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POLICE FINALLY APPREHEND 50,000 BITCOIN SILK ROAD THIEF

In the early days after the introduction of Bitcoin by Satoshi Nakamoto, Silk Road took the crypto spotlight that brought a rise in these illegal activities, among them the 50,000 Bitcoin black market heist.

Silk Road facilitated anonymous and illegal transactions from all over the globe, including counterfeit documents and drug sales.

Ross Ulbricht served as Silk Road’s founder, while investigative reports point to James Zhong as the criminal mastermind behind the heist.

Zhong was convicted and is now serving a 1-year sentence at the Alabama Montgomery federal prison camp, and US authorities have decided to sell the assets.

The Bitcoin use in Silk Road opened up the crypto industry to regulatory fights that tie digital assets with illegal activities such as funding wars, terrorism, and drug trade. The crypto market is full of risks, and among them are cybercrimes and fraud cases. Since their inception, the digital world has grown, and this has brought a rise in these illicit activities, among them being Silk Road’s 50,000 Bitcoin heist.

The notorious black market was once a hub of illegal services and products and used cryptocurrencies as a mode of payment. However, the platform fell into disarray after its shutdown in 2013 following the apprehension of its founder, Ross Ulbricht.

Regardless of the market ceasing to exist, the major question being asked is the unsolved 50,000 BTC missing from the platform’s escrow account. After years of critical investigation, law enforcement agencies have finally managed to apprehend the individual responsible for the heist.

Bitcoin and the Silk Road theft
Back in 2012, Silk Road was at its zenith as it facilitated anonymous transactions from all over the globe in a range of illegal activities. This included counterfeit documents and drug sales. The center of the operation was an escrow account containing 50,000 Bitcoin, which was used in securing transactions between the buyers and sellers.

This fortune was made in digital currency, and it became a target for hackers with nefarious intentions. With the current Bitcoin prices, the coins are worth approximately $1.5 billion.

According to reports, the heist took place in several stages as the perpetrator, tagged with the pseudonym “RedLace,” gained access to the Silk Road’s administrator’s account. The breach allowed them to manipulate its internal system, and this gave access to the coveted Bitcoins.

According to reports, James Zhong was the criminal mastermind behind the heist and was apprehended 2 years after the attack on Silk Road’s dark web supermarket. Zhong was a computer expert living a luxurious life. Back on March 13, 2019, Zhong called the police on a breaking incident that lost him 150 BTC worth $600,000 at the time.

James Zhong’s arrests
Zhong told the dispatcher, “I’m having a panic attack,” but turned down the offer of an ambulance. He tried to explain his situation, stating, “I’m an investor in Bitcoin, which is like an online thing.” The next flow of events led to his capture and the near end of a long manhunt trying to solve one of the biggest crypto heists of all time.

Being their first crypto case, the police were unfamiliar with the matter, and Zhong sought professional help from private investigator Robin Martineli. Agents from the Internet Revenue Service Criminal Investigation unit were still on the 2012 Silk Road theft.

Additionally, Chainalysis, a Blockchain analytics company, discovered a transfer mistake Zhong made, and this led to the discovery of his involvement in the Silk Road’s BTC heist.

According to CNBC, Zhong transferred crypto worth $800 in accordance with the established banking rules, including the know your customer process. This required the real names and addresses of account holders. The account was registered to Jimmy Zhong. The transaction took place in late September 2019, six months after his call to 911 about his house break-in.

Zhong’s investigation was covered by the Athens-Clarke County Police Department and IRS. The investigation proceedings led to the acquisition of enough evidence that led to his arrest.

Zhong opened up to the agents behind the investigation and it was at this time they found $60 million to $70 million worth of BTC that led them to believe his involvement in the Silk Road’s theft. His defense was that he had gotten into Bitcoin during its early launch stages and accumulated his wealth.

This was untrue. Days later, officers raided his house and found a popcorn tin that hid a computer holding BTC worth millions, including other precious metals and physical Bitcoin.

Zhong was convicted and is now serving a 1-year sentence at the Alabama Montgomery federal prison camp. Since the owners haven’t claimed the assets, the US authorities have decided to sell the assets.

https://www.cryptopolitan.com/police-catch-50000-bitcoin-silk-road-thief/

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⚠️ Vietnam has closed 86 million bank accounts...

