Bitcoin News / Bitcoinist - 2 years ago
The Nigerian Government had imposed a ban on crypto exactly a year ago in February 2021. The ban did nothing in terms of putting a lid on cryptocurrency trading; crypto adoption started to look promising in the African country. Stakeholder in Blockch...
Bitcoin News / Bitcoinist - 2 years ago
JPMorgan’s chairman of investment strategy, Michael Cembalest, is wary of bitcoin and other cryptocurrencies. The JPMorgan strategist stated in a column published Feb. 3 that his comments were his own and not those of JPMorgan Chase. JPMorgan S...
Bitcoin News / Bitcoinist - 2 years ago
With more than $221 billion in total value locked (TVL), DeFi is among the fastest-growing sectors of the blockchain ecosystem. Unlike centralized financial systems, DeFi is open for anyone to participate. It is fully decentralized and highly inclusi...
Bitcoin News / Bitcoinist - 2 years ago
Dogecoin has touched yet another milestone that suggests that the digital asset is heading towards higher prices. Its holder count which had grown exponentially in the year 2021 had begun to fall following the crash from the all-time high. This persi...
Bitcoin News / Bitcoinist - 2 years ago
According to a press release, Canadian giant Klynveld Peat Marwick Goerdeler (KPMG) has added Bitcoin and Ethereum to its balance sheet. The multinational is one of the top accounting firms in the world alongside Deloitte, PricewaterhouseCoopers (PwC...
Bitcoin News / Bitcoinist - 2 years ago
A filing with the U.S. Securities and Exchange Commission (SEC) revealed that Tesla, Inc. acquired a total of $1.5 billion in bitcoin during 2021, recording a $101 million impairment loss and $128 million in gains during the year from their BTC holdi...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu has once again outperformed Dogecoin this week with around 33% in gains, more than double DOGE’s 14% growth. Shiba Inu Outperforms Dogecoin Two To One In Last Five Days After a while of downwards movement, both SHIB and DOGE have fina...
Bitcoin News / Bitcoinist - 2 years ago
Lending is the second-most-popular segment of decentralized finance today. The industry represents over $45 billion in total value locked yet still suffers from significant inefficiencies. Hashstack finance and the testnet version of Open Protocol of...
Bitcoin News / Bitcoinist - 2 years ago
Per a BBC report, the controversial Democratic People’s Republic of Korea (DPRK) Missile Program has been funded with stolen crypto. The report cites an alleged United Nation’s Sanctions Committee investigation released last Friday. The entity...
Bitcoin News / Bitcoinist - 2 years ago
‘Crypto winter’ is a term that gets thrown around a lot in the crypto space. Some may not know the exact meaning of this phrase but may infer a strong negative connotation just from the words themselves. But it refers to a long and prolonged fi...
Bitcoin News / Bitcoinist - 2 years ago
(This is a two-part series on the metaverse and how it is creating so much fuss in the internet) Ah, the metaverse. For the untrained gray matter, the word may sound like it’s been concocted out of some sci-fi novel. The metaverse is making a...
Bitcoin News / Bitcoinist - 2 years ago
After the Venezuelan parliament approved a law aimed at reducing inflationary pressure on the struggling fiat bolivar, certain crypto and foreign currency transactions would be taxed at up to 20%. Venezuela To Tax Crypto Transactions At 20% The Venez...
Bitcoin News / Bitcoinist - 2 years ago
Last October, a rug pull devastated investors eager to make money from cryptocurrency token “SQUID,” named after the popular Netflix show Squid Game. With its bandwagon hype, the token’s value skyrocketed by a whopping 23,000,000% to $2,862 within a...
Bitcoin News / Bitcoinist - 2 years ago
Jack Dorsey, the founder of Twitter, recently said that the project is a complete waste of effort and time. Dorey stated that such actions should have been directed positively by using Bitcoin, ensuring increased accessibility for everybody. As the p...
Bitcoin News / Bitcoinist - 2 years ago
One of the world’s leading play-to-earn gaming guilds, UniX Gaming, looks likely to grow even bigger after cementing a key alliance with The Sandbox. The Sandbox is one of the biggest and best-known metaverses – a sprawling, decentralized...
Bitcoin News / Bitcoinist - 2 years ago
Blockchain games are one of the fastest-growing segments of the gaming industry. In the first quarter of 2021, the startups that are developing blockchain games have attracted $476 million which is double the size of the investment during 2020. Furth...
Bitcoin News / Bitcoinist - 2 years ago
Cardax, a Decentralized Exchange (DEX), will be amongst the first to spearhead Cardano’s entry into a new era. Cardax is powered by the Extended Automated Market Maker (EAMM) protocol and works closely with major partners such as MLabs and Well-Typed...
Bitcoin News / Bitcoinist - 2 years ago
Last year, Bitcoinist reported a $50 million stake in Ethereum’s Beacon Chain from Ether Capital, a publicly-traded company in Canada highly bullish on the Proof-of-Stake iteration of this cryptocurrency. The company has become a major participant in...
Bitcoin News / Bitcoinist - 2 years ago
After Samsung’s official release of its own metaverse service My House on Jan. 6, the company has exemplified huge success on the platform, attracting more than 4 million visitors in less than a month. A collaboration with Naver’s 3D avatar pla...
Bitcoin News / Bitcoinist - 2 years ago
(This is the conclusion of a three-part deep dive into the current state of the world’s music NFT industry and how it’s making an impact on society) In cultivating their fan community, Allan and Inglot see NFTs as a better alternative to the cu...
Bitcoin News / Bitcoinist - 2 years ago
The U.S lawmakers have released Crypto Tax Fairness Act on Monday to accelerate cryptocurrencies’ adoption in the mainstream. The act aims to make digital currency legitimate as a payment method. This move can also influence neighboring countri...
Bitcoin News / Bitcoinist - 2 years ago
Ferrari Chief Executive Officer Benedetto Vigna said that the luxury sports car manufacturer is vying to enter the blockchain, the metaverse and non-fungible token (NFT) industry in the future. The top honcho also stated they will continue to invest...
Bitcoin News / Bitcoinist - 2 years ago
It’s been less than a month since we first covered online sneakerhead and hypebeast cultural hub StockX and their first formal foray into NFTs, with the ‘StockX Vault.’ In an effort to seemingly tokenize their physical assets, Stock...
Bitcoin News / Bitcoinist - 2 years ago
Go Fund Yourself using Bitcoin, this slogan has been at the core of a recently launched campaign on Tallycoin. A crowdfunding platform powered by BTC and the second layer payment solution lightning network, which offers its users 0% fees, its own web...
Bitcoin News / Bitcoinist - 2 years ago
Tether became an official currency in Myanmar’s shadow government in the middle of December of last year. The country’s ruling junta proposed a cryptocurrency ban as a way to combat this. Even though crypto payments are difficult to track...
