Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, there were some major developments in the run-up to the upcoming Ethereum Merge slated for Sept. 15. Bitfinex became the latest crypto exchange to throw its support behind the chain split…
Month: August 2022
A wake-up call for Ethereum’s future
Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider Hetzner, reiterated its stance against allowing mining operations for both proof-of-stake (PoS) and proof-of-work (PoW) applications. Hetzner, a private, centralized cloud provider, stepped in on a discussion around running blockchain nodes, highlighting its terms of services that prohibit customers from…
Report Shows the Country Has 115 Million Crypto Investors – Featured Bitcoin News
A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the recent market downturn, with more than half of the crypto investors surveyed planning to increase their crypto investments in the coming six months. Indian Crypto Ecosystem Is Growing, Report Shows Cryptocurrency exchange Kucoin published a report on India’s cryptocurrency…
Energy, Currency And Deglobalization Warning Signs – Bitcoin Magazine
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. This Bitcoin Magazine Pro article is the first in a two-part series on the changing world order, its impacts on the…
How Countries Could Kill Bitcoin Adoption – Bitcoin Magazine
This is an opinion editorial by Interstellar Bitcoin, a bitcoin pleb. In a hypothetical world, imagine we are trying to stop Bitcoin. Why might we do it? How would we do it? What actions would we need to take? Where would this get us? To answer these questions, we first must talk about Bitcoin in a little more depth. “If…
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement – Bitcoin News
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and its business.” Crypto Flare Mitigation Company Crusoe Files a Lawsuit Against the Texas-Based Alkane Midstream Gas-to-bitcoin flare mitigation company Crusoe Energy filed a lawsuit…
What Does It Mean To Orange-Pill Someone – Bitcoin Magazine
This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made Simple” and Bitcoiner. If you have been in bitcoin long enough or been around someone who is a strong proponent of bitcoin you will have eventually heard this phrase: “I orange-pilled my (friend/brother/mom/dad etc.).” I’ve never been very fond of the phrase, although I agree with…
Solana Now Has a Beer—With DeGods, Okay Bears and Other NFTs on the Can
In brief Solana Summer Shandy is a new beer from barrelDAO, a community-governed brewery. The cans feature imagery from numerous Solana NFT projects, and the packs are sold through redeemable NFTs. There’s a Solana smartphone, and a Solana IRL store—and now a Solana beer. Solana Summer Shandy just dropped today, but unlike the recently-opened store and upcoming smartphone project, this…
NYDIG Announces Lightning Accelerator Project – Bitcoin Magazine
On August 26, 2022, Ross Stevens, CEO of Stone Ridge Holdings Group and executive director of the New York Digital Investments Group (NYDIG) subsidiary, made an impromptu appearance at BitBlockBoom in Austin, Texas, for a special and unprecedented announcement. Stevens has long been a proponent of Bitcoin through his Stone Ridge shareholder letter, his co-written article, “On Impossible Things Before…
Afghanistan Closes Down 16 Cryptocurrency Exchanges, Arrests Operators – Exchanges Bitcoin News
Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The offensive comes after the introduction of a ban on online foreign exchange that the Taliban seem to have applied to coin trading as well. Taliban Government Goes After Crypto Trading in Afghanistan Citing Scamming as Motive Afghan security…