Mga Gabay, Kaalaman at Insight sa Crypto

The Number of Countries Banning Crypto has Doubled in Three Years

The total number of jurisdictions with an absolute ban or severe restrictions on crypto has more than doubled over the past three years, and there are few signs that this trend is slowing down.　　Although 2021 was a good year for the cryptocurrency industry in terms of market performance, the number of jurisdictions banning crypto has more than doubled since 2018.　　A report by the Library of Congress (LOC) details the nine jurisdictions that have now applied an absolute ban on crypto and the 42 with an implicit ban. This is up from eight and 15 respectively in 2018 when the report was first published.　　The LOC is the research library for the United States Senate, acting as the national library for the country.　　In the context of the LOC report, an absolute ban means any “transactions with or holding cryptocurrency is a criminal act”, whereas an implicit ban prohibits cryptocurrency exchanges, banks, and other financial institutions from “dealing in cryptocurrencies or offering services to individuals/businesses dealing in cryptocurrencies.”　　The nine new jurisdictions with an absolute ban include Egypt, Iraq, Qatar, Oman, Morocco, Algeria, Tunisia, Bangladesh, and China. Chinas crypto ban received the most attention in 2021.　　The dramatic increase in jurisdictions banning or regulating cryptocurrency

2022-01-04Malalim na Pagsisid

Samsung Uses Blockchain Technology to Address Climate Change

The Galaxy phone producer will lead a tree-establishing drive in Madagascar and track it utilizing appropriated ledger technology.　　Samsung Electronics America reported Monday at the CES Tech Conference in Las Vegas its association with veritree, a blockchain-based climate arrangements stage, to establish 2 million mangrove trees in Madagascar over the course of the following three months. veritree utilizes blockchain technology to deal with the reforestation cycle and confirm each tree that is planted.　　The tree-establishing drive is important for Samsungs tendency put together activity plan with respect to natural supportability, explicitly to catch and sequester carbon dioxide (CO2) from the air. The objective is to reestablish around 200 hectares of land and sequester approximately 1 billion pounds of CO2 north of a 25-year time span.　　Veritree, created by tentree, a practical attire organization that plants 10 trees for each thing of apparel sold, will deal with the coordinated factors. Worked as a bookkeeping framework, veritree endeavors to give more noteworthy straightforwardness of the whole interaction from field-level information assortment, site arranging, tree stock and effect checking. Tree grower use their phones to follow trees that a support has paid to plant, basically making a digital guide of the relating digital trees.　　Samsungs head of

2022-01-04Malalim na Pagsisid

Happy Birthday, Bitcoin! Industry players share a few words

Bitcoins genesis block was mined 13 years ago today!　　To celebrate the Bitcoin networks 13th anniversary, Cointelegraph gathered birthday messages from industry players to mark the occasion. Following a hash rate all-time high, Bitcoin (BTC) has officially reached its adolescent years, and industry experts weigh in on its future.　　Beimnet Abebe, vice president of principal trading at Galaxy Digital:　　“13 years ago, Bitcoin was released. Although its creation garnered little fanfare, drawing the eyes and attention of only a few esoteric coders, its release would prove monumental, enabling anyone, anywhere in the world to access digitally scarce money for the first time and opening the door to protocols that would go on to power the next iteration of the web.”　　Hassan Bassiri, vice president of portfolio management at Arca Funds:　　“BTC is the gateway drug which opened everyoneu201s eyes to how big digital assets can truly be. As the BTC ecosystem grows and it becomes a more productive asset in terms of lend/borrow and yield, we can expect more entrants, research and opportunities with other currencies and blockchains.”　　Laura Vidiella, business development strategist and former vice president of institutional sales at Paradigm:　　“The BTC ecosystem will continue to see increased growth in products and capital in 2022.

