Day: February 6, 2022

Bitcoin & blockchain energy consumption with MNP's Hassan Qureshi & Joe MacCallum | CG New York

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io On the second day of the #CGNewYork conference, MNP Partner Hassan โ€œHashโ€ Qureshi and Senior Consultant Joe MacCallum took the stage to talk about MNP, an accounting firm servicing coast-to-coast in the United States and Canada, and the studies they have made on the #BSV blockchain. Their findings showed the differences in the energy consumption of BTC, BCH, and BSV, and concluded that BSV was essentially more efficient in terms of power consumption, especially when dealing with larger scales. โ€œBTC consumes a…

Terra (LUNA) Holders Approve New Sports Sponsorship Deal

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Itโ€™s not often that we see a DAO vote on a multi-year, $40M protocol spend on a sports sponsorship. Terra holders have been voting on just that this week, however, in whatโ€™s seemingly a first-of-its-kind event. Terraform Labs founder Do Kwon presented a new proposal to the Terra community this week, allowing LUNA holders to vote on a new five-year, $38.5M sponsorship with an unnamed team across one of the โ€˜big fourโ€™ sports leagues in the U.S. (MLB, NBA, NFL, NHL). It is seemingly the first time in sports sponsorship…

What is Harmony (ONE) blockchain and why it is getting so much traction?

Harmony is getting a lot of traction because it addresses core blockchain concerns, is energy-efficient, has cross-chain capabilities, offers lower gas fees and has a huge potential for nonfungible tokens (NFTs). Maintain decentralization and security Harmony thinks its network can scale while maintaining decentralization and security because it uses sharding, which divides validators into multiple groups and allows them to approve transactions and new blocks simultaneously. Harmony can now process 2,000 transactions per second (TPS), which is comparable to Visa, ONE of the world’s largest payment networks. Harmony believes it…

Is It Time to Rethink Your Position on Ethereum? | $ETH 2022 Analysis

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io On this episode we’re taking a look at Ethereum’s ($ETH) 2022 outlook. What gains can you realistically expect for Ethereum this coming year? With Ethereum 2.0 update coming up (slowly) are there better investment alternatives for the short term? If so, is it time to re-evaluate your exposure to Ethereum right now? #Ethereum #ETH #Crypto ~Is It Time to Rethink Your Position on Ethereum? | $ETH 2022 Analysis~ โŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบโŽบ Become a Diamond Circle Member FREE! โžœ Subscribe on YouTube โœ… Facebook ๐Ÿ“ฑ…

US Treasury Warns NFTs May Present New Illicit Finance Risks โ€“ Bitcoin News

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The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of the Treasury announced Friday the release of a โ€œstudy on illicit finance in the high-value art market.โ€ The study was mandated by Congress in the Anti-Money Laundering Act of 2020. โ€œThis study examined art market participants and sectors of the high-value art market that…

Lost Bitcoin may be a โ€˜donation,โ€™ but is it hindering adoption?

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Cryptocurrency custody solutions have become a big business over the last few years. Independent storage and security systems meant to hold large quantities of crypto on behalf of clients can bring in institutional capital and retail investors waiting on the sidelines simply because they remove a major fear: losing access to funds that become unrecoverable. Because of the decentralized nature of major blockchains like that of Bitcoin or Ethereum, whenever a user loses access to their wallet and doesnโ€™t have a backup of their private keys, the funds within it…

Major Exchange LBank Wishes Lunar New Year via NASDAQ Billboard on Times Square NYC โ€“ Press release Bitcoin News

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press release PRESS RELEASE. On 1st Feburary, 2022, LBank Exchange promoted the wishes to the world through Times Square NYC โ€“ NASDAQ Billboard, for the celebration of the Chinese lunar New Year. Times Square New York is a major commercial intersection, and NASDAQ MarketSite is the marketing presence of the NASDAQ stock market, where the most prestigious companies compete for a spot in front of the eyes of the public. As per the data from Outfront Media, outdoor marketing covers almost 99% of the population in New York. With the…

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Crypto derivatives data signals improving investor sentiment and a possible trend reversal

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This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It’s too early to suggest that the market has found a bottom but two key indicators โ€” The Tether/CNY premium and CME futures basis โ€” have recently flipped bullish, signaling that positive investor sentiment is backing the current price recovery. Total crypto market cap excluding stablecoins, in USD billion. Source: TradingView Traders should not assume that the bear trend has ended by merely looking at price charts. For…

HUGE CARDANO & POLKADOT ADOPTION! CRYPTO NEWS & PREDICTIONS 2022

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Hold & Trade Crypto [Pay ZERO Capital Gains Tax] With Choice. ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡ ๐Ÿš€๐Ÿš€๐Ÿš€ Sign-up & receive $50 in free bitcoin: Hit Like, Share, and Subscribe for awesome crypto videos! Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:52 – Bitcoin 13 Years Old!!! 1:40 – Samsung gets exposure to Cardano 2:23 – How exactly is Cardano being utilized? 3:37 – Telecom Giant Buys DOT Tokens & Integrates With Polkadot 5:15…