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The Roads Both Taken
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Tariffs![[later] I don't get why our pizza slices have such terrible reviews; the geotextile-infused sauce gives the toppings incredible slope stability!](https://imgs.xkcd.com/comics/tariffs.png "[later] I don't get why our pizza slices have such terrible reviews; the geotextile-infused sauce gives the toppings incredible slope stability!")
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Push Notifications
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Anachronym Challenge
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China trade war poses threat to US arms firms’ rare earths supply, analysts warn
Wed, 16 Apr 2025 12:44:18 GMT
Chinese restrictions could affect more than a dozen defence and aerospace firms and give Beijing ‘crucial advantage’
America’s advanced weapons manufacturers are likely to face a critical shortfall of key rare-earth minerals that they import from China as a consequence of Donald Trump’s escalating trade war with Beijing.
New export licensing restrictions imposed by China on seven rare earths are like to cause disruptions in supply to more than a dozen US defence and aerospace companies involved in the production of everything from fighter jets to submarines and drones, the Center for Strategic and International Studies said in a commentary.
Continue reading...Xiaofeng Wang was fired by Indiana University on same day as raid – and Asian students fear political motivation
When FBI and Department of Homeland Security (DHS) agents descended recently on two homes owned by Xiaofeng Wang, a Chinese national and cybersecurity professor at Indiana University, many in the idyllic college town of Bloomington were shocked.
In December, Wang had been questioned by his employers about allegedly receiving undisclosed funding from China on a project that also received US federal research grants. On the same day of the home raids, Wang was fired from his longstanding post at Indiana University over email – a move that goes against the university’s own policy.
Continue reading...Coalition frontbencher walks back claim that Russian defence minister and Chinese leader had said publicly they did not want Peter Dutton as prime minister
Bridget McKenzie has admitted she was wrong to say Russia and China wanted Labor to win the election.
On Wednesday afternoon the Coalition frontbencher claimed China and Russia would prefer an Albanese victory on 3 May, citing statements by foreign politicians that could not be found online.
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Continue reading...The Wall Street Journal has the story:
Chinese officials acknowledged in a secret December meeting that Beijing was behind a widespread series of alarming cyberattacks on U.S. infrastructure, according to people familiar with the matter, underscoring how hostilities between the two superpowers are continuing to escalate.
The Chinese delegation linked years of intrusions into computer networks at U.S. ports, water utilities, airports and other targets, to increasing U.S. policy support for Taiwan, the people, who declined to be named, said.
The admission wasn’t explicit:...
Tech firm has reportedly flown 600 tonnes of handsets from Indian factories as Chinese goods face huge tariffs
Apple is reportedly chartering cargo flights to ferry iPhones from its Indian manufacturing plants to the US in an attempt to beat Donald Trump’s tariffs.
The tech company has flown 600 tonnes of iPhones, or as many as 1.5m handsets, to the US from India since March after ramping up production at its plants in the country, according to Reuters.
Continue reading...Chancellor says wages are growing faster than prices but acknowledges many are still struggling with the cost of living
A government minister has reiterated the call for the Unite union to accept a deal and end the bin strike in Birmingham.
Speaking on GB News this morning, Lillian Greenwood, parliamentary under-secretary of state for the future of roads, said residents were facing “a completely unacceptable situation”
Continue reading...As tariffs raise the price of consoles, is it time for gamers to reevaluate our relationship with new releases?
Now is not a good time to buy a new games console.
The shock waves from Donald Trump’s will-he-won’t-he approach to trade tariffs were always going to hit video games, an industry that relies on incredibly complex global supply chains. On Monday, Nikkei Asia reported on analysis from a major electronics supplier suggesting that the Nintendo Switch 2 will be subject to Trump’s 145% tariff on goods imported to the US from China, despite his apparent decision to exempt smartphones and computers.
Continue reading...President doubles down on cutting public funding for leading US university in fresh social media rant
US attorney general Pam Bondi on Wednesday unveiled legal action against Maine, in an escalation of Donald Trump’s conflict with the state for refusing to ban transgender athletes from participating in women’s and girls’ sports.
Reuters reports that the lawsuit comes five days after the administration tried to cut off all of Maine’s federal funding for public schools and its school lunch program over the issue, following a 21 February meeting of Trump and a group of US governors where he clashed with Maine’s Democratic governor, Janet Mills.
