Benyamin Ahmed is a 12-year-old boy living in London. In the last hours he made the news because he has earned $ 160,000 on the Ethereum network by selling his Weird Whales collection.
This collection was a series of images with colorful NFT-shaped pixelated whale designs.
The Weird Whales story began when Boring Bananas, one of the developers of another NFT project, sent him a script in the programming language with a Python template so that he could create his own images, according to 20 Bits.
Ahmed’s father, who works as a web developer, helped him create his NFT collection: “I said, Look, you have to substitute the variable names here. So where they have bananas and funds and so on, you have to replace them with yours.
“I became interested in the NFT space because at first I thought it was great as a form of online expression,” said Benyamin Ahmed.
Created his own NFT collection: Weird Whales
As the 12-year-old became more interested in this type of digital art from popular collections such as CryptoPunks and Bored Ape Yacht Club. He decided to code his own collection: Weird Whales.
After designing his collection, he has managed to sell it and recently announced it on Twitter. I can’t believe this! SOLD “, can be read in Benyamin Ahmed’s tweet.
No reason not to hold Bitcoin for 100 years, says Michael Saylor
Michael Saylor, CEO of business intelligence company MicroStrategy, has strongly defended the company’s long-term and bullish position on Bitcoin. Based on your unique potential to evolve into “the future of property.”
In an interview with Bloomberg TV, Saylor argued that MicroStrategy’s big bet on Bitcoin, which has turned to debt markets to sustain it. It is the “highest profit, lowest risk strategy” that the company can follow.
“Some people think that diversification involves buying other types of cryptocurrencies or other types of stocks,” he said. “We believe that by holding Bitcoin, we are diversified. Because we can see Bitcoin on the balance sheets of cities, states, governments, companies, small large investors. Ultimately, Bitcoin will be the core of technological innovation at Apple, Amazon and Facebook, so we want to hold Bitcoin.
In response to your interviewer’s research on how the interests of large centralized companies like Twitter and Facebook can be reconciled with a decentralized network. Saylor argued that Bitcoin holds the key to solving its endemic problems with cybersecurity and spam.
South Korean Regulator Reports It Will Close 11 Crypto Exchanges
South Korea’s top financial regulator, the Financial Services Commission (FSC), is planning to shut down a dozen local crypto exchanges amid allegations of fraud.
The FSC will suspend the operations of at least 11 mid-tier crypto exchanges in South Korea. Due to alleged illegal activities and fraudulent collective accounts. Local news agency The Korea Herald reported on Sunday. The post cited anonymous industry sources claiming that the names of the exchanges have yet to be revealed.
Square acquires Australian fintech company Afterpay for $ 29 billion
Jack Dorsey’s digital payments company Square is expanding competition with global payments giants like PayPal by acquiring a major Australian loan company.
In this regard, Square announced on Sunday that it has entered the execution phase of an agreement to acquire all the shares issued by the fintech company Afterpay in a $ 29 billion deal. The transaction is based on the closing price of Square’s common stock and is expected to be paid out on all shares in the first quarter of 2022.