As the company explained in a blog postannouncing the project last month:
We will make the 14.545” cube, it will weight approximately 2,000 pounds. This NFT represents a real-world physical cube that will be stored at Midwest Tungsten Service headquarters and owned by the NFT owner. One visit to see/photograph/touch the cube per calendar year will be allowed and scheduled with a Midwest Tungsten Service representative. Unlockable content required for scheduling and proof of ownership required for entry. The cube will be stored in a room of its own that will be locked and only accessible by the NFT owner.
Subsequent owners of the NFT cannot visit the cube in a year in which the cube has already been visited. The cube will not be available to view until 12 weeks after the first sale. Burning the NFT will result in shipment to the most recent owner via freight truck, owner will be responsible for alerting Midwest Tungsten Service of the intention to burn and transport after freight drop-off.
Not sure. My best guess is some sort of putty/paste with iron filings (or something like that) mixed in. Possibly one of those non-Newtonian concoctions.
A Briton accused of carrying out SIM-swapping attacks to compromise high-profile Twitter users’ accounts has been charged with stealing $784,000 in cryptocurrency.
140 million digital wallets capable of storing China’s central bank digital currency – the Digital Yuan or E-CNY – have already been issued to individuals, and another ten million businesses have signed up too.
So said Mu Changchun, director of the Digital Currency Research Institute of the People’s Bank of China, at an event in Hong Kong earlier this week. Those wallet-holders have already spent over ¥62 billion ($9.8B) with the 1.5 million merchants that have signed up to accept the digital currency.
But Mu also admitted that the People’s Bank of China is worried about the E-CNY’s security. He told the event that the Bank knows digital currencies will attract attention from criminals, so is working on encryption algorithms, data security, and business continuity plans.
Notr quite sure this belongs here, because the gist of this radio series was that OneCoin was a bog standard pyramid scheme-- and not something that made use of a blockchain ledger.
