BTC Daily Intelligence Bulletin (DIB) Block: 858,959 DTG/ICOD: 1200Z 29Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Hong Kong Journalists Jailed / Durov Released on Bail, Faces Charges / Hostage Rescued in Gaza / Venezuelan Gangs on Video With Firearms in Colorado / FBI Releases New Pics in Trump Shooting / New Video of Pelosi After Jan 6 / Binance Under Fire for Seizing Palestinian Funds / BIS Warns Banks on Bitcoin / CISA Warns on Iranian Hacking / SpaceX Grounded by FAA / New AI Model on a Blockchain / Coinbase Exchange Now Using AI Market Data: Price: 1 BTC= $60,247, 24.85 oz Gold, .14 Median US House 24hr Hi: $60,174 / Lo: $57,890 Vol: $34B (Down 21%) Mkt Cap: $1.19T (Even) HashRate: 613 EH/s Avg Fee Rate: 5 sats/vBtye (Up 18%) Nodes: 19,394 ---Reports--- -International Events- 1. HK journalists found guilty in landmark sedition case: Two journalists who led a pro-democracy newspaper in Hong Kong have been found guilty of sedition. Chung Pui-kuen and Patrick Lam, two editors at the now-defunct Stand News media outlet, could now face a maximum jail term of two years. This is the first sedition case against journalists in Hong Kong since the territory's handover from Britain to China in 1997. Stand News was among the last openly pro-democratic publications until its closure in December 2021, when more than 200 police officers were sent to raid the publication's office. (BBC) (AC-"Freedom of the Press" is not common worldwide.) 2. Telegram founder Pavel Durov released from police custody to face questioning after arrest in France: The French magistrate issued six preliminary criminal charges against Durov for allegedly allowing criminal activity on the app, and the tech executive — who posted bail of €5 million to avoid jail — is not permitted to leave France. He will also remain under judicial supervision and be required to check in with police twice weekly. (NYPost/RollingStone) 3. Rescued hostage in Gaza said kept in total darkness during captivity, showered once a month: 52-year-old Bedouin father of 11 Farhan al-Qadi was left alone two weeks ago after captors heard IDF drills; tunnel was rigged with explosives to prevent him escaping. (TImesOfIsrael) -US Events- 1. Alleged Video Of Armed Venezuelan Gang Taking Over A Colorado Apartment Surfaces: A video allegedly showing a Venezuelan gang, Tren de Aragua, taking over an apartment complex in Aurora, Colorado has surfaced on social media, sparking concerns over sanctuary policies. The Denver Police Department said in a statement Wednesday that it was “not aware” of any Denver apartment buildings being taken over by the Venezuelan gang Tren de Aragua. (TimesNow/Fox31) (AC-There is conflicting reports on this issue, but the video still seems to exist showing what appears to be gang members going door-to-door with weapons.) 2. FBI releases photos from Trump rally shooting including improvised explosives and gun: An FBI update on the shooting at a Trump rally included new photographs of a gun and backpack recovered in the investigation, as well as improvised explosive devices found in the car belonging to suspect Thomas Crooks. The agency also told reporters Wednesday that investigators still had not determined a motive for the Trump shooting. (TheBlaze) 3. Pelosi calls Trump 'domestic enemy' in new Jan 6 footage: In the hours after Donald Trump's supporters breached the US Capitol on 6 January 2021, Nancy Pelosi, the then-Democratic House Speaker, referred to the then-president as a "domestic enemy", according to newly released video. "I just feel sick what he did to the Capitol and to the country today," she said in the back of an SUV in the early hours of 7 January. "He's going to pay a price for that." (BBC) 4. Supreme Court Rejects Biden Administration's Request To Revive Student Loan Debt Relief Plan: The policy, known as the Saving on a Valuable Education (SAVE) plan, was finalized by the Education Department in July 2023. It came just a month after the Supreme Court ruled that the administration did not have the authority to implement President Joe Biden's earlier student loan forgiveness program. (IBTimes) -Regulatory and Legal- 1. Did Binance Seize 