40 Burst results for "31St"
CoinDesk Podcast Network
A highlight from THE PROTOCOL: Krakens Potential Layer 2 Development and Coinbases Influence
"Dive deep into the blockchain realm with The Protocol Podcast with Coindesk founding editor of The Protocol newsletter Brad Count and tech journalists Sam Kessler and Margo Nykerk. They unravel the intricate technologies powering cryptocurrencies like Bitcoin and Ethereum one block at a time. Just a reminder, Coindesk is a news source and does not provide investment advice. Hello and welcome to The Protocol Podcast. I'm Brad Count here with my co -hosts Margo Nykerk and Sam Kessler. Please first don't forget to subscribe to our weekly newsletter The Protocol on Coindesk .com. And real quick, let's just take a second. We've got Sam Kessler here. He's actually missed a couple of our recordings over the past few weeks because he was down covering the Sam Bankman free trial, which is a story that Coindesk owns. Or we did break the story that led to the ultimate collapse of his business empire. Sam, you've been down at this trial and just like getting up at what, like 3 a .m. to get in line to get in the courtroom. Tell us what has it been like covering that trial? Yeah, it was a crazy experience. I'm glad to kind of be back to my normal life. Like you said, some days you had to wake up as early as 3 a .m. Somebody showed up at 10 p .m. the previous evening once to see Sam testify. I was not that crazy. I can only do that a few times the early day. But anyway, overall, it was a pretty insane experience. And yesterday we did sort of a panel with Coindesk reporters, four of the five Coindesk reporters who have covered this throughout the month long run of the trial to hear from members of the crypto community about questions they had and reflections on what was going on. And one of the questions that we received was around whether this trial was, in fact, the indictment of the cryptocurrency industry that everybody in the mainstream seems to frame it as. Or is this kind of this anomalous thing that exists outside of crypto, particularly because FTX was a centralized exchange? The question being, why did it feel like such a big deal? And I think the place where we all landed, like why this got the sort of breathless coverage that it did is because there is a difference between the crypto technology and the crypto industry. And I do still feel and I think those the folks who joined me on the panel agreed that this whole thing, even though it doesn't say much about the technology that undergirds all of these projects that we talk about on this podcast, this whole fiasco was an indictment of the crypto industry. The money, the attention, the focus, you know, the panels that people are willing to go on with Sandbank Manfried all just go to show that it does matter. The companies and the folks who we associate ourselves with cover. I mean, media plays a role in this, too, regardless of whether it has anything to do with the core blockchain technology itself as a centralized exchange in this case. That's super interesting, Sam. I mean, one thing I would just add, you always see giant frauds around new technologies, right? I mean, it's just like inevitable. People are always taking advantage of the opacity and the incredible, complicated stuff. And I mean, we see it all the time. But it's just stuff so hard to understand that it's pretty easy to like pull the wool over people's eyes. You know, I mean, I think we can talk a little more freely about this now that he's convicted. Anyway. OK, well, thank you, Sam. We're so glad to have you here. All right. Let's get right into it now, as we say, with the latest news and developments in technology behind crypto and blockchains. In our first segment, we will be talking about Arbitrum's governance. Of course, Arbitrum is the biggest layer two network atop Ethereum. Margo covers them all the time and they are super interesting project. But Sam, you know, this story you wrote yesterday focuses on some dissension in that community. Why don't you just give us a little brief overview of what that story is? Yeah. So like you said, Arbitrum is one of the people that I might be aware, I might remember last spring when they switched over to a decentralized governance model. So they made this big shift where they launched a token ARB and allowed holders of that token to be a part of something called the Arbitrum DAO that would govern the protocol. And the thing that we're seeing here is a nod to the growing pain, one of the growing pains that we see with all decentralized autonomous organizations, which is the difficulty of reconciling the need for decentralized governance, vast networks of people governing these protocols in like the spirit of crypto, with the reality that you need some somewhat centralized or at least professionalized decision making expertise in order to guide the direction of these really important platforms. Arbitrum has, you know, over two billion dollars locked in it as of today, if I recall correctly. But anyway, in this specific case, Arbitrum's community is currently grappling with a proposal to introduce a research coalition that will be helmed by BlockWorks Research, the research arm of the media organization, Gauntlet, a risk firm and one other cybersecurity firm that's not as specific to crypto. And those folks will kind of serve as this guidepost for the wider DAO to make its decisions. And there's been a lot of controversy around how much they'd be set to get paid under the proposal that BlockWorks presented in conjunction with these other. Let's just, Margo, what were your thoughts reading this story? So, well, two things. I sort of want to know what's in it for BlockWorks. Like, why are they putting themselves forward in this kind of proposal? But also this sort of like what Sam was alluding to drew us back to last spring when there was a controversial proposal about the DAO and there was like a ratification and they started transferring tokens before like that period had even ended. So I feel like ever since that happened, there's been a lot more attention on the DAO and like the proposals it puts forward. So there's always these controversies around DAOs and like the grapple they have to do with centralization and decentralization or professionalism in that case and having some kind of an authoritative figure that will make decisions. And so I wonder if we're looking at this more with a critical eye because of what happened six months ago and because we've sort of seen some controversy with the Arbitrum DAO. But I don't know, what are your guys thoughts on that? So it's a really good question. So that event that you're talking about was essentially when the DAO was established, there was also this foundation that was established, the Arbitrum Foundation. And you see this set up a lot of times where you have a foundation, you have a centralized company that builds a product, and then you have a DAO. The foundation kind of straddles the middle where it's like a real incorporated entity. But anyway, the foundation was suddenly granted a bunch of tokens from the initial mint of ARB. And members of this new DAO who had also just been airdropped a bunch of tokens were like, whoa, wait a minute, we didn't really have a formal vote on where those tokens should go. So it essentially looked like what it was, which was the people who initially created the blockchain granting a bunch of tokens to this foundation, which people think had some links to the old organization, the firm that ran things. So the chief irony here is that the whole idea of a DAO and the whole idea of this specific proposal is to decentralize things further so that something like a centralized foundation, something like the organization that created Arbitrum don't have an outweighed role in the direction of the chain. But the irony is that people see the same centralization issues with this new format. So one of the comments that we have in this article came from one of the voters in this Arbitrum DAO who said, quote, having the same parties review and provide opinions on proposals, cover those proposals publicly via media networks, vote on proposals, review the security concerns of a proposal, and then execute the Arbitrum network upgrades is fundamentally lacking separation of powers, which is a nod to the role that all of these different entities who would be on this coalition currently serve for Arbitrum. And this person showed that these folks who would be on this coalition also hold a huge number of ARB tokens. They'd now be kind of suggesting proposals or at least giving research on these proposals that they're also voting on and have an outweighed weight in terms of, you know, I mean, it's so interesting. It gets right at the heart of this debate, you know, the topic that just keeps coming up over and over again, which is, is all of this really about the tech or is it really about the money? It's like everybody wants the money and some people are providing value. Sometimes it's hard to tell whether this is going to actually be valuable or if it's just somebody who wants money, right? I say I'm curious, the research they're talking about, what kind of research is this? Like, why do why does Arbitrum DAO need research? Yeah, it's a good question. So it's quite interesting. One of the cool things about DAOs is you can go into the governance forums of any of them and you can see people weighing different proposals and those proposals will. So when it comes to research, sometimes there's going to be financial sort of research that they'll do into like what kinds of rewards we should give users of our protocol for doing certain things like what sort of interest should accrue to a token. Not really relevant in this case, but in the future, you know, if ARB should accrue interest, which it doesn't currently, it would kind of help make that call. You'll see a lot of risk assessment. So if Arbitrum is deciding on what bridge partners to use to transact with different chains, somebody like Gauntlet might come in or the cybersecurity firm might come in and do research to determine, hey, which of these bridge partners, given the technology we use and whatever platform we're bridging to uses would be the most secure. That's something that you saw in the past blew up on Uniswap when there's questions around conflicts of interest between the people doing the research and the bridge platforms themselves. But that's the kind of research you'll see, kind of like the technical and financial. Very briefly, the reason why this, you know, bristled so many people was the fact that it would cost two million dollars over the course of a year. And based on the cost breakdown, one person wrote, can the organizations involved demonstrate their time is worth, quote, six hundred fifty dollars to fifteen hundred dollars an hour? That seems exorbitant, as in more than I pay for a Harvard lawyer's exorbitant, literally. So these folks are asking for a ton of money in exchange for their services and they've had to defend themselves. And currently the proposal is really 50 -50 in terms of whether this is a temperature check, whether it goes to a real vote. The community can't decide whether that's a fair breakdown of costs. When does the temperature check end? It ends tomorrow. It ends tomorrow. And there's still some big voters that haven't weighed in yet. So we might be talking about this next week. One thing that is kind of cool, I will say, is in companies, modern companies, you know, the CEO and the board make the decisions and, you know, shareholders do not get to weigh in real time on kind of major strategy stuff or even like line item costs, initiatives or whatever. So that part of it is kind of cool that, you know, people are voting on whether they should spend the two million dollars. So let's turn to our next segment here. Well, there's a project called The Graph, and they came out with some news this past week. We wrote a short story about that. They call themselves the Google of Web3, or they say that people call them the Google of Web3. And the idea is that what they do is they basically look at the data that's on the blockchain and then kind of figure out how to, and then deliver that to protocols or teams and for whatever they need that blockchain data from. It's sort of like, my comment was the opposite of what Chainlink does, which is deliver, you know, stuff data onto the blockchain for protocols that need it. But they came out with this new era roadmap. I mean, a lot of it's pretty technical stuff, you know, it's like features, but they, you know, the line in the story was that this was one of their biggest upgrades since they had a 50 million dollar fundraising last year. And the development team, you know, similar to the decentralization in the previous segment, there's always, there's a development team and then there's the project. The development team is called Edgenone. And we sat down with their CEO, Tegan Klein, who, by the way, I think they said she was going to go on her honeymoon this week. So shout out to you. Congrats, Tegan. But anyway, Margo, you know, you were on this call with Tegan and you wrote up the Q &A. What were kind of your big, big ideas on this? Yeah, I thought it was interesting to hear her talk about like what the graph is, like who they serve, sort of like what entities, what protocols they serve. What I'm still sort of grappling with is like, I understand, like obviously there's a need for decentralizing data, but, you know, we'd asked sort of who her competitors are, who in the space is sort of similar to what she does. And her answer was that there isn't really anyone else in the space that does indexing like they do. Like if they do do indexing, it's something in -house. And so, yes, there's been efforts, I think, which one of, you know, Sam or Brad, you guys can talk about that because I know you have talked to Tegan about that before. But if there's no one else that does the indexing like the graph does, like how much of a hold do they have over organizing data on blockchains, especially because she claims that most of DeFi uses the graph? You know, I think that is a rare position to have in this industry, if that's true. You know, I think we haven't done a ton of reporting on this particular space. I think we're sort of more focused on the blockchain stuff that's kind of infrastructure layer of things and who's winning that race and all the apps. These are, they're kind of one of these middle players. They're not really front -facing, you know, they're sort of B2B in the sense that they're, you know, taking stuff from blockchains and delivery it to kind of like the backend of somebody's website or whatever. But I mean, in general, you know, we're going to get in the next segment, we're going to talk about all the layer twos, you know, that are developing and there's tons of layer one blockchains. But I don't know, that's kind of interesting to have a dominant position in anything in blockchain. It seems like there's tons of competition. I don't know. What do you think, Sam? Yeah, nothing comes to mind that does exactly what they do, which is they serve as a kind of like Chainlink sort of Oracle -ish function, but they're completely on chain. So they aggregate and index data on blockchains so that entities like Chainlink, like Uniswap and so on can use them. But I think that there are some, like I remember reporting on them a while ago and one of the problems that The Graph had and continues to have is just that it's extraordinarily complicated. They have their GRT token, they have these things called subgraphs, this role like indexers. And there's like all of these different, you know, jargon that you find all throughout crypto, but is particularly pronounced on The Graph that some people think is wholly unnecessary and it wouldn't be worth getting into all of it on Coindesk on this podcast, you know, is something that they still haven't been able to fix entirely at the same time. Yeah, I do think that they are somewhat unique in this intersection, but I also noticed that like some of the folks that they mentioned to you, Margo, that they, you know, are partnered with are the same folks that they've mentioned to me over almost like, I think like a year and a half ago when I last wrote about The Graph. So it's like art blocks, which is an NFT project that is really cool, but hasn't like been, you know, super huge in a while. They mentioned Uniswap. I also mentioned them, but if I recall from at least when I was, you know, writing about The Graph, their Uniswap thing is used for Uniswap to display prices on its website. It's not something used in the protocol itself, which is a distinction that might matter. The Graph is like certainly a really exciting project and it is the only one that I'm aware of that's doing, you know, this whole indexing decentralized role. I think that they are still kind of trying to exactly find their place and reach that level of ubiquity that they've wanted for a while. That's really interesting. You know, especially given that these projects that they help haven't really changed over the last two years. And one of the things we had asked her sort of is like, where are these new users that they can cater to? Especially, you know, we're in winter, so where's the growth? Like who are you poaching users from? So that's interesting. Yeah. I mean, to their credit, they did make a big gamble a while ago where they got rid of this centralized, this hosted service that they had, which is more akin to a Web2 service where they would index things and then you would query their own kind of hosted server in order to read off the data. They moved to this decentralized model a while ago and there were questions around whether they'd be able to kind of sustain those operations. And it seems like they have, you know, they really are working in alignment with that whole decentralized crypto ethos in a way that a lot of these sorts of information providers, aggregators aren't. They've had some staying power, at least as a result of that, regardless of whatever their user numbers and partners are. I mean, it's interesting when you were mentioning how technical some of this stuff is. All right. Well, let's take a quick break. And when we come back, we're going to talk about the story of the week. Margo Scoop, Kraken coming out with a layer two. We'll be right back. Calling all developers. Consensus 2024 is happening May 29th through the 31st in Austin, Texas. Experience three days of intensive learning with technical talks, 40 plus expert speakers and 20 or more in -depth workshops, including dedicated half days for Ethereum and Bitcoin. 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WTOP 24 Hour News
Fresh update on "31st" discussed on WTOP 24 Hour News
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Discerning Hearts - Catholic Podcasts
A highlight from Wednesday of the Thirty-First Week in Ordinary Time A Time of Lectio Divina for the Discerning Heart Podcast
"A time of Lectio Divina for the discerning heart. Wednesday of the 31st week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you. You take over. Become aware that he is with you, looking upon you with love, wanting to be heard deep within your heart. A reading from the Holy Gospel according to Luke chapter 14 verses 25 through 33. Great crowds accompanied Jesus on his way and he turned and spoke to them. If any man comes to me without hating his father, mother, wife, children, brothers, sisters, yes, and his own life too, he cannot be my disciple. Anyone who does not carry his cross and come after me cannot be my disciple. And indeed, which of you here, intending to build a tower, would not first sit down and work out the cost to see if he had enough to complete it? Otherwise, if he laid the foundation and then found himself unable to finish the work, the onlookers would all start making fun of him and say, here is a man who started to build and was unable to finish. Or again, what king marching to war against another king would not first sit down and consider whether with 10 ,000 men he could stand up to the other who advanced against him with 20 ,000? If not, then while the other king was still a long way off, he would send envoys to sue for peace. So in the same way, none of you can be my disciple unless he gives up all his possessions. What word made this passage come alive for you? What did you sense the Lord saying to you? Once more, give the Lord an opportunity to speak to you. Great crowds accompanied Jesus on his way and he turned and spoke to them. If any man comes to me without hating his father, mother, wife, children, brothers, sisters, yes, and his own life too, he cannot be my disciple. Anyone who does not carry his cross and come after me cannot be my disciple. And indeed, which of you here intending to build the tower would not first sit down and work out the cost to see if he had enough to complete it? Otherwise, if he had laid the foundation and then found himself unable to finish the work, the onlookers would all start making fun of him and saying, here is a man who started to build and was unable to finish. Or again, what king marching to war against another king would not first sit down and consider whether with 10 ,000 men he could stand up to the other who advanced against him with 20 ,000? If not, then while the other king was still a long way off, he would send envoys to sue for peace. So in the same way, none of you can be my disciple unless he gives up all his possessions. What did your heart feel as you listened? What did you sense the Lord saying to you? Once more, through him, with him, and in him, listen to the word. Great crowds accompanied Jesus on his way, and he turned and spoke to them. If any man comes to me without hating his father, mother, wife, children, brothers, sisters, yes, and his own life too, he cannot be my disciple. Anyone who does not carry his cross and come after me cannot be my disciple. And indeed, which of you here, intending to build a tower, would not first sit down and work out the cost to see if he had enough to complete it? Otherwise, if he laid the foundation and then found himself unable to finish the work, the onlookers would all start making fun of him and say, here is a man who started to build and unable to finish. Or again, what king, marching to war against another king, would not first sit down and consider whether with ten thousand men he could stand up to the other who advanced against him with twenty thousand? If not, then while the other king was still a long way off, he would send envoys to sue for peace. So in the same way, none of you can be my disciple unless he gives up all his possessions. What touched your heart in this time of prayer? What did your heart feel as you prayed? What do you hope to carry with you from this time with the Lord? Let us now close with a prayer to the Father that Jesus gave us. Our Father, who art in heaven, hallowed be thy name. Thy kingdom come, thy will be done, on earth as it is in heaven. Give us this day our daily bread, and forgive us our trespasses. As we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen. Amen. Amen. Amen. Amen.
