Peter Schiff a Gold proponent and crypto skeptic has won the debate on whether gold is a superior store of value to Bitcoin. Schiff was going through against Skybridge founder and former politician Anthony Scaramucci in a debate conducted by intelligence squared on Aug 25.
Turkish media states that authorities are investigating an alleged Dogecoin mining scam that left the investors helpless after amassing $119 million worth of deposits. During Aug. 23rd report from local channel TV100 broke the news, with police recognizing an online character known under a pseudonym as ‘Turgut. V” as the scheme’s suspected operator.
The security researcher recently found an imperfection in a Dutch auction smart contract that could have ended up with a loss of 109,000 ETH. The SushiSwap decentralized exchange has slightly ignored turning into the latest DeFi hack thanks to the help from a white hat hacker.
The cryptocurrency market has gone through a long journey in 2021 as many sub-sectors including decentralized finance (DeFi), nonfungible tokens (NFTs), memecoins and layer-two solutions have witnessed their total value locked and token prices increased to new levels.
We're used to interacting with popular digital assistants, such as voice assistants from Apple, Google and Amazon. But how applicable is this in financial settlements with chatbots on social networks? Are users ready to share their bank card details with an unfamiliar robot?
Bitcoin (BTC) rewards company GoStats recently introduced a new cashback rewards card for customers in India mostly giving out a platform for wider mainstream adoption of digital assets in the world’s second-most heavily populated country.
Bitcoin (BTC) is going through a tough challenge from the bears near the $48,000 mark. Based on a report the buy and sell level depicts those sellers on Binance have held their ground at $48,000. PlanB the creator of the stock-to-flow Bitcoin price model says if Bitcoin can close August above $47,000 the year-end “worst-case scenario” with target price of $135,000 doing the part.
During Tuesday the Infrastructure bill was passed in the U.S senate in a 69-30 vote. The bipartisan bill proposes a $1 trillion of funding into transportation and electricity infrastructure projects. The bill also had rules regarding maintaining the crypto assets while widening the reporting needs for brokers who will be asked to state digital asset transactions worth more than $10,000 to the IRS.
The Blockchain industry is growing and turning into more of a fixture in everyday life, the idea of ‘one chain to rule them all’ and the basic theory of blockchain maximalism is turning to fall to the wayside and the focus on interoperability and cross-chain collaboration is coming to the front. One specific project meant to help ecosystem entirely and help in growing the open interest is Gitcoin (GTC) a community of builders, creators and protocols.
During 2009 both genesis of Bitcoin and the United States stock market began an unmatched bull market and it happens to be one which continues to be unaffected till date. But the chances of a failure are just around the corner and recently the chances are getting bit stronger.
The latest filings with the United States Securities and Exchange Commission or SEC state that there are four Wealth management companies which have received shares of Grayscale’s Bitcoin Investment Trust giving more evidence of institutional adoption of digital assets.
Jordan Peterson a famous Canadian psychologist has now turned to using Bitcoin in the latest episode. During August 10. Peterson released a podcast titled “Bitcoin: The future of Money?” which has a panel of Bitcoiners including John Vallis the host of the Bitcoin Rapid-Fire podcast, Bitcoin coder Der Gigi, film creator Richard James and Robert Breedlove, ex-hedge fund manager and host of the “what is Money?”
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