'All' Palestinian Assets Upon Israeli Army's Request?: When asked by Cointelegraph to confirm or deny the reports, Binance said "there have been some incorrect statements" around the issue. "Only a small number of user accounts, linked to illicit funds, were blocked from transacting," the crypto exchange titan said. A spokesperson said Binance complies with "internationally accepted sanctions legislation, just like any other financial institution." Meanwhile, a Boycot Binance effort has taken off on social media and is announcing at least $2.6B of Bitcoin have been taken off Binance in the last 24 hours, which has not been confirmed. (IBTimes/X) 2. Banks Using Permissionless Blockchains Face Increased Risk of Money Laundering and Terrorism Financing, Says BIS: The Basel Committee on Banking Supervision, a part of the Bank for International Settlements, has identified multiple risks that banks face when transacting on permissionless blockchains. These risks include money laundering, terrorism financing, operations and security, governance, legal issues, settlement finality, and compliance. The committee emphasizes the need for new risk management strategies and safeguards to address these risks, as current practices are still in development and untested under stress. (Decrypt) (AC-World bank targeting 'permissionless blockchain, AKA Bitcoin.) -Central Bank Digital Currencies- NSTR -Institutional Concerns- 1. Bitcoin ETFs Experience $105.3 Million Exodus as BTC Dips 2%: Investor caution grows as Bitcoin ETFs face $105.3 million in outflows, highlighting short-term market uncertainty amid a price dip. (DailyCoin) -Economic Indicators- 1. Nasdaq 100 Futures Fall as Nvidia Disappoints: Nasdaq 100 futures dropped as much as 1.4% on Thursday as investors reacted to Nvidia’s latest earnings report. Nvidia shares tumbled about 7% in extended trading even after the AI chipmaker topped revenue and earnings expectations, as the firm’s sales outlook for the current quarter failed to excite investors. (TradingEconomics) 2. US 10-Year Yield Steadies Ahead of Key Data: The US 10-year Treasury yield steadied around 3.84% on Thursday as investors braced for key US economic data that could influence the outlook for Federal Reserve monetary policy. (TradingEconomics) -Security Incidents and Concerns- 1. U.S. Agencies Warn of Iranian Hacking Group's Ongoing Ransomware Attacks: U.S. cybersecurity and intelligence agencies have called out an Iranian hacking group for breaching multiple organizations across the country and coordinating with affiliates to deliver ransomware. Targets of the attacks include education, finance, healthcare, and defense sectors, as well as local government entities in the U.S., with intrusions also reported in Israel, Azerbaijan, and the United Arab Emirates (U.A.E.) to pilfer sensitive data. (HackerNews) -Technology and Science- 1. SpaceX's Falcon 9 grounded ahead of historic Polaris Dawn mission: The Federal Aviation Administration temporarily grounded SpaceX Falcon 9 rockets on Wednesday after a booster failed to land upright and exploded following the successful launch of Starlink satellites. (Axios) 2. Fully Onchain AI Model Deployed on Internet Computer (ICP) Blockchain: Decideai, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully onchain via the Internet Computer (ICP) blockchain. This development leverages ICP’s capabilities to support complex, compute-intensive applications, allowing Web3 developers to build, train, and improve specialized LLMs. The project aims to enhance AI training and deployment by moving away from centralized AI development practices, promoting interoperable, transparent, and secure AI systems across various blockchain ecosystems. (BitcoinCom) -Bitcoin Community- 1. Coinbase hopes AI to reduce frequency of exchange’s outages: On August 26, Coinbase announced that it has “developed and deployed a machine learning model that predicts spikes in user traffic and automatically scales databases, preventing downtime and increasing platform efficiency.” (CoinGeek) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 29/100 (Down 1 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

