Atlas Angle

11May

By Crypto GuyNo Comments

Weather, Movie Reviews

Solar Storm Strengthens, Painting Skies With Northern Lights

Solar Storm Intensifies, Casting a Spectacular Display of Northern Lights Across the Sky Authorities cautioned about the possibility of blackouts or disruptions to navigation and communication systems over the weekend, along with the likelihood of auroras appearing as far south as Southern California or Texas. A powerful eruption from the sun triggered the most intense geomagnetic storm in Earth’s atmosphere on Friday, expected to extend the visibility of the northern lights as far south as Florida and Southern California. This storm, the strongest since Halloween of 2003, has the potential to disrupt power grids, communications, and navigation systems. Its effects may persist throughout the weekend due to a continuous stream of solar emissions bombarding the planet's magnetic field. ...

11May

By Crypto GuyNo Comments

Top 10s, Movie Reviews

US consumer confidence hits six-month low over inflation and job worries.

US consumer sentiment plunges to lowest in six months due to inflation and unemployment concerns. The state of US consumer sentiment in May experienced a significant downturn, marking its lowest level in six months. This decline is attributed to a combination of factors, including concerns over persistently high inflation rates, the prospect of increasing interest rates, and apprehensions regarding potential rises in unemployment. The preliminary findings of the University of Michigan's consumer sentiment index for May revealed a notable drop to 67.4 from April's reading of 77.2. Despite this decline, the current sentiment remains approximately 14% higher compared to the same period last year. This downward trend in consumer sentiment has been a recurring pattern since the onset of th...

10May

By Crypto GuyNo Comments

Top 10s, Movie Reviews

Xi Jinping’s tour of Europe aims to ease the continent’s cautious approach towards China.

Xi Jinping leverages his European tour to mitigate the continent's efforts to reduce risks associated with China. Chinese President Xi Jinping recently concluded a significant diplomatic venture in Europe, solidifying strategic partnerships and addressing geopolitical dynamics that have implications for China's global influence. The culmination of this tour was an agreement between Xi and Hungary, marking a pivotal moment in China's efforts to strengthen ties with European nations. The tour aimed to address two primary objectives: bolstering China's presence on the European continent and countering growing European efforts to mitigate risks associated with Chinese investments and address national security concerns. Xi's visit to Hungary, the final stop on his tour, underscore...

10May

By Crypto GuyNo Comments

Top 10s

Japan confirms authenticity of viral MSDF ship video.

Japanese authorities confirm that the viral video featuring an MSDF ship is likely genuine, not fabricated. Tokyo's Defense Ministry has provided assurance regarding the authenticity of footage depicting a Japanese naval destroyer, addressing initial speculation surrounding the possibility of artificial intelligence (AI) involvement in its creation. The clip, showcasing the Izumo helicopter carrier while docked, appears devoid of overt military activities. Initially surfacing on Chinese social media platforms such as Bilibili and Douyin, the footage swiftly garnered attention, amassing approximately 187,000 views on Bilibili alone. Despite initial doubts, the Defense Ministry has confirmed the legitimacy of the video, citing key indicators such as matching vessel numbers and equipment lay...

10May

By Crypto GuyNo Comments

Top 10s

NBA buzz: Budenholzer to coach Suns post-Vogel exit

NBA rumors indicate that Mike Budenholzer is set to become the head coach of the Phoenix Suns following Frank Vogel's departure. The Phoenix Suns have embarked on a significant transitional journey, marked by the departure of Frank Vogel and the imminent arrival of Mike Budenholzer as their new head coach. This pivotal move comes in the aftermath of a tumultuous 2023-24 NBA season, during which the Suns grappled with unmet expectations and underwhelming performances. As the franchise recalibrates its trajectory, it's crucial to dissect the factors that led to this juncture, explore the potential implications of Budenholzer's appointment, and assess the broader implications for the Suns' roster dynamics, coaching philosophy, and organizational culture. In the annals of sports ...

10May

By Crypto GuyNo Comments

Technology, Top 10s

Bitcoin mining difficulty has dropped 6%, hitting its lowest point since December 2022

Bitcoin mining difficulty has dropped 6%, hitting its lowest point since December 2022. The difficulty of Bitcoin mining has reached its lowest point since December 2022. On May 9, BTC.com reported a significant 5.63% decrease in Bitcoin (BTC) mining difficulty, which lowered to 83.15 T. This adjustment reflects levels seen during the bear market phase of 2022, a period marked by several notable bankruptcies, including the collapses of Terra and FTX. Over the preceding fortnight, the average hashrate stood at 595 EH/s, down from 630 EH/s, indicating potential equipment shutdowns by miners as mining operations became unprofitable following the most recent Bitcoin halving. The next anticipated adjustment in this metric is scheduled for May 23, with a projected decrease of 0.19%. The red...

10May

By Crypto GuyNo Comments

Technology, Top 10s

Vitalik Buterin has suggested a method to enhance the capacity of Ethereum.

Vitalik Buterin has suggested a method to enhance the capacity of Ethereum. Vitalik Buterin, one of the co-founders of Ethereum, suggested the introduction of multidimensional gas pricing. In his latest essay, Buterin has proposed a revolutionary approach to address the limitations of the existing commission system within the cryptocurrency landscape. His concept revolves around the implementation of multidimensional gas pricing, aiming to reshape the fundamental dynamics governing transaction fees and resource allocation within blockchain networks, particularly focusing on Ethereum. Traditionally, blockchain networks rely on a commission-based system to incentivize network participants, known as miners or validators, to include transactions in blocks and secure the network. However...

10May

By Crypto GuyNo Comments

Technology, Top 10s

Canadian regulatory body has fined Binance $4.4 million

A Canadian regulatory body has fined Binance $4.4 million for infractions related to money laundering. FINTRAC has levied a significant penalty against the cryptocurrency platform Binance for purportedly breaching anti-money laundering rules. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) released a statement today outlining two primary breaches by Binance: failure to register as a foreign money services business and failure to report significant transactions involving virtual currency. Specifically, FINTRAC alleges that Binance neglected to report transactions exceeding $10,000 on 5,902 separate occasions between June 2021 and July 2023. According to the regulator, Binance is classified as a foreign money services business. On May 7, 2024, Binance Holdings Li...

10May

By Crypto GuyNo Comments

Top 10s

ZKasino’s $31 million worth of ETH was restored to the team’s wallet following the arrest of one of its founders.

ZKasino's $31 million worth of ETH was restored to the team's wallet following the arrest of one of its founders. After the apprehension of a suspected founder of ZKasino last week, millions in staked Ether that had been bridged previously were restored to the team's initial multi-signature wallet. On May 9, data from Etherscan revealed that the team wallet of ZKasino held approximately 10,531 staked Ether (stETH) from Lido, valued at around $31.4 million based on current market rates. This substantial amount had previously been transferred to private wallets supposedly under the control of at least one founder of the project, following observations by users regarding disabled withdrawals. According to reports from crypto.news, Binance collaborated with law enforcement agencies t...

9May

By Crypto GuyNo Comments

Technology

Sony reinforces its stance by removing Helldivers 2

Sony reinforces its stance by removing Helldivers 2 from sale in 177 countries and territories where PSN access is unavailable, while Arrowhead CEO acknowledges, "I don't have the final say." Over 211,000 negative reviews on Steam have been recorded and are still accumulating for the game formerly hailed as the people's champion of 2024. Update: Sony has recently reversed its stance on the requirement for players of Helldivers 2 to log into a PSN account. However, discussions regarding Sony's contentious mandate for PlayStation Network sign-ins in Helldivers 2 on PC persist within Arrowhead Games, the studio responsible for the game. Despite ongoing deliberations, Sony appears to be reinforcing its position by ceasing sales of the game in regions where PSN services are unavailable. ...