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DAO!
YOUR GUIDE TO BITCOIN, ETHEREUM & WEB 3.0 The pandemic has prompted a huge boost to crypto prices. Bitcoin is up 526% in the past year, and Ethereum is up 2,000%. But even amid a bull market, the crypto crowd can't help but wonder: is News Coins. Daniel Roberts May 6, 2021. May 6, 2021. WHAT IS TAPROOT, THE PROPOSED BITCOIN UPGRADE? What is Taproot? It's not a carrot or a turnip, but a Bitcoin update that promises to keep some transaction details buried deep in the metaphorical soil.. Taproot is on track to be the biggest Bitcoin upgrade since 2017, which led to a hard fork of the network—in which one blockchain splits into two separate ones. Though Taproot isn't quite as contentious, it's worth understanding how it COINBASE IS GIVING AWAY $1.2 MILLION IN DOGECOIN Coinbase added Dogecoin to its exchange on Thursday and, to gin up publicity for the event, declared the company would begin giving away $1.2 million worth of the novelty token to customers in the coming months. "Dogecoin is now on Coinbase, and we’re giving away $1.2 million in prizes to celebrate," said the company. The news was relayed in a tweet with a link to further details that ELON MUSK AND MARK CUBAN ARE PUSHING DOGECOIN FOR PAYMENTS Elon Musk and Mark Cuban, two of Dogecoin's most famous fans, have been publicly pushing the idea that the meme token is becoming a legitimate utility for payments. Musk has been talking to Dogecoin developers—as he tweeted and as Decrypt reported in depth —about how to make the coin faster for everyday payments. WHAT IS TOKENOMICS ? FORMER SEC CHAIRMAN IS ADVISING THE LATEST BITCOIN ETF In brief. One River Asset Management is the latest company to file an application to the SEC for a carbon-neutral Bitcoin ETF. Jay Clayton, the SEC’s ex-Chairman, is now a crypto advisor at One River. BUDGET 2021: UK BITCOIN OWNERS RELAX AS CAPITAL GAINS TAX Currently taxpayers are only liable for capital gains tax on any gains above £12,300, and there is a capital gains tax at 10% for basic-rate taxpayers (those in the UK that earn up to £50,000 in annual income). There is also a threshold of 20% for higher-rate taxpayers that earn over £50,000. According to HM Revenue and Customs, Bitcoin MARK CUBAN: DOGECOIN WILL HIT $1 AND BECOME A Dogecoin was created in 2013 purely as a joke to reference the internet's favorite Shiba Inu dog meme.But its recent price surge—up 23,000% in the past year to an all-time-high this week of 69 cents, making it the No. 4 coin by market cap—is no laughing matter.. And Mark Cuban, the Dallas Mavericks owner and billionaire investor who has talked up Dogecoin to his 8.3 million Twitter WHO ARE THE FASTEST GROWING DEVELOPER COMMUNITIES IN The fastest-growing projects last year were a mix of new protocols, DeFi networks, and decentralized storage projects, which have effectively tripled their developer numbers over the last 12 months. Crypto's budding developer communities. IMAGE: Electric Capital. Near Protocol, which some have described as an “ethereum killer” is in reality, more akin to a sister network as its blockchain DAO SPENDS $1 MILLION ON NFT OF UNRELEASED STEVE AOKI Jenny DAO is a collective that lets members invest in non-fungible tokens (NFTs). Their latest vote has been to purchase an unreleased song from musicians Steve Aoki and 3LAU. Decentralized organization Jenny DAO has paid $1 million for an NFT song produced by famous DJs Steve Aoki and Justin Blau, also known as 3LAU. FIRST NFT FOR #JENNYDAO!
