Month: August 2022

How blockchain technology is changing the way people invest

Over a decade after the release genesis block on the Bitcoin network, blockchain technology has changed how people invest their money, with many platforms in the crypto space having much more relaxed requirements for investors when compared to traditional finance.  It’s easier for investors to buy into cryptocurrency when compared to traditional assets. Anybody can download a free Bitcoin (BTC) or multi-crypto wallet and sign up for one of the many available cryptocurrency exchanges. Many exchanges still don’t require users to verify their identity, while others only require ID verification…

Decentralized Exchange THORSwap to Support Cross-Chain Swaps for Over 4,300 Ethereum-Based Tokens

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“The benefit of using a decentralized exchange protocol like THORSwap is always having self-custodial control of your assets,” THORSwap’s pseudonymous product manager “paperx” explained in a Twitter message to CoinDesk. “Users connect their own native chain wallets (Bitcoin, Ethereum, BNB Chain, Cosmos, Litecoin, Dogecoin and THORChain, among others) to swap assets on one and receive assets on another directly into their personal wallet.” Source

LaRussell, Armani DePaul – Blockchain | Live From The Pergola

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Good Compenny is independently funded and operated. We do not charge artist for our services. Your donation supports local and independent artists all over The Bay Area. Donations: Cashapp: $goodcompenny Venmo: @goodcompenny Paypal: goodcompenny@gmail.com Official Live Performance of Blockchain performed by LaRussell Released on: 07/07/2022 Social Media: @larussell Album: 8Ibs 2Ozs Producer: Armani DePaul Recording Engineer: Yaya Mix & Mastering Engineer: LaRussell DP: Tietta Cam Ops: Tietta Production: Good Compenny Location: GC Studios (Vallejo, CA) ▶ Coinbase Website: Coinbase.com ▶ CEX Website:…

Texas Bitcoin Mine Whinstone Countersues Japan’s GMO Internet, Seeks $15M Damages in Four-Year Dispute

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Talks to resolve a dispute over losses GMO suffered due to a “power shortage” were paused when Riot acquired the facility, according to GMO. Given the decrease in hosting fees, it looked like the Japanese company was asking for $3 million for the power shortage losses, until April this year, when it asked for $35 million, Whinstone said. Original

ETH Back Above $1,700 as “Merge” Date Confirmed – Market Updates Bitcoin News

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Ethereum was back above $1,700 in Thursday’s session, as the date for the long-awaited “Merge” was finally confirmed. A blog post from the Ethereum Foundation stated that the event will begin on September 6, and be completed between September 10 and 20. Bitcoin also moved marginally higher, as it continued to approach $22,000. Bitcoin Bitcoin (BTC) rose higher on Thursday, as the token continued to rebound following a recent bearish streak. The world’s largest cryptocurrency surged to a high of $21,789.64 today, breaking out of a key resistance level in…

Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal

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Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company (SPAC). Atlanta-based Bitcoin Depot has reached a definitive agreement to merge with the SPAC GSR II Meteora (GSRM) in an $885 million deal to go public, the firm officially announced on Thursday. The business combination would result in Bitcoin Depot becoming a publicly listed company as the combined company — to be dubbed Bitcoin Depot Inc. — will trade on the Nasdaq under the new ticker…

Bitcoin sits at range high as realized price sparks BTC ‘macro signal’

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Bitcoin (BTC) inched closer to $22,000 on Aug. 25 as realized price provided the next major hurdle for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Realized price inspires confidence Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to come face to face with $21,700. That level, coinciding with realized price, had marked the key flip zone to target for bullish continuation the day prior, but at the time of writing, Bitcoin had yet to push beyond it or convincingly turn it to support. “At realized…

Coinbase eyes long-term growth of subscription revenue, NFTs still a focus

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American cryptocurrency exchange Coinbase aims to grow revenue from subscriptions in the long term to combat potential profit margin compression. The firm’s founder and CEO Brian Armstrong delved into the long-term prospects of the American cryptocurrency exchange in a wide-ranging interview with CNBC’s Crypto World on Tuesday. A key talking point was the potential of lower revenues from fees in the future and how the company plans to preempt this possibility. Armstrong highlighted his belief that profit margin compression was bound to occur in the future as more exchanges and…