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Iran Likely Source Of Recent GPS Spoofing Uptick, USAF Says – Aviation Week

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Iran is likely the source of a recent uptick in navigation failures caused by spoofing of GPS receivers in commercial aircraft near its borders, the head of U.S. Air Forces in the region said on Oct. 4. The closer you get to Iran, the more clear it is to me that its probably the Iranians who are...

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Iran Likely Source Of Recent GPS Spoofing Uptick, USAF Says - Aviation Week

Ex-BlackRock Director Says SEC Will Approve a Bitcoin ETF in ‘3 to 6 Months’ – Decrypt

Former BlackRock managing director Steven Schoenfield, whos now the CEO of MarketVector Indexes, gives the U.S. Securities and Exchange Commission three to six months before it approves a Bitcoin spot ETF.

Schoenfield gave his estimate during a panel discussion on ETFs at CCDatas Digital Asset Summit in London yesterday, where he was joined by another ex-BlackRock director Martin Bednall, now CEO of Jacobi Asset Management.

Schoenfield was responding to comments made earlier by Bednall that the SEC will probably approve [all ETF applications] at the same time; I dont think they want to give anybody first mover advantage.

Previously the MarketVector CEO said he would have given the industry nine to twelve months before an approval, but the SECs recent decision to delay giving verdicts on several pending ETF applications is unlike previous delaying tactics by the regulator.

Instead of completely rejecting the whole list, they've asked for comments, which is a marginal but significant improvement in the dialogue, says Shoenfield. There's also the Grayscale lawsuit, which the SEC lost, which means they're most likely going to have to allow the Grayscale Bitcoin Trust to be converted into an ETF.

Through its pending ETF application, traditional finances top asset manager, BlackRockshepherding $9.42 trillion in assets-under-management (AUM)seems the likeliest contender to get a Bitcoin spot ETF approved.

After all, it has a winning score of 575-1 when it comes to getting ETFs through the SEC.

Nobody would have seen it coming back in 2017 when BlackRock chief Larry Fink called Bitcoin an index of money laundering.

Fast forward to summer 2023: Fink appeared on FOX News and said that crypto is digitizing gold in many ways.

During CCDatas panel discussion in London yesterday, Martin Bednall said he believes in any case that the traditional financial muscle, in terms of both brand and resources, will give BlackRock a first-mover advantage should the SEC decide to start approving Bitcoin spot ETFs.

Shoenfield was more temperate in his views about their former companys foray into crypto.

I disagree with my former colleague Martin. As much as Blackrock will try to crush the competition, there's a good half dozen, maybe eight or nine, other firms deeply committed to tradable digital assets," he said. "They've all got applications in and some are actually much closer to the crypto ecosystem than than BlackRock. So I think Blackrock will be in for quite a fight.

He later added that his company has run the numbers and believes spot ETF approval may result in a $150 to $200 billion inflow into Bitcoin investment products over three years, which would double or triple the amount of AUM in current Bitcoin products.

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Ex-BlackRock Director Says SEC Will Approve a Bitcoin ETF in '3 to 6 Months' - Decrypt

Time to ‘pull the brakes’ on Ethereum and rotate back to Bitcoin: K33 report – Cointelegraph

The relatively lackluster performance of nine new Ether (ETH) futures exchange-traded funds (ETFs) has prompted analysts at K33 Research to urge a rotate back into Bitcoin (BTC).

In an Oct. 3 market report, analysts Anders Helseth and Vetle Lunde said that its time to pull the brakes on ETH and rotate back into BTC, with the initial trading volume of Ether futures ETFs only accounting for 0.2% of what the ProShares Bitcoin Strategy ETF (BITO) amassed on its first day of trading in October 2021.

While the analysts noted that no one expected to see initial trading volume on the Ether futures ETFs come anywhere close to that of the Bitcoin futures ETFs launched amid a raging bull market the underwhelming first-day numbers strongly missed expectations.

