Square and Twitter CEO Jack Dorsey confirmed today via Twitter that Square plans to create a Bitcoin hardware wallet. Square Product Development Head Jesse Dorogusker first tweeted that the company “has decided to build a hardware wallet and service to make Bitcoin custody more widespread.” Read: Apple Co-Founder, Steve Wozniak: “Bitcoin Is The Most Amazing Mathematical […]
Economics 101: Supply and Demand with Examples of Cryptocurrencies
The basic concept of economics with examples including cryptocurrencies. If you’ve ever encountered economics courses, the first thing being taught is the law of supply and demand. Now, we’ll discuss the law of supply and demand with examples. What is the law of supply and demand? There are two ways to study this law: the law […]
We Need To Talk About The NOT Science Behind Digiconomist
The lack of factual information utilized in reports by the publication is alarming and misleading. This is part two in an ongoing series taking a look at the electricity consumption and environmental impact of Bitcoin Mining — Part 1 is available here. The Digiconomist and their Bitcoin Electricity Consumption Index is one of the oldest […]
Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready to be paid in crypto. Bitcoin Adoption ‘Not at All Correct,’ […]
New Dogecoin (DOGE) update has this key ‘merit,’ says Elon Musk
Matt Wallace, a popular proponent of Dogecoin, reminded the Dogecoin community today about an upcoming update that would speed up transactions and make the network even cheaper. It elicited a response from none other than ‘Dogefather’ Elon Musk. Reminder: The Dogecoin update is coming soon! It will position Doge perfectly to become one of the […]
Why Do Media Companies Attack The Bitcoin Industry?
A recent article on the environmental impact of Greenidge’s Seneca Lake mining operation is one of many misleading publications on bitcoin. It is with no hyperbole that I say the media industry has it out for Bitcoin. Whether it be for the massive engagement to be extracted from the buzzing digital asset keyword or a legitimate […]
Crypto ads no longer allowed on TikTok
These new guidelines probably mean there won’t be any more Dogecoin hyping on the platform. TikTok announced on Friday that certain types of ads would no longer be allowed on their platform. Crypto-based promotional content was included among the now-verboten topics, according to an article from FT Adviser on July 8. The new guidelines on […]
SEC charges individuals connected to former iced tea-turned-mining company
According to the regulatory body, an investor was tipped off that the company would be rebranded, a move that resulted in a huge surge in Long Blockchain’s stock price. The U.S. Securities and Exchange Commission has filed charges against three people accused of insider trading with the Long Blockchain Company related to changing its name […]
AscendEX Launches Hummingbot Rebate Campaign
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to launch the Hummingbot Rebate Campaign to reward users for trading on AscendEX using the Hummingbot Liquidity Mining Portal. The campaign will begin July 9, 2021 and run for 60 days. During the campaign, new and existing Hummingbot users on […]
The Tall Tale Of Boiling Seneca Lake
The overdramatization of environmental concerns related to bitcoin mining obfuscate any legitimate conversation on the topic. Recently, an overdramatized story by Gretchen Morgenson of NBC News, about the Greenidge power plant and cryptocurrency mining hybrid on Seneca Lake, New York, went viral. The story blames bitcoin mining for “ruining” the 12,000-year-old glacial Seneca Lake. The […]