Bitcoin News and Finance

Robert Kennedy Jr Reveals BTC Investment for His Children, Insists Bitcoin ‘Threatens the Monopoly on Money’

During a Twitter Spaces event on Wednesday, Robert F. Kennedy Jr., a Democratic U.S. presidential contender, revealed that he acquired 14 bitcoin for his children. This announcement comes on the heels of financial documents filed on June 30, 2023, which indicated his ownership of the leading cryptocurrency.

Bitcoin Supporter Robert Kennedy Jr Purchases 14 Bitcoin for His Kids

On July 26, 2023, Robert F. Kennedy Jr. joined Scott Melker, also known as the Wolf of All Streets, in a Twitter Spaces gathering. An avid bitcoin (BTC) supporter, Kennedy recently revealed a proposal to back the U.S. dollar with bitcoin while speaking at a Heal-the-Divide event if elected president.

Kennedy confirmed his bitcoin ownership during Wednesday’s Twitter Spaces discussion with Melker, following reports that surfaced in early July about his cryptocurrency holdings. “Right after the Bitcoin Conference, I decided to put my money where my mouth is and bought two bitcoin for each of my seven children,” Kennedy shared with Melker and the audience.

The most epic part of this spaces? The end, When @RobertKennedyJr shared that he took the money from his Monsanto check and bought each of his 7 kids 2 BTC each!https://t.co/gx5a63SDOj

— The Wolf Of All Streets (@scottmelker) July 26, 2023

In response to Marty Bent’s inquiry about states such as New York targeting bitcoin mining and the potential presidential action, Kennedy admitted that he was uncertain of his ability to influence state-level decisions as president. However, he stated that environmental criticisms of bitcoin (BTC) were largely unfounded. Kennedy commented:

I believe the environmental arguments against bitcoin are mostly smoke screens, to obscure the real motives for suppressing bitcoin — Bitcoin threatens the monopoly on money.

The Democratic presidential hopeful also discussed how fiat currencies have enabled governments to finance never-ending wars and unwarranted environmental initiatives. He attributed these detrimental consequences to the “terrible outcomes of fiat currency.” In a survey conducted by Harvard CAPS-Harris and published in June, Kennedy garnered 15% backing from a segment of Democratic primary voters. Notably, 21% of the individuals polled expressed a positive perception of him.

What do you think about Kennedy’s statements about bitcoin? Share your thoughts and opinions about this subject in the comments section below.

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Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r

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