"Vietnam has closed 86 million bank accounts... because they refused... the digital ID."

"You had to register a digital ID with biometric data... And if you don't do it, we'll take your money, whether you like it or not."

"It's coming here. They're pushing for digital IDs."

"We had it during Covid. Oh, just get one vaccination and you'll be fine. And then they took away your permissions... and said, no, actually, you need another one. And then another one."

"The more we give away our freedom, our power, the more they'll take."

"We are on the edge of a cliff... We have to show that we are not going to allow this or accept this. Because if we all stopped going to work, or we all stopped using our cards, they'd... listen to us rather quickly."

"And that's a choice we still have at the moment. If cash disappears, that choice is gone forever."

"And I wouldn't like to think of the world where we are controlled—where we can drive, where we can fly, what food we can eat—and the bank can choose ...

00:03:23
It's All About The Bloodlines Retaining Control 👁 THEY Are Targeting The Children

Chelsea Clinton has launched a new podcast aimed at “debunking misinformation” on health topics like vaccines and fluoride, featuring a lineup of so-called experts.

The show, That Can’t Be True!, will cover topics like childhood vaccines, fluoride, and raw milk, with Clinton and guests aiming to dismiss “misleading” claims.

Clinton has previously admitted to working with the World Health Organization and the Gates Foundation on a massive childhood immunization campaign 👉 to catch as many kids up as possible. 👩‍👧‍👧

00:02:26
Built On Stellar XLM 💎 😉

Blockchain adoption demands both privacy and transparency. Stellar is built for both.

@tomerweller, SDF's Chief Product Officer, shares the path to privacy on Stellar:

Dont underestimate Stellar..
This is financial advice. 💎

00:01:01
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
The Pyth Networks Booth At Suifest 🚀
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🚨 RIPPLE PARTNERS WITH UC BERKELEY TO LAUNCH DIGITAL ASSETS CENTER 🚨

Ripple has partnered with the University of California, Berkeley’s College of Engineering to establish a new Center for Digital Assets (CDA), backed by $1.3 million in funding denominated in Ripple’s USD-backed stablecoin, $RLUSD. The center aims to advance pioneering research at the intersection of blockchain technology and digital twin innovations to revolutionize how physical assets are captured, valued, and exchanged in the digital realm.

🔑 Key Points:

🔹 Funding & Mission: Ripple’s $1.3 million $RLUSD donation funds collaborative research designed to develop trusted methods for defining and measuring digital asset value—spanning blockchain-based assets such as NFTs, cryptocurrencies, and tokenized real-world assets, including digital replicas of physical items (digital twins).

🔹 Partnership & Impact: The center combines UC Berkeley’s academic expertise with Ripple’s technical resources, building on a ...

Never Forget... 💉 ⚕️ 🩸 🐍

🚨STUDY: "Millions Saved" COVID Shot Myth OBLITERATED

Peer-reviewed analysis exposes how the vaccine cartel propped up its fraudulent talking point — “millions of lives saved” — with computer models, false assumptions, and censorship ⬇️

Step 1 — The Modeling Scam:
“Millions saved” came from computer models, not real data. Watson (Lancet), Meslé (Eurosurveillance), and a Commonwealth Fund blog stacked assumptions, ignored natural immunity, and excluded harms. Political projections, not science.

Step 2 — The ‘Stop the Spread’ Lie:
Those models only worked because they assumed shots blocked infection chains. But COVID shots never prevented infection or transmission. Breakthroughs appeared within weeks, and by 2022 the boosted were driving waves. Core input = false.

Step 3 — Zero Proof of Deaths Prevented:
When transmission collapsed, the cartel claimed shots still prevented millions of deaths. Yet RCTs showed no mortality benefit (Pfizer: 15 vs. 14 deaths), observational ...

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

Source

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💳 PayPal: 
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XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are EternlTyphonVesprYoroiLaceADAliteNuFiDaedalusGeroLodeWalletCoin WalletADAWalletAtomicGem WalletTrust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

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💳 PayPal: 
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XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
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XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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