Former president Donald Trump was uncharacteristically quiet during his presidency when it came to cryptocurrency, tweeting about crypto just once during his four years in office. Yet in recent months, Donald and the rest of the Trump family have generated an array of crypto-related headlines. Donald Trump The former president is not now—nor has he ever been—a fan of crypto.…
Month: February 2022
How Lightning Network Events Bring Adoption
CryptoBeerKings Hosts First Successful Lightning Network Beer Event On a snowy evening in a bar near Denver, Colorado, 10 Bitcoiners got together to change the way businesses view Bitcoin and how they can attract a “new” type of customer. This event was put together by CryptoBeerKings (CBK), Bitcoin event planner and consultant, with a goal of showing a proof of…
Decentralised Socialfi Platform Boom Live on App Store, Unveiling Two NFT Airdrops – Sponsored Bitcoin News
sponsored Decentralised socialfi platform Boom has announced the launch of its application on the App Store and Google Play in addition to the Android version. For most Cryptocurrency projects, having to launch a mobile app is a huge accomplishment as it will attract a large number of users into the application, bringing the benefit of the application towards more users…
US-based crypto firms join forces for travel rule compliance
Many major crypto companies based in the United States have released a solution for the Financial Action Task Force’s Travel Rule. In a Wednesday blog post, crypto services provider Paxos announced the launch of the Travel Rule Universal Solution Technology, or TRUST, with members, including Coinbase, BlockFi, Gemini, Kraken, Robinhood, Circle and Fidelity Digital Asset Services. The endeavor is aimed…
What Is the Ethereum Name Service (ENS)?
In brief The Ethereum Name Service (ENS) works in a similar way to the internet’s DNS system, helping users find websites via names rather than numbers. ENS is not designed to replace DNS, but to work alongside it. In the early days of the web, to access a website you needed to type in the IP address, a string of…
How Adopting Bits Helps Bitcoin Newcomers
As the price of bitcoin will potentially increase over time, we need to adopt a new strategy to promote the relative affordability of bitcoin. In addition, we need to address and remove some legacy barriers which both confuse and intimidate people new to bitcoin. This article proposes some simple, easily executable ideas to address these issues and is intended to…
The Graph (GRT) gains momentum as Web3 becomes the buzzword among techies
The ongoing digital revolution and rise of the internet have upended the old global value structure over the past 30 years, and big data has become the new “gold” or “oil” — a fact demonstrated by the money-making capabilities of platforms like Google and Facebook. One blockchain project focused on the future of retrieving and managing data is The Graph…
Over 4,000 ‘Criminal Whales’ Hold $25 Billion Worth of Crypto: Report
New Chainalysis data has found that 4,068 “criminal whales” hold $25 billion worth of cryptocurrency. The firm defines criminal crypto whales as any private wallet that holds $1 million or more of cryptocurrency and has received 10% or more of those funds through illicit addresses. The data has been released in a preview of Chainalysis’ upcoming 2022 Crypto Crime Report,…
Canadian Police Tell Exchanges to Halt Bitcoin and Ethereum Trades Tied to Trucker Blockades
In brief Canada’s leading newspaper says the RCMP has sent letters to crypto exchanges. The RCMP campaign is part of actions to end the trucker blockades. Two of Canada’s biggest law enforcement agencies are telling cryptocurrency exchanges to block any transactions associated with dozens of wallets tied to the trucker blockades that have created mayhem at the country’s borders and…
NFT Sales Nosedive This Week as Volume Drops Close to 30% – Markets and Prices Bitcoin News
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly Non-Fungible Token Sales Plummet Despite Recent $23 Million Cryptopunk Sale Non-fungible token (NFT)…