 Welcome to Digital Asset News. Take the top stories and cryptocurrency digital assets and bring it on to bite-sized pieces. Today, that's a pretty interesting stuff and thought-provoking things. First up, this is the reason why you probably shouldn't get into too many meme coins. First up, Vitalik Buterin moves $1.3 billion worth of Ether, but the question is asked, is where is it going? And we're going to take a look at another problem that could be for the meme coin generation, which is that same gentleman, Vitalik Buterin, donates a billion dollars worth of Shiba Inu, when he really wasn't supposed to, even though it was for a great cause, and what you can expect to find with Dogecoin and as far as whales controlling a whole lot of things. We'll take a look at those stories on top of the fact that Brave is now integrating with Unstoppable Domain, so you can now use your .crypto and actually have it rendered and functioning fully. And finally, we'll take a look at the IRS's crack and down for all you US citizens, because to pay your taxes, you got four days. All right, so let's take a look at that, but first, let's take a look at what is going on into the market. So today, it is May 13th, about high noon or so, and this is the market cap that we've got. We've got almost 2.2 trillion, thanks to Elon Musk and his nice little tweets. Hey, again, we talked with us at Nausium, how I think this is actually a gift, and he's just allowing people to buy back in, so thanks, we appreciate it. Delia Simon is bearish, Bitcoin price, wow, what a drop, 48,300. And I went to shopping spree last night, we did a live stream on it, and I was actually rage buying things because I was so ticked off, but in all honesty, fundamentally, nothing's really changed. So let's take a look at coin prices and just see how bad we got whipped last night. So Bitcoin 483, man, Ethereum, was it like 4,300? Now it's at 36, finance 259, Cardano. I want you to notice something today, everything's in the red, except for Cardano. And there is a theory going around, and this is just rumor, unspeculative rumor, but the tweet did state that what Tesla is going to do is they're going to stop accepting Bitcoin for payments, which no one was using Bitcoin for payments to the cars anyhow, and until they find a more viable solution as far as like non-renewable resources. And my theory, quite honestly, is that we did a live stream today, and we took a look at Cardano, XRP, Polkadot as the potential new ones that could be used, but now honestly, I think that's what they're going to do here is just use their solar panels because Tesla also makes these solar panels that are pretty high quality, I suppose. And they're getting into the renewable fuel credit market, this was just drops yesterday. So that's how I see it, but the rumor is just a rumor, and I don't think it's substantiated whatsoever, is that Cardano could be one of those cryptos that they're going to be using as far as payments, which does make a lot of sense, even though there's no smart contracts, but who knows what it could be, but it is odd that that's the only one that has actually gone up. And also it's odd that before that announcement that Tesla made, that Bitcoin also took a big dump, which means to me is that someone's got loose lips, and someone told somebody who's told somebody who was a whale, and then off you go. That could just be what it is, but let me tell you, in the crypto community, everybody knows everybody, and that's really what's going on. So today's just a big S show. Everything's in the red. I'm not going to delve into it. That's what's going on. But I want to take a look at these meme coins, and how dangerous they really are, because you can get a ton of them. Like Shiba Inu, my friend George, he had a ton of those, and he got out right before the big crash because of Italic. I asked him, why did he do it? He's like, oh, I found another S coin that looked more attractive. No theory of why. He just did it, and then he got lucky. That's really what it comes down to, but there's a lot of people who aren't getting lucky, which comes down to this. So, Italic Buterin moves $1.3 billion worth of ether. What's going on? So, Italic Buterin has moved a ton of ether, almost all of his holdings from his main public address to a separate wallet, until approximately six hours ago, and this was written on yesterday at 7 p.m. almost. So, that would be yesterday around high noon, about 24 hours ago. The wallet held more than 320,000 ether. Wow. At 1.18 p.m. Eastern Standard Time, the Ethereum investor transferred 325,000 ether to a separate contract address, created only a day ago. Now, Buterin did donate more than $1 billion worth of different crypto to India COVID Relief Fund, and appears to be the largest transfer of his ETH holdings today. But that's totally separate. That's totally separate because he was donated to that. He was given that by, I guess, the founder or co-founder, which leaves us into this story of why he did it. I personally think it's a great thing because India is getting crushed right now with