Nothing in Title IX or its implementing regulations prohibits schools from allowing transgender girls and women to participate on girls’ and women’s sports teams. Your letters to date do not cite a single case that so holds.
It was a compelling meeting. And toward the end, we actually came up with – I’m going to say ‘finally,’ but I don’t mean it in the way that we were waiting, I mean it in the way that it took a while for us to get to this place – what Putin’s request is to get, to have a permanent peace here.
Continue reading...Ju Wenjun has once again proven herself the undisputed queen of the chessboard.
On Wednesday in Chongqing, the 34-year-old Chinese grandmaster clinched the 2025 Fide Women’s World Championship, defeating compatriot and longtime rival Tan Zhongyi by a commanding score of 6½–2½. With the victory, Ju becomes only the fourth woman in history to win the title five times, joining a storied class that includes Vera Menchik, Nona Gaprindashvili and Maia Chiburdanidze.
Continue reading...World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’
Donald Trump’s tariffs will send international trade into reverse this year, depressing global economic growth, the World Trade Organization has warned.
In its latest snapshot of the global trading system, the Geneva-based institution says it had previously expected goods trade to expand by a healthy 2.7% this year. As a result of Washington’s trade policy, it is now forecasting a 0.2% decline.
Continue reading...Embassy criticises ‘slandering’ of Chinese government and defends Jingye over furnaces dispute
China has accused UK politicians of “arrogance, ignorance and a twisted mindset” as it defended British Steel’s owner, Jingye, after a barrage of criticism over the narrowly averted shutdown of its blast furnaces.
Beijing’s embassy to the UK accused unspecified British public figures of slandering China’s government and businesses, in comments published on Wednesday on its website.
Continue reading...Police used a stun gun on two people and made three arrests as Maga representative was repeatedly interrupted
Police used a stun gun on two people, and arrested three attenders overall, at a town hall meeting hosted by Representative Marjorie Taylor Greene on Tuesday.
Protesters repeatedly interrupted Greene during a town hall in Acworth, which is about 30 minutes outside Atlanta. One man, Andrew Russell Nelms, began booing Greene almost as soon as she began speaking, and was dragged out of the room by police officers, who used a stun gun on him, according to the New York Times.
Continue reading...Move comes in preparation for removal of materials that promote DEI, gender ideology and critical race theory
US army and air force libraries have been told to go through their stacks to find books related to diversity, equity and inclusion (DEI), according to new memos obtained by the Associated Press.
The orders from service leaders come about two weeks after the US Naval Academy in Annapolis, Maryland, removed nearly 400 books from its library after being told by the office of the defense secretary, Pete Hegseth, to get rid of those that promote DEI.
Continue reading...Shares plunge as firm says H20 chip, designed for Chinese market to comply with controls, now needs special licence
Nvidia has said it expects a $5.5bn (£4.1bn) hit after Donald Trump’s administration barred the chip designer from selling crucial artificial intelligence chips in China, sending shares in one of the US’s most valuable companies plunging in after-hours trading.
The company said in an official filing late on Tuesday that its H20 AI chip, which was designed specifically for the Chinese market, to comply with export controls, would now require a special licence to sell there for the “indefinite future”.
Continue reading...Exclusive: Absence of world’s biggest clean energy producer will be welcomed by US pushing oil and gas exports
China is to snub a major UK summit on energy security next week, the Guardian has learned, amid a growing row over the country’s involvement in UK infrastructure projects.
The US will send a senior White House official to the 60-country summit, to be co-hosted with the International Energy Agency. Leading oil and gas companies are also invited, along with big technology businesses, and petrostates including Saudi Arabia, Qatar and the United Arab Emirates.
Continue reading...Post office says it ‘definitely’ won’t collect tariffs on Washington’s behalf and Hongkongers should prepare to pay exorbitant fees
Hong Kong Post said on Wednesday it had suspended goods mail services by sea to the US and will suspend its air mail postal service for items containing goods from 27 April due to “bullying” US tariffs.
When sending items to the US, people in Hong Kong “should be prepared to pay exorbitant and unreasonable fees due to the US’s unreasonable and bullying acts”, Hong Kong Post said in a statement.
