Hong Kong Eyes Ether ETF Staking to Outpace US

The College of Notre Dame’s athletic director Pete Bevacqua has announced their men’s swimming crew has been slapped with a suspension of on the very least one tutorial twelve months. 

Thursday’s ideal-looking out announcement detailed that the option came after a radical and documented external investigation that published the crew violated a chain of Nationwide Faculty Athletic Association (NCAA) playing principles and used to be dealing with crew culture elements. 

The Investigation’s Findings, “Contrary to the College’s Values”

In June, Bevacqua despatched a letter to the athletic division’s workforce informing them that the faculty had hired a law company to establish the swimming program after studying about the skill elements. 

In conserving with files from an nameless source with files of the self-discipline, crew members had location up an inner sportsbook the keep athletes were in a position to wager on the crew’s swimming performances to boot to other sports activities. 

More than 60% of the returning crew for the 2024-25 season (roughly 25 swimmers) is believed to agree with engaged within the wagering exercise, betting among themselves on their very agree with Mammoth Bowl and March Madness games.

Fervent athletes location up “over/beneath” lines for swimmers’ times in definite races whereas placing wagers on the outcomes. 

While the athletes had not positioned bets on opposing teams or any other Notre Dame athletic events, in keeping with the same source, the overview published “moderately a few violations of NCAA principles prohibiting playing on intercollegiate swimming and other athletic competitions”. 

This came about “despite sure and recurrent practising supplied to all our scholar-athletes” by the College’s Athletics Compliance workforce. 

In conserving with Bevacqua, the same investigation also “confirmed and expanded” their normal issues a few “deeply embedded crew culture” dismissive of the College’s “requirements for scholar-athletes, including our expectation that they address each and every other with dignity and respect”.

In conserving with the same source, the crew had location up a community text chat that used to be stuffed with derogatory messages and remarks.

On the different hand, no proof of bodily abuse or hazing used to be found.

“These findings are contrary to the College’s values and all that we stand for in Notre Dame Athletics.”

Teaching Team of workers People, Blind to the Concerns 

Bevacqua extra outlined that instructing workforce members, who absolutely cooperated with the overview, did not know of the playing that the swimming crew used to be engaged in or of the particular extent of their troubling behaviors. 

After they learned a few chain of isolated incidents, they tackled them with seriousness and professionalism, outlined Bevacqua.

Head coach Chris Lindauer and his workforce weren’t self-discipline to any disciplinary measures. 

While not all crew members were fascinating, “the overwhelming cultural dynamic on the crew necessitates a beefy suspension,” outlined Bevacqua in his assertion. 

He added that the College “profoundly” regrets that the puny sequence of crew members who did not have interaction or who wanted to be half of the crew this topple might maybe also suffer the penalties of the suspension.

Athletes who love to transfer, incoming inexperienced persons included, will net the probability to create so before lessons starting up on August 27. 

The ladies’s swimming crew and the boys’s and girls’s diving teams weren’t fascinating or plagued by the suspension. 

Final September, Iowa Exclaim soccer star Jake Remsburg used to be suspended for violating NCAA’s playing principles, joining a list of teammates including Isaiah Lee, DeShawn Hanika, and Jirehl Brock who were obsessed on the same betting scandal.

All over the same month, the NCAA denied Iowa defensive lineman Noah Shannon’s allure after the athlete confessed to wagering on one other Hawkeyes crew, which resulted in a season-long suspension. 

Bitcoin Pizza Day, celebrated this Wednesday, May 22, holds a special
place in the world of cryptocurrency. It marks the first time Bitcoin was used
to purchase real-world goods. And what was the first item ever bought with
Bitcoin? Pizza, of course.

On May 22, 2010, a programmer named Laszlo Hanyecz made history by
spending 10,000 Bitcoins to have two (large) Papa John’s pizzas delivered to
his door. This momentous transaction has since become a legendary tale in the
crypto community, commemorated annually as Bitcoin Pizza Day.

The Million-Dollar Pizzas

To understand the significance of Bitcoin Pizza Day, we need to take a
journey back to 2010. At that time, Bitcoin was a relatively obscure digital
currency, primarily used by tech enthusiasts and early adopters. Laszlo
Hanyecz, one of these enthusiasts, decided to demonstrate Bitcoin ’s potential
by using it to buy something tangible. He posted an offer on the
Bitcointalk.org forum, proposing to pay 10,000 Bitcoins for two large pizzas.

After a few days, on May 22, 2010, a fellow forum user accepted the
offer and ordered the pizzas for Hanyecz. This seemingly ordinary transaction
turned into a landmark event, as it was the first recorded instance of Bitcoin
being used to purchase a physical item. Back then, 10,000 Bitcoins were worth
around $41, making the cost of the pizzas quite reasonable. However, Bitcoin’s
value soon began to rise exponentially.

The Soaring Value of Bitcoin

Nine months after the famous pizza purchase, the value of those 10,000
Bitcoins had already risen to $10,000. Fast forward to 2015, and the two pizzas
would have cost him an astonishing $2.4 million. By 2021, when Bitcoin reached
an all-time high of $63,000 per Bitcoin, the value of the pizzas would have
been a jaw-dropping $630 million. It’s no wonder that Hanyecz’s purchase is
often referred to as the most expensive pizza order in history.