ALL NEWS - DECRYPT
Bitcoin ETFs in Canada Hit by ‘Market Disruption’ Amid Crypto Crash. It’s been a bloody week for Bitcoin. The largest cryptocurrency by market cap is down 27.5% this week—with Elon Musk, China regulatory matters and panic selling all contributing to the market News Business. Mathew Di Salvo May 21, 2021. 5 WEIRDEST MOMENTS AT THE BITCOIN 2021 CONFERENCE IN MIAMI Bitcoin 2021, a two-day conference in Miami devoted to all things Bitcoin (and only Bitcoin), was the scene of some truly bizarre moments.. It turns out some of the 50,000 attendees, who traveled from all over the world to discuss the first and largest cryptocurrency, feel really strongly about it, and have no reservations about expressing themselves in the fullest terms possible. BITCOIN, ETHEREUM, DOGECOIN ALL DROP IN NEARLY $200B 18 hours ago · The total market cap for cryptocurrencies has lost roughly $200 billion in the past 24 hours. Bitcoin is down nearly 10%, with the number two cryptocurrency, Ethereum, posting a 10.9% loss, at press time.. Dogecoin, the Internet’s favorite meme coin, suffered the most of the three, tumbling by nearly 12%.. As with any crash in crypto, the reasons are myriad. IRS COMMISSIONER ASKS CONGRESS FOR AUTHORITY TO REGULATE 15 hours ago · In a hearing before the Senate Finance Committee, IRS Commissioner Charles Rettig asked for explicit congressional authority to regulate cryptocurrencies.. Responding to a question from Senator Portman (R-OH) about whether or not the IRS currently has enough authority to regulate crypto, Rettig said, “I think we need congressional authority." BITCOIN INVESTORS IN US MADE $4 BILLION IN PROFIT IN 2020 12 hours ago · In brief. A new report from Chainalysis highlights estimated gains on Bitcoin transactions in 2020, divided by country. The United States ranked first on the list with an estimated $4.1 billion in Bitcoin profits for investors, well above China with $1.1billion.
MOBILE BANKING APP REVOLUT UNLEASHES DOGECOIN TRADING 10 hours ago · Revolut, which offers a mobile banking service, is known as a "challenger bank" in the UK, a term used for digital bank startups that aim to disrupt the big banks of old. APPLE REVEALS NEW ENCRYPTION AND PRIVACY FEATURES FOR 1 day ago · Cryptocurrency users and privacy advocates alike often ding Big Tech for butting in on communications data, but Apple’s upcoming software upgrades, previewed today at the Worldwide Developers Conference (WWDC), reinforce its increasing focus on privacy features within its apps and devices. New encryption and privacy functionality is coming to Apple’s premium iCloud storage EL SALVADOR APPROVES THE "BITCOIN LAW" GIVING BTC STATUS El Salvador Approves the "Bitcoin Law" Giving BTC Status as Legal Tender Finally, after a few hours of debate, the Legislative Assembly of El Salvador approved a law declaring Bitcoin as legal tender. AMAZON JOB LISTING SEEKS DEFI EXPERIENCE 17 hours ago · Amazon has listed a job posting titled “head of product, blockchain,” that is looking for an individual who is passionate about decentralized networks. “Do you want to define the future direction for how Amazon Web Services (AWS) will enable customers to solve problems and innovate with blockchain technology across a wide range of industries and use cases?” asks the post. ANTHONY WEINER CONSIDERS SELLING NFTS OF HIS EMBARRASSING 1 day ago · Erstwhile politician Anthony Weiner is considering getting into the NFT game, a New York Times media column revealed on Sunday.. The Times ’ Ben Smith has the goods; here’s the relevant passage: He could make an NFT, he said, of the errant tweet that began his long spiral in 2011. He could make an NFT of the search warrant for his laptop, or of the email his old friend, the comedian JonBitcoinBTC (24h)
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Bitcoin CashBCH (24h)$ 255.71
