The lessons: Make it relevant. Prioritize user experience over perfection. For most blockchain-enabled products and services, achieving mainstream adoption has been a nearly impossible goal. Even the most celebrated projects in the crypto ecosystem struggle to expand their community beyond blockchain-savvy users. Augur, the famous betting protocol whose REP token peaked with a market cap […]
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Libra will be a “journey of years and decades” and not a payment service like PayPal but more of an interoperability protocol like email, says Calibra’s VP of product. Facebook’s crypto project Libra will be more similar to email tech than payment services such as PayPal, vice president of product at Calibra said. Speaking at […]
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In his latest tarnishing of Bitcoin, the gold bug likened it to fiat currency by again suggesting it had nothing backing its value. China launching a digital counterpart of the yuan backed by gold puts Bitcoin (BTC) at a disadvantage, veteran gold bug Peter Schiff claims. In a tweet on Nov. 2, Schiff, notorious for […]
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Bitcoin futures are the latest market to see sudden volatility, with traders voicing concerns about manipulation across the BTC and crypto markets. Bitcoin (BTC) trading is coming under the spotlight this week after another flash crash sparked concerns that traders are manipulating markets. As various social media users noted, including statistician Willy Woo on Nov. […]
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An entity called Bitcoin Manipulation Abatement LLC accuses FTX exchange of scheming to trigger liquidity cascades on Binance’s Bitcoin futures. Cryptocurrency derivatives exchange FTX has received a $150 million lawsuit for market manipulation and selling unlicensed securities in the United States. Uploaded to social media by End of the Chain podcast host Samuel McCulloch on […]
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Here is why Libra is not ready to launch a cryptocurrency yet and why lawmakers find it hard to separate Facebook from the association. Facebook’s CEO Mark Zuckerberg returned to Capitol Hill to testify before Congress on Oct. 23 about the company’s planned use of the cryptocurrency it is backing, Libra, attempting to debunk the […]
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Over 10 million blockchain-based invoices have been issued in Chinese tech capital Shenzhen, local tax authorities have confirmed. Over 10 million blockchain-based invoices have been issued in Chinese tech capital Shenzhen, according to the Shenzhen Tax Service, as reported by English-language local news outlet Xinhuanet on Nov. 1. Tencent-developed blockchain platform The tax agency also […]
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The rejection of the Winklevoss twins’ Bitcoin exchange-traded fund in 2017 ushered in both new attention from investors and new volatility, data suggests. Bitcoin (BTC) changed its volatility characteristics as Cameron and Tyler Winklevoss unveiled the first Bitcoin exchange-traded fund (ETF), new data claims. Uploaded to social media by well-known statistician Willy Woo on Nov. […]
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Alternative use cases for a blockchain, existing alternatives to proof-of-work, and a case for why we need new consensus mechanisms. The Bitcoin white paper was published 11 years ago today, on Oct. 31, 2008, meaning that Bitcoin (BTC) is celebrating its 11th year of existence. From its humble beginnings to over a $300 billion market […]
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The Malta Financial Services Authority has warned of a new Bitcoin scam that shares the same characteristics as a previously identified entity. The Malta Financial Services Authority (MFSA) has warned of a new Bitcoin (BTC) scam that shares the same characteristics as a previously identified entity. The watchdog issued its warning on Oct. 31. Opportunity […]
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