Bitcoin maximalist paradox: BTC adoption threatening founding principles

Binance reportedly said that they were doing a wallet aggregation process to ensure the safety of user funds. 455 Total views 6 Total shares A crypto wallet belonging to trading platform Binance has spent 530 Ether (ETH), worth around $843,797, in gas fees in just 24 hours, according to blockchain data explorer Etherscan. On Sept. 21

Even with Bitcoin (BTC) price on the verge of a new all-time high, the cryptocurrency market projects an aura of anxious optimism on Oct. 18 as investors await the official launch of the first Bitcoin exchange-traded fund (ETF), which is set to begin trading on Oct. 19. While the market waits for the historic ETF launch, BTC…

Long-dated Bitcoin options and bulls still make waves with their ultra bullish bets, but even they must admit that the possibility of (BTC) trading above $60,000 in the next couple of months is dim. Many traders have added leveraged-long positions via futures contracts to chase after the elusive all-time high, but this seems like an unrealistic…

This week’s Crypto Biz explores Canada’s new crypto conglomerate, the recent premature passing of the Cash App creator in San Francisco, as well as DOGE news, and U.K. crypto challenges. 76 Total views 2 Total shares Own this piece of history Collect this article as an NFTTwitter CEO Elon Musk has made another marketing move…

Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans. 466 Total views 6 Total shares The United States Federal Reserve is still evaluating the prospects of introducing a digital currency for the country but says it has not yet decided on the matter.Speaking at a news…

“Ethereum’s ascent to the top of the cryptoverse seems unstoppable,” declared Nigel Green in mid-August, and it’s not hard to see why the deVere CEO thinks this. DeFi is on a tear, NFTs are mushrooming, Ethereum (ETH) remains more scalable than Bitcoin (BTC) and it also offers more uses including smart contracts. Moreover, Ethereum will…

The Easy Company, a startup focusing on building a consumer layer for the decentralized web, has raised $14.2 million in a seed round for its “social” crypto wallet, which seeks to help onboard more mainstream audiences into the Web3 ecosystem. As reported by TechCrunch, the seed funding round was supported by a diverse group of investors,…

On November 2, details of a crypto lawsuit featuring major industry players: Bitcoin Foundation founder Charlie Shrem on one side, and the Winklevoss twins on the other, were made public. The case alleges that Shrem “stole” around 5,000 Bitcoin (BTC) from Tyler and Cameron Winklevoss in 2012.Brief introduction to both sides of the conflictCharlie ShremCharlie…

The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year. 59 Total views 1 Total shares Big Five technology player Meta is still burning cash through its Metaverse research and development arm Reality Labs…