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๐ŸŽ‰ Surprise, surprise! Cathie Wood's financial company, Arkham, has unintentionally become the owner of a Bitcoin Puppet worth a whopping $15,000! ๐Ÿคฏ This peculiar puppet found its way into a custody wallet linked to their ARKB ETF, leaving everyone curious about its journey. ๐Ÿ•ต๏ธโ€โ™‚๏ธ The Puppet's tale began on January 4th, inscribed by bc1psg and passed through two Ordinals wallets. A Quantum Cat was minted on February 5th, using the Puppetโ€™s inscribed satoshis as payment. ๐Ÿ˜บ The Puppet then hopped through several wallets associated with Wintermute, Coinbase, and Flow Traders before landing in ARK Investโ€™s custody wallet. ๐ŸŽญ ARK has also been showered with multiple Ordinals airdrops from the Puppet community. Bitcoin Ordinals are gaining traction in the digital collectible space, even attracting financial titan Franklin Templeton, who believes Ordinals are sparking a 'Renaissance' in Bitcoin activity. ๐Ÿš€ Bitcoin Puppets, along with collections like NodeMonkes, Runestone, Ordinal Maxi Biz, and Bitmap, are making waves in the NFT arena, showcasing Bitcoin's versatility beyond its traditional role as a digital currency. ๐Ÿ’Ž However, not everyone's on board. Binance, the crypto exchange behemoth, has announced plans to shut down its Bitcoin NFT marketplace, launched less than a year ago, as part of their "ongoing efforts to streamline product offerings." ๐Ÿ“‰ So, here's to the unexpected adventures of Bitcoin Puppets and the ever-evolving world of Bitcoin! ๐Ÿป

๐ŸŽ‰ Surprise, surprise! Cathie Wood's financial company, Arkham, has unintentionally become the owner of a Bitcoin Puppet worth a whopping $15,000! ๐Ÿคฏ This peculiar puppet found its way into a custody wallet linked to their ARKB ETF, leaving everyone curious about its journey. ๐Ÿ•ต๏ธโ€โ™‚๏ธ

The Puppet's tale began on January 4th, inscribed by bc1psg and passed through two Ordinals wallets. A Quantum Cat was minted on February 5th, using the Puppetโ€™s inscribed satoshis as payment. ๐Ÿ˜บ The Puppet then hopped through several wallets associated with Wintermute, Coinbase, and Flow Traders before landing in ARK Investโ€™s custody wallet. ๐ŸŽญ

ARK has also been showered with multiple Ordinals airdrops from the Puppet community. Bitcoin Ordinals are gaining traction in the digital collectible space, even attracting financial titan Franklin Templeton, who believes Ordinals are sparking a 'Renaissance' in Bitcoin activity. ๐Ÿš€

Bitcoin Puppets, along with collections like NodeMonkes, Runestone, Ordinal Maxi Biz, and Bitmap, are making waves in the NFT arena, showcasing Bitcoin's versatility beyond its traditional role as a digital currency. ๐Ÿ’Ž

However, not everyone's on board. Binance, the crypto exchange behemoth, has announced plans to shut down its Bitcoin NFT marketplace, launched less than a year ago, as part of their "ongoing efforts to streamline product offerings." ๐Ÿ“‰

So, here's to the unexpected adventures of Bitcoin Puppets and the ever-evolving world of Bitcoin! ๐Ÿป

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
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๐Ÿš€๐ŸŽ‰ Bitcoin enthusiasts, listen up! According to Balaji Srinivasan, a former Coinbase executive, crypto has become a partisan issue in the United States, appealing particularly to "American conservatives" and "Chinese Liberals". ๐ŸŒ๐Ÿ’ฐ In a recent tweet, Balaji suggested that crypto is a boon for "small countries and dispossessed minorities", providing a new form of power to those who lack state influence. ๐ŸŒ๐Ÿ’ช He argued that Democrats and Communists, who control powerful states, don't benefit from crypto. However, everyone else does. ๐ŸŽญ๐Ÿฆ Interestingly, Balaji pointed out that employees of top employers like Microsoft, Amazon, Google, and the U.S. government predominantly donate to Democrats over Republicans. ๐Ÿ’ผ๐Ÿ’ฐ Moreover, the wealthiest U.S. counties, which generate most of the nation's GDP, are blue counties, implying that Democrats have the most money. ๐Ÿ’ธ๐Ÿ’™ "Crypto is to the right of American Democrats and the left of Chinese Communists," Balaji stated. He depicted both China and Russia as "culturally right" and the current U.S. establishment as "culturally left". ๐ŸŒ๐Ÿ”€ Both sides have shown hostility towards the crypto industry. Eastern superpowers have banned crypto as a payment method for citizens, citing potential economic instability. ๐Ÿšซ๐Ÿ’ฑ Meanwhile, the Biden administration has consistently opposed pro-crypto legislation. Last week, the White House even vowed to veto a Republican-led resolution to repeal SEC guidance that prevents banks from offering crypto custody services. ๐Ÿ›๏ธ๐Ÿ”’ Despite this, crypto's partisan nature is being embraced. Even left-minded Democrats see potential in crypto. For instance, allowing banks to custody crypto could bring the industry into the regulated fold, and stablecoins could increase demand for U.S. government debt. ๐Ÿฆ๐Ÿ”„ In a surprising turn, former President Donald Trump has reversed his previous anti-crypto stance, embracing the industry ahead of his election rematch with Biden later this year. ๐Ÿ”„๐Ÿ—ณ๏ธ So, keep your eyes on the crypto space, folks! It's a wild ride, but one that's full of potential! ๐Ÿš€๐ŸŒ™
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๐Ÿš€Hey BTC enthusiasts! Let's talk about a new buzzword in the crypto space: Decentralized Validator Technology (DVT). It's a promising solution to a major concern about how traditional validator setups operate on Ethereum. ๐Ÿš€ Validators are the builders of blocks in Proof-of-Stake (PoS) blockchains, similar to miners in Bitcoin. Ethereum, which shifted to PoS in September 2022, is supported by approximately 900,000 validators, making it the most decentralized PoS network currently live. ๐ŸŒ However, it's not all sunshine and rainbows. There are issues with how PoS is currently implemented in Ethereum, making it less decentralized than it appears. The main difference between Ethereum and other PoS networks is that validator nodes need to stake exactly 32 ETH. If you hold more than 32 ETH, you'll need to split your stake between multiple validators. ๐ŸŽญ On Ethereum, there are no native mechanisms for stake delegation, meaning people must either run their own validator or trust a service to do so. But, DVT is here to change the game. ๐ŸŽฒ The premise of PoS is that no single entity can control more than a certain percentage of the total stake. In Ethereum, the majority of the staking power is held by Lido, a decentralized finance protocol that controls a bit more than 31% of the ETH staked. This is dangerously close to the 33% threshold needed to prevent Ethereum blocks from being finalized. ๐Ÿ˜ฑ But fear not! Lido has started implementing technologies to decentralize its node operations by integrating the Simple DVT module. This promotes increased participation and collaboration, allowing even at-home validators to integrate with Lido seamlessly. ๐Ÿค DVT works by splitting an Ethereum validatorโ€™s private key into multiple shares. The shares are encrypted and distributed to node operators, making the process non-custodial, trustless, secure, and much more fault-tolerant. As Ethereum pushes for more scalability, DVT could be a significant part of its future roadmap. ๐Ÿ›ฃ๏ธ So, BTC lovers, keep an eye on DVT. It's a game-changer in the making! ๐ŸŽ‰
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