BC CRYPTO
Saved by @Alex1Powell

A personal update: Monday was my last day at Business Standard and I can truly count the past 3 years as the golden phase of my career, where I got the opportunity to not only report but also break some of the biggest news stories during this period.

 From January, I will be writing for the @BloombergQuint.

Even though I will miss the adrenaline rush of finding my byline in the paper every morning, I am really excited about starting a new journey with a digital platform.
In this thread, I am sharing some of the work that I did at @bsindia, which is close to my heart.
I wrote a series of stories with @dilasha on how the cryptocurrency players in India are surviving in a hostile regulatory climate.

https://t.co/NJAcIwAgmC
In Feb 2018, I exposed how the government secretly commissioned a survey to two independent economists, giving them unauthorised access to private data of citizens only to establish ‘robust’ job creation.

https://t.co/JmN7VjQxkC
State-owned PNB was hit by the country's biggest banking fraud.

This letter written by the finance ministry to the RBI became the first point of friction between the govt and the regulator. (Ultimately, Urjit Patel had to step down as the RBI Guv)

https://t.co/Z4oFEDZUr8
In Apr 2018, I broke the story about a currency crunch at ATMs in at least 8 Indian states. Why did this happen? Hint: demonetisation

This was followed by extensive coverage on the issue (the govt did acknowledge publicly that there was a cash crunch).

https://t.co/KU67ulaTMO
I continued to dig into the PNB fraud & found this gem:

I reported how PNB (of all banks) didn't receive a crucial directive sent by the RBI in 2016 asking all lenders to strengthen their risk mechanism to avert fraud.

The story about a missing e-mail

https://t.co/My6Ll42Bp0
The RBI vs government tussle was heating up. I wrote a series of stories on the friction points:

https://t.co/IREwm8LeOU

https://t.co/3801yfOJRg

https://t.co/BYCVe5kcpq

https://t.co/O3jIuI0dpM

https://t.co/YXDTiarSFh

https://t.co/JCcyzd75gD
In September 2018, I reported how the government has found over 60% of the money deposited in 37 million Jan-Dhan accounts in the weeks following the note ban announcement in 2016 as “suspicious”

https://t.co/gwsYVOQnle
Politics of data was a project I took up in the past 3 years. The following stories aptly throw light on an ever-important issue:
A day before leaving office as NITI Aayog vice-chairman in 2017, Arvind Panagariya submitted the final report of the task force he chaired for recommending improvements in jobs data. The final report never saw the light of the day. Here are the details:

https://t.co/FyagN0UMrY
An official survey on jobs conducted in 2016-17 by the Labour Bureau (part of the labour and employment ministry) was never made public. Here are the findings of the report (this survey has been officially junked since then):

https://t.co/4A2uw3gppj
The biggest scoop of my career (yet). The unemployment rate rose to a 45-yr-high, a year before India went into elections. Shockingly, the Modi govt didn't officially release the findings of the report until it came back to power in the 2019 elections.

https://t.co/FBcV5VTggg
Some important analysis from the hidden report in the run up to the national elections:

https://t.co/NZGwD4EUpI

https://t.co/9YsxMzBlqr

https://t.co/qMluVa4rLP
Of course, the government initiated an inquiry to find out my sources but it was to no avail :)

https://t.co/GLfNOlEhv0
Months later, I brought out the findings of another hidden survey report that showed consumer spending falling for the first time in over four decades.

https://t.co/zejgxPn4MI
The data hasn't been made public till date as the government decided to scrap the survey report the day we published the results.

More in this thread:

https://t.co/5Kur6wiMyf
I also did some ground reporting during the 2019 national elections:

https://t.co/ibihPxveAS

https://t.co/6FUJaLAwHv

https://t.co/fNh0ltutDe
I added on to @nit_set's stellar investigative work on electoral bonds to report how the finance ministry knew that there was a hidden serial number which could reveal the donor's identity

https://t.co/tX2sCof3Ki
Last winter, I covered the anti-CAA protests. I went to the protest sites across Delhi almost everyday and wrote on the many voices leading the protests

https://t.co/TFMEXfArWD
I visited the riot-affected areas in Delhi with @ari_maj to bring out the horror stories of alienation, distrust and exodus that loomed in parts of the national capital early this year (the most difficult reporting assignment till date for me)

https://t.co/0xbfbf4qmI
Then of course, there was a (COVID-19) lockdown.