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The US is retreating behind chokepoints and tariffs. It remains determined to invent the future but is struggling to ensure its control
Globalisation is out; reshoring is the new realism. Intel’s half-built Ohio campus and Nvidia’s US supercomputer plan demonstrate the very different routes taken by Joe Biden and Donald Trump in the search for homegrown tech dominance. Mr Biden relied on institutions: grants, land and investment incentives. That approach has stalled after last year’s election, rendering Intel’s plant idle. Mr Trump prefers court politics: flattery, pressure and tariff threats. Nvidia’s move seems driven less by design than executive ultimatum. Industrial strategy lives on – but, and this is a concern, increasingly through presidential menace, not policy.
There’s another important message in the Nvidia announcement. In an era where ideas spread freely, power lies not in invention but in chokepoints, such as artificial intelligence supercomputer fabrication, that determine who can scale those ideas into global platforms. Remember that as the US braces for a backlash over the breakdown of the old trade order.
Continue reading...The defense secretary’s focus on “lethality” could lead to “wanton killing and wholesale destruction and disregard for law,” one Pentagon official said.
The post Pete Hegseth Is Gutting Pentagon Programs to Reduce Civilian Casualties appeared first on The Intercept.
A little-known database logs hundreds of millions of wire transfers sent to or from Mexico, Arizona, California, New Mexico, and Texas.
The post The Unusual Nonprofit That Helps ICE Spy on Wire Transfers appeared first on The Intercept.
Protesters across the country have been rallying every weekend to try and drive Elon Musk’s car business into the ground.
The post Meet the Activists Motivated by Hatred of Elon Musk appeared first on The Intercept.
The dangers young people face online are all too clear. But the solution is pragmatism, not prohibition
The latest hit Netflix show has surpassed 100m views and cracked the top five of the platform’s all-time biggest English-language series – without CGI monsters, ornate gowns or Jenna Ortega. Instead, Adolescence is a four-episode limited series about a 13-year-old British boy accused of stabbing his female classmate to death. And as the story unfolds, the pernicious influence of cyberbullying and social media radicalization on the main character comes into focus.
The show has sparked conversations about the much-discussed male loneliness epidemic and the pervasive influence of hypermasculine online personalities. It has set off public debate from India to Australia to the United States about how we raise boys in an era when social media increasingly serves as an endless trough of misogynist messaging. In the UK, where the series became the first streaming show to top the country’s TV ratings, it has stirred intense conversations on news panels and in parliament. Even the prime minister jumped into the fray after watching the show with his teenage children.
In the US, you can call or text the National Suicide Prevention Lifeline at 988, chat on 988lifeline.org, or text HOME to 741741 to connect with a crisis counselor. In the UK and Ireland, Samaritans can be contacted on freephone 116 123, or email jo@samaritans.org or jo@samaritans.ie. In Australia, the crisis support service Lifeline is 13 11 14. Other international helplines can be found at befrienders.org
Katrina vanden Heuvel is editorial director and publisher of the Nation, she is a member of the Council on Foreign Relations, and she has contributed to the Washington Post, the New York Times and the Los Angeles Times
Continue reading...Seven countries have expressed interest in hosting future Commonwealth Games. Five of those are focused on staging the centenary 2030 Games while two are looking at editions of the multi-sport event beyond that, Commonwealth Sport has announced.
The expressions of interest come from Africa, the Americas, Asia and Oceania, which mean Glasgow’s hosting of the 2026 Games may signal a break of well over a decade before the UK hosts again, with Britain having hosted two of the last three editions.
Continue reading...My beloved Converse All Stars had always been part of my identity. But when they became painful and impractical, it transformed my relationship with clothes
Style and comfort have always been of equal priority for me. I got my first pair of Converse All Stars at the mall in Indiana in the 1980s. They were teal and yellow – I would fold the lip of the hi-top over to show off the lemony interior. For my wedding, I wore low-top leather Converse with my white dress. I’ve walked across cities from Rome to Mumbai, Chicago to Oslo – all while wearing Converse, or Fly London boots – looking for vintage one-offs and secondhand gems, clothes made to last.
In 2021, aged 41, I was diagnosed with Parkinson’s, a degenerative disease that resulted in symptoms including difficulty moving, especially walking. Dystonia is a common symptom for those of us with young onset Parkinson’s; it involves the involuntary and painful twisting of parts of the body. In my case, dystonia occurs in my back, hands, feet and ankles. When my medications aren’t working, or when I’m tired – and more so as the disease progresses – this drastically curtails my mobility and dexterity. My toes grip the earth, my ankles frequently and painfully roll, sometimes I stumble and nearly or actually fall. It is mentally and physically exhausting, and the pain can take my breath away.
