Monthly Archives: December 2021

Crypto Mixing Tools Tornado.cash and Cashfusion Obscure More Than $8 Billion in Transactions

While blockchain monitoring has increased a great deal during the last few years, cryptocurrency mixers have seen significant use from those who don’t want their financial transactions tracked. Meanwhile, two mixing applications, Tornado.cash and Cashfusion, have helped crypto owners make their ethereum and bitcoin cash less traceable. The two applications combined recorded more than $8 billion in crypto transactions that have been purposely obfuscated. Over $4.8 Billion in Ethereum Processed via Tornado.cash Digital currency privacy is a big deal to a lot of people. To some people, […]

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Reflecting On The Year In Bitcoin: Our Progress And What We Take For Granted

The progress that the Bitcoin community made in 2021 reminds us to take nothing for granted, and to make the changes we want to see next year. Society has been taking a lot of things for granted, and arguably this is why we’re here now. The globe is filled with overly-panicked populations, governments are conducting some of the most authoritarian overreach of our lives, inflation is rising, real interest rates are negative and supply chain problems are rampant. In all of this, too many have taken having […]

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Spreading holiday joy through charitable giving with cryptocurrency

Charitable crypto campaigns aim to give back this holiday season, demonstrating how effective cryptocurrency and NFT donations can be for donations. The holidays are the perfect time of the year for giving back, and the rise of cryptocurrencies has created even more opportunities for charitable initiatives. This was highlighted during Giving Tuesday 2021, the Tuesday after Thanksgiving which saw over $2.4 million raised in cryptocurrency from the nonprofit fundraising platform The Giving Block. As crypto philanthropy becomes a new subsector of the cryptocurrency economy, some in the […]

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Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades

Since December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto market economy. Stablecoin Issuance Jumps 3.5% There’s a great number of stablecoins in existence today that are pegged to the value of fiat currencies like the U.S. dollar. The U.S. dollar is the most common stablecoin peg today, but there are others that represent […]

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Can Bitcoin Survive An Apocalypse?

Could Bitcoin stick it out like a roach, or would a worldwide collapse lead to the inevitable demise of Bitcoin? We often use the term “anti-fragile” or “censorship-resistant” to describe Bitcoin. But do these terms still apply if the internet is intentionally cut off or if some horrible, catastrophic event ends up happening? The short answer? Yes, Bitcoin can survive an apocalypse. Not only this, but Bitcoin is actually the most robust network on the planet, as well as the most likely to stay alive in some […]

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From DeFi year to decade: Is mass adoption here? Experts Answer, Part 3

Decentralized technologies’ insiders shared their views on DeFi and the role, achievements and challenges the space faced in 2021. Tristan Frizza of Zeta Markets: Tristan is the core contributor to Zeta Markets, an under-collateralized DeFi derivatives platform, providing liquid derivatives trading to individuals and institutions alike. “We’ve seen a Cambrian explosion in the DeFi ecosystem in 2021, with peak TVL approaching $300 billion vs the 2020 peak of $21 billion. This sounds like the growth surely has to slow. Yet, DeFi still represents just a fraction of […]

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10 women who used crypto to make a difference in 2021

These 10 inspiring women made things happen using crypto and blockchain in 2021, one block at a time. This year, new research showed that there’s still a long way to go before there is gender parity in the crypto and blockchain space. WEF’s April Global Gender Gap Report 2021 found that it will take close to 135.6 years to close the gender gap due to the COVID-19 pandemic. However, that hasn’t stopped these women who used blockchain technology and cryptocurrency to tackle a whole range of social […]

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Dogecoin Foundation Says It’s Working With Ethereum’s Vitalik Buterin on a Staking Concept

According to the Dogecoin Foundation, the organization is working with Vitalik Buterin on constructing proof-of-stake (PoS) capabilities for the Dogecoin network. The “uniquely Doge proposal” is aimed at bolstering a “community staking” version of the protocol. Dogecoin Foundation Discusses the Project’s ‘Trailmap’ On December 23, the Dogecoin Foundation’s official Twitter account tweeted about the digital currency network’s “Trailmap,” a set of initiatives that essentially detail the proposed direction of the Dogecoin blockchain and ecosystem. The Dogecoin Foundation says that a traditional crypto “roadmap” is a rigid summary […]

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Child prodigy with 162 IQ wants cryptocurrency for Christmas and gets it

The 12-year-old Barnaby Swinburn scored 162 on the Mensa IQ test and became a member of the high-IQ society. The wish of owning cryptocurrencies this Christmas came true for a 12-year-old schoolkid with an intelligence quotient (IQ) higher than Albert Einstein.  Barnaby Swinburn, a resident of Bristol, England had asked for two Christmas presents, a Mensa test for testing his IQ and a cryptocurrency portfolio. According to BristolLive, Swinburn scored the highest possible score of 162 on the test, beating Einstien’s IQ of 160. As a result, […]

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More Needs to Be Done to Ensure Tanzanians Understand the Risks of Crypto Trading, Says Blockchain Educator

Tanzanians are embracing cryptocurrencies but more work still has to be undertaken in order to reduce the number of scams in the industry, a blockchain educator has said. In much of the year 2021, blockchain entities and proponents of the technology in Tanzania did much to bring this fintech to ordinary folks in that country. This has been either through roadshows or investment commitments. These efforts have also been bolstered by President Samia Suluhu Hasan’s apparent embrace of the technology. As a result of such efforts, more […]

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