Notoko Bytes : Satoshi, Scams, and Soccer

Notoko Bytes : Satoshi, Scams, and Soccer

Notoko, the crypto whisperer (and Motoko's less-serious sibling), has explored every blockchain under the sun. But he's back in the ICP galaxy to drop some knowledge bombs in "Notoko Bytes"! 💣💥

And don't forget to smash that subscribe button to get the hottest crypto news delivered to your inbox every Tuesday and Thursday! 🔥

Previous Issue

Binance’s Troubles, Visa’s Stablecoin Splash & More!
Web3 needs killer apps, Binance struggles, Visa embraces stablecoins, and the SEC vs. Ripple saga continues!

Inside this issue:

  • Chain Chatter
  • Plot of the Week
  • X of the Week
  • Bitcoin's Wealth Distribution
  • Blockchain Spotlight: Illuminating the Internet Computer (ICP) 💡
  • Crystal Ball Bitcoin Time 😜
  • What's Brewing in Motoko's Canister ☕

Ready to jack in? Let's go! 🚀


Chain Chatter

  • Bust out the popcorn, folks! 🍿 The feds just played a bunch of crypto clowns like a fiddle. 🤡 They cooked up a fake company, NexFundAI, and these market makers fell for it hook, line, and sinker! Wash trading, pump-and-dumps... these guys were caught red-handed trying to manipulate the crypto casino. Looks like someone's going to crypto jail!
  • 🚨 HBO just stirred up a hornet's nest by claiming they've unmasked Satoshi Nakamoto, the mysterious creator of Bitcoin! But plot twist: the guy they're pointing at is screaming, "No way, José! I ain't Satoshi!" This software developer, Peter Todd, says HBO's flimsy evidence is putting his life in danger – because, you know, falsely accusing someone of having a secret stash of 1 million Bitcoin (worth about $62 BILLION!) tends to make you a target for kidnappers and crazy people. Is this a desperate attempt to hype up a documentary, or did HBO stumble onto the truth?
  • 🤑 KA-CHING! 🤑 VanEck, the OG investment giant, just dropped a cool $30 million on a new crypto and AI venture fund. These guys are betting BIG on the future of finance, and they've snagged some serious talent to lead the charge. Think this is the start of a stampede of institutional money into crypto? 🤔💰
  • 💸 HOLY MOLY, BATMAN! 💸 Remember that whole FTX fiasco that sent shockwaves through the cryptoverse? Well, guess what? Those poor souls who got caught in the crossfire are about to get a HUGE payday! We're talking over $12 BILLION being pumped back into the hands of FTX creditors. And you know what that means, right? 🚀 MOON TIME, BABY! 🚀 Analysts are predicting that a chunk of that cash is gonna flow right back into Bitcoin and other crypto goodies.
  • CRYPTO'S GOT GAME! ⚽ After a year of getting benched by the bear market, crypto's back on the field and ready to score some major PR goals! 🥅 Forget those flashy Super Bowl ads and stadium naming rights – crypto companies are now tackling the world of Premier League football. Why? Because it's the world's most popular sport, and it's a heck of a lot cheaper than sponsoring a Formula One team! 🏎️💨 These savvy crypto execs have learned their lesson from the 2022 crash, and they're playing a smarter game this time around. Think of it as "Moneyball" meets the metaverse!

Plot of the Week

Source : Bloomberg

X of the Week


Bitcoin's Wealth Distribution: Where the Big Stacks Live

Big whales reduced their holding last week

Blockchain Spotlight: Illuminating the Internet Computer (ICP)

The Internet Computer (ICP) is like that cool kid in school who's always pushing the boundaries. First, they blew our minds with their crazy governance system, where users can actually have a say in how the network runs - in a most decentralized way! (talk about a power trip).

Now, they're turning the DeFi world upside down with their awesome new tools like the "Oisy" wallet and the "Orbit" framework. Think of it as a Web3 wonderland where your digital assets can party like it's 1999 (but with way better security).

