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\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n
\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

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\n
\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Most Read

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 78 79 80 81 82 … 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT

\n

<\/p>\n","post_title":"UAE To Exclude CBDCs And NFTs From Their Legislation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"uae-to-exclude-cbdcs-and-nfts-from-their-legislation","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-11 12:52:55","post_modified_gmt":"2023-04-11 02:52:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3873","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3787,"post_author":"1","post_date":"2022-03-07 18:01:01","post_date_gmt":"2022-03-07 07:01:01","post_content":"\n

A statement<\/a> made by Peoples Bank Of China (PBOC) iterated there are no plans to stop their crackdown on cryptocurrencies.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> states that in the PBOCs annual meeting, which maps out the financial markets regulatory priorities for the coming year, crypto regulations were high on the list. The statement expressed that China will \"continue to maintain a high-pressure crackdown on virtual currency trading speculation.\"<\/p>\n\n\n\n

Chinas Efforts At Regulation<\/h2>\n\n\n\n

China recently doubled down on its regulations with the announcement of an amendment<\/a> that makes crypto fundraising an illegal offense. <\/p>\n\n\n\n

Along with this, regulators have been working closely<\/a> with the police. Ensuring that there are no illicit cross-border transactions stemming from their country.<\/p>\n\n\n\n

Again, one of the most concise crackdowns on cryptocurrency mining<\/a> and trading was made<\/a> in Beijing during May of 2021. The crackdown consisted of kicking major mining and crypto exchanges out of the whole country in an effort to minimize the use of cryptocurrencies in China.<\/p>\n\n\n\n

The efforts have seemed to take the intended effect in China so far. With China's global proportion of bitcoin transactions in China dropping rapidly from more than 90% to 10%, stated <\/a>the PBOC.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Chinas Central Bank Has No Plans To Stop Strict Crypto Crackdown","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"chinas-central-bank-has-no-plans-to-stop-strict-crypto-crackdown","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/a-guide-to-cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/chinas-supreme-court-declares-crypto-transactions-illegal\/","post_modified":"2023-04-11 12:52:33","post_modified_gmt":"2023-04-11 02:52:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3774,"post_author":"1","post_date":"2022-03-06 01:38:47","post_date_gmt":"2022-03-05 14:38:47","post_content":"\n

Unanimous approval of an amendment request from January 2022 has been passed by Virginia State Senate. Eligible banks in the state of Virginia are now allowed to provide 'virtual currency custody services'.<\/p>\n\n\n\n

An overwhelming 39-0 vote<\/a> passed the bill into the hands of Glenn Youngkin, Governor of Virginia, where it is now awaiting the final signature. <\/p>\n\n\n\n

After House Bill No. 263<\/a> was introduced<\/a> by Virginia Delegate Christoper T. Head after seeing the Texas regulations.<\/p>\n\n\n\n

\"I came up with the idea for HB 263 last summer after reading about how Texas was addressing the issue of cryptocurrency and who is permitted to hold the keys to one\u2019s cryptocurrency purse...Texas decided to tackle this topic of cryptocurrency custodian services through its regulatory process. I discovered that no state at that time, nor to date, has addressed cryptocurrency custodian services legislatively.\"<\/em><\/p>Christopher T. Head<\/cite><\/blockquote>\n\n\n\n

The Senate requires that the customers of the eligible banks retain control over their public and private keys. <\/p>\n\n\n\n

\"Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one\u2019s cryptocurrency<\/a> purse, similar to how individuals use safety deposit boxes at banks,\" stated Head, adding that \u201cacting in a fiduciary capacity, the bank shall require customers to transfer their virtual currencies to the control of the bank by creating new private keys to be held by the bank.\u201d<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","post_title":"Crypto Custody Services To Be Offered By Virginia Banks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-custody-services-to-be-offered-by-virginia-banks","to_ping":"","pinged":"","post_modified":"2022-03-06 01:44:29","post_modified_gmt":"2022-03-05 14:44:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3774","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3771,"post_author":"1","post_date":"2022-03-04 20:51:41","post_date_gmt":"2022-03-04 09:51:41","post_content":"\n

Lugano, Switzerland is set to become the blockchain hub of Europe after the 'de-facto' legalization of Bitcoin<\/a> and Tether<\/a>.<\/p>\n\n\n\n

Alongside Tether and Bitcoin, Luagno's own LVGA Points token will also be recognized as a 'de-facto' legal tender<\/a>, as the Swiss Franc is still the official legal tender.<\/p>\n\n\n\n

Mayor of Lugano, Michele Foletti announced<\/a> through Lugano's Plan B event, the implications the decision being made will have on the city. Alongside Foletti, Tethers CTO Paolo Ardoino spoke about the city and stated that the project was aimed at attracting talent to Lugano and making the city a major blockchain hub in Europe.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/paoloardoino\/status\/1499472211232571395\n<\/div><\/figure>\n\n\n\n

As part of the partnership with Lugano, Tether will create a fund of up to 100 million Swiss francs to help finance blockchain-based startups. With hopes of creating crypto unicorns (projects that succeed $1 billion in valuation). Alongside this Ardoino stated that Tether is working alongside exchange BitFinex to allocate funds for 500 scholarships. The scholarships will be granted to students that are focusing on blockchain and crypto technologies.<\/p>\n\n\n\n