I went to the ground to cover the plight of migrants:

https://t.co/6XSOHu5TDa

https://t.co/wIym1nCfbH

https://t.co/cEA9TmcWaB

https://t.co/Dshk24AcZG

https://t.co/YYY6N284aV

https://t.co/rNMyZpedLj
Many states swung into action to do away with labour laws this year. Here's an extensive coverage:

https://t.co/1NyDcish0A

https://t.co/EGH3qvWJVZ

https://t.co/IPapM0bzog

https://t.co/kv252xNHwE

https://t.co/m6QCiNEEYK

https://t.co/j3AkQ7ihHY

https://t.co/Bn7Kn0W02V
I wrote extensively on the labour law changes and its impact....

https://t.co/LaGJPOQ3pC

https://t.co/Zx2ZI1uzHJ

https://t.co/3q39YKHJqQ

https://t.co/ox3TMwbSR5

...while also highlighting the issues in the labour laws:

https://t.co/IqiVrt0ri4

https://t.co/lzzeLVL3h0
I am thankful to everyone - my present and former colleagues and editors at @bsindia, industry colleagues, readers, whistle-blowers and everyone who helped give shape and add value to my work. I look forward to your love and support as I embark on this new journey :)

More from Crypto

Daan Crypto Trades #NFT
Daan Crypto Trades #NF...
@DaanCrypto
NFT Crypto Guide 101 📚

🔹What are Non-Fungible-Tokens?
🔹What are NFTs used for?
🔹What do I expect for the NFT space in 2021?
🔹What NFTs do i hold?
🔹Where do I buy NFTs?

I will go through all of these questions.

Thread below 👇

🔹What are Non-Fungible-Tokens (NFTs)?

NFTs are crypto tokens that represent something unique. They are not mutually interchangeable.

This means that one NFT is not the same as the other.

Unlike for example Bitcoin, where each satoshi is exactly the same as the other.

These NFTs exist on the Ethereum Blockchain. Instead of ERC-20 tokens, we call these NFTs: ERC-721 or ERC-1155 tokens.


Each of these NFTs have an unique ID that seperates them.

For example, The Hashmask with ID #6718 is completely different than the Hashmask with ID #9939.

Different visually as well as the ID on the blockchain.


🔹What are NFTs used for?

NFTs are used to create verifiable digital scarcity and digital ownership.

The main applications we see today are:

🔹Digital Art
🔹Collectibles
🔹Games
CRYPTO
Dan Held
Dan Held
@danheld
1/ Bitcoin: a bold new world.

Satoshi published the white paper on 10/31/2008. Right at the moment of peak despair during the 2008 financial crisis. Trust had been lost in a world that ran on trust.

2/ But why October 31st? It certainly wasn’t because Satoshi was a fan of halloween, it must have had a deeper meaning. With all of his actions, he demonstrated a careful precision.

He had been working on Bitcoin for at least a year and a half before publishing the white paper.

3/ “I believe I've worked through all those little details over the last year and a half while coding it, and there were a lot of them. The functional details are not covered in the paper, but the sourcecode is coming soon” - Satoshi Nakamoto

4/ On August 18, 2008 Satoshi registers registers https://t.co/rMWwiEwtxT through https://t.co/Uj8lMr10kB.

Satoshi was ready and waiting to hit the send button throughout 2008. What was so special about October 31st?

5/ I believe that Satoshi published the Bitcoin white paper on 10/31 as a hat tip to the ancient Gaelic festival of “Samhain” which was also the date in which Martin Luther nailed his 95 Theses to a church door. Both represent an end of the old and the beginning of the new.
CRYPTO
Advertisement
Coopahtroopa \U0001f525_\U0001f525
Coopahtroopa 🔥_🔥...
@Cooopahtroopa
2020 was a game changer for Ethereum.

The vast majority of its success was fueled by #DeFi.

Here's what happened in 5 Tweets 🔽

1) Governance Tokens 🪙

Projects gave complete ownership of billion dollar protocols to their users, often using retroactive airdrops.

Early adopters earned tokens for past usage, and token-based voting now dictates all technical


2) Liquidity Mining ⛏️

Power users were the first to earn on-going distribution by providing liquidity.

$COMP sparked the wave, with $BAL coining the term a few weeks


3) Yield Faming 🌾

Projects coupled liquidity mining and governance tokens to boost 'yields' by combining lending rates with an incentive layer.

APYs peaked as high as 1M% during 'DeFi summer', leading to a 'food coin' craze like $YAM and


4) Fair Launches ✅

Who needs investment when you can launch using yield farming?

@iearnfinance debuted $YFI with no formal funding, seeding a community treasury for self-sustainability.

The notion of a core team and community became one and the
CRYPTO
Bartek Kiepuszewski
Bartek Kiepuszewski
@bkiepuszewski
[1/13] It may be initially confusing to fully grasp how deposits and withdrawals from L1 to @optimismPBC are actually implemented, and it helps to see the on-chain action of what is happening behind the scenes.

[2/13] Initial setup (simplified): on L1 we have SyntheticBridgeToOptimism from Synthetic and OVM_L1CrossDomainManager from Optimism contracts. On L2 we have SynthetixBridgeToBase and OVM_L2_CrossDomainManager contracts.

[3/13] Additionally we have Sequencer (L2 mining node) that verifies all L2 transactions and submits them in batches to L1 for future reference and Relayer that is responsible for relaying messages from L2 —> L1

[4/13] Step 1 - Alice wants to deposit $SNX to L2. To do that she calls initiateDeposit() method on the L1 SyntheticBridgeToOptimism which takes her $SNX, puts it in the escrow and calls OVM_L1CrossDomainManager sendMessage() method.