COVID-19. They are running out of oxygen. They can't even help the people who are drowning because of all the secretions that are building up, the ronkai and the wheezing and then everything else that accumulates in these pulmonary canals and the alveoli just getting crushed in the lungs because of the COVID-19 infection. So, what he's doing? Great. But there's a caveat. So, Ethereum's Buterin took control of a stack of Shiba Inu, a Dogecoin, an ERC-20 token. Donated more than $1 billion worth of the currency to India's crypto-COVID Relief Fund. That's great. Hopefully, money can be that thing. Money doesn't make the world go round. Let's just be honest. But to get that much money and get into the supplies that you actually need and the things that you can actually use, I think it's going to be a big waste at some point, but it's a good thing. And we should all donate. We should all do what we can when we can. And that's just the God's honest truth. But on one part, Buterin all sold Akita and Dojalon, other similar currencies causing a slight of market prices. So, yeah, some people lost some money. Some people got crushed, but it did go to help out people. That's a great thing. Here's the caveat. So, he donated 10% of a Shiba Inu stack to India's crypto-relief fund. So, I wanted to make sure I was reading this correctly because when I took a look and I'm like, hold on, wait, was it a billion of the Shiba Inu tokens or was it a billion dollars worth? And it was a billion dollars worth of tokens, not a billion tokens, which is nothing in the Shiba Inu. I think it's like almost they have like, I want to say almost a trillion, maybe 560 billion, somewhere around there. So, he took a billion dollars worth. So, if that's 10% of his total, that means he's got 9 billion more just sitting around. 9 billion worth. However many tokens at is that Vitalik is a huge whale. And this is the concerning part. These dogecoin years between tokens were given to him to burn them under the assumption he wouldn't touch them or sell them. However, against all popular belief, Bearden decided to put these funds to good use. So there you go. So you got on one side going, you know what, this could help a lot of people, other people this could crash the market. He's like, you know what, we'll crash it for a bit and then we'll deal with the ramifications later. I'm not here to debate that. That is a lofty debate about what should be. I personally think it's a great thing he did. People are going to get crushed financially. Sorry for you. It could go round and round. I don't want to go into it, but it just makes me think and this is the thing that I worry about with these meme coins. And people are always like, you don't understand. That's the new economy, memes and entertainment and this is what's going to drive everything for cryptocurrency. And I'm like, no, no, I just can't believe that. I just can't, especially when you have all these whales that are really pulling the strings of the puppets. You can disagree with me all you want to and you can do whatever you want to. This is not financial advice, financial opinion. It's up to you. This is another thing. A mysterious dogecoin whale owns 22 billion of the meme-inspired crypto. And this is a warning by Elon Musk because he said back in February, this is the biggest problem with dogecoin. A single digital wallet currently owns 36 billion dogecoin or 28% of the crypto's entire supply. Do you want someone who has a fourth of everything in dogecoin to be the puppet master? Whoever that is, whoever that is, I don't know. But if you feel comfortable with that, then you should invest in a dogecoin. Have fun at it. And just so you know, this was written on May 8th. So don't think too much has changed. And in honesty, I think with the dip and then it went down, I bet that wallet probably has a heck of a lot more. So let me know what you think in the comments section. This to me is a dangerous game people are playing and they can do whatever they want. There's lots of money being made. There's lots of bag holders on the sidelines. So that's it for that piece. Let me know what you think, move on to our next. So first of all, I want to say thank you to my sponsor who is unstoppable domains. We don't do many sponsor posts, but I thought this was pretty interesting. Zaji reached out to me, Zaji Reyes and said, hey, we're doing this, this great thing. And it's really big news and it is big news. It's huge. So finally, you can have your dot crypto website, which is an NFT, can actually be rendered on Brave browser. And I think this is fantastic. The browsers that actually make it are the ones that are actually going to be actually improving. So just so you know, but watch this little graphic right here. This is cool. So you can put in whatever your dot crypto and it just renders it perfectly. You can do it on desktop. You can do it on mobile, which is Android and also Apple. And I think it's pretty awesome that this is actually able to be done. And I'm going to real quick, we're going to talk to my Mad. I'm going to go here, Brad Cam, Brad