founder launches $1 million challenge to ADA community: Details
- In a recent X post, Cardano founder Charles Hoskinson has addressed the ADA community, challenging its members with hacking a Lace Paper Wallet, a new security feature of Cardano Web3 wallet Lace.
“If you can hack it; You can keep it! 1 million dollars!” reads the Cardano founder’s X post.
As stated on Lace’s website, thanks to the Paper Wallet feature, users with existing PGP keys can now back up their wallet with a single encrypted QR code. The Lace Paper Wallet Bug Bounty Program will stay open until the end of 2024 — or until someone hacks it.
BlackRock (NYSE:) ETF hits another historic milestone
- Nate Geraci, the president of ETFStore, has recently taken to the X platform to underscore the success of the BlackRock iShares Bitcoin Trust (IBIT).
- According to Geraci’s post, since IBIT’s launch in January 2024, it has recorded only one day of outflow.
“This is exactly what ‘no demand’ looks like,” Geraci added ironically.
Last week, Geraci wrote on his X handle that BlackRock’s IBIT, Fidelity’s FBTC, Ark Invest’s ARKB and Bitwise’s BITB are the top four spot Bitcoin ETFs launched in 2024.
“Rich Dad Poor Dad” author Kiyosaki warns to move your money to Bitcoin
- “Rich Dad Poor Dad” author Robert Kiyosaki continues to support Bitcoin, the largest crypto, as a crucial component of a diversified investment plan.
In his X post from Aug. 18, Kiyosaki reminded his followers of how important it is to invest in assets outside the traditional financial system as a way to be prepared for economic uncertainty.