Bison Trails, a blockchain infrastructure platform-as-a-service (PaaS) company, has launched a new ‘query and transact’ service for Solana (SOL) developers. The Solana blockchain, touted as a potential challenger to Ethereum (ETH), already has 250 projects being built on it since its launch in March last year. The platform provides a way to build decentralized applications (dApps) in a way that…
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Another day, another dollar… or $12 million of them! That’s right, somebody paid $12 million for a diamond at yesterday’s Sotheby’s Auction, which wouldn’t usually be very newsworthy except that they paid for it in cryptocurrency. The event marks the first time that Sotheby’s has accepted cryptocurrency for the sale of a physical item (they have sold NFT’s before), and…
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A new startup boasting backing by major digital exchange Coinbase hopes to distribute cryptocurrency to people around the world in a very unconventional way – by scanning their eyeballs. Worldcoin (not to be confused with existing crypto project worldcoin.global) has developed a spherical device that can uniquely identify a person by scanning their iris. The device can then send cryptocurrency…
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Fresh reports of a crackdown on Bitcoin mining by the Chinese government have spread another wave of fear throughout the crypto community, resulting in a plummeting BTC price and hashrate. However, with accurate reporting in China heavily restricted and news largely unverified, we are once again left wondering: what’s really going on? According to reports, large numbers of crypto mining…
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The world’s leading cryptocurrency, Bitcoin (BTC), has taken its first step towards becoming a globally accepted currency. In a surprise announcement made at last weekend’s Bitcoin Conference in Miami, the President Nayib Bukele of El Salvador revealed his plans to make Bitcoin legal tender in the struggling Central American nation. When a collapsing economy forced El Salvador to adopt the…
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Bitcoin (BTC) looks set to post its worst monthly losses in over a decade after the crypto market crashed earlier this month to the tune of $1 billion. After tapping out at $65,000 in mid-April, Bitcoin began a gradual decline to current levels around $34,000, spurred on by negative comments from Elon Musk and a potential mining ban in China.…
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The Internet Computer (ICP) is a new cryptocurrency project that has seemingly appeared out of nowhere and entered the top 10 coins by market cap. However, this is no fly-by-night project that’s taking advantage of a market dip – ICP is backed by some impressive investors and promises to revolutionize the internet as we know it. Founded by Dominic Williams…
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As the cryptocurrency sector continues its slow slide into a level of stupidity reminiscent of the 2017 ICO boom, Ethereum has become practically unusable due to the network being over-run by idiotic meme-coins. These seemingly endless attempts to try copy the Musk-fuelled mania surrounding Dogecoin has forced Ethereum gas fees to new record highs well above 400 gwei. New Dogecoin…
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Coinbase users in the U.S. can now buy Bitcoin and other cryptocurrencies easier than ever via a PayPal integration. In an announcement posted on its official blog earlier today, Coinbase details how its U.S users can top up their crypto holdings directly from their PayPal accounts. The added feature means users will no longer need to enter their bank or…
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You may remember a few weeks ago when Saturday Night Live (SNL) did a skit using an Eminem-style parody to explain Non-fungible Tokens (NFTs)? The hilarious video involved comedians Pete Davidson and Chris Redd rapping alternative lyrics over Eminem’s 2002 hit “Without Me.” The rapper himself responded to the video with a chin-scratch emoji, seemingly indicating he didn’t understand the…
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