Who wants to celebrate Bitcoin Pizza Day at the largest global pizza party EVER, this WEDnesday, May 22?

RSVP below to attend the one in Miami 🍕🎉 🏝️ pic.twitter.com/9dpQCF2ljM

— Liz Mejia 🦥 | BIP-420 (@Lizmej12) May 17, 2024

What Could Hanyecz Have Bought Today?

Let’s play a little game of “what if.” What if Laszlo Hanyecz had
decided to hold onto his 10,000 Bitcoins instead of spending them on pizza? As
of Bitcoin’s peak value of $68,990 in late 2021, Hanyecz’s 10,000 Bitcoins
would have been worth nearly $690 million. To put that in perspective, here’s a
list of things Hanyecz could have bought with that kind of money:

Pizzas

At an average price of $15 each (in the
US), Hanyecz could have indulged in 46 million Papa John’s pizzas. That’s enough to feed a
small country!

Luxury Homes

Beverly Hills Mansion: A sprawling estate with 20,000 sq ft of living
space, 10 bedrooms, 15 bathrooms, a pool, and a private cinema for $100
million. He could buy 6.9 of these mansions.

Penthouse in New York City: A 10,000 sq ft penthouse with stunning city
views, 6 bedrooms, and 8 bathrooms for $80 million. He could purchase 8.6.

Villa in the French Riviera: A luxurious 12,000 sq ft villa with 8
bedrooms, a private beach, and a large infinity pool for $70 million. He’d own 9.9 villas.

Private Islands

Musha Cay in the Bahamas: A 150-acre private island with multiple guest
villas, a private airstrip, and a full staff for $50 million. That’s 13.8 islands.

Cars

Bugatti Chiron: One of the most expensive and luxurious cars in the
world, costing $3 million each. He could buy 230.

Rolls-Royce Phantom: The epitome of luxury, priced at $500,000 each.
He’d own 1,380.

1962 Ferrari 250 GTO: A highly sought-after collector’s car, sold for
$48.4 million. He could buy 14.3.

Private Jets

Gulfstream G650: A state-of-the-art private jet with a price tag of $65
million. That’d be 10.6 planes.

Yachts

Superyacht: A 200-foot luxury yacht with a helipad, multiple decks, and
lavish interiors for $150 million. Fancy 4.6 superyachts?

Fine Art

Leonardo da Vinci’s Salvator Mundi: The most expensive painting ever
sold at auction for $450 million. You’d end up with 1.5 of these masterpieces.

Van Gogh’s Sunflowers: Valued at approximately $80 million. 8.6 copies, anyone? Though we’d suggest a refund on 7.6 of them.

Entertainment

Six Flags Amusement Park: Building a new theme park costs around $300
million. But then who needs more than one?

Luxury World Cruise: A 4-month ultra-luxury world cruise on a private
yacht can cost up to $250,000 per person. He could fund a trip for 2,760
people.

Space Tourism: A ticket to space with SpaceX or Blue Origin costs
around $55 million. 12.5 people to space, please.

Charity

Endow a Scholarship Fund: He could set up a $690 million endowment
fund.

I hope everyone had a great #Bitcoin Pizza Day. pic.twitter.com/e0WYoNNLhG

— Michael Saylor⚡️ (@saylor) May 23, 2023

A Lesson in Hindsight

While Laszlo Hanyecz’s story might be amusing and even a little painful
to think about, it offers a valuable lesson in hindsight and the unpredictable
nature of investments. At the time of his purchase, Bitcoin was a novelty, and
its future was uncertain. Hanyecz’s transaction helped to demonstrate the
practical use of Bitcoin and contributed to its growing legitimacy as a form of
currency.

Hanyecz himself has taken the story in stride, maintaining a sense of
humor about the whole situation. In a 2019 interview with CBS, he told Anderson
Cooper that the transaction “made [Bitcoin] real for some people. It certainly
did for me.” Despite the missed financial windfall, Hanyecz’s contribution to
Bitcoin’s history is undeniable, and his story continues to inspire and
entertain the crypto community.

For more stories on the edge of the markets, visit our Trending section.

Bitcoin Pizza Day, celebrated this Wednesday, May 22, holds a special
place in the world of cryptocurrency. It marks the first time Bitcoin was used
to purchase real-world goods. And what was the first item ever bought with
Bitcoin? Pizza, of course.

On May 22, 2010, a programmer named Laszlo Hanyecz made history by
spending 10,000 Bitcoins to have two (large) Papa John’s pizzas delivered to
his door. This momentous transaction has since become a legendary tale in the
crypto community, commemorated annually as Bitcoin Pizza Day.

The Million-Dollar Pizzas

To understand the significance of Bitcoin Pizza Day, we need to take a
journey back to 2010. At that time, Bitcoin was a relatively obscure digital
currency, primarily used by tech enthusiasts and early adopters. Laszlo
Hanyecz, one of these enthusiasts, decided to demonstrate Bitcoin ’s potential
by using it to buy something tangible. He posted an offer on the
Bitcointalk.org forum, proposing to pay 10,000 Bitcoins for two large pizzas.

