In brief As the creator of Ethereum, Vitalik Buterin is arguably the face of cryptocurrency. The success of his creation has caused him to wrestle with personal values he deems contradictory. One might expect the inventor of the world’s second-largest cryptocurrency to boast about its successes. But Ethereum co-founder Vitalik Buterin is instead preoccupied figuring out how he feels about…
Month: May 2022
Enterprise-grade Liquid Staking Standard with Support of Coinbase Cloud and Figment | by Coinbase | May, 2022
Tl;dr: Enterprise-grade liquid staking is an industry gap. The first-ever enterprise-grade liquid staking protocol is being launched by a highly experienced team of founders, with early support from Coinbase Cloud and Figment. We couldn’t be more excited to announce that Coinbase Cloud, in collaboration with Figment, is supporting a group of experienced founders and operators who are building the first…
Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate – Mining Bitcoin News
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates with 37.69%, according to CCAF researchers. China Is Still the World’s Second-Largest Concentration of Bitcoin Miners…
NFT prices take a gut punch as the crypto bear market deepens
Without fail, crypto has a way of humbling even the most self-assured and this market is definitely not for the faint of heart. NFT investors have entered what appears to be a bear market and the recent chaos is also impacting community morale. The decline in NFT prices occurred as the United States Federal Reserve raised interest rates, Terra’s Luna…
Covert Chinese Bitcoin Miners Still Account For 21% of Network Hashrate: Report
China has reemerged as a major Bitcoin mining hub, with covert miners accounting for more than one-fifth of the network’s hash rate, according to data from the Cambridge Digital Assets Programme (CDAP). The CDAP is a public-private research initiative being hosted by the Cambridge Centre for Alternative Finance (CCAF), known for its widely cited Bitcoin Mining Map. The Chinese government…
CoinCorner Releases The Bolt Card For Bitcoin
CoinCorner has released The Bolt Card, an NFC-enabled Lightning card.Similar to a Visa, users would just tap their card on a Lightning-enabled POS to spend bitcoin.CoinCorner and BTCPay Server gateways are supported with multiple vendors and more to come. CoinCorner, a leader in bitcoin and Lightning Network services, has announced The Bolt Card – a contactless, near-field-communication (NFC) card powered…
Coinbase Commerce expands merchant access to crypto payment acceptance with Primer | by Coinbase | May, 2022
TL;DR: Our latest integration with Primer will enable merchants to quickly and easily add cryptocurrency acceptance into their checkout experiences. As the payments ecosystem continues to evolve, the checkout experience is getting even more complex. Consumers are faced with an increasing number of options for payment, and it’s crucial for merchants to ensure that consumers are offered maximum flexibility otherwise…
Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants – Bitcoin News
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include an algorithmic stablecoin, and the newly minted tokens from the network will be…
Global financial regulators will discuss crypto at G7: Report
Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies. According to a Tuesday report from Reuters, Bank of France Governor François Villeroy de Galhau said representatives from the United States, Canada, Japan, Germany, France, Italy and the United Kingdom will likely speak on issues related to a…
Robinhood Plans Ethereum Wallet With DeFi, NFT Trading—And No User Gas Fees
In brief Robinhood’s new wallet will give customers full control over crypto and NFTs. The new wallet will complete with the likes of Coinbase Wallet and MetaMask. There is a waitlist for the wallet, which is expected to launch by end of the year. Robinhood is wading deeper into the world of crypto, announcing on Tuesday that the company is…