DeFi presents a wealth of opportunity for investors, but there are also risks. Here are three metrics investors use to analyze decentralized finance tokens and their associated protocols. Much to the chagrin of cryptocurrency proponents who call for the immediate…
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Florida governor’s budget proposal wants to let businesses pay fees in crypto
The new budget proposal also involves a blockchain pilot for vehicle registrations. Florida Governor Ron DeSantis has officially proposed the state government to allow businesses to pay state fees with cryptocurrencies like Bitcoin (BTC). The Republican governor announced the idea…
Gamer-hate: Ubisoft’s new NFT project video gets 96% dislike ratio
The top comment on Ubisoft’s YouTube video introducing its NFTs has more likes than the actual video and slams the firm for “milking” money from its customers. French gaming giant Ubisoft Entertainment SA’s new nonfungible token (NFT) project, Quartz, is…
AWS outage hits dYdX, raising concerns over its decentralization
Traders could do nothing but wait on Tuesday when dYdX went down along with Binance.US and Coinbase due to an AWS problem. An Amazon Web Service (AWS) outage on Tuesday forced the decentralized exchange dYdX (DYDX) to halt operations, raising…
Congressperson jokes about a Mongoose Coin… Now it exists
His speech inspired a bunch of mongoose-related tokens, including Mongoose Coin, Son of Mongoose and Baby Mongoose. Representative Brad Sherman joked about how ridiculous a “Mongoose Coin” would be on Wednesday — and by Friday, it had become a reality.…
Blockasset Pushes the Limits of NFTs and Fan Tokens, Empowers Sports
On the 4th of November, one of Times Square’s Countdown screens lit up with artworks depicting five iconic sports heroes, Alexander Ovechkin and Muhammad Ali among them. The ‘LeGENds’ NFT drop was held by Blockasset: a Solana-based sports platform aimed…
Gitcoin Deactivates Grant for Farsi Speaking Communities Due to U.S. Sanctions
Gitcoin, an organization that helps fund open source projects around the Ethereum blockchain, has deactivated a grant due to it being directed to individuals from a sanctioned country. The grant, called “Free Smart Contract Development Course for Farsi Speaking Communities,”…
Bitcoin’s Price Doesn’t Matter: Adoption Does
While many people focus on the price of bitcoin and its volatility, the true metric of success is adoption. Bitcoin: a new and complex technology that almost nobody is able to explain to you. Yet people always talk about bitcoin;…
How Taproot Brings Major Benefits To Bitcoin Hardware Wallets
While we’ve explored Taproot before, here we pay particular attention to how the upgrade will impact hardware wallets. Taproot recently activated on Bitcoin’s mainnet. The inclusion in Bitcoin’s protocol, however, is only the first step in actually reaping the benefits…
Thinking Outside The Box With Upstream’s New Black Box For Home Bitcoin Mining
Upstream Data CEO Steve Barbour joins Bitcoin Magazine for an exclusive interview on their latest mining product, the Black Box. There’s a revolution brewing in Northern Canada on the Alberta-Saskatchewan border where Steve Barbour and Upstream Data are building new…