Former FTX chief executive officer Sam Bankman-Fried used Twitter and other means to spread “fake rumors” about Binance chief executive officer Changpeng Zhao, according to Patrick Hillmann. In an April 21 Twitter thread, Hillmann — the chief strategy officer at Binance — said Bankman-Fried used his influence to label CZ as an ‘evil Chinese’ through “fake rumors” to perpetuate his…
A closer look at the current state of crypto taxation worldwide reveals a trend toward increased regulation and maturity, with many governments recognizing the potential benefits of blockchain technology in various sectors. As the blockchain and cryptocurrency industry continues to evolve and gain mainstream adoption, the regulatory landscape surrounding them is also evolving rapidly. Cointelegraph Research has recently published its…
Xrp plunged to a multi-week low in Friday’s session, as the token slipped for a third consecutive session. The move pushed prices to their lowest point since late March, with the global market cap trading 2.39% lower as of writing. Cardano also fell to a two-week low. XRP, formerly ripple, was deep in the red on Friday, as prices fell…
Legendary investor Warren Buffett sees no value in Bitcoin (BTC), infamously calling it “rat poison squared.” But data shows that adding Bitcoin to a so-called “Rat Poison Portfolio,” an equally weighted portfolio of Berkshire Hathaway, Microsoft, JPMorgan, and BlackRock stocks, would have produced much better returns for The Oracle of Omaha. “Rat poison portfolio” with Bitcoin does better Since 2014,…
The Polygon network, formerly the Matic network, is an Ethereum-scaling protocol that reduces cost and embeds high security. In a short span, Polygon has gained a high level of traction. A string of solutions on a single network sets Polygon apart from other Ethereum scaling projects. It empowers developers to zero in on a scaling solution that works best with…
Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain threshold. European Lawmakers Endorse Groundbreaking Crypto Assets Legislation Europe’s new common rules for the crypto space were…
Fresh data from Glassnode demonstrates that Bitcoin’s (BTC) Lightning Network is significantly cheaper to use than legacy payment networks. The median fee rate, or the cost of sending value across the Lightning Network, is 0.0029%, 1,000 times cheaper than that of MasterCard of Visa payment processors. James Check, lead analyst at Glassnode, told Cointelegraph that the median fee rate, or…
In brief Bluesky emerged from Twitter in 2019 as a side project aimed at creating a decentralized social media framework. Becoming independent from Twitter in 2022, the beta version of the Bluesky app was released in February 2023. While largely akin to Twitter in appearance, theBluesky app is substantially different in technical terms. It is built on decentralized AT protocol…
The unique characteristics of cryptocurrencies make them an interesting subject for game theory analysis, as they can help explain the incentives and behaviors involved in trading and investing. This article discusses the concept of the prisoner’s dilemma, mining cryptocurrencies and blockchain forks that are relevant to the game theory of Bitcoin and cryptocurrencies. Introduction to game theory and cryptocurrencies Game…
Rhett & Link, a popular internet comedy duo with tens of millions of followers across YouTube channels, have launched a dedicated channel on Web3 streaming video service Rewarded.tv, the service announced Friday. Rewarded.tv, the flagship offering of blockchain streaming platform Replay, incentivizes users to watch films, TV shows, and live channels with gamified, on-chain infrastructure that tracks and rewards viewership…