Continue reading...The “Tesla Takedown” protests reveal a major vulnerability of the Trump regime.
The post The Tesla Takedown Shows How We Can Make Oligarchs Feel the Pain appeared first on The Intercept.
Opposition leader also says ‘I’ll let scientists pass that judgment’ when asked if climate change impacts getting worse in second showdown
Peter Dutton has admitted he made a mistake by wrongly claiming the Indonesian president had announced a proposal for Russia to base military aircraft in Indonesia, and declined to state whether the impacts of climate change were getting worse.
The opposition leader has also confirmed his plan to reduce the size of the federal public service by 41,000 positions by 2030 would not pay for the entirety of the Coalition’s policy platform, suggesting further cuts to government spending may be necessary.
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Continue reading...This blog is now closed
Albanese says Labor didn’t commission modelling on negative gearing
Anthony Albanese said Peter Dutton’s suggestion that the housing crisis is something that developed in the last two years is “nonsense”.
Everyone watching this program knows that this has been developing for a long period of time. We have not had enough homes been built. The former government did not bother to have a housing minister for half the time they were in office. What we’ve done since we came to office, is look towards the big issue which is supply.
The experts say that what that potentially [would] do is is diminish supply, not increase it. That’s why the key to fixing the housing issues is supply.
It certainly wasn’t commissioned by us to do so.
We need to do both. We need to particularly give young people a fair crack … The key is supply. That’s why only Labor is offering a plan at this election to increase supply of housing.
That is on the supply side a very significant benefit. The second part is we reduce migration by 25%, so that we can allow the housing stock to be built up again and by doing that – as well as stopping foreigners for two years from purchasing Australian homes – we give young Australians a go.
Continue reading...This blog is now closed
Albanese confronted by hecklers overnight
Anthony Albanese and his team were confronted by two hecklers in their Melbourne hotel overnight, again raising questions about the safety and security of political leaders.
There’s a report of a request. We have confirmed that Indonesia is not contemplating any Russian aircraft operating in its territory.
We have not got confirmation of that approach. So, I just want to be really clear. We have not got confirmation of that approach. What we have is a report, which we have confirmed, from the Indonesians, that it is not correct to assert that there has been any contemplation of a Russian base.
Continue reading...We’d like to hear from small business owners in the UK and elsewhere about any impact of changing tariffs
China has raised tariffs on US imports to 125% in an escalation of the trade dispute between the world’s two largest economies.
US tariffs on Chinese goods now total 145%, while most other countries, including the UK, have maintained a 10% tariff on goods following Donald Trump’s announcements on Wednesday pausing “reciprocal” tariffs for 90 days.
Continue reading...Temperatures exceeding 40C trigger deadly thunderstorms, as Mali agency issues hot weather warning
Northern India has been experiencing early extreme heat this week as temperatures topped 40C (104F), including in the capital, New Delhi.
Hot weather across the north-west of the country peaked on Tuesday as Barmer, a city in the state of Rajasthan, reached 46.4C – more than 6C above the average maximum in April.
Continue reading...Tahawwur Hussain Rana, 64, to stand trial for plotting multiday slaughter carried out by 10 Islamist gunmen
A Pakistan-born Canadian citizen wanted for his alleged role in the deadly 2008 Mumbai siege has landed in New Delhi after his extradition from the United States.
Tahawwur Hussain Rana, 64, arrived at a military airbase outside the Indian capital under heavily armed guard late on Thursday, and will be held in detention to face trial.
Continue reading...The veteran investigative journalist will cover U.S. military operations, national security issues, and foreign affairs through this yearlong fellowship.
The post Nick Turse Joins The Intercept as Inaugural National Security Reporting Fellow appeared first on The Intercept.
Former City minister denies allegations she received land illegally from her aunt, the ousted PM Sheikh Hasina
The former City minister Tulip Siddiq has said an arrest warrant issued against her in Bangladesh over allegations she illegally received a plot of land from her aunt, the country’s ousted former prime minister, is a “politically motivated smear campaign”.
Speaking to reporters on Monday, the Hampstead and Highgate MP said: “No one from the Bangladeshi authorities has contacted me. The entire time they’ve done trial by media. My lawyers proactively wrote to the Bangladeshi authorities, they never responded.
Continue reading...Former City minister accused of illegally receiving plot of land from her aunt, ousted PM Sheikh Hasina
An arrest warrant for the former City minister Tulip Siddiq has been issued in Bangladesh with a new allegation accusing her of illegally receiving a plot of land from her aunt, the ousted former prime minister Sheikh Hasina.