2022-01-04Malalim na Pagsisid

Bitcoin Holdings of Public Companies have Surged in 2021

The amount of BTC held by public companies has gained significant market share from that held in spot ETFs since Microstrategys “Bitcoin for Corporations” conference during Feb 2021.　　The quantity of Bitcoin held by private corporations has increased significantly during 2021, building on increases from the previous year.　　In a Jan. 3 tweet, on-chain analyst Willy Woo claimed that public companies holding “significant BTC have gained market share from spot ETFs as a way to access BTC exposure on public equity markets”.　　This has been more noticeable since MicroStrategys “Bitcoin for Corporations” conference on Feb. 3 and 4, 2021. The online seminar aimed to explain the legal considerations for firms seeking to integrate Bitcoin into their businesses and reserves.　　Michael Saylors MicroStrategy is a leading business intelligence firm and is known for being particularly bullish on BTC, owning almost $6 billion in crypto assets.　　On Dec 30, Saylors firm purchased a further 1,914 BTC worth $94 million. The company has gained more than $2.1 billion in profit since its initial BTpurchase in August 2020.　　Woo referenced a chart of BTC holdings inside ETFs and public company treasuries available for public ownership via equity markets, based on crowdsourced corporate treasury data.　　Spot Exchange Traded Funds (ETFs) hold BTC,

2022-01-03Malalim na Pagsisid

Elon Musk: Cryptocurrency Fixes the "Error in Money"

Tesla (NASDAQ: TSLA) CEO Elon Musk has suggested that historical errors characterize the current money system; an aspect cryptocurrencies are attempting to reduce. 　　While appearing on the Lex Fridman podcast, Musk stated that errors result from the government‘s ability to interfere with the money supply through excessive printing, which dilutes the currency’s value. 　　Musk, a crypto proponent, faulted the centralization aspect of money, noting that the government is likely to abuse its rights to determine the money supply. In this line, he insinuated that the decentralized nature of digital currencies might offer a solution. 　　“I think the cryptocurrency thing is an interesting approach to reducing the error in the database that is called money that is contributed by governments diluting the money supply…The government effectively has editing privileges on the money database and they use those editing privileges to make more money whenever they want. This increases the error in the database that is money,” said Musk.　　Furthermore, Musk believes that the current money systems run on old technology that needs an overhaul and cryptocurrencies to offer the perfect alternative to fixing the system. 　　At the same time, the SpaceX founder also noted that the emergence of assets like Bitcoin (BTC)

2022-01-03Malalim na Pagsisid

Eminem Buys Bored Ape Yacht Club Ethereum NFT for $450K

The Grammy award-winning rapper now owns an ape that looks a lot like Eminem.　　The legendary Detroit rapper Eminem has aped in to the Bored Ape Yacht Club (BAYC). 　　He purchased one of the Ethereum-based Apes for 123.45 ETH ($452,000) on Thursday night and has since made the ape his profile picture on Twitter. Meanwhile, he appears to have collected at least 15 NFTs so far on OpenSea under the name Shady_Holdings. 　　Eminem is one of the best-selling musical artists of all time, having sold more than 220 million records worldwide. He‘s also the only rapper to have ever won an Academy Award and a Golden Globe Award for Best Original Song, which he won for “Lose Yourself” in the movie “8 Mile.” He’s also won numerous American Music Awards and 15 Grammy Awards.　　Fellow BAYC member GeeGazza sold the blonde ape to Eminem, announcing today that the sale becoming a reality is “madness” and remarking, “Im living in a simulation.” Eminem has not yet commented publicly on the sale.　　GeeGazza had in fact been hoping to sell this ape to Eminem for months now. Back in November, he said, “I still think Eminem is destined to buy my Bored Ape one day.”

2022-01-03Malalim na Pagsisid

Bitcoin, Ethereum, Solana, Terra, SHIB See Sluggish Start to New Year

Bitcoin, Ethereum, SHIB, and other major coins in the top 10 are starting 2022 in the red—but theyre still up big from this time a year ago.　　Bitcoin has fallen more than 6% over the past seven days, and is down more than 1% in the first day and a half of 2022, according to CoinMarketCap. The largest cryptocurrency by market capitalization is hovering around $47,000 at the time of writing.　　But hey, at this time last year, Bitcoin was at $32,780. 　　Bitcoin hit a festive high two days after Christmas, when it soared to its highest price in three weeks of $52,050. Ethereum experienced a similar trajectory, but failed to clear $4,120. In the days since then, BTC and ETH have both struggled, both down nearly 7% in seven days. 　　But Ethereum is on the up and up in 2022, up 1.5% in the past 24 hours while BTC is down.　　Altcoins fall　　The leading altcoins have also fallen hard over the past seven days: Solana (SOL) and Polygon (MATIC) are both down more than 10%, while Terra (LUNA) is down 9%. The two top meme coins, DOGE and SHIB, are down around 9 and 13%, respectively.　　So what happened？ Considering all of them