Bitcoin Veterans SITREP: Game Theory, Bitcoin Security and News

Fountain

Bitcoin Veterans • Bitcoin Veterans SITREP: Legal Battles, Jurisdictional Safety, and Game Theory in Bitcoin • Listen on Fountain

In this episode, we had a lively discussion covering various topics related to Bitcoin, self-custody, legal issues, and the role of the legal syste...

Bitcoin Veterans Ep 57 Coleman Payne

Fountain

Bitcoin Veterans • 057. Coleman Payne • Listen on Fountain

Coleman Payne was born and raised in Northern Canada and joined the United States Marine Corps at 17 as an 0351 Assultman. He is a husband and fath...

BTC Daily Intelligence Bulletin (DIB) Block: 858,796 DTG/ICOD: 1200Z 28Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: IDF Launches West Bank Operation / Big Typhoon Headed to Japan / Ukraine's F-16 Score First Kill / Mexico's Obrador Not Happy With US Ambassador / Indictments Re-filed Against Trump / RFK Unable to be Removed Off Some Key Ballots / Zuckerberg Admits USG Pressure to Censor / Binance CEO Says 'FUD' to Wallet Freeze / India Looks for Global CBDC Framework / Home Prices Unaffordable / Is Cyber Attack Next? / Miner Rhodium Files Bankruptcy / 30K of BTC Moved, Spooks Market Market Data: Price: 1 BTC= $60,039, 24.85 oz Gold, .14 Median US House 24hr Hi: $62,487 / Lo: $58,116 Vol: $44B (Up 53%) Mkt Cap: $1.19T (Down 4%) HashRate: 613 EH/s Avg Fee Rate: 4 sats/vBtye (Up 20%) Nodes: 19,507 ---Reports--- -International Events- 1. Israel launches a large-scale military operation in the occupied West Bank, killing 9 Palestinians: Israel has carried out near-daily raids across the West Bank since Hamas’ Oct. 7 attack out of Gaza triggered the ongoing war there. Lt. Col. Nadav Shoshani, an Israeli military spokesman, said that “large forces” had entered the volatile city of Jenin, which has long been a militant stronghold, as well as Tulkarem and the Al-Faraa refugee camp dating back to the 1948 Mideast war, all in the northern West Bank. (AP) 2. Japan issues emergency warning as powerful Typhoon Shanshan nears: Southwestern Japan braced on Wednesday for what officials say could be one of the strongest storms to ever hit the region, as some residents in the path of Typhoon Shanshan were ordered to evacuate and major firms like Toyota closed factories. (Reuters) 3. Ukraine’s F-16s Have Scored Their First Aerial Kills: Ukraine’s ex-Danish Lockheed Martin F-16s have scored their first aerial victories. According to Ukrainian president Volodymyr Zelensky, the supersonic F-16s shot down Russian cruise missiles during the Russian air raids targeting Ukrainian cities on Monday. (Forbes) 4. Judicial Reforms Strain Mexican-US Ties, Spook Investors: The reforms, under which judges would be elected by popular vote, could pose "a major risk to the functioning of Mexico's democracy, said US Amb. Salazar, while Canada has for its part said investors are worried. Salazar's remarks in particular irked Mexican President Andres Manuel Lopez Obrador, who announced Tuesday a "pause" in dialogue with the US diplomat, with whom he usually has close ties. (IBTimes) -US Events- 1. Trump re-charged in special counsel election case due to Supreme Court immunity ruling: A federal grand jury on Tuesday returned a superseding indictment charging former President Donald Trump with the same offenses that he originally faced in his criminal election interference case in Washington, D.C. The new indictment is shorter than the original but Trump still faces one count each of conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction of and attempt to obstruct an official proceeding, and conspiracy against rights. (CNBC) 2. RFK Jr. won't be able to remove himself from ballots in Michigan and Wisconsin: Election officials in the two swing states confirm that Kennedy's name will remain on their ballots despite his decision to drop out and back Trump. (NBC) -Regulatory and Legal- 1. Meta’s CEO Mark Zuckerberg Claims Government Pressure to Censor COVID-19 Content: Mark