Welcome to our latest newsletter! Today, we will be discussing the decline of the once prominent Bitcoin guru, Sam Bankman-Fried. We will also delve into the latest blockchain development, which brings quilts to the blockchain. Finally, we will explore how the more Bitcoin acts like Ethereum, the less attractive it may become to investors.
Sam Bankman-Fried, aka SBF, was once one of the most celebrated entrepreneurs within the cryptocurrency sphere. However, since he was taken in for questioning by the FBI, his reign as a blockchain wunderkind quickly came to a close. Brady Dale, of the Wiley FTX, wrote a book on Sam’s downfall titled, “The Wiley FTX: A Guide to Cryptocurrency Exchange Trading.” The book outlines the various aspects of cryptocurrency trading, such as the difference between traditional stock trading and cryptocurrency trading.
The crypto world has also seen the introduction of quilts to the blockchain. In collaboration between Quilt & Co and the Ethereum Foundation, quilts are now being documented and stored on the Ethereum blockchain. This technology is revolutionary for the quilting industry, as it allows for consumers to track the provenance of quilts and prevents counterfeiting. Moreover, quilters can develop digital portfolios of their work and keep track of their newest creations.
Finally, the more that Bitcoin acts like Ethereum, the less attractive it may become to investors. Bitcoin and Ethereum both run on blockchain technology, but they are built for different purposes. Ethereum is an open-sourced platform for building decentralized applications, contracts and more. Bitcoin, on the other hand, is a digital currency designed to act as a store of value. Investors may be less likely to invest in Bitcoin if it starts to resemble Ethereum.
- Hitting the Books: The abrupt and ignoble downfall of Sam Bankman-Fried
- The latest celebration of craft and code brings quilts to the blockchain
- The More Bitcoin Acts Like Ethereum, the Less Investors Should Like It
We hope you found this newsletter informative and interesting! Be sure to share your thoughts with us on Twitter: #Cryptocurrency #Blockchain #Ethereum.For those who want to buy crypto here links to Binance and Uphold.
Thank you for taking the time to read this newsletter and we hope to see you again soon!
The Newsletter Team