Sam Abbassi is Founder and CEO of Hoseki, the proof-of-assets Bitcoin service. De Soto Dreams Of Electric Money Countries in the Global South are not poor because of culture, collective IQ, a lack of entrepreneurial spirit or market orientation; they are poor because they lack formal frameworks around property rights. Hernando de Soto discusses these topics at length in the…
Ether’s (ETH) 12-hour closing price has been respecting a tight $1,910 to $2,150 range for twelve days, but oddly enough, these 13% oscillations have been enough to liquidate an aggregate of $495 million in futures contracts since May 13 according to data from Coinglass. Ether/USD 12-hour price at Kraken. Source: TradingView The worsening market conditions were also reflected in digital…
Down eight weeks in a row, Bitcoin for the second straight week has set a record for the most consecutive losing weeks. Compared with a May 16 closing figure of $31,300, Bitcoin closed Monday at about $30,287, according to BitStamp data. Today’s price, as of this writing, was about $29,375. Before last week’s record seventh straight week of red candles,…
Although Web3 has become a sort of buzzword in the cryptocurrency community, its application and utility extend far beyond the world of blockchain, according to Polkadot founder Gavin Wood. In an exclusive interview with Cointelegraph at the World Economic Forum’s Annual Meeting in Davos, Switzerland, Wood talked about Web3 applications and whether the all-encompassing concept needed to evolve past its…
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio noted at the WEF conference that he believes blockchain is great, but says “let’s…
Bitcoiners have a certain penchant for taking things to the extreme. When it comes to privacy, I’ve never witnessed a group of people with a bigger vendetta against sharing information. If we’re talking about lifestyle, many Bitcoiners have entirely removed seed oils from their diet and then have refused to use sunscreen. And I couldn’t discuss extremes without mentioning the…
Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted by the Central Bank of Brazil. The LIFT Challenge Real Digital are a collaborative environment carried out by the Central Bank of Brazil (Bacen), in…
The Brave privacy web browser is continuing its push into Web3. The 1.39 desktop release now includes support for the Solana blockchain and its SOL and SPL tokens, the company announced today after first sharing its Solana plans back in November. (SPL tokens are similar to Ethereum’s ERC-20 tokens.) In the new browser version, the Brave Wallet can be used…
Stripe, one of the largest payment processors in the world, just announced businesses will be able to convert any amount of payments into bitcoin.The functionality comes through a partnership with Bitcoin Lightning Network infrastructure provider, OpenNode, through Stripe’s new app marketplace.Stripe simultaneously announced the launch of its app marketplace which allows custom UIs to integrate with Stripes global customer base.…
The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the 2022 World Economic Forum. There was general agreement that there has been a rush to judgment on the consensus mechanisms of crypto mining and education and careful policymaking can counteract it. “Crypto tribalism” on social media…
