Category: Cryptocurrency
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Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital…
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OKCoin To Integrate Lightning Network
Cryptocurrency exchange OKCoin has announced that it will be integrating Bitcoin’s Lightning Network to enable faster and cheaper transfers for users by running a Lightning node that can route transactions to other nodes in the network. It expects the integration to be complete in three to four weeks. In a release shared with Bitcoin Magazine,…
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Rick and Morty Creator Sells NFT Art Collection for Over $1 Million in Ether
Justin Roiland, the co-creator of the Adult Swim cartoon series Rick and Morty has joined the growing trend of celebrity artists creating non-fungible token (NFT) artwork. After the animator released the collection called “The Best I Could Do” on the NFT auction house Nifty Gateway, the artwork sold for over $1 million in ether. Justin…
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Interview: How To Store Your Bitcoin
Listen To This Episode: Apple Spotify Google Libsyn Overcast This week for the “Bitcoin Magazine Podcast,” Christian Keroles sat down with long-time Bitcoiner and builder Douglas Bakkum. Bakkum is the CEO and cofounder of hardware wallet manufacturer Shift Crypto. He and his team have been working hard from very early on to create a hardware…
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Interview: Making Bitcoin Accessible For Everyone With Randy McMillian
For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by Randy McMillian (@RandyMcMillan), a fellow pleb that I met on “Bitcoin Kindergarten” who has been sharing some good knowledge and wisdom on that show lately. In this episode, we discussed certain interesting topics in Bitcoin that McMillan is most fond of,…
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What Does The Digital Yuan Mean For Bitcoin?
The Chinese government hasn’t been too kind to cryptocurrencies in the past years. First, initial coin offerings (ICO) were banned in China in September 2017. Then, following the crackdown on ICOs, exchange platforms that traded cryptocurrencies or provided facilitation services were also ordered to be closed. This made the task of purchasing bitcoin almost impossible…
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The Great Migration: As Speech Is Censored, Bitcoin Finds Mastodon
Sources: Twitter and bitcoinhackers.org Well, it finally happened. With a week or so remaining in Donald Trump’s four-year term in office as the 45th President of the United States of America, Twitter permanently suspended his account. After close review of recent Tweets from the @realDonaldTrump account and the context around them we have permanently suspended…
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Bitcoiners Run Hardware
The internet, which is the network we currently use for our Bitcoin needs, was supposed to be decentralized, verifiable and private. But after decades of choosing comfort, ease and speed, the internet today is actually quite centralized, with millions of websites and services’ information stored in a few data centers, all of them served by…
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Bitcoin Following Another Government Letdown
Listen To This Episode: Apple Spotify Google Libsyn Overcast Do not forget to subscribe to the new Fed Watch: Bitcoin And Macro feed. It will be separate from Bitcoin Magazine. Exclusively on the new feed, you’ll find our next interview with the great Max Kaiser. Search for “Fed Watch – Bitcoin and Macro” on your…
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A Hitchhiker’s Guide To Bitcoin Mining In North America
Like a hitchhiker taking to the American highways for the first time, anyone hoping to get a clear picture of the universe of bitcoin mining today might be perplexed at the seeming opaqueness, yet sheer size of the North American mining ecosystem. As a miner recently advised new entrants into the space on Twitter: New…