“If I’m wrong about these things I would love to be corrected,” said Dalio. In a Twitter thread posted on Nov. 17, Dalio stated he believed that Bitcoin (BTC) was not an effective medium of exchange nor a store of value due to its volatility. He also asserted that governments could outlaw crypto assets if […]
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Some predicted the pandemic would provide the “perfect storm” for blockchain adoption. Did they overpromise? On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic’s end — as the virus continues to rage in the United States and Europe — once […]
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As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems. As technological innovations continue to spread across Africa, the continent could provide some unique use cases for blockchain technology. African has been continually driving innovation in a number of spaces, with mobile payments a prime example of […]
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2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges. There are very few investments that can deliver an infrastructure-style downside case with a venture-capital-style upside. The combination of energy arbitrage with accumulating a balance sheet of Bitcoin (BTC) can deliver this. That is why we are seeing a rush […]
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Connecting DeFi with traditional financial instruments will give a massive boost to the whole market. With over $13 billion in total value locked, decentralized finance has truly shaken the crypto world in the last year. It has provided a new way to profit from the crypto market. Meanwhile, DeFi right now is only a niche […]
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“If we’re not solving actual problems, what is the point of any of this?” Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week our 6 Questions go to Sheila […]
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Are a raft of recent FUD events coincidental, or are global authorities targeting unregulated crypto exchanges? The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October heightened last week — and it had nothing to do with the United States presidential election. “Weird […]
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An unknown mining group currently controls more than half of the Grin blockchain’s hashing power. Grin, a privacy-focused cryptocurrency built on the Mimblewimble protocol, has just suffered a 51% attack on its blockchain. According to a Nov. 7 tweet from crypto mining group 2Miners, an unknown group accumulated 57.4% of the total hash power of […]
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Despite the potential to bring an unparalleled level of transparency to journalism, blockchain adoption by mainstream media may be slow. It is no secret that over the course of the last couple of decades, issues related to fake news, substandard fact-checking and rampant censorship have resulted in many mainstream media outlets losing the trust of […]
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Monopolizing a market is legal in some instances, but not others. The United States Department of Justice is filing suit against Visa for its acquisition of Plaid, which the DoJ argues is an illegal play to achieve monopoly. According a complaint filed by the DoJ on Wednesday: “Visa seeks to buy Plaid — as its CEO […]
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