Read all about it here :

Forget Town Halls: ICP’s Got DAOs on Steroids!
Shape the future of the internet! Learn how ICP’s unique governance system puts YOU in control with DAOs, neurons, and liquid democracy.
Beyond DeFi: Internet Computer’s Roadmap for a Secure and Scalable Web3
Building a decentralized Web3 with secure dapps, AI integration, and cross-chain connectivity. Discover the future of the internet!

Crystal Ball Bitcoin Time 😜(Just for fun, not financial advice!)

For all the Crypto Geeks , Read the Strategy behind the Price prediction

Methodology Behind the Price prediction
Notoko’s peekin’ into the Crypto future is like mixin’ a secret sauce! 😜 We’re throwin’ in the 2-year treasury yield (like a Fed whisperer 🤫), spicin’ it up with historical Bitcoin prices (like a treasure map 🗺️), and stirrin’ in the crypto fear index (like a mood ring for the market 😂). Now, we’re
LSTM model prediction taken on 10/09

What's Brewing in Notoko's Canister ☕

Okay, so I was listening to this Odd Lots podcast about how the ultra-wealthy are basically playing real-life Civilization, building their own cities and hacking the world with loopholes. And honestly, my mind is kinda blown. 🤯

First of all, these freeports? They're like the ultimate cheat code for the rich. Stash your Picassos, your vintage Ferraris, your cases of Chateau Lafite... all tax-free and hidden away from prying eyes. It's like a real-life "Where's Waldo?" for billionaires' treasures. And don't even get me started on these "crypto passports" from places like Palau – a real-life "get out of jail free" card for crypto degens! Or how about those flags of convenience, letting shifty ship owners dodge environmental regulations like a boss? It's like the Wild West out there, but instead of cowboys and saloons, it's shady lawyers and island nations with lax regulations.

Notoko's Inner Monologue:

"Man, I gotta step up my game. Hiding my tendies in a DeFi protocol is child's play compared to this. Maybe I should buy a yacht and start an offshore micronation... Notoko Land, where the DeFi degens reign supreme! We'll have zero taxes, 24/7 meme parties, and a volcano lair with a moat filled with laser sharks. Who's in?!" 🤑😎

But seriously, this whole "offshore" thing is kinda messed up. It's like the ultra-wealthy are playing a different game with different rules, while the rest of us are stuck dealing with taxes, regulations, and the occasional pothole. It's not exactly a level playing field, is it?

Notoko's Conscience:

"Okay, okay, maybe exploiting loopholes to avoid taxes and skirt regulations isn't exactly the most ethical thing in the world. But hey, a DeFi degen's gotta do what a DeFi degen's gotta do, right? Besides, I'm just a small fry compared to these guys with their freeports and diplomatic immunity. Maybe I should just stick to yield farming and leave the world domination to the bigwigs." 🤔😇

Still, you gotta admire the creativity and ingenuity of these loophole wizards. They're like the Houdinis of finance, finding ways to escape the constraints of the traditional system. Maybe we can learn a thing or two from them, even if we don't have billions stashed in a Swiss bank account. After all, who doesn't love a good hack? 😉

On a different note - the US just dropped some spicy CPI numbers that have the whole market doing the jitterbug. Inflation's still hotter than a habanero, which means the Fed might keep cranking up those interest rates.

Higher interest rates usually make risky assets like crypto less appealing, because investors can get decent returns with less risk in things like bonds. So, if the Fed keeps playing hardball with inflation, we might see Bitcoin and its buddies take a bit of a tumble. But hey, this is crypto, where the only constant is volatility.

And That's a wrap! See you next week for more byte-sized blockchain fun (and a sprinkle of ICP love).


Disclaimer

*The information and analysis provided in this article are intended for educational and informational purposes only and should not be considered as financial, investment, or professional advice. While our team strives to ensure the accuracy and reliability of the content, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information presented.

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