Category: Cryptocurrency

Jan 12
Cash App integrates Bitcoin Lightning Network for faster BTC transfers

The Layer 2 protocol addresses the historic limitations of the BTC blockchain to improve speeds while reducing the costs associated with the transactions. 488 Total views 19 Total shares Popular mobile payment service Cash App has integrated the Bitcoin (BTC) Lightning Network as a part of an update, allowing faster and cheaper BTC transfers using […]

Jan 12
Tiny Bitcoin miner defies massive odds to solve a valid block

Despite having a modest hashrate capacity of about 126 TH/s, the lucky miner won the crypto equivalent of the lottery and took home 6.25 BTC worth about $266,000. 5161 Total views 40 Total shares A single Bitcoin miner from the Solo CK mining pool has defied the odds after successfully adding a new block on […]

Jan 12
Buy high, sell high: Custom pipe-maker to Snoop Dogg and Santana tokenizes bongs

“As an artist, we need a certificate of authenticity to connect to the art. NFTs act as a certificate of authenticity and create value and legacy,” said Jerome Baker Designs Founder and President Jason Harris. 930 Total views 45 Total shares Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a […]

Jan 12
Animal Concerts partners with Korea’s Klaytn: K-pop in the Metaverse?

The US-based Metaverse concert organizer Animal Concerts has partnered with South Korea’s Klaytn blockchain network to bring leading global music entertainment stars to the Metaverse. 652 Total views 84 Total shares Metaverse concert organizer Animal Concerts has partnered with South Korean unicorn Kakao’s Klaytn network to increase its exposure to the Korean entertainment industry and […]

Jan 12
Meta poaches staff from Microsoft and Apple for Metaverse plans

According to former staff, around 100 people have already jumped ship from Microsoft to Meta alone. Meanwhile, Apple is offering generous bonuses to hold onto their workers. Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse. According to former employees of Microsoft […]

Jan 11
Coinbase announces 'nearly the entire company will shut down' for four weeklong breaks in 2022 to allow workers to recharge

“Given the intensity of our work throughout the year, we think this is the best way to ensure our pace is sustainable for the long term,” said chief people officer L.J. Brock. 7933 Total views 62 Total shares Major U.S. crypto exchange Coinbase will be giving its employees one week off each quarter in 2022 […]

Jan 11
Ethereum futures and options data reflects traders’ mixed emotions on $3.2K ETH price

Ether (ETH) has been an emotional rollercoaster over the past three months primarily because its price rallied twice. First, it peaked at $4,870 on Nov. 10 and at $4,780 on Dec. 1. However, the double top was quickly followed by a harsh rejection, which led to $490 million in long futures contract liquidations in 48 […]

Jan 11
FTC issues public warning about new crypto ATM scam

The FTC has alerted everyone to stay vigilant of a new payment scam involving impersonators and crypto ATMs. 2717 Total views 50 Total shares The United States Federal Trade Commission published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a […]

Jan 11
Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC

There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts. 14314 Total views 120 Total shares Bitcoin (BTC) broke through $42,000 on Jan. 11 as expectations of a fresh “short squeeze” mounted. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Short-term […]

Jan 11
Block job postings reveal Jack Dorsey’s Bitcoin plans

Holding true to its promises made last year, Block plans to develop open-source Bitcoin mining systems and hardware wallets in 2022. 3732 Total views 49 Total shares In two recent job postings on LinkedIn, Jack Dorsey’s Block (formerly Square) revealed the group’s plans to develop “the next generation of mining ASIC” and make a hardware […]