A unified language for digital assets would provide the foundation for our decentralized economic and social infrastructure. Simplicity is directly proportional to efficiency; when there are fewer things to break, we expect that on average, even fewer things will do so. Asymptotically, decentralized systems are the embodiment of simplicity; they tend toward sustaining complexity and […]
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Blockchain smartphones and crypto-storing watches: Which innovative devices have actually gone from concept to reality? Talk of cryptocurrency and blockchain-powered gadgets inevitably spiked alongside the hype for token prices. But looking back, have they delivered any meaningful changes to users, or are they just another result of the hype synonymous with the space? The surge […]
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After the great rise in national crypto regulation in Estonia, the new European Union laws have forced the crypto industry to leave the country. Back in 2017, the Estonian government rocked the legislative side of the crypto world when they introduced a raft of new laws designed to support crypto projects. These licenses split into […]
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Crypto custody firm Casa unveiled a new wallet that offers access without a seed phrase and gives users a way to check on their private keys. New York-based crypto custody startup Casa has released a new wallet for Bitcoin newbies and long-term HODLers. In a Casa blog post on June 13, the crypto firm that […]
Continue ReadingRussian politicians suggest fines and prison terms of up to 7 years for illegal issuance and use of cryptocurrencies. Russian lawmakers have suggested punishments of up to 2 million rubles ($27,800) and seven years in prison for illegal turnover of digital assets and cryptocurrencies. As reported by the Russian business channel, RBC, the draft amendments […]
Continue ReadingBitcoin survived last week’s halving, but it’s only a matter of time before BTC miners flee, say “death spiralists.” Are they right? Bitcoin (BTC) halvings are a little spooky, sort of like the witching hour, and one of the prophecies being murmured about last week was something about a Bitcoin network death spiral. This idea, […]
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When Brazil’s central bank lowered its interest rates to 3%, potentially driving out some investors, it may have opened the doors for BTC. Bitcoin’s year-to-date performance compared to the Brazilian Real coupled with the country’s financial woes may help drive demand towards the cryptocurrency. According to a new report released May 11 by Delphi Digital […]
Continue ReadingBitcoin’s hash rate has set a new record just eight days from the halving and six weeks after crashing by 40% over two weeks. After the mid-March price crash led to a brief exodus of miners operating older hardware, the Bitcoin (BTC) hash rate posted a new all-time high (ATH) of more than 142 exahashes […]
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With the Bitcoin halving less than three weeks away, pundits predict the hash rate distribution to revert to the optimized pre-halving state. With the Bitcoin (BTC) halving only weeks away, anticipation appears to be building up as Google Trends data for the event show online searches reaching an all-time high. Bitcoin’s block reward halving comes […]
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Check out this week’s Bad Crypto News. Bitcoin has had a rough week, down around 9 percent and trading below $6,700. Ross Ulbricht, the founder of Silk Road, believes we’re in a bear market that could even take the price under $3,200. Ulbricht is serving two life sentences for money laundering, computer hacking, and conspiracy […]
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