2022-01-03Malalim na Pagsisid

Sandbox COO Views the Ethereum Metaverse Game as a 'Digital Nation'

Co-founder Sebastien Borget discusses the recent metaverse land rush, and where The Sandbox goes next after its Alpha test.　　Digital land sales are booming lately following rising interest in crypto games and Facebooks prominent push into the metaverse. But Ethereum-based metaverse games like The Sandbox, Decentraland, and Axie Infinity have been selling virtual plots for years—before metaverse hype picked up steam.　　If spending hundreds or thousands of dollars on digital land parcels still seems far-fetched today, then imagine the gamble when The Sandbox first offered them up in 2019. Early adopters are now seeing the benefits with the games SAND token and LAND NFTs all becoming vastly more valuable of late.　　In an interview with Decrypt, The Sandbox co-founder and COO Sebastien Borget said it‘s validating to see his team’s idea for a community-owned, user-customizable online game world embraced by more people. And while the game isnt fully open to the public just yet, people are buying and selling LAND parcels in anticipation of building upon them.　　“Every day, the map is different. There are new landowners and new communities that come and decide to build things next to each other,” he said. “I feel like its a digital nation—living and breathing. Thats why

2021-12-30Malalim na Pagsisid

Robinhood Crypto Wallet Beta to Launch in January

The beta program for the crypto wallet will begin in the coming weeks.　　Robinhood, a popular crypto and stock trading app, is closer to introducing its cryptocurrency wallet with an upcoming beta program.　　Beta Phase Will Begin in January　　Robinhood is preparing to launch the beta version of its cryptocurrency wallet next month.　　The company revealed in a blog post on Wednesday that the alpha testing phase of its wallet app is now complete. During that phase, the company “sought feedback from a tight-knit group of customers” who gave feedback on design and functionality.　　Next, the Robinhood will open its beta testing program to thousands of waitlisted users. Its cryptocurrency COO, Christine Hall Brown, has suggested that the feature will be made available to “tens of thousands of customers.”　　In its announcement, Robinhood revealed some features that those users asked for, such as educational content, multiple wallets for different crypto assets, and security features.　　Notably, Robinhood intends to clarify transaction fees by distinguishing its own zero-commission services from blockchain fees. “Alpha testers want[ed] that information at the time of transfer in a simple and understandable way,” it explained.　　Robinhood is primarily a stock trading app. It initially allowed users to invest in Bitcoin and other cryptocurrencies in 2018.　　However,

2021-12-30Malalim na Pagsisid

Arcane Research Releases its Crypto Predictions for 2022

The research firm made numerous predictions about crypto in 2022 about the price, regulations, Bitcoins hash rate, and even the fate of XRP and ADA.　　Blockchain data research firm Arcane Research has taken a look at the year that was in its final report for 2021 and offered its predictions for crypto markets going into 2022.　　Arcanes Tuesday “The Weekly Update” report focuses on Bitcoin (BTC) and Ether (ETH) but delves into other major coins, decentralized finance (DeFi), memecoins, nonfungible tokens (NFT), derivatives and others. Arcane offered a prediction for what would happen in 2022 on every topic covered in the report.　　“Bitcoin will outperform the S Fantom is up 13,549%.　　Traditional gaming companies will increasingly add NFTs　　This year in crypto can be defined in no small part by the massive sales of NFTs, and blockchain games like Splinterlands and Alien Worlds have around 526,000 daily active users, according to DappRadar. Arcane predicts that in 2022, traditional gaming brands will branch into the NFT space and capitalize on the burgeoning market.　　Even more crypto companies will go public, and several will have valuations above $5B　　This year saw Coinbase go public on April 14, and it currently has a market cap of $72 billion. The five

2021-12-30Malalim na Pagsisid

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