Comment on this story Comment It’s been a bad summer for the cryptocurrency industry everywhere but Capitol Hill. Despite a pile of bad news – layoffs at large corporations, ongoing hacks, and the collapse of several high-profile crypto projects that have devastated Main Street investors – the industry is in a hot phase in Congress. … Read more
While cryptocurrency markets performed poorly during the first two quarters of 2022, a recently released fundraising report written by Messari researchers notes that $ 30.3 billion was raised by crypto projects and startups during the first half. by 2022. The $ 30.3 billion raised in 1,199 fundraising rounds exceeds all funding for startups and blockchain … Read more
T.Speed of transactions is a major concern with cryptocurrencies. Ultimately, this vulnerability is one of the main problems with the Ethereum network. Although Ethereum has many advantages, its alleged slowness and the resulting increase in “gas” prices are its drawbacks. One of the Level 2 scaling alternatives to the existing speed problem is optimism. Market … Read more
The libel case between Bitcoin creator Dr. Craig S. Wright and online media personality Peter McCormack ended this week with a conclusion in favor of Dr. Wright. Yet the nature of the victory has left many unsatisfied on both sides and waiting for the next legal Bitcoin installment in hopes of a more decisive outcome. … Read more
“Art is not a thing, it is a way”, said the American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its code, its philosophy and its images. In some cases, it’s even inspired by memes. Bitcoin has become a “way of life” for some Bitcoin artists that inspires the way … Read more
Who is Satoshi Nakamoto? The mysterious inventor of bitcoin is a renowned figure in the world of cryptocurrencies but his true identity is unknown. However, British blogger Peter McCormack was certain of one thing: the answer is not Craig Wright. For years Wright, an Australian computer scientist, claimed to be Satoshi, the pseudonymous author of … Read more
A major Indian cryptocurrency exchange, Wazirx, had its banking assets worth over $ 8 million frozen by the Directorate of Enforcement (ED). The exchange was allegedly acquired by Binance in 2019. However, Binance CEO Changpeng Zhao (CZ) now says the acquisition “was never completed”. Wazirx, on the other hand, claims it was acquired by Binance. … Read more
The year is 2027. It is a time of great innovation and technological progress, but also a time of chaos. What will the cryptocurrency market look like in 2027? (For those unfamiliar with him, this is a joke from the 2011 video game, Deus ex.) Long-term predictions are notoriously difficult to make, but they are … Read more
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there is much debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the leaders of the country’s House and Senate warning that the proposed policies will actually fuel … Read more
introduction As the world suffered from Covid, governments around the world drove interest rates to zero and pumped money into the economy. Assets of all kinds have started to rise. Michael Saylor, CEO of a marginally profitable software company called MicroStrategy (NASDAQ: MSTR) had an idea: why not invest the company’s reserve money in Bitcoin? … Read more
