In brief Kevin Rose’s Web3 media startup PROOF has raised $10 million from Alexis Ohanian’s VC firm, Seven Seven Six. PROOF’s recent Moonbirds Ethereum NFT launch has generated $446 million worth of trading volume to date. PROOF, the Web3 media startup from Digg co-founder and venture capitalist Kevin Rose, just made waves in the NFT space with the massive launch…
A new version of the original Bitcoin software client launched by Satoshi Nakamoto has been released today. Bitcoin Core 23.0 was worked on by 132 developers over about seven months to bring tangible improvements to Bitcoin Core’s wallet, peer-to-peer communication and network, fee estimation, and much more. This article explores some of the main changes. Wallet Updates Taproot Support Bitcoin…
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday, the crypto economy slid under the $2 trillion mark and gold prices dropped 1.6% against the U.S. dollar…
Miami Tech Week took place last week in the South Florida city as part of April’s Tech Month programming, which also included NFT Miami and the Bitcoin 2022 conference earlier in the month. Tech Week kicked off with the eMerge Americas conference and the myriad of panel discussions scheduled throughout the city that followed. Cointelegraph gathered some key insights from thought…
Twitter has entered a new age—one in which the company is owned solely by Dogecoin’s biggest fan: Elon Musk. Naturally, Dogecoin is booming—up 26% as of this writing, peaking at $0.1675—after the deal was announced. By comparison, Bitcoin and Ethereum were up 1.6% and 2% on the day, respectively. Dogecoin’s price is prone to react to Elon Musk’s accomplishments and…
The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Data from Cointelegraph Markets Pro and TradingView shows that after dropping as low as $38,210 in the opening trading hours…
Bitcoin is one of the most pivotal breakthroughs in the entire digital age in terms of transferring value between one person and another. It does not require intermediaries. It is secured by a decentralized quorum of miners and validated by every participant on the network who chooses to in order to guarantee the validity of individual payments. The architecture of…
Discover the latest offerings from Cointelegraph, including its new French regional version and soon-to-be released revamped mobile application. Source: https://cointelegraph.com/news/a-message-from-cointelegraph-s-ceo-jay-cassano-and-editor-in-chief-kristina-lucrezia-corner
In the hours and days before Tesla CEO Elon Musk’s purchase of social media giant Twitter, discussions on free speech were common among many online users both in and out of the crypto industry. Twitter announced on Monday that it will become a privately held company following its board of directors accepting a bid from Musk to purchase the firm’s…
According to local news outlet FinanceFWD, German entrepreneur Bastian Lehmann is making a move into the crypto industry with the creation of a new startup called “TipTop Labs.” Although details surrounding the venture remain unknown, its website states the firm seeks to provide “consumer finance solutions for an emerging web.” On its careers page, it appears that TipTop Labs is…
