In this week’s show, Cointelegraph resident experts decide which layer-one protocol is more likely to rise above the rest in 2022. Join Cointelegraph host and analyst Benton Yaun alongside market analysts Jordan Finneseth and Sam Bourgi as they pick their favored layer-one protocols for 2022. Will it be Velas ($VLX), which is currently the fastest blockchain when it comes to transactions, Avalanche (AVAX), with its substantial VC backing, fast transactions and low gas fees, or Cosmos (ATOM), a platform focused on interoperability. Let us know which project you think has…
Day: January 10, 2022
Law Decoded: Looking ahead to 2022, Jan. 3–10
By all appearances, we are in for a busy year in crypto regulation and policymaking. As Alex Tapscott put it, 2021 was the year when many governments and lawmakers began to finally wake up to the transformational potential of blockchain technology. Indeed, crypto’s global mainstreaming and growing market capitalization have made it difficult for the agents of power to ignore it and have rendered it a salient economic, social and political issue across many key jurisdictions. By all appearances, we are in for a busy year in crypto regulation and…
Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom
Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come with discouraging movements for investors as over $500 billion has been wiped off the market. This has sent bitcoin’s price down to the dreaded $40,000 price range. One question that remains in the mind of investors is, has the market seen the bitcoin bottom? Billionaire Mike Novogratz attempts to answer this as he puts forwards his thoughts on the issue…
Moving Value From Centralized Exchanges to a Private Wallet? Go to wARRR
Privacy coins certainly have their use cases. What they haven’t had until recently is a way to acquire or divest these tokens untraced. It’s like having a speed-limitless autobahn rolling out straight and flat ahead of you, but with a police cruiser at every on- and off-ramp. “If someone knows of one transaction you made on a centralized exchange, they can find out almost every trade you ever made,” warns the pseudonymous Draeth, captain of the all-volunteer team who developed Pirate Chain. Draeth’s project, which is informed by earlier work…
From McDonald’s Burger-flipper To Crypto Billionaire, Binance CEO Ranks 11th Among World’s Richest
Changpeng Zhao, a former McDonald’s employee and the CEO of Binance, the world’s largest cryptocurrency exchange, is the world’s richest crypto billionaire. His net worth comparable to that of top tech tycoons such as Elon Musk, Jeff Bezos, Bill Gates, Mark Zuckerberg, Larry Ellison, and others. Binance CEO Is Worth $96 Billion According to a recent report by Bloomberg, Binance CEO, Changpeng Zhao’s net worth is $96 billion. Zhao’s riches might be even bigger, given the wealth estimate excludes his personal crypto assets, which include Bitcoin and his company’s own…
What Are Privacy Coins and Are They Legal?
Monero is one of the only privacy coins that is private by default. Unlike Zcash, you can’t turn its privacy functions off. To hide transaction data, Monero uses one-time-use “stealth addresses” for each transaction; “ring signatures”, which group genuine transactions with old “decoy” transactions to make it difficult to work out which transaction is legitimate, and “ringCT”, which hides the amount of Monero sent in a transaction. Source
Disney Moves Toward the Metaverse With Approved US Patent to Create a ‘Virtual-World Simulator’ – Metaverse Bitcoin News
A recently discovered patent shows the American multinational entertainment and media conglomerate, Walt Disney Company, was approved by the United States Patent and Trademark Office (USPTO) for a “virtual-world simulator” patent. The simulator is composed of a “three-dimensional (3D) map of the geometry of the real-world venue.” Disney’s Virtual-World Simulator Patent Follows Bob Chapek’s Discussion About the Disney Metaverse Disney’s interest in the metaverse and blockchain technology has been showing recently as a recent patent approved at the end of December reveals the entertainment giant filed for a “virtual-world simulator”…
Bitcoin’s Slump Is Good for Crypto Miners Long-Term, Jefferies Analyst Says
When bitcoin prices continue to drop, smaller miners with higher electricity costs often reduce their operations, which will probably help publicly listed North American miners pick up “meaningful” market share, analyst Jonathan Petersen said in a note. Source
Billionaire investor Bill Miller puts 50% of net worth in Bitcoin
Investor Bill Miller is bullish on Bitcoin (BTC) despite the cryptocurrency touching multi-month lows below $40,000 in early January 2022. Miller no longer considers himself just a “Bitcoin observer” but rather a real Bitcoin bull, as he said in a WealthTrack interview last Friday. The billionaire investor now holds 50% of his net worth in Bitcoin and related investments in major industry firms like Michael Saylor’s MicroStrategy and BTC mining firm Stronghold Digital Mining. An early Amazon investor, Miller owns almost 100% of the rest of his portfolio in Amazon,…
CGV Research | Why Solana May Become the iOS of the Encrypted World?
If you have an iPhone and happen to be a fan or active participant of Solana’s systems and apps, you may feel a sense of deja vu when you use them separately at many moments. Do Solana and iOS have a lot in common? It just seems like a hunch. However, after analyzing and comparing the two carefully from the historical and current perspectives, I got an astonishing finding: the previous intuition may be incredibly close to some type of truth. Moreover, a bold prediction came to my mind: one…