Evening News with Art Sanders
Fresh update on "31st" discussed on Evening News with Art Sanders
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Discerning Hearts - Catholic Podcasts
A highlight from Tuesday of the Thirty-First Week in Ordinary Time A Time of Lectio Divina for the Discerning Heart Podcast
"A time of Lectio Divina for the discerning heart. Tuesday of the 31st week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you. You take over. Become aware that he is with you. Looking upon you with love. Wanting to be heard deep within your heart. A reading from the Holy Gospel according to Luke chapter 14 verses 15 through 24. One of those gathered round the table said to Jesus, happy the man who will be at the feast in the kingdom of God. But he said to him, there was a man who gave a great banquet, and he invited a large number of people. When the time for the banquet came, he sent his servant to say to those who had been invited, come along, everything is ready now. But all the likes started to make excuses. The first said, I have bought a piece of land and must go see it. Please accept my apologies. Another said, I have bought five yoke of oxen and I'm on my way to try them out. Please accept my apologies. Yet another said, I have just got married and so I'm unable to come. The servant returned and reported this to the master. Then the householder in a rage said to his servant, go out quickly into the streets and alleys of the town and bring in here the poor, the crippled, the blind and the lame. Sir, said the servant, your orders have been carried out and there is still room. Then the master said to his servant, go to the open roads and hedgerows and force people to come in to make sure my house is full because I tell you, not one of those who are invited shall have a taste of my banquet. What word made this passage come alive for you? What did you sense the Lord saying to you? Once more, give the Lord an opportunity to speak to you. One of those gathered round the table said to Jesus, happy the man who will be at the feast in the kingdom of God. But he said to him, there was a man who gave a great banquet and he invited a large number of people. When the time for the banquet came, he sent his servant to say to those who had been invited, come along, everything is ready now. But all alike started to make excuses. The first said, I have bought a piece of land and must go and see it. Please accept my apologies. Another said, I have bought five oak of oxen and am on my way to try them out. Please accept my apologies. Yet another said, I have just got married and so am unable to come. The servant returned and reported this to his master. Then the householder in a rage said to his servant, go out quickly into the streets and alleys of the town and bring in here the poor, the crippled, the blind and the lame. Sir, said the servant, your orders have been carried out and there is still room. Then the master said to his servant, go to the open roads and the hedge grows and force people to come in and make sure my house is full because I tell you, not one of those who were invited shall have a taste of my banquet. What did your heart feel as you listened? What did you sense the Lord saying to you? Once more through him, with him and in him, listen to the word. One of those gathered round the table said to Jesus, happy the man who will be at the feast in the kingdom of God. But he said to him, there was a man who gave a great banquet and he invited a large number of people. When the time for the banquet came, he sent his servant to say to those who had been invited, come along, everything is ready now. But all the likes started to make excuses. The first said, I have bought a piece of land and must go see it. Please accept my apologies. Another said, I have bought five yoke of oxen and I'm on my way to try them out. Please accept my apologies. Yet another said, I have just got married and so I'm unable to come. The servant returned and reported this to the master. Then the householder in a rage said to his servant, go out quickly into the streets and alleys of the town and bring in here the poor, the crippled, the blind and the lame. Sir, said the servant, your orders have been carried out and there is still room. Then the master said to his servant, go to the open roads and hedgerows and force people to come in to make sure my house is full because I tell you, not one of those who are invited shall have a taste of my banquet. What touched your heart in this time of prayer? What did your heart feel as you prayed? What do you hope to carry with you from this time with the Lord? Let us now close with the prayer to the father that Jesus gave us. Our father who art in heaven, hallowed be thy name. Thy kingdom come, thy will be done on earth as it is in heaven. Give us this day our daily bread and forgive us our trespasses as we forgive those who trespass against us. And lead us not in too temptation but deliver us from evil. Amen. Amen. Amen.
News, Traffic and Weather
Fresh "31St" from News, Traffic and Weather
"31st Avenue SE. The news radio 1000 FM 97 .7 forecast from the Northwest Crawl Space Services Weather Center. It's chilly again, we're going areas to see of freezing fog and black ice as we head toward Wednesday morning. If you see that just because of the low visibility but also because it can prove very slippery out there. Wednesday afternoon, another beauty but one a chilly where we burn through the fog will end up just in the 40s again in the afternoon in the couple for Weather just Shannon O 'Donnell. You're listening to Northwest News Radio I'm Jeff Pogue. Thanks a Gusty winds in DC threaten early holiday celebrations. National Christmas tree the at White House toppled by wind on Tuesday just days before the official ceremony to light that tree which is scheduled on Thursday. However, the show went on elsewhere. House Speaker Mike Johnson braving the cold to lead the lighting of the U
Discerning Hearts - Catholic Podcasts
A highlight from Sunday of the Thirty-First Week in Ordinary Time A Time of Lectio Divina for the Discerning Heart Podcast
"A time of Lectio Divina for the discerning heart. The 31st Sunday in Ordinary Time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you, you take over. Become aware that he is with you, looking upon you with love, wanting to be heard deep within your heart. A reading from the Holy Gospel according to Matthew, chapter 23 verses 1 through 12. Addressing the people and his disciples, Jesus said, The scribes and the Pharisees occupy the chair of Moses. You must therefore do what they tell you and listen to what they say, but do not be guided by what they do, since they do not practice what they preach. They tie up heavy burdens and lay them on men's shoulders. But will they lift a finger to move them? Not they. Everything they do is done to attract attention, like wearing broader phylacteries. And longer tassels, like wanting to take the place of honor at banquets and the front seats in synagogues, being greeted obsequiously in the market squares and having people call them rabbi. You, however, must not allow yourselves to be called rabbi, since you have only one master and you are all brothers. You must call no one on earth your father, since you have only one father and he is in heaven. Nor must you allow yourselves to be called teachers, for you have only one teacher, the Christ. The greatest among you must be your servant. Anyone who exalts himself will be humbled, and anyone who humbles himself will be exalted. What word made this passage come alive for you? What did you sense the Lord saying to you? Once more, give the Lord an opportunity to speak to you. Addressing the people and his disciples, Jesus said, The scribes and the Pharisees occupy the chair of Moses. You must, therefore, do what they tell you and listen to what they say. But do not be guided by what they do, since they do not practice what they preach. They tie up heavy burdens and lay them on men's shoulders, but will they lift a finger to move them? Not they. Everything they do is done to attract attention, like wearing broader phylacteries and longer tassels, like wanting to take the place of honor at banquets and the front seats in the synagogues, being greeted obsequiously in the market squares, and having people call them rabbi. You, however, must not allow yourselves to be called rabbi, since you have only one master, and you are all brothers. You must call no one on earth your father, since you have only one father, and he is in heaven. Nor must you allow yourselves to be called teachers, for you have only one teacher, the Christ. The greatest among you must be your servant. Anyone who exalts himself will be humbled, and anyone who humbles himself will be exalted. What did you sense the Lord saying to you? Once more, through him, with him, and in him, listen to the word. Addressing the people and his disciples, Jesus said, The scribes and the Pharisees occupy the chair of Moses. You must therefore do what they tell you, and listen to what they say, but do not be guided by what they do, since they do not practice what they preach. They tie up heavy burdens and lay them on men's shoulders. But will they lift a finger to move them? Not they. Everything they do is done to attract attention, like wearing broader phylacteries and longer tassels, like wanting to take the place of honor at banquets and the front seats in synagogues, being greeted obsequiously in the market squares and having people call them rabbi. You, however, must not allow yourselves to be called rabbi, since you have only one master, and you are all brothers. You must call no one on earth your father, since you have only one father, and he is in heaven. Nor must you allow yourselves to be called teachers, for you have only one teacher, the Christ. The greatest among you must be your servant. Anyone who exalts himself will be humbled, and anyone who humbles himself will be exalted. What touched your heart in this time of prayer? What did your heart feel as you prayed? What do you hope to carry with you from this time with the Lord? Let us now close with a prayer to the Father that Jesus gave us. Our Father, who art in heaven, hallowed be thy name. Thy kingdom come, thy will be done, on earth as it is in heaven. Give us this day our daily bread, and forgive us our trespasses, as we forgive those who trespass against us, and lead us not into temptation, but deliver us from evil. Amen. The Father, who art in heaven, hallowed be thy name. The Father, who art in heaven, hallowed be thy name. The Father, who art in heaven, hallowed be thy name. The Father, who art in heaven, hallowed be thy name. Amen.
News, Traffic and Weather
Fresh update on "31st" discussed on News, Traffic and Weather
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Tech Path Crypto
A highlight from Gensler Targets PayPal Stablecoin | SEC vs Crypto
"Let's get into some details today around the SEC and some of their activities here recently, including taking on PayPal and going head -to -head with one of the biggest financial institutions out there. It's going to be a good one. My name is Paul Baron. Welcome back into Tech Path. Before we get started, I want to play a little clip for you from our sponsors, and that is Tangym. If you guys are looking at going into self -custody, this is the way to go. So a lot happening within their new app updates. Some of the things pretty simple, dark mode, of course, yes, but I like the features that we're getting into the concept of doing sorting of your assets. That's a cool feature. The other thing that plays into this hardware wallet is its ease of use, and the app itself along with the three cards, which by the way, if you go over to the Tangym website, we'll go back. So it's going to give you guys the ability to do some cool things within not only securing your wallets, but keeping those backups, all those kind of things. That's the biggest thing around. If you're keeping any of your tokens on exchanges, stop now and get them into a Tangym wallet. All you have to do is click our link down below, and you'll get the 10 % off on the PBN discount. So do that. All right, so I'm going to go over and hit up on a couple of things here. I want to start with the Squawk Box video, and this is about halfway through. I'm going to play this for you guys. This will get into the detail around what we're going to look at in terms of a recession. Listen in. Do you think the Fed is trying to look ahead now and finally trying to anticipate rather than react? Yes, I do, but I listened to Powell's press conference, and I think he's just as confused by all the different data points as everybody else. Maybe that's why he wants to pause, because he doesn't know what to do. Will there be another hike? I have no idea. What would you do? I'd wait. See what the data says. You've already raised rates so much. The other 25 basis points from here is not meaningful. It's more of a messaging. So wait until you have a better clear view. But are you expecting a year from now that he's going to be lowering rates? No, I don't. I don't actually think we're going to ... Unless we have a very bad recession, I don't think we're going to see the Fed lower rates. I think Powell is still petrified of what happened to Volcker in the early 80s. So those folks who are saying, buy bonds right now, buy 10 years, because rates are going to come down. You don't think that's the case? I think that's way too early to make that kind of prediction. I wouldn't be doing that. You think he's terrified of what happened to Volcker when he lowered rates? When he lowered rates and inflation resurged, that would be the worst possible outcome that could happen to the country and for Powell's reputation. I think he lives in more fear of that than a recession. All right. So a couple of things. We covered this on the FOMC meeting the other day, and that was pretty much my take is that even though the pause did occur, I still think there will be another rate hit because of the data that's coming in and causing the confusion by Powell. They don't know how to read what they're coming in. If you think about this, the most massive rate hides we've had in the last two, three decades, obviously a recession looming, if not already here. Some of the worst kind of numbers coming out of different sets of markets, including an 8 % mortgage rate, all of this plays into either a correction or possibly one last little gas to hold it. But I do agree with him. And that is the Steve Ellsman, which is that could Powell go in the direction of holding a pause, going much higher for, and I say much meaning higher for longer, much longer and not reversing rates. If that does happen in 2024, it does mean we are having a recession. Now a couple other people out there that are looking at this is of course, Arthur Hayes, Powell Pivot, slowing down is giving us, I think a better sense of how much we need to do if we need to do more. But every measure of inflation is above the Fed's target of 2 % guess it's time to pump up financial assets. I don't necessarily agree with Arthur right now on this particular point in the sense that I think we're far enough out yet because of the data that continues to pile in the GDP growth. I know the people are looking at the GDP, possibly correcting and jobs numbers finally catching up. But I still think that we are in a position to where until there is real pain and that will most likely come after Q4. If there is real pain, that's when the Fed will act in reference to that. Now with that, you've got of course, some pretty big things happening in Japan now approving $110 billion in stimulus packages to fight the inflation situation. Of course, if we follow the track of what's happening in Japan with this hyperinflation potential risk, then yeah, you're going to see that. But the question is right now, is it the time? And I still think that Powell's got another 25 basis points in there and to Steve's point is that it's going to be a messaging thing that will help keep the markets in check. Because if we do get a research on inflation to his point, he definitely does not want that to happen because that could really set things into a motion that is almost, maybe could take multiple years to correct. So there's a lot happening right now. Now moving over to PayPal, PayPal received a subpoena regarding its $156 million market cap stable coin, which is PYUSD, which covered this. If you don't know much about that stable coin, go back to our video and watch PayPal stable coin launch. It's a big deal because this I think is good for PayPal in the sense of becoming the next generation financial tool. The interesting thing, and I'll show you guys some things about this in a little bit. The interesting question here is why the SEC went after PayPal. Now there are some things around this that is kind of unique of whether or not the SEC thinks they have a position or there are some other scenarios that are playing out this from a political point of view. I won't get into playing favorites, but we know Gensler. I think everybody kind of understands what's been happening further. So I'd love to kind of get your feedback on where this is going. From the article, it says significant development, obviously pioneering the move in August. This is when the PayPal introduced the stable coin. And they're really kind of the first, I think the first giant that has been hit. Now remember, this is a subpoena, it's not an action. So we haven't seen a Wells notice, things like that all coming out. So PayPal issued some more information, the digital giant obviously is prohibited from allowing new customers to buy new crypto assets, expanding its current offering crypto assets and operating an automated process and exchange crypto assets for money without FTA's approval. So that's something there. October 31st, before PayPal's SEC subpoena, the UK Treasury published a proposal to integrate crypto activities into the financial services regulation. Remember what's happening in Mika within the EU and now the UK also moving active. PayPal's PYUSD and ERC -20 token issued on ETH of course. And then during this, the SEC subpoena indicates the road to achieving this objective is fraught with regulatory obligations. This of course has been Gensler's argument all along is that everything's a security, including your Pokemon cards. So I think it's just a situation where they're firing some stuff across the bow here. We'll see how it goes. I want to go over to a tweet real quick. This is kind of just John Deaton chiming in on this. Under Gary Gensler, will not stop at trying to take down anyone who adopts blockchain technology to give their business a competitive advantage in financial space. And now he's going after PayPal. This is a good statement by John because he's right in the sense that anybody that is really starting to move in this direction. The interesting thing though is we are on, I think, the doorstep of some major financial institutions moving in this direction. Now why has Fidelity not been approached yet? Obviously one of the biggest, I think, out there in terms of digital assets from the mainstream financial asset managers. And then you've got the potential of what will happen when we get a Bitcoin ETF and possibly going into other ETFs, things like Ethereum and even the other assets going in that. So it's going to be a very interesting year, I think, coming up. Just as a note here, US SEC messed up in handling the contentious crypto accounting bulletin. This is a deal that happened earlier this week. The SEC was out of bounds when it issued the controversial staff accounting bulletin. A little bit about that. The guidance, which is the industry threatens to crypto investors the ability to find safe harbors in their assets should have been treated as a formal rule. And of course, this is the GEO included a report on Tuesday. And the accounting bulletin should have gone through a different process, which is really going through Congress. That's what it boils down to. And the SEC in their beautiful architecture of overreach, they do it again. And of course, they get into a little bit of a match with McHenry and Lummis. This is of course, Chair McHenry responding to this. He simply says the rule would impose massive new requirements on financial institutions and other firms to place digital assets on their balance sheets as a liability with a corresponding asset. So this gets back to this whole accounting rule. And then ultimately, this would deter institutions and firms from offering custodial services, which is a huge one, denying Americans access to safe and secure custody of their assets. This is a problem because this could even go into the big ones, such as a Fidelity who already does this with Ethereum. And right now the bulletin has massive implications and the SEC should have received feedback from the federal banking regulators and public before implementing a legally binding directive. This came from Lummis. So we're aware we don't really know which way Lummis is leaning yet, just because she's kind of been back and forth. Maybe she got baited into this little thing with the Hamas scenario, but the fact that she is defending is showing something. This sets an incredibly dangerous precedent. I plan to use Congressional Review Act to block this rule in the coming weeks. So there's some big actions right now in D .C. about this. Another thing here, this came from Deaton. It's a clear statement of a federal agency that the SEC broke the law. Ever since the Ripple lawsuit, SEC has consistently not followed the law, they don't care. Not only are they hypocrites, but they also lack a faithful allegiance to the law. And the SEC does more to hurt the investors than it does to protect investors. I would agree with that. Now granted, the SEC is in full tilt against crypto right now. If you look at what they've done here with Safemoon, and granted, this is kind of low hanging fruit. If you're going to go after the scammers, go, yeah, of course, get the scammers. And this is one that did happen. Safemoon crypto and token executives now were arrested and charged with fraud. So this is at least what they're supposed to be doing. The only problem is they're going after real companies who are running real businesses in causing a lot of mismanagement, I think, of the asset. Sometimes I wonder if the SEC is doing this more out of an idea of just detract and defend, create noise over here, nothing to see here kind of thing. I don't know. It's a very interesting situation right now. But the charges in the company's orchestration of a massive fraudulent scheme through unregistered sale of crypto assets and security Safemoon, additionally, the SEC charges the firm the misappropriated investor funds for personal use. So those are typical things that are happening, not just in crypto, but in any kind of company, including VCs, private equity, independent angel rounds, all those kinds of things. All this happens in any federal regulated fundraising. These kind of things happen. And that's what the SEC is for. It is supposed to do those kinds of things. Onto some other news here is MicroStrategy stocks, their advantage over the planned spot Bitcoin ETF. This is something that Saylor is talking about. I don't know. I would love to get your input on this. I'll reserve for some of you guys, you can drop some comments down here before I kind of go in this direction. But basically Saylor is saying that the MicroStrategy stock offers a way to get Bitcoin exposure with the benefits such funds won't offer, such as an ETF. Further in the article, here is some explanation here. Spot ETF would charge investors a material amount, which will dilute returns meaningfully over the time. Why would someone, a prudent investor, want to give up such a large portion? I don't know that that's a large portion. We've shown some of the fees that have been proposed. They're not super expensive compared to that. From a standpoint of intrinsic value, any downside move in Bitcoin will be partially offset by the stability of the underlying asset. So spot ETFs offer no such protection. But you also have to think about the fact that MicroStrategy itself, the stock, could also take a deviation and market correction. So there's kind of a, I don't know, I'd love to get your feedback on which way you would play it. I'm looking at this from an ETF standpoint. I think that's going to be the route that people will take. Could people say, no, I'm going to play this direction, you know, with MicroStrategy? But hey, listen, it's an interesting argument. Always love to kind of get feedback across our channel. So drop some comments down below. Here was James Lavish talking about this. Institutional investors who were once worried about career risk for owning Bitcoin now are beginning to worry about career risk for not owning it and wondering when Gensler is going to finally approve the spot ETFs for them. I think this is an interesting thing. Just as a reminder, with this subpoena against PayPal, this is PayPal's current market cap right there at $60 billion. This would be one of the largest companies approached by the SEC for these kind of activities. Let's compare them. There's Goldman, $100 billion, and here's Coinbase at $20 billion. Coinbase, plenty of time to go head to head. PayPal is three times that size at a heavily deflated value. Just if you go back to the PayPal numbers and you go to the, let's just go to the max. Look at the deflated value of PayPal. These are the reasons that PayPal is going into alternative product and financial services products out there. So this is something, this company at one time was worth three, almost four times that. So this is a big one for sure that the SEC is about to take. All right, guys, if you are listening in over the podcast, get over here on the YouTube channel, it's the best place to catch all this content, unless of course you are going to join the Diamond Circle. That's where you're going to get additional content. We do another podcast over there. I also do some shows over there that we don't put here on the YouTube channel. So check it out, click into the Diamond Circle down below. And of course, if you want to catch me out there on X, it's at Paul Baron. We'll catch you next time right here on Tech Path.
