Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy for the company, just when it had announced…
Month: May 2022
Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow – Altcoins Bitcoin News
Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE payments. Furthermore, Starlink subscriptions may also be paid with dogecoin “one day.” Spacex to Soon Accept Dogecoin for Merchandise Dogecoin got a little boost Friday when Tesla CEO Elon Musk announced via Twitter that Spacex…
The increasingly acute need for crypto-native insurance
The insurance industry has a long history of providing vital support for major leaps in innovation. It’s no coincidence that the modern insurance industry and the industrial revolution arose in parallel. Indeed, it has been convincingly argued that the invention of fire and property insurance — in response to the Great Fire of London — lubricated the gears of capital…
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’ – Regulation Bitcoin News
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital currency, the digital yuan. “The Chinese Communist Party will use its digital currency to control and spy on anyone who uses it. We can’t give China that chance,” said the senator who introduced the bill.…
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks – Altcoins Bitcoin News
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…
DoS Argument Against Bitcoin BOLT 12
This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. BOLT 12 is a proposal from Rusty Russel of Blockstream to optimize how payments are made over Lightning and ultimately become the successor to BOLT 11. Even though there are many different features packaged together in order to compose the BOLT,…
Brazilian university USP will conduct academic research in the metaverse
As reported by USP, the metaverse-centric research will be carried out by research groups interested in 3D modeling, psychology and human behavior and the effectiveness of virtual and augmented reality devices. These research domains will be evaluated within the context of the metaverse to understand how the new virtual world impacts user interactions. USP professor Marcos A. Simplicio Jr. highlighted…
Why Ava Labs Wants the Bored Ape Metaverse and ApeCoin on Avalanche
In brief Ava Labs has proposed moving Yuga Labs’ Otherside metaverse game and ApeCoin to Avalanche, an Ethereum competitor. Other platforms, both within and outside the Ethereum ecosystem, are similarly looking to take on the Bored Ape ecosystem. Last month’s launch of digital land plots for Yuga Labs’ Otherside—an upcoming Bored Ape Yacht Club metaverse game—marked a massive moment for…
3 metrics contrarian crypto investors use to know when to buy Bitcoin
Buying low and selling high is easier said than done, especially when emotion and volatile markets are thrown into the mix. Historically speaking, the best deals are to be found when there is “blood on the streets,” but the danger of catching a falling knife usually keeps most investors planted on the sidelines. The month of May has been especially…
How Bitcoin Saved A High-Risk Business
Jason Harris is a world-class American glass artist and founder of Jerome Baker Designs, a leading functional glass company founded in 2003 and based in Las Vegas, Nevada. The feds seized my website JeromeBaker.com during Operation Pipe Dreams, which was a federal effort to bring those of us selling bongs and pipes across state lines to justice. It was 2003.…