Cam. And he's the founder and he's going to tell us exactly how long this actually took and how you can actually create your own website. So let's jump into the interview. So let me introduce you to Brad Cam. He is that one of the founders of Unstoppable Domains and he's going to just talk about quickly about, you know, first of all, how the heck, how long did that take to get this actually done and how you can actually build your websites? Because for a lot of us, we're in the old school system of, you know, going to like a GoDaddy buying a domain and then using like some type of website builder. So Brad, thanks for coming on. Help us figure this whole thing out. Of course, thanks for having me. So yes, I guess, you know, first of all, big picture. So Brave integrated and added support for Docker Domains. And what this means is that you can just type them in. You can just type in Brad.crypto and check out my website. There's no kind of weird extension. No other trick. It's kind of a big deal for the internet in general. Over the past 30 years, there's really been just this one set of DNS system. And that's been it. There really hasn't been any alternatives. Blockchain DNS as an idea has been out there since probably 2013. This is kind of the first time that it's broken through and actually gotten support in browsers because, hey, if it's on the blockchain, who cares if you can't find it, you can't actually use it. And so browsers have this kind of superpower in this world because they actually need to decide to support a new domain name system. It's not like traditional DNS where just default works everywhere and everyone's relying on the same thing. So they made this conscious decision to be a leader in this space. And yeah, it took quite a while. It's a pretty big integration from a technical perspective. But they have been leaders in integrating blockchains into the browser for years. They kind of pioneered this. And then this is just one more step on their path. Isn't that crazy? We always showed this graphic. And I think I'll pull it up in a bit and I'll splice it in. But it takes a look at the top browsers over time. And you can see a Netscape navigator and how it just gets overrun by something else and AOL. And then all of a sudden, you see Google Chrome come in. And then you see all these different ones. I mean, Chrome is still one of the bigger ones. But Brave, I think the ones that make it are the ones that innovate and they push things forward. So I can see a lot of big things happening on with Brave. So kudos to you guys for making this actually happen. How long did this take to get this done? Ooh, I think we've been talking about it for almost a year. But I think the actual work was probably about three or four months. Candidly, this is mostly work on their team's end. The tools that we built, we've been building over the course of years. And so it's really their heavy lift, their hard work, their glory. Yeah, well, they're doing good things. That's Brave is the only one I use unless I want to do things like on my bank because sometimes there's like an issue with that. But besides that, everything that you guys see at home when I'm talking about the news stories, it's always on Brave browser. And that's just how, because it just makes sense to me. Okay, so we got that, but talk to us about like, because like me, I'm old school. I use the old type of tools. I have a many a dot crypto. And I think I've got one dot zil NFT domain. But how do we build on it? How do we do that? How do we make an actual website? So it's not like traditional websites. What you're doing is you're storing one decentralized storage networks like IPFS. And what this gets you is this gets you a website that only you can put up or take down because you control the domain name. You point the domain name to whatever you want. That content is stored by like hundreds of different people all over the world. And that's what prevents your website from just being turned off. So completely new security model for the internet. The way it works right now is I've got my hide.com domain. I stored inside a GoDaddy. GoDaddy can turn me off or they can get hacked and tricked into giving my domain to someone else, which happened in November, 2020. It was this big giant, big giant scandal. So all of those problems go away. Now we did introduce a new problem, which is that now we need new website tools. So like for example, you mentioned WordPress and things like that. That stuff doesn't default work for decentralized websites. So we built some very simple templates. These are for like non-technical users. You know, profile pages, blog, and we just built this NFT art gallery. So that's what I actually have up at Brad.Crypto right now. So if you own some, if you have an NFT art collection, it's a couple of clicks. And what it does is it's like a verified collection. So it'll go in and it'll check in your wallet. It'll see what digital items you own. And then it will put that up as a website on your domain. So you know when you're checking out Brad.Crypto that I am both the