LOOSE CHANGE: MAY 12, 2024

 

Cleaning a Roman Denarius minted in 69 during the year of 4 Emperor's under the authority of Emperor Vitellius.

To read the complete article, see:
Restoring a Ancient Roman Silver Denarius (69 AD) (https://www.youtube.com/watch?v=G75pbPVl4hY)

Coiniverse Ltd, the company behind the Coiniverse app for coin collecting, has introduced a new NFT-based method to verify the ownership of physical coins. The Finland-based Coiniverse has partnered with Trust2Safe Ltd to be the exclusive provider of Trust2Safe's proprietary technology to both coin collectors and world mints. This method of ownership verification had already been available for all purchases sold within the app's Coiniverse Shop, but it is now being expanded to all coins, regardless of where they are obtained.

While proof of ownership is undeniably valuable, the technology will also allow for the transferral of the NFT confirming ownership to new owners, thus providing another way to verify the provenance of a numismatic collectible and cut down on the potential for fraud online.

Mints will also be able to deploy the technology from their end as well, establishing verification of ownership back to the coin's striking.

To read the complete article, see:
Coiniverse App Introduces NFT-Based Coin Ownership Verification (https://coinweek.com/coiniverse-app-introduces-nft-based-coin-ownership-verification/)

Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice.

The disgraced FTX founder has been jailed at Brooklyn's Metropolitan Detention Center as he waits to be transferred to a federal prison to serve a 25-year sentence.

Bankman-Fried was convicted for wire fraud, money laundering and conspiracy last year.

The 32-year-old fallen crypto king said that rice has become one of the currencies of the realm inside MDC, during his first jailhouse interview, given to Puck News.

The arbitrage opportunities (on rice) in jail were better than anything he experienced trading crypto, Bankman-Fried told William D. Cohan during the wide-ranging, 75-minute interview published Thursday.

The renowned vegan also said his diet consists mostly of rice and beans.

Bankman-Fried doesn't sleep well, according to Puck, but mostly because people sometimes bug him during the night about those bags of rice, which they intend to use to barter.

To read the complete article, see:
Sam Bankman-Fried says rice is ‘one of the currencies of the realm' behind bars (https://nypost.com/2024/05/10/business/sam-bankman-fried-says-rice-is-one-of-the-currencies-behind-bars/)

To read the earlier E-Sylum articles, see:
MORE ON NOODLE MONEY IN AMERICAN PRISONS (https://www.coinbooks.org/esylum_v19n35a42.html)
MORE ON NOODLE MONEY IN AMERICAN PRISONS (https://www.coinbooks.org/v20/esylum_v20n09a20.html)

	NBS (coinbooks.org) Web