Aurelia Butler

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    in Cryptocurrency

    The future is Bitcoin according to South Park creators

    In the “Post COVID” episode of its 24th season which aired Thursday, South Park depicted one of the show’s protagonists, Stan Marsh, paying for a stay in a cheap motel using Bitcoin (BTC) roughly 40 years from now, when the pandemic is jokingly about to end for good. The fictional Super 12 Motel Plus — in a future where nearly all brand names have “plus” and “maxx” included — only accepts “Bitcoin and other cryptocurrency,” with the show having Marsh pay using a plastic card with the BTC logo and a QR code. Continue Reading on Coin Telegraph More

  • 188 Shares159 Views

    in Economy

    Canada tells Boeing its bid for C$19 billion fighter jet contract falls short – source

    OTTAWA (Reuters) -In a surprise move, Canada has told Boeing (NYSE:BA) Co that its contender for a multi-billion dollar fighter jet contract does not meet the required standard, a defense source said on Thursday.This means only Lockheed Martin Corp (NYSE:LMT) and Sweden’s Saab AB are left in the race to supply 88 jets. Ottawa says it intends to make a decision next year on a contract that could be worth up to C$19 billion ($15 billion).Boeing had entered its F-18 Super Hornet. The Canadian Press was the first the report the news.Defense analysts had been certain Ottawa would exclude Saab’s Gripen plane. Unlike Canada, Sweden is neither a member of NATO or NORAD, the North American defense organization.Canada belongs to the consortium that developed Lockheed Martin’s F-35 jet, which defense sources say is the preferred choice of the air force.The competition is being overseen by the office of Procurement Minister Filomena Tassi, which did not respond to a request for comment.Lockheed Martin declined to comment. No one at Saab was available for comment. Boeing spokesman Paul Lewis said by email that the company would reserve comment pending official notification from Ottawa.Boeing clashed with Canada in 2017 after it complained Ottawa was unfairly subsidizing a passenger jet made by Montreal-based rival Bombardier (OTC:BDRBF).Canada responded by saying it would look less favorably on a fighter jet bid from a company that had harmed national interests, but nonetheless allowed Boeing to take part.The Liberals took power in 2015 vowing not to buy the F-35 on the grounds that it was too costly, but have since softened their line.Canada has been trying unsuccessfully for more than a decade to replace its aging F-18 fighters. The former Conservative administration said in 2010 that it would buy 65 F-35 jets but later scrapped the decision, triggering years of delays and reviews.($1 = 1.2649 Canadian dollars) More

  • 138 Shares129 Views

    in Cryptocurrency

    Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry

    Such bearishness follows scrutiny from United States regulators, after a Nov. 1 report from the President’s Working Group on Financial Markets suggested that stablecoin issuers in the United States should be subject to “appropriate federal oversight,” similar to banks and savings associations.Continue Reading on Coin Telegraph More

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    in Cryptocurrency

    Panther Protocol Raises $22M in Public Sale To Boost DeFi and Web3

    In 90 minutes, Panther Protocol, an end-to-end privacy solution for DeFi and Web3 successfully raised over 22 million as part of its Public Sale. In total, Panther has amassed $32 million. The Public Sale is a measure for the company to open its doors to a wider community engagement — as well as, expand participation in an end-to-end privacy protocol for DeFI and Web3 users.Panther has demonstrated its commitment regarding the growth of DeFi with $500 million. Essentially, Panther is of great value to DeFi users looking to benefit from confidential cryptocurrency transactions and personal financial data protection. Additionally, Panther Protocol CEO and co-founder Oliver Gale expressed his delight over investors confidence in their project,Presently, Panther is building on Ethereum, Polygon, NEAR, Elrond, Flare, and Songbird. Panther will allow builders to supply privacy features within their apps without requiring a highly technical team of cryptographers and privacy tech engineers to do so in addition to developing a strong set of APIs, SDKs, and custom integrations.Panther Protocol says its entire idea is to create a private-by-default, decentralized ecosystem that unlocks the value that is currently siloed between blockchains. The growth of Panther since its inception has been tremendous with over 33 teams of experts ranging from leaders in cybersecurity, blockchain engineering. And also, game theory, DeFi, cryptography, ecosystem development, technology commercialization, and marketing with their team envisioned to increase in months to come.Anish Mohammed, Panther Protocol co-founder states that “As with duality of light, privacy has a dual nature, we are in the history of privacy where we are just reconciling, privacy’s dual nature. Panther protocol has managed to allow both privacy and authenticity, by combining zero knowledge proof systems and selective disclosures.”Panther Protocol is an end-to-end privacy protocol for DeFi that provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARK technology. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. To note, zAssets will become an ever-evolving asset class for users who want their transactions and strategies private.Continue reading on CoinQuora More

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    in Cryptocurrency

    One million ETH worth have been burned since the implementation of EIP-1559 in August

    Notable decentralized applications responsible for token burn contributions include popular nonfungible tokens, or NFTs, platform OpenSea.io and play-to-earn NFTs game Axie Infinity. Next, transaction volume from decentralized exchanges such as Uniswap, 1inch, and Sushiswap made up a large portion of ETH burns. ETH is also burned during transfers from stablecoins like Tether (USDT) and USD Coin (USDC) built on the Ethereum blockchain. Lastly, wallet users in MetaMask and those making regular ETH transactions also contributed to the network activity.Continue Reading on Coin Telegraph More

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    in Economy

    Iberia CCO says airline now more pessimistic about Air Europa deal

    MADRID (Reuters) -Iberia airline’s chief commercial officer said on Thursday the Spain-based company was now more pessimistic than optimistic about the acquisition of its rival Air Europa after the latest regulatory setback in the half-billion-euro takeover bid.”We want to keep pushing for this, but the situation has grown ever more complicated,” Iberia CCO Maria Jesus Lopez said at an event on the future of aviation held in Madrid. Britain’s Competition and Markets Authority earlier this week said it would examine whether the 500 million euro ($560.35 million) transaction would harm competition in the UK, setting Jan. 19 as the deadline for its initial decision.IAG said that it would cooperate with the CMA’s investigation.In a previous attempt to secure the deal, British Airways and Iberia owner International Airlines Group (LON:ICAG) offered concessions to address EU antitrust concerns. The EU executive, which has not provided details in line with its policy, has extended its deadline for a decision on the deal to Jan. 4, casting doubts on whether the bid will go through.($1 = 0.8923 euros) More

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    in Cryptocurrency

    “NFT” is the buzzword of 2021 according to Collins Dictionary

    It is quite obvious that the NFT frenzy has spread like wildfire this year, and not even Ethereum gas fees and environmental FUD could derail its growth. According to the Collins Dictionary:The Collins Dictionary’s blog went into further details of the NFT concept and provided an example: “Unique” is important here — it’s a one-off, not “fungible” or replaceable by any other piece of data. And what’s really captured the public’s imagination around NFTs is the use of this technology to sell art. For example, the rights to a work by the surrealist digital artist Beeple sold at Christie’s in March for $69m. Called EVERYDAYS: THE FIRST 5000 DAYS, it was a collage of all the images he’d created since he committed in 2007 to making one every day.”The UK-based dictionary began publishing in 1824, and the organization has been declaring a “Word of the Year” since 1990. In 1993, the WOTY was “information superhighway”; in 94 it was “cyber” and then “web” in 95. “Millennium bug” took the award in 1997, and it was the prefix “e-” in 98, while in 1999, it was “Y2K”.Recently, the Collins Dictionary has been more concerned with social movements and gender identities. Last year, “Covid” was the WOTY, and this year the tech world has retaken the throne with “NFT.”Continue reading on BTC Peers More