Bangladeshi media reported the warrant was issued by a judge for 53 people connected to Hasina, including Siddiq. There is no formal extradition treaty between the UK and Bangladesh.
Continue reading...China has dramatically increased military activities around Taiwan, with more than 3,000 incursions into Taiwan's airspace in 2024 alone. Amy Hawkins examines how Beijing is deploying 'salami-slicing' tactics, a strategy of gradual pressure that stays below the threshold of war while steadily wearing down Taiwan's defences. From daily air incursions to strategic military exercises, we explore the four phases of China's approach and what it means for Taiwan's future
Continue reading...At a Congressional hearing earlier this week, Matt Blaze made the point that CALEA, the 1994 law that forces telecoms to make phone calls wiretappable, is outdated in today’s threat environment and should be rethought:
In other words, while the legally-mandated CALEA capability requirements have changed little over the last three decades, the infrastructure that must implement and protect it has changed radically. This has greatly expanded the “attack surface” that must be defended to prevent unauthorized wiretaps, especially at scale. The job of the illegal eavesdropper has gotten significantly easier, with many more options and opportunities for them to exploit. Compromising our telecommunications infrastructure is now little different from performing any other kind of computer intrusion or data breach, a well-known and endemic cybersecurity problem. To put it bluntly, something like Salt Typhoon was inevitable, and will likely happen again unless significant changes are made...
The European Space Agency's (ESA) Director of Human and Robotic Exploration, Daniel Neuenschwander, and the Japan Aerospace Exploration Agency's (JAXA) Vice President for Exploration and Human Spaceflight, Mayumi Matsuura, have signed a new statement of intent focused on Moon and Mars activities. This statement marks their intention towards a step forward in space exploration cooperation between ESA and JAXA, and lays the groundwork for expanded collaboration between the two agencies in advancing science, technology and international partnerships.
The north of England’s most overlooked natural beauty spot is home to wild terrain and some of the UK’s rarest birds, including the spectacular hen harrier
A grey male drifts slowly across the moorland. No, not me, but a big, beautiful hen harrier, scouting for love, or breakfast. I’ve only been here 10 minutes, and I’m in a mild state of shock. Aren’t these precious, threatened birds of prey so vanishingly rare that seeing one is hugely improbable?
I’m walking with Sonja Ludwig, RSPB species and habitats officer for the Forest of Bowland, and she knows these harriers. “They’re ‘traditional’ birds,” she says. “They tend to come back to more or less the same place. We always see them here. Rookies always notice the males first. Their plumage, white rump and the black tips on the wings are unmistakable.”
Continue reading...Chris Van Hollen warns of ‘constitutional crisis’ and says he hopes to report back to family on Maryland man’s condition
Democratic senator Chris Van Hollen of Maryland will travel to El Salvador on Wednesday and attempt to visit Kilmar Ábrego García, a constituent whose deportation and incarceration in the Central American country, he warns, has tipped the United States into a constitutional crisis.
In an interview with the Guardian on Tuesday, Van Hollen said he hopes to learn of Ábrego García’s condition and convey it to his family, who also live in the state he represents.
Continue reading...This week: top tips for buying preloved; the best secateurs, tested; and genuinely great-smelling diffusers
While waiting for a show during London fashion week in February, I and a few fashion writers, stylists and editors were admiring each other’s outfits. Surprise, surprise, we discovered that the pieces we loved most were preowned (and largely from charity shops, I might add).
It’s no secret that industry insiders love secondhand fashion: Kate Moss is known for her love of vintage; British Vogue recently hosted a vintage sale in collaboration with eBay; celebrities such as Zendaya, Kendall Jenner and Miley Cyrus are turning to archive looks for their red carpet appearances; even Selfridges now offers Reselfridges, a range of preloved designer bags and accessories.
The best secateurs to save you time and effort when pruning your garden, tested
The best diffusers for your home: 22 genuinely great-smelling diffusers for every mood and budget
The best power banks and battery packs for reliable charging on the go, tested
‘Very pale and oddly wrinkly’: the best (and worst) supermarket hot cross buns for Easter, tested
Continue reading...Tell us about a brilliant culinary experience in France – the best tip wins £200 towards a Coolstays break
There’s no denying great food and drink make a holiday – and we want to know about your under-the-radar finds in France. Perhaps it was the menu du jour in a hidden bistro in a Paris suburb, wine tasting at a family vineyard in Provence, eating oyster from a shack on the Brittany coast, or an outstanding mountain hut restaurant loved by the locals. Tell us where it was, what you ate or drank and why it was so special for the chance to win a £200 Coolstays voucher.