owner of the domain and the owner of the art that you're seeing. So it's kind of like this, you have this like 100% confidence that the owner of the website is also the owner of the stuff you're seeing. So that's the cool kind of new feature you get out of decentralized web as you get these kind of, you get this confidence about what you're seeing. But just kind of a step back, like these are very simple templates, very early days. You as a developer can build whatever you want. People are building all kinds of complicated apps. But that might require development skills. If you're not a developer, you're gonna need to use some sort of a template like a decentralized web version of Wix or WordPress or whatever. Now, I think the WordPresses of the world are also going to make it easier over time for you to launch these types of websites. But the first thing that needs to happen is as the crypto users start using them, then there's enough demand, then these bigger apps kind of come in and help make it easier on us. So we're like 1996 internet days. That's what I tell people. It's like we're kind of rewinding the clock back to the basics, but you're in control and now we can build on top of that. Yeah, can you imagine that? I mean, I see a business, I see nothing but opportunity bound, right? I mean, if you are a developer and you want to build like templates, you could be the new Wix, you could be the new optimized press and you could do all these things and just get on the ground floor and then scale from there. I think that would only make sense. And then I think the other great thing is that like every year I'm paying for all my domains, every single year off of GoDaddy, I think I have another one, but in here that doesn't exist. It's a one-time thing. And then you own that NFT, you own that domain and then off you go. So there is no more fees per se I'm aware of. And it's also just about, it's about ownership. So in the traditional domain world, you're renting. And you have to worry like, what is the registry going to do in the future? Could they change prices on me? Could they change some other kind of rules? Could they get hacked? Did they decide that I don't deserve to own this domain anymore? Like there was a big dispute over France.com. It had been owned by this one guy for like 20 something years. And then France decided they wanted it. And they had this, they created this, there was a big long court fight or whatever and they wound up taking it from him. Even though like they don't have any specific rights to France.com as a, that would be considered a generic term in terms of in the internet world. And yet that happens. So here, like by the domain, that domain is stored inside of your wallet. Someone's going to need to go, you know, wrestle your phone out of your hand because that's where your private key is in order to go and get that domain. That's the new security model. And you don't need to worry about what a sample of domains is doing. There's no way for us to change prices on you in the future. It's yours. If we were to go out of business, doesn't matter. You, you still have the domain in your wallet. You're still relying on the blockchain. So it's just a completely different relationship. It's, it's much more like, you know, it's almost, you know, like, like us selling you like a, I don't know, like a, like a, like a football or something. Like you don't need to care about your relationship with the creator of the football after you have bought it. Like it's yours now, whatever you want with it. It's more like that. Yeah, that's crazy. I mean, well, I mean, back to the story. I can see like France.gov with France.com. It seems like, well, that's a, that's a.com, whatever. What do you want to do? Okay. That's all you. And then, two things. First of all, the different NFTs. This is all, I can't remember. Are these all ERC-20 NFTs? ERC-21s, yeah. So it's very... It's a similar format to same format as, you know, most of the collectibles that you would see out there. Most of the digital art, you know, the crypto kitties and all of that sort of stuff. That's all, that's all using the ERC-721 standard or something close to it. And the reason why everyone's using those standards is, is because it makes it really easy, perhaps to support domains. So without us having to do any kind of integrations, just by launching on day one, you can store the domains inside a Coinbase wallet and they show up very clean and very easily. And you can, you can do things with them. You can send them, et cetera. They show up inside of OpenC and you can trade them freely. All that stuff just kind of happens without an integration because you use those standards. And that's the reason why everyone's kind of piling into them. Yeah, I got you. And then, and then lastly, Brad, I hate to ask you, but could you show us exactly where those templates are? So like people at home are like, okay, I can get ready. I can get going and they just kind of see it. And I think I've already integrated the share screen option on your end. So if you could, that'd be