforts to regulate ICOs, which were widely used before being classified as securities sales in 2017. The outcome of this case underscores the legal complexities surrounding ICOs and the need for compliance with securities laws. Click here for more info.

Trump ‘will never allow’ CBDC, gives ‘full credit’ to Vivek Ramaswamy

Donald Trump, former U.S. President and current presidential candidate, has expressed strong opposition to central bank digital currencies (CBDCs), crediting fellow Republican candidate Vivek Ramaswamy for highlighting the issue. Trump vowed to never allow the creation of a CBDC in the U.S., citing concerns over government control over citizens' money. This statement was made during a campaign rally in New Hampshire, reflecting Trump's increasing engagement with cryptocurrency-related issues. The stance on CBDCs reflects a broader political discussion on the role of digital currencies and government control in the financial sector. Trump's comments also signify the growing importance of cryptocurrency policies in U.S. presidential campaigns. Click here for more info.

Brought to you by Alexandros Dolgov CBA? (Study/Bitcoin)

If you enjoy and find value in the newsletter, please feel free to donate for its upkeep and independent nature as much as you think is fair:

Monero Wallet Address:

42EkgN23XZoLJXrgMJjrRM7jYpmirk1WvWUWc2SDF6kZAXVzHMGy5XB8JM8Vce3iHGKh9H8ACWF9J6ErrfKCP48mL2yeWcw

Bitcoin Wallet Address: bc1q4283c60tv2p7exfeu2ql7dk2n7utswgl43n2fk

ETH & ERC-20 Address: 0xD16429e3F253f50CfF306B2bE8966ce935332116

BNB & BRC-20 Address: 0xD16429e3F253f50CfF306B2bE8966ce935332116

Reclaim (some) Privacy Webinar Series: Intro to SearXNG & other privacy engines

In April, I am planning my first webinar in a series focused on privacy. The specific webinar will be focused on why Google may not be the best search engine to use and the SearXNG meta search engine and how it can be used to enhance privacy when using a search engine to research or find something to one's interest.

If you are interested in the topic, feel free to click "attend" on the link to the event below: https://www.dhirubhai.net/events/7167975601373458433/about/