If you have a relevant photo, do send it in – but it’s your words that will be judged for the competition.
Continue reading...Imagine that all of us—all of society—have landed on some alien planet and need to form a government: clean slate. We do not have any legacy systems from the United States or any other country. We do not have any special or unique interests to perturb our thinking. How would we govern ourselves? It is unlikely that we would use the systems we have today. Modern representative democracy was the best form of government that eighteenth-century technology could invent. The twenty-first century is very different: scientifically, technically, and philosophically. For example, eighteenth-century democracy was designed under the assumption that travel and communications were both hard...
Daughter of Peter and Barbie Reynolds, 79 and 75, says they have ‘no idea’ why they have been in jail for two months
An elderly British couple taken captive by the Taliban have been interrogated 29 times since they were imprisoned more than two months ago, and still have “absolutely no idea” why they have been incarcerated, their daughter has said.
No charges have been brought against Peter Reynolds, 79, and his wife, Barbie, 75, who ran school training programmes and were arrested alongside an American friend, Faye Hall, as they travelled to their home in Bamyan province, in central Afghanistan, in February.
Continue reading...From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors. You’ll also receive handpicked offers from Guardian Holidays.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors.
You’ll also receive handpicked offers from Guardian Holidays.
Continue reading...Coogan does his best, but there’s a tonal mismatch here: the animal-teaches-lonely-human narrative jars with a depiction of lives in totalitarian Argentina
Here is a well-meaning, awkward tonal jumble of a movie, based on the bestselling memoir by former teacher Tom Michell; it is a quirky true-story heart warmer, in which an adorable penguin is apparently supposed to redeem not merely the human hero’s personal heartbreak but maybe even the agony of Argentina during the 70s junta. It stars Steve Coogan, who has often in the past shown brilliant technique as a straight actor, and in Philomena with Judi Dench proved he is perfectly capable of carrying an un-ironised emotional story. But his performance here is bafflingly underpowered and opaque, as if he is slightly perplexed by the script he’s been given.
Coogan plays Tom, who takes a job in Peronist Argentina in 1976, teaching English at a stuffy private school for the sons of wealthy expatriates, and is wary of the overbearing headteacher, played by Jonathan Pryce. On a holiday to Uruguay, he rescues a penguin from an oil slick on the beach and finds himself responsible for this bedraggled bird. He ends up smuggling it back to Argentina with him where, named Juan Salvador, it becomes the unhappy and lonely man’s feathered friend – actually, his only friend. But all this happens in tandem with Michell’s personal involvement in combating the horror of the Argentinian junta in which innocent people get “disappeared” by the secret police – and this of course blunts the feelgood mood that the film is trying to sell.
Continue reading...
Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
Marco Rubio revoked his green card for antisemitism. His Jewish Israeli friend calls bullshit.
The post “How Can I Take Anyone Seriously Talking About Mohsen Being Antisemitic?” appeared first on The Intercept.
Stiglitz, perhaps the most renowned Columbia professor, gave an exclusive interview to The Intercept on academic freedom, deportations of students, and more.
The post Nobel Winner Joseph Stiglitz Denounces Columbia’s Apparent Capitulation to Trump appeared first on The Intercept.
A green card holder, Columbia University protest leader Mohsen Mahdawi faced attacks from pro-Israel activists.
The post Palestinian Student Leader Was Called In for Citizenship Interview — Then Arrested by ICE appeared first on The Intercept.
The “Tesla Takedown” protests reveal a major vulnerability of the Trump regime.
The post The Tesla Takedown Shows How We Can Make Oligarchs Feel the Pain appeared first on The Intercept.
Imagine that all of us—all of society—have landed on some alien planet and need to form a government: clean slate. We do not have any legacy systems from the United States or any other country. We do not have any special or unique interests to perturb our thinking. How would we govern ourselves? It is unlikely that we would use the systems we have today. Modern representative democracy was the best form of government that eighteenth-century technology could invent. The twenty-first century is very different: scientifically, technically, and philosophically. For example, eighteenth-century democracy was designed under the assumption that travel and communications were both hard...
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