Ethereum's All-Time High and OpenSea's NFT Hack
Ethereum’s mining power hit an all-time high.
Hackers broke into OpenSea over the weekend and stole 254 NFTs, including some Bored Apes and Decentraland tokens.
Mexico’s third-richest billionaire says to buy bitcoin. Meanwhile, Huobi crypto exchange cofounder says the next bitcoin bull market won’t begin until late 2024. Crypto News BTC says BTC miners face more stress due to BSVs mining advantages.
How NFTs and DeFi are revolutionizing real estate investing and home ownership.
How to create a decentralized platform that anonymously publishes content. (Interesting read!)
Coinbase had a vulnerability that allowed users to sell bitcoin they didn’t own. But they fixed it.
Are NFT’s, cryptocurrencies, and Web3 multilevel marketing schemes?
A DAO called Buy the Broncos is trying to raise $4 billion to buy the Denver Broncos, in competition against John Elway and Peyton Manning.
Kiss lead singer Gene Simmons is selling his mansion. The frontman has it listed for $13.5 million and says he’ll accept cryptocurrencies. On the list are Bitcoin, Ethereum, Litecoin, Uniswap, Polkadot, Litecoin, Aave, and Strive.
What Were Usenet Groups?
Like ham radios, the Usenet today is used by a small group of enthusiasts. At one time, anyone using the ARPANET was likely a subscriber to several Usenet groups.
On the Usenet, users could post messages, publish articles, read articles published by others, and subscribe to news feeds. Usenet groups could be general in nature or specialize in a particular type of information. For instance, a group of bass fishermen could set up a Usenet group to discuss news and information related to their favorite sports hobby. Technology enthusiasts could have their own Usenet groups, as could housewives, chefs, babysitters, and truck drivers. The distinguishing feature that made the Usenet valuable is decentralization.
Due to their nature, no central entity controlled Usenet groups. Anyone could access and post to them if they had the means. Distribution of information relied on a network of computer servers. Each new server joining the network changed the Usenet in some small way.
The Usenet is the forerunner to today’s internet forums and Facebook groups. It began to fall out of fashion in the first decade of the third millennium when states started breaking up child pornography rings operating on the network.
An excerpt from my forthcoming book Cryptosocial: How Cryptocurrencies Are Changing Social Media, to be published by Business Expert Press in March 2022. Want to read it? Join my launch team for more information.
Cryptocracy is a decentralized newsletter published 4 times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto.
First published at Cryptocracy. Not financial advice.
Image credit: Hackernoon
