
Musk Explains Zero Knowledge Proof Means Requiring No Facts
Posting to the near-bankrupt ‘X’ platform he bought and still has no idea how to manage, CEO Elon Musk clarified a little-understood term. “‘Zero knowledge’ or ‘zK’ is pretty simple,” Musk began, “It means...
Cardano Announces Plan to Join ETH Merge | The Rug's Mostly Credible Newsletter #1
Dearest Eyeballs, I am pleased to present The Rug’s First Newsletter, your least bad source of crypto news. Take it as an offering, once a month. For many of our stories, we are the only Web3 news outlet reporting on them! How is it that no one else was willing to cover it when Michael Saylor Insists Baskin-Robbins Has Only One Flavor, or how US President Joe Biden Urges Gas Station Operators to “Migrate to Layer 2 Immediately” in a Bid to Stymie Skyrocketing Gas Prices, and of course heroic feats like Solana Goes Full Day With No Down Time? Our reporters are out there, day after day, breaking news like when OpenSea claimed, “It’s only money laundering if you get caught.”

PREMIUM — Elon Musk Buys 6.9% Stake in The Rug
PALO ALTO — Renowned tech magnate Elon Musk has acquired a substantial 6.9% stake in our esteemed newspaper, solidifying his presence as a significan...

Musk Explains Zero Knowledge Proof Means Requiring No Facts
Posting to the near-bankrupt ‘X’ platform he bought and still has no idea how to manage, CEO Elon Musk clarified a little-understood term. “‘Zero knowledge’ or ‘zK’ is pretty simple,” Musk began, “It means...
Cardano Announces Plan to Join ETH Merge | The Rug's Mostly Credible Newsletter #1
Dearest Eyeballs, I am pleased to present The Rug’s First Newsletter, your least bad source of crypto news. Take it as an offering, once a month. For many of our stories, we are the only Web3 news outlet reporting on them! How is it that no one else was willing to cover it when Michael Saylor Insists Baskin-Robbins Has Only One Flavor, or how US President Joe Biden Urges Gas Station Operators to “Migrate to Layer 2 Immediately” in a Bid to Stymie Skyrocketing Gas Prices, and of course heroic feats like Solana Goes Full Day With No Down Time? Our reporters are out there, day after day, breaking news like when OpenSea claimed, “It’s only money laundering if you get caught.”

PREMIUM — Elon Musk Buys 6.9% Stake in The Rug
PALO ALTO — Renowned tech magnate Elon Musk has acquired a substantial 6.9% stake in our esteemed newspaper, solidifying his presence as a significan...
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PARIS — Ledger announces the launch of Ledger Friends—a brand new product that allows users to send their seed phrase to their two best friends.
“Some of us are just not cut out for seed phrase management,” said Ledger CEO Pascal Gauthier. “We won’t see mass adoption unless we address this fact.”
Ledger wants to emphasize that, like Recover, this product is not for everyone. For example, not everyone has two friends. In that case Ledger has you covered. Ledger employees Stephan and Emilie are happy to be your new “Ledger Friend”.
Ledger announced their newest product today: Ledger Friends. Ledger Friends is a social media network that also serves as a seed phrase recovery service. Connect with your crypto-enthusiast friends. Shitpost, share, connect, and, most importantly, recover your seed phrase, should the need arise.
Ledger Friends will encrypt and DM your seed phrase to up to five of your best friends. What if you don’t have any friends? Don’t worry, Ledger has you covered. For a small fee of $10/month, Ledger will provide you with someone from their fully doxxed Friendship Team to be your Ledger Friend.
Can your friends on Ledger Friends conspire to steal your funds? Technically, yes. But then, were they truly ever your friends? “This is not a flaw within the Ledger Friends model,” insists Pascal Gauthier, CEO of Ledger. “It sounds like you need to make better friends.”
The Ledger Friends release comes at a rough time for Ledger, after a recent malicious code was inserted into the Ledger Connect software allowing the attackers to drain wallets. Ledger hopes Ledger Friends will help build a new, more positive narrative around Ledger and its services.
Ledger Friends will be an optional service for all new Ledger products, and will NOT become mandatory until Q4 of 2024.
For more mostly credible web3 news, follow @therugnews on X.

Grab the latest crew badge and sew it directly onto your Degen Scouts sash.
PARIS — Ledger announces the launch of Ledger Friends—a brand new product that allows users to send their seed phrase to their two best friends.
“Some of us are just not cut out for seed phrase management,” said Ledger CEO Pascal Gauthier. “We won’t see mass adoption unless we address this fact.”
Ledger wants to emphasize that, like Recover, this product is not for everyone. For example, not everyone has two friends. In that case Ledger has you covered. Ledger employees Stephan and Emilie are happy to be your new “Ledger Friend”.
Ledger announced their newest product today: Ledger Friends. Ledger Friends is a social media network that also serves as a seed phrase recovery service. Connect with your crypto-enthusiast friends. Shitpost, share, connect, and, most importantly, recover your seed phrase, should the need arise.
Ledger Friends will encrypt and DM your seed phrase to up to five of your best friends. What if you don’t have any friends? Don’t worry, Ledger has you covered. For a small fee of $10/month, Ledger will provide you with someone from their fully doxxed Friendship Team to be your Ledger Friend.
Can your friends on Ledger Friends conspire to steal your funds? Technically, yes. But then, were they truly ever your friends? “This is not a flaw within the Ledger Friends model,” insists Pascal Gauthier, CEO of Ledger. “It sounds like you need to make better friends.”
The Ledger Friends release comes at a rough time for Ledger, after a recent malicious code was inserted into the Ledger Connect software allowing the attackers to drain wallets. Ledger hopes Ledger Friends will help build a new, more positive narrative around Ledger and its services.
Ledger Friends will be an optional service for all new Ledger products, and will NOT become mandatory until Q4 of 2024.
For more mostly credible web3 news, follow @therugnews on X.

Grab the latest crew badge and sew it directly onto your Degen Scouts sash.
1 comment
TECH — Ledger Introduces "Ledger Friends" "Ledger Friends will encrypt and DM your seed phrase to up to five of your best friends. What if you don’t have any friends? Don’t worry, Ledger has you covered." Check out the full article 👀👇 https://paragraph.xyz/@therugnews/ledger-introduces-ledger-friends