This lack of institutional appetite for Ether ETFs caused Lunde to walk back on his previous advice of increasing ETH allocation to best capitalize on the ETF hype.

The ETH futures ETF launch provides an important lesson for evaluating the impact of easier access to crypto investments for traditional investors: increased institutional access will only create buying pressure if significant unsatiated demand exists, wrote Lunde.

In the section of the report titled More chop ahead, Lunde explained that the vast majority of the crypto market lacks any meaningful short-term price catalysts and will most likely continue on its sideways trajectory for the foreseeable future.

Related: Bitcoin bull market awaits as US faces bear steepener Arthur Hayes

In Lundes view, this landscape is only really favorable for Bitcoin, which has a potential spot for ETF approval to look forward to early next year, as well as thehalving event, which is currentlyon track for mid-April.

Ben Laidler, global markets strategist at eToro, charted a similar path ahead for crypto assets, albeit with a slightly more bearish sentiment.

In emailed comments to Cointelegraph, Laidler pointed to current macro trends as a potential downward trigger for prices of mainstay crypto assets such as Bitcoin.

The Fed and oil prices have been consistently powerful macro influencers on the crypto market in the past couple of years, wrote Laidler. At the late stage of the rate hike cycle were in, the market is looking for further good news to push on, but with oil prices rising again, this could have a cooling effect on sentiment.

Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.

Magazine: Blockchain detectives Mt. Gox collapse saw birth of Chainalysis

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Time to 'pull the brakes' on Ethereum and rotate back to Bitcoin: K33 report - Cointelegraph

The Political Effects of the 1979 Iranian Revolution – The Collector

A photo of Ayatollah Khomeini is hoisted above a protest during the 1979 Iranian Revolution, via Arab News

The 1979 Iranian Revolution transformed Irans governmental landscape. For much of its history, Iran was ruled by monarchs, beginning as far back as the Median Empire of the seventh century BCE. Immediately before the revolution, Iran was controlled by another monarchical dynasty, the Pahlavi Shahs. Pahlavi Iran was aligned heavily with Western powers, was often an authoritarian government, and ignored Irans Shia identity, thus paving the way for revolution. Here are the political effects of the 1979 Iranian Revolution.

Monarchy in Iran had a long and storied history by the time the Pahlavi Dynasty came to power. The tales of ancient Persian kings were well-known, and many kings had come after, for better or for worse. The Shah who ruled before the 1979 revolution was Mohammad Reza Pahlavi, installed with help from the United Kingdom in 1953. The coup dtat that helped the Shah gain power overthrew a democratically-elected prime minister and instead once again returned the governance of Iran into the hands of one leader.

In addition to the fact that the Shah had forcibly taken over as the political leader of Iran, he began cultivating relationships with non-Muslim powers, namely the United States. This, along with the White Revolution, in which the Shah aimed to move Iran toward Westernization, alienated and ostracized swaths of Iranians whose political identities were tied to their religious identities.

The Shahs regime was one of contradictions. Socially, he attempted to move Iran toward Western ideals, modernizing the country to keep up with world powers like the United Kingdom and the United States. However, his political power was also one of increasingly dictatorial and oppressive measures.

The Pahlavi dynasty was seen as a lavish, brutal, and corrupt regime that took no measures to allow political freedom outside of the hands of the Shah. This caused upheaval in many social classes, including those of the intelligentsia and the urban working classes. Both liberal ideologues and strict Islamists opposed the Shahs political policies that, in their eyes, essentially made him a puppet of the United States.

Protest events started in the summer of 1978 and developed rapidly until it was obvious that Iran was on the eve of revolution. This was all spurred on by an exiled religious-political leader named Ruhollah Khomeini, a Shia cleric who had led the opposition against the Shahs westernization since 1963.

