The relationship between football and blockchain has attained a new height after Real Madrid, and Barcelona football clubs filed for a co-owned Metaverse trademark. The […]
There are numerous new types of jobs since the internet first gained popularity. Bitcoin will experience a similar growth trajectory as more jobs are created.
Dogecoin was one of the most prominent cryptocurrencies in 2021 to go on a remarkable rally. The digital asset had been much in obscurity before Elon Musk had begun his legendary shilling spree, and with support from one of the richest men in the world, Dogecoin’s price had risen to as high as $0.7. The […]
Is The NY Times changing its tune? Not exactly, but it’s a start. And a big improvement over the mainstream media’s constant attacks on bitcoin. The newspaper interviewed notable bitcoiners, quoted them without twisting their words, and let them present the case for bitcoin supremacy. Of course, The NY Times also sneaked their usual points […]
It is my hope that a transition to a world on a Bitcoin standard will re-center the focus of medicine on the doctor-patient relationship.
A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.”
Bitcoin mining incentivizes energy usage that is better for the environment by easing the transition from fossil fuels to wind and solar energy.
Minecraft is on the short-list of iconic video games that have truly stood the test of time. The title has endured over a decade of innovation in gaming, and still stands as a highly respected, highly engaged title. This week, the staff at Minecraft released a blog post titled “Minecraft and NFTs,” establishing the Microsoft-owned […]
Joyride Games, a Web3 game publishing platform renowned for building, launching, and operating blockchain-powered games, has successfully launched its casual play-to-earn (P2E) gaming platform on […]
The battle for supremacy among crypto exchanges has often come down to the amount of bitcoin that they hold. This is due to the prestige that comes with the pioneer cryptocurrency and, of course, the value that it commands. For the longest time, Coinbase has maintained its lead in the market when it comes to […]
WebMoney, an e-currency payment system, announced today it has added a new type of title unit – WMT – with accounting in stablecoin Tether (USDT). 1 WMT corresponds to 1 USDT. USDT tokens are supported on Ethereum and Binance Smart Chain; while Tron and other chains will be added later. Transfers between WMT wallets are instant with low and […]
The post WebMoney adds support for Tether (USDT) wallet units appeared first on CryptoNinjas.
The various inner workings of the fiat system lend to an increased “surface area” for misuse, misallocation and misunderstanding.
Blockchain networks are decentralized, meaning that they can be used to make payments without centralized authorities deciding which transactions are allowed. While some argue that such systems can enable fraudulent transactions, blockchain networks use advanced mathematical technologies called consensus mechanisms to prevent this. Thus, blockchains can be used by peers to transact without fear of fraud or censorship. In turn, cryptocurrency enables individuals to easily support the causes that they believe in, even when reaching affected groups through traditional means may be difficult. While discussing this aspect of cryptocurrency, the idea that cryptocurrency is often used for nefarious purposes is often argued. However, over 99% of cryptocurrency transactions are legitimate. In fact, it is often true that cryptocurrency transactions are used for humanitarian purposes. The Giving Block, a large cryptocurrency philanthropy platform, supports over one thousand nonprofit organizations around the world and is projected to facilitate over USD 1 Billion in donations by the end of 2022. When compared to the USD 100 Million in donations that The Giving Block facilitated last year, this figure suggests that overall cryptocurrency donations are growing alongside adoption. Because cryptocurrencies are universal, that is they are not tied to individual countries, they make accepting donations from anyone in the world possible during times when global political circumstances make doing so through traditional money transfer methods incredibly difficult. As an example drawn from current events, cryptocurrency is enabling Russian citizens who condemn Vladimir Putin’s invasion of Ukraine to send aid to Ukraine’s government and its people. Since the first day of combat, the broader cryptocurrency community has stringently supported Ukraine’s independence. Within a month of Russia’s invasion, over USD 63 Billion in various cryptocurrencies had been donated to Ukraine’s official wallet addresses. Since then, donations have only increased; according to tradingplatforms.com, last month’s donations alone topped USD $100 Million. The overwhelming donations being sent by the cryptocurrency community are being used by Ukraine to bolster its defenses and rebuild. Following their users, countless cryptocurrency projects have jumped on-board in support of Ukraine. Projects of all genres and sizes are participating. For example, projects within the Konstellation ecosystem dedicated efforts to raising charitable donations to Ukraine, one of which is Squid Squad OG, the world’s first Rock, Paper, Scissors blockchain-based play-to-earn game. Once the fundraiser concluded, Konstellation Network, a blockchain protocol, matched the donation. Through fundraisers held by its various products, the Konstellation Network donated a total of over $14,000 USD to Ukraine. Though the fundraising round has ended, SSOG NFTs can still be bought. In addition to representing the good that cryptocurrency can do, they act as whitelist passes for the second mint of Squid Squad OG’s popular play-to-earn game, SSOG – a unique title inspired by the hit Netflix special Squid Games. In SSOG, contestants compete for a massive prize pool through high stakes, high rewards games of Rock Paper Scissors. Losers are eliminated, and winners get closer and closer to hitting the jackpot. The final victor wins it all, but only if contestants don’t vote to stop the games early and split the prize pool between themselves. About Konstellation Konstellation is a decentralized cross-chain capital markets protocol built on the Cosmos network. The project is aimed to efficiently connect funds and the various components of the asset management industries with investors. Konstellation’s mission is to become the financial services industry hub for Cosmos and other blockchain ecosystems using strategic inter-operable blockchain communications. The Konstellation network is powered by DARC tokens, which are required for the Konstellation network’s governance and transactions. Powered by features such as cross-chain infrastructure, a simplified interface, high composability, and effortless cross-chain DeFi usability, Konstellation is making headway in achieving its vision.
When fiat money’s music finally stops, the inflationary pressure must go somewhere — and to bitcoin, the hardest asset, it will go.
While current operations will not be ceased, New York continues to show an adversarial stance to bitcoin mining as a whole.