Here goes a full-length, easy-to-read article based on my recent Twitter thread, part one on Bitcoin and the nuclear future of our energy grid. In part one, I breakdown the narratives around energy markets in general and Bitcoin’s energy usage, cover some industry facts and insights and offer some of my personal opinions along the way for a hopefully enjoyable…
Month: November 2021
We want BTC Spot ETFs
Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot ETF while allowing Bitcoin Futures ETFs to begin trading. In a spot ETF, the fund holds the actual commodity (in this case bitcoin) whereas in…
KuCoin launches virtual office in the Bloktopia metaverse
Crypto exchange KuCoin has announced it will be opening a virtual office inside the skyscraper from the decentralized metaverse Bloktopia. In a Nov. 2 announcement, KuCoin said it would be joining the metaverse by launching an office inside Bloktopias platform, designed as a skyscraper. The virtual building has 21 different levels in recognition of the total supply of 21 million…
AscendEXs $50M raise highlights ambitions beyond exchange business
Global cryptocurrency and financial platform AscendEX recently concluded a $50 million Series B fundraiser that was backed by some of blockchains biggest venture funds, putting the company on track to bridge the gap between centralized finance and the budding world of DeFi. In an exclusive interview with Cointelegraph, AscendEXs head of business development Shane Molidor and Wes Kaplan, the platforms…
Bringing advanced trading tools to Coinbase
As our customer needs evolve and more sophisticated trading tools are required, we’re exploring creative solutions to continually improve the Coinbase experience for everyone on one unified platform. Starting today, a small number of Coinbase customers will begin gaining access to advanced trading functionality on coinbase.com, enabling a world-class trading experience plus access to other popular Coinbase features like staking…
Silk Road 2 Admin Forfeits $667,000 in Bitcoin to British Law Enforcement – Bitcoin News
According to reports, the founder of the now-defunct Silk Road 2 marketplace has forfeited more than half-million dollars worth of bitcoin to British authorities. White’s Silk Road 2 admin handle was called “Cthulhu,” and he also dubbed himself as “DPR2.” Silk Road 2 Admin Thomas White Forfeits $667K in Bitcoin In April 2019, Bitcoin.com News reported on Thomas White, the…
Monster-battle NFT game Axie Infinity soars in popularity among developing nations
It’s no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have made it possible for users to make money by simply playing the game. Attime of publication, Axie Infinity…
ADALend Ignites the Defi Space – Sponsored Bitcoin News
sponsored ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO). ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated KYC requirements of the mainstream banking system. The protocol will improve digital assets’ capital efficiency by enabling assets accumulated…
Liquid For Bitcoiners Confidential Transaction
Hardcore Bitcoiners are understandably skeptical about Blockstream’s Liquid sidechain. But as the Bitcoin ecosystem grows, we’re going to need more services backed by Bitcoin that the Bitcoin network itself can’t provide. Liquid is a semi-centralized side chain that — crucially — has no unnecessary shitcoin. This blog series will discuss some of the use cases that are now possible through…
Eric Adams wins NYC mayoral race
Democrat Eric Adams, who said he planned to make New York City the center of Bitcoins if elected mayor, has won his race against Republican Curtis Sliwa. Following the Nov. 2 Election Day results, Adams will be replacing Bill de Blasio as the mayor of New York City, defeating Sliwa and other candidates with 72.8% of the vote. He is…