Video game payment firm Zebedee, which has more than a million bitcoin wallets and is backed by nearly $50 million venture capital, today moved its main ZBD application to Nostr, the rapidly growing decentralized competitor to Twitter. Instead of liking content like on Twitter and Facebook, users of social networks built on the Nostr protocol have sent each other 895,000 “zaps,” or tiny amounts of bitcoin worth $3.6 million.
The move, which ...
For its second consecutive year, the Decentralized Autonomous Organization Friends With Benefits, one of the crypto industry’s most expensive and popular social clubs, gathered in the mountains of California on August 3rd for a weekend of music, tech-savvy talks and assemblies called FWBfest. DAOs continue to grow, in spite of the bear market, and may actually be more popular now than they were during the last crypto market surge. When people ...
It is no secret that a wave of cryptographic applications has emerged from blockchain technology. Some of them have grown into big companies like Fireblocks, StarkWare, zkSync and Immutable, worth hundreds of millions or billions of dollars. The advancement of technology, however, brings with it a variety of acronyms that can be confusing to even seasoned tech enthusiasts. The following are five of the more perplexing acronyms that you may en...
Recent events have raised questions about online censorship and the influence of social media giants. Elon Musk's critique of Mark Zuckerberg's manipulation of the masses through algorithmic control drew attention to the opacity surrounding data usage. Musk's hypothetical scenario - revealing how algorithms manipulate user data - highlights growing concerns about data privacy and content manipulation on centralized platforms. On the other han...
Overview
The consumer price index rose 0.6% in August, its biggest monthly gain in 2023. Gasoline prices, which had a 10.6% jump, were the primary culprit. Despite this seemingly ominous news, stocks, indexes, bitcoin, and other digital asset prices reacted positively in the immediate aftermath - bitcoin broke over $27,000 on September 18th. This somewhat surprising market reaction shows an expectation that the next Federal Open Market Commit...
Chainalysis is laying off approximately 150 employees, or slightly more than 15% of its staff of 900, CEO Michael Gronager told employees in an email Monday evening as the company broadens its retreat from the commercial market while concentrating on more stable government contracting.
This is the second round of cuts for the company, which was valued at $8.6 billion in 2022, this year as last year’s cryptocurrency decline limits commercial ...
Several reports about El Salvador's security policies, economic recovery, bond strength, and even tourism booming due to the influence of bitcoin and its community are part of the news about this Central American country. We had an exclusive interview with vice-president Felix Ulloa to understand this news better.
At the end of July, Bloomberg reported that despite being concerned about the country's adoption of bitcoin as legal tender in 20...
Traditional banking, or “TradFi” in the cryptocurrency world’s vocabulary, is poised to take a bigger position in the cryptocurrency investing and trading infrastructure. For starters, the biggest funds will mostly come from traditional finance, even if some startups blazed the pathway, like Grayscale. They’ll either be bought out like BlackRock’s
BLK
purchase of Barclays’ iShares ETFs, or eventually dwarfed by a collection of newer crypto...
In the face of escalating energy expenses and mounting ecological concerns, the bitcoin mining sector is embracing a wave of innovation. This evolution is not just about survival; it's about pioneering a path to a sustainable and profitable future. Beyond endurance in a challenging market, today's bitcoin miners are flourishing. They're harnessing the power of state-of-the-art cooling solutions and innovative operational tactics to ensure pr...
Donald Trump holds $250,000 to $500,000 of assets in a cryptocurrency wallet, according to a financial disclosure released last month.
The asset, listed on Trump’s disclosure as “cryptocurrency wallet (Ethereum),” appears to be connected to a collection of non-fungible tokens, or NFTs, that he marketed after leaving the White House.
In December 2022, Trump announced that he was releasing a “limited edition collection” of 44,000 NFTs represe...