Afternoon News with Tom Glasgow and Elisa Jaffe
Fresh "31St" from Afternoon News with Tom Glasgow and Elisa Jaffe
"News time is coming up on 644 let's get a check of the roads we do it every 10 minutes on the fours in the high performance homes traffic center let's check in with Tana Fulton well we've got a few issues going on one in Seattle northbound five in the u -district at 45th street the right lane is blocked by a crash so you want to stay to the left to get by in Seattle southbound five at alboro place a crash over on the right shoulders causing a distraction to drivers another crash southbound five just just before Michigan Street in that same area is blocking the HOVLA that's why it is so backed up from Union Street downtown Seattle as you're leaving on southbound five in Tacoma watch for a crash southbound five at South 48th Street the right lane is blocked with lots of emergency crews on the scene causing a stop and go back up from south M Street still watching a crash the with emergency crews on the scene in Purdy westbound highway 302 at 94th avenue northwest causing a slow down from the pretty Sanskrit and in Puyallup police activity as eastbound 512 and westbound 512 exits to 31st southwest avenue block and that's causing an eastbound backup from Waller Road this
CoinDesk Podcast Network
A highlight from CARPE CONSENSUS: SBF's Testimony Demonstrated He Was (at the Very Least) a Bad CEO
"This is Carpe Consensus. Join hosts Ben Shiller and Danny Nelson as they seize the world of crypto. Hello and welcome to Carpe Consensus. This is the best podcast about crypto in the world and Carpe Consensus is a podcast from the CoinDesk Podcast Network. And my name is Benjamin Shiller. I am the features and opinion editor here at CoinDesk. And joining me today is the unerring presence, Danny Nelson. Danny, how are you doing today? You know, Ben, first off, it feels great as always to be the best crypto podcast in the world and by default, therefore also the best crypto podcast in the CoinDesk Podcast Network. But I've been better, quite honestly. I have, we're recording this on Tuesday, October 31st, very spooktacular episode. And I have been up both days this week, 1am, actually 12 .20am, to get to the trial of Sam Bankman -Fried. God, you really are pushing the boundaries here. Have you gotten any sleep over the last few weeks, Danny? Yes. Well, the last, the trial has become, the last few days, a race to the bottom among the press corps where we just undercut each other just to see who is, I guess, the toughest as to who gets to court first and therefore gets the best seats possible. And on Monday, it was essential to get there early. So I got, I think, three hours of sleep so I could get to court at 1am, stake my claim, get my seat. Oh my God. 1am for... Yes. When were they opening the doors? The first doors open at 7 .45, usually. So I was outside in the rain. It was raining from 1am to 7 .45. And it's worth noting that our dear former colleague Sage De Young was the first one in line. He got there on Sunday at 10 .40 at night, pm at night. So he was just sitting out there all night long. I joined him three hours into his endeavor and I did it again today on Tuesday and it was terrible. So does everyone who wants to get in need to be in line or can you save a space for somebody? Well, we've actually constructed a system, us journalists. We've, the SBF press corps, we're getting smarter as the weeks go on. We devised a list system rather early on. When you get there, the first person to get through the day becomes, let's say the line dictator for the day. They create a list and everyone who arrives after that signs into the list. We usually go up to around 25 or 30, but you want to be in the first 21 because there are 21 seats available for the general population in the courtroom. And because the journalists are always the first ones, because we're the craziest, everyone, including just onlookers, comes to us to sign into the list. Well, so dear listeners, we are discussing the trial of Sam Bankman -Free, the fallen crypto king and founder of FTX, which was once valued at an incredible 32 billion dollars. His trial is currently taking place in lower Manhattan and is wrapping up this week, we think. So today, Tuesday, SBF has been on the stand. He's been testifying in his own defense and you've been down at the courthouse, as you say. What did you make of SBF today? Do you think he did anything to persuade the judge and the jury of his innocence on these multiple fraud charges? So it's I would say not. He was finishing up his cross -examination today and it was a brutal one. The federal prosecutor, Danielle Sassoon, she really puts him in a corner, made him not admit to, but reveal a lot of inconsistent statements. She places highlighted in his testimony where he may have been lying and did a pretty good number on whatever defense Sam had attempted to mount in his direct testimony when he took the stand. Now, it's never a good idea to take the stand in your own criminal trial. What the reason why Sam may have done it was simply because the trial was going so poorly for him. He had nothing left to lose. Right. I like the bit in the testimony which I was reading from Coindesk reporting, of course, where Danielle Sassoon asked SBF whether he'd ever asked his lieutenants at FTX what had happened to the $8 billion that went missing from FTX's exchange. I shouldn't laugh about it because it was $8 billion of somebody else's money. But that was quite an eye -opening moment when he said he couldn't really recall ever instructing his or asking his lieutenants where this money had gone. Yes. One of the things that is definitely clear and that no one is refuting, and perhaps even the defense is relying on, is the fact that Sam was a bad CEO. Right. If you steal money from your company, you're a bad CEO, probably also criminal. If you just don't really give people direct instructions, don't ask questions and don't look into things, well, then you're a bad CEO. You probably may also be criminal, but he's definitely a bad one. Right. So we should explain to listeners. I mean, a key question in this case is about intentionality, not whether this money went missing, but, you know, whether SBF knew what was going on and he can be held accountable for the fraud charges that he's had levied against him. So do you think he's managed to tread a line here between coming across as the kind of hapless, incompetent CEO that he needs to present himself as and also a credible witness? That's quite a hard balancing act to strike, isn't it? It was incredible how little he remembered. He was saying, I do not recall, and many variations of that phrase so often, dozens of times from the witness box, when he testified on cross -examination, he just couldn't remember a lot of the statements, whether it be to journalists or to Congress, any time that Sam seemed to have an opportunity to not remember something, he took it. Now, that might be because he just was a busy guy. He really was. He was working 20 hour days pretty often, I think, and just doesn't remember things. It might also be because it's a classic defense tactic to basically say, I do not recall when faced with testimony that is disadvantageous to you. Right. I mean, the do not recall line has become infamous from a famous hearing in Congress in the 80s with the Iran -Contra controversy with Oliver North, where he repeatedly said, I do not recall, you know, basic facts, even his name, maybe. You're right. That's a familiar defense tactic. But do you think it will actually help SBF? Do you think his decision to take the stand in his own defense will ultimately be seen as a good one or not? Well, I'm certainly appreciative of it because it's added a whole new dimension and a whole new chapter to his court dates. I don't know if it's going to make a difference. When I look at the jury box, because I'm getting to court so early each day because I want to be in the room itself, not in one of those overflow rooms. When I'm looking at the jury box and the jurors, I'm seeing a lot of bored faces, but I'm seeing a couple of people who definitely look like they're ready to convict him. It's hard to explain how I'm so sure of it. It's just the way people react to certain cues, whether that's smiling and shaking your head after hearing about something really stupid. That occurred, you know, it doesn't mean that you're definitely going to vote to convict, but it probably does. Some of these people are not good at playing poker. Others are, right? So while I can be pretty sure at this point that the jury is not going to vote to acquit him, the question remains, is this going to be a hung jury? Are they going to vote to convict on all accounts, on some accounts? What happens next? Right. So just take us forward in that. I mean, say there is a majority in favor of convicting him. What happens next? Then it's up to the judge, presumably to decide on sentencing.
Tech Path Crypto
A highlight from Gensler Hints at Bitcoin ETF Approval in November
"All right, so today let's dive into ETF and the probability of maybe an early Christmas present and that is an ETF possibly by November 2nd, that's right, just a few days away. And of course, happy birthday Bitcoin, October 31st, 15 years ago today, we're gonna talk about all that stuff, break it all down for you guys, you're gonna love it. My name is Paul Baron, welcome back in Tech Path. Let's get started today and let's talk about our sponsor, and that is iTrust Capital. If you guys are going long -term on some of your holdings and you wanna do it in an IRA, this is the time of year that you can start doing some tax planning, obviously, as we get closer. And these are the things, obviously, you should be checking with your own tax planning professional, but this is one of the options you can use, and of course, you can get into Bitcoin, Ethereum, as well as gold and silver. A lot happening over there on iTrust, $7 billion in transactions, 200 ,000 accounts created. So check them out even over on Trustpilot. So got a good stuff for you, you can get additional $100 funding reward by just using our link down below. So check it out. All right, let's go into a couple of topics and I'll start with Lynn Alden. This is a tweet from Lynn, talking about the Treasury and what we're gonna be expecting overall, expecting to bar nearly $1 .6 trillion over the new debt during the next six -month period, covering the quarter and next quarter. This is kind of the breakdown for it, let me kind of zoom out on that for you. This came out of the U .S. Department of Treasury. And the interesting point here, when you look at that, during October, December quarter 23, we're gonna get about $776 billion in privately held net market debt, and then by assuming an end of December cash balance of about $750 billion, and then borrowing the estimate is $76 billion lower than announced back in July. So I guess that's good in a sense, but January to March, which is first quarter next year, they're gonna come in and borrow $816 billion. So that's where we get into some pretty significant numbers here. And this, of course, plays into a lot of the overall market strategies and why an ETF is so important, because we may see more and more institutional capital look for flights of safety instead of U .S. dollar, instead of bonds, U .S. treasuries, possibly even money markets, and going into ETFs. So that'll be the thing to watch pretty closely here. Another thing, too, right here from COBEEC, Fed members saw long -term interest rates around 2 .25 to 2 .5. Now we're seeing a sharp move higher. This is a big deal. Fed fund rates now expecting around 3%. So that in itself is a pretty big issue. And I'll show you a Squawk Box video here in a second that breaks down some of the trends that are starting to align with the Fed. We will be doing a live stream on the FOMC meeting, breaking down some things with whether or not we get a rate increase. But really, as you guys know, what I like to do on those FOMC meetings is really understand the engagement between Chair Powell and the reporters at the end, because that usually gives us a lot more insights to what the Fed is thinking. Let's go over to the Squawk Box video. I want to start with this one. Listen in. To the CNBC Fed survey, are pricing out any future hikes, but extending for even longer the time that the Fed stays where it is now at its terminal rates? Steve Leesman joins us now. Hey, Steve.
Ethereum Daily
A highlight from Celestia Mainnet Goes Live
"Welcome to your Ethereum news roundup, here's your latest for Tuesday, October 31st, 2023. Celestia goes live on mainnet beta, Vitalik Buterin outlines the layer 2 ecosystem, Optimism prepares for special voting cycle 16b, and Unibot suffers a $640 ,000 exploit. All this and more starts right now. Celestia, a modular data availability network, is now live on mainnet beta. The deployment comes 4 years after the release of its original whitepaper. Kepler, Leap, Ledger, and the Mystic Metamask snaps are compatible with the network. Users can use Selenium, MintScan, and modular cloud block explorers for tracking Celestia transactions. Users can also operate a Celestia light node, which plays a vital role in gossiping information and helping ensure data availability. Developers can use Caldera, Outlayer, and Vistara, rollups as service providers to deploy rollups with Celestia serving as the data availability layer. TIA, Celestia's native token, is currently trading at $2 .42 at the time of recording. Vitalik Buterin published a blog post outlining the diversification in the layer 2 ecosystem. He notes trends in varying types of layer 2s, including layer 1 projects transitioning into a layer 2, centralized projects aiming for enhanced security, and non -financial applications striving for a balance between security and decentralization. The blog outlines rollups and valadiums. Rollups validate computations through either fraud proofs or zero -knowledge proofs and keep data on layer 1. Valadiums, on the other hand, use zero -knowledge proofs but store data externally. Vitalik introduces the term disconnected systems, which refers to trusting a small set of entities not to mishandle funds. He also underscores two facets of connection to Ethereum, the security of withdrawing to Ethereum and the security of reading Ethereum. Optimism Governance concluded its special voting cycle 16A, leading to the approval of six governance proposals. The proposals include changes to the Optimism Security Council, the formation of an anti -capture commission, and budgets for a Developer Advisory Board, Grants Council, and Code of Conduct Council. Users can currently self -nominate for positions on the Grants Council and Code of Conduct Council with a deadline set for November 1st at 19 UTC. On Thursday, November 2nd, Optimism will initiate special voting cycle 16B, which will feature elections for both Council's approval for the law of chains, intent budgets, and the introduction of a chain delegation program. And lastly, Unibot, a popular Telegram -based trading tool, suffered an exploit resulting in the loss of over $640 ,000. Uniswap founder Hayden Adams criticized the tool for its poor private key storage management and for trading through unverified routers. A vulnerability allowed an attacker to make an arbitrary call to drain tokens that were approved for the contract. The Unibot tool allowed users to swap assets without having to leave the Telegram app. In other news, zkSyncEra releases its Block Explorer API, Hard Hat releases Ignition version 0 .1 .1 .1, and Wallet Connect adds Russia to its blocklist. This has been a roundup of today's top news stories in Ethereum. You can support this podcast by subscribing and following us on Twitter at ethdaily. Also subscribe to our newsletter at ethdaily .io. Thanks for listening, we'll see you tomorrow.
Coronavirus
A highlight from Celestia Mainnet Goes Live
"Welcome to your Ethereum news roundup, here's your latest for Tuesday, October 31st, 2023. Celestia goes live on mainnet beta, Vitalik Buterin outlines the layer 2 ecosystem, Optimism prepares for special voting cycle 16b, and Unibot suffers a $640 ,000 exploit. All this and more starts right now. Celestia, a modular data availability network, is now live on mainnet beta. The deployment comes 4 years after the release of its original whitepaper. Kepler, Leap, Ledger, and the Mystic Metamask snaps are compatible with the network. Users can use Selenium, MintScan, and modular cloud block explorers for tracking Celestia transactions. Users can also operate a Celestia light node, which plays a vital role in gossiping information and helping ensure data availability. Developers can use Caldera, Outlayer, and Vistara, rollups as service providers to deploy rollups with Celestia serving as the data availability layer. TIA, Celestia's native token, is currently trading at $2 .42 at the time of recording. Vitalik Buterin published a blog post outlining the diversification in the layer 2 ecosystem. He notes trends in varying types of layer 2s, including layer 1 projects transitioning into a layer 2, centralized projects aiming for enhanced security, and non -financial applications striving for a balance between security and decentralization. The blog outlines rollups and valadiums. Rollups validate computations through either fraud proofs or zero -knowledge proofs and keep data on layer 1. Valadiums, on the other hand, use zero -knowledge proofs but store data externally. Vitalik introduces the term disconnected systems, which refers to trusting a small set of entities not to mishandle funds. He also underscores two facets of connection to Ethereum, the security of withdrawing to Ethereum and the security of reading Ethereum. Optimism Governance concluded its special voting cycle 16A, leading to the approval of six governance proposals. The proposals include changes to the Optimism Security Council, the formation of an anti -capture commission, and budgets for a Developer Advisory Board, Grants Council, and Code of Conduct Council. Users can currently self -nominate for positions on the Grants Council and Code of Conduct Council with a deadline set for November 1st at 19 UTC. On Thursday, November 2nd, Optimism will initiate special voting cycle 16B, which will feature elections for both Council's approval for the law of chains, intent budgets, and the introduction of a chain delegation program. And lastly, Unibot, a popular Telegram -based trading tool, suffered an exploit resulting in the loss of over $640 ,000. Uniswap founder Hayden Adams criticized the tool for its poor private key storage management and for trading through unverified routers. A vulnerability allowed an attacker to make an arbitrary call to drain tokens that were approved for the contract. The Unibot tool allowed users to swap assets without having to leave the Telegram app. In other news, zkSyncEra releases its Block Explorer API, Hard Hat releases Ignition version 0 .1 .1 .1, and Wallet Connect adds Russia to its blocklist. This has been a roundup of today's top news stories in Ethereum. You can support this podcast by subscribing and following us on Twitter at ethdaily. Also subscribe to our newsletter at ethdaily .io. Thanks for listening, we'll see you tomorrow.
