Monthly Archives: March 2020

Vitalik Buterin Sees Future in Decentralized Privacy Currency

Vitalik Buterin says that currency digitization is inevitable and believes decentralized privacy currency would be more appealing to people than state-controlled digital currencies. With governments increasingly looking at launching their own digital currencies, you might worry that crypto just can’t compete with national financial infrastructures. Not so, says Ethereum co-founder Vitalik Buterin. Buterin spoke with Block TV podcast on March 4 about his predictions for the future of currency — specifically the fate of decentralization. He claimed that digitalization is inevitable and decentralized privacy currency would be […]

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Crypto Software Firm Zabo Raises $2.5M in a Seed Round

Crypto software firm has gathered $2.5 million in a seed round led by Moonshots Capital to strengthen its connections with mainstream financial services. Zabo has announced it has raised $ 2.5 million in seed funding, allowing it to extend its portfolio of services to continue connecting its customers’ cryptocurrency wallets to banks, brokerage firms, FinTech apps, and tax software. As detailed in a March 5 blog post, the seed round was led by Moonshots Capital and included funding from Blockchange Ventures, Castle Island Ventures, Digital Currency Group, […]

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Cryptocurrency Airdrops and Giveaways: What They Are and What’s Next

There are a number of ways people can obtain cryptocurrencies and one of them is through airdrops, a type of distribution where creators send free coins to numerous crypto wallet addresses in order to drive adoption. Airdrops have been leveraged for years and token distributors believe that it’s a great way to disburse coins fairly and to raise awareness. New airdrops are announced nearly every month that allow people to obtain free digital tokens. Also read: $65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation The […]

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The US Dollar Could Fall Out of Favor If It Doesn’t Go Digital, ING Economist Says

CBDC’s and currencies such as Facebook’s Libra could force the U.S. to adapt to save its spot as the world’s leading currency, ING economist Carlo Cocuzzo explained. As multiple countries and entities weigh the validity of a central bank digital currency the physical United States dollar still sits in a place of dominance — but for how long? “The dollar is the dominant currency today,” ING economist Carlo Cocuzzo said on a panel at London Blockchain Week. Cocuzzo added that “90% of forex turnover is in dollars, […]

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Brazilian Ministry of Education Proposes Issuing Diplomas on the Blockchain

Brazil opens up to the possibility of implementing Blockchain technology to issue university diplomas and prevent fraud. In an attempt to fight against the falsification of university diplomas in Brazil, the Ministry of Education (MEC) has proposed, creating a Blockchain-based platform to issue digital certifications among non-state universities. According to Cointelegraph Brazil, MEC minister Abraham Weintraub has raised this possibility, which also seeks to create cohesion between diplomas and thus generate a space for self-regulation. To finance the creation of the platform, Brazilian newspaper Valor Economico has […]

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Listen: BitcoinTINA on Bitcoin Podcast Series

Last week, we wrapped up a very special four-part series with BitcoinTina, hosted by Christian Keroles, one of our podcasters and co-host of POVCrypto. Each episode runs right less than an hour, but is absolutely packed to the brim with arguments for the Bitcoin bull case. The Bitcoin Magazine Podcast can be found on Spotify, Apple, Stitcher, and direct from us on Libsyn. On our feed, we have multiple series that uniquely explore the themes being presented on our web publication. Bitcoin Magazine Podcast with David Hollerith […]

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Legendary Soccer Player Turned BTC Pyramid Detained With Fake Passport

Legendary soccer player Ronadinho Gaúcho, now under investigation for involvement in Bitcoin pyramid schemes, was detained with falsified passports. Legendary soccer player Ronaldinho Gaúcho was ‘arrested’ trying to enter Paraguay with a fake passport. One of the greatest soccer players in the history of the sport and now under investigation for participation in companies accused of running cryptocurrency scams using his name, Ronaldinho Gaúcho, was detained on March 4, in Paraguay, according to Cointelegraph Brazil. The Paraguayan National Police reportedly entered the hotel suite where the former […]

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Sheila Warren: Blockchain Awareness Growing — but Still Needs 3 Things

WEF Head of Blockchain Sheila Warren explains the potential of blockchain technology and how it can change the world — but notes we are not there yet due to three things. Speaking at the Hyperledger Global Forum 2020 in Phoenix, Arizona, the World Economic Forum’s head of blockchain and data policy, Sheila Warren, discussed blockchain’s potential to solve real-world problems.  Warren, who started her career as a lawyer on Wall Street before joining the WEF, began her keynote by explaining that in 2018, the conversations people were […]

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Chainalysis: Only 1% of $1 Trillion Transacted in Crypto in 2019 Was Illicit

According to Chainanalysis’ latest report, there were over $1 trillion worth of crypto transactions in 2019 with only 1.1% percent of them being illicit. According to Chainalysis’ March 5th webinar, over $1 trillion worth of cryptocurrency transactions took place in 2019 with only 1.1% of them being illicit.  Source: Chainalysis Diminishing of darknet markets Overall, as crypto adoption keeps on growing and the number of use cases for cryptocurrency expands, illicit transactions on a percentage basis, keep diminishing; implying that the industry today is much healthier than […]

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Riot Reports 147% Monthly Growth In Average Daily Run Rate of BTC Mined

Nasdaq-listed cryptocurrency mining firm Riot Blockchain has demonstrated a remarkable monthly growth in BTC mined in February. Nasdaq-listed cryptocurrency mining firm Riot Blockchain has demonstrated a remarkable monthly growth of average daily run rate of Bitcoins (BTC) mined, in February. The United States-based firm has seen a 147% increase in the average daily run rate of BTC mined, against the average daily production run rate for December 2019, Riot revealed on March 5. Riot attributed the boost to its mining equipment upgrade. At the beginning of the […]

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