Bitcoin and Crypto News

Daily expert insights on cryptocurrencies, blockchain, NFTs and more

Do Kwon is still at large and is facing yet another law suit

Oct 31, 2022

Terra Labs started with big dreams and high hopes for decentralized finance and the way the world would issue and interact stablecoins in the future. After UST collapsed in May a terrible contagion effect brought down many players in the crypto industry. First and foremost, CeFi lenders like Celsius, BlockFi or Voyager. Now that the dust is settled the aftermath of Terra is not looking pretty either and the former founder and CEO Do Kwon is still at large. The general attorney in South Korea wants to have a word with him and even investors are searching for his whereabouts internationally. What is the latest turn of events in Do Kwons case and how could this affect him in the future?

How Twitters blue checkmark could drive Dogecoins mass adoption

Oct 31, 2022

Elon Musk has taken over Twitter and while we are only four days in after he took over, popcorn is already becoming the ultimately scarce resource on planet earth. He started by firing three executives including the CEO who managed to corner him and basically forced him to honor his initial offer for Twitter. Now Elon Musk is reversing “woke speech” and replacing it with free speech. Some fear that this could have a negative impact on democracy while others believe that even toxic or outright hateful opinions should be allowed on the social media platform. What are Elon’s plans for Twitter, and how could a subscription model contribute to Dogecoins mass adoption?

Bitcoin pubescent: five ways in which it has challenged authority

Oct 31, 2022

Is it a coincidence that Satoshi Nakamoto released the Bitcoin Whitepaper on Halloween? Regardless, since that 31st of October in 2009, Bitcoin has been a ghost haunting and taunting the traditional financial system ever since. Let's look at five ways in which it has done so.

Will Hong Kong’s crypto regulation start another bull market?

Oct 28, 2022

China banned mining in May 2021 and crypto trading is also a complicated matter. For a long time trading was tolerated, but most exchanges were forced to quit their operations in China. With a total ban in effect many people feared that China would never come back again. Yesterday, a report from Bloomberg suggested that this could change in the near future. What reason do we have to believe that Hong Kong will divert from the mainland’s regulatory approach and could this initiate a new bull market?

Floki launches long-anticipated FlokiFi locker

Oct 28, 2022

Many Floki fans (or: Floki Vikings) are cheering now that the FlokiFi locker was launched on their mainnet yesterday. Floki is working hard to shake off their memecoin reputation and has been focusing on creating more utility.

Fidelity: 74% of institutions want to invest in crypto

Oct 28, 2022

Bear market or not, institutional interest in crypto continues growing. According to research from financial services behemoth Fidelity, 74% of surveyed institutions said they plan on buying digital assets in the future.

Google Cloud provides infrastructure for Ethereum

Oct 28, 2022

Google is looking into blockchain technology for quite some time. Most crypto enthusiasts associate Google with Hedera Hashgraph, but this is not the only field in which Google is active. Yesterday, the company announced the start of a service that is targeting blockchain developers and that could largely contribute to the future of blockchain technology. There are not a lot of infrastructure providers and therefore this is big news for the tech industry and blockchain-related projects.  What is Google offering and why could this service become important in the future?

Bitcoin Miner Core Scientific close to bankruptcy

Oct 28, 2022

How would you feel if your Bitcoin stash plummeted from thousands to a measly 24 within half a year? Probably the same way American Bitcoin miner Core Scientific is feeling now: issuing a bankruptcy warning. Bitcoin mining is a cutthroat business.

Let that sink in: Dogecoin is pumping because Musk is about to close his Twitter deal

Oct 27, 2022

Elon Musk and Twitter is not exactly a love story. The billionaire needs to finalize the deal until tomorrow, or otherwise he will have to meet Twitter and its shareholders in court. First it seemed that Musk would take them head on and fight, but after a few weeks it became more likely that he would close the deal. The reason behind this feud is the result of Musk’s due diligence. He believes that Twitter is way more stricken with bots than the company is willing to admit. Why has this anything to do with Dogecoin and will Musk finally settle the deal by tomorrow?

Chinese spies got tracked using Bitcoin

Oct 26, 2022

Many people still believe that Bitcoin transactions are anonymous and that nobody can intrude on your privacy and tell to whom you sent BTC or from where you are receiving the equivalent of digital cash. That is not correct. Bitcoins blockchain is a public and very transparent ledger that can be audited by anybody at any time. Bitcoins transparency is not a bug, but a feature! Because of this nature hiding behind Bitcoin isn’t exactly a sound idea. This has been proven time and time again, but for some reason, all the villains out there won’t listen. Who are the alleged Chinese spies and why did they choose to pay with Bitcoin?

MATIC to a dollar? Bullish news from Reddit

Oct 26, 2022

The price of MATIC has been doing well lately. There is also fundamental news that makes analysts optimistic about Matic in the coming bull market. Its partnership with Reddit is a case in point.

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