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INSIGHTS INTO THE DAY’S BIGGEST NEWS. CRYPTO COMMUNITY HORRIFIED BY COINBASE’S IRS/DEA ANALYTICS PLAYNewsBusiness
Andrew Hayward
Jun 6, 2020Jun 6, 20203 min read
3 min read
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ISAIAH JACKSON: BITCOIN COULD REDUCE INEQUALITY FOR AFRICAN-AMERICANS Bitcoin could provide African-Americans with economic freedom, said Isaiah Jackson, author of Bitcoin & Black America. Speaking on a podcast with Peter McCormack, Jackson explained that Bitcoi...NewsBusiness
Robert Stevens
Jun 6, 2020Jun 6, 20202 min read
2 min read
*
BRAVE CEO: “WE’RE NOT THE BLIND SLAVE OF AD TECH COMPANIES” Privacy-centric, crypto-infused web browser Brave is booming. Not only did the company just report 15 million monthly active users—a 50% uptick from December—but even massively popular podcast...NewsBusiness
Andrew Hayward
Jun 6, 2020Jun 6, 20202 min read
2 min read
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EMIN GÜN SIRER: BLOCKCHAIN WON’T FIX THIS Blockchain may be here to stay, but it has no place in the current climate of social unrest, one of the higher-profile academic experts on blockchain technologies said. “There will be a lot ...NewsBusiness
Amy Castor
Jun 6, 2020Jun 6, 20205 min read
5 min read
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Bitcoin
BITCOIN SEGWIT BUG FIX COULD LOCK WALLET USERS OUT OF THEIR FUNDS Czech-based Bitcoin hardware wallet Trezor released a firmware update two days ago. The patch was in response to a potential exploit for wallets that use the Segwit protocol—a transaction fix ...NewsCoins
Colin Harper
Jun 5, 2020Jun 5, 20205 min read
5 min read
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Bitcoin
COINBASE WANTS TO IDENTIFY BITCOIN USERS FOR DEA, IRS Cryptocurrency exchange Coinbase is looking to license its blockchain analytics software to two U.S. government agencies. According to public records, the Drug Enforcement Administration and ...NewsBusiness
Amy Castor
Jun 5, 2020Jun 6, 20203 min read
3 min read
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COLLECTIONS
THE BIG IDEAS AND EMERGING TRENDS DECRYPT CARES ABOUT. CORONAVIRUS AND CRYPTO All of Decrypt's coverage of Coronavirus and crypto. CollectionLast updated Jun 3, 2020 131 PiecesFACEBOOK'S LIBRA
A wrap up of news covering the announcement of Facebook's cryptocurrency, Libra. CollectionLast updated Jun 2, 2020 76 Pieces TELEGRAM'S CRYPTO PLAY Telegram, one of the largest messaging platforms in the world—and used by many in the crypto industry—is launching its own blockchain platform. But it's up against a deadline: October 31. Will it deliver the GRAM cryptocurrency on time or will it be forced to backtrack on its ambitious plans? CollectionLast updated May 29, 2020 11 Pieces CORONAVIRUS AND CRYPTO All of Decrypt's coverage of Coronavirus and crypto. CollectionLast updated Jun 3, 2020 131 PiecesFACEBOOK'S LIBRA
A wrap up of news covering the announcement of Facebook's cryptocurrency, Libra. CollectionLast updated Jun 2, 2020 76 PiecesAll Collections
FEATURES
DEEP DIVES INTO WEB 3.0 FIGHTING CENSORSHIP WITH BLOCKCHAIN… AND MINECRAFT Ingenious solutions to combat censorship are embracing decentralization, from servers hosting a Minecraft library to blockchain-powered encyclopediasFeaturesLong Reads
Robert Stevens
Jun 5, 2020Jun 5, 20206 min read
CRYPTO WALLETS HAVE A PROBLEM WITH CLOSED-SOURCE HARDWARE Some hardware wallet manufacturers think that going fully open source is the way forward, but getting there is not going to be easy.FeaturesLong Reads
Daniel Phillips
Jun 4, 2020Jun 4, 20206 min read
FACEBOOK, TWITTER AND TRUMP: THE TERRIFYING WAR ON TRUTH Mark Zuckerberg and Jack Dorsey have adopted polar approaches to fact-checking the tide of disinformation sweeping the Internet. Whowill triumph?
