The story of Shiba Inu (SHIB), crypto’s best-performer of the year, still boggles the mind — even after multiple retellings. Just 12 months ago, the price of one SHIB token had ten zeros in front of it: $0.000000000063 on volume of $682.58, according to CoinGecko. By late October of this year, six of those zeros …
Monthly archives: November 2021
As Patreon tests the waters, can crypto open doors for content creators?
As the digital asset market continues to break new ground, seemingly with each passing day, there is no denying the fact that crypto adoption has continued to increase at a fairly rapid pace globally. In this regard, it now appears as though online content creator platform Patreon is actively looking to devise its very own …
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6 sources of renewable energy that will power the future of Bitcoin mining
Yes, Bitcoin mining does consume a lot of energy — about 110 terawatt hours per year, the energy equivalent of a small country. Considering that a single Bitcoin mining farm might be running hundreds or thousands of mining rigs (roughly the equivalent of running a space heater) all day, every day, it’s easy to see …
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3 out of 4 of the Top Smart Contract Tokens Outpaced Ethereum’s 12 Month Gains
While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics indicate that the total value locked (TVL) in decentralized finance (defi) is $267 billion and the TVL held on Ethereum commands the lion’s share of this value. Ethereum …
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US President Biden Nears Decision to Choose Fed Chair — Reports Indicate Toss-up Between Powell and Brainard
Following the passing of the Biden administration’s infrastructure bill, the U.S. president appears to be nearing his decision on whether or not he will reappoint Jerome Powell, the current Federal Reserve Board chairperson. According to a few reports Powell may be chosen, but other reports say the Fed’s Board of Governors member, Lael Brainard, could …
US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says
U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of money laundering and faces up to 20 years in prison if extradited to the United States. FBI Accused of Kidnapping Russian Citizen With Cryptocurrency …
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Alchemy Pay’s Unique Crypto-Fiat Payment Solution Disrupts the Industry
sponsored On November 6, 2021, Alchemy Pay’s Chief of Staff, Karmen Tang, delivered her keynote address at the Epicenter Crypto Conference in Lisbon. Tang took the audience through a brief history of Alchemy Pay and the broad ecosystem they have now built within blockchain infrastructure. The founders of Alchemy Pay come from giants of traditional …
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Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining
Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists Propose Regulations for Russian Crypto Miners The …
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US SEC Rejects VanEck’s Spot Bitcoin Exchange-Traded Fund Proposal – Here’s Why
The U.S. Securities and Exchange Commission (SEC) has rejected a proposal to launch a spot Bitcoin exchange-traded fund (ETF) that would actively track the price of BTC. According to the agency, the proposal from investment firm VanEck was denied due to concerns of manipulation in the crypto markets. The Commission says the proposal must be …
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Digital rights management in the open seas of blockchain systems
To understand the complexity of digital rights management, or DRM, one must first understand the DRM challenges of current systems and then the challenges (and opportunities) presented by blockchain technology that prides itself on transparency, data linkage and immutability as some of the main characteristics that lends itself to the trust systems. With Web 2.0, …
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Bitcoin Taproot upgrade improves the network as BTC price impact may be limited
Bitcoin is set to undergo a major network upgrade, Taproot, in nearly two days, i.e., on Nov. 14 or 255 blocks later, as per data from Taproot.watch. This is the first significant upgrade since the Segregated Witness (SegWit), which eventually culminated in the development and launch of the Lightning Network in 2018. The original Taproot …
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Bitcoin halts losses amid criticism ETF rejections have cost investors ‘12,700% gains’
Bitcoin (BTC) tapered losses on Nov. 13 as the market showed little interest in U.S. regulators refusing to allow a spot exchange-traded fund (ETF). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView ETF rejection causes few market headaches Data from Cointelegraph Markets Pro and TradingView showed calm conditions for BTC/USD into the weekend, the pair acting within …
Solana Is Now Among the Top Five Blockchains: Why Is It Promising?
Solana has quickly become one of the leading blockchains, as its market value has surged over the past three months. Over the past several weeks, Solana (SOL) has seen a rapid surge in market value, driving it to become one of the top five cryptocurrencies ranked by market cap. Solana’s price has rapidly accumulated, with …
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Ethereum Competitor Soars 150% in Less Than a Week, Surpassing $2,000,000,000 Market Cap
A little-known altcoin has more than doubled in value in the past week while the majority of crypto projects moved sideways on their weekly charts. IOTX is the native asset for the open-source blockchain IoTeX, a smart contract platform designed to power decentralized apps and connect Internet of Things (IoT) devices. The platform is Ethereum …
Limit order protocols offer more flexibility and efficiency to DEX traders
As decentralized exchanges (DEXs) evolve, their functionalities become more and more advanced, often matching those of centralized exchanges (CEXs). One such functionality is the ability to place limit orders, which offers more flexibility and efficiency to DEX traders. This article looks at the existing limit order features and their prospective implementations. Unlike a market order, …
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