Zuckerberg, CEO of Meta, has revealed that the Biden administration allegedly "pressured" the social media giant to censor content related to COVID-19. Senior officials from the Biden administration reportedly pressured Meta for months to remove or censor certain COVID-19 content in 2021. This included not only serious discussions but also humor and satire related to the pandemic. Zuckerberg detailed these claims in a letter addressed to the Republican-led House Judiciary Committee. (TechTimes) 2. Binance CEO dismisses 'FUD' over alleged freeze of Palestinian crypto wallets: Recently, allegations have emerged that Binance has frozen the assets of Palestinian users following a request from the Israel Defense Forces (IDF). “FUD. Only a limited number of user accounts, linked to illicit funds, were blocked from transacting. There have been some incorrect statements about this,” CEO Teng stated. (CryptoBriefing) -Central Bank Digital Currencies- 1. India's central bank proposes 'plug-and-play' CBDC framework for cross-border transactions: RBI Governor Shaktikanta Das highlighted the potential for greater efficiency in cross-border transactions with the emergence of fast payment systems and central bank digital currencies (CBDCs). (CryptoBriefing) (AC-Reading between the lines, they are looking for a global solution.) -Institutional Concerns- 1. Bitcoin and Ethereum Stabilize After Sharp Drop on Tuesday: Bitcoin experienced a sudden drop of over 6% and reached a low of $58,090 during late-night European trading hours. This decline had a ripple effect on the broader cryptocurrency market, with Ethereum falling by 8.2%. (Decrypt) -Economic Indicators- 1. Home prices hit record high in June: ‘Most unaffordable housing market in history’: Years of underbuilding fueled a shortage of homes in the country, a problem that was later exacerbated by the rapid rise in mortgage rates and expensive construction materials. Sellers who locked in a record-low mortgage rate of 3% or less during the pandemic began have been reluctant to sell, limiting supply further and leaving few options for eager would-be buyers. (NYPost) 2. US Mortgage Rates Lowest since April 2023: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.44% in the week ended August 23, 2024, the lowest since April 2023. (TradingEconomics) -Security Incidents and Concerns- 1. Recent Events Prove Western Nations Are Highly Vulnerable To Cyber Calamity: With the increasing tensions between western and eastern nations the chances of a cyber attack are high, and is the next most likely global disaster. With a cyber-event there is the distinct danger of communications disruptions – No cell phones, no email, no social media, nothing. So, having knowledge in ham radio and radio communications is a must. (ZeroHedge) -Technology and Science- 1. AI model generates real-time playable DOOM with no game engine: GameNGen can simulate the classic game DOOM at over 20 frames per second, achieving visual quality comparable to the original game. (CryptoSlate) -Bitcoin Community- 1. Bitcoin miner Rhodium files for chapter 11 bankruptcy with up to $100 million in liabilities: Bitcoin mining firm Rhodium Enterprises filed for Chapter 11 bankruptcy in Texas, citing liabilities up to $100 million. The filing includes six subsidiaries and follows loan defaults totaling $54 million in July. This move allows Rhodium to reorganize debts while continuing operations. The bankruptcy reflects broader challenges in the crypto mining sector, including declining profits post-halving and increased energy costs. (CryptoBriefing) 2. Mysterious $1.88 Billion Bitcoin Transfer Stuns World's Largest Exchange: An unexpected twist emerged on-chain when, according to data from Whale Alert, 30,000 BTC, a colossal sum equivalent to $1.88 billion at current prices, was transferred to the world's largest crypto exchange, Binance. (UToday) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 30/100 (Down 18 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

