Litecoin (LTC), the seventh-largest cryptocurrency by market cap, can now be withdrawn in Korean Won (KRW) at over 13,000
F1 blockchain game players are now able to purchase a collection of cars, parts, drivers and racing gear with the ERC-721 non-fungible tokens (NFT).
Coinbase Wallet has added two new functionalities to its app that allow users to send crypto using short human-friendly addresses instead of traditional long addresses.
Staking and masternodes are similar in many ways. Staking is walking on a similar path that masternodes took in 2017. Back then, masternodes were trusted by many crypto enthusiasts as insurance against losses. Many viewed them as altcoins to protect against excessive price volatility. Now, staking is reaching similar ‘obsession’ levels and is being viewed skeptically. Recently, the chief executive officer of Binance, Changpeng Zhao, expressed his views in a tweet where he claimed that the world is repeating the masternodes saga. The stark comparison of staking and masternodes was made in response to the cryptocurrency exchange launching the Algorand
Justin Sun posts wallet addresses belonging to Warren Buffett to prove that he still owns BTC and TRX
Shopify is the newest member of Facebook’s Libra Association. In a press release, Shopify said it is all part of the company’s mission, it said “We spend a lot of our time thinking about how to make commerce better in parts of the world where money and banking could be far better.” Yahoo Finance’s Dan Roberts breaks down the details about this and the overall state of cryptocurrency.
YouTube conducted another crypto purge, penalizing a handful of prominent creators—including IvanOnTech and others.
JP Morgan Perspectives, the annual financial report from the financial giant, has claimed that blockchain is on the rise, but its mainstream adoption is still many years away. The report mentions the viability of cryptocurrencies in today’s financial environment and also their probable case uses, including the upcoming Facebook Libra project. The blockchain use is steadily rising as more institutions, and financial bigwigs are exploring its use in their ecosystem. Still, it is far from being called mainstream. The report further sees that distributed ledger technology (DLT) will, in the future, transform the business models of traditional banks offering more
The fourth-wealthiest person in the world doesn’t think cryptocurrencies have anything to offer.
Titled “Frinkcoin,” the show listed on Fox on Feb. 24 features “TV’s most beloved scientist” and “The Big Bang Theory” star Jim Parsons as he appears on-screen to talk about “the really cool subject of distributed consensus-based cryptocurrency.”
“For cryptocurrencies to work, we need a record of every transaction that occurs. These are recorded in what’s called a distributed ledger,” Parsons (who’s definitely “not a nerd”) says.
Enter an animated ledger book that sings, in a slow blues style, a good portion of the tutorial:
“I’m a consensus of shared and synchronized digital dataspread across multiple platforms from Shanghai to Grenada.Each day I’m closer to being cash of the future.Not in your wallet, I’m in your computer.”
“When you use the currency, the transaction is recorded in the ledger,” Parsons continues, “and when one ledger book gets filled up, we add to a chain of previous books – that’s the blockchain.”
According to a press release, Parsons voiced himself for the episode, which features Professor Frink as the subject of a Lisa Simpson school essay, creating his own “Frinkcoin” cryptocurrency. Ultimately, he surpasses Mr. Burns as richest man in Springfield.
The snippet also takes a dig at the crypto space with a concluding text that raises the environmental cost of cryptocurrency production and ends with a statement referring to the mysterious inventor of bitcoin: “Also, we know who Satoshi is, but we’re not telling.”
Simpsons Bitcoin segment featured in the 31st season of the series episode 18. In a short section, it showed a Simpsonified Jim Parsons,” explaining crypto.”
Reddit crypto manipulation and speculation is now being widely acknowledged as a market-moving force. Reddit forums are teeming with users who drive Bitcoin prices and crypto price manipulations as well. A CNBC report cautions that subreddit forums are increasingly part of BTC price jumps and abrupt speculative activities. Users throng to popular Reddit forums and threads to gain more information on the latest news and insights. The feed provides crucial information that makes or breaks the market helping traders make quick moves. However, it is not easy to sniff out the right information as the forums are also populated with