Smart contract auditing firm Hacken CEO Dyma Budorin thinks Web3 cybersecurity providers are failing the crypto industry and that “huge blind spots” in market practices are impacting investor behavior. Budorin believes a lack of accountability and transparency in the audits many providers perform falls short of reassuring users and projects. Currently, smart contract auditors take no accountability if a token…
Shark Tank star Mark Cuban has come up with a way to solve Twitter’s spam problem using the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk agrees that it is “not a bad idea.” Twitter recently accepted Musk’s buyout offer. Elon Musk Optimistic About Mark Cuban’s Dogecoin Idea Tesla CEO Elon Musk has been discussing on Twitter how…
Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that the cryptocurrency makes him look bad. Warren Buffett Explains Why He Won’t Buy Bitcoin Warren Buffett and Charlie Munger talked about bitcoin during Berkshire Hathaway’s…
Wikipedia’s parent organization, the Wikimedia Foundation, will no longer be accepting any donations in Bitcoin, Bitcoin Cash, or Ethereum after some community members sparked a three-month long debate about the pros and cons of crypto. The news comes shortly after the foundation conducted a poll where more than 70% of respondents said they wanted to discontinue all cryptocurrency donations. “The…
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main regulatory body for the industry. Agency Under President Mirziyoyev to Oversee Crypto Market in Uzbekistan Uzbekistan’s head of state, Shavkat Mirziyoyev, has signed a new…
A few days of consolidation from BTC price could lead to a healthy bounce from LUNA, NEAR, VET and STEPN. Source: https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-luna-near-vet-gmt
Yuga Labs, the startup behind the Bored Ape Yacht Club (BAYC) that’s valued at $4 billion, had its highly anticipated Otherside metaverse mint on Saturday night, clogging the Ethereum mainnet and sending gas prices to shocking heights. In less than 24 hours, Yuga Labs has generated more than $561 million from just the Otherside’s “Otherdeed” NFT sales. NFTs are unique…
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…
Illustration by Mitchell Preffer for Decrypt Like the rest of tech Twitter, crypto Twitter spent most of this week obsessed with Elon Musk’s will-he-or-won’t-he-buy-the-platform saga. On Monday, the microblogging giant accepted Musk’s $44 billion takeover bid. That put El Salvador’s authoritarian president, Nayib Bukkele, in a festive mood. Like Musk, Bukele is bullish on Bitcoin—so much so that he made…
Jameson Lopp, one of the earliest developers in Bitcoin says, “Nobody understands bitcoin, and that’s okay.” Truer words were never spoken. It’s actually a useful starting point for the topic I’m writing about now. I’m absolutely neutral on whether you decide to buy or, better yet, save in bitcoin. My only goal is to help chip away at our collective…
