▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 4,394, 430.09 dollars update on bitcoin investment as of feb 1 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Month: February 2022
The Metaverse Opportunity for Artists
Launched in March 2021, the fund was initially only for Filipino artists. But with the goal to make the space more inclusive, soon the initiative was extended to include creators of all types – artists, graphic designers, illustrators, animators, motion designers, musicians and more. It was also extended to the furthest corners of Southeast Asia including Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Singapore, Thailand, Timor-Leste and Vietnam. Source
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have driven new all-time highs, but analysts are now increasingly sounding the alarm over warning signs coming from the debt market. Despite holding interest rates at record low levels, the cracks in the system have become more prominent as yields for U.S. Treasury Bonds “have been rising dramatically” according to…
EU members reportedly plan for AML watchdog to oversee crypto firms by 2024
The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms. According to a Tuesday Bloomberg report, a group of European Union member nations led by Germany and including The Netherlands, Spain, Austria, Italy, and Luxembourg plan to include crypto firms under the purview of the anti-money laundering-focused group — purportedly the European Commission’s Anti-Money Laundering Authority first proposed in July 2021. The group will reportedly begin operating in 2024 and be “fully functional” by 2026. An EU…
Ukraine’s Wealthy Finding It Hard to Buy Crypto Amid Geopolitical Tension
Wealthy Ukrainians, at least those who have not fled the country, are looking to cryptocurrencies as a safe haven for their assets as the Russian-Ukraine conflict heats up. However, there’s a limited supply of Tether’s USDT dollar-linked stablecoins, and that limit has pushed up the exchange rate to a sizable premium. Source
How Do Bitcoin Mining Pools Work? How are Bitcoin Mining Rewards Split? [2021]
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How do participants in a bitcoin mining pool share rewards in a way that reflects their actual contributions and does not allow them to cheat? Watch and learn. Chapters 0:00 How do participants in the bitcoin mining pool share rewards in such a way that reflects their actual effort without allowing miners to cheat? 0:33 How do mining pools work? 1:27 Difficulty targets and pool rewards 4:20 Participants cannot cheat Related Videos: What is a nonce? Nonces, Mining, and Quantum Computing: Number…
TreasureDAO engineer alleged to have past involvement in questionable NFT projects
On Wednesday, decentralized finance (DeFi) detective Zachxbt published a long thread on Twitter about TreasureDAO’s front-end engineer Just Cheese, or JC, and his alleged past involvement in several nonfungible token (NFT) projects. According to its white paper, TreasureDAO is a “decentralized NFT ecosystem on Arbitrum that is built specifically for metaverse projects.” Listed projects use the ecosystem’s native token, MAGIC, for transactions, with TreasureDAO governing the emission of MAGIC. As told by Zachxbt, the story began when JC shared his wallet address in the TreasureDAO Discord last November. The DeFi…
Bitcoin Sellers Return, Reversing Earlier Gains
The firm also noticed short-term holders purchasing bitcoin in recent weeks, with an average cost basis of $33,500 to $44,600. Still, for now, buying volume remains low, which means recent bids from short-term holders aren’t enough to trigger a sustained upswing in price. Source
A Deep Dive Into Chainalysis’ Deanonymizing Claims – Privacy Bitcoin News
On Tuesday, journalist Laura Shin published a story that claims to identify the 2016 Genesis DAO hacker who siphoned 3.6 million ethereum from the decentralized autonomous organization. While the story surprised the crypto community, one of the biggest eye-openers was the blockchain analysis methods leveraged, and the claim that Chainalysis allegedly “de-mixed” Wasabi transactions. Community Shocked by Chainalysis ‘De-Mixing’ Wasabi Transactions, Samourai Wallet Criticizes Wasabi’s Coinjoin Scheme An article published by the journalist Laura Shin has revealed a so-called shocker about the use of Coinjoin transactions. Specifically, Shin’s report highlighted…
What is the Metaverse and how will it alter the internet?
Cointelegraph’s Jackson DuMont, the director of the video, tackles the topic of the “next big thing:” the Metaverse. He explains the who, what and why behind the Metaverse and deep dives into how its blockchain technology has the potential to alter the online lives of internet users. The term was originally coined by Neil Stephenson in his 1992 novel Snow Crash. Although not a new concept, recent increased activity and developments within the collaborative virtual spaces have turned it into a new economic virtual realm that rivals the current physical…