Lifeboat Foundation

The U.S. Department of Treasury today sanctioned cryptocurrency mixer Blender.io used last month by the North Korean-backed Lazarus hacking group to launder funds stolen from Axie Infinity’s Ronin bridge.

In the wake of the attack, Sky Mavis (the bridge’s creator) revealed that hackers breached the Ronin bridge on March 23 to steal 173,600 Ethereum and 25.5M USDC tokens in two transactions worth $617 million at the time, the largest cryptocurrency hack in history.

The previous most significant theft of cryptocurrency was the $611 million Poly Network hack in August 2021.

Continue reading “US sanctions Bitcoin laundering service used by North Korean hackers” »

Crypto’s biggest skeptics see plenty of reasons to criticize the industry, but generally at the heart of most complaints is a belief that crypto is contributing very little to society while burning massive amounts of energy.

While crypto’s believers could squabble over the former point until they’re blue in the face, the latter is a little harder to deny. Bitcoin uses an estimated 204.50 terawatt-hours (TWh) of electricity per year at current rates according to the oft-cited tracker built by Digiconomist, this number is equal to the power consumption of Thailand. Meanwhile Ethereum’s energy footprint is half the size but still comparable to the power consumption of Kazakhstan. In 2018 the United States reported its total consumption of electricity as 4,222.5 TWh.

For some legislators, those numbers are hard to swallow. This week, the New York State Assembly passed a bill that had team crypto up in arms. The bill blocks the formation of crypto mining firms in the state that rely on non-renewable power. It notably doesn’t apply to existing facilities. A corresponding bill is currently making its way through the Democrat-controlled state senate. everyone, and welcome back to Chain Reaction.

Continue reading “Why a bipartisan embrace of crypto might never touch Bitcoin” »

Good telescope that I’ve used to learn the basics: https://amzn.to/35r1jAk.
Get a Wonderful Person shirt: https://teespring.com/stores/whatdamath.
Alternatively, PayPal donations can be sent here: http://paypal.me/whatdamath.

Hello and welcome! My name is Anton and in this video, we will talk about new interesting proposition on how to terraform Venus using floating continents.
Links:
https://en.wikipedia.org/wiki/Terraforming_of_Venus.
https://arxiv.org/pdf/2203.06722.pdf.
#venus #terraforming #nasa.

Continue reading “New Idea From NASA: Trillions of Floating Balloons To Terraform Venus” »

As an investor in emerging technology and a nascent observer of Web3, I’ve spent some time researching this phenomena that has brought many skeptics to the fore, in the midst of whales, and dare I say, a handful Crypto and NFT Kool-Aid drinkers, who have amassed fortunes in the process.

I get that the current web needs some serious fixing. If anything, Web2 has continued to tighten and centralize more control in the hands of Big Tech, governments, and financial institutions. The publishing industry is dying as FB and Google have all but severed the revenue streams for the Guardian, now Buzzfeed and New York Times, relegating these once-giants to plead for monthly donations to stay afloat.

The mortgage crash of 2008 gave rise to Bitcoin, with the promise to separate the financial system from the powers of a sovereign nation, effectively democratizing wealth and financial control for each individual on the planet. And while the last decade has seen an explosive growth in Bitcoin valuation, the extreme volatility within its expensive financial system has kept the mainstream at bay.

This video covers the world in 2,300 and its future technologies. Watch this next video about the world in 2200: https://bit.ly/3htaWEr.
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SOURCES:
• https://www.futuretimeline.net.
• The Future of Humanity (Michio Kaku): https://amzn.to/3Gz8ffA
• The Singularity Is Near: When Humans Transcend Biology (Ray Kurzweil): https://amzn.to/3ftOhXI
• Physics of the Future (Michio Kaku): https://amzn.to/33NP7f7
• https://science.howstuffworks.com/science-vs-myth/everyday-m…tation.htm.

Continue reading “The World in 2300: Top 9 Future Technologies” »