An intriguing narrative on Bitcoin emerged this year around the physical security offered by its proof-of-work consensus method. This narrative evolved from Jason Lowery, a commissioned officer in the U.S. Space Force and a U.S. National Defense Fellow enrolled in MIT, whose full-time job is to research Bitcoin for the U.S. Department of Defense (DoD). His opinions on the topic…
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of this year. Dogecoin and Shiba Inu Coming to AMC Theatres Soon The CEO of AMC Theatres, Adam Aaron, has provided an update on his company’s progress in accepting…
In brief Sunflower Farmers, a simple farming game on Polygon, is driving up gas fees on the network and slowing transactions. Polygon is a sidechain scaling solution that enables faster, cheaper transactions than the Ethereum mainnet. Shortly after CryptoKitties launched on Ethereum in 2017, the immense demand for the NFT collectibles game clogged up the blockchain platform, driving up fees…
I’ll start with some bad news. Unfortunately, the world of cryptocurrency has somewhat misappropriated Einstein’s name. There is the Canadian Einstein exchange, which collapsed into thin air in 2019. There is also the recently released Einstein token, part of whose timeline I note below. The website’s roadmap reads: “April 2021, Phase 1, Launch of website and social media channels. Creation…
The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its ongoing Bitcoin Development Fund. Launched in May 2020, the Bitcoin Development Fund is primarily focused on improving the Bitcoin network’s privacy, usability and security. The Foundation said that…
The fallout from the Federal Reserve’s recent hawkish comments about raising interest rates as soon as March continued to weigh heavily on the cryptocurrency market on Jan. 6. The Crypto Fear & Greed index has been dialed down to 15 and some traders are lamenting the possible start of an extended bear market. Crypto Fear & Greed Index. Source: Alternative Data…
In brief JPMorgan says that the delay of sharding may make it difficult for Ethereum to compete with rival chains for DeFi market share in the future. Ethereum devs and contributors say their focus on security gives the network a solid foundation upon which to grow. Ethereum popularized decentralized finance, and app developers on the network turned it into a…
press release PRESS RELEASE. Pocket Network exceeded $56,000,000 in monthly revenues in December placing it in the Top Five revenue producer for blockchains globally surpassing many well known chains. Tampa Bay, Florida, U.S.A – 6th January 2022 – Pocket Network – an infrastructure middleware protocol that provides decentralized cloud computing and abundant bandwidth on full nodes to other applications across…
The leadership at video game firm Sega Corporation’s holding company has suggested that they may avoid nonfungible tokens in play-to-earn model games based on the response from users. In a Dec. 14 meeting of Sega Sammy Holdings’ CEO Haruki Satomi, senior executive vice president Koichi Fukazawa, and Sega Corporation President Yukio Sugino, the trio said they needed to “carefully assess”…
According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to create the appropriate regulatory framework for crypto assets. Cryptocurrencies Could Boost Reserves Pakistan may potentially raise billions of dollars from crypto assets held by its nationals or…