After a few days, on May 22, 2010, a fellow forum user accepted the
offer and ordered the pizzas for Hanyecz. This seemingly ordinary transaction
turned into a landmark event, as it was the first recorded instance of Bitcoin
being used to purchase a physical item. Back then, 10,000 Bitcoins were worth
around $41, making the cost of the pizzas quite reasonable. However, Bitcoin’s
value soon began to rise exponentially.

The Soaring Value of Bitcoin

Nine months after the famous pizza purchase, the value of those 10,000
Bitcoins had already risen to $10,000. Fast forward to 2015, and the two pizzas
would have cost him an astonishing $2.4 million. By 2021, when Bitcoin reached
an all-time high of $63,000 per Bitcoin, the value of the pizzas would have
been a jaw-dropping $630 million. It’s no wonder that Hanyecz’s purchase is
often referred to as the most expensive pizza order in history.

Who wants to celebrate Bitcoin Pizza Day at the largest global pizza party EVER, this WEDnesday, May 22?

RSVP below to attend the one in Miami 🍕🎉 🏝️ pic.twitter.com/9dpQCF2ljM

— Liz Mejia 🦥 | BIP-420 (@Lizmej12) May 17, 2024

What Could Hanyecz Have Bought Today?

Let’s play a little game of “what if.” What if Laszlo Hanyecz had
decided to hold onto his 10,000 Bitcoins instead of spending them on pizza? As
of Bitcoin’s peak value of $68,990 in late 2021, Hanyecz’s 10,000 Bitcoins
would have been worth nearly $690 million. To put that in perspective, here’s a
list of things Hanyecz could have bought with that kind of money:

Pizzas

At an average price of $15 each (in the
US), Hanyecz could have indulged in 46 million Papa John’s pizzas. That’s enough to feed a
small country!

Luxury Homes

Beverly Hills Mansion: A sprawling estate with 20,000 sq ft of living
space, 10 bedrooms, 15 bathrooms, a pool, and a private cinema for $100
million. He could buy 6.9 of these mansions.

Penthouse in New York City: A 10,000 sq ft penthouse with stunning city
views, 6 bedrooms, and 8 bathrooms for $80 million. He could purchase 8.6.

Villa in the French Riviera: A luxurious 12,000 sq ft villa with 8
bedrooms, a private beach, and a large infinity pool for $70 million. He’d own 9.9 villas.

Private Islands

Musha Cay in the Bahamas: A 150-acre private island with multiple guest
villas, a private airstrip, and a full staff for $50 million. That’s 13.8 islands.

Cars

Bugatti Chiron: One of the most expensive and luxurious cars in the
world, costing $3 million each. He could buy 230.

Rolls-Royce Phantom: The epitome of luxury, priced at $500,000 each.
He’d own 1,380.

1962 Ferrari 250 GTO: A highly sought-after collector’s car, sold for
$48.4 million. He could buy 14.3.

Private Jets

Gulfstream G650: A state-of-the-art private jet with a price tag of $65
million. That’d be 10.6 planes.

Yachts

Superyacht: A 200-foot luxury yacht with a helipad, multiple decks, and
lavish interiors for $150 million. Fancy 4.6 superyachts?

Fine Art

Leonardo da Vinci’s Salvator Mundi: The most expensive painting ever
sold at auction for $450 million. You’d end up with 1.5 of these masterpieces.

Van Gogh’s Sunflowers: Valued at approximately $80 million. 8.6 copies, anyone? Though we’d suggest a refund on 7.6 of them.

Entertainment

Six Flags Amusement Park: Building a new theme park costs around $300
million. But then who needs more than one?

Luxury World Cruise: A 4-month ultra-luxury world cruise on a private
yacht can cost up to $250,000 per person. He could fund a trip for 2,760
people.

Space Tourism: A ticket to space with SpaceX or Blue Origin costs
around $55 million. 12.5 people to space, please.

Charity

Endow a Scholarship Fund: He could set up a $690 million endowment
fund.

I hope everyone had a great #Bitcoin Pizza Day. pic.twitter.com/e0WYoNNLhG

— Michael Saylor⚡️ (@saylor) May 23, 2023

A Lesson in Hindsight

While Laszlo Hanyecz’s story might be amusing and even a little painful
to think about, it offers a valuable lesson in hindsight and the unpredictable
nature of investments. At the time of his purchase, Bitcoin was a novelty, and
its future was uncertain. Hanyecz’s transaction helped to demonstrate the
practical use of Bitcoin and contributed to its growing legitimacy as a form of
currency.

Hanyecz himself has taken the story in stride, maintaining a sense of
humor about the whole situation. In a 2019 interview with CBS, he told Anderson
Cooper that the transaction “made [Bitcoin] real for some people. It certainly
did for me.” Despite the missed financial windfall, Hanyecz’s contribution to
Bitcoin’s history is undeniable, and his story continues to inspire and
entertain the crypto community.

For more stories on the edge of the markets, visit our Trending section.