Month: April 2022

In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces the circulating supply. Blockchain Projects Burn Tokens for Specific Benefits and Objectives Burning tokens has been a popular trend and articles often highlight specific projects like Ethereum, Terra, Shiba Inu, and many more Read more …

Synonym Software has launched Blocktank, a new Lightning service provider (LSP) targeted at Lightning Network-based businesses interested in providing a better experience for their customers. The suite of open-source tools and services offered by Blocktank promises to help wallets, applications, exchanges and merchants better navigate the requirements for sending and receiving effective and reliable payments on Bitcoin’s second-layer scaling network. Blocktank is comprised of many different parts, including an application programming interface (API), a widget, and so-called hubs, all of Read more …

The core principle and design goal of Bitcoin was to be “a purely peer-to-peer version of electronic cash.” While this statement from the whitepaper is traditionally viewed as being related solely to the processing of payments independent of a financial institution, there are other aspects of Bitcoin that are incredibly important to maintain in order to keep it a peer-to-peer system that empowers its users to maintain control over their own finances. Self-validation is one of the most important things Read more …

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Source

Elon Musk is the first inductee into the Ukrainian NFT Museum MetaHistory’s Hall of Fame, but he will not be the last. Some other famous inductees include: Mila Kunis, Elton John, Jared Leto, Jim Carrey, and Benedict Cumberbatch. The Hall – MetaHistory’s Hall of Fame Since the start of the war in Ukraine many businesspeople, artists, and politicians have shown their support for the country, but some of them stood out especially. MetaHistory, Ukraine’s NFT museum, now wants to commemorate Read more …

On April 28, 2022, the crypto asset apecoin tapped an all-time high (ATH) tapping $26.70 per unit and the digital currency has taken the 25th largest market capitalization among 13,371 cryptocurrencies. The same day, the product comparison platform Finder published its prediction report that covers apecoin’s market performance and Finder’s surveyed panelists predict apecoin will end the year at $27 per unit. Finder’s Experts Predict Apecoin’s Future Value This week finder.com published a new prediction report that polled 36 financial Read more …

sponsored YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is launching its utility token, HRTS (pronounced “Hearts”), on Bittrex Global’s IEO Platform Starting Block as the platform’s debut project. The Premier Marketplace for Musicians to Join the NFT Revolution YellowHeart Protocol, an NFT platform fabulously poised to disrupt the ticketing and music industries, is the first project launched on the Bittrex Global’s IEO Platform and is here to redefine the future of music. The platform Read more …

Bitcoin (BTC) has been made legal tender in El Salvador, the first country in the world to do so, where confidence in Bitcoin is growing as Bitcoin-enabled positive changes continue to transform the economy. Now it’s time for El Salvador to embrace Bitcoin maximalism as a guiding principle and reject all so-called “crypto” and “altcoin” projects. As Bitcoin continues to overtake fiat money, CBDC’s, Gold and so-called altcoins to become the sole, global monetary standard, Bitcoin Maximalism has emerged as Read more …

According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their own bitcoins to verify transactions.” WEF on Bitcoin’s Proof-of-Work: A ‘Basic Change in Coding” Could Eliminate ‘Most of the Network’s Energy Demands’ In recent times, there have been a lot of arguments about the energy consumption Read more …

NEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today’s surge sent NEXO to a multi-week high, while TRON also moved higher, hitting a one week peak. NEXO Two weeks after announcing a partnership with Mastercard to launch the world’s first “crypto-backed” payment card, NEXO today achieved another milestone. Binance confirmed that it will be adding the token to its platform, and this news was well Read more …

Crypto prices continued to seesaw on Friday, as both bitcoin and ethereum fell into the red, after a short lived rally on Thursday. Bitcoin was once again below $40,000 during the session, while ethereum extended its recent spell of trading below $3,000. Bitcoin Bitcoin (BTC) once again fell below the $40,000 level on Friday, following a short stint in the green during yesterday’s session. Following a peak of $40,269.47 on Thursday, BTC/USD fell to an intraday low of $38,698.16 earlier Read more …

The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific procedures that these individuals or companies must follow to operate legally in the country, after establishing a general framework in August. Bank of Cuba Clarifies Rules for VASPs The Cuban government has advanced a new law framework that brings clarity to how virtual asset service providers must proceed to Read more …