FeaturesLong Reads
Adriana Hamacher
Jun 2, 2020Jun 2, 20206 min read
THE MAN WHO BUILDS BLOCKCHAIN ISLANDS Steve Tendon offered Malta the ultimate economic fantasy. Now his vision is about to come true—in the Marshall Islands.FeaturesLong Reads
Adriana Hamacher
May 31, 2020May 31, 202012 min read
HOW BLOCKCHAIN IS TACKLING A MOUNTAIN OF ELECTRONIC WASTE Obsolete electronics generate millions of tons of waste each year—but blockchain could help close the holes in the circulareconomy.
FeaturesLong Reads
Robert Stevens
May 29, 2020May 31, 20206 min read
THE OPEN-SOURCE COMMUNITY IS BUILDING MEDICAL KIT TO FIGHT CORONAVIRUS As global stockpiles of medical supplies dwindle, the open-source community has rushed to plug the gap with distributed manufacturing.FeaturesLong Reads
Robert Stevens
May 25, 2020May 25, 20206 min read
FIGHTING CENSORSHIP WITH BLOCKCHAIN… AND MINECRAFT Ingenious solutions to combat censorship are embracing decentralization, from servers hosting a Minecraft library to blockchain-powered encyclopediasFeaturesLong Reads
Robert Stevens
Jun 5, 2020Jun 5, 20206 min read
CRYPTO WALLETS HAVE A PROBLEM WITH CLOSED-SOURCE HARDWARE Some hardware wallet manufacturers think that going fully open source is the way forward, but getting there is not going to be easy.FeaturesLong Reads
Daniel Phillips
Jun 4, 2020Jun 4, 20206 min read
Libra
FACEBOOK, TWITTER AND TRUMP: THE TERRIFYING WAR ON TRUTH Mark Zuckerberg and Jack Dorsey have adopted polar approaches to fact-checking the tide of disinformation sweeping the Internet. Whowill triumph?
FeaturesLong Reads
Adriana Hamacher
Jun 2, 2020Jun 2, 20206 min read
THE MAN WHO BUILDS BLOCKCHAIN ISLANDS Steve Tendon offered Malta the ultimate economic fantasy. Now his vision is about to come true—in the Marshall Islands.FeaturesLong Reads
Adriana Hamacher
May 31, 2020May 31, 202012 min read
All Features
LEARN
QUICKLY UNDERSTAND THE TECHNOLOGIES THAT MATTER.WHAT IS SYNTHETIX?
Synthetix allows users to bet on crypto assets, stocks, currencies, precious metals, and other assets in the form of ERC20 tokens.LearnThe Projects
Matt Hussey, Ki Chong Tran5 min read
WHAT IS DYDX?
dYdX is a decentralized borrowing and lending platform based on Ethereum. It offers borrowing, lending and betting tools for cryptousers.
LearnThe Projects
Matt Hussey, Ki Chong Tran5 min read
WHAT IS BZX?
bZx is a set of smart contracts built on top of Ethereum that allows people to lend and margin trade without having to rely on thirdparties.
LearnThe Projects
Matt Hussey, Ki Chong Tran5 min read
WHAT IS SYNTHETIX?
Synthetix allows users to bet on crypto assets, stocks, currencies, precious metals, and other assets in the form of ERC20 tokens.LearnThe Projects
Matt Hussey, Ki Chong Tran5 min read
WHAT IS DYDX?
dYdX is a decentralized borrowing and lending platform based on Ethereum. It offers borrowing, lending and betting tools for cryptousers.
LearnThe Projects
Matt Hussey, Ki Chong Tran5 min read
WHAT IS BZX?
bZx is a set of smart contracts built on top of Ethereum that allows people to lend and margin trade without having to rely on thirdparties.
LearnThe Projects
Matt Hussey, Ki Chong Tran5 min read
WHAT IS COMPOUND?
Compound is an ethererum project that focuses on allowing borrowers to take out loans and lenders to provide loans by locking their assetsinto the protocol.
