Bitcoin, Ethereum Rebound Sharply Right after Another Crash whilst El Salvador Misses ‘the F***ing Bottom’
Bitcoin Ethereum

Bitcoin, Ethereum Rebound Sharply Right after Another Crash whilst El Salvador Misses ‘the F***ing Bottom’

Source: Adobe/Rawpixel.comThe crypto market saw another sharp correction on Saturday morning (UTC time), followed by a strong rebound, while over USD 2.5bn in derivatives trading positions were liquidated in the past 24 hours. El Salvador “bought the dip” once again.At the time of writing (08:43 UTC), all top 100 cryptoassets by market capitalization are still…

Saxo Bank’s ‘Outrageous Prediction’ on NFT-Based Systems Disrupting Spotify
'Outrageous Banks

Saxo Bank’s ‘Outrageous Prediction’ on NFT-Based Systems Disrupting Spotify

Source: AdobeStock / Kaspars GrinvaldsDenmark’s Saxo Bank has released a set of 10 “outrageous predictions” for next year, among others forecasting that digital rights platforms based on non fungible tokens (NFTs) have the potential to disrupt Spotify’s robust position in the global music distribution industry.The bank explains in a statement that its predictions focus on…

Bitcoin and Ethereum In . Higher, Altcoins Get Momentum
Bitcoin Ethereum

Bitcoin and Ethereum In . Higher, Altcoins Get Momentum

Bitcoin price is playing with USD 57,000.Ethereum is testing USD 4,600, XRP is still below USD 1.0.LUNA, XLM, and ATOM are up 9%-18%.Bitcoin price remained well bid above the USD 55,000 level. BTC started a fresh increase and traded above the USD 57,000 level before correcting lower. It is currently (11:54 UTC) rising and it…

How Bitcoin Creates Our New Fact
Bitcoin Creates

How Bitcoin Creates Our New Fact

“Time is money,Money is time,But how are we printing money if we can’t print time?”You and I work for money. Money is meant to reflect the value of our time and energy, which becomes more scarce and valuable as we age. However, our money buys us less and less every day, which means money becomes…

How Bitcoin Has Features Of Veblen Goods
Bitcoin Characteristics

How Bitcoin Has Features Of Veblen Goods

Watch “Bitcoin Is A Veblen Good” On YouTube. For most products and services, there is an inverse relationship between price and demand. That is, when the price goes up, demand goes down. However, for Veblen goods, there is a direct relationship between price and demand. When the price goes up, demand for that product goes up…

The Coercion Of Ethereum’s Difficulty Bomb
Coercion Ethereum's

The Coercion Of Ethereum’s Difficulty Bomb

Can open-source blockchains be coercive? In a recent debate between Erik Vorhees and Alex Gladstein, Vorhees asserted that “there is nothing in Ethereum that is based on coercion, period.” Vorhees went on to clarify:“I have a pretty high standard of coercion. It’s basically like physical violence or the threat of physical violence, or theft or…

Discussing Federated Chaumian Mints On Lightning
Discussing Federated

Discussing Federated Chaumian Mints On Lightning

Watch This Episode on YouTubeListen To This Episode:SpotifyAppleGoogleLibsyn Overcast[0:07] P: Really looking forward to this one. Yeah. This is obviously Bitcoin Magazine Twitter Spaces. We do these multiple times a week, but today, we’re going to be talking about the Lightning Network and federated chamian mints and what they mean, what they are, why they’re…

Discussing Fighting For Freedom With Andrew Bogut
Discussing fighting

Discussing Fighting For Freedom With Andrew Bogut

Watch This Episode on YouTubeListen To This Episode:SpotifyAppleGoogleLibsyn Overcast[0:07] CK: Andrew, welcome to your first Twitter Spaces. Thanks for hustling to figure it out. Really excited and honored to have you talking with us. [0:16] Andrew Bogut: Yeah, appreciate it. Thanks for having me. [0:18] CK: So, I guess really quick, why don’t we just start…

ECDSA-based oracles in Bitcoin: An alternative solution to Rabin signatures-dependent oracles
ECDSA-based oracles

ECDSA-based oracles in Bitcoin: An alternative solution to Rabin signatures-dependent oracles

Home » Tech » ECDSA-based oracles on Bitcoin: An alternative to Rabin signatures-based oracles This post was first published on Medium. We develop an efficient algorithm to verify arbitrary data signed by a certain party in Bitcoin smart contracts. Compared to previous signature algorithm based on Rabin signatures, it is based on ECDSA and thus reuses native Bitcoin keys…

Tanzania central bank really wants to develop own digital currency
central Tanzania

Tanzania central bank really wants to develop own digital currency

The Bank of Tanzania is looking at the feasibility of developing the country’s own central bank digital currency (CBDC). At a recent finance conference in Tanzania’s capital of Dodoma, central bank Governor Florens Luoga confirmed that the central bank is planning to expand its CBDC research and development team capacity. “To ensure that our country is not…