El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin, the Salvadoran government explained. El Salvador Drafting Legal Framework for Bitcoin Bonds El Salvador’s finance minister, Alejandro Zelaya, said in an interview on local television Tuesday…
NFT marketplace Rarible temporarily cancelled orders from OpenSea and sent a series of tweets today outlining how it plans to help combat what it called “risky sale orders” on OpenSea with a new order management tool. The tool is designed to help users differentiate between their active and inactive orders to help prevent their NFTs from being mistakenly sold even…
It’s time to set the record straight. Too many who write or pontificate about Bitcoin do not know what progressivism means in the political realm of American politics — looking at you Daniel Kuhn. In reality, many ideas among progressives and the left, are wholly aligned with Bitcoin’s mission. “Progressive” is really an umbrella term that lumps together many left-leaning…
In brief Mozilla Foundation announced on Twitter that the non-profit now accepts Dogecoin donations. The news received swift backlash from the open-source community, especially from Mozilla co-founder Jamie Zawinski. The Mozilla Foundation, the non-profit organization behind the popular Firefox browser, announced Saturday that it has begun accepting donations in Dogecoin using BitPay. The open-source community was not impressed. The backlash…
An earlier version of this article was published on Medium on September 25, 2019. Something special happened in the first year or so after Satoshi gave us Bitcoin, something no one expected and many thought was impossible. Try to imagine Bitcoin back then, before you could buy things with it, before there was an exchange rate, before anyone really knew…
This past year was certainly a unique one for bitcoin. We saw the first bitcoin exchange-traded fund (ETF) get approved in the United States, the largest-ever Bitcoin conference in Miami, the much anticipated Taproot upgrade, all-time highs nearing $70,000, oh, and a nation state made bitcoin legal tender. Despite all this exciting news, some things never change — the FUD…
Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices have also provoked protests that could potentially affect the industry. Canaan Secures Mining Agreements With Companies in Kazakhstan…
Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chain that will best serve the needs of their protocol and community. One project that has 2022 off to a…
“Buy the dip!” Bitcoin proponents will tell you. But how do you know when BTC is done dipping? The price of Bitcoin is down again, shedding over 6% of its price tag in 24 hours. Since December 27, the coin has dropped from nearly $52,000 to $43,500, per data from CoinGecko. Bitcoin‘s market cap dominance—meaning the percentage of the overall…
While our economy is known for working in cycles of growth and decline, we know that this is a phenomenon that started only in the last century. Before that point, our economy didn’t work with a system that relied entirely on debt. It is this new reliance on debt leading to growth that started these cycles. As Dylan LeClair says…
