Cryptonews

Cryptonews


Bitcoin and Ethereum Keep Trending Lower, APE and GMT Outperform

Posted: 24 Apr 2022 09:34 PM PDT

 
Bitcoin price failed to recover above the USD 40,500 resistance zone and started a fresh decline below USD 40,000. It is currently (04:10 UTC) showing bearish signs near USD 39,250 and might extend losses below the USD 38,800 support zone. BTC is down almost 2% in a day and over 1% in a week....
Read More: Bitcoin and Ethereum Keep Trending Lower, APE and GMT Outperform

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Ripple’s Exec Campaign Has ‘Zero Chance’ of Forcing Bitcoin to Proof-of-Stake, But Brace for More Attacks

Posted: 24 Apr 2022 04:00 AM PDT

 
It has almost become a populist truism that Bitcoin (BTC) is bad for the environment. By using proof-of-work (PoW) as its consensus mechanism, its entire network consumes a prodigious amount of energy, which at the moment is reportedly higher than the annual energy consumption in some countries. ...
Read More: Ripple's Exec Campaign Has 'Zero Chance' of Forcing Bitcoin to Proof-of-Stake, But Brace for More Attacks

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Can You Truly Own Anything in the Metaverse? Blockchains and NFTs Don’t Protect Virtual Property

Posted: 24 Apr 2022 03:00 AM PDT

 
João Marinotti, Associate Professor of Law, the Indiana University.______
In 2021, an investment firm bought 2,000 acres of real estate for about USD 4m. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox. By buying 792 non-fungible tokens on the Ethereum blockchain, the firm then owned the equivalent of 1,200 city blocks. ...
Read More: Can You Truly Own Anything in the Metaverse? Blockchains and NFTs Don't Protect Virtual Property

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5 Projects Enabling Smart Contract Development on Bitcoin

Posted: 23 Apr 2022 04:00 AM PDT

 
Smart contracts were made famous by the Ethereum (ETH) network, which offers Turing-complete smart contracts that enable the development of decentralized products and services. What not everyone may be aware of, however, is that smart contracts also exist on Bitcoin (BTC). 
Read on to learn about Bitcoin smart contracts and the different projects that are pushing smart contract functionalities on top of the Bitcoin network. ...
Read More: 5 Projects Enabling Smart Contract Development on Bitcoin

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Global and Bitcoin Cuts, Ethereum Movie, Busy Binance, NFT Base, and 20 Crypto Jokes

Posted: 23 Apr 2022 03:00 AM PDT

This week global markets have been shaken by the news of a worsening global economic outlook. At the same time, the IMF has issued DeFi governance recommendations, and the FSB once again issued another crypto warning. Moreover, there have been reports about stagnating bitcoin and IMF bond deals in El Salvador, while the United States Treasury sanctioned a Russian Bitcoin miner....
Read More: Global and Bitcoin Cuts, Ethereum Movie, Busy Binance, NFT Base, and 20 Crypto Jokes

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