Monthly Archives: January 2022

The Zen Of Knowing Your Opinion On Bitcoin Doesn’t Matter

At the end of the day, the fact that our opinion has no bearing on Bitcoin is a good thing. Bitcoin doesn’t care about your opinion — or mine. And neither do the world’s leaders. You also may not care about my opinion. You don’t need to, but here it is anyway. It’s my opinion that the fact that Bitcoin doesn’t care about our opinions is a good thing. And, it’s also my opinion that the fact that the world’s leaders don’t care about our opinions is […]

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Bitcoin Shows That Trust In The Government And The Gold Standard Isn’t Necessary

Bitcoin is a return to sound money after the government overreach that led to the end of the gold standard. It has been more than 50 years since the Nixon shock — August 15, 1971, when President Nixon went on national television to announce the historic change that the U.S. dollar would no longer be pegged to gold. Perhaps few people knew how tremendous of a decision that was at the time, and fewer people realized the vast consequences and second-order effects such an action would have. […]

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Kyber Network (KNC) bucks the market-wide downtrend with a 57% gain in January

KNC shook off the current downtrend by posting a 50%+ monthly gain following the launch of Kyber 3.0 and integration across many decentralized exchanges. In the crypto market volatility continues to reign supreme, and fear, uncertainty and doubt (FUD) run rampant. This makes it challenging for any project to rise above the noise and post positive price gains but there are a few projects that are showing strength during the current downturn.  Kyber Network (KNC) is a multi-chain decentralized exchange (DEX) and aggregation platform designed to provide […]

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CertiK’s identification of Crypto Cars as ‘rug pull’ was a false alarm

A temporary website outage of the project’s main site, among other factors, led to the error. In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smallest abnormalities within projects they follow and sometimes erroneously fear for the worse. The day prior, CertiK, a leading cybersecurity ranking platform in the blockchain space, issued a warning via Twitter regarding CryptoCars, alleging that it was a “rug pull.” However, the staff quickly deleted the post as […]

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Barstool Sports Blog Founder Dave Portnoy Spends a ‘Cool Million’ on 29 Bitcoin

The founder of Barstool Sports blog, Dave Portnoy, announced he purchased 29 bitcoin on January 28, spending more than a million dollars. The day trader has had his ups and downs with bitcoin over the last few years, and it seems he’s now jumping back into the market. Day Trader Dave Portnoy Bought 29 Bitcoin on the Fly After His Ups and Downs With the Leading Crypto In August 2020, the stock trader and the founder of Barstool Sports blog, Dave Portnoy, told his Twitter followers that […]

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Tori Zero NFT Project Launched a Joint Cooperation With BWL, the World’s Top Trendy Silver Jewelry Brand

PRESS RELEASE. The Tori Zero NFT project announced a joint cooperation with the trendy silver jewelry brand BWL. BWL founder Bill Wall will be the first celebrity to join the REDLAB Metaverse KOL program and will be giving away 30 pieces of customized hand-crafted BWL silver pendants to the Tori Zero community as gifts. Tori Zero is a NFT project of 10,000 virtual fashion-style 3D female robot characters created by the British team REDLAB. All Tori Zero characters are bound by 3D skeletons. In addition to creating […]

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Fitch says proposed Russia crypto ban eases risks but curbs innovation

Russia’s retail cryptocurrency operations currently stand at about $5 billion per year. On Friday, credit rating agency Fitch published a research piece about Russia’s proposed ban on cryptocurrencies. Although the report agreed with the Central Bank of Russia’s (CBR) position that the ban would limit its financial system’s exposure to risks, it also cautioned that such a proposal could “hold back the diffusion of technologies that could improve productivity.” In addition, Fitch warned: “Suppose this slows the spread of crypto-driven innovations that, for example, improve the speed […]

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Trezor removes controversial address verification protocol, other wallets follow suit

One week after introducing the Address Ownership Proof Protocol, or AOPP, the hardware wallet company backtracked on its decision due to customer privacy concerns. Since 2019, Swiss financial crypto intermediaries have required proof of ownership of an external wallet’s address for Bitcoin withdrawals and deposits to their customers’ non-custodial wallets. One automated mechanism used for this is the Address Ownership Proof Protocol, or AOPP.   The Trezor hardware wallet introduced AOPP signing as part of its latest January update last week, allowing users to generate signatures that conform […]

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The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership

SAND’s 40% rally follows a two-month-long correction that wiped out nearly 70% of the token’s market valuation. Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals. SAND rose 10.23% to $3.38 at the UTC close on Jan.27, followed by another 5.42% spike to $3.57 on Friday. In contrast, Bitcoin (BTC), dropped 1.41% within the same timeframe. SAND/USD daily price […]

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Daniele Sestagalli discusses Wonderland’s future after QuadrigaCX co-founder dox

“Some people said Wonderland should just be wound down and funds be given back to token holders. I believe this is the easy way out,” says Sestagalli. On Friday, Daniele Sestagalli, co-founder of decentralized finance, or DeFi, protocol Wonderland and stablecoin protocol Abracadabra, issued a statement on the path forward after the doxing of his colleague Michael Patryn: “Do we wind down or continue to fight for the aspect of an investment DAO [decentralized autonomous organization] being a revolutionary new organization? For the option that I am […]

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