Cryptocurrency Analysis and News Portal
Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s
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Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as the “single most annoying problem on
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It’s part of why, according to a report from the research firm Naavik, the majority of Filipino Axie players are still making below the country’s average minimum wage. Stephen Diehl, a prominent crypto critic, likened it to “digital serfdom,” though I think that may be slightly misstating it. It’s more
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The preceding point about transaction validation is important because it is enticing to compare the energy density of Bitcoin transactions to something like Visa (V). Bitcoin can only handle seven transactions per second compared to Visa’s 24,000+. But, remember, Bitcoin doesn’t use energy to validate transactions. The miners’ job is
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The energy usage and environmental impact of Bitcoin (BTC) mining have been frowned upon and been under the scanner by various international financial institutions. The International Monetary Fund (IMF) mentions how Bitcoin mining consumes “vast amounts of computing power and electricity.”Bitcoin mining is an energy-consuming process, as it is a
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“We’re trying to help manage that upcoming explosion of people pushing messages to you,” he said. He described an ugly future awash in Web 3 notifications: for on-chain transactions confirming, for promotions upcoming, for direct messages, for governance votes – “a boatload of messages spamming you non-stop.” Source
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On Monday, after Canadian Prime Minister Justin Trudeau enacted the never-used “Emergencies Act,” Deputy Prime Minister Chrystia Freeland said banks are allowed to freeze accounts related to the protestors without a court order and will be shielded from lawsuits for acting “in good faith.” Canada's Toronto-Dominion Bank had already started
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DeFi (and the Canadian crypto community, especially) woke up yesterday to a pretty terrible headline. We learned that “Sifu,” who goes by the handle @OxSifu, a core member and CFO of DeFi protocol Wonderland, was Michael Patryn (also known sometimes as Omar Dhanani), an apparent co-founder of failed, infamous (to
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Crowdfunding has been around for some time now, and although it has been a hard time for some projects to gain funds, bitcoin could be the answer. Let’s look at the root of the troubles and how crypto could potentially address them. Related Reading | Downward DOGE: Descending Dogecoin Pattern Predicts Deadly Drop The
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The Ethereum network remains to this day one of the most active and innovative blockchains in the crypto space. Onboarding thousands of users since its inception, Ethereum is the king of DeFi and some of the hottest trends in this industry with billions in total value locked (TVL). However, Ethereum is
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