Month: January 2022

Ethereum white paper predicted DeFi but missed NFTs: Vitalik Buterin

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Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues.  Buterin started the Twitter thread by addressing his article dated Jul. 23, 2013 in which he highlighted Bitcoin’s (BTC) key benefits — internationality and censorship resistance. Buterin foresaw Bitcoin’s potential in protecting the citizens’ buying power in countries such as Iran, Argentina, China and Africa. However, Buterin also noticed a rise in stablecoin adoption as he saw Argentinian businesses operating…

Critiques on Crypto and Sterlin’s Response – Op-Ed Bitcoin News

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The following opinion editorial is a Jacobin Podcast review written by the author Sterlin Lujan, the chief risk officer with Cryptospace. The Jacobin Podcast episode called: “Dig: Cryptocurrency w/ Edward Ongweso Jr & Jacob Silverman,” touches upon “cryptocurrency, NFTs, Elon Musk, the metaverse, meme stocks, and techno-utopianism amid the crushing reality of our neoliberal hellscape.” Cryptocurrency isn’t fringe technology anymore. Over the last decade, it has become embedded into finance, culture, and even our social life. It’s drastically changing the way we think about money, economics, and human action. However,…

Sberbank Launches First Blockchain ETF in Russia – Finance Bitcoin News

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Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces ETF Tracking Blockchain Economy Index The largest banking and financial services provider in Russia and the post-Soviet space, Sberbank, has announced the launch of a blockchain ETF. The new product, called ‘Sber – Blockchain Economy,’ aims to provide Russian investors with an opportunity to profit from the crypto sector without the need to…

What’s Beef? Reviewing The Historic Battle Of Ethereum vs. Cardano

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In every sport or form of competition, we see established rivals come to life. In basketball, it’s the Lakers and the Celtics, in boxing we’ve seen the likes of Furry vs Wilder, and in hip-hop, we often hear about Nas vs Jay-Z. Today in the world of crypto we have had a melting pot, stuffed with all kinds of herbs brewing a beef. One that was widely recognized, but that has slowly begun to fade is Ethereum and Cardano. Let’s take a look into the history of these blockchain giants.…

Kevin O’Leary Reveals Crypto Strategy, Why He Prefers Ethereum, Says NFTs Will Be Bigger Than Bitcoin – Featured Bitcoin News

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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy and which coins he owns. He also discussed crypto market bubbles, diversification, regulation, and why he thinks non-fungible tokens (NFTs) will be bigger than bitcoin. Kevin O’Leary Discusses His Crypto Investments, Market Bubbles, and NFTs Shark Tank star Kevin O’Leary discussed cryptocurrency, his investment portfolio, diversification, market bubbles, meme coins, and non-fungible tokens (NFTs) in a recent interview with Forbes, published Friday. He explained that he views “the entire crypto industry as software development teams,” adding…

Trading Platform Robinhood Announces Upcoming Launch of Cryptocurrency Wallets – Wallets Bitcoin News

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Trading platform Robinhood has announced the beta launch of its cryptocurrency wallets, which is set for mid-January. The company said 1.6 million people have signed up for the crypto wallets. Robinhood’s Crypto Wallets to Launch in Beta This Month Robinhood announced this week the upcoming beta launch of its highly anticipated cryptocurrency wallets. The company unveiled its crypto wallet project in September to allow customers to trade, send, and receive cryptocurrencies using the Robinhood app. Noting that 1.6 million people have signed up for its crypto wallets so far, the…

2 Mirrored, Copycat Bored Ape NFT Projects Cause Copyright Infringement Controversy – Bitcoin News

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In the midst of the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectibles, two NFT projects have appeared offering near-identical or mirrored versions of the original BAYC NFTs. The NFT marketplace Opensea has removed the NFT projects from the market for breaking the rules against copyright infringement. 2 Copycat Bored Ape Yacht Club Projects Cause a Stir NFT fans have been discussing two controversial copycat NFT projects called PHAYC and PAYC (Phunky Ape Yacht Club) in recent times. The two projects introduced the copycat versions of…

Touchdown! Goal! Knockout! Crypto and sports collide in 2021

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Cryptocurrencies and sport have continued to collide in 2021 with synergies between the two proving to be fruitful on a number of fronts. The relationship between the sports world and the various applications of cryptocurrencies and blockchain technology has slowly been expanding over the past few years. Humble beginnings of simple sponsorships building early brand awareness for exchanges and payment platforms have snowballed into worldwide recognition and collaboration between the sectors, with 2021 seeing a variety of different use cases come to the fore. From the basketball courts of the…

Shiba Inu Project Reveals ‘Doggy DAO,’ Devs Say Phase 1 to Provide ‘Immediate Power to the SHIB Army’ – Altcoins Bitcoin News

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During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto protocol have announced the launch of a “Doggy DAO” in order to give more power to shiba inu users. Shiba Inu Project Announces Doggy DAO The second-largest crypto meme token in terms of market capitalization, shiba inu (SHIB), has announced the launch of a…

Despite Negative Mining Malware Press, Privacy-Focused Crypto Monero Jumps 36% in 2 Weeks – Markets and Prices Bitcoin News

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The privacy-centric crypto asset monero has seen significant gains during the last two weeks, jumping 36% in value against the U.S. dollar. Despite the negative press from the “Spider-Man: No Way Home” torrents with monero mining malware, seven-day statistics indicate the crypto asset has gained more than 21%. Monero Sees Double-Digit Gains Amid Mining Malware Headlines The privacy-focused digital currency monero (XMR) has seen double-digit gains this week, while most of the crypto economy has suffered losses and seen a period of consolidation. Just recently, XMR made headlines after a…