The Breakdown
A highlight from SBF Gets Absolutely Buried in Cross-Examination
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Tuesday, October 31st. Happy Halloween. Today, we are talking about Sam Bankman -Fried on cross -examination. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello everyone. First, let me say before we get into more SPF, a big happy 15th birthday to the Bitcoin whitepaper. Crazy to think that that was 15 years ago, a decade and a half of Bitcoin. Here is to many, many more. All right, well, we are firmly down in the muck with SPF and if yesterday's show was all about Friday's prepared testimony and direct examination, and specifically how Sam contradicted the previous testimony of Caroline, Gary, and Nishad, Monday's testimony and today's show is all about the cross -examination. Just to level set a little bit for how that went, here's how Laura Shin described it. Hey everyone. We just got out of the courthouse and I think it's pretty fair to say that at this moment it just feels like it's over for Sam Pinkman -Fried. Honestly, if before lunch it felt like we were witnessing a murder, then afterward we were witnessing somebody just stab a dead body over and over and over and over and over again. Basically, Danielle Sassoon again trotted out multiple statements that Sam Pinkman -Fried made and multiple statements where he contradicted those statements, you know, was often evasive. She just caught him in so many things. Alright, so let's dig into this. Technically yesterday began with the end of the direct examination. There were a few things covered. One was this hedging defense that somehow everything would have been fine if Caroline Ellison had just hedged, like Sam told her to. SPF said that he had numerous conversations about hedging with the then CEO of Alameda, saying that he had directed Caroline to hedge once in late June or early July, and then following up throughout September. Sam told the court that Alameda's net asset value had already fallen from $40 billion to $10 billion, and that he was, quote, worried that Alameda might become insolvent. Sam discussed Caroline's teary -eyed response, where she agreed that Alameda should have hedged and that maybe they shouldn't have had so many venture investments. He said that she had offered to step down as CEO, but that he wasn't trying to push her out, and that his, quote, biggest concern was that if Alameda remained unhedged that it might go bankrupt. And so I thought that the focus should be on urgently putting on the hedges that would protect against that. Sam explained that Alameda had put on hedges in September, but they weren't as large as he would have wanted. Thus, he directed Caroline to increase the hedges. I will take a pause here and note two things. First of all, on the one hand, Sam has tried to testify that he didn't know what was going on at Alameda and didn't have any control. And yet here, he's talking about how many times he has directed the CEO to take a very specific action. It kind of feels like one of those you can't have it both ways and either you were the de facto CEO or you weren't kind of situations. Second, and something that I'm sure will come up with the jury, hedging in Alameda's performance doesn't have any real bearing on whether or not Sam committed fraud by knowingly using FTX customer funds for his hedge fund slash financial playground. It is a distraction and really has more to do with what might have happened if we had never found out. Now, speaking of what Sam did or didn't know, he also tried to suggest that he didn't really have any idea what was going on until October. He claimed that in October 2022, he had been given direct access to the FTX database, which was previously only accessible by developers. He said that he used this access to build a full view of Alameda's accounts. During that investigation, Sam claims that he learned about the hidden accounts including Se -Yoon 88, which has been sometimes referred to as our Korean friend during reporting. That account was used to wall off Alameda's liabilities to FTX in an account that didn't accrue interest. Now again, this contradicts everything that we've heard from every other witness, but alas, that's what Sam testified. The defense moved on to the final week of FTX, beginning with the release of the Alameda balance sheet in a Coindesk article. Sam acknowledged that he discussed Caroline sending a tweet which would refute the claims. That tweet said, quote, Now again, another revealing part of this testimony, and remember, this is direct examination. This is Sam being questioned by his own lawyers. Is Sam seeming to think that any entity that he was connected to could just move assets freely back and forth between them? He's literally explaining here that a holding company, a shell corporation created entirely to hold Sam's equity in FTX, counted as an asset for Alameda. While Sam seems to think that that's a good defense, to me, it kind of just makes the point clear that he never saw any barriers or differentiation between any project that he was the head of, or any entity that he had ownership over. In other words, if Sam thought he could just move assets from the shell company Paperbird onto the Alameda balance sheet to shore it up to external eyes, is the jury really supposed to believe that he wouldn't do the same thing with FTX customer deposits? Now when it comes to the final days and hours of FTX, Sam basically reinforced over and over that he believed that they had enough resources to take care of everything and that it was all CZ's fault for triggering a loss of confidence and, as he wanted to characterize it, a run on the bank. He also tried to sow doubt when it came to Nishad Singh, as Sam recalled Nishad messaging him about trading his personal account to clear his debts. There were over $500 million in loans for investments and donations that had been papered in Nishad's name, along with $80 million for personal expenditure. Sam said that Nishad was quote, actively suicidal at the time and was being overseen by a therapist. The two of them discussed Sam taking the blame, with Nishad concerned that FTX employees would think it was all his fault. Sam wrote, At this stage, the testimony broke down into a long objection about whether Sam could testify to telling Nishad that he didn't think they did anything wrong. The evidence was ultimately disallowed. The testimony concluded with a discussion of the 11th hour plans to raise funds. Sam spoke to his attempts to raise funds from Apollo Global Management. He detailed his discussion with FTX General Counsel Kan Sun, but told a very different version of the story. Sam claimed quote, That said, Sam claimed to believe there were additional buckets of assets held within FTX which would cover Alameda's borrowing. Primarily, he seemed to be referring to using assets that customers had staked on the exchange to backfill Alameda's shortfall. Sam said, Now, of course, Sun's testimony had been very clear that he told Sam that the size of those buckets was dwarfed by the size of Alameda's borrowing. From there, we got into the cross -examination. Today's episode is brought to you by Kraken. For far too long, the whole financial system has been standing still, too slow, only on for certain hours, overly designed for some types of people, but not for others. Crypto, at its best, represents progress. It asks the question, what if? It invites people in instead of leaving them out. It's on 24 -7, 365, and moves at the speed of real life. Not everyone believes it, we've got our fair share of detractors, but that's the way it always is when you're building something new. Kraken is a crypto company that has been through the highs and lows of the industry, facing forwards towards progress throughout. And now they're inviting us to see what crypto can be. Learn more at Kraken .com slash the breakdown. Disclaimer, not investment advice. Crypto trading involves risk of loss. Cryptocurrency services are provided to U .S. and U .S. territory customers by Payword Ventures Inc., PVI, DBA, Kraken. The cross was led by Assistant U .S. Attorney Danielle Sassoon, and she began the prosecution's cross -examination by establishing that Sam held majority ownership over both FTX and Sam was involved in Alameda's trading by 2022. He responded, depends on how you define trading. He added that, I would say I was not involved for the most part. I would not say I was not involved in any way at all. Now of course, the line of questioning was designed to trap Sam in a lie, which would be a running theme throughout the cross -examination. Sassoon presented evidence that Sam had told Caroline and Sam Tribuco, then co -CEOs for Alameda, to purchase OXI and MAPS tokens. Sam had written to them, guessing we should top longer one to two million of each over the next day or two. Sam rejected this position, claiming this was not a direction to trade. From there, however, Sassoon did get Sam to admit that he had directed Alameda to buy Japanese government bonds and place hedges, which Sam agreed was a form of trading. Sassoon then moved on to Sam's press tour. Sam agreed that he had tried to speak truthfully and precisely about the collapse of FTX. The vast bulk of Sam's answers were simply responding yes or no to the prosecutor. His lawyers had no doubt warned him to keep his answers brief to avoid a repeat of last Thursday's disastrous cross -examination. That was of course when Sam had testified without the jury present and continuously gave lengthy answers which provided additional fuel to the prosecution. Sam agreed that he had tried to be careful about what he said in public and had even cleared some of his comments with his public relations team. It was at this stage that Sam's recollection began to fail him and he became unable to recall what he said during various interviews, which would again be another theme of the cross -examination. Specifically, Sassoon turned to a Twitter Spaces held during Sam's media tour and asked Sam whether he had said that he was not involved with Alameda's trading and had not been for years at that point. Sassoon proposed to play a recording of the Twitter Spaces for the court to hear and to aid with Sam's suddenly faulty memory. The defense objected, claiming that the two sides had previously had a gentlemanly agreement to share exhibits to be used in cross -examination the night before. Sassoon said that the defense had not asked for these exhibits and there was nothing in court rules preventing her from playing the recording. The tape was played with Sam of course stating that he was not involved with Alameda's trading. Sassoon offered another exhibit showing that Sam had made public statements that he had stepped away from involvement in Alameda's trading due to conflicts of interest. In an article published by the Financial Times last December, Sam had said that this was quote, related to his role as guardian of customer assets. Sam of course could not recall making these statements. Sassoon moved on to statements about how Sam had pitched FTX. Sam acknowledged that he had promoted FTX to investors on the basis that its automated liquidation protocol set it apart from other exchanges. Sassoon questioned Sam about statements he made to Congress, describing FTX as a safe crypto exchange. Sam acknowledged general statements of that nature but said he could not recall specifically. After establishing that Sam communicated with potential customers using his Twitter account, Sassoon asked Sam if he made representations about how customer assets would be treated on FTX. Sam agreed with the premise but again couldn't recall specifics. She asked whether Sam had promoted FTX as a safe exchange. He responded that this might have been the case with FTX US but he wasn't sure about FTX International. When asked whether he acted like he cared about consumer protection, Sam responded, I think I did care about them, yes. Coming to the point, Sassoon asked Sam whether he made public statements that FTX was a safe platform. He responded, I remember things around specific parts of the FTX platform that were related to that. I don't remember a general statement to that effect. I am not sure there wasn't one. Of course, the prosecution had an exhibit to clarify Sam's memory. They presented a tweet from August 2021 which stated, As always, our users' funds and safety comes first. Putting an even finer point on the issue, Sassoon presented a tweet from October 2022 in which Sam had described the crypto ethos as economic freedom, the freedom to own your own assets. Sassoon managed to get Sam to acknowledge that when he made that tweet, he knew Alameda was carrying an $8 billion liability to FTX. Now what you see here is the pattern of what the prosecutor was trying to do. She's trying to catch Sam in lies that are relevant in the specifics but also relevant in the fact that he's just lying. Prosecution moved on to Sam's testimony in front of Congress. Sam admitted that he had filed a document which laid out FTX's key principles for ensuring investor protections on digital asset platforms. This document included numerous opinions on how to protect crypto customers including the avoidance of conflicts of interest. Sam acknowledged that conflicts of interest are a quote potential problem. Sassoon turned to Sam's public support for regulation. She alleged that it was simply a marketing ploy and not an earnestly held position for Sam which he disagreed with. Sassoon put it to Sam that quote, Sam responded, To which of course the prosecution presented a text message conversation between Sam and Vox's Kelsey Piper which had occurred in early November. Kelsey had asked Sam whether his pro -regulation stance was just for PR reasons. Sam was made to read his response to the courtroom. Yeah, just PR. Fuck regulators. Now Sassoon noted that Sam had testified under oath before Congress that FTX's risk management program required customers to pledge collateral on the platform itself rather than holding collateral off platform. Sam agreed that he had given roughly that testimony. The prosecution presented an exhibit of Sam's congressional testimony which sparked a humorous misunderstanding. The defense said that they had no objection to the exhibit as long as it wasn't being presented for its truth but merely as evidence that Sam had said it. Sassoon, a little perplexed, noted that it was Sam's own statements. When asked by the judge how she was offering the document, Sassoon responded, Sassoon presented Sam with a marketing deck published by FTX which described how poorly futures exchanges are designed. The document stated that rival exchanges had quote, lost hundreds of millions of dollars of customer funds to clawbacks. When asked to read a bullet point on how FTX was solving those issues, Sam obstinately responded, This gets to another point that many who are in the courtroom reported, that Sam was acting throughout this testimony fairly petulantly. Whether that endears him to the jury or not I guess remains to be seen. Sam was asked a series of questions which required him to confirm that customers were not allowed to use outside collateral to trade on FTX. For example, he acknowledged that a customer could not pledge their house as collateral. Seeming as though she had sprung the trap, Sassoon asked if there were any customers aside from Alameda who were allowed to pledge outside collateral not held on FTX. Sam responded, He said that a firm called CryptoLotus had been allowed to do this and that FTX had considered allowing Three Arrows Capital to use outside collateral as well. This unexpected answer seemed to throw Sassoon off her tempo. She asked follow -up questions about how large CryptoLotus' account was and whether this special privilege was disclosed to the public. The prosecution was then handed a note from an FBI agent seated in the front row who had previously given testimony. Regaining her bearing, Sassoon asked whether Sam was friends with the head of CryptoLotus. He responded that he was not. However, finding the right question, Sassoon asked whether Sam had a personal relationship with anyone at CryptoLotus. Sam responded that he had been friends with a more junior employee at the firm. Now, this line of questioning was essentially the only weak point in the cross -examination where Sam ever so briefly had gained the upper hand. However, Sam still brought home the point, getting Sam to admit that Alameda and CryptoLotus stood alone as the only firms allowed to pledge collateral, not custody with FTX. Turning to Sam's public statements about Alameda special privileges, Sam had a vague recollection of stating that Alameda played by the same rules as other customers but denied saying they had no special privileges. He said that, When asked if he said that Alameda and FTX operated separately, Sam responded that Contrary to that, however, the prosecution presented an exhibit in which Sam stated that Sassoon put to Sam that this statement was general and not limited just to frontrunning. Sam responded, Now, if you're scratching your head, basically the point here is that Sam is trying to argue that every time he said that Alameda was just like everyone else, he was only referring to frontrunning and that Alameda didn't have special access to CFTX users' trades. From there, there were a couple instances of the prosecution trying to catch Sam in low -stakes evasion. For example, he was asked whether he flew to the Super Bowl on a private plane. Sam responded that he couldn't remember. Sassoon quipped, Sam responded, Now, one of the more revealing parts of the testimony, which gets back to what I was saying before about how Sam just treated everything and every entity he owned as all part of one big conglomerate, Sassoon began to ask questions about more specific spending from Alameda. She asked about a tranche of Robinhood shares purchased by Sam using 546 million borrowed from Alameda. The loans were originated in May 2022. Sassoon established that shortly after the purchase, Sam transferred the shares into a holding company owned by Sam and other FTX executives. After a bit of back and forth about the corporate structure of various entities involved in the deal, Sassoon landed the punch. She presented an affidavit showing that Sam had tried to transfer the Robinhood shares from the FTX state into his own name. Sassoon asked, that at that moment, FTX customers could not withdraw funds. Sam answered that he was, Towards the end of the long day, Sassoon moved back to June of 2022, when Alameda paid back loans from external lenders. She asked if Sam knew this would put FTX at risk, which he refused to admit. Trying again, she asked whether Sam knew there was, Again, Sam avoided responding, saying that he, Sassoon asked whether this meant that Sam knew there was some risk. He responded that, Seeing her opening, Sassoon moved in for the kill. She asked, Sam said, I don't think that's what happened, and I'm also not saying that's not margin trading. An exasperated judge demanded that Sam answer the question. When asked if his testimony was that paying back lenders was a margin trade, Sam said, In response to further questioning on whether repaying loans was a margin trade, Sam offered the response, Now, this was broadly how the cross -examination went across the grueling hearing. Sassoon would often pin Sam down to a position, and then present evidence of seemingly contradictory prior statements. In other lines of questioning, Sam would say that he couldn't recall pivotal tweets and interviews throughout the rise and fall of FTX, and Sassoon would then put those words in front of Sam and have him read them back for the jury, or play back interview segments which showed Sam as fleeting the world, given what we now know. Now when it comes to how he appeared, Sam seemed evasive at times. Throughout the cross -examination, he answered that he wasn't sure or couldn't recall nearly times. 150 Most catastrophically for his case, Sam also appeared to be misleading. He was caught over and over and over again in contradictory statements on both large and small topics. The prosecution was able to put direct evidence to him regarding misleading public statements, and he failed to come up with a single convincing explanation. In other words, the cross -examination appeared to go about as poorly as it possibly could have for Sam, which of course was largely in line with the predictions offered by legal commentators throughout the case. Basically, every lawyer that has spoken to the idea of Sam giving testimony has repeated the traditional wisdom that a defense attorney should never allow their client to take the witness stand and open themselves up to cross -examination. With this dissection of Sam's narrative, we got a practical demonstration of why that legal advice is always given. Sam was constantly bristling at the questioning. Multiple reporters who are familiar with Sam's character noted that in the past, Sam would often snap during this kind of tough questioning. During Twitter spaces or hostile interviews, he would often belittle anyone who questioned his motives or his actions. With that response unavailable to him, Sam was obviously simmering with rage at points but had to keep a lid on it. The question, of course, will be whether or not the jury got the same impression of Sam as the scores of crypto reporters who packed the courtroom, each of whom are far more likely at this point with Sam's nature than they care to be. The prosecution was not done with Sam by the end of the day. They expected to take another couple of hours this morning to cement the theory of the case they presented in the opening arguments. That FTX was an empire built on Sam's lies. That Sam had lied to counterparties, to banks, to investors, and to customers. And that through their cross -examination, they were going to put Sam's lies front and center for the jury to see. Teddy Schleifer, a reporter at Puck News, summed it up this way. I feel like the big thing that Sassoon has really gone at is this idea of truth. That Sam is lying. All morning it's been, here's an interview you gave to a reporter. Here's something you said to Congress. Here's something you said on Twitter, to customers. It really makes me think back to the opening statement. How they're really going to make him out to be a liar. What's more, Teddy continued. Sam has not mounted a credible defense to date. The entire defense case is basically Sam. If you're a juror and you're trying to sit there asking what is the reason I have to vote to acquit, I don't know what you're looking at. You're basically believing that this character is more credible than the preponderance of documentary evidence and Caroline, Nishad, and Gary. I don't think Sam has given that juror a reason to acquit. Now Carly Riley, the host of Overpriced JPEGs, put it a little bit more bluntly. She said, incredibly semantic and pedantic for sure, but also like an asshole. One person said to me, So friends, that is the wrap of yesterday's testimony. I'm sure we will do a little conclusion tomorrow on the end of the cross -examination. From there, we will be on to the final witnesses for the defense, closing arguments, and then jury deliberations. But for now, we will wrap there, and I will say, until tomorrow, be safe and take care of each other.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1447: Max Keiser: Bitcoin will reach $10,000,000 per coin
