Step aside, El Salvador, there’s a new Bitcoin-centric destination on the map. As a 32-million-square-foot private island sanctuary in the remote South Pacific, Satoshi Island is a “place for the crypto community to call home.” A combination of honeymoon getaway, Bond-villain hideout and naturalist paradise, there’s one enigmatic exception to Satoshi Island: it’s 100% crypto. Talking to Cointelegraph, the Satoshi Island team of Denys Troyak, James Law, Taras Filatov and Benjamin Nero mentioned that it is: “A true crypto-economy where everything will be paid for in crypto and all ownership…
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Non-crypto natives launch social tokens to engage with community and fans
[ad_1] The COVID-19 pandemic, along with other recent events, have revealed the need for a fully digital economy, giving rise to Metaverse ecosystems, Web3 platforms and the adoption of digital currencies. For example, the Ukrainian government recently reached out to the crypto community on Twitter asking for donations in Bitcoin (BTC), Ether (ETH) and Tether (USDT). Nonfungible tokens, or NFTs, have also gained mainstream adoption as artists and creators across the globe have discovered new forms of monetization with these models. While innovative, these use cases also demonstrate the notion…
Read MoreNew Year’s wishes for the young, ambitious blockchain community – Cointelegraph Magazine
[ad_1] New Year’s Eve is a time not only to reflect on the previous year but also to celebrate the arrival of a new one, full of hopes, promises, goals and challenges. What makes the blockchain community so bright, diligent, insightful and creative? The people who are behind all of the innovations that aim to make our world a better place. We’ve already witnessed the rise of the adoption of decentralized finance, the skyrocketing of nonfungible tokens, the emergence of the creator economy, the first — but rapid — steps…
Read MoreBitmart pledges to reimburse hack victims as crypto community voices support
[ad_1] As regulatory uncertainty continues to plague the global digital asset ecosystem, there are many anti-crypto proponents who continue to harp on the fact that the industry as a whole has a long way to go when it comes to securing itself in a manner that is anywhere comparable to the traditional finance system. Now, with the recent Bitmart hack coming to light, these individuals have been given even more firepower. To recap, on Dec 5, cryptocurrency exchange Bitmart was on the receiving end of a major hack that saw…
Read MoreEth2 devs put out call to community to help test out the Merge
[ad_1] Ethereum (ETH) developers have put out a call to the community to help test the long awaited