This is an opinion editorial by Boomer, a long-time and active member of the financial independence/retire early (FIRE) movement. Deep down, we all knew this was going to happen. Bear markets suck, and they’re especially bad if it’s your first. Every bear market is different and there will always be people out there that will tell you that the sky…
Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has been used to launder over half a billion dollars in ill-gotten crypto assets. According to an Aug. 10 report, crypto bridge RenBridge has facilitated the laundering of at least $540 million in proceeds of crime since 2020…
Ethereum is entering the final stages of preparations for the much-anticipated Merge event after Goerli, the network’s third and final testnet, successfully switched over to a proof-of-stake (PoS) consensus algorithm on Wednesday evening. ETH was up 14% in 24 hours at the time of writing, buoyed by anticipation of the Goerli merge. Earlier this summer, the Ropsten testnet successfully transitioned…
Daniel Batten is a climate tech investor, author, analyst and environmental campaigner who previously founded and led his own tech company. Why A Climate Tech Investor Got Excited About Gases From Garbage Since 2013, climate technology has grown at a similarly astounding pace to bitcoin itself: up 210% in the last year, and up 20,933% since 2013. In fact, climate…
Animoca Brands co-founder and chairman Yat Siu has urged for more developers to enter the Web3 space, warning that without “choice” there can be no “decentralized environment.” Speaking to Cointelegraph during Korean Blockchain Week (KBW) 2022, Sui stressed that more developers need to come into the space to give consumers more alternatives when it comes to their platform of choice…
President Joe Biden stated Wednesday that the U.S. economy had zero percent inflation in July following the latest CPI report. “Biden is claiming that we saw zero percent inflation last month. But there’s a zero percent chance that’s the case. Inflation in July was 8.5%, which is still a 40-year high,” said a lawmaker. Biden’s Zero Inflation Comment and Responses…
The email marketing platform Mailchimp has been suspending the accounts of crypto-related content creators and media outlets this week. The list of affected customers includes self-custody crypto wallet Edge, crypto intelligence firm and Messari, and Decrypt, which had been using Mailchimp for its newsletter for more than four years. well @Mailchimp has suspended the Messari email account for no reason.…
Coinbase CEO Brian Armstrong says “the more regulation there is for crypto, the better it is for Coinbase.” He revealed an inquiry from the U.S. Securities and Exchange Commission (SEC), noting: “We do not yet know if this inquiry will become a formal investigation.” Coinbase’s CEO on Crypto Regulation The CEO of Coinbase Global (Nasdaq: COIN), Brian Armstrong, discussed his…
This is an opinion editorial by Emeka Ugbah, host of the “Bitcoin This Blockchain That” podcast based in Rwanda. Imagine that you are nursing a cup of caffé mocha in a coffee shop in Lower Manhattan. Then you overhear this African-looking fellow — who, from his countenance, confident demeanor and high-energy voice, strikes you as a Nigerian — saying that…
It’s a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald Cotten, co-founder of Canada’s then-largest cryptocurrency exchange QuadrigaCX, died under mysterious circumstances in India. But, before his passing, Cotten took virtual keys for digital wallets and moved them into cold storage, leading to the permanent loss of $190 million in…