"In today's show, I'll be breaking down the latest Bitcoin technical analysis and this just in, there are now nearly 40 million Bitcoin addresses in profit, which is a new record. So congratulations and shout out to my long term hodlers. Also in today's show, as I shared, the Bitcoin white paper turns 15 years old today as Satoshi Nakamoto's legacy lives on. Let's go. Also in today's show, crypto asset manager Valkyrie amends their spot Bitcoin ETF filing. I'll be breaking down this latest update, as well as a Bitcoin rally to $50 ,000 per coin is now on the cards as the Bitcoin bull market arrives. According to top crypto analysts, I'll be sharing his timeline. Also in today's show, Max Keiser joins the Alex Jones show to predict the latest Bitcoin trends and price predictions and warns of suicide bankers that will destroy the world. Not only that, but Max Keiser gives Alex Jones a simple, very simple five question Bitcoin quiz for 10 ,000 Bitcoin worth $350 million in today's terms. I'll be breaking all this down for you. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at Cryptonewsalerts .net. Again, that's crypto news alerts dot net. Welcome, everyone, to podcast episode number fourteen hundred and forty seven of the Cryptonewsalerts pod. Today is Bitcoin's birthday, October 31st, 2023. Bitcoin is 15 years old and I'm your fearless host, JV. We have lots to cover, as we always do. So let's kick it off with our market watch. As we can see, you should be able to see Bitcoin barely in the green, holding on to thirty four thousand four hundred support. We also have ether barely in the green, a little bit of boring trading sideways action. But if we check out, you know what they say, when in doubt, zoom out. Right. Let's check out the seven day coin 360. Bitcoin's now up four percent. You got XRP up nine percent. Let's zoom out a little more and check out the one month price gains. Let's freaking go. This is a testament that October in full effect, Bitcoin is up almost twenty eight percent this month. Let's freaking go. That's pretty massive. And let's not forget, we're moving into moonvember tomorrow. So do you think we're going to surpass forty thousand? I think so. In fact, if I was a betting man, I'd bet on it. Now, if we zoom out, can we even zoom out a little more? Let's see here. Well, let's switch it up. Let's go to coin market cap dot com. We can see the crypto market cap currently sits at one point two eight trillion with Bitcoin dominance at fifty two point eight percent and the ether dominance at seventeen point one percent and checking out the top one hundred crypto gainers within the top or in the past twenty four hours. We got Celestia, which I've never even heard of before. Up sixteen percent. We got XDC up six percent trading at five cents, followed by TonCoin up five percent trading at five dollars and thirty three cents and checking out crypto bubbles. We can see the top gainers for the past week. We have a mixture. Some are in the red, some are in the green. And let's zoom out. Let's check out the weekly massive gains in the green. Let's check out the monthly. Wow. Incredible. Some of these alt coins are up 50, 60, 70 percent, which is pure insanity. E -Hacks is up one hundred and forty five percent. What about the annual? Holy moly. And let's check out the market cap plus the week and we can see Bitcoin and a big bubble at three point three percent, followed by ether at two point nine percent and checking out the crypto greed and fear index. We're currently rated at sixty six, which is greed. Yesterday, a sixty eight. Last week is sixty six and last month a forty eight, which is neutral. So there you have it, fam. Yeah. So let's kick it off with our Bitcoin technical analysis. Check out the charts with the Bitcoin price action is likely to go next. Here we go. Bitcoin's price trying to push towards the coveted thirty five thousand level. The current high for the year is thirty five thousand two hundred, but has so far been unable to progress. The rest of the crypto market seems to continue with its consolidation, with some of the alts performing better than others. So let's start with Bitcoin here. The Bitcoin price was trading above thirty four G's and seemingly pushing for the thirty five level. And right now we're right in between those two marks. Today, the price remains above thirty four, roughly thirty four five at the time of the live, but is unable to reach the coveted resistance level and is currently at a loss, but barely. We're, you know, kind of tinkering. And liquidation data is also interesting to monitor. According to Coin Glass, the total liquidations for the past twenty four hours are just short of one hundred million bucks. Most of these were long positions accounting for sixty three percent of the total. This shows that the bears were more dominant over the period. Now, the majority of the liquidations, as always, happened on Binance, which is the largest crypto exchange in the world, followed by OKEx and Bybit. And I'm curious, what's your go to recommended crypto exchange? Do you use Binance? Do you use OKEx? Do you use Bybit? Do you use Coinbase? Do you use Kraken? Let me know, fam. And let's now check out some of the technicals specifically for Bitcoin. Right now, as you can see, the oscillators on the left, we have three cell signals. We have seven neutral and one buy signal. And that one buy signal is the MACD, which you can see here on your screen. Now, if we scroll to the right a little bit, we can see for the summary, there's currently eight neutral signals. There's four cell signals and 14 buy signals, which is definitely a bullish indicator. And for the moving averages, which may be cut off on your screen, but I can read it to you. It shows you sell signals, only one neutral, only one. And we have freakin 13 buy signals right now. The market is ripe and ready for continuation of some momentum. So let's freakin go. Now, let's break down our next story of the day and discuss some technicals, which are definitely bullish for Bitcoin. As you can see here, there are now nearly 40 million addresses in profit. If you're one of those 40 million Bitcoin addresses in profit, make some noise in that live chat and let's freakin celebrate. I mean, that's a massive victory, to say the least. Bitcoin has more wallet addresses and profit than ever before. Despite Bitcoin's price being 50 percent below the all time highs. That's right. Right now, you can buy Bitcoin two for one special, but it's not going to last for long. So seize the moment, fam. The latest data is from on chain analytics from Glassnode showing a record number of addresses in the black. Bitcoin may be nearing 18 month highs, but its recent gains were already enough to spark the significant changes in investor profitability. Shout out to relaxing and meditation music. I the appreciate ten dollar super chat. Much love, much respect. Keep it coming. Let's go. Per Glassnode data, the number of addresses in profit as of October 30th was thirty nine point one million. This is the highest number ever recorded for the Bitcoin users and beats the previous peak of thirty eight point one million seen back in November of twenty twenty one. And does this date ring a bell? That's at the time we hit the all time high of sixty nine thousand. Now, at the time, Bitcoin itself traded at those all time highs and thus 100 percent of the addresses in existence with a non -zero balance were obviously in profit. And while the current spot price remains 50 percent lower than those levels, the total non -zero addresses now number forty eight point three million, as you can see here in this chart. And it's just likely to continue soaring and rising. Bitcoiners taking over the world. Yeah, I mean, in percentage terms and profit addresses, they have yet to match their performance in absolute numbers, but nonetheless, at 18 month highs of eighty one point one percent. Let's go. The tally has gone from 60 percent to over 80 percent over the past two months, as Glassnode shares here in the chart. And by contrast, addresses at a loss currently stand at just over nine million at their peak in December of twenty twenty two. Following the FTX meltdown, the total was over 20 million. Now, as reported, the past week has seen the Bitcoin price action pass multiple resistance levels while returning both the long term and short term hodlers back to profit. This in turn sparked profit taken at the much more speculative end of the hodler spectrum, especially as the market passed thirty four G's. Now for crypto analyst Van Stratton, research and data analyst at Crypto Insights Crypto Slate. This underscores the difference in mentality between the cohorts, quoting him here. Bitcoin has shown remarkable strength above thirty four thousand for the past five days while witnessing one of the strongest profit takings in the past two years for the short term hodlers. Now, long term hodlers have barely budged the six largest profit taking this year, but minimal in the grand scheme of things and accompanying the charts from Glassnode tracked these inflows to the exchanges from the long term hodlers and in profit to the short term entities as outlined here in these charts. Now, let's break down the 15 year birthday, the 15 year anniversary of Bitcoin. I mean, this is phenomenal that Bitcoin has been in existence for 15 years. Imagine if you would have knew about Bitcoin back on October 31st, 2008. Talk about a small circle. But yeah, today marks 15 years since the synonymous creator of Bitcoin, the one and only Satoshi Nakamoto, who Alex Jones claims Max Kaiser is maybe because Max holds as much Bitcoin as Satoshi. Who knows? But anyways, shared the Bitcoin white paper to the mailing list of cryptographers on October 31st, 2008. This was after the financial collapse, fam, and a date also annually celebrated as Halloween, quoting the the white paper here. I have been working on a new electronic cash system that is fully peer to peer with no trusted third party, as Satoshi famously said in the opening sentence before linking the document titled Bitcoin, a peer to peer electronic cash system. Holy moly. I mean, again, this is legendary. This is history in the making. You're witnessing firsthand the white paper proposed the decentralized system that could facilitate peer to peer transactions, which can solve the double spending problem often associated with digital currency in which it did. It proposed to achieve this via a network of nodes, validate and record transactions through the proof of work consensus mechanism, launching just two months later, officially on January 3rd, 2009. Satoshi's computer science breakthrough came on the back of other impressive developments in the cryptography and e -money spaces. The first reference cited the Bitcoin white paper is Wade's invention of B money, an electronic peer to peer cash system that never launched, but nonetheless played a key role in Satoshi's plans for Bitcoin and like Bitcoin B money. And I'm curious how many of you have ever heard of B money? We have all heard of B rabbit from 8 Mile, but B money, I've never heard of that one, proposed that participants in the system maintain a database of account balances, which keep track of the ownership of money. Transactions would be initiated and completed by a broadcast message to all participants, which would update the account balances of those involved in a specific transaction. In many ways, it could be seen as a precursor to the nose of the Bitcoin protocol, which keeps a record of the constantly growing blockchain. And I'm curious, how many of you run your own Bitcoin node? Let me know in that live chat. Fam, this process requires proof of work, a form of cryptographic proof in which one party proves to others that a certain amount of the specific computational effort has been expanded. Now, Satoshi implemented this into Bitcoin, citing Adam Back's invention of hash cash in 1997. Shout out to Adam Back, the creator of, I believe it's Blockstream, now, which incorporated proof of work to limit the email spam of denial of service attacks, as shared here by Crypto Leroy, the cypherpunks and fathers of Bitcoin, Hal Finney, he created the reusable proof of work. We got Adam Back, who created hash cash, Wei Dai, who created B money, David Shum, who created DigiCash. We have Nick Szabo, who created BitGold, Phil Zimmerman, who created PGP, Bram Cohen, who created BitTorrent, and Tim May, who is the crypto Antichrist Manifesto, and of course, the one and only Satoshi Nakamoto, who gets credited for the discovery of Bitcoin. Now, Bitcoin's timestamp server works by taking a hash akin to a unique serial number, a block transactions and time stamping, and when the block is added to the Bitcoin blockchain, which we all know. And as Crypto Shama points out here, also giving credit to everyone involved with some of the early developments for the technology that led to Bitcoin. So shout out to all of them, including Max Keiser. If you didn't know, Max Keiser has a patent, I believe the first one for digital currency back in the 90s. That's all on record, fam. So this is pretty amazing. Now, the genius in Satoshi was the puzzling of these pieces into a fully functional system. According to Lop, quoting him here, there is no single piece of the puzzle that I think is more important than the others. Nakamoto's genius was not any of the individual components of Bitcoin, but rather the intricate way in which they fit together and breathe life into the system. Preach. Now, mainstream media highlighted Bitcoin's increased use by criminals, which we know is nothing more than FUD. We got Senator Elizabeth Warren, also Cynthia Lummis pushing those FUD narratives, which suck. We also know Bitcoin became a legal tender in El Salvador, which was the country to adopt Bitcoin as a legal tender, which has been a game changer for their entire country. And I feel we're going to have many other nations lead in the footsteps of Bukele as well as, you know, El Salvador in adopting Bitcoin as a legal tender. So, yeah. Happy birthday, Bitcoin. I'm wishing you another successful hundred and fifty years after these 15 years. You know, the final Bitcoin is not going to be mine, I believe, until the year 2140. Crack me if I'm wrong, but that's a very long time from now. Now, let's break down our next story of the day. Valkyrie updated their ETF filing. We all know right now all eyes on spot ETF. So let's break down this latest development. Digital asset manager Valkyrie Investments, the latest firm to amend its spot Bitcoin ETF filing with the US SEC Valkyrie filed the updated spot Bitcoin ETF with the US SEC October 30th, which is yesterday, according to the SEC database. Now check it. The updated form as one registration statement from Valkyrie Bitcoin Fund aims to offer investors the opportunity to invest in common shares backed by Bitcoin. The shares represent units of fractional, undivided beneficial interest and ownership of the trust and are expected to be traded under the ticker symbol BRRR, just like money printer continue to go kind of cool on the Nasdaq stock market, quoting them here. The information in this prospectus is not complete and may be changed, according to Valkyrie, stating in the filing, adding the firm is not allowed to sell BRRR securities until the registration statement is officially effective. The amended filing comes about a month after the SEC delayed its decision on the Valkyrie Bitcoin Fund in late September. Meanwhile, Valkyrie's updated spot Bitcoin ETF joins at least six others recently amended spot Bitcoin ETF filings made by the following Bitwise, BlackRock, Fidelity, Grayscale, VanEck and ARK Invest. And according to online crypto ETF analysts, the ongoing Bitcoin ETF amendments can be translated as a good sign, definitely a good omen, in my opinion, of the progress and impending approvals. Valkyrie's latest spot Bitcoin ETF update is yet another evidence of movement happening behind the scenes. Bloomberg ETF analyst James Safart believes, quoting him here from X Update, Valkyrie joins the prospectus amendment train for the spot Bitcoin ETF. Things are still moving behind the scenes and following the recent amendments, at least five of the rest of the known spot Bitcoin ETF filers have not updated their filing. So expect them soon, including firms like Wisdom Tree, Invesco, Galaxy, Global X, Hashdex and Franklin Templeton. The SEC currently has a whopping eight to 10 filings at the desk of the chairman, Gary Gensler. But the million dollar question becomes, will Gary Gensler do anything about this and accept any of these spot Bitcoin ETFs? Congress is putting the pressure on Gary. He says you need to prove the spot Bitcoin ETFs immediately, with that key word being immediately. There's some deadlines that are due soon, including ARK 21. I believe it's January 10th. I personally feel we're going to get the green light from the SEC before the Bitcoin having creating the perfect storm. Let's move on to our next story of the day. We covered the ETF filing. Now let's discuss a potential $50 ,000 Bitcoin rally here incoming, according to crypto analysts, Michal Benday Pop, before I break down the latest with Max Kaiser recently on the Alex Jones show. Here we go. A widely followed crypto analyst believes Bitcoin has officially entered the bull market territory and is now primed for a rally towards $50 ,000 per coin. Send it and let's go. We got Michal Benday Pop, who shared on X that the Bitcoin bull market is here. I would agree. What are your thoughts, fam? Benday Pop predicts the Bitcoin will rally as high as $50 ,000 per coin in the coming months before witnessing a pullback and surging to a new all time high. Quitting the analysts here, I think we'll see Bitcoin hit resistance at 38 Gs, baby, but most likely will continue towards 45 to 50 ,000 per Bitcoin pre having after that consolidation and sideways action for a long period before we start making new all time highs. And this is the chart which you can see here in your screen, which if you analyze it, he appears to predict Bitcoin will see $50 ,000 in January of 2024. What is that? November or November's tomorrow. So December, two months. Send it. I love it. Right in alignment with Credible Crypto, who's predicting $48 ,000 in the next two weeks. Let's go. I hope they're both right. The halving, which had historically coincided with the Bitcoin bull run, slashes the Bitcoin mining rewards, as we all know, in half, which is slated for April 2024, under six months out. And for now, Benday Pop thinks Bitcoin's in the midst of a consolidation period and a dip below $33 ,000 is still on the table. Quoting him again alongside this chart, Bitcoin technically constructing a range here slight correction towards $33 ,300 and quickly bought up if the lower boundaries are reached. Probably sentiment will flip bearish the $32 ,800, but that would signal a great long opportunity touche. Now let's break down our featured story of the day and discuss Max Keiser, who was just recently interviewed on the Alex Jones show. He was invited back. And let me share with you a little the back story, just in case you don't know the back story. Now, back in the day, maybe it was 2014, many years ago, Max Keiser, being a kind hearted gentleman, went on the Alex Jones show and he gifted Alex Jones 10 ,000 Bitcoin. I don't know the exact value of the Bitcoin at that time, but I can tell you what the value of 10 ,000 Bitcoin is in today's prices. If you run the math, that is freakin 350 million dollars. Long story short, Alex Jones claims he lost the laptop that Max put the Bitcoin on. Therefore, he has none of it. So Max being the kind hearted gentleman he is, he said, let me come back on the show now. And he actually just released this episode yesterday. So this is brand new, breaking all these predictions and everything I'm sharing with you. And I'm going to give you a basic quiz on Bitcoin, Alex. And if you can answer these five questions, I will give you another 10 ,000 Bitcoin valued at roughly three hundred and fifty million dollars per coin. And so Alex invited Max on the show. They did the quiz. Here are some of the highlights of the show I'm going to be sharing with you. However, if you want to watch it live with me, we're going to be doing a live JV react session exclusively on Rumble after the show stream ends on YouTube. We're going to be watching it together where Max is quizzing Alex and I'll be reacting live to the video. It's something I've never done before. Live reacting to these videos, but I think it's going to be phenomenal considering it's brand new content. Many of you have never seen it before. So make sure you're following me on Rumble because it's going to be lit. But first and foremost, here are some of the highlights from this recent interview. I posted it yesterday exclusively. I was the first one to post the entire interview on X. I already got over 500 hearts, 166 retweets and over fifty two thousand people viewed it. Here's what I wrote. Max Keiser joins the Alex Jones show to predict the latest Bitcoin trends and warn of the suicide bankers that will destroy the world. And here are some of the quotes regarding his predictions when Alex Jones asked them, so where's Bitcoin going to go next? Where do we go from here? Here's what Max Keiser shared. All fiat money and gold eventually goes to effectively zero against Bitcoin because it's demonetizing gold. The same way gold demonetized silver, Bitcoin will be demonetizing gold. So sure, gold will be maybe two thousand, three thousand, four thousand dollars announced. But we're talking about Bitcoin eventually going to five million to ten million dollars per coin. So you're purchasing power in gold terms is almost basically nothing compared to what's happening in Bitcoin. Preach very powerful words. And there is another quote I believe that I shared here. Let's see if I can find it. I click back on here.
