Money Legos keep stacking! Finance Redefined 4/21-4/28

Happy Wednesday fellow DeFi degens!  I was expecting to spend a large portion of this edition of Finance Redefined analyzing Aave’s liquidity mining program. There was some anxiety from investors that the emission of 2,200 $AAVE per day (which would translate to roughly 5% of the ecosystem reserve fund of 2.8 million AAVE per year) might end up dragging down the token’s price as farmers earn and dump.   I would feel very uncomfortable holding an asset if the governance token of a very important protocol ends up in the hands…

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Bubba Gump Shrimp seafood restaurants will start accepting Bitcoin payments

Many chain restaurants operated by parent company Landry’s will begin to accept Bitcoin as a form of payment for meals. In an interview with CNBC yesterday, Landry’s chair and CEO Tilman Fertitta said “80% to 90%” of the company’s restaurant brands — including the Bubba Gump Shrimp Company, Morton’s The Steakhouse, and Mastro’s — would accept Bitcoin (BTC) and other cryptocurrencies in the next 90 days. Fertitta said the move was a step towards bringing crypto into the mainstream. “It’s amazing how simple [a crypto] transaction is, and it is…

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Cryonics meets crypto – Cointelegraph Magazine

Toward the end of our hour-long interview, Bitcoin.com founder Roger Ver drops a bombshell: He had considered killing himself to escape a jail sentence at the age of 23. Even for the most freedom-loving libertarian, this seems extreme. But Ver had worked out a way to escape his own death by having himself cryonically preserved, to be revived at a later date. At 20 years old, Ver had already signed up with Arizona life extension company Alcor to be frozen after death, long before he was handed a 10-month prison…

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South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments – Regulation Bitcoin News

As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of the country’s Financial Services Commission (FSC). Over 141,000 Signatures Collected in One Petition The presidential website is now being filed with thousands of petitions from furious people aged 20-39, seeking that Eun Sun-soo, the FSC’s chief, resign. The drop that broke the glass were the statements from Eun…

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Interview: Turning Data Into Value With Eric Weiss

Watch This Episode On YouTube Listen To This Episode: This week on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Eric Weiss, CEO of the Bitcoin Investment Group Fund (BIG Fund). Weiss was early to Bitcoin and saw its potential as an alternative store of value over the internet immediately and he was the person that helped introduce Michael Saylor of MicroStrategy to Bitcoin. Weiss and Saylor are long-time friends and it was during the initial fallout of the COVID-19 lockdowns when bitcoin as a money outside of…

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Double-Spending: Potential Risks and Integrated Solutions

Many people are unfamiliar with the term “double-spending”. That’s completely normal since it’s a term only associated with cryptocurrencies. As the name suggests, double-spending refers to the risk of a cryptocurrency being used twice. If we take a look at bitcoin’s white paper, double-spending is specifically mentioned a few times. There is also a clear way defined by the white paper to deal with the problem: “We propose a solution to the double-spending problem: The use of a peer-to-peer distributed timestamp server to generate computational proof of the chronological order…

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Ellen’s NFT auction flops, Oscars controversy, Kayne’s $1.8M sneakers, and more

The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat” NFT for $2,500 on the Bitski platform. Sixty-four other people paid $100 each for an open Silver edition of the same NFT. The drawing appears to have been created with minimal effort in a bid to satirize the notion that any old celebrity-peddled junk will sell as an NFT. A Platinum video monologue about NFTs by Ellen fetched…

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