South Park doesn’t usually miss a beat when it comes to satirizing pop culture. And last night’s episode was no different as the series took aim at Bitcoin. “It’s the future — we’ve all decided centralized banking is rigged so we trust more in fly-by-night Ponzi schemes” a motel clerk declares to Stan Marsh in the episode. On the motel’s…
Month: November 2021
Bitcoin Wallet Ledger Adds Support for PSBTs, Multisig
Ledger has launched the latest version of its Bitcoin application, adding support for partially-signed bitcoin transactions (PSBTs), data Merkleization, and new wallet policies, the company said in a statement. The update enables users to create secure multisignature setups with their Ledgers and for Taproot use cases to come in the future. “In order to reach a billion users, it is…
Nigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round – Emerging Markets Bitcoin News
A Nigerian crypto exchange, Busha, recently raised over $4 million in a funding round led by Jump Capital. Busha, a Nigerian cryptocurrency exchange, is reported to have raised a $4.2 million seed funding round recently. These funds, according to the exchange, will be used to expand its operations across Africa. Financial Freedom According to a report by Disrupt Africa, Jump…
Tanzania reportedly makes plans to launch CBDC
The Bank of Tanzania is reportedly planning to introduce a central bank digital currency, or CBDC, for the African nation after neighboring countries announced similar initiatives. According to a Friday Bloomberg report, Bank of Tanzania Governor Florens Luoga said on Nov. 25 that Tanzania was planning to follow Nigeria’s example in rolling out its own CBDC. Luoga reportedly said that…
Bitcoin Catches a Break in DC as Biden Pick for OCC Stumbles in Senate
In brief The Senate is set to reject Biden’s pick to head of the Office of the Comptroller of the Currency. The nominee, Saule Omarova, has been a vocal critic of crypto. The Senate is poised to reject the White House’s choice to lead the Office of the Comptroller of the Currency (OCC), the federal agency charged with overseeing the…
Bitcoin Is The New New World
Freedom The opportunity to reach one’s full potential As the nobility of European society increasingly accrued more of the wealth of their nations, they gave rise to a new type of subject … the colonist. Still subject to the king’s laws, these pioneers put up the only capital most had to risk, their lives, with hopes of owning the one…
Crypto Analytics Startup DappRadar to Launch RADAR Token
In brief DappRadar, a popular blockchain analytics platform, will decentralize and launch its own token. The startup has not yet announced how it will distribute the RADAR token. For the last three years, DappRadar has shared data and analytics about the rapidly growing decentralized apps (dapps) and games industry. Now the startup plans to decentralize itself by launching its own…
DappRadar pivots business model to dApp store with native token
DappRadar, a popular platform that provides analytics and portfolio tracking for the decentralized application (dApp) and nonfungible token (NFT) markets, has announced an upcoming company restructuring to a decentralized business model, in addition to releasing a native governance token, RADAR. Founded in 2018, the site currently boasts over 4 million global users, 600,000 of which are uniquely active on a…
Stablecoin issuers poised to be banks of the future on road to adoption
There is no denying the fact that the crypto market has grown from strength to strength over the course of 2021, as is best highlighted by the total capitalization of the industry recently hitting the $3-trillion mark, albeit for a relatively brief period of time. That said, stablecoins, a class of cryptos that have their value pegged to a fiat…
Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report
In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency. On Wednesday, the Google team said out of 50 analyzed incidents that compromised the Google Cloud Protocol, 86% were related to crypto mining. The hackers used the compromised Cloud accounts to access resources from…