LearnThe Projects
Matt Hussey, Ki Chong Tran5 min read
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MORE NEWS
MORE INSIGHTS INTO RECENT BLOCKCHAIN NEWS.*
DEFI RECOVERS FROM COVID CRASH, RETAKES $1 BILLION IN TOTAL VALUE The stock market isn’t the only thing racing to recover after the March tumble. Total value locked (TVL) in DeFi products has passed the $1 billion mark, a level not seen since March 7 when co...NewsBusiness
Alexander Behrens
Jun 5, 2020Jun 5, 20203 min read
3 min read
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REDDIT CO-FOUNDER RESIGNS TO FIGHT RACIAL INJUSTICE Alexis Ohanian, who co-founded the social media aggregator site Reddit in 2005, announced today that he has resigned from the company's board of directors and urged the remaining board members...NewsBusiness
Jeff Benson
Jun 5, 2020Jun 5, 20202 min read
2 min read
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MOSCOW TO USE BLOCKCHAIN VOTING FOR CHANGES TO RUSSIA'S CONSTITUTION Residents of Moscow will be able to vote for—or against—the upcoming amendments to the country’s Constitution using a blockchain-based system, according to an announcement by the Russiangover...
NewsTechnology
Liam Frost
Jun 5, 2020Jun 5, 20203 min read
3 min read
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BLACK LIVES MATTER TURNS TO TELEGRAM TO ESCAPE SURVEILLANCE Black Lives Matter, the protest movement making waves worldwide—sparked by the killings of George Floyd and Breonna Taylor—has adopted Telegram as its chosen messaging app. Theencrypted messa...
NewsTechnology
Adriana Hamacher
Jun 5, 2020Jun 5, 20204 min read
4 min read
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GRAYSCALE REVEALS WHY IT'S BUYING UP SO MUCH BITCOIN Business is booming for one of Wall Street’s go-to’s for Bitcoin exposure. Hedge funds and other financial institutions have poured $1.7 billion into Grayscale Investment’s Bitcoin and cryptoc...NewsCoins
Colin Harper
Jun 5, 2020Jun 5, 20203 min read
3 min read
*
CRYPTOCURRENCY PLATFORM IOTA IS NOW PARTLY DECENTALIZED Today, IOTA, a cryptocurrency platform aimed at supporting the internet of things, has unveiled its new node software dubbed "Hornet." The node software is designed to make the network faster ...NewsBusiness
Will Heasman
Jun 5, 2020Jun 5, 20202 min read
2 min read
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BILLIONAIRE TIM DRAPER IS GIVING OUT $1 MILLION IN BITCOIN The venture studio of Bitcoin bull and billionaire Tim Draper is giving away $1 million in Bitcoin to attendees of the Los Angeles blockchain summit in October. While crypto "giveaways" tend t...NewsBusiness
Will Heasman
Jun 5, 2020Jun 5, 20203 min read
3 min read
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MARK CUBAN SAYS BITCOIN CAN BE A STORE OF VALUE In a Twitter spat with Bitcoin enthusiasts, most notably Preston Pysh, Cuban took apart the argument that Bitcoin (BTC) could one day replace the US dollar. Though “it can be a store of value,...NewsBusiness
Robert Stevens
Jun 5, 2020Jun 5, 20202 min read
2 min read
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IF AMERICA WANTS A DIGITAL DOLLAR, CONGRESS NEEDS EDUCATING FIRST, SAYS DIGITAL COMMERCE CHIEF As the coronavirus pandemic ravages the global economy, talk of a US Central Bank Digital Currency (CBDC) has suddenly become mainstream with a former regulator and large consultancy spearhead...NewsBusiness
Forkast.News Staff
Jun 5, 2020Jun 6, 20204 min read
4 min read
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BLACK SWAN AUTHOR LOVES CRYPTO BUT SAYS GOODBYE TO COINBASE Acclaimed Lebanese-American author and former options trader Nassim Nicholas Taleb has closed his account with major US crypto exchange Coinbase despite showing love for cryptocurrency. Just t...NewsBusiness
