Decoupling Exploitation From Gain: How Bitcoin Ends Injustice And The Importance of Orange-Pilling The Activist Community Tens of millions of people in the United States consider themselves activist- and social justice- minded; individuals engaged in some form of work that is either directly or tangentially focused upon political/social change. Indeed, according to Gallup, some 40% of Americans see themselves as…
The tally of cryptocurrency donations sent to Ukraine’s government and NGOs since the start of its armed conflict with Russia is nearing $10 million, including $1.86 million from one NFT (non-fungible token) collection, according to blockchain analytics firm Elliptic. That total is rising rapidly as donations pour in for what’s been dubbed the “world’s first crypto war.” The crypto war…
Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is helping to increase the value proposition for the network which has historically has been plagued with scaling issues and high transaction costs. Alongside this transition has been the introduction of liquid staking, which is helping to add utility…
After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for a significant premium. Crypto in Ukraine Sees Premiums The ongoing conflict continues in Ukraine after…
Why Choose A Bitcoin Standard? I have been involved in cryptocurrency for a few years now, dedicating my time and effort to educating people about the fundamentals and global benefits. I run a podcast (“The Crypto Standard”) educating listeners in a fun and understandable way. So why have I picked a bitcoin standard over any other cryptocurrency out there? The…
This week in coins. Illustration by Mitchell Preffer for Decrypt. On Tuesday, news that Russian President Vladimir Putin had formally recognized two breakaway states in eastern Ukraine—the so-called Donetsk People’s Republic (DNR) and Luhansk People’s Republic (LNR)—caused Bitcoin to drop 5% in 24 hours. Other top cryptocurrencies—XRP, Cardano, and Solana among them—fell by as much as 12%. In the run-up…
You go to sleep one day and wake up the next to find your country is under attack by a foreign power, bombs are falling from the sky in major cities targeting military and critical infrastructure and foreign troops are moving in from all directions. It’s difficult to understand the fear that someone would experience in such a situation, but…
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a dirtier process after the Chinese…
Cosmos (ATOM) and harmony (ONE) were some of today’s big gainers, as the global crypto market cap was up 1.23% to start the weekend. Terra (LUNA) was also higher, extending its recent gains to a sixth consecutive trading session. Cosmos (ATOM) Cosmos (ATOM) is currently trading over 13% higher in today’s session, climbing to its highest level since February 17.…
Last year, in an article titled “The Left Should Talk About Cryptocurrency,” the left-wing culture writer Hussein Kesvani argued that Web3 and Ethereum-adjacent cryptocurrencies would “inevitably” change the world—for good or ill. As such, he said, it was up to leftists to reclaim the technology from libertarians and anarcho-capitalists appropriating socialist terms and ideals. Such appropriators include crypto influencer Li…
