Mindblown: a blog about philosophy.
Examining the Role of Digital Assets in Terrorism Financing: A Critical Analysis
During a recent Senate hearing, Senator Tim Scott raised concerns about the current US administration’s focus on digital assets as a primary means of combating terrorism financing. He criticized the administration for overlooking more significant sources of funding, particularly those benefiting Iran, such as the $35 billion in oil exports and $16 billion in US…
Exploring the Latest Meme Coins: ANSEMWIF vs. DOGEVERSE
ANSEMWIF, a spin-off coin from influencer Ansem, has recently gained popularity on Crypto Twitter. Despite not being officially endorsed by Ansem, the coin has seen significant price fluctuations. Currently trading at $0.0003 with a 24-hour change of -86.89%, ANSEMWIF experienced a rapid increase in value, reaching an all-time high of $0.002875. However, with early backers…
The Impact of Bitcoin Halving: Analyzing Expert Predictions
The much-anticipated Bitcoin halving event has investors on edge, eagerly waiting to see how it will impact the market. Renowned cryptocurrency expert, Benjamin Cowen, has raised a flag of caution regarding the potential consequences of this event. Cowen highlights a trend that suggests a possible significant decline in Bitcoin’s price post-halving. Drawing from a historical…
Toncoin Overtakes Cardano in Market Capitalization Ranking
Toncoin has taken over the ninth spot in the ranking of the largest cryptocurrencies by market capitalization, surpassing Cardano. With Toncoin’s market capitalization standing at $23.1 billion compared to Cardano’s $21.5 billion, the competition between the two cryptocurrencies has been fierce. The rise of TON in the market capitalization ranking can be attributed to its…
Exploring the Latest Expansion Pack for Gods Unchained: Dread Awakening
Immutable, the blockchain gaming company, has recently announced the launch of their latest expansion pack for the popular trading card game Gods Unchained. The new expansion pack, called Dread Awakening, is scheduled to be released on 23rd April and will introduce a crossover with the highly anticipated blockchain game, Guild of Guardians. This collaboration brings…
Cryptocurrency Investor Loses $800,000 Due to Malicious Browser Extensions
Recently, an anonymous cryptocurrency investor known as “Sell When Over” on X revealed a devastating loss of $800,000 as a result of alleged malicious Google Chrome browser extensions. The investor initially noticed a loss of $500,000 from various wallet applications and suspected that they had been the victim of an extension attack after discovering two…
The Complexities of Ethereum vs. Bitcoin: Insights from Trading Guru Peter Brandt
Trading Guru Peter Brandt has recently made a significant shift in his stance towards Ethereum, after previously criticizing it as a “junk coin” and its supporters as “Etheridiots.” His recent analysis of the Ethereum vs. Bitcoin chart suggests a potential bear trap, indicating a possible reversal in Ethereum’s value compared to Bitcoin. Brandt’s observation highlights…
Analysis and Critique of Solana Meme Coin SLOTH and the Rise of Slothana
The recent surge in meme coin popularity has brought about an interesting trend within the cryptocurrency market. Solana meme coins, in particular, have been gaining traction among investors, with coins like WIF, BONK, MEME, and BODEN all seeing significant gains. However, despite the overall market rally, Solana itself has only added a modest 1.7% to…
The Future of Bitcoin: Predictions and Analysis
Recently, cryptocurrency analyst Michael Van De Poppe made a bold claim regarding the future of Bitcoin. He predicted that BTC could reach the impressive threshold of $300,000 in the current bull cycle. Despite facing resistance and struggling to maintain its peak price of $73,000, Poppe remains optimistic about the potential for a surge in the…
The Nigerian High Court Orders Detained Binance Executive to Remain in Prison
In a recent court hearing at the Nigerian High Court in Abuja, the detained Binance executive, Tigran Gambaryan, was ordered to be remanded in prison pending his bail hearing. Despite pleading not guilty to money laundering charges, Gambaryan will have to wait until April 18 for his bail hearing. The trial itself is scheduled to…
The Evolving Taxation Landscape for NFTs
Recently, the Swedish tax authority, Skatteverket, made headlines with its comprehensive ruling on the Value-Added Tax (VAT) treatment of Non-Fungible Tokens (NFTs). The decision comes amidst the growing economic significance and interest in NFTs within the digital realm. According to the authority, NFTs associated with digital works are subject to a standard 25 percent tax…
The Rise of Ethereum and Polygon in the First Quarter of 2024
In the first quarter of 2024, Ethereum and its Layer 2 scaling solution, Polygon, have emerged as the top contenders in the blockchain space, attracting a significant number of new users. According to a recent report by Flipside, these two platforms have collectively acquired the highest number of new users among observed EVM chains since…
The Need for Informed Policymaking in Regulating Emerging Technologies
In the rapidly evolving landscape of technology, policymakers often find themselves struggling to keep up with the latest advancements, leading to a disconnect between regulatory frameworks and emerging technologies. This divide becomes glaringly evident when examining the challenges faced by US lawmakers and regulators in regulating technologies like blockchain and artificial intelligence (AI). The current…
The Impending Surge in Cardano (ADA) Price
The Cardano (ADA) price seems poised for a notable upward movement, with the network recently achieving a new milestone in terms of processed transactions. According to data from Cardano’s latest weekly development report, the network has processed a total of 88.6 million transactions to date. This achievement is significant as sustained network activity has the…
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