Day: February 16, 2022

Decentralised Socialfi Platform Boom Live on App Store, Unveiling Two NFT Airdrops – Sponsored Bitcoin News

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sponsored Decentralised socialfi platform Boom has announced the launch of its application on the App Store and Google Play in addition to the Android version. For most Cryptocurrency projects, having to launch a mobile app is a huge accomplishment as it will attract a large number of users into the application, bringing the benefit of the application towards more users in the Web 3.0 social world. Whether you are involved in the NFT or Cryptocurrency market or not – there’s massive hype and following inside the market, which resulted in…

NEO price climbs after China’s BSN gives the project the green light on NFT marketplaces

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As the field of viable layer-one blockchain protocols continues to expand with newer entrants trying to solve the issue of high transaction costs and slow processing times, older projects find themselves utilizing their history and track record to set themselves apart and secure a market share that will ensure their survival through the next market cycle.  Neo (NEO) fits the bill described above and the project is attempting to stage a revival in 2022 as governments around the world slowly open to the fact that blockchains and digital currencies have…

RCMP asks crypto exchanges to halt trading for wallets connected to truck convoy protests

As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada’s federal police force) sent letters to several cryptocurrency exchanges demanding that they “cease facilitating any transactions” with more than 30 specific cryptocurrency wallet addresses linked to the ongoing truck protests in the country. The letter writes: “Any information about a transaction or proposed transaction in respect of these addresses, is to be disclosed immediately to the Commissioner of the Royal Canadian Mounted Police.” Just two days prior, Prime Minister Justin Trudeau, representing the ruling…

US-based crypto firms join forces for Travel Rule compliance

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Many major crypto companies based in the United States have released a solution for the Financial Action Task Force’s Travel Rule. In a Wednesday blog post, crypto services provider Paxos announced the launch of the Travel Rule Universal Solution Technology, or TRUST, with members, including Coinbase, BlockFi, Gemini, Kraken, Robinhood, Circle and Fidelity Digital Asset Services. The endeavor is aimed at ensuring crypto firms are in compliance with the Travel Rule while also proving ownership of recipients’ crypto addresses, meeting security and privacy requirements, and not centrally storing users’ personal data.…

Building a 12 GPU Ethereum & Crypto mining rig beginners guide // Should you do it?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Building a 12 GPU Ethereum & Crypto mining rig beginners guide // Should you do it? In this Video I put together a mining rig from purchasing to building the unit in a step by step description of what and how I managed to get the rig up and running. !!! P.S: I know i put too much Thermal Paste 🙂 only realised that when editing the video !!! 00:00 Intro 00:30 Why i decide to build a GPU Rig 06:02 The…

Bitcoin Isn’t an Inflation Hedge Yet, but Here’s How It Could Be

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Today, crypto assets are not yet disambiguated with any sophistication by market participants. In the context of macro markets, bitcoin, ether, ADA, SOL and AVAX are all lumped together. For traders and investors who spend all day on crypto, this is of course not the case, but just watch the next time any mainstream financial news outlet covers crypto. Only rarely are these and other tokens broken out as different categories or classes. For bitcoin to stop trading like a risk asset and start trading as an inflation hedge, it…

The Graph (GRT) gains momentum as Web3 becomes the buzzword among techies

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The ongoing digital revolution and rise of the internet have upended the old global value structure over the past 30 years, and big data has become the new “gold” or “oil” — a fact demonstrated by the money-making capabilities of platforms like Google and Facebook. One blockchain project focused on the future of retrieving and managing data is The Graph (GRT), an indexing protocol designed for querying networks like Ethereum and IPFS through the creation of open APIs called subgraphs. Data from Cointelegraph Markets Pro and TradingView shows that since…