Liam Frost
Jun 5, 2020Jun 5, 20202 min read
2 min read
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FROM RETAIL TO BIG SALE: BITCOIN EXCHANGES SEE SURGING GROWTH IN 2020 In the maelstrom of events that has become 2020, the refrains “this is good for Bitcoin” and “Bitcoin fixes this,” shibboleths of the Bitcoin community, have increasingly come into focus. And ...NewsCoins
Colin Harper
Jun 4, 2020Jun 4, 20205 min read
5 min read
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ETHEREUM-BASED EXCHANGE DEVERSIFI GETS AN UPGRADE, TARGETS PRO TRADERS Decentralized exchanges are getting a little more professional. DeversiFi announced yesterday the mainnet launch of new upgrades to the non-custodial exchange, bringing a host of new features...NewsBusiness
Alexander Behrens
Jun 4, 2020Jun 5, 20203 min read
3 min read
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CRYPTO DERIVATIVES VOLUMES JUST HIT A NEW ALL-TIME HIGH It’s good to have options in crypto it seems, as crypto-based derivative products hit all-time high trading volumes last month. In a report published today, data analytics firm CryptoCompare ...NewsBusiness
Robert Stevens
Jun 4, 2020Jun 4, 20203 min read
3 min read
*
PROTESTORS CAN NOW USE CHAT APP SIGNAL TO “ENCRYPT” THEIR FACES Privacy-first messaging app Signal is taking a stand against the encroachment of police and government surveillance in the wake of worldwide protests sparked by the police killings of George F...NewsTechnology
Robert Stevens
Jun 4, 2020Jun 4, 20203 min read
3 min read
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FACEBOOK-BACKED STARTUP IS USING BLOCKCHAIN TO POWER DIGITAL FOODSTAMPS
The Telos Foundation has announced a partnership with startup All_EBT to host its digital food stamps solution on the Telos blockchain. All_EBT allows electronic benefit transfer (EBT) recipie...NewsTechnology
Andrew Hayward
Jun 4, 2020Jun 4, 20202 min read
2 min read
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INDIA IS TRADING MORE BITCOIN NOW THAN EVER Bitcoin trading in India is on fire. Over the past month, data from analytics site Useful Tulips indicates that more Bitcoin has changed hands on local, peer-to-peer exchanges in India than ev...NewsCoins
Nicholas Marinoff
Jun 4, 2020Jun 4, 20203 min read
3 min read
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BITMEX GIVES $100,000 GRANT TO ANOTHER BITCOIN CORE DEVELOPER Bitcoin derivatives exchange BitMEX today announced a $100,000 grant to the Bitcoin Core researcher and contributor, Gleb Naumenko. The developer grant will be provided by HDR Global Trading L...NewsBusiness
Robert Stevens
Jun 4, 2020Jun 4, 20202 min read
2 min read
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HOW SATOSHI NAKAMOTO MAY HAVE KEPT HIS IDENTITY SECRET Few details are known about the private creator of Bitcoin, and new evidence might reveal why. Analysis of early Bitcoin code hints that Satoshi Nakamoto may have relied on a Russian proxy ser...NewsBusiness
Will Heasman
Jun 4, 2020Jun 4, 20202 min read
2 min read
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BITCOIN'S HASH RATE REBOUNDS STRONGLY AFTER THE HALVING Despite taking a big hit after Bitcoin completed its third halving back in May, Bitcoin's hash rate is now showing strong signs of recovery. Currently sitting at around 116.6 TH/s, the Bitcoin...NewsCoins
Daniel Phillips
Jun 4, 2020Jun 4, 20202 min read
2 min read
*
A PICASSO ARTWORK WAS JUST SOLD FOR CRYPTOCURRENCY A Pablo Picasso artwork, Danse du ventre devant homme impassible, has been sold for cryptocurrency—the first time an entire, original work by the world famous artist has been sold in this way....NewsBusiness
Adriana Hamacher
Jun 4, 2020Jun 4, 20203 min read
3 min read
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