Monthly Archives: June 2021

SatoshiLabs Announces Trezor Suite UI Platform At Bitcoin 2021

Hardware wallet manufacturer SatoshiLabs has announced a new user interface platform for its Trezor product, called Trezor Suite. SatoshiLabs, the manufacturer behind bitcoin hardware wallet product Trezor, has announced a new user interface platform called Trezor Suite, launching on July 14. In a video announcement shared at the Bitcoin 2021 event, the SatoshiLabs team explained that its forthcoming desktop app offers a new layout for users to interact with the bitcoin protected by the private keys stored on their Trezor, as well as new technical features. “It’s […]

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Tony Hawk On Bitcoin And Taking Countercultures Mainstream

Skateboarding legend Tony Hawk took the stage at Bitcoin 2021 to discuss the parallels between the growth of Bitcoin and skating culture. During the Bitcoin 2021 conference in Miami today, professional skateboarding icon Tony Hawk took the stage to discuss the parallels between Bitcoin and skateboarding as countercultural movements. “If you’re doing something you truly love, you’re not truly working,” Hawk said, describing his decision to dedicate his professional life to skateboarding. “If you’re working in some sort of Bitcoin facet or world, and you’re enjoying what […]

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No, Musk, don’t blame Bitcoin for dirty energy — The problem lies deeper

Bitcoin is not responsible for dirty energy — people are. But Elon Musk is now responsible for Dogecoin. Elon Musk is definitely interested in digital currency, but it seems that he doesn’t want to understand it. At least, I worry that he doesn’t have a deep enough understanding of Bitcoin (BTC) and decentralized systems in general. A decentralized system has to be secure, and proof-of-work (PoW) is the solution for Bitcoin to secure its digital asset. The more successful Bitcoin is, the more energy is required for […]

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SHIB vs. DOGE – Who Is the Top Dog in Crypto Land?

Over the last few months two distinct dog cryptocurrencies, shiba inu and dogecoin, have been making waves within the crypto economy. While dogecoin has been around since 2013 and has seen massive gains during the last year, the relatively new ERC20 crypto shiba inu has jumped significantly in value as well. Both Dogecoin and Shiba Inu Have Outshined Bitcoin’s Market Performance The cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) have made huge gains in 2021. In fact, both of these digital assets have outshined a great number […]

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Blockstream, Square To Build Solar-Powered Bitcoin Mining Facility

Blockstream and Square partnered to construct a solar-powered bitcoin mining facility and demonstrate potential for sustainable energy use. Bitcoin infrastructure company Blockstream and financial services company Square will be partnering to construct a solar-powered Bitcoin mining facility. It will be located at one of Blockstream’s preexisting mining facilities and is part of Square’s Bitcoin Clean Energy Initiative. Square plans to invest $5 million in the facility and Blockstream will provide infrastructure and management experience, according to a press release shared with Bitcoin Magazine. “The facility will be […]

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Forecasting Bitcoin price using quantitative models, Part 3

To understand where the value of Bitcoin is headed, we need to study the adoption rate of cryptocurrencies in the world. This is Part Three of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value of scarcity, Part Two — the market moves in bubbles, Part Three — the rate of adoption, and Part Four — the hash rate and the estimated price of Bitcoin. The rate of adoption If more and more […]

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De-Dollarization: Russia Removing All US Dollar Assets From Its $600 Billion National Wealth Fund

Russia has reportedly announced that U.S. dollar assets will be removed from its National Wealth Fund as U.S. sanctions on Moscow intensify. The fund, which currently totals about $600.9 billion, forms part of Russia’s gold and currency reserves. Russia Steps up De-Dollarization Efforts Russia’s finance minister, Anton Siluanov, announced at the St. Petersburg International Economic Forum on Thursday that dollar assets will be removed from the National Wealth Fund (NWF) altogether as Washington continues to impose sanctions on Moscow. According to a translation by Reuters, he told […]

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Skateboarding legend Tony Hawk took the stage at Bitcoin 2021 to discuss the parallels between the growth of Bitcoin and skating culture. During the Bitcoin 2021 conference in Miami today, professional skateboarding icon Tony Hawk took the stage to discuss the parallels between Bitcoin and skateboarding as countercultural movements. “If you’re doing something you truly love, you’re not truly working,” Hawk said, describing his decision to dedicate his professional life to skateboarding. “If you’re working in some sort of Bitcoin facet or world, and you’re enjoying what […]

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Growing pains? DeFi exploits plunder BSC, which calls for reinforcements

Binance Smart Chain is getting overrun by hacks, with CipherTrace brought in to keep the BSC-based DeFi platforms safe. Several decentralized finance (DeFi) protocols running on Binance Smart Chain (BSC) have fallen victim to major exploits in recent months as the sector continues to see substantial growth in 2021. Binance’s very own smart contract blockchain platform has seen a surge in demand since its launch in September 2021, due to its low fees and high throughput. This has allowed the Binance Smart Chain to appropriate a percentage […]

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These Bitcoin tweets were way ahead of their time

One Twitter user thought Bitcoin had taken off without them in 2010, while another figured BTC wouldn’t go anywhere. Bitcoin came to life in 2009. More than a decade later, the present day looks back on an enormous amount of development that has built a surrounding industry, complete with other blockchains, assets and solutions. Some folks knew about Bitcoin (BTC) in its early years, while others have jumped on the train in varying droves since then. Looking back through Twitter’s history reveals a few tweets that were […]

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