Category : Bitcoinist

Bitcoinist

Cardax, The AMM On Cardano Set To Take The Market By Storm With Its Unique Design

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...

Interview With Ether Capital On Their Bet In Ethereum 2.0 And Staking As A Mechanism To Drive Crypto Adoption

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...

Samsung Unveils New Metaverse World ‘My House,’ Attracts Over 4 Million Visits In Less Than 1 Month

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...

NFT Music: A New Era Of Performing Songs Has Arrived – Does It Make Traditional Music Consumption Irrelevant?

(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...

U.S. Introduced Crypto Tax Fairness Act to Adopt Crypto As Payment Method

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...

Ferrari Eager To Prance Into The Metaverse and NFTs — Are EVs No. 2 Priority?

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...

Nike Sues StockX Over Latest NFTs

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 For Truckers, The Campaign That Could Render GoFundme Irrelevant

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...

Myanmar Junta Plans To Kickstart Its Own Digital Currency – Bane Or Boon?

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...

Japan Considers Easing The Country’s Strict $1 Trillion Coin Listing Regulations – Why Does It Matter?

The Japanese Virtual Currency Asset and Exchange Association (JVCEA) is considering loosening restrictions on coin listing. With a $1 trillion cryptocurrency trading industry, Japan is changing its perspective and innovating by making it easier to li...

The NFT Industry: On Scams, Exploitations And Dealing With The Nitty-Gritty Of The Business

(This is the second part of a three-part deep dive into the current state of the world’s music NFT industry and how it is making an impact on society) NFT scam site HitPiece.com and its founders were sent a demand letter on Friday by the Recording In...

Corporate Adoption: Restaurant Chain Everbowl Embraces The Bitcoin Standard

Another restaurant company is adding Bitcoin to its balance sheet. On Everbowl’s website, they claim “At everbowl, we believe the key to life is motion,” and they’re putting their money where their mouth is. Under the Bitcoin standard, a new stage aw...

Binance CEO Changpeng Zhao Warns Users Of SMS Phishing Scam

CEO of Binance, Changpeng Zao has alerted users about a massive SMS phishing scam that is targeted towards Binance users. The scam of the world’s largest cryptocurrency exchange platform is redirecting users to a malicious website to harvest cr...

Shiba Inu Latest Partnership Leaves Community Feeling Underwhelmed

Meme project Shiba Inu has been touting a big reveal to its community in recent times. The partnership which the project explained would be huge for the community. Obviously, supporters of the token had high expectations, given that all previous anno...

How This $600K NFT Donation From pplpleasr Has Impacted Thousands Of Lives

When Uniswap deployed its third iteration, an Ad about its release was minted as an NFT and auctioned for over $600,000 or 310 ETH. Created by digital artist Emily Yang, the commercial featured unicorns, constellations, and prisms, and inspired the E...

Baby Doge Signs NFT Partnership With German Top Division Soccer Club Hoffenheim

The German top division soccer club TSG Hoffenheim has announced an NFT partnership deal with the crypto Baby Doge. Bundesliga Club TSG Hoffenheim Signs NFT Deal With Baby Doge As per an announcement on the German club’s website, Baby Doge has...

Son Almost Kills Father In Attempt To Steal $400,000 In Cryptocurrency

A son has been arrested and sentenced in a crypto crime that almost left his father dead. The son who had wanted to get his hands on his father’s crypto holdings but could not do so without getting access to his phone had turned to drugging his fathe...

Music NFTs Are Taking Over 2022 – And Here’s Why

(This is a three-part deep dive into the current state of the world’s music NFT industry and how it is making an impact on society) Last year, we’ve seen NFTs sweep the music industry once the COVID-19 pandemic entirely cut off musicians from t...

Mexico’s Third Wealthiest Man Says Bitcoin Is A Better Alternative To Fiat Money – Here’s Why

These past years presented numerous transformations in the finance industry. And with the rise of bitcoin, more powerful financial technologies – including the influential figures behind them – are changing our concept of money and challenging the fi...

How To Earn on DeFi In 2022 And Avoid Hidden Pitfalls

The decentralized finance (DeFi) market opens plenty of opportunities. We are sharing how to safely use the instruments of the niche to grow profits. How to earn on DeFi The key concept of decentralized finance is the absence of the necessity of midd...

You Won’t Believe What Bitcoin Jungle Is Building In Costa Rica

The Bitcoin Jungle project is way more interesting than you probably think. This is how Bitcoin wins. From the ground up. We saw how Bitcoin Beach started small, humbly grew, and ended up changing El Salvador for the better. It’s only logical for sim...

How The LABEL Foundation Spearhead The Transformation Of Entertainment

Non-Fungible Tokens (NFTs) seem poised to usher new experiences between consumers and products across multiple sectors. So far, the trillion-dollar entertainment industry, as expressed by representatives from major companies in gaming, movies, and mu...

Tezos Secures Sponsorship Deal With Manchester United

It’s been a pretty productive start to 2022 for Tezos, particularly when it comes to new partnerships. While the blockchain had it’s most notable deal up until last year with Red Bull’s F1 racing team, Tezos is building out new bran...

Texas Crypto Miners To Close Operations On Upcoming Winter Storm

Major Texas crypto miners adopt a proactive approach and close down 99% of their mining operations to fear an expected Arctic blast. A massive winter storm with heavy snow, rains, and flash flooding with thundered storms can damage the power grids of...

Dogecoin Creators Asks Community To Not Devalue The Brand With Behavior

The growth of Dogecoin can no doubt be attributed to the strong community that has formed behind the meme coin. Going off the hype created by its supporters alone, the cryptocurrency had been able to rally to new highs. However, a community that is c...

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