BV SITREP: Shifting Political Loyalties and the Influence of Bitcoin.

Fountain

Bitcoin Veterans • Bitcoin Veterans SITREP: Shifting Political Loyalties and the Influence of Bitcoin • Listen on Fountain

In this episode, we discussed the shifting political landscape and the changing perspectives of individuals towards political parties. We highlight...

BTC Daily Intelligence Bulletin (DIB) Block: 858,632 DTG/ICOD: 1200Z 27Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Russia Slams Kiev With Missiles, UAVs / Terror Attack in Pakistan Kills 60 / Canada Announces 100% Tariff on China EVs / Chinese Military Plane Violates Japan Airspace / US Judge Halts Biden's Spousal Amnesty for Illegals / Tulsi Gabbard Endorses Trump / Binance Marks 6 Months in Nigerian Prison for Exec / Russian Looks at Stablecoins for Cross-Border Trade / UAE Investing In Digital Infrastructure / ARRL Paid $1M to Ransomware Gang / Uber Hit with $324M Fine From EU for Data Issues Market Data: Price: 1 BTC= $62,337, 24.85 oz Gold, .14 Median US House 24hr Hi: $63,973 / Lo: $62,253 Vol: $29B (Up 35%) Mkt Cap: $1.23T (Down 3%) HashRate: 490 EH/s Avg Fee Rate: 3 sats/vBtye (Down 82%) Nodes: 19,507 ---Reports--- -International Events- 1. Russia launches 'nightmare' deadly drone and missile strikes across Ukraine, Kyiv says: The strikes were among the largest such aerial attacks since the war began in 2022, with Russia using at least 127 missiles and 109 drones in an attack that lasted over eight hours, according to Ukrainian President Volodymyr Zelenskyy. Critical infrastructure, the energy sector and railroads were targeted in the attack, Zelenskyy said. The strikes followed Ukraine's Independence Day celebrations on Saturday. (ABC) 2. More than 60 killed after terrorist attacks in Pakistan's Balochistan: Separatist terrorist attacks on police stations, railway lines, and highways in Pakistan's restive province of Balochistan, coupled with retaliatory operations by security forces, killed more than 60 people, officials said on Monday. The most widespread assault by ethnic insurgents in years forms part of a decades-long effort to win secession of the resource-rich southwestern province, home to major China-led projects such as a strategic port and a gold and copper mine. (JerusalemPost) 3. Canada Hits China With 100% Tariff On Electric Cars: Prime Minister Justin Trudeau unveiled the new policy which consists of a 100% levy on electric cars and 25% on steel and aluminum. The EV tariff will take effect Oct. 1 and will also include certain hybrid passenger automobiles, trucks, buses and delivery vans. It will be added to an existing 6.1% tariff that applies to Chinese EVs, the government said in a news release. (ZeroHedge) (AC-Given Trudeau's history with China, this may event may seem surprising, yet the export-driven auto sector in Canada is hurting from the Chinese competition. The industry also backs Trudeau heavily and has been vocal in the competition failures with China. This is also a good lesson of how China will take advantage of a situation if they are given leeway.) 4. Chinese violation of airspace in Kyushu shocks, confuses Japan: Stunned Defense Ministry officials were scrambling to determine whether a Chinese military plane intentionally or mistakenly violated Japanese airspace off the Danjo Islands in Goto, Nagasaki Prefecture. The incident on the morning of Aug. 26 was the first confirmed intrusion into Japanese airspace by a Chinese intelligence-gathering military aircraft. (AsahiShimbun) -US Events- 1. Judge blocks Biden administration from granting legal status to immigrant spouses of U.S. citizens: The order by District Court Judge J. Campbell Barker effectively brings to a halt a large immigration program that opened just last week to an estimated half a million immigrants living in the U.S. without legal status. Most importantly, the program also unlocks a streamlined pathway to permanent residency and, after several years, U.S. citizenship, for eligible immigrants. Judge Barker made his order valid for 14 days but he suggested he could extend it. (CBS) 2. US Army Private King who fled to North Korea to plead guilty to 5 charges: U.S. Army Private Travis King, who last year ran into North Korea and was taken into custody there, will plead guilty to five charges, including desertion, while taking responsibility for his conduct, his lawyer said in a statement on Monday. (Reuters) 3. Tulsi