With over 60,000 current residents Lugano is set to host the Bitcoin World Forum conference this October, attracting some of the best minds in the field to the city planning to be the blockchain hub of Europe.<\/p>\n","post_title":"Lugano, Switzerland To Make Bitcoin And Tether Legal Tender","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"lugano-switzerland-to-make-bitcoin-and-tether-legal-tender","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:21","post_modified_gmt":"2023-04-11 02:53:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3766,"post_author":"1","post_date":"2022-03-04 19:39:23","post_date_gmt":"2022-03-04 08:39:23","post_content":"\n

The recent announcement of an Airdrop<\/a> by the Ukrainian Government has been canceled, not even a day after it was announced.<\/p>\n\n\n\n

Despite this fact, Mykhailo Fedorov the Ukrainian Vice Prime Minister stated in a tweet that; \"Instead, we will announce NFTs to support Ukrainian Armed Forces soon.\" <\/p>\n\n\n\n

So far there is no further information on the Ukraine NFT.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1499348177002151937?s=20&t=YeEO_SBQozgfeLDOf7UyYA\n<\/div><\/figure>\n\n\n\n

Although the airdrop is no longer a thing, it was a hugely successful marketing tool in gaining further donations. <\/p>\n\n\n\n

The announcement saw thousands of microdonations<\/a> flood the ETH wallet<\/a> of Ukraine in an attempt to receive the rewards promised by the airdrop.<\/p>\n\n\n\n

\"Total
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

Will the Ukraine NFT follow through, unlike the airdrop?<\/p>\n","post_title":"Ukraine Crypto Airdrop Is Cancelled, NFTs Take Their Place","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-crypto-airdrop-is-cancelled-nfts-take-their-place","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2022-03-04 20:59:35","post_modified_gmt":"2022-03-04 09:59:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3766","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3758,"post_author":"1","post_date":"2022-03-03 21:29:24","post_date_gmt":"2022-03-03 10:29:24","post_content":"\n

According to reports from Ukrainian media, the notorious hacker group Anonymous is offering US$52,000 in Bitcoin for every Russian tank surrendered to them.<\/p>\n\n\n\n

Russian troops were advised by Anonymous to surrender with a white flag and use the password \u2018million\u2019 to show that they accept the terms. The Ministry of Defence of\u00a0Ukraine<\/a>\u00a0has also reportedly said that it will pardon those who surrender.<\/p>\n\n\n\n

\"Russian soldiers, everyone who wants to live with their families, children, and not die, the Anonymous global community has collected RUB 1,225,043 in bitcoin to help you.\"<\/em><\/p>Anonymous<\/cite><\/blockquote>\n\n\n\n

It seems that Ukrainian farmers have taken anonymous up on their offer, stealing a tank from Russian soldiers!<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/NFTshawty\/status\/1499020152519671813?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1499020152519671813%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n\n\n\n

Anonymous vs Russia<\/h2>\n\n\n\n

Anonymous declared war against Vladimir Putin after news of the invasion<\/a>, promising \u201cunprecedented cyber-attacks from all corners of the world\u201d. <\/p>\n\n\n\n

Only two days after declaring cyber-war, they managed to collect over US$10 million from taking down 300 targets including banks, news outlets and government agencies. These funds will be used to support their new offer.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/LatestAnonPress\/status\/1497786715783798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1497786715783798785%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fanonymous-will-pay-russian-troops-52000-in-btc-for-each-tank%2F\n<\/div><\/figure>\n","post_title":"Anonymous Offering Russian Troops Bitcoin To Surrender Their Tanks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"anonymous-offering-russian-troops-bitcoin-to-surrender-their-tanks","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:24","post_modified_gmt":"2023-04-30 11:38:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3758","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3752,"post_author":"1","post_date":"2022-03-03 21:03:24","post_date_gmt":"2022-03-03 10:03:24","post_content":"\n

\"Airdrop Confirmed\" was tweeted<\/a> by the Ukrainian Government on March 2. <\/p>\n\n\n\n

With the news of an Airdrop<\/a> to give back to wallets who have donated to Ukraine in support of the military, microdonations have swamped their ETH wallet<\/a>. With donations ranging from a mere 0.0001 ETH to 0.01 ETH (US$0.30 to US$30).<\/p>\n\n\n\n

The number of unique wallets that donated after the announcement has also surpassed the number of unique wallets that donated before the announcement. <\/p>\n\n\n\n

\"Number
Source: Dune Analytics<\/figcaption><\/figure>\n\n\n\n

The snapshot of the wallets will be taken on March 3rd at 6pm Kyiv time. <\/p>\n\n\n\n

This means there is still another day until the participating wallets are confirmed. Over 25,000 wallets have donated to the cause, and a majority were in the last day. <\/p>\n\n\n\n

Ukraine could combat the microdonators who only donated because of the promise of something in return could be to restrict eligible wallets to those who donated above a certain amount.<\/p>\n\n\n\n

Despite this fact, it may have been a calculated move from the Ukrainian government. Small donations add up in the end and adding an incentive to donate, as shown by the graph above, grabs a lot more attention than just asking for donations out of pure kindness.<\/p>\n","post_title":"Ukraine's Airdrop Promoting A Surge In Microdonations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraines-airdrop-promoting-a-surge-in-microdonations","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-government-confirms-airdrop-for-crypto-donors\/","post_modified":"2023-04-30 21:38:48","post_modified_gmt":"2023-04-30 11:38:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3752","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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