The Café Bitcoin Podcast
A highlight from Bitcoin Whitepaper Day & the Treasury "Borrows" $1.7 Trillion with Dr. Jeff, Joe Carlasare, Wicked, and Ant - October 31st, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohleit, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. Happy Halloween, folks, and happy Bitcoin white paper day. Today, 15 years ago, was it 15 years? It's been a bit, been a minute. Satoshi released the white paper for Bitcoin to the world, Bitcoin, a peer -to -peer electronic cash system. We're going to talk a little bit about that today. Good morning, everybody. Good morning. Good morning. I remember the premiere of Thriller on MTV. You old. I am old. Good morning, Nicky. Good morning to all you Cafe Bitcoiners out there. Today is Tuesday, October 31st, 2023. Welcome to Cafe Bitcoin Episode 466. Shout -outs to our supporters on Fountain and Nosternes. Our mission for this show is to provide the signal in a sea of noise teaching the other seven billion people on this planet why there is hope because of this bright orange future we call Bitcoin. You guys want to dig into the white paper a little bit? I'd like to pull it apart, if you guys are up for it, not pull it apart, but just investigate it deeper. All right, so I'm going to read some of this and then we can talk about it. A purely, so this is the abstract, a purely peer -to -peer version of electronic cash would allow, would allow online payments to be sent directly from one party to another without going through a financial institution. That in itself is incredibly mind -blowing and groundbreaking. That's something that we need today. This morning, prior to the show, I was out in the front yard talking to the guy who's giving me a quote or a bid to do some stuff in my yard or whatever, and we got to talking about that and how draconian everything's become and, you know, in a lot of ways like it feels like the walls are closing in for some people. I don't feel that way because I have Bitcoin, but I mean, just listen to this guy talk about it. Like he's very, very aware that the lizards are out there making life hard for people and that's not, probably not going to stop. We're in, you know, we're in late stage fiat collapse in my opinion. It's it's begun and the signs are everywhere and that means things are going to get a lot of freaking weirder here in the years ahead and being able to send money directly from one party to another without going through a financial institution or a gatekeeper or requesting some government bureaucrats permission is probably going to be pretty important. What do you guys think? Yeah, I mean, I personally believe that if this doesn't work out, this is humanity's last shot.
The Mason Minute
The Last Saturday (MM #4605)
"I don't know if you saw a lot of coverage about this in the last week or two, but there's been a lot of talk about moving Halloween, making it officially the last Saturday of October every year. I understand the desire, but it's just kind of wrong to me. I mean, think about it. In theory, one year out of every six or seven, it would fall on the 25th of October. That's the earliest it could fall if it was the final Saturday. Each year it'd be between the 25th of October and the 31st. So the 31st would only come up every few years. I realize Halloween has changed and how we celebrate it has changed over the years. And it's become much more of an adult holiday than it has a kid holiday. It was always about the kids for a long time, and now I think adults get more into it. I mean, I'm dressing up for Halloween today, and it's only just to be a part of the team at the office. Not something I would have ever done in previous jobs. I guess I'm just getting soft. But also times have changed, and I think that's the big deal here. Times have changed. Is it time to change Halloween? I'm truly shocked that people still let their kids go out and trick or treat, because when I read things about what's happening in my neighborhood sometimes, I just shake my head and wonder who I'm living next to.
The Mason Minute
The Last Saturday (MM #4605)
"I don't know if you saw a lot of coverage about this in the last week or two, but there's been a lot of talk about moving Halloween, making it officially the last Saturday of October every year. I understand the desire, but it's just kind of wrong to me. I mean, think about it. In theory, one year out of every six or seven, it would fall on the 25th of October. That's the earliest it could fall if it was the final Saturday. Each year it'd be between the 25th of October and the 31st. So the 31st would only come up every few years. I realize Halloween has changed and how we celebrate it has changed over the years. And it's become much more of an adult holiday than it has a kid holiday. It was always about the kids for a long time, and now I think adults get more into it. I mean, I'm dressing up for Halloween today, and it's only just to be a part of the team at the office. Not something I would have ever done in previous jobs. I guess I'm just getting soft. But also times have changed, and I think that's the big deal here. Times have changed. Is it time to change Halloween? I'm truly shocked that people still let their kids go out and trick or treat, because when I read things about what's happening in my neighborhood sometimes, I just shake my head and wonder who I'm living next to.
The Mason Minute
The Last Saturday (MM #4605)
"I don't know if you saw a lot of coverage about this in the last week or two, but there's been a lot of talk about moving Halloween, making it officially the last Saturday of October every year. I understand the desire, but it's just kind of wrong to me. I mean, think about it. In theory, one year out of every six or seven, it would fall on the 25th of October. That's the earliest it could fall if it was the final Saturday. Each year it'd be between the 25th of October and the 31st. So the 31st would only come up every few years. I realize Halloween has changed and how we celebrate it has changed over the years. And it's become much more of an adult holiday than it has a kid holiday. It was always about the kids for a long time, and now I think adults get more into it. I mean, I'm dressing up for Halloween today, and it's only just to be a part of the team at the office. Not something I would have ever done in previous jobs. I guess I'm just getting soft. But also times have changed, and I think that's the big deal here. Times have changed. Is it time to change Halloween? I'm truly shocked that people still let their kids go out and trick or treat, because when I read things about what's happening in my neighborhood sometimes, I just shake my head and wonder who I'm living next to.
The Mason Minute
The Last Saturday (MM #4605)
"I don't know if you saw a lot of coverage about this in the last week or two, but there's been a lot of talk about moving Halloween, making it officially the last Saturday of October every year. I understand the desire, but it's just kind of wrong to me. I mean, think about it. In theory, one year out of every six or seven, it would fall on the 25th of October. That's the earliest it could fall if it was the final Saturday. Each year it'd be between the 25th of October and the 31st. So the 31st would only come up every few years. I realize Halloween has changed and how we celebrate it has changed over the years. And it's become much more of an adult holiday than it has a kid holiday. It was always about the kids for a long time, and now I think adults get more into it. I mean, I'm dressing up for Halloween today, and it's only just to be a part of the team at the office. Not something I would have ever done in previous jobs. I guess I'm just getting soft. But also times have changed, and I think that's the big deal here. Times have changed. Is it time to change Halloween? I'm truly shocked that people still let their kids go out and trick or treat, because when I read things about what's happening in my neighborhood sometimes, I just shake my head and wonder who I'm living next to.
The Mason Minute
The Last Saturday (MM #4605)
"I don't know if you saw a lot of coverage about this in the last week or two, but there's been a lot of talk about moving Halloween, making it officially the last Saturday of October every year. I understand the desire, but it's just kind of wrong to me. I mean, think about it. In theory, one year out of every six or seven, it would fall on the 25th of October. That's the earliest it could fall if it was the final Saturday. Each year it'd be between the 25th of October and the 31st. So the 31st would only come up every few years. I realize Halloween has changed and how we celebrate it has changed over the years. And it's become much more of an adult holiday than it has a kid holiday. It was always about the kids for a long time, and now I think adults get more into it. I mean, I'm dressing up for Halloween today, and it's only just to be a part of the team at the office. Not something I would have ever done in previous jobs. I guess I'm just getting soft. But also times have changed, and I think that's the big deal here. Times have changed. Is it time to change Halloween? I'm truly shocked that people still let their kids go out and trick or treat, because when I read things about what's happening in my neighborhood sometimes, I just shake my head and wonder who I'm living next to.
Bloomberg Radio New York - Recording Feed
Monitor Show 06:00 10-31-2023 06:00
"Investment Advisors. Switch to interactive brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. On the future of law, visit BloombergLaw .com. Now, up next, the latest on the developments in the Middle East and how Congress is working to come up with aid for Israel. That's coming up in our 6 a .m. news. Bloomberg Daybreak starts right now. From the Bloomberg Interactive Brokers Studios, this is Bloomberg Daybreak for Tuesday, October 31st. Coming up today, Israel strikes targets in Lebanon and steps up its ground operations in Gaza. The action comes as Benjamin Netanyahu rules out a ceasefire. House Republicans unveil an Israeli aid package that differs with President Biden's plan. And Apple unveils new chips for Mac computers. New York College students call for more protection from anti -Semitic threats. Plus, testimony from Donald Trump's daughter has been postponed. I'm Michael Barr. More ahead. I'm John Stashauer in Ford's, Texas. One game three of the World Series at Arizona wins for the Nets and Rangers, a loss for the Islanders. That's all straight ahead on Bloomberg Daybreak. On Bloomberg 1130 New York. Bloomberg 99 .1 Washington, D .C. Bloomberg 106 .1 Boston. Bloomberg 960 San Francisco. Sirius XM 119. And around the world on BloombergRadio .com and via the Bloomberg Business app. Good morning, I'm Amy Morris. And I'm Karen Moscow. S &P futures up two tenths of a percent this morning at eight points. Now futures at.
Crypto Cafe With Randi Zuckerberg
"31st" Discussed on Crypto Cafe With Randi Zuckerberg
"However, we now we're going to change topics a little bit, Michael, the topic you brought to the table is around naughty players coming under the gun a little bit. You wanted to talk a little bit about how LA based impact theory has been charged by the SEC. Yeah, so this is a little slap on the hand. So a little bit of background. This is the first ever securities charge against an NFT project. So impact theory, Tom Bilyeu, amazing founder, founded Questbar, if anyone knows what Questbar is, created what was called the founders keys, because he was building an entertainment media company. And, you know, you all me you Debbie have taught many entrepreneurs not to promise wealth or promise that this is going to be the next Disney and their their investments going to go up. And so unfortunately, impact theory use those words and raise $30 million. Can we just talk about this? This is the wild wild west of 2022 with NFTs. And they were charged, they settled with the SEC around $6 million for this. So they got a big penalty for this. And I think this is a good thing. I want to say that this puts the guardrails up. We have all known that you can't sell NFTs as a as a security, you can only sell them as a digital collectible with utility. And that utility has to be super, super clear. So I think this is a great thing. For sure. I think, you know, the reason we've seen a little bit of a decline and in web three this year, and NFTs is because, you know, there were so many amazing projects, but there were also a lot of bad players that came into the space to make a quick buck. And I think we need consumer trust to come back and a little little bit of healthy policing. I don't know, Debbie, what do you think? Are you in line with Michael's thinking? Or do you disagree? Yeah, no, I'm 100% in line here. You know, it's really easy to sell people the moon, right. And, you know, for all of us that are in this world of emerging tech, we just don't know any better. I mean, we do want to believe that we're on the cutting edge of something that's truly exciting. And so, you know, when someone tells us that, hey, with, you know, by selling these NFTs, you're going to get A, B and C, and you're going to be part of the next big thing. I think in general, everybody wants to believe that. But as part of that, you know, people have kind of taken it a bit too far, you know, greed comes in, you know, consumers don't know any better. So I do think that this is a really important signal for all the other players in the industry, just for us to also be, you know, cautious about what we're what we're promising to the people that are going to be buying our products effectively. Absolutely. All right, we have a few minutes left in the show. So we have time for our lightning round about a few of your favorite Web3 creators and moments of the week. So, Debbie, do you have a favorite Web3 moment or creator of the week? Well, I'm really fascinated by what the app Floor is doing. So for those of you who are not familiar with Floor, it is a portfolio tracking app for your NFTs effectively. So they just used to do portfolio tracking, but recently they have been collaborating with different artists to launch new drops where you can get the artist artwork, but also customize the icon of your app and also customize the in-app banner. So it's a really interesting way of collaborating with artists and also bringing their art, not just as a standalone digital collectible, but also kind of reskinning your app in your phone, if you will. So that's been really interesting to watch. They have one of my favorite artists this week called Tippetron. I've mentioned her before, but it's just really exciting to see how that's all being integrated. And the best thing is that you can just purchase all of this through your Apple Pay and just double click the side of your phone, just making that whole transaction really, really seamless. And I think it's a great example of how we can onboard more people into the world of digital collectibles and NFTs. Love that. Michael, what about you, a favorite Web3 moment or creator? Yeah. So a famous Eric Snowfro, who's been on your program, actually minted 66 Squiggles. So this is the most infamous generative art piece to come out of the last two or three years. He only has, after these 66, two more. And he's waiting to kind of mint those and give his final thoughts. But this is such a great moment. And just to give some background on this, he just gives them away. He mints them to his family, to people that he feels are great creators in the space. And I think that is a beautiful, beautiful thing.That is a beautiful thing. Actually, I had him on the show, and I didn't even know that. So that's awesome. I always learn so much from the two of you about what's going on in the space. Michael, in our final moments together, tell us a little bit about what's going on in our world at Hug. Oh my gosh, so much. So we have a really exciting open call for artists coming up, which I know Debbie can talk a little bit more about. It's a little bit some alpha around a big curation in Tokyo. And that's a really big one. And then honestly, we're just cooking up some really exciting things for the holidays. So stay tuned. There's some big announcements coming, big collaborations. And I think at the most, it's really about staying on the front lines of innovation and learning alongside of all of you. So that's what we're doing. Debbie, anything you want to add? And I know you have a big trip coming up too. So we'll be missing you the next few weeks. Oh, I know. Yeah, I'm headed home to Singapore. And actually, while I'm back, that's going to be one of the biggest crypto conferences that's happening in Asia. This happens the same week as the Formula One Grand Prix race. So very excited to be around for that. There's a lot of great events happening. So really can't wait to see what the art and technology space is like right in Asia. So yeah, I will miss being with both of you over the next couple of weeks for sure. Yes, we'll miss it. But very excited for the world to get to hear from Tina on our team, who is a really incredible curator and passionate about art. What a pleasure to always be joined on this podcast by both of you. Definitely encourage everyone. I feel like we've all learned enough from this podcast that you could go be a great cocktail party guest this week. We learned about the SEC cracking down on impact theory with NFTs. We learned about Sam Spratt's incredibly successful art drop, Floor, an app for your web portfolio, and Snowfro and his Squiggles art project. Super special thanks to Debbie Soon and Michael Littig. You're listening to Crypto Cafe with Randy Zuckerberg. I'm Randy and tune in next week for a brand new episode of what you need to know with Randy and our wonderful Hug contributors. Thanks so much. Talk next week.
Crypto Cafe With Randi Zuckerberg
"31st" Discussed on Crypto Cafe With Randi Zuckerberg
"Hello, and welcome to Crypto Cafe with Randi Zuckerberg. I'm your host, Randi, where we embrace newcomers and experts alike to all things art, innovation, technology, and the intersection of those three things. Our new recurring theme of this weekly podcast is what you need to know, the essentials of the week in the world of creative innovation. I'm joined each week by my incredible teammates from Hug, where we work tirelessly to break it all down for you. Definitely check out thehug.xyz for tons of free resources, whether you are an artist, an art lover, or you just want to know a lot more about the intersection between art and technology. All right, time for what you need to know and all of it in 10 minutes. Let's jump right in. But first, I'm joined in the Crypto Cafe by Hug contributors Debbie Soon and Michael Liddig. Debbie is the chief growth officer of Hug. Hi, Debbie. Hi, Randi. It's so good to be here as always. Love having you. And we have Michael Liddig, director of creator programming at Hug. Hi, Michael. I'm here. I'm so excited to be here. Yes, you are here. Okay, woohoo. All right. So what you need to know, Debbie, you brought a topic to the table this week, you wanted to talk about one of the most successful art drops of 2023 that just happened. Give us the details. Oh my gosh. So this piece, I highly recommend that everybody go check out the Monument Game by artist Sam Spratt. That's a shame. I wish somehow I could describe it. But this is probably one of the most intricate pieces of work that I've ever seen that has been produced digitally. It was inspired by Sam's visit to see The Last Supper in real life. But Sam has been creating this world called Lucy, you know, over the past few years, and it's all been inspired by his own personal experiences. He's taken all of that and really expanded it into this incredibly detailed painting, and essentially invited 256 players to join a Monument Game to really zoom in on all of the details and leave their observations. And so a lot about this piece was the observer had to give a little bit of themselves and almost kind of make a sacrifice of their own personal experience. And from an artist's perspective, he was just really interested to see if everybody else was seeing the same things that he was, because obviously, he knows, you know, every single piece of the law, every single detail, like, you know, comes from his own personal experiences. And he was really curious to see if us as art appreciators and art lovers really shared in the same way. And so 256 people joined in, you had to buy an NFT to participate in this, each one was about five and a half thousand dollars, let's call it that. And at the end of it, they selected three winners to essentially join kind of his esteemed council, Lucy, which he has been building over the past few years. So it's just truly, truly incredible stuff, and just a new way of appreciating art and doing so with your collectors in a way that has never been done before. It is very exciting when you think that over 250 people got the chance to collaborate with an artist. And I think it went for something like 420 ETH, which, you know, that that value varies by the second, but that's around 700,000 US dollars for this piece. So definitely a successful drop. Michael, any thoughts on it? Yeah, you know, I think we're going to look back 20 years from now and look at how artists were interacting with collectors. And I think this is an incredible example of, imagine you went to the Mona Lisa, right? And imagine, we were able to look at collectors, what they thought about the collection. And I think we're going to look back on this moment. And this is going to be a really big turning moment for how collectors collect. We're seeing this happen across a lot of use of blockchain, where collectors can actually leave their imprint on the painting or the digital art. So I think this is a big, big step. And because of Sam's intricate kind of nature of how he approached the piece, he's been working on it for years. I'm just blown away. And I can't wait to see what this does. Yeah, I will also say that, like, it's also the way that we consume the art in itself, right? And typically a piece like this, you go into a museum, this, I mean, obviously, you could get your nose really close to the painting, if you will, before somebody throws you out. But this is the way that the intricate detailed painting was viewed on all the individual computer screens, you could zoom in. So I think when you see it on your computer screen, it's probably 5% of its actual scale. But the way that this was done really allowed us to interact with the piece through our screens and really be able to zoom in on every single minute detail. So that was really incredible to participate in as well, even if you weren't actually an official player of the game. That's, it's amazing. And you're right, it probably is a really groundbreaking moment for collaboration and in art at this scale.