Gabbard Endorses Trump: Former Rep. Tulsi Gabbard (I-HI) endorsed former President Donald Trump for president on Monday, noting that during his first term as president, he did not “start any new wars.” On X, Tulsi posted "I was a Democrat for over 20 years. Today, I endorsed Donald Trump for President." (Breitbart) -Regulatory and Legal- 1. Binance calls for US intervention as Tigran Gambaryan’s detention marks 6 months: Binance CEO Richard Teng is urging U.S. intervention as Tigran Gambaryan, an executive at the exchange, reaches six months in deteriorating conditions of Nigerian detention. (CryptoNews) -Central Bank Digital Currencies- 1. Bank of Russia Eyes Stablecoins for Cross-Border Transactions: The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing for regulatory feasibility. (BitcoinCom) -Institutional Concerns- 1. UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund: United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the growth of the digital economy. The DEI Fund will invest in a variety of projects, including power generation, data mining, blockchain, decentralized physical infrastructure, and AI. It will also support startups and software development related to these areas. (BitcoinCom) (AC-Look for the UAE to become a powerhouse in the digital world.) 2. Xapo Bank teams up with trading firm Hilbert Group to launch $200m Bitcoin fund: n an Aug. 27 press release, the Stockholm-headquartered company said that the Bitcoin-denominated hedge fund, set to launch in September, is expected to attract over $200 million in initial capital from Xapo Bank and other investors throughout 2024. The idea behind the initiative is to provide corporates, businesses, and professional investors with opportunities to “generate returns in BTC from institutional-grade structured credit arrangements, which are not available to those participants directly in the market,” (CryptoNews) 3. BlackRock and Grayscale own 2.96% of Bitcoin circulating supply amid $202 million net inflow: BlackRock’s IBIT dominates with $224.06 million inflow amid varied performance of other Bitcoin ETFs. (CryptoSlate) -Economic Indicators- 1. US Durable Goods Order Rise the Most in 4 Years: New orders for manufactured durable goods in the US surged by 9.9% from the previous month in July of 2024, making up for the downwardly revised 6.9% decline in the earlier period, the most since May 2020 and firmly above market expectations of a 5% expansion. (TradingEconomics) 2. Dollar Index Hits 13-Month Low: The dollar index fell toward 100.5 on Monday, hitting its weakest levels since July 2023 as Federal Reserve Chair Jerome Powell cemented hopes of an interest rate cut in September. (TradingEconomics) -Security Incidents and Concerns- 1. American Radio Relay League Paid $1 Million to Ransomware Gang: The attack occurred on May 15 and resulted in multiple systems within ARRL’s internal network being encrypted, including desktops, laptops, and Windows and Linux servers. Last week, the association revealed that the attackers had compromised its on-site systems and most cloud-based systems weeks before deploying file-encrypting ransomware, and that information purchased on the dark web was used for the intrusion. ARRL did not say whether any personal information was compromised in the attack. In July, however, it said that the information of 150 employees, including names, addresses, and Social Security numbers, was likely impacted. (SecurityWeek) -Technology and Science- 1. Dutch Data Watchdog Slaps Uber With $324 Million Fine Over Personal Data Sending in the US: Ride-hailing giant Uber has been slapped with a substantial fine by the Netherlands' privacy watchdog for violating the European Union's General Data Protection Regulation (GDPR). According to Reuters, the fine stems from Uber's transfer of drivers' personal data from the EU to the US. The GDPR imposes strict regulations on the transfer of personal data outside the EU, particularly to countries with less stringent privacy protections. (TechTimes) -Bitcoin Community- 1. Semler Scientific Buys More Bitcoin Amid Soaring BTC Adoption: The firm has purchased Bitcoin worth around $5 million, indicating the firm’s growing confidence in BTC. Notably, with the latest purchase, the firm’s total holdings soared past 1K BTC. (CoinGape) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 48/100 (Down 7 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

