This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. “We are all in this together.” So say the altcoiners when regulators are bearing down on them. Also altcoiners: “Bitcoin is wasteful, outdated and toxic.” The weird frenemy status that Bitcoin enjoys among altcoiners is as arbitrary as…
On Monday, decentralized autonomous organization Panda DAO put forth a new proposal to dissolve itself and return assets back to investors. According to the seven-point referendum, between 500 million to 700 million PANDA tokens out of 1.292 billion PANDA in circulation would be distributed among investors. Of those remaining, some would be redistributed among liquidity providers. Meanwhile, an estimated 50…
South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a ‘Red Notice’ — suggesting global law enforcement agencies may attempt to find and detain him. According to a Monday report from the Financial Times, the Seoul Southern District prosecutors’ office said it had “begun the procedure” to place Kwon on Interpol’s…
Ethereum classic fell to a two-month low to start the week, as prices in the cryptocurrency market continue to decline. Uniswap also slipped to a multi-month low on Monday, as the token hit its weakest level since July. As of writing, the global crypto market cap is down 5.08% Ethereum Classic (ETC) Ethereum classic (ETC) was one of the most…
THNDR Games launches a new solitaire game enabling users to play and earn bitcoin.The familiarity of solitaire is meant to make onboarding more comfortable for first-time bitcoin gamers. Over 80% of the company’s users earn their first bitcoin through THNDR Games with 60% of its base located in emerging markets. THNDR Games, a bitcoin-only gaming company, has launched Club Bitcoin:…
A recent report from technology research and advisory firm Technavio predicts that the Metaverse will hit a market share value of $50.37 billion by the year 2026. Therefore, it shouldn’t come as a surprise that the trillion-dollar fashion industry has started taking a major interest in the Metaverse. While most luxury labels and brands remain focused on creating nonfungible tokens…
In brief Autograph, the NFT company co-founded by Tom Brady, will create official PGA Tour collectibles. The platform will launch in early 2023 and offer potential real-world perks for fans. The PGA Tour is the latest storied sports league to enter the NFT space, today announcing a long-term pact with NFT startup Autograph—which was co-founded by NFL icon Tom Brady—to…
The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin markets by shorting the crypto asset. However, one of the individuals notes that the odds…
Major Indian cryptocurrency exchange WazirX has opted to delist the USD Coin (USDC) from its platform and convert the remaining balances into Binance-backed Binance USD (BUSD) stablecoin. WazirX officially announced on Monday that it has stopped deposits of USDC alongside other stablecoins like Pax Dollar (USDP) and TrueUSD (TUSD). According to the announcement, the platform will instead offer the BUSD…
This is an opinion editorial by Jesse Willms, a Canadian Bitcoin reporter. In a stunning win, Pierre Poilievre received 68% of the first ballot points to become the leader of Canada’s Conservative Party, becoming the first outspoken Bitcoiner to do so. “The win not only exceeded the wildest expectation of the Poilievre campaign, but — with the notable exception of…