Discover Music Channel (Discover Music Channel)
"31st" Discussed on Discover Music Channel (Discover Music Channel)
"Cassisi hey got start making. Snl every people need to know any load at all. It is thursday off. Probably my gosh. Dj nuts in longside. Wait a minute museum. Show another district of pulse applause. Podcast some professional the dayton appreciates out shaking in facebook fam- fame base at i g. Everything is popping thursday energy fall festival. Things going on we back man. Thank you for tuning in happy to see you. Look everybody here. Loss of apartment crown and one only is well man swell a thrill professional. Wichita okay extraordinaire love for the people to coach and everything about it here at least ass work. You know what. I'm saying at least every week man misplayed town. What what have you courts it. Hey you need a driver said it again. You need to drop got new. A real humble super like some superlight ratchet though. Yeah that's what i was thinking. I'm here so they will for president president. I'm glad misplayed. Thomas here i did. She did talk now. You got mike got now. You gotta plug you gotta plug the brenner. Tom beauty if you know you need lavish slashes vigo anything regarding that girl. Man misplayed tom. Yes we try to try to let me try this on. You know different different different folks full story. I'm a different catch. us up. Been excellent my brother. Excellent man Who else by the talk about you. Good we nice brother and a good week really commonly lighten. What's brother own happy birthday. Happy early burke cutting you off speaking to get the scorpio season. Awhile fucking question. I did just goes whole. I'm you say talk show. We all know it was going to shit. I personally projects at the.
WSB-AM
"31st" Discussed on WSB-AM
"By the 31st of August, and we are not in favor of, uh, allowing Afghans to leave. So as he said there, they will not accept any extensions to the deadline. This comes as President Biden is meeting virtually with other G seven leaders to discuss the situation. We will hear from the president later today. He is expected to speak in the noon hour. We will bring you the President. Live right here on WSB 83 degrees on Peachtree Street hot and humid. Today, the Heat index cut up 100. Atlanta's most accurate in dependable forecast is coming up. We'll school districts in metro Atlanta are paying up to deal with a shortage of bus drivers. Henry County Board of Ed holds a special meeting to bump up pay for school bus drivers by $2 an hour pushing starting paid over 17 60. New and current drivers will also get a 1000. And dollar bonus. Steve Simmons, president of a national group representing bus drivers, says hiring drivers was a problem before the pandemic. Koven is exasperated the challenge. Bus drivers in Gwinnett County can make more than $25 an hour. Clayton has had 17 drivers resigned since the start of school. Bill Chi Accio 95.5 WSB president, Biden is considering taking legal action against states blocking mask mandates in schools. He says that they're failing to protect students amid surging covid cases. The Department of Education Has prepped. It's civil rights office to investigate such bands. Now is the time did your Christmas shopping, says WSB consumer expert Clark Howard. He says it's because you could be faced with some long delays. Shipping goods from overseas has led to big bottle next at the port is goods come into the United States and, in fact the world's third largest container port just.
That’s Wild Podcast
"31st" Discussed on That’s Wild Podcast
"Out and They had a ton of fun doing that. And we didn't know budget-conscious leading up to that too. We're talking about the other day like spin the wheel of a dog food yet to suck some guys. Toenails you have to shave your eyebrow what else was there. You spoonful That kinda gave shave your chest air With dot wax wax yourself with duct tape so we did all those kind of things. Yeah and so. It was all that kind of stuff so you are. You are in that trip if you if you like now that the way things are going like we can't like i mean i see it on the radio. I hear it on the radio and you can't really do all that stuff anymore. You know like things have changed. You know all of cool you know the spankings and all that stuff is gone. I know like bringing all the crazy stuff. I we had now like. You gotta deal with like are we gotta build on his camaraderie. Because we can't go and do all these stunts anymore absolutely was having That's not me now. I always you it no to get freezing. Yeah you froze over 'love' problem you're good now. I'm good now. You can hear me. You can see me. yes sir. What was the last thing you heard reading new comment at all. Would you froze up. Started panicking and i was like you can hear me now. We're good nassar. Yes saying i was going to give you guys a million dollars. If you give me that key word. I was just saying but candidate if only you said it a few minutes ago. Yeah sorry about that. So we're gonna mind bring. We had a national them. Couple in and guy was real review. Long had A female listener. Who was married. And she had this This her her master and was real. Like come up out of the white guy should be saying where i i know. What do you call. Now what do you call is not necessarily beauty. What do you call dom sub now initiative. Hey gov all right so kidding dom dominatrix guy And we have video. Let's surfacing around search for that you and and they brought in whipping a host And and has big giant all. These sexual toys like stopped and she Adults and stuff and we do that here. We did it in the bones two years ago and it was on. It was on president's day. So i remember that like you take off now do this. On president's day president had nothing to do with. it was like they were available and it worked out. Because i can't imagine having the office being opened that day and seeing them who we allow these. Oh my god yes. I mean and that stuff. We kinda backed off on over the past few years little by little. That kind of stuff has gone away but you know what if you relied on that content For those types of shows even howard over the years has evolved out show. He still doesn't come from time to time. But you you try. You gotta make sure you're able to to to win with your words and conversations. He relatable those kinds of things are good for like little spikes. But you gotta be like that can stop. You gotta be able to deal on on that on a daily basis. Like i said because if not it just sounds like going to work man. You're spitting out a long break and you're gonna go take this get your drink. Come back exactly can have that. Listeners can hear it yeah you listen for long enough you can hear like oh man i listen is the more fucking work man. It ain't no more light used by phone and now man weather traffic We're outta yeah people on the show or not gelling anymore and you and you don't wanna being in it you don't want that definitely don't want to get to that to that level so then you're feeling like i'll three timothy stuff you know kinda be pushed down and no good no good for anybody so we know when you have problems with each other you gotta you gotta talk about if you have different opinions and that kind of stuff no matter on air there. You've got to talk about it. It out in minnesota blow away onto the next thing. We don't win on hold you too long. I know you're busy. You got to go back to the studio one of the things i love about you. Is you do all the voices on the joe all the time like i hear nonstop. Yeah all right. Is it possible for you to do one voice for me today me whatever you want. Spin the wheel. This is the scenario. I need you to do. I reached out to my counter and see if he can get on a podcast. you know. He didn't respond which i completely understand. Who the hell wants to like. I understand he's busy. He didn't respond back but if he if he did respond back. Could you tell me what he would say about. The i got. I got the counting. Kelly cast or you know this morning. I gotta feed the turtle. I don't have time to turtle a turtle. I gotta get us. Let us. that's hockey practice now. The dog. it's it's not because it's a small shitty podcast. That's definitely part is definitely part. I don't wanna waste my time. You know it's terrible. I.
That’s Wild Podcast
"31st" Discussed on That’s Wild Podcast
"Around and does yeah. Yeah so Looking up the ceo shannon burn got about shannon. Oh yeah. Janet brother was on to correct. Yeah sobre was a part of that show for a while to rack and then drew now is obviously At night with his own show with moe on the bone and But yeah and and the guys best shannon not too far after you know and there was. There's no bloody it's the business. Unfortunately it happens. Yeah i mean. I pretty much the same thing like eventually. This podcast is probably gonna take over. Joe rogan's podcast and not just got very similar numbers. I and spotify will offer you a hundred billion dollars in to a fifty thousand. I'm right on a budget man. Joe rogan buds. And i'll tell you what one million give other ninety nine a. Let me ask you some questions. What about on your your regular show your morning show on some of the craziest fan experience because you guys used to out of you ever win. You guys would go over to vegas and stuff with the fans. Yeah i didn't do that. We used only roger. J do that here. We the contest and for so every year in january Manual rebranded and we would you guy events every year. We go to steak night. Once we get a high end steak assets like ten every We go we go to shooting range strip club. You go. what else you got Hockey games wait. Wait montana damn. That's bad as fan. Appreciate it man. Holy shit did you hear that. They went to a gun. Range crazy fans. Are you out of your mind. That's i said like some bad ass fan appreciation this week out there right there being reality god forbid imagine. Yeah yeah. I mean it's it's thankfully everything work out far as far as that goes but then we had a grand prize of Going to vegas with the guy's super bowl so they would go for that weekend and in hang.
That’s Wild Podcast
"31st" Discussed on That’s Wild Podcast
"Tv a you can watch what's going on studios with us where separate fees from yards and we have just a little corner Cam like you'd have in front of your house or something like that surveillance surveillance video that kind of stuff so we have this one camera shoot. Where when reynolds apple studio is cameras in your face everywhere. And it's a much much different setup but it's gonna put it all together. You know monica and have a garissa of phone screener usually in the other corner there so it it's a it's a cool thing where you could see all of us together so i'm not just the manual behind the yet have you have you ever. Have you ever gun trouble for any the voices or any of the audio like audio bites that you played ever your career. No no. i don't think so. I mean especially the audio stuff. It's you'd have placed something now. Nothing that i've played a distorted that that happened. Not while i was here by fifteen years ago station on long island hydra signal got hijack in play this racist like like dirty racist hundred song n word lying and there was nothing that they can do. You can look it up. You can see you can find it on youtube. Wasn't that one country singer that dropped a bomb and now his sales of like through. What's his name that saturday night. Live guy. no it's not him. I forget this guy but it has guy was known. I think singing this kind of stuff. And whoever hijacked They hijack signal. I don't think we could do anymore at this protection of it now. So the hijack signal laying this on and nelson the guys could do about it. So you're listening. You're going what's going on why these younger leg this so it's on youtube you can you can find it and It had to come back apologize and there was another bit of they did did you. Did you get fined for that. I don't think so. I don't i wasn't here at that right after i left and And it's just year that audio it's like the worst part is that that kind of stuff is being said and there's literally nothing you can do it. I think they eventually had the power station down quickly. That's the only algae circuit breaker this.
That’s Wild Podcast
"31st" Discussed on That’s Wild Podcast
"I'm i'm ready for that. So that mike i picked up that he's gonna call monica fun the call and he's gonna i have to guesses ziad that casey kasem To i'm ready for that. You always asked. Did he inessa. But i was ready. He was he murdered when when when we play dead guy. It's all you know that. So i'm ready for all that kind of stuff and i love it as a means to me i think of it at a j. He would he just wants to keep things moving and understandable. So i think if it were asked this guy's listening every day he's calling everyday knows how the show works if i can enhance that and it's funny listens to awfully pretty good. You know feedbacks in that kind of stuff. So whether it's they're involved with it or they don't get it at all and it's You shut the f up and move on that kind of stuff so it's funny either way whether they get what breath speaking of callers then of like. How much stuff have you done that. Just been gold. You're like oh man. I wish i could have put that out. You know what i mean like. Oh man it's it's tough especially after you get really log all the and all of a sudden you know. They're cursing counts russell radio although we are being stream we still have to abide by rules and fairness bomb fought without not you guys. Don't get it too often. I i know there was a co like maybe a week ago. It was like five of them. That happened that never happens. But you don't know it's it's usually once a week. Something like that where the caller is not doing it cursing out. It's getting comfortable and you know and next thing you know they're saying S r f. Or whatever else you know. We added that dump on butterflies. And if you're lucky you're on hold and you get to hear it right street. I hang out good. I need to call anymore great. I'm still bob. I'm good as your. Have you ever listen to jim rome. I haven't listened to while but back in the day. I used to listen to jim. Rome and he has a producer whenever alvie. That does all the different sounds and stuff you i. I used to listen to that and love that. How good he was. You are on point with alvie. The things you want to sound bites the voices i mean. Do you do a lot of work on that show. I do and i appreciate you recognize that. I haven't minor jim rome years ago. I know he's day. I used to watch a little bit of that. I have not heard show Check it out of the year. That i was getting comparison with Fred norris howard stern Talking about sound of axon kind of taking what's being said and enhancing it different talking about song rowing it in there and obviously fred but the majority of stuff will review is off the cost. So i love that kind of stuff. I like being. I like being prepared by the off. The cuff stuff were okay. We're gonna talk about this all right. And then i'm i got an idea in my head on on where to go and as the break is going like said we have a caller. That's not going somewhere guys. Let's get the state out museum the award show music or i'm just getting ready to shove to f off land. Whatever whatever you know. So that kind of stuff i love it. It's it's you this evening but it's camaraderie. You know what i mean like the camaraderie and all that no when you bounce off each other and get like wind do all that. You can't have that because if not is going to sound like you're just going to work you know what i mean. It's gonna and it's to sound exactly like that to the listener. You're just going to work bro. You're spitting this out. You're getting ready to go to break. And that's it exactly. I mean and you work out with the guys in studio in studio on air. You know seven eight hours a day so you better like john. You know if you don't you guys you're gonna have a lot of trouble now. Everybody is like family. Gets a little disagreements or you may think you want to go one way or another way with the way a great goes or some deputy general. We all get along and obviously monica to. That's that's a whole dynamic as well because in tampa and we're not where they're so far away they can't see her. I'm the computer tonight. That i have bone. Tv connected at life fees. I see her in in real time and So i could see us guys. Don't see her. But sometimes what i try to do too is because i can't see her. I'm not staring at the guys either. I'm trying to listen and hear how everything's going so that i'm listening like promotes from a listener respects. You know because it's one thing if you're in the studio talking talk. He may talk over each other. That kind of stuff. So it's I'm trying to listen from michael listener perspective so like the wizard. A boss guy behind the curtain. That is definitely this. Definitely a lot of that And it's cool that we have bones. Gb two i adds another. I wish our camera setup here in new york was as good as when we're in the studio tampa not if you watched it on the bone online dot com with bone..
That’s Wild Podcast
"31st" Discussed on That’s Wild Podcast
"About her stuff. You got that you to stand up for your girl off. If you're the best part is that dude took that out of the video. But the beginning of that video i was saying how agent or block spoke to her tax and she was missing thirteen hundred books. Like stop ra's just everybody is definitely i'm back. I'm do not told. I was like email corporate as thirteen dollars. Even say email. Do go for thirteen hundred dollars. I mean yeah exactly. Everybody wants a clown me but they would all do thirteen hundred dollars. It just sounds funny when you say it man. You know what i mean. It just sounds funny when you say the now is because it sounds you. Strike a radio. Britain in the house baby was happening. There goes connect connected in areas. Yes sir i'm gonna black and white black and white giant head computer throwaways my computer connection. No you're not black and white or new siding. You're right. I can see colors. You're kind of blue. I got yellow in the background. You good okay. Good the preview. Here let me now. don't want oh yeah we really really appreciate you jumping on here. I know you busy man for those. You don't know brent's on two different radio shows on two different radio stations What times you. First radio station star. We get about four thirty in the morning. So i wanted to point three eight. A on long island and classic rock stage was with roger. J b the same show but a different station is roger. J wanted to five of all. Just wait no me from in tampa and that is on lebanon's chewed pm. So the morning show. I about four thirty nine shows off five thirty to ten. So that's my day. The biggest thing. I was wondering. What's the what's the biggest difference between Both shows like whether it's company wide was the difference in an fans wanna difference. Well roger j b have been doing the orange show on long island for twenty one plus years now. I started with them toward the beginning. Like iraq a couple of years. I was with them for a couple years. Went on to do other stuff. And then when that job wasn't around anymore they actually produce herbs. Eric time was leaving so they said you wanna come back. And i said all right perfect timing worked out now Seventy and a half years later back with the guys doing votes shows. We've been doing the bone show tampa for. It'll be six years this july which raises. We didn't think it would last year. We we had faith in ourselves. But you just never know. You're hoping you're hoping for success in the have a completely different market except us and a completely different format because in the morning we're doing usual you know music station stuff. Traffic weather and We're talking for two or three minutes at a time. All that it songs instead of fifteen twenty minutes at a time like we do in the bone which is all talk as new of a for those don't and at first like how are we gonna have. We're gonna talk to that long and we're going to make it work at now. It's the opposite now the morning show. It's which we could talk longer. Certain used to it now and both are a ton of fun and we've been on longer on long island Everyone feels like that a cut. It used to us. We have great ratings and both stations. Thank so especially especially stays and to be successful. Two different markets two different shows every day. It's a blessing and it's it's amazing zane time at the table audience because it's all talk you're tuning in for us. You're a year whatsoever. Not were with the music music format you may be tuning in for the personality maybe tuning in for music joining for both so to know that people were tuning on the phone. Just era and it's it's and be successful at it you know we've when we first started eidos new york is whatever i you go back to where you came from. Up north kerala. We don't need you but there's so many transplants from from all of these. Did you tell them when they would be like. Go back where you came from. You should have been like you do realize we. We are here new york. I don't need to go better. That's a great boy off the mike. Stay where we are. yeah But yeah there's so many transplants from from new york and boston north amfar. So it's a good mix. Now you hear the show your the callers have born inbred floridians and then you got your your boston accents and new york accents. And we're we're we're not talking specifically about new york seven you hear once in a while. Say hey here you are. But in general it's just were talking about whatever's going on so it's not You know if you're not from florida you're not from new york. We're destroying everyone content. We're talking about ninety percents on is hopefully going to be down the middle that anyone listening in in the death and joy i will say a. I've been listening to the own before they even were all talk when it was just a bubble in the morning with mike was an afternoon. I was listening before. I will say this. This audience here definitely embraced. You guys like the show before you get. They embrace them a little bit but they definitely locked in what you guys like. Every every time. I'm listening someone calls in and just telling you guys you have. A great show are mediocre. Show with right. Yes yeah a little subtle things you guys. You're better than dead air you're listening. You know all the all the little things that they get up on and you know. I try to pick up on that kind of stuff to is obscene editions. You talking. i'm running the board and you know listening for any time. I can insert sounds and music and all that kind of stuff. So i'm picking up like this one caller mike he's doing like fire cannons. I played yeah. Jp jp sounded today. I was jp sound like he was getting mad at that dude. Like just just pick somebody already. I like it when yeah ops. Jd better force as a shorter fuse. Then roger or or monica myself I love it when vollers get involved like that or they steer a little laughs and we're going straight as during left or right or whatever. It is literally just moving moving at steering wheel or we don't think and and that's that's the way i think jus..