Join Bitcoin Veterans LIVE tomorrow night at 7pm ET with guest @Coleman Coleman Payne was born and raised in Northern Canada and joined the United States Marine Corps at 17 as an 0351 Assultman. He is a husband and father to 2 children, a small business owner of a dog boarding, training and grooming facility in Texas. He is an avid hunter, fisherman, and handler of one of the coolest dogs, Draco!

BV SITREP Bitcoin Vet Unplugged

Fountain

Bitcoin Veterans • Bitcoin Veterans SITREP: Bitcoin Vets Unplugged • Listen on Fountain

In today's episode, we covered a wide range of topics related to Bitcoin, technology, and current events. We discussed the stranded astronauts aboa...

Zap us or the commies win.

BTC Daily Intelligence Bulletin (DIB) Block: 858,521 DTG/ICOD: 1200Z 26Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Telegram CEO Arrested in Paris / Israel, Hezbollah Exchange Heavy Fire / Syrian National Arrested for Stabbing in Germany / RFK Jr Drops Campaign, Supports Trump / USSS Agents Put on Admin Leave / Trump Looks to Nullify Abortion Concerns / Bitcoin Miners Raided in Thailand / Wyoming Looks to Issue Stablecoin / Fed Chair Signals Rate Cut, Stocks Up, BTC Up / MacOS Malware Targets Crypto Wallets / SpaceX Chosen to Rescue Stuck Astronauts / The 'Fight You' Stage Arrives Market Data: Price: 1 BTC= $63,931, 25.29 oz Gold, .15 Median US House 24hr Hi: $64,996 / Lo: $63,356 Vol: $21B (Up 9%) Mkt Cap: $1.26T (Even) HashRate: 660 EH/s Avg Fee Rate: 13 sats/vBtye (Up 187%) Nodes: 19,566 ---Reports--- -International Events- 1. Authorities extend detention of Telegram app founder Pavel Durov after Paris arrest: French judicial authorities on Sunday extended the detention of the Russian-born founder of Telegram, Pavel Durov, after his arrest at a Paris airport over alleged offences related to the messaging app. Durov is accused of failing to take action to curb the criminal use of his platform and was stopped after arriving in Paris from Baku on his private jet on Saturday night. Durov lives in Dubai, where Telegram is based, and holds citizenship of France and the United Arab Emirates (UAE). Rumble founder and CEO Chris Pavlovski said he “departed from Europe” after French police arrested Telegram’s CEO and the country “threatened” the video-sharing site. (TheGuardian/CoinTelegraph) 2. Hezbollah and Israel exchange heavy fire as Cairo peace talks end without deal: A round of high-level talks in Cairo meant to bring about a ceasefire and hostage deal to temporarily end the 10-month Israel-Hamas war in Gaza ended on Sunday without a final agreement, a US official said. Hezbollah claimed it had hit an Israeli military intelligence site near Tel Aviv as part of a barrage of hundreds of rockets and drones, while Israel claimed its dozens of strikes had been pre-emptive to avert a larger attack. (IndependentUK) 3. German feds take over festival stabbing case, citing suspected terrorism: A 26-year-old Syrian man turned himself in after a deadly attack at a festival. Officials are investigating him on suspicion of being an Islamic State member. Federal prosecutors on Sunday identified the suspect as Issa Al H. and said he is “strongly suspected of membership in a terrorist organization abroad” — referring to the Islamic State, which claimed responsibility for the assault Saturday. (WaPo) -US Events- 1. Robert F. Kennedy Jr. Drops Out of Presidential Race, Endorses Donald Trump: “I promised the American people that I would withdraw from the race if I became a spoiler,” Kennedy said at a rally here Friday. “In my heart, I no longer believe that I have a realistic path to electoral victory in the face of this relentless, systematic censorship and media control.” On Friday, Kennedy said he would seek to remove his name from the ballot in competitive battleground states—but leave it on others, letting voters back him in solid blue or solid red states where he wouldn’t affect the outcome. In some polling, RFK had around 5% of the vote, most of which may now go to Trump. (WSJ) 2. Several Secret Service employees put on administrative duties following Trump assassination attempt: Multiple Secret Service personnel from the Pittsburgh Field Office and one member of Donald Trump’s security detail involved in the advance planning for Trump’s July 13 rally have been reassigned to administrative duties and ordered to work from home, a source familiar with the matter tells CNN. (KCCIDesMoines) 3. Trump would veto federal abortion ban, JD Vance says — as campaign tries to ‘end the culture war’ over abortion: Republican vice presidential hopeful Sen. JD Vance indicated that former President Donald Trump would vote any federal legislation to ban abortion nationwide — yet another illustration of how the 45th president is seeking to distance himself from hardliners in his party on the wedge issue. ((NYPost) -Regulatory and Legal- 1. Thailand Seizes Illegal Bitcoin Mining Facility After Rampant Power Outages: The development marks the fourth time authorities have busted an illegal Bitcoin mining operation around the same region this year. It follows a recent