great. Yeah, cause people, cause people like, people always ask me like, well, that was awesome. Where do you get it? And you always got to show people, I think. Yeah, totally, totally. So I think there's, there's probably two things to show here. And one of those is, here we go. So the first thing is that if you're inside the app, you can go right here to my websites when you're logged in and you can see a whole bunch of different types. Okay, okay. And there's one other really cool one that I think is worth checking out. And that is this, this NFTR collection one. And this is that NFT dash collection. It's sort of a special, special campaign. And this is the one I was mentioning where with just a couple of clicks, you can go and you can check out, you can check out a website. Nice, brad.crypto. It's my little, my little NFT stash here. Yeah, I've got, I've got danteaches.crypto. I'll probably have to, to move it over. Nice. And I should do it. Okay, so that's where we find it. That's where we got it at. Okay, makes sense. That is it. I think Brad, thanks for showing us the nitty gritty and how much time it actually took and how much it's I think gonna propel us forward as time moves on. So for you watching home, if you're looking to get your first dot crypto or dot zill domain, the link is the first link in the description below. So go over there, head on out. And as a reminder, in the nineties, that's what everybody used to do. It would buy up every dot com to get their grubby little hands on. And that's kind of what I did. I own quite a bit. So I leave it up to you to figure out which one is for you, not financial advice, financial opinion. Brad, thanks for coming on. Any last words of wisdom for anybody out there looking to do these things? I would just start playing around. You know, like that's, that's kind of the beauty of being you know, if you're, if you're watching this, you're, you're a really crypto, you're a really crypto adopter. So best, best way to learn how this stuff works is to play with it. Yeah, makes sense to me. Just get out there and do it. All right, everybody, if you liked the video, give it a thumbs up, consider subscribing, all that great stuff. And Brad, thanks again. So I hope that made a lot of sense. Brad, thanks for coming on. I appreciate it again. Thanks to Unstoppable Domains for this sponsored post. We really appreciate it. Let's move on to our last piece, which is IRS is going to seize crypto assets. So if you're not a US resident, this does nothing to do with you. But I've always said that first of all, we're going to see a dip in prices because taxes are coming up on May 17th. It is May 13th. We've got four days, people, if you think people pay taxes early, they don't, they wait till the last minute. So just expect a little bit more of a sell-off. This is what's going on. Robert Wehring, Deputy Associate Chief Counsel of the IRS told the virtual conference Wednesday that crypto can be seized in the event of a failure to pay taxes just like other properties. So people were asking me like, well, who cares? If they're going to take it from me, they're going to take it from me. But here's the thing. If you don't pay your taxes, you don't follow your taxes. It's not that you didn't pay. It's also the fact that you're going to have fees. You're going to have penalties. So if you owe like $1,000, they could just put on another $3,000 or $4,000. So if you were going to, if the fee was $1,000, that's only a quarter of an Ethereum. Well, not now, not that it went down. So let's say you have to pay $4,000. Now you just lost your whole Ethereum. So do your taxes. Makes a lot easier than off you go. So there's two choices for you, okay? Don't pay taxes and that's fine. You already want to, I'm not your dad. But if you want to pay taxes, first of all, no one wants to pay taxes. If you want to fill out your tax forms, do what I do, use CryptoTrader.tax. Very simple. I made a video to walk you through the whole thing. It's 15 minutes long. Link in the description to get 20% off. Very simple from the time I signed up. The time I got it done takes me 30 minutes. Very simple. And if you don't want to actually pay taxes and you like your gains, take a look at I Trust Capital. I made a video about that 23 minutes long. I go over what is a traditional IRA, a SEP IRA, a Roth IRA. So if you have a 401K, a 403B, a TSP, or any type of thing you want to roll over, they can also do that. Also in Q4, you can, well, no, sorry, Q3 coming up, all the different gains that you have from your Crypto. Obviously you don't pay tax on that. And you can stake your Cardano and your Polkadot and your Ethereum and those rewards are also not taxed. So you get to do a twofer. So good for you. Anyhow, that's it for today. So look, thanks for sticking with me all the way to the end. I appreciate it. If you like this type of video, give it a thumbs up. Also consider subscribing. We do videos every single day. A lot of things are time sensitive and that's it for this one. So thanks so much for stopping by. I appreciate it and I'll see you on the next one.