This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. Our relationships have an unwelcome intruder, and that’s the government. A society is a network of relationships between people. An edge should be bilateral and relationships should be direct, but unfortunately, in today’s fiat world, they are not.…
The Tron network’s annual electricity consumption is equivalent to that of just 15 U.S. households, according to a report prepared by the Crypto Carbon Ratings Institute. The commissioned report produced on behalf of the Tron network found that as of July 2022, Tron’s annual electricity consumption stands at 162,868 kWh. Per the U.S. Energy Information Administration, the average annual electricity…
press release PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launching initially on next-generation decentralized exchange (DEX) Orca, will allow users to earn higher yields in a fully automated way simply by…
press release PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launching initially on next-generation decentralized exchange (DEX) Orca, will allow users to earn higher yields in a fully automated way simply by…
According to local news outlet 7News, two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari, received an AUD$10.5 million deposit from Singaporean crypto exchange Crypto.com after the latter made an error in issuing an AUD$100 refund. Instead of the refund amount, an employee allegedly typed an account number in the payment section, resulting in an erroneous transfer to their…
Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3 wallet support to 100 countries during the first week of August. Meta’s NFT Rollout Continues as Social Media Giant…
Thailand’s Securities and Exchange Commission, or SEC, announced enforcement actions against the chief technology officer of crypto exchange Bitkub allegedly using insider information around the purchase of Bitkub Coin (KUB). In a Tuesday announcement, the Thai SEC said it had fined Bitkub CTO Samret Wajanasathian 8,530,383 baht — roughly $234,000 at the time of publication — and intended to bar…
Flow rose for a second consecutive session on Tuesday, as the token climbed by 12% earlier in the day. The rebound comes after prices fell to a one-month low over the weekend. Cosmos was also in the green, as it, too, hit a five-day high. Overall, the global crypto market cap is up 0.68% as of writing. Flow (FLOW) Flow…
Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView June lows look increasingly attractive Data from Cointelegraph Markets Pro and TradingView captured the latest dive below the 2017 bull market peak for BTC/USD, with United States equities dropping in step. The…
GoTo purchased PT Kripto Maksima Koin by acquiring 100% of available shares.The tech giant paid about $8.38 million for the acquisition to become a money management firm.GoTo reportedly accounts for 2% of Indonesia’s total GDP. The biggest technology firm in Indonesia, GoTo Gojek Tokopedia Tbk (GoTo), entered the Bitcoin and cryptocurrency space by acquiring local exchange PT Kripto Maksima Koin,…