high-profile clampdown that led to the seizure of 650 crypto-mining devices worth over $5 million and the arrest of three individuals. -Central Bank Digital Currencies- 1. Wyoming Aims to Launch 'Dollar-Dependent' Stablecoin in Q1 2025: Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent” stablecoin to stabilize the market and bring debt onshore. (BitcoinCom) (AC-This is an interesting development given the state's support of Bitcoin and crypto in recent times. This may prove to short-circuit CBDC efforts in the US and may have the effect of giving the populace a method to adopt digital transactions on a familiar currency. It could also have the effect of being a stepping stone to a CBDC.) -Institutional Concerns- 1. Bitcoin ETFs in US Saw a Significant Increase in Daily Net Inflows After Bullish Comments From Fed: U.S.-listed spot bitcoin exchange-traded funds (ETFs) experienced a surge in daily net inflows, reaching over $252 million on Friday, the highest level since July 23. This increase in inflows can be attributed to favorable comments made at the Jackson Hole symposium, which boosted risk assets, including bitcoin. Trading volumes for these ETFs also reached their highest level since July 19, with BlackRock's IBIT leading in both trading activity and inflows. (Decrypt) 2. Hong Kong Bitcoin ETFs Reach $256 Million in Assets Under Management: Hong Kong's three spot Bitcoin exchange-traded funds (ETFs) have reached over HK$2 billion in assets under management since their launch earlier this year. The largest of the Hong Kong Bitcoin ETFs is the ChinaAMC Bitcoin ETF, with over $142 million in net assets. (Decrypt) -Economic Indicators- 1. US 10-Year Yield Holds Decline: The yield on the US 10-year Treasury note held its recent decline to below 3.8% on Monday following dovish comments from the Federal Reserve chief. (TradingEconomics) 2. US Stocks Rise On Powell’s Rate Cut Signals: Stocks in the U.S. rallied on Friday, after Fed Chair Jerome Powell signaled that interest rate cuts are imminent, reinforcing expectations that the central bank will begin easing monetary policy in September. The S&P 500 rose 1.1%, the Dow Jones gained 462 points, and the Nasdaq advanced 1.4%. (TradingEconomics) 3. US New Home Sales Soars to Over 1-Year High: Sales of new single-family houses in the United States soared by 10.6% from the previous month to a seasonally adjusted 739 thousand homes in July of 2024, well above market expectations of a 1% increase. It was the sharpest increase in sales since 2022, and the highest number of homes since May 2023. (TradingEconomics) -Security Incidents and Concerns- 1. MacOS Malware 'Cthulu Stealer' Is Draining Crypto Wallets: According to a recent Cado Security report, this malware specifically targets macOS systems. Cthulhu Stealer is distributed as an Apple disk image (DMG) file, disguising itself as legitimate software such as CleanMyMac, Grand Theft Auto IV, or Adobe GenP, according to the Cado report. Upon execution, the malware uses osascript to prompt users for their system password and MetaMask credentials. It then creates a directory in '/Users/Shared/NW' to store stolen information. The malware's primary function is to extract credentials and cryptocurrency wallets from various sources, including browser cookies, game accounts, and multiple cryptocurrency wallets. (Decrypt) -Technology and Science- 1. Elon Musk’s SpaceX to Rescue Astronauts Stranded in Space on Boeing Starliner: NASA administrator Bill Nelson announced at a press conference on Saturday that astronauts Butch Wilmore and Sunita Williams will return to Earth in February of next year on the SpaceX Crew-9 mission. Wilmore and Williams have been stranded aboard the International Space Station (ISS) since their Starliner spacecraft experienced five thruster malfunctions and five helium leaks. The astronauts blasted off from Florida on June 5, and they were initially slated to return to Earth on June 13. Boeing employees labeled the decision to have SpaceX rescue the NASA astronauts as being “shameful.” (Breitbart) -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 55/100 (Up 21 pts) Analyst Comments (AC): The arrest of Pavel Druov has shaken freedom proponents in the social media domain, causing Rumble CEO to depart Europe and many others to signal support of Durov. The most obvious next freedom tech titan is Elon Musk, who also refuses to censor his platform X as Telegram was asked to do. The war against all freedom tech, from bitcoin to social media, seems to be ramping up both in the US and abroad. This is the 'fight you' phase of any paradigmatic change, and one long expected for bitcoin. One key indicator of the highly probable success of bitcoin and freedom tech is the number of 'martyrs' being created in both spaces, and yet support continues to rally, and the effort continues to grow, revealing an 'anti-fragile' nature. Now is the time to garner support for these efforts and to teach others of the shift to come, but also prepare for the fight at our doorstep and immediately ahead. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report