Khomeini quickly became the figurehead of opposition to the Shahs regime and seemed open to working with the liberal facets of the revolution while maintaining his stance as an Islamist. When the Shah eventually left Iran, he appointed a liberal member of the opposition prime minister. Shahpour Bakhtiar, the provisional prime minister, immediately invited Khomeini back to Iran, intending to build a government structured like the Vatican. Bakhtiar saw himself as the legitimate ruler of Iran and Khomeini as a religious leader.

Khomeini, on the other hand, immediately denounced the government of Bakhtiar on his arrival in Tehran. He was quoted as saying, I shall kick their teeth in. I appoint the government. I appoint the government by support of this nation. As soon as he arrived, he did just that, all but ignoring Bakhtiars government and instead appointing his own prime minister.

Khomeini appointed Mehdi Bazargan to the role of prime minister, and after several violent clashes with Bakhtiars government, Khomeini and Bazargan won the day. Bakhtiar fled to prevent more bloodshed in the revolution, effectively taking the legacy of Irans monarchy with him. Khomeini immediately began his theocracy while attempting to keep up the faade of reforming the Shahs overreaching political power.

Bazargan was a liberal figurehead and eventually resigned based upon Khomeinis desire to make Iran an Islamic Republic based solely on Sharia law. Though the relationship eventually spoiled, Bazargan and Kohmeinis provisional government had won out during the revolutionary period, and the beginning of it is still celebrated every year on February 11.

After the collapse of the monarchy for good, Khomeini and his government immediately established Iran as a theocratic republic. Nationalists and liberals initially supported this, but quickly it became apparent that Khomeini intended to make Iran solely Islamist.

In March 1979, a referendum was held to declare Iran an Islamic Republic. This was followed by referendums to establish a constitution, which gave the provision that Irans Islamic government would be based upon wilayat al-faqih, or Guardianship of the Islamic Jurist. These referendums were largely made up of Khomeinis followers, and they passed easily, making Khomeini the Supreme Leader of Iran.

This governmental structure, the Guardianship of the Islamic Jurist, is based on an absolutist form of Islamic law stipulating that an Islamic Jurist must rule politically and religiously in preparation for the arrival of the infallible Imam. Twelver Shia law, in this case, became the established government of the Islamic Republic of Iran.

According to Khomeini, he was an expert in Sharia law, which contained everything that ruling a state entails. Thus, as its Supreme Leader, Khomeini was simply following religiously pious governance, as any other form of government would lead to sin and injustice. Under Khomeinis ideals, the Supreme Leader became a demi-god, and his rule was equated to religious obedience.

Initially following the revolution, Irans government was overhauled. The monarchy was discarded in favor of a republic that ran under the rule of a Supreme Leader. Irans parliament, the Islamic Consultative Assembly, was established. In addition to parliament, Iran established the Guardian Council, a group of 12 Islamic Jurists and experts in Sharia, who still reserve the right to veto any legislation, supervise elections, and approve or disqualify candidates for elections.

The immediate effect of the revolution was that local, provincial, and national positions became more open to the people of Iran, and several elected bodies of government were given more power than under the Shahs regime. This was, however, because every office was highly regulated by the Supreme Leader and his Guardian Council. Elections were held for several positions, but those that held the most power, the Supreme Leader and Guardian Council, were solely held by appointment. This was, ironically, not necessarily different from the monarchical rule of the Shah, but under the terms of a theocracy.

Immediately following the revolution, several organs of the Shahs government were dismantled in favor of the republican system, but only one political party was established and legalized. The Islamic Republican Party was essentially an arm of power exercised by Khomeini, as it was focused solely on upholding his power and supporting his policies. This was enforced by the partys considerable clerical membership, as well as its disdain for any liberalism in the Iranian government. It was dissolved in 1987 because Khomeini assumed he had eliminated any loyalty toward liberal or reformist government.

Other effects domestically took the form, for the most part, of strict suppression and loyalty to God by way of loyalty to the Supreme Leader. All non-Islamist operations, including newspapers, movies, audio recordings, and cultural groups, were either outright forbidden or subject to censorship. Following the revolution, the Islamic Republic of Iran squashed rebellion with violence and forcible silence and kept the opposition out of the public eye through censorship. This was followed by the people for the most part because, under the theocracy, if they were disobedient to the Supreme Leader, they were disobedient to God.

In theory, women in post-revolutionary Iran were not explicitly excluded from political life, but in practice, the laws created around womens ability to work and the forcible closing of childcare centers meant that they were often pushed out of political life anyway. Several women held leadership roles within the Shahs government, which was reversed by the Republican government. Women could vote if they were of age (16 at the time), but voting in Iran was not free or democratic. As Khomeini said, do not use this term democratic. That is the Western style.

Though the government gave the impression that it would have a more equal distribution of power after the revolution, the republican government simply replaced the Shahs repressive monarchical institutions with repressive theocratic institutions. This made the political landscape of Iran one of secrecy and based heavily on the religious elite for years to come.

After the 1979 revolution, foreign relations soured quickly for Iran. Naturally, with situations like the Iran Hostage Crisis as well as Khomeinis distaste for all things Western, relations with countries like the United States and Canada were completely severed. After the hostage crisis, several European countries imposed sanctions on Iran in a show of solidarity with the United States. The United Kingdom, as well, completely cut diplomatic ties with Iran. Iran adopted an anti-Zionist policy, which also severed its relationship with Israel.

Despite the political severance with nearly all other Western nations, Iran enjoyed a close relationship with Switzerland, which was not a part of the European Economic Community, nor a member of NATO. Switzerland had a unique position in being able to do business with Iran and retain their embassy in Tehran, but also to serve as a middleman in relations between the United States and Iran.

One of the most significant international effects of the Iranian Revolution was the Iran-Iraq War, which lasted nearly eight years between 1980 and 1988. The war was a spoiling of relations between two countries that had seen periods of intermittent conflict for decades during the 20th century. Irans pan-Islamic ideology clashed with Iraqs more secular Arab nationalism. Khomeini called for an overthrow of Iraqs secular Baath government, as it was against the fundamentalist Shia movement in Iraq. To Saddam Hussein, this seemed like meddling in the domestic affairs of his country, and, along with border skirmishes that had been ongoing for some time, it gave him reason enough to see Iran as an enemy.

The end of the war was facilitated by United Nations Peacekeepers in Geneva, Switzerland. Both sides had lost considerable amounts of people, numbering at least one to two million. Though Iran claimed that the war was a victory for the Islamic Republic against nationalism, most scholars consider the war a stalemate that cost both nations significantly, both in money and lives.

After the death of Khomeini, several political reformers sought to better the oppressive and restricted system of government in Iran, but many attempts at reform failed, and today Irans political system is still largely in the hands of the Guardian Council and the Supreme Leader.

Khomeinis successor, Ali Khamenei, has been in power since his predecessor died in 1989. His regime saw the increase in power of different political factions, namely the principalists (a rebrand of the Islamic Republic Party) and the reformists. Though several different factions are allowed to participate in government, the main politicians in Iran must still be approved by the Guardian Council. There is a perceived ability for the people to elect their leaders, but every politician in Iran must still adhere to the preservation of the Shia Islamic Republic and uphold the ideals of Khomeinis initial constitution.

Political oppression is still alive and well in Iran. Though many reform groups have cropped up, and political protests are common, any opposition to the establishment of the Supreme Leader is still harshly dealt with. Censorship laws and moral conduct are facets of the everyday lives of Iranians, and many of these policies are enforced by the Revolutionary Guard, whose job is to uphold the ideals of the revolution, and the Guidance Patrol (better known as the morality police). Though the number of protests has significantly increased in the past few decades, the theocratic regime has effectively silenced all opposition through its law enforcement. This has led to the deaths of thousands of protestors and opponents of the government.

Irans government is still considered one of the worst concerning human rights, especially recently, wherein many laws overlooked by the previous president were reinforced by Ebrahim Raisi, who came to power in 2021. Recently, however, the enforcement of Sharia has been put on hold. Irans recent protests over the death of Mahsa Amini while in custody resulted in a crackdown and violent retribution from the morality police.

This violence was once again met with protests by women, principally those in cosmopolitan centers like Tehran, who have since refused to cover their hair. Since the protests began in the autumn of 2022, women have been detained or harassed for refusing to follow the law, and it is thought that there is a debate in government about how to deal with the protestors. Whether this will result in governmental reform is up for debate, but many are optimistic that since the protests of 2022 were some of the largest in a decade, the government will reconsider its draconian political enforcement of morality.

Several deeply complex contradictions exist in the Iranian political sphere. The 1979 revolution ushered in a regime that was like a different side of the same coin. While the Guardian Council and Supreme Leader still control virtually all aspects of Iranian politics, just as the Shah did before them, the countrys political sphere is changing. Just as the protests in the 1970s called for an end to the Shahs reign, todays political demonstrations call for the end of the republic. It should not be understated that the political effects of the revolution were grave and led to unrest within Iran. Today, a younger generation is still feeling the repercussions and is increasingly willing to go against the government.

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The Political Effects of the 1979 Iranian Revolution - The Collector

Has Bitcoin Creator Satoshi Nakamoto Returned? – BeInCrypto

After five years of inactivity, an X (formerly Twitter) account with the handle @satoshi posts about Bitcoin.Although no one knows who controls this account, the community is in an uproar, and Bitcoin SV (BSV) skyrocketed by 30%. Is Satoshi Nakamoto back?

Since Satoshi Nakamotos disappearance in 2008, there has been much speculation about the true identity of the Bitcoin inventor.Even Elon Musk and Steve Jobs were suspected to be behind this mysterious figure, but no one could prove it.

On October 2, there was a surprise for thecryptocommunity.The X account @satoshi, which has been inactive since 2018, broke its silence and wrote a post.It said:

Bitcoin is a predicate machine. Over the following months, we shall explore different aspects that were not explicitly contained within the white paper. These aspects are all parts of bitcoin, and are important. Some of these ideas were touched upon in the early years; now is the time to extrapolate and explain.

Bypredicate machine,the author of this tweet probably refers to the fact that thecryptocurrencyworks exclusively with truth values and does not allow manipulation.

In response to this tweet,BSVexperienced an explosiveprice increase of 30% on October 2 and the following day, outperforming Bitcoin andEthereum.

Read more: Satoshi Nakamoto Who is the Founder of Bitcoin?

But could Nakamoto actually be behind this account?Unsurprisingly, this tweet sparked renewed speculation about his true identity.

Former nChain CEO Christen Ager-Hanssen claimed thatCraig Wright controlled the account. After all, he had often posed as Satoshi Nakamoto.

Andy Rowe was also associated with the account but distanced himself and stated that he was not Nakamoto. He wrote:

No, I am not @satoshi. The only scam Ive ever perpetrated was advocating for unbounded blocks. That is forbidden in the permissionless world of crypto.

It is still unclear who is really behind the X account, butBSV, which spun off from Bitcoin Cash in 2018, plays a central role in this identity drama.The development of the hard fork was led by Wright, who wanted to restore the blockchains original protocol.

He believes that the vision back then differed greatly from the implementation today.

Read more: 8 Best Bitcoin Cash (BCH) Wallets in 2023

Amidst this controversy, the Satoshi account made a new post on October 3. It wrote:

Bitcoin was created for everyone. The next halving is an important predicted occurrence when transaction fees are meant to start to supplant the mining subsidy.

There are many who do not want you to know the truth. It is not that they want to silence this account. They want to silence you. 2024 is the year of the Dragon.

Do you have anything to say about Bitcoin creator Satoshi Nakamotos account or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter).

For BeInCryptos latest Bitcoin (BTC) analysis, click here.

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

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Has Bitcoin Creator Satoshi Nakamoto Returned? - BeInCrypto