“Never sell your bitcoin.” You’ve probably heard that one before. And it isn’t a completely unfounded piece of advice; built into the supply-predictable, demand-elastic protocol of Bitcoin is the assumption of increased purchasing power over time. But to what limit should that be followed? Many Bitcoiners have seen their bitcoin holdings relative to their net worth explode upward and sit…
A Bank of International Settlements (BIS) executive, Benoît Cœuré, says that crypto is “growing very fast” and ”becoming mainstream in different ways.” Emphasizing that decentralized finance (defi) is a “wake-up call” for financial regulators, he said countries “are likely to agree on a global framework for crypto next year.” BIS Officer Sees Defi as a Wake-up Call for Regulators, Global Policy…
If you have fallen far enough down the rabbit hole, you know that bitcoin’s supply schedule currently rewards 6.25 new bitcoin every 10 minutes, on average, to miners as a reward for successfully finding a valid nonce and committing a new block of transactions to the blockchain. This distribution schedule, the “block subsidy,” is Satoshi Nakamoto’s solution to the problem,…
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists Bank of Russia Can Limit Investments in Crypto Assets Russia’s monetary authority does not welcome investments…
Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest in the asset. The “Third Annual Bitcoin Investor Study” from…
Overshadowing its glory in previous years, the crypto ecosystem managed to maintain a year-long spotlight throughout 2021. Key catalysts include mainstream adoption of Bitcoin (BTC), a meme coin frenzy driven by Shiba Inu (SHIB) and Dogecoin (DOGE), and proactive participation from popular celebrities and authority figures. The year 2021 witnessed a greater inflow of influencers and celebrities to the space…
Illustration by Mitchell Preffer for Decrypt Elon Musk dominated Crypto Twitter this week. The Tesla and SpaceX CEO found himself in Senator Elizabeth Warren’s crosshairs on Monday and promptly went on the defensive. He also made a big announcement about Tesla and Dogecoin, and later he even surfaced on Turkish Twitter. Former first lady Melania Trump also announced her first…
The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone capture roughly 85.28% of the meme crypto market valuation today. Meme-Based Crypto Economy…
In brief Grim Finance is a “compounding yield optimizer” built on the Fantom Opera blockchain. It was the target of a multimillion dollar exploit Saturday. What? Did you expect something named “Grim” to deliver good news? The DeFi protocol was hacked for $30 million worth of tokens Saturday, Grim Finance confirmed, in an “advanced attack.” According to a tweet from…
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve, and outlined three of the “crises” that are holding back…
