Monthly Archives: May 2021

A Privacy Standard In Bitcoin, And How It Will Protect Bitcoin Users

There exists a security problem inherent to Bitcoin’s transparency that needs to be addressed by the community. Bitcoin has a fungibility issue; it is transparent, which can be both good and bad. Transparency allows everyone to check how many bitcoin are in circulation and to ensure that nobody is cheating. But it also allows bad actors (such as governments) to monitor the chain and compromise users’ privacy. When a new user buys bitcoin using a regulated, know your customer (KYC) exchange, his information (including Bitcoin address, government […]

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EOS and YFI lead altcoins higher as Bitcoin and Ether bounce from swing lows

YFI, EOS and REV notched double-digit rallies as altcoins capitalized on the oversold bounce in Bitcoin and Ethereum price. The markets were mixed on May 11 as Bitcoin (BTC) recovered from Monday’s drop to $53,000 by bouncing to $56,862 but the digital asset is still finding resistance at the $57,000 level. Ether (ETH) also worked its way back above $4,100 but according to Cointelegraph analyst Marcel Pechman, the bullish sentiment for Ether seen in recent weeks has begun to fade as traders question whether new all-time highs will be […]

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The challenges with designing a CBDC, explained

Central bank digital currencies face a tricky trilemma when it comes to ensuring they are well designed. What’s the answer? How can this CBDC design trilemma be overcome? An identity-based, meta-blockchain can achieve all three design goals of identity, privacy and programmability. While blockchain systems can be structurally decentralized, the operation itself can be very much centralized and sequential. The problem lies in how transactions cannot be processed in parallel — and multiple smart contracts cannot be operated simultaneously. A meta-blockchain that can operate smart contracts in […]

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Is There A Bitcoin Supply Shortage?

Utilizing comparisons with previous cycles can help us better understand the current exchange supply situation. Is there a bitcoin supply shortage on exchanges? Yes and no. The bitcoin balance on exchanges has received a lot of attention during this bull run because the change in these balances sticks out. In previous bull runs, what can be observed is that, often, with bitcoin’s price increasing, the bitcoin balance on exchanges has increased. This can be seen in Figure 1 where Glassnode has compiled the addresses of spot exchanges […]

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Texas house passes crypto-friendly bill, now goes to senate

Governor Greg Abbott has already hinted he is open to signing the bill into law. Members of the Texas House of Representatives have passed a bill which aims to recognize cryptocurrencies under commercial law in the state. In a session of the 87th Texas Legislature today, lawmakers passed a proposed amendment to the state’s Uniform Commercial Code, or UCC, aimed at better adapting commercial law to blockchain innovation and digital asset regulations. First introduced by Representative Tan Parker in March, House Bill 4474 will reportedly help define cryptocurrencies in the UCC.  […]

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E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’

Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community.” Ebay Updates Policies to Allow Sale of NFTs Ebay Inc. announced Tuesday that sellers can now sell non-fungible tokens (NFTs) on its platform, which currently has about 187 million buyers. “Recently, we’ve seen a massive wave of attention, media coverage, and online conversation around […]

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PolkaLokr Listing on AscendEX

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the PolkaLokr Token (LOKR) under the pair USDT/LOKR on May 10 at 1:00 p.m. UTC. Polkalokr is the first all-in-one, multi-chain token locking and escrow platform with built-in privacy functionality. Their products, LOKR and SWAPR, help build trust within the Defi space by removing the human element and focusing on governance through code with a seamless, omnichannel digital experience platform. Polkalokr will introduce the […]

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Interview: The Bitcoin Bull Market With David Puell

On-chain bitcoin analyst David Puell joined the “Bitcoin Magazine Podcast” to discuss the bull market. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast This week for the “Bitcoin Magazine Podcast,” host Christian Keroles was joined by Bitcoin Magazine researcher Dylan LeClair and pioneer on-chain analyst David Puell. As Bitcoin leads the way for cryptocurrency adoption and acceptance, market participants are starting to embellish in massive pump and dump activities around alternative coins. This portion of a bitcoin bull market is often […]

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Balancer protocol launches version 2 of its automated market maker

Automated market makers, or AMMs, have become a staple of the rapidly growing DeFi industry. Balancer, a leading automated market maker, has launched version 2 of its protocol, promising faster speed, lower costs and improved liquidity.  In addition to revamping the user interface, Balancer’s backend will provide more efficient routing for trades through “Protocol Vault.” The platform claims that this upgrade will reduce gas costs and produce better pricing mechanisms. Expected gas costs are said to be 40% lower in version 2 – a figure that jumps […]

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Dogelon Mars, Shiba Inu and Dogecoin take the lead as Bitcoin consolidates

Canine-themed meme tokens like ELON, SHIB and DOGE have taken control of the market while Bitcoin consolidates below $57,000 and Ethereum holds above the $4,000 mark. Cryptocurrency traders awoke to an altcoin bonanza as a handful of meme tokens, along with some of the more established projects, staged double-digit rallies while Bitcoin (BTC) price slowly recovers to the $57,000 level.  The biggest event generating conversations across the crypto sector and social media is the rise of dog-themed tokens inspired by the recent mega rally from Dogecoin (DOGE). […]

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