Author: RedWave Media
There are better ways to manage token launches that prioritize long-term utility and organic growth over speculative profits. Protocols are starting to experiment with alternative models. For example, FRIEND, a blockchain-based social platform, launched with 100% float and has been distributing all tokens to its community since day one. After taking a radically different approach with Lava Network, I believe the industry needs to adopt a new standard for how blockchain projects handle token distribution and valuation.
Willemstad, Curacao, August 9, 2024, Chainwire Online poker site CoinPoker has published a Proof of Reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets that are visible on the blockchain, with additional reserves held in hot wallets to process instant withdrawals. Praising the crypto-based poker site's efforts towards greater transparency, former Austrian soccer player and poker pro Mario Mosbeck has partnered with British pro Patrick Leonard as the site's new official ambassador. In a post on X, Mario Mosbeck said the pair's “mission is to mentor a new leadership group to build the best online poker…
Cryptocurrency prices have made a strong recovery this week as concerns over the strengthening Japanese Yen have subsided. After a sharp drop on Monday, most cryptocurrencies have made double-digit recoveries. Bitcoin has surged from $49,000 to $62,000, bringing the total market capitalization of all coins to over $2.1 trillion. These coins are DTX ExchangeThe upcoming hybrid platform continues its token sale, raising over $1.2 million. Bitcoin and altcoins have recovered Bitcoin and most altcoins rose on Friday as sentiment improved and the fear and greed index rose from the fear zone to neutral. Swa Binance-backed token, has surged by over…
Quick TakeOn August 8, Bitcoin surged to reclaim the $60,000 level, recovering significantly from its low of $49,000 on August 5.BitcoinThis recovery in bitcoin prices coincided with notable inflows into the Bitcoin ETF of $194.6 million, its largest since July 22. BlackRock’s IBIT saw $157.6 million inflows, its largest since July 29. Fidelity’s FBTC saw $65.2 million inflows, its largest since July 26. Meanwhile, Ark’s ARKB and WisdomTree’s BTCW saw inflows of $32.8 million and $118.5 million, respectively. However, Grayscale’s GBTC saw a significant outflow of $182.9 million, its largest outflow since April 8.Bitcoin ETF Flows: (Source: Farside)EthereumIn contrast, Ethereum…
AP Image Tim Waltz There are probably many Americans who don't know that Governor Tim Walz is a convicted felon. Rumors that the Democratic vice presidential nominee was driving recklessly while drunker than a sailor on shore leave are back in the news, along with the Minnesota governor's questionable military record. The latest information about the governor is another blow to the Harris campaign, which in recent days has been dealing with questions about Walz's military retirement just before he was due to deploy to Iraq. This great article is available to subscribers only. Are you a JBS member or…
zimmytws/iStock/Getty Images Plus Is this article titled “Misinformation”? Gov. Tim Walz (D-MN) would certainly say so. But many observers disagree. In a recently unearthed interview, Gov. Walz said, “There is no guarantee of free speech when it comes to misinformation or hate speech.” But defenders here would categorically proclaim, “That's taken out of context!” That's the problem, right? Truth is often hard to find, and that's exactly why the First Amendment does not prohibit “hate speech” or misinformation: what is considered “hate speech” today may later be considered constructive criticism. And today's “misinformation” may become tomorrow's self-evident observation. No, I'm…
Podcast: Play in new window | Download (Duration: 1:02:50 — 57.8MB)Subscribe: Android | | Other The 37th President of the United States, Richard Nixon, resigned from office on August 9, 1974 in the wake of the Watergate Scandal. Ahead of the 50th anniversary of Nixon's resignation on August 9, 2024, Jeff Shepherd, a senior official in the Nixon administration and the youngest lawyer on the Watergate defense team, reflected on the rise and fall of Nixon's presidency in an intimate, exclusive interview with The New American's Andrew Mueller. Mr. Shepard, who personally transcribed Nixon's tapes and managed the White House…
brebca/iStock/Getty Images Plus The U.S. government is currently sitting on $35 trillion in debt, with trillions more in unfunded liabilities, and the Biden administration is spending even more money it doesn’t need to boost the production of “green” products Americans don’t want, specifically heat pumps. On Wednesday, the U.S. Department of Energy (DOE) announced it would award approximately $85 million to four heat pump manufacturers to accelerate production of electric heat pumps, heat pump water heaters and heat pump components at five factories in New York, Tennessee, Texas and Rhode Island. “Extreme weather events negatively impact the electric grid and…
AP Image J.D. Vance Republican Senator J.D. Vance yesterday blasted Democratic Governor Tim Walz for canceling the U.S. deployment to Iraq so he could run for Congress. Vance, a former U.S. Marine who served in Iraq, also accused Waltz of “stolen military service” because he suggested he had served in combat — likely a reference to the 2013 Stolen Military Service Act, which made it illegal to profit from fraudulent military service. The comments came after a social media controversy erupted over Waltz's military record and the rank he held when he retired after more than two decades in the…
Deputy Secretary of Finance, Wally Adeyemo, Kamala Harris According to Fox News reporter Eleanor Terrett, former Chief of Staff Christine Lucius attended a cryptocurrency conference hosted by Rep. Ro Khanna on August 8.White House counsel Anita Dunn, national economic adviser Lael Brainard and deputy chief of staff Bruce Reed were scheduled to attend, but Terrett said Dunn was absent despite having previously attended a similar meeting.Billionaire investor Mark Cuban and Silicon Valley “super angel” investor Ron Conway attended the meeting, along with other unnamed industry leaders.Further details of the meeting had not been released at the time of writing, and…
