James Howells, a British man who mistakenly discarded a hard drive containing roughly 7,500 Bitcoin in 2013 has reportedly started looking at having robots and humans work together to retrieve his crypto from a local landfill. According to a Sunday report from Business Insider, Howells has pitched an $11-million idea to locate and recover the lost hard drive, which may be surrounded by up to roughly 110,000 tons of garbage. The proposal, backed by a few venture capitalists, involved having people, robot dogs, and other machines pick up and sort…
Day: July 25, 2022
How to Mine Bitcoin on Your PC! | NiceHash Full Guide 2022
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What is dollar-cost averaging (DCA) and how does it work?
Many crypto enthusiasts just start investing in cryptocurrencies without a strategy behind it. However, they should be aware that an investment plan is essential when you begin investing in crypto. By sticking to a strategy, you will have a clear overview and become less susceptible to the substantial price fluctuations in the crypto market. Related: A beginner’s guide to cryptocurrency trading strategies For each investor, this investment strategy can be different. After all, you invest in a way that suits your financial goals and that you feel comfortable with. For…
Tether, Bitfinex, Hypercore Launch Encrypted Communications Protocol Holepunch
“Web2 requires users to give up control of their data, which has led to the rise of monopolies and growing privacy concerns,” Ardoino said. “That is why Tether and Bitfinex chose to participate in the development of Holepunch and Keet. It believes that freedom of choice, communication and finances are the lifeblood of the future, and anything that will enhance those freedoms is worth amplifying.” Source
Tesla Recorded $64M Gain on Bitcoin Sales in Q2
The company did not reveal the selling price for its bitcoin in the second quarter but a rough calculation shows the average price would be of around $29,000 per bitcoin, helping Tesla avoid a much more substantial impairment charge. Bitcoin ended the second quarter at a price of about $18,700. Source
ATOM Drops for Fourth Straight Session, Hitting 1-Week Low – Market Updates Bitcoin News
Cosmos was trading lower for a fourth consecutive session on Monday, as prices approached a one-week low. Decentraland was also trading close to a one-week low on Monday, as the global cryptocurrency market fell by over 3% as of writing. Cosmos (ATOM) Cosmos (ATOM) declined for a fourth straight session, as the token moved towards a one-week low. Following a high of $10.25 during yesterday’s session, ATOM/USD dropped to an intraday low of $9.27 earlier today. The move comes as ATOM moved closer to its support point of $9.00, less…
Cardano (ADA) Spikes 8%, Overtakes XRP In Last 24 Hours
Cardano (ADA) price has skewed way up by over 8% in the past 24 hours; peaking at $0.51. ADA has now outstripped XRP in terms of market cap with now valued at $17.6 billion and XRP at $17.5 billion. Nevertheless, ADA still suffered a massive decline of 83% from its all-time high in September. The upcoming launch of hard fox seems to be the impetus for the recent price spike. It was supposed to be launched in June but was postponed because of some technical problems. The date of the…
Bitcoin Falls Below $22,000 Ahead Of FOMC Meeting And Big Tech Earning Calls
Summary: Bitcoin slipped under $22,000 on Monday as the feds are scheduled to meet this week. A plethora of tokens slumped into red along with Bitcoin as the crypto market anticipates this week’s events. Analysts expect a 75 basis points hike at the FOMC meeting on Wednesday. This week also features earning calls from major tech companies including Amazon, Apple, Meta, and Microsoft to name a few. The U.S. is set to release its GDP report for the second quarter of 2022 as well. These events come after last week’s…
Aptos Labs raises $150M, more than doubling valuation
Layer-1 blockchain developer Aptos Labs has closed a $150 million funding round to further its ambitions in the Web3 space, further highlighting venture capital’s appetite for budding crypto-focused startups. The funding round was co-led by venture studios FTX Ventures and Jump Crypto, with additional participation from Andreessen Horowitz, Apollo, Franklin Templeton and Circle Ventures. According to Bloomberg, the funding round more than doubled the startup’s valuation, which was over $1 billion as of March. Aptos was launched by former Meta employees Mo Shaikh and Avery Ching. The founders also had…
zk-STARKs vs. zk-SNARKs explained
zk-STARKs are one of the two transparent and scalable privacy-enhancing methods. The public availability of the randomness utilized by the verifier negates the need for a trusted setup. But, what does zk-STARK stand for? zk-STARK stands for Zero-Knowledge Scalable Transparent Argument of Knowledge, which is a type of cryptographic proof technology. zk-STARKs, also known as zero-knowledge proofs, allow users to communicate validated data or execute computations with a third party without the data or analysis being revealed to the other party. zk-SNARKs, which were used to build zk-proof systems before…