That’s Wild Podcast
"31st" Discussed on That’s Wild Podcast
"Shut the fuck up. A you see that video posted. When i was complaining about the company's not doing their job and stuff. Yeah row you needed to come as amber are talking about you. Dyers sit there like you went on a super fucking ran on the new ause. I know you need to calm the fuck down dude. You'll have today some dude. He only follow me. He's like dumb ass. You can't call in and giving you mega model and get your tire size. There's different wrens and stuff. You really are cairn. Sound like okay. So i look up my year. Model rim sizes. There's only four different rims. They can put on that day. So guess what. The tire place can tell me the prices of all those mother fuckers so i kinda got a range of what price i can get. That's on the fugger. I was like thank you. are we done. We're listen Who did you say. Were trying to get tired from walmart. Okay broke one hundred percent. The kid they hired to do the goddamn job to fuck you talk about. He was getting shopping. Carts like three hours before you today. Phone rely a guarantee light. He's not fucking tired technician. He's dude as fucking filled out the application online and got the job. His desk got the job. I'll put tires on your car. Todaybritain's like kumo. I got disagree with you down. Did they give piss test there. Man no on then even legit enough to pay for the pistons. Now roy walmart you getting pissed man. No lie that's the job. You're getting pissed as i hit him back with that. He hasn't responded back. So i was like thank you in all actuality i mean he's right brokers like my tires are custom so when i call in and i give them i'll make model. They put dumb ass tires on my car in google ads looking tired. I don't want this shit for my shit customer. I gotta tell you is one hundred percent. But but like i said on mike truck got stocked. Rams gannett year make model. There's only four different tires. They use so they can look up in the computer and tell you the price is roy. You could put a mad looking tires on your rooms do well. Actually it wasn't even my girlfriends.
That’s Wild Podcast
"31st" Discussed on That’s Wild Podcast
"Know what time it is that prom. Our just hit. That's why podcast coming to you. Live baby was going on like always. I'm tito piggy. That's my boy he said was the joining us a tune into another episode of. That's while podcast. Exactly what episode is t- This episode Africa because Goddamn somebody when. I asked him what episode. It is told me the same episode. Twice and i went to look like three or four episode or just episode twenty six holy shit. How am i getting the blame for this. Every time we go live on my yo e what episode. This acquis you. Every time you start to spin out the wrong. Why are you asking me what. Emma soda these. I can't even read but you can. I count them benjamins. I always man man. Listen this brought data and got the okay to start the joker to movie man. Ooh you know what though i. I went wash out with some family members if it wasn't for family members at a town at the time if it wasn't for them being there i- legit not even joking. I would've probably walked out of that. Not that it was bad. He was making me feel so Comfortable anxiety everything was sparked up dude like for real real man. You know the first one. Yeah it took it. I mean it didn't get good until like the end. You know it was. It was kind of dragged out and it was kind of long. So i'm hoping you know there's a lot more action than this. There's a lot more detail till you know about the actual fucking joker you know. 'cause the dude was himself for too long komo main in turn into the joker to last. What fifteen fucking minutes of the movie. Some bull shit dude. That was the problem though. Like them showing how he was beforehand was it was legit. It made me feel uncomfortable. I wanted to lead that. I was like madison Weird and creepy egg watches. But i guess it's supposed to because it is the joe green automating. Oh yeah people. Love a lot of people like i said. I know it's a good movie but the way my stupid brain works. It was like i feel comfortable. Get the fuck outta here for a mansion. Hey i'm dan. I'm ready to watch it again. I'm hoping that goes. Hbo maxim bullshit. Real quick and i think it's a new a horror movie or some scary movie that this one to chill. Hbo they got that the conjuring forgot what do them conjure. Movies are crazy. Shit bro. Like no li- real talk. I'm not even going to try to say to nominate Pronounce initiate me. My feelings about.
Archives of Fabella
"31st" Discussed on Archives of Fabella
"Beyond our world there is love beyond our world. There is war beyond our world. there is life beyond our world. There is football tara's thirty first eleven twenty two f. y. for butler year equal to may twentieth twenty eight seventy nine bc earthier the age of civilization info. Bella was a period of great discovery when people started to grow out of the nomadic hunter gatherer society of the primitive creation age and stay in one place to construct homes and pull together as a community but communities have their problems. The first thousand years of bella were ruled by chaos as lawlessness tribal chiefs were mostly made up of the biggest strongest male specimens of the tribe. Who had no business. Being in charge of anything then along came mesa mesa was a harvey angel while we are more familiar with angels being holy messengers of government. The angels fabella are not spiritual beings in any way shape or form. They are just the female sex offender. Bellas bird people however mesa does look quite the part of a messenger of god with hair the colour of sunlight and pearly white wings. Not at all well drained because beauty in this illustration age of abella is not a priority. Her golden hair is a tangled mess. Their stuff trapped in it girl needs a bath and you can see every speck of dirt on her wings. Mesa is a gatherer for her tribe of harpies every day she flies away from the tribes home on the slopes of mount. Carry dan in their red winter. Mountains of afla are to gather food from the rainforests don below before flying back to the highlands. One day as mesa is forming her job. She hears a chorus of voices. Whisper in here ear. The voices keep repeating the same craze over and over place on race of either missile. Looks around for where the voices could have come from. But she's alone. Still the disembodied voices. Keep repeating the same phrase. How shall not place up unable to stand the torment any longer. Mesa asks a fellow angel gatherer. If she can hear the voices her friend says no asks what mesa is hearing only wind. Musa repeats. the phrase shot not place one's race above others do the voices style. The next day she receives another repeating directive from this chorus mesa repeats of freeze as well to avoid hearing it endlessly throughout the day though shelter. Not place once power of the holy spirit. This is enough for mesa to seize upon the theory that changes the entire trajectory of her life. She is hearing the voice of god specifically lord lucas the holy god of all that is good and righteousness in fabella. Lucas rarely speaks to anybody. And it's been centuries since he's appeared in person. Musa never sees lucas in person but day after day for the next ten days she keeps hearing a chorus of voices all giving her the same directive. Shout not comment. How shout honor guardians shop. Not god's meese repeat only. These freezes to her tribe members and start to gain from knowing this greatly irks the chiefs and male leadership of mount caradon the order her to stop creating such trouble but mesa continues repeating the word of god shalt not cease education thou shalt not speak in dark tongues thou shalt the community fed up with all the trouble that she's been creating the harpies of mount caradon expel her from the tribe. Mesa is away with her disciples to seto her own tribal colony. She calls her people the order of halo and they become a group of monk like people dedicated to communing with lord lucas and upholding directives given to them by their lord of light. Mesa goes down in history as the first recorded. Prophet as for these phrases. Taro's thirty i mean the day. Mesa received all twelve directives which he spread to the order of halo as the twelve commandments. Thou shalt not plays race above others. Thou shalt not place one's power above the holy spirit thou shalt not commit murder thou shalt honor thi- guardians thou shalt not hoard worldly goods thou shalt not education thou shalt not speak in dark tongues thou shalt honor thy community thou shalt not betray thy partner thou shalt not prey upon the weakness of others thou shalt not display ones sacred body thou shalt not commune with the dead. That's going to do it for us. Today subscribe now to get more new episode in your feet rate and review the podcast on itunes or a rare ever. You listen to your podcasts. Send your questions. To archives of bella. At meal dot com archives of about is created produced and hosted by dylan foley with music by gerrit fares and audio blocks bucks are available on amazon in e book and paperback as always look outside of what is possible and think about what might be..
NoCo Now ? 1310 KFKA
"31st" Discussed on NoCo Now ? 1310 KFKA
"Know more. come monday. The the fact that the conversations happening says enough about the state of things..
Mornings With Gail - 1310 KFKA
"31st" Discussed on Mornings With Gail - 1310 KFKA
"The president's two trillion dollar infrastructure plan. It's scheduled for two twenty mountain time again to twenty mountain time. That infrastructure plan will include two trillion dollars in spending over the next eight years proposed increases in corporate tax rates from twenty one to twenty eight percent a ten percent increase in the payroll tax. That's for everybody and increase in the capital gains tax rates that could impact your investments. Could even impact your 401k. Nancy pelosi says it is predicting it will pass the house by the fourth of july. But that's the easy one then it has to pass the senate and the senate will take it up in october. That's a long time to be talking. About and fleshing out and projecting impacts on average americans of a tax rate hike there could be changes markets. This morning the dow industrial average up eighty two points the at thirty three thousand one forty one the s. and p. Five hundred up fifteen at three thousand nine hundred seventy four and the nasdaq up. One hundred twelve now at thirteen thousand one fifty seven yield on the ten year this morning back down really to one point. Seven two down from one point. Seven seven that fourteen month high yesterday and the day before west texas intermediate sixty dollars and seventeen cents a barrel. Now if you have not received your third stimulus check the. irs says. Don't worry you don't need to do anything except wait more or less. Yeah just you.
The Stuttering John Podcast
"31st" Discussed on The Stuttering John Podcast
"You're so young and so much different than I did three sixteen and I think I'm going to find there you go. Yeah, the version of me and Jason Charles Miller doing that and took his rooftop sessions. I was one of the first times I met Jason in my life. He just knew I was a kiss fan and said, hey, I do this rooftop singing thing you have any interest and I was like any we're both kisses. Let's do Kiss songs do it man home. So yeah, they'll do it. It's Ruth Gordon, right? Well, they killed my mama drove my daddy Stone belakang. And you go to church tomorrow you to roll in the club. Throw me in the club. That's Ruth Gordon everyone from long way. You can still good. I was just going to end the show. Was there anything to sign up? Yes. No, just you know, you know, if you're a if you're on a tree on you can pick other people that you can support So if you're if you got you know, a $5 extra Patron to throw to John every month, you know, you can do it annually now, which is fat loss of fascinating to me. So in one Fell Swoop, you can become a patron for the year at whatever level so and it's cheaper because patreon doesn't take their direct cut. We don't get it off but they shave off some that goes back to you. So instead of you know, it's I you know, $5 a month instead of it being 60 is 54 55 or whatever with them. Check it out. Yeah. Yeah, and so, you know that the fee that they charge us so that that's one of the ways to do it and so people become a patreon supporter. So patreon.com Sparks or patreon.com Stuttering John which I by the way when I set it up I helped him set it up. I was there present and I was like I put in my name like no you put in Stuttering John. That's your show. That's your brand. That's what you write. Like don't confuse people. I mean honestly, so thank you. Yes. See Robert Myers is a patreon to both of us for lunch only that you know, he came to my comedy shows and great cat. He's a great night how this thing this thing that I bought you know, this is the adapter for the MacBook Pro off when I plug in the direct, you know Wi-Fi thing, you know, you know, I want to if your ethernet cable Yes, so when I plug that in to this doesn't work, it only works when I plugged directly into the computer. Why? What do you mean if you plug directly into the computer in other words I plugged and you had your doubling up on the once? Yeah, because I have the microphone know. I have the power cord and I have the internet so I have to you know, and the and the microphones USB so I need that adapter off but right right plug that you know, the ethernet thing into that adapter. It doesn't matter. This is the closest you'll get to ever see the private conversations that John and I have this is what it's like every time we talked. So here's the problem. You can't Layer Two adapters on top of each other. That's an adapter and then you've got another adapter going into their what you need is a breakout box that has an Ethernet cable and other ports on a it's bigger the there's specifically one that I use it's a little this this was a patreon purchase because the guys help me hold 1 second. I'll run and get it and I'll show you what it is. All right. Hang out house Parts is going to give me some technical advice. I still don't understand what he means by cuz it's only one adapter, but I will ask. Hi Ma. Happy New Year. And so I used this I used this on my laptop as the break out for it. Right? So I had it in the other room cuz I was setting up for tonight, So this is Cal digit breakout box. And this is what it looks like on the back. So this goes into your see the there's one this one right here. It has the little like lightning bolt shaped to it. That's because that works as power. So that goes out to your computer, right or you know, either one of these will technically work but there you go. So and then you got four of the regular USB outs on it, right and then you've got ethernet right here, right? And then you got to DisplayPort and then Optical out if you want something like that and on the front of it it has a mic off. A regular microphone or like dual in headphones another USB C another regular USB 3.0 and then this this what I use for footage off on stuff when I'm filming for sexy liberal, right? Is this is this is not two adapters. I'm just plugging the one thing into this and then that because that I'll tell you why cuz that is not a that that is a job in u.s. That's not a USB C adapter. That's a USB C shaped 3.0 adapter. It's I know it seems like splitting hairs, but they're the kind that have power and they're the kind that don't and the ones that when you're using it to charge shit or you're running the you know, the power through the you need a powered one to do all that stuff at once. So so how much you pay for that thing. This was like three hundred bucks. It's a real deal though. It's I mean and it like I said, it runs off of its own.
The Stuttering John Podcast
"31st" Discussed on The Stuttering John Podcast
"Welcome to the world famous stuttering John podcast on this New Year's Eve. I'm wearing my Midas Touch shirt voted off. I hate which we did. Although it's still exists in the Republican party and not talking about William Frawley. I am talking tom, Josh. Whatever the what is it, Josh Harley, whatever. This dude's name Harley Josh Hawley. What a freaking pool and I can't wait to be dead. My guess but I I see his weight and I just want to cover a few things before I bring I had John fugelsang on on on Tuesday. And then today we're going to book I did with the other smartest man on the planet House Park. So it's it's it's a comedian intelligence book and to the year-end podcast home. And but before we Josh F and Harley, let me just say hi to everybody in the room Robert Myers. You got me jealous today with the Yankee sandwich saw a corned beef pastrami. So it looked good spicy mustard just I wouldn't have the Swiss cheese. Tony macaroni stage dog. Cat Union. Goon dog. Hello from Vermont. Who else John hamre. Happy New Year to you guys as well cat mark p with the badge Robert Myers with the bed. Jenny divert. Oh God. Hi. I lost my job yesterday. Anyone anybody have any words of wisdom. It'll get better Jenny. Don't worry going to get better at now that we got a sane person in the White House Mark Harley. Thank you so much. Hello. Everyone. This show has been been one of the very few high points of twenty-twenty. I really do appreciate that Diane Marshall see Johnston got a lot of new people in here already. I love it. Gillian New York City. 212 Sally Bieber Nicki be George M. Nikki be with the best Eric W fudgsicle. 2008-2018. Anybody checked your PayPal again John. Thank you, man. You really suck been incredibly generous. My mom is here alone. Mom. Happy New Year, and there's my link to donate and you could also donate through patreon patronage. Dot-com slash Stuttering John. Of course, I'll thank house parts for getting me hooked up with patreon. How much do I owe this man already Jesus anyway off before I get the hell. I just want to read you one thing and this made my day now, unfortunately Facebook, I'm not that hip when it comes to Facebook and I didn't get it on messenger until I finally figured out how to open all the messages. The sad part is one of them was from 2018 from Good Morning America. They wanted me on this show after I prank Donald Trump and Jared Kushner and I missed it. One of The Producers emailed me John. We'd love to have you on Good Morning America, and I'm freaking missed it because it was on Facebook. I'm just going to say there's a shout out to my new buddy Colin Porter. I'm going to read this and this Jenny this along You some uplifting stuff it made my day. It was sent April 4th 2019. There is the text John. Thank you so much for being you. I was a private in the Army When I Was Eighteen and I first heard you I stutter it was horrible for me throughout my youth was around nineteen eighty-eight eighty-nine. And I heard you you were my hero. I've always held a special place in my heart for your courage. You changed my world really you made it funny. I pretended to be you pretending your courage and it worked then I got my own I seen in my own little world by just not caring about my slight annoying stutter it all changed people found courage in me. I had children they found me Brave I'm lost as to how to conveyed my admiration for you off with the stutter with leaving the Stern Show. You now thank you John. Seriously you now he meant thank you John. Seriously. Thank you for putting yourself out there. Maybe it was a good phone goes on Stern but in a Barrack room for a soldier it was changing a young man's entire life. God bless your buddy. Now that made my day. I mean, you know cuz you never know what lives life touching out there and you know, you know, you know when you're on the air, okay now I'm going to bring on my buddy. I turn the heat on and now I'm freaking I run hot. I got Danish blood, you know flowing through my veins. So, you know, I have to turn the fan on and I I know I have the heat on 64 and I'm still sweating my ass of why how how will be very proud because I pumped some Ian this morning and then I took a hot shower and that's probably why so hey a survey it's a virus. So here we go. The great house Sparks. Welcome to the show. How how are you? I'm I'm I'm I'm excited to be saying goodbye to this year with you. I I'm going to like tonight. I plan on streaming through midnight, you know and just kind of bringing out online with everybody that comes to my show to just kind of wave goodbye to it. And as though like in most years what people do is like a look back on the year, we do a year in retrospect. I have no fucking interest in doing that. I've been like as they come up on T. I'm like, yeah. I know. I was home watching it on television, or I'm dead. To go out into the world wearing a mask. I know like all the you know, when you know when they play like in memoriam on the Oscars and stuff and you're like, oh I didn't know. I know we all know we all got to sit right there hear the news at the same time. Everybody else did of every awful thing that happened all goddamn year twenty-twenty and retrospectives. I'll do an I love the you know, the 2019 s or some shit in five years after I have some laughing distance from it, but goodbye. Oh, yeah. Oh, yeah. Damn no, no, no, no, no, no, no, no, no,.
The Stuttering John Podcast
"31st" Discussed on The Stuttering John Podcast
"Off off off off off. Off off off off off off. Off off off off off. Mujhe. Ye Khao, baby..