“I’m not in crypto to make a fast buck, but I’ll take the bonus,” said Simon Byrne. Crypto enthusiast Simon Byrne has taken crypto mining out of the garage and onto the road after installing a small farm in the trunk of his car. According to a report from Hardware Continue Reading
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$45B DeFi market cap and soaring TVL suggest the best is yet to come
The decentralized finance market cap has reached $45 billion as the total value locked in DeFi continues to rise to new highs. The decentralized finance sector continues to charge full steam ahead as multiple tokens notch new all-time highs and the total value locked in DeFi protocols grows with the Continue Reading
Interview: Quick Hits On Bitcoin In Asia With Molly Of HashKey Hub
Listen To This Episode: Apple Spotify Google Libsyn On this episode of Bitcoin Magazine’s “Bitcoin In Asia,” Molly joins host John Riggins for a quick-hitting conversation about Bitcoin adoption in Asia to kick off 2021. Molly is head of marketing at HashKey Hub. She was also Bitcoin Magazine’s first employee Continue Reading
It’s time to put the dukes down and work together for blockchain’s future
Blockchain’s further success is contingent on the establishment of a strong free market and positive competition. Humans over the centuries found themselves quarreling with each other over everything from food to land to ideology, only to later find themselves at peace and cooperating. Later, once more, they’d return to draw Continue Reading
Hut 8 Partners With Foundry Digital To Secure 475 PH/s In Bitcoin Mining Capacity
Hut 8 Mining Corp. has announced a partnership with financial services firm Foundry Digital to secure $11.8 million in financing, which it will put toward 5,400 new MicroBT Whatsminer M30S mining rigs, adding 475 petahashes per second (PH/s) to its mining capacity over the next six months. The financing is Continue Reading
21 Bitcoin Block Rewards from 2010 Wake Up, $236M Worth of ‘Satoshi Era’ BTC Spent in 10 Months
On Monday, January 25, 2021, at roughly 2 a.m. (EST), the notorious old school miner from 2010 has spent another consecutive 21 decade-old block rewards with 1,050 bitcoin. This is possibly the same mining entity our newsdesk has been tracking for months. The bitcoin from 2010 moved today follows the Continue Reading
All risk, no gain? The vague definition of stablecoins is causing problems
It is a sign of our industry’s youth that we routinely fail to provide a coherent descriptive definition of a stablecoin. Sometimes, “stablecoins” and variants such as “algorithmic stablecoins” function like historical names, as they refer to projects that call themselves stablecoins, such as Basis Cash, Elastic Set Dollar, Frax Continue Reading
Price analysis 1/25: BTC, ETH, DOT, XRP, ADA, LINK, LTC, BCH, BNB, XLM
Altcoins continue to trend higher, but Bitcoin price needs to turn $35,000 to support in order for the entire market to gain momentum. After the recent correction, Bitcoin (BTC) will need aggressive inflows to absorb the possible selling from the short-term traders and momentum players as the price nears $40,000. Continue Reading
Grayscale Gifts $1 Million To Coin Center, Will Match Up To $1 Million More In February
Today, crypto research and advocacy group Coin Center received a $1 million donation from Grayscale Investments, as well as a commitment to match any donations made in February up to an additional $1 million. This donation is the second of its kind, which was first pioneered by Kraken back in Continue Reading
Reserve Bank of India ‘exploring the possibility’ of a digital currency
The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto. Less than a year after the Indian supreme court overturned the Reserve Bank of India’s ban on crypto businesses, and the bank’s position on digital assets is looking slightly more bullish. According Continue Reading
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