Month: January 2022

Web 3.0 Is Too Complicated

One of the most important goals and benefits of the Web 3.0 revolution is for the world’s information technology ecosystems to re-decentralize. The internet, when it started, was a highly decentralized system. Centralized systems have, in time, layered themselves very successfully across this decentralized ecosystem. The economics of the software business and the power of network effects is the foundation for the centralization of the Web 2.0 era, and they are helped along by liberal use of dark patterns on users as well (i.e. Web 2.0 tricks to get people…

Ariane Capital Launches ARBA Spin, A Crypto Fund to Offer Absolute Performance

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Ariane Capital, a traditional family office involved in the cryptocurrency market since 2014, is launching an ARBA SPIN, a certificate actively managed with a long-term directional objective. The fund mixes the fundamental analysis of the crypto with the ability to seize opportunities identified within for best returns. Over the past two years, the crypto industry gained mainstream attention and mass adoption, and traditional financial institutions increasingly started seeking exposure to this new asset class as well. (Image Source) With demand for crypto assets evolving, Ariane Capital noted that its clients…

Polygon and Matic: What’s the Difference?

According to a dashboard on Dune Analytics, Polygon’s bridges, which hold $6.6 billion in total value locked (TVL), are second to Avalanche, which holds $7.78 billion. Arbitrum, another popular layer 2 solution, holds $2.5 billion, and Ronin Bridge, a bridge for the Axie Infinity ecosystem, has $6.1 billion in TVL. CryptoX Portal

Should Western Union Worry About Stablecoins?

If Bob, who occupies one region of the crypto economy, wants to remit $200 to Alice in another region of the crypto economy, USD coin or tether are the most convenient options. Interposing a non-blockchain intermediary like Western Union into the mix would be a step backwards. That would introduce an expensive double-hop, much like a stablecoin remittance in the real world introduces a double-hop. Source

A Look at the Genesis Block and Source Code That Sparked a Financial Revolution – Featured Bitcoin News

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13 years ago today, the anonymous creator of the Bitcoin protocol kickstarted the network by mining the genesis block. Satoshi started the genesis block on Saturday, January 3, 2009, at precisely 1:15 p.m. (EST), and since then more than 700,000 blocks have been mined into existence. Kickstarting the Bitcoin Network Today, bitcoiners and cryptocurrency advocates worldwide are celebrating the 13th anniversary of the Bitcoin network’s launch. On this day, 13 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the genesis block, otherwise known as “block zero.” There are several unique characteristics…

Bitcoin dips below $47K as US dollar surge dampens BTC price performance

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Bitcoin (BTC) crisscrossed $47,000 on Jan. 3 as the first Wall Street trading days of 2022 got off to a modest start. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Ethereum steals the limelight Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrow range as the week began, with traders split over short-term outcomes. “It’s just a matter of time before BTC breaks out, and the longer it takes the harder it will pump,” popular Twitter account Galaxy summarized. “Q1 is up only. You heard it here…

What’s ahead for crypto and blockchain in 2022? Experts Answer, Part 3

Alex is a writer, speaker, investor and adviser focused on the impact of emerging technologies such as blockchain and cryptocurrencies. He is the general manager of Ninepoint Digital Assets Group, an investment management services provider in the field of blockchain technology and cryptocurrency.  “I think 2022 is the year of multichain. 2021 saw the rise of new layer-one protocols like Solana and Avalanche that promised to improve on Ethereum with faster throughputs and lower fees. But these benefits may prove impermanent. As they become more popular, they may suffer the…

South Korean presidential candidate to use NFTs to raise funds for campaign

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Democratic Party (DP) presidential candidate Lee Jae-myung prepares to use nonfungible tokens to raise funds for his campaign.  The party will issue NFTs to those who donate money for the campaign for the upcoming presidential elections. The NFTs will contain images of the candidate and his pledges. In an interview with Yonhap News, campaign official Kim Nam-kook said the party is doing this to appeal to the younger generation. “As the young generation in their 20s and 30s are interested in emerging technologies, including virtual assets, NFTs and the metaverse,…

Ertha to Prime List Huobi on January 4th – Sponsored Bitcoin News

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sponsored Ertha’s Listing and TGE will be hosted on Huobi as a Prime List on the 4th of January, 2022. Listing on Huobi ensures that ERTHA Metaverse becomes the leading token in the GameFi & NFT space. Gaining a Primelist brings new levels of visibility and prestige to the project, introducing us to a wider demographic of investors and supporting the value and longevity of the token. It also provides the community a convenient way to access the $ERTHA token. Huobi is the industry’s leading digital asset exchange in both…

Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts – Bitcoin News

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The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they are mining cryptocurrency. If so, the companies should reveal their actual power consumption so a price hike can be coordinated, and they will need to invest in power infrastructure. Argentinian Government Sets Sights on Bitcoin Mining The Argentinian government is trying…