Monthly Archives: March 2021

Discussing Taproot Activation Through Speedy Trial

This episode of “The Van Wirdum Sjorsnado” is about Speedy Trial, the proposed Taproot activation mechanism that has been gaining traction in recent weeks. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed Speedy Trial, the proposed Taproot activation mechanism that has been gaining traction in recent weeks. They explained that Speedy Trial would give miners three months to signal support for the Taproot upgrade with […]

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Buterin helping to strategize against Ethereum 51% attack possibility

Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability. Ethereum developers recently proposed a network change called EIP-1559 — a proposal meant to combat the network’s rising transaction fees. Expected to take effect in July of this year, the move would send a part of every transaction fee to the Ethereum network itself. Ether allocated in this manner would then be burned, reducing the number of coins in circulation. This change would also decrease the amount of rewards going to the network’s miners, leading […]

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Altcoins sell-off after Bitcoin price rejects near its $58K all-time high

Altcoins are witnessing a bout of profit-taking after Bitcoin price failed to push through its $58,300 all-time high this week. Optimism continues to percolate in the cryptocurrency sector on as recent gains in Bitcoin (BTC) have helped push the valuation of the top-ranked cryptocurrency past that of the South Korean won. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin experienced a wave of selling in the early hours that pushed the price to a low of $54,948 before bulls returned to briefly push […]

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Acclaimed digital artist & Beeple collaborator Alberto Mielgo announces NFT drop

Known for his work with the Gorillaz, Spider-Man, and LOVE DEATH AND ROBOTS, the Emmy award-winning artist is preparing a NFT drop You might not know his name, but you’ve probably seen his work. For years Alberto Mielgo has been producing digital art for movies, television, and commercials. Notable works include an episode of Netflix’s LOVE DEATH AND ROBOTS (for which he and his 70-plus man team won multiple Emmys), music videos for The Gorillaz, and Spider-Man: Into the Spider-Verse, where he collaborated with NFT digital-art-turn-high art sensation […]

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Ethereum’s Buterin Highlights Layer-Two Rollups as Potential Scaling Solution

As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months to meet growing demand. Sidechain Bundling Touted as Workaround to Current Network Congestion Ethereum has passed many milestones over the last 12-months and can be credited as the protocol responsible for popularizing the defi revolution thanks to its smart contract capabilities. Yet, as demand for the […]

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Price analysis 3/12: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH

Bitcoin bulls are attempting to push BTC price back toward $58,000 but data shows altcoins may be losing their bullish momentum. Bitcoin (BTC) missed hitting a new all-time high on March 11 by just a whisker as Oracle Corporation denied rumors that it had purchased about 72,000 Bitcoin. This suggests that traders could be looking for signs of greater institutional adoption to boost Bitcoin’s price further.  One of the main factors that may have kept several institutional investors at bay is the lack of regulatory clarity but […]

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Philly t-shirt company allocates $1M of its cash reserves to BTC / ETH

Roughly 30% of the $1 million has already been put toward crypto purchases. RushOrderTees, a t-shirt printing and embroidering company, intends to buy $1 million worth of crypto with its cash reserves, according to a recent announcement.  “The company has so far purchased $300k in Bitcoin and other cryptocurrencies over the past month and will ramp to $1 million in crypto holdings by the end of April,” a March 12 public statement said. The move from RushOrderTees is another sign of adoption and a normalization of digital asset […]

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Old School Bitcoin Whales Are Moving: This Week a Single Entity Transferred 10,000 BTC Acquired in 2013

While bitcoin’s price has neared the all-time price highs captured in February, old coins that have sat idle for many years have started to wake up from slumber. On March 4, at block height 673,162, a block reward worth 50 bitcoin from 2010 was transferred for the first time in over a decade. Also, a whale from 2013 has emerged from slumber as well, after 10,000 bitcoin that sat idle for over seven years was transferred on March 11. 2010 Block Reward Worth $2.8M Spent Last Week […]

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Ankr gains 137% after becoming the top validator on Binance Smart Chain

Improving fundamentals, new partnerships and a key integration with Binance Smart Chain back Ankr’s recent 137% rally. It’s hard to argue that the crypto market is not in a bull market right now, but this run does show different characteristics and catalysts than the 2017 bull market.  In 2017, investors were hyped by the allure of high returns from initial coin offerings (ICO) that promised much but delivered very little in the form of an actually working ‘product.’ Fast forward to 2020, and the current altcoin season […]

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Badger DAO to acquire ‘Badger.com’ domain for $300,000

Badgers now have a new home: the DeFi protocol has purchased the “badger.com” domain for a tidy $300,000 The Badger DAO community is ‘sett’ to migrate to some new ‘diggs’: the decentralized finance project will shortly become the new owner of the “Badger.com” web domain.  In a Badger Improvement Proposal listed on governance forums today, BIP-43, BadgerDAO founder Chris Spadafora wrote that the new domain will “quickly increase the value [of the app] across all these categories (daily traffic, referring websites, search engine optimization etc.)” “As Badger […]

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