Monthly Archives: January 2022

Achieving Network Privacy In Bitcoin: VPNs And Tor Help, But Mixnets Are Needed

Crypto Daily

Bitcoin’s public and immutable nature necessitates the return of mixnets to achieve true network-level privacy. Source: Nym Technologies SA Bitcoin was initially thought by many to be anonymous digital cash due to the fact that all transactions are conducted as peer-to-peer transfers between wallet addresses which serve as pseudonyms. However, the public nature of Bitcoin’s ledger of transactions (the “blockchain”) means anyone can observe the flow of coins. This means that pseudonymous addresses do not provide any meaningful level of anonymity, since anyone can harvest the counterparty […]

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Crypto Stories: Vitalik Buterin talks creating Ethereum in previously unreleased 2014 interview

Crypto News

Part of Cointelegraph’s Crypto Stories on YouTube, the series highlights the power of crypto to change the lives of people all over the world. The latest episode of Cointelegraph’s Crypto Stories featured never-before-heard audio from an exclusive interview with Vitalik Buterin, recorded at a conference in Hong Kong in 2014. In this animated short, viewers can learn about the origin story of Ethereum (ETH), the world’d second-largest cryptocurrency by market capitalization, straight from the founder himself. Back in 2011, while Buterin was a student at the University […]

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Mad Money’s Jim Cramer Warns About Dogecoin — Says DOGE Is a Security, SEC Will Regulate

Crypto Daily

The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin. Jim Cramer’s Dogecoin Warning Jim Cramer, the host of CNBC’s Mad Money, warned about investing in dogecoin (DOGE) Thursday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. “Please be careful with dogecoin,” he tweeted, adding that the meme cryptocurrency “is a security” and “will be regulated.” In […]

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Yield App Launches V2, and It’s More Than Just a New Look

Crypto Daily

Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021. In this short time, Yield App has garnered more than 70,000 users and more than $420 million in managed assets. The platform currently offers market-leading rates on USDT, USDC, BTC and ETH, as well as attractive rewards for holders of its native token, YLD. This new, second version […]

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Understanding Money Is Key To Understanding Bitcoin

Crypto Daily

Only by reflecting on the fundamentals of how we transact can we understand what money is and how bitcoin is another evolution of money. “Money is the root of all evil.” You might have heard or read this phrase before, as it gets stated often, but without many people realizing that it’s a misquote of the biblical “For the love of money is the root of all evil” (1 Timothy 6:10). This misquote is completely wrong. Money, the Bible asserts, “is the answer for all things” (Ecc […]

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First U.S. House Hearing On Bitcoin Mining Shows Misunderstandings

Crypto Daily

A lack of knowledge on proof of work prevailed by most Representatives as they questioned the energy use of bitcoin mining. The first Congressional hearing on bitcoin mining took place on Thursday after a U.S. House subcommittee scheduled it to get a better understanding of the environmental impacts of the industry. Rep. Diana DeGette, a Democrat from Colorado, said in her opening statement that despite the promising applications of Bitcoin and blockchain technology, mining’s energy usage and carbon emissions ought to be at the forefront of all […]

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Twitter Blue rolls out NFT profile pics for iOS

Crypto News

The feature can only be used by paid Twitter Blue users on iOS. On Thursday afternoon, Twitter announced that it would be rolling out iOS support for nonfungible token, or NFT, hexagonal avatars. As of now, only paid subscribers of Twitter Blue using iOS, which costs $2.99 per month, can access the feature. According to a tutorial video, users can connect their wallet, including Coinbase Wallet, Rainbow, MetaMask, Trust Wallet, Argent, or Ledger Live, and set it as their profile pic, with the process taking a few […]

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Fed issues discussion paper on benefits and risks of a digital dollar

Crypto News

“The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support,” said the recently published paper. The U.S. Federal Reserve is opening comments to the public after releasing a discussion paper on the pros and cons of a potential central bank digital currency. In a publication released Thursday titled “​​Money and Payments: The U.S. Dollar in the Age of Digital Transformation”, the Fed said it would likely not be authorized to issue digital wallets or accounts capable of holding a U.S. […]

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Crypto Biz: Microsoft enters the metaverse, Jan. 14–20

Crypto News

Mark Zuckerberg appears to have ignited a generational buzz around the Metaverse. Microsoft becomes the next trillion-dollar company to enter this space. This week’s Crypto Biz explores Microsoft’s Activision purchase, the new partnership between Coinbase and Mastercard and the latest funding news from the world of crypto. For a comprehensive breakdown of business developments over the last week, register for the full newsletter below. Microsoft enters the Metaverse with Activision purchase It’s no secret that Microsoft has been eyeing its entry into the Metaverse ever since Zuckerberg […]

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Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ 

Crypto Daily

On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that he “respects the Fed’s independence.” US President Joe Biden Says a ‘Critical Job in Making Sure Elevated Prices Don’t Become Entrenched Rests With the Federal Reserve’ Inflationary pressures have been building in the U.S. as consumers are paying far more for goods and services in 2022, and […]

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