[5/13] The CrossDomainManager puts this request to CanonicalTransactionChain (this is an “official” and “unmutable” list of all L2 transactions on L1). As a consequence the Sequencer (L2 mining node) will need to execute this transaction on L2.
CRYPTO
Jonty Wareing
Jonty Wareing
@jonty
Out of curiosity I dug into how NFT's actually reference the media you're "buying" and my eyebrows are now orbiting the moon

Short version:

The NFT token you bought either points to a URL on the internet, or an IPFS hash. In most circumstances it references an IPFS gateway on the internet run by the startup you bought the NFT from.

Oh, and that URL is not the media. That URL is a JSON metadata file

Here's an example. This artwork is by Beeple and sold via Nifty:

https://t.co/TlJKH8kAew

The NFT token is for this JSON file hosted directly on Nifty's servers:

https://t.co/GQUaCnObvX


THAT file refers to the actual media you just "bought". Which in this case is hosted via a @cloudinary CDN, served by Nifty's servers again.

So if Nifty goes bust, your token is now worthless. It refers to nothing. This can't be changed.

"But you said some use IPFS!"

Let's look at the $65m Beeple, sold by Christies. Fancy.

https://t.co/1G9nCAdetk

That NFT token refers directly to an IPFS hash (https://t.co/QUdtdgtssH). We can take that IPFS hash and fetch the JSON metadata using a public gateway:

https://t.co/CoML7psBhF
CRYPTO

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SHAKTA DHARMA AND THEIR ACHARYAS

Śhākta or Shakti or Devi pooja is not a new upasana. It is being carried out right from the time of Vedic period. Puran's tell us that Rishi Vashishth would worship Tara devi. Parshuram ji worshipped Tripura devi,


Agastya learned the secrets of Shri Vidya from Vishnu ji in Hayagriva avtaar. Bhagwan Ram, Laxman and Krishna too learned the tantrik vidya. Even Rig Ved 7.103.5 Sayan Bhasya also mentions about Śhākta/शाक्त(शाक्तस्येव शक्तिमतः).

Then we find that in the Harrappan excavations many figurines depicting Shakti were found. So in that age too, which was supposedly an urban city shakti was being worshipped. So naturally this tradition would be prevalent in rural areas too.

It is wrong to say that shakti puja originated from Bengal although it was popular there. Matsyendranath received this vidya from Maheshwari herself in Kamrup. We know that Shakti pooja is practised all over India.

Not much is known about the Śhākta saints in other parts of India in the middle ages.

Adi Shankaracharya wrote Pramanech saar named book on tantra and Anand lahri book on Devi strotras. Then there were Acharya Shankar, Bhaskar Rai, Laxman, Deshikendra, Raghav Bhatt, Krishnand,
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Vibhu Vashisth
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Do you know?

The Golden Shine on the artificial jewellery of modern times is a gift by Nagarjuna.

Now,u might be wondering,who is Nagarjuna?

Nagarjuna was the name of an ancient Indian scholar&scientist whose name is associated with the fields of Alchemy,Chemistry& Metallurgy.


He conducted a number of alchemic and Metallurgical experiments directed towards transforming base elements into Gold.
According to Eduard Sachau's Alberuni's India, Nagarjuna was termed as a Metallurgist who was born 100 yrs before Alberuni's time, who was born in 973 CE.


According to some records Nagarjuna was born in 9th century CE near Somnath,Gujarat and according to some Tibetan & Chinese sources he was born in Vidarbha,Maharashtra from where he later migrated to Deccan region.


Edward Schau quotes in his book,'They have a science similar to Alchemy and Nagarjuna is famous for this science which they call as 'Rasayana'.

Nagarjuna's book 'Rasaratnakara' is one of the earliest documented texts on Alchemy,Chemistry & Metallurgy in Sanskrit.Nagarjuna successfully discovered through his experiments the alchemy of transmutation of base metals into Gold.This was not real gold but a gold like substance.
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Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Magudeswarar Temple, Kodumudi
#Erode
#Tamilnadutemples 🚩

Situated on the banks of the river Kaveri, Magudeswarar Temple is one among Paadal Petra Shiva Sthalam. Kshetram is famous Parihara Sthala for Naga Dosham and for performing Tarpanam to the departed souls.


There are 3 sannidhi here for Paramashiva, Mahavishnu and Brahma Deva.

Sthala Puranam says that once Adisesha and Vayu Deva placed Meru parvat at the centre to decide who is stronger among them. Parvatam was held tightly by Adisesha and Vayu blew the wind to push Parvatham.


In this struggle, peak of meru  parvatham broke into 7 pieces and fell in different places as precious gems. Diamond fell at  Kodumudi as Magudeswarar. Panchamirtham abhishekam is very famous here. Vanni tree situated here is very old which contains medicinal values.


It is believed that Agasthiya Muni did Prathishta of Shiva Lingam here. As Adisesha is one of the reason for creation of the temple, this is famous Parihara Sthalam for Naga Dosham. It is believed that those who


who take a bath in the river Kaveri and worship paramashiva and mahavishnu, will be cured of diseases and will get relief from all illness.

Om Namah Shivaye
Om Namo Narayanaya
🙏🕉🙏
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