Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest in the asset. The “Third Annual Bitcoin Investor Study” from…
Overshadowing its glory in previous years, the crypto ecosystem managed to maintain a year-long spotlight throughout 2021. Key catalysts include mainstream adoption of Bitcoin (BTC), a meme coin frenzy driven by Shiba Inu (SHIB) and Dogecoin (DOGE), and proactive participation from popular celebrities and authority figures. The year 2021 witnessed a greater inflow of influencers and celebrities to the space…
Illustration by Mitchell Preffer for Decrypt Elon Musk dominated Crypto Twitter this week. The Tesla and SpaceX CEO found himself in Senator Elizabeth Warren’s crosshairs on Monday and promptly went on the defensive. He also made a big announcement about Tesla and Dogecoin, and later he even surfaced on Turkish Twitter. Former first lady Melania Trump also announced her first…
The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone capture roughly 85.28% of the meme crypto market valuation today. Meme-Based Crypto Economy…
In brief Grim Finance is a “compounding yield optimizer” built on the Fantom Opera blockchain. It was the target of a multimillion dollar exploit Saturday. What? Did you expect something named “Grim” to deliver good news? The DeFi protocol was hacked for $30 million worth of tokens Saturday, Grim Finance confirmed, in an “advanced attack.” According to a tweet from…
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve, and outlined three of the “crises” that are holding back…
Preface: All human action stems from the desire to increase our supply of accessible energy reserves. Humans act to transform energy from inaccessible to accessible. We seek to acquire energy reserves to provide security for an unpredictable future. The more energy reserves we have access to the higher the likelihood we are able to survive periods of stress or hardship.…
On Sunday, December 19, a dormant address that received 235 bitcoin in 2013 was activated after more than nine years of sitting idle. Bitcoin’s price has dropped lower after reaching its all-time high on November 10, and throughout December, records show a great number of so-called ‘sleeping bitcoins’ have activated during this period. Dormant Addresses Wake up After Years of…
It is no secret that nonfungible tokens (NFTs) are still a niche subject. Despite their rapid surge in popularity during 2021, there is still a significant percentage of people who do not know what an NFT is. Reflecting on the graph below, it is evident that a lot of work needs to be done for NFTs to truly hit the…
What does mass adoption mean for the blockchain industry? Has it started yet? If not, what could get it going? Source: https://cointelegraph.com/explained/crypto-mainstream-adoption-is-it-here-already-experts-answer-part-1
