Monthly Archives: August 2021

New Implementation For Bitcoin Mixing Service CoinJoin Improves Sybil Resistance

This week’s Bitcoin Optech newsletter details a JoinMarket implementation improvement for CoinJoin bitcoin mixing and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin, we’re republishing the latest issue of this newsletter below. Remember to subscribe to receive this content straight to your inbox. This week’s newsletter follows up on a previous description about fidelity bonds in JoinMarket and includes […]

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Inside Cuba’s Bitcoin Revolution

As political demonstrations show the world that Cubans are tired of dictatorship, Bitcoin is providing an option to peacefully protest and opt out of a broken system. Lucia is a 30-year-old medical worker and Bitcoin user living in Matanzas, a city of about 150,000 people sitting about 50 miles east of Havana on Cuba’s northern coast. Named after an aboriginal rebellion against Spanish colonizers, the word “matanzas” literally translates to “slaughter.” The settlement later turned into a 19th-century epicenter of slavery and sugar plantations. Today, like all […]

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Traders hope for a new altcoin season now that Bitcoin turned $45K to support

Bitcoin’s consecutive daily closes above $45,000 were followed by a 40% rally from ICP, RVN, VGX and EGLD, leading traders to believe that a new altcoin season is starting. This week the total cryptocurrency market capitalization bounced back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. While the fresh bullish momentum attracted the attention of investors, Bitcoin’s (BTC) move from $33,400 to $45,900 was pretty much in line with the rest of the market. Whether Bitcoin will finally […]

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Nasdaq-Listed Metromile Invests $1 Million in Bitcoin — Sees Rapid Growth in Global Cryptocurrency Adoption

The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive payment for eligible claims in either bitcoin or dollars.” Auto Insurance Platform Adds Bitcoin to Balance Sheet The Nasdaq-listed insurance company Metromile Inc. disclosed its bitcoin purchase in a filing with the U.S. Securities and Exchange Commission (SEC) dated Aug. 10. Metromile is a digital insurance platform and pay-per-mile auto insurer. The filing states: In […]

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Lattice Exchange provides venue for finding undiscovered cryptocurrencies

Crypto investors are always on the hunt for the next low-cap gem. Lattice has created a new platform that could provide investors with an early glimpse into up-and-coming projects. Lattice Exchange, an automated market maker for the DeFi market, has launched a new product that seeks to allow cryptocurrency entrepreneurs to list their tokens and for users to participate in early-stage projects more seamlessly.  Dubbed Lattice Launchpad, the new platform is described as a “one-stop shop for blockchain entrepreneurs” to get their projects recognized by the community. […]

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Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum

The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order to comply with the Securities and Exchange Commission’s EDGAR filing system. Neuberger Berman’s 497 Shows Bitcoin and Ethereum Exposure Neuberger Berman (NB) has detailed in a Form 497 filing with the Securities and Exchange Commission (SEC) that it is now permitting active exposure to crypto […]

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LoFi-DeFi Fair Launch Is Set to Smash Records

PRESS RELEASE. The last two weeks saw decentralized finance cryptocurrency startup LOFI-DEFI gain intense social adoption for what is positioned to be the biggest fair launch in DeFi history. Tens of thousands of investors have gathered in its combined international Telegram communities to await the launch of their native token LOFI. “There’s an art to effective marketing in the crypto space,” says Robert Tedders, CEO of TokenCulture.com, one of the premier cryptocurrency marketing firms. “Lofi-Defi has the ‘secret sauce’ to set the standard and we are going […]

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Price analysis 8/11: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, LINK, SOL

Bitcoin and most major altcoins remain above their respective 200-day moving average but the market’s momentum will depend on whether BTC can pierce the $48,000 level. Bitcoin’s (BTC) strong recovery and march toward the psychological level at $50,000 has improved the overall sentiment in the crypto sector. That has boosted the total crypto market capitalization to over $1.9 trillion. Data from Glassnode shows a sharp increase in the dominance of Bitcoin transactions exceeding $1 million in the past few months. The on-chain analytics firm noted in its […]

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Bitcoin Exchange Unocoin Will Allow Indians To Purchase Everyday Products With Bitcoin

The Indian bitcoin exchange will be allowing its users to purchase everyday goods such as pizza and coffee with bitcoin through in-app vouchers. Indian bitcoin exchange Unocoin will now allow its users to purchase everyday consumer items such as pizza, coffee, and ice cream in the country using bitcoin, local news outlet News18 reported. The feature will provide Unocoin customers with branded voucher options in its mobile app, redeemable with BTC and used for regular purchases. Instead of having bitcoin function as the actual medium of exchange, […]

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Digital Insurance Platform Metromile Purchases $1 Million In Bitcoin

Metromile Purchased $1 Million Worth Of Bitcoin. The Company Announced It Will Soon Implement A Bitcoin Payment Solution On Its Platform, And That It Would Purchase Additional Bitcoin. The digital pay-per-mile auto insurance firm Metromile purchased $1 million worth of bitcoin in June 2021. In May the company announced it would soon implement a Bitcoin payment solution on its platform for eligible insurance claims, and that it would purchase additional Bitcoin. This development would make Metromile the first insurance company to both accept premiums and pay claims […]

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