The consequences of Bitcoin (BTC) issuance at zero are sooner than you think

It’s widely known that there will only ever be 21 million Bitcoin in existence. So what happens when all the Bitcoin has been mined? This is a hotly contested topic within the cryptocurrency community and one with no affirmative answers. But what is known for sure is that miners, who secure the network, will have …

$100 million in ETH burned days after EIP-1559 upgrade

Barely a week after implementing one of its cardinal upgrades, the Ethereum (ETH) network has burned over $100 million in fees. More than 32,000 Ethereum burned and forever removed from circulation contributed to the crypto’s last week’s rally. Why is Ethereum on fire The long-anticipated London hard fork, which included the EIP-1559 upgrade, a reductive …

Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures

The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider …

Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago

Over three years ago, a Netherlands native made headlines when he told the world he and his minimalist family sold everything for bitcoin. At that time, Didi Taihuttu and his family sold their home, valuables, and vehicles in order to accumulate the digital asset. Taihuttu recently discussed how things have been after three years, explaining …

Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill

U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep. Eshoo Asks Pelosi to Amend ‘Harmful Language’ on Crypto …

Cardano founder says the Tether fiction is over as ADA tears higher

A strong performance from Cardano this week puts its year-to-date gains at just under +1,000%. Analysts attribute this to the anticipation of the Alonzo upgrade, which will bring smart contract functionality to the blockchain. This comes as Input-Output Global CEO Charles Hoskinson continues to sound the alarm on Tether, calling the fiction of its 1:1 …

Here’s what Cardano (ADA) has been up to with the Ethiopia project

Charles Hoskinson, the founder of the Cardano (ADA) protocol and Input Output Hong Kong (IOHK) CEO revealed the company’s progress in Ethiopia, where one of the world’s biggest blockchain projects keeps unraveling. The blockchain research and engineering company behind the fifth largest crypto by market value is working with Ethiopia’s Ministry of Education on developing …

Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria

Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting …

Top Derivatives Exchange Bitget Releases Its Latest Operation Data

sponsored Currently, derivatives exchange Bitget has released its global market penetration plan on Twitter, and at the same time, they published their latest globalization data. Data shows that up to now, Bitget’s global registered users have exceeded 1.6 million, and the user base has extended to 48 countries and regions around the world. Among them, …

Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems

Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers of putting their savings behind cryptocurrencies like bitcoin. Central Bank …

Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens

Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning $260 million in tokens, the …

Augmented Reality-Based Dogemon Go Mobile Game Allows Players to Earn Dogecoin

Following this year’s hype toward the meme-based digital currency dogecoin, a team of developers revealed the launch of an augmented reality (AR) mobile game called “Dogemon Go.” Similar to the AR game Pokémon Go, players catch virtual characters dubbed “Dogemons” and while characters level up they can earn dogecoin for rewards. Catching Dogemon and Earning …

SEC head Gary Gensler warns of ‘even more’ crypto regulation

Senator Elizabeth Warren recently released the letter Securities and Exchange Commission (SEC) Chair Gary Gensler sent in response to her request to address the “opaque and volatile” crypto market and resolve whether the Congress should intervene.  Determined to rein in crypto, Senator Warren wrote to the SEC Chairman last month inquiring concrete input on what …

What does the privacy-conscious era have in store for marketers?

Whether you find it difficult to believe, funny, or feel threatened by it, the reality is that Google and Apple have been trying hard to position themselves as the crusaders of online privacy. The moves they make will have major consequences on digital marketing and advertising. Both Apple and Google have a terrible past when …

Bitpay Adds Google Pay for US Cardholders to Spend Cryptocurrencies

Crypto payment service provider Bitpay has updated its wallet app to include Google Pay for U.S. cardholders to spend their cryptocurrencies. The company has already added Apple Pay and Samsung Pay is expected in the near future. Bitpay Updates Wallet App to Include Google Pay Leading crypto payment service provider Bitpay announced Wednesday that it …

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