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Why Big Tech Is Nervous About Decentralization w/@OpenGPUfndn
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🇵🇰 PAKISTAN TAPS NEW BLOCKCHAIN AND CRYPTO CHIEF Pakistan’s Prime Minister Shehbaz Sharif has added another member to his cabinet, naming a special assistant on blockchain and cryptocurrency. This comes as Pakistan prepares to use 2 thousand megawatts of electricity to power Bitcoin mining and AI data centers. The government is also launching the Pakistan Digital Assets Authority to manage the 300 billion dollar informal crypto market and promote blockchain innovation. Bilal Bin Saqib, the man of the hour, is no stranger to big challenges. Honored by King Charles III, Queen Elizabeth II and the Mayor of London, he led a pandemic relief campaign that delivered one hundred thousand meals. He also co-founded Tayaba, an enterprise tackling Pakistan’s water crisis with a clever water transport device. Armed with a master’s degree from the London School of Economics, Bilal Bin Saqib is now tasked with helping guide Pakistan’s 50 million crypto users and their 300 billion dollar trading volume into a secure digital future. Let us see if he can turn blockchain into more than just a catchy word. Source: The Tribune
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🚨🇺🇸TRUMP’S TREASURY SEC: “WE ARE GOING BIG ON DIGITAL ASSETS” “We are going BIG on digital assets. Blockchain is the most important financial technology of our time, and under President Trump’s leadership, the United States will be the global leader
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🇺🇸CRYPTO INVESTOR TURNED TORTURE KINGPIN IN NYC HORROR PAD A Kentucky crypto bro allegedly turned a $40K/month SoHo rental into a full-blown torture chamber to extort millions from an Italian tourist. Police say John Woeltz bound the man for 2 weeks, electrocuted him, pistol-whipped him, forced him to do coke, and threatened him with a chainsaw - all for a password. The victim escaped barefoot and bloodied, thinking he’d die that day. Cops found Polaroids, broken glass, a gun, and even an AirTag collar. Source: NY Post
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INCUBATION: TradFi erodes your money through inflation. Even DeFi introduces risk for your money due to impermanent loss and unsustainable yields. Is it possible to keep what makes DeFi revolutionary but strip away its current defects? Enter @StratEx_finance, a marketplace of complex, insurable, multilayer DeFi strategies that novice users can execute with just one click. With StratEx, the time required to deploy a strategy can be reduced to less than 24h. Users deposit funds into a specific strategy or one of their aggregated vaults. Stratex reduces thousands of DeFi strategies to just a few aggregated strategies, which then unlock several vaults. It starts with one click, and where it goes next is up to the user. Made by a team with over a century of combined experience building several Top 50 Web3 projects. Know more: https://t.co/HD475cgE4n We are incubating this project and hold a financial stake in its success. Nothing in this content constitutes financial or investment advice. We do not make guarantees regarding performance or outcomes. Always conduct your own independent research before making any financial decisions.
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