When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its impact on the environment. In fact, before Musk waded […]
DeFi100, a decentralized project (DeFi) built on the Binance Smart Chain, created a ton of controversy on Sunday as its website displayed the message: “We scammed you guys, and you can’t do s**t about it.” Initially, it was believed that the project scammed its investors for $32 million. The speculations […]
• Additional 3,000 new, state of the art blockchain computers anticipated for deployment in Q1 2022, costing approximately US$19 million • In addition to the 1000 Bitmain S19j Pro blockchain computers due for deployment in December 2021 • TAAL’s hash rate for the end of June is anticipated to be […]
There’s so much more to Bitcoin than making payments. In fact, if you watch enough episodes of “Bitcoin Class with Satoshi” with Dr. Craig Wright and sCrypt’s Xiaohui Liu, it’s possible to forget Bitcoin was ever supposed to be just a new kind of money—even though it still does that […]
Tesla Founder, Elon Musk believes that a 1000% increase to Dogecoin’s block size will make DOGE the leader of the pack, but Ethereum creator Vitalik Buterin does not agree. In a recent post on his personal blog, Vitalik took issue with Elon’s claim that a massive increase to Dogecoin’s block […]
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend Civil […]
Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests thinking of the cryptocurrency “as a cult that can survive indefinitely.” Nonetheless, Krugman still believes that bitcoin has no fundamentals. Paul Krugman Likens Bitcoin to a Cult That Can Survive […]
Press Release: Decentralized exchange (DEX) field-leading project, PandaSwap, was confirmed as 1 of 20 joint beta event projects on OKExChain and is set to launch imminently. 24th May 2021, Chengdu, China: Despite the recent fall into a bear market, the crypto space continues to evolve and consistently inspires innovation. Seeking […]
Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from […]
Aaron Russell had been working as a software engineer for years before dedicating himself to making it easier for other developers to build on Bitcoin. Once he found Bitcoin SV, which allows developers to build scalable and efficient applications, he knew he was home. Since then, he has built tools […]
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