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...

PREMIUM — Jack Dorsey on Web 5: “Never Mind”
Jack Dorsey, renowned tech entrepreneur and former CEO of X (Twitter), has officially called it quits on his much-hyped project, "Web5." The enigmatic venture had been shrouded in secrecy, sparking curiosity and speculation within the tech community.


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...

PREMIUM — Jack Dorsey on Web 5: “Never Mind”
Jack Dorsey, renowned tech entrepreneur and former CEO of X (Twitter), has officially called it quits on his much-hyped project, "Web5." The enigmatic venture had been shrouded in secrecy, sparking curiosity and speculation within the tech community.
SAN FRANCISCO — 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 you can say whatever you want, declare it as fact, and you don’t need to support it with a single piece of evidence. I’ve been practicing zK my whole career.”
To discuss the practice of zK, Musk invited GOP presidential primary loser Vivek Ramaswamy and adult store loiterer Alex Jones to an X Spaces event. Both Jones and Ramaswamy are avid practitioners of zK, according to Musk. “My boy Alex has used zK to prove chemicals in the water are making frogs gay, and Vivek used it to prove white people are being replaced by minorities,” Musk stated. “Neither has one iota of truth backing them up. You could say they are zK geniuses.”
Cryptologist Franz Ferdinand claims that “zero knowledge” means something else entirely. “Look, ‘zero knowledge’ actually refers to a cryptographic proof that requires… you know what, never mind. I don’t know why I’m trying to explain this to someone who is still listening to anything that idiot Musk says,” Ferdinand added.
At X headquarters, Musk has ordered his team to start using zK for all aspects of the business, from user data to finances. “Using zK, we can tell the world we have as much money as we want,” Musk exclaimed. “And it’s proven true! Why do we even need accounting software anymore?”
Following the new zK protocol, Musk’s user analytics team estimates that 40 bazillion users will attend the zK X Spaces event on Dec 18.
For more mostly credible web3 news, follow @therugnews on X.

SAN FRANCISCO — 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 you can say whatever you want, declare it as fact, and you don’t need to support it with a single piece of evidence. I’ve been practicing zK my whole career.”
To discuss the practice of zK, Musk invited GOP presidential primary loser Vivek Ramaswamy and adult store loiterer Alex Jones to an X Spaces event. Both Jones and Ramaswamy are avid practitioners of zK, according to Musk. “My boy Alex has used zK to prove chemicals in the water are making frogs gay, and Vivek used it to prove white people are being replaced by minorities,” Musk stated. “Neither has one iota of truth backing them up. You could say they are zK geniuses.”
Cryptologist Franz Ferdinand claims that “zero knowledge” means something else entirely. “Look, ‘zero knowledge’ actually refers to a cryptographic proof that requires… you know what, never mind. I don’t know why I’m trying to explain this to someone who is still listening to anything that idiot Musk says,” Ferdinand added.
At X headquarters, Musk has ordered his team to start using zK for all aspects of the business, from user data to finances. “Using zK, we can tell the world we have as much money as we want,” Musk exclaimed. “And it’s proven true! Why do we even need accounting software anymore?”
Following the new zK protocol, Musk’s user analytics team estimates that 40 bazillion users will attend the zK X Spaces event on Dec 18.
For more mostly credible web3 news, follow @therugnews on X.

Grab the latest crew badge and sew it directly onto your Degen Scouts sash.
Grab the latest crew badge and sew it directly onto your Degen Scouts sash.
The Rug, ZeroMass and Allyn Bryce
The Rug, ZeroMass and Allyn Bryce
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