Crypto analyst Aaron Arnold is naming nine crytpo assets that he believes are quiet powerhouses with the potential to take off once bullish momentum returns to the markets. In a new video, the Altcoin Daily host highlights the Theta Network (THETA), which recently launched its mainnet 3.0. Theta is a content delivery network that seeks …
Author archives: Adam Owen
Bitcoin metric sees ‘hell of a bounce’ in move which historically heralds BTC price bottom
A classic Bitcoin (BTC) on-chain indicator has seen a “hell of a bounce” even as price action stays uncertain. In a tweet on July 9, Philip Swift, creator of analytics resource Look Into Bitcoin, highlighted a dramatic change of course for the Puell Multiple. Advancing Puell and hash rate “a good sign” A deceptively simple …
Africrypt turns sour on investors: Founders flee as court cases build up
Two South African brothers are facing mounting pressure to come forward to authorities as investigators delve into one of the biggest cryptocurrency thefts in the country. Raees and Ameer Cajee are central figures in the now infamous Africrypt cryptocurrency investment scheme saga. Local investors have been left in the dark and out of pocket following …
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Biological evolution should inform how humans design markets
If the global COVID-19 pandemic has taught humanity anything, it has hammered home the lesson that the human being is as dependent on its fellows as the honeybee or ant. Scientists, academics, pharmaceutical executives, philanthropists and government agencies have worked together to roll out a vaccine program that is breaking all records for speed and …
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Mass internet outage shows why we need deeper decentralization of web 3.0
Afflicting numerous state and non-state actors, the June 8th outage resulted in costly interruptions to business and drew attention to institutional level faults within present web distribution models. Experts warn that such incidents will remain a constant nuisance without a significant web infrastructure change/upgrade. The Fastly Outage A series of websites — including the White …
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Riot Blockchain Bitcoin Production Jumps More Than 400% Year-on-Year Amidst Mining Exodus
Riot Blockchain, a Nasdaq-listed mining company, reported Thursday on its Bitcoin production last month. The company’s numbers jumped a little more than 400% year-on-year, as a result of the increase in mining power. The recent mining crackdown in China is also helping companies like Riot to keep growing. The company plans to continue increasing its …
Israel Begins Seizure of Bitcoin Donations Collected by Hamas
Israel’s Defense Minister Benny Gantz has ordered the seizure of cryptocurrency funds raised by the Palestinian Islamist movement Hamas. His department has reportedly started taking control over digital wallets used by the terrorist group to collect crypto donations from abroad. Defense Ministry of Israel Targets Crypto Addresses Used by Hamas Minister Gantz approved the seizure …
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China Opens Digital Yuan Whitelist for Ten Million Citizens
The Chinese government is taking its digital yuan test one step further. Now, 10 million users will be able to test and use the currency after applying to join a whitelist in selected state banks. This new phase of the test aims to detect possible problems in a more broad testing environment. China is preparing …
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Crypto Whales Accumulated $2,200,000,000 in Bitcoin This Week, Says On-Chain Analyst William Clemente
On-chain analyst William Clemente says whales are once again diving into the Bitcoin markets. In his latest newsletter, Clemente notes that the number of new users on the Bitcoin (BTC) network is at a new all-time high. ADVERTISEMENT “First, let’s take a look at this chart representing the net growth of users, or ‘entities’ …
Trust is still a must in the trustless world of cryptocurrency
As established by Satoshi Nakamoto’s Bitcoin (BTC) whitepaper, the core of cryptocurrency is a peer-to-peer electronic cash system that eliminates the need for intermediaries like banks. This spirited independence and scoffing at the hand-holding of traditional banking systems is pervasive across the cryptosphere. Yet, when mass adoption is the goal, some hand-holding becomes necessary in …
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More than 75% of El Salvador is skeptical of Bitcoin, survey finds
Results of a recent survey, conducted by Disruptiva, a pollster affiliated with Francisco Gavidia University, suggest that more than half of El Salvador’s citizens view the new Bitcoin (BTC) law as “not at all correct,” according to Reuters. Disruptiva included 1,233 people in their survey, which was conducted between July 1 and July 4, roughly …
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Someone proposed a tool to reorg Ethereum blocks. But its “too dangerous” and “shouldn’t exist”
The Ethereum network faces a potential crisis through plans to increase the power of miners to re-organize the blockchain. The Ethereum blockchain has a MEV crisis Twitter user @EdgarArout, a developer, is stepping up attempts to exploit a miner extractable value (MEV) vulnerability that exists on the Ethereum protocol. This would involve re-organizing the chain …
Apple Cofounder Steve Wozniak Says Bitcoin Is a ‘Mathematical Miracle’
Presenting at the Talent Land Jalisco 2021, Apple cofounder Steve Wozniak called bitcoin an “amazing mathematical miracle.” Wozniak said he’s not a bitcoin investor per se, but “believes in it for the future.” Steve Wozniak Is Not Necessarily Invested but Still Believes Bitcoin Is an ‘Amazing Mathematical’ Creation Apple cofounder Steve Wozniak is a fan …
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Playboy Collaborates With Superrare Launching the Miami Beach NFT Collection
The publicly listed and iconic lifestyle company Playboy has announced the entertainment firm has collaborated with the non-fungible token (NFT) digital art marketplace Superrare. The Playboy NFTs expand upon an exhibit showcased to thousands of visitors at the Bitcoin 2021 conference in Miami. Playboy’s New Collection of NFTs Includes Heritage Photograph Print Playboy (Nasdaq: PLBY) …
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Africa Fintech Start-up Growth: Nigeria Dominates in ‘Big Three’ Markets
According to the findings of the latest study by Disrupt Africa, the number of fintech start-ups based on the African continent grew to 576 in 2021. This figure represents a 17.3% jump from the 491 start-ups that were operating on the continent in 2019. Overall, the number of fintech start-ups in Africa has increased around …
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