Does Bitcoin have a critical weakness? In Greek mythology, Thetis dipped her infant son Achilles into the River Styx to give him the power of invulnerability. Achilles grew to become a seemingly-invincible warrior, but he was felled when a poison arrow struck him in the heel, the very spot where Thetis had held him when she dipped him in the…
The American streaming television service Sling TV has announced the company is now accepting cryptocurrency payments from customers paying their monthly subscriptions. Sling TV detailed the company is leveraging the crypto payment provider Bitpay and will accept seven different cryptocurrencies and five stablecoins. Sling TV to Accept Crypto Assets for Monthly subscription Services Sling TV LLC, has revealed that it…
In brief Timothy McKimmy wants his Bored Ape NFT back and/or damages of more than $1 million. His lawsuit may be just the first one over an exploit involving “inactive listings” on OpenSea. A Texas man who unwittingly sold his Bored Ape NFT for 0.01 ETH—the equivalent of around $26—is suing OpenSea, alleging the platform knew about a bug that…
Why does the world seem to have gone mad? How does this phenomenon work? What’s driving it and where does it go if we’re not careful? How can we actually use this for good? The orange pill prescription. If you’re wondering why the world appears to have gone somewhat crazy, and wonder why no one else notices, rest assured, you’re…
Interoperability between separate blockchain networks has become a major theme in the cryptocurrency market over the past year, but several major exploits — such as the $321 million Wormhole exploit — have highlighted the difficulties in achieving cross-chain transfers in a secure manner. One protocol that has been gaining traction in February thanks to its alternative approach to achieving cross-chain interoperability…
Amid the barrage of last week’s regulatory news, from rumors of Joe Biden’s upcoming executive order on digital assets to another round of the Russian government’s crypto tug of war, the storyline that was arguably the most consequential for the mainstream narrative on the social effects of crypto has been the one around the Canadian government’s standoff with the Freedom…
Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator chip at this year’s International Solid-State Circuits Conference (ISSCC). Intel’s Bonanza Mine Crypto Chip Products Introduced at ISSCC Information concerning Intel’s new crypto mining…
Magic Eden, the largest NFT marketplace on Solana by volume, announced on Saturday the relaunch of its “white glove minting and marketing service” called Launchpad. The service allows NFT creators to drop their collections directly on Solana’s most popular marketplace, but the company paused the service two weeks ago after two high-profile rug pulls scammed investors out of hundreds of…
press release PRESS RELEASE. Celebrity NFTs have proven to be an important collectible class that continues to rise in popularity, including traditional auction sites. Beetlejuice, the pop-culture icon with millions of Howard Stern Show fans and social media followers, is now conquering the NFT world. His NFT continues to receive more views on Goldin‘s February Elite Auction than some of…
A new proof of concept decentralized autonomous organization, or DAO, called FriesDAO wants to democratize access to the fast food industry. Cointelegraph spoke to FriesDAO advisors Brett Beller and Bill Lee about their mission to be a “part of something that will connect crypto and virtual ownership to real-world assets.” FriesDAO aims to acquire and scale fast food restaurant franchises like Popeye’s,…
