Bitcoin is a technological breakthrough rising as a new global monetary system. This article will offer you some guidelines to understand why it matters. What Is Bitcoin and How Does it Work? Bitcoin is an innovative technology that introduces a new monetary system, based on a peer-to-peer network of users’Continue Reading
While the current system is contributing to increasing inequality, Bitcoin serves to benefit everyone equally and promote fair competition. This is an opinion editorial by Andrew Hetherington, a contributor to Bitcoin Magazine. Since the Nixon Shock of 1971, wealth inequality has soared to levels not seen in over a century.Continue Reading
The Santa Fe Institute has a history of studying complex adaptive systems. Bitcoin has a deep connection to complexity theory and thermodynamic theory. This is an opinion editorial by Spencer Nichols, a contributor at Bitcoin Magazine. (Photograph/Spencer Nichols) “Continuous growth and the consequent ever-increasing acceleration of the pace of life haveContinue Reading
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in these markets,” said Gensler. SEC Chairman Calls for OneContinue Reading
The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started “scamming consumers into purchasing RR/BAYC NFTsContinue Reading
On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer, Mudit Gupta, the Horizon bridge attacker allegedly took controlContinue Reading
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more accessContinue Reading
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate the pilot phase of the project within the next two months. Crypto Rial to Be Different FromContinue Reading
As sanctioned Russia’s fiat currency soars in value against the U.S. dollar, and crypto markets remain unpredictable, economists and crypto enthusiasts continue to puzzle and debate over what the next market move will be. In spite of this, several influential voices remain unperturbed when it comes to the future ofContinue Reading
The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currency “would be necessary in the future to ensure Nigeria is competitive as the world becomes increasingly digital.” CBDCContinue Reading
