Monthly Archives: August 2021

‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon

On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights the protocol is now live on Polygon mainnet. Lazy.com Joins Polygon The non-fungible token digital art gallery Lazy.com has announced on Thursday that the protocol is now integrated with the Polygon platform, formally called Matic. The Lazy.com web portal says that the gallery […]

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Social Media Platform Torum Announces Strategic Investment by Huobi Ventures HECO Fund

PRESS RELEASE. Torum announces strategic investment by Huobi Ventures, the $100 million venture arm of Huobi Group to foster blockchain adoption and ecosystem expansion. 5th August 2021, Kuala Lumpur, Malaysia — On the eve of the project’s 1st year launch anniversary, social media platform Torum has released its H2 strategic ecosystem expansion plan, prioritizing the construction of a one-stop crypto ecosystem. The plan includes core features that aim to solve the industry’s information asymmetry problems and improve the connection between projects and communities through a social-based ecosystem. […]

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Lead Republican behind infrastructure bill negotiations supports crypto amendment

The senator’s stance is somewhat surprising given he has previously called the section on brokers in the proposed bill a “common-sense provision.” Senator Rob Portman, one of the lead Republican voices for negotiations over an infrastructure bill in the U.S. Senate, said he supports an amendment clarifying the intent of a cryptocurrency provision. In a Tweet today, Portman encouraged his colleagues in the Senate to vote on an amendment proposed this week by Ron Wyden, Cynthia Lummis, and Pat Toomey which suggests striking the definition of brokers […]

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London is live and Ethereum bulls control Friday’s $357M ETH options expiry

$357 million in ETH options expire on August 6 and bears don’t stand a chance given that every neutral-to-bearish put is underwater. Ether (ETH) price rallied 50% leading in the London hardfork because many investors expect the upgrade to solve the issue of high transaction fees and make the altcoin a deflationary asset.  Pantera Capital CEO Dan Morehead has predicted that the upcoming upgrade would likely cause Ether to ‘flip’ Bitcoin (BTC) as the leading cryptocurrency but this is a topic under heavy contention. To understand the […]

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Discussing The Bitcoin Voter Block With Amanda Cavaleri

Amanda Cavaleri explains how the Bitcoin voter block is one of the largest single-issue powers in U.S. politics. Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Spotify Google Libsyn Overcast Many Bitcoin enthusiasts tend to lean from a significantly libertarian perspective. Many take pride in routing around the government and relish in Bitcoin’s ability to just opt out completely. Unfortunately for the Bitcoiners not interested in participating in politics, last week, a proposed version of a United States infrastructure bill introduced an existential crisis […]

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Hard To Soft Money: The Hyperinflation Of The Roman Empire

Historically, hyperinflation is a positive feedback loop of free money, illusionary wealth and greed. Almost two thousand years before the early 1920s Weimar Germany hyperinflation, there was the great currency debasement of the Roman Empire. Image source At the turn of the second century, the Roman Empire controlled all of Western Europe, parts of North Africa and the Middle East. Some estimate up to 65-100 million people lived under Roman rule, with 55–65 million as the most accepted range. — approximately 20% of the world population. Yet, […]

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Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum

On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one true, troy ounce of fine gold,” according to Kitco. Kitco Launches KGLD Token Backed by a Troy Ounce of .999 Gold In the seventies, Bart Kitner started trading gold with funds he […]

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Bitcoin Miner Bitfarms Mined 391 BTC In July With 99% Clean Energy

Bitcoin mining company Bitfarms has shared bitcoin production updates, including energy usage and the company’s strategic HODL mentality. Bitcoin miner Bitfarms has announced updates on its mining operations, including production and energy mix usage, as well as the company’s HODL strategy for bitcoin. The company has mined around 13 BTC per day with 99% clean energy. Bitfarms mined 391 new bitcoin during July 2021, the company’s most significant production rate in the year and approximately 96% more than its mining production in January 2021. The miner estimates […]

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Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000

Hopes of an eventual BTC ETF approval and a rebound off a key support level pushed Bitcoin price well above the $40,000 level, but can the bulls sustain the current volume? Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) today after the successful launch of Ethereum’s London hard fork and a series of new Bitcoin ETF filings resulted in a rally that propelled BTC price 9% higher and Ether gained 11.75% which brings the altcoin closer to the elusive $3,000 level. Data from Cointelegraph Markets Pro […]

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Coinbase users can now buy crypto with Apple Pay

Coinbase has added additional user-friendly payment options to its platform. Crypto exchange Coinbase announced on Thursday that users can now use Apple Pay to purchase crypto assets on its platform, with Google Pay integration to follow. “Today we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7,” said a Coinbase blog post on Thursday. “If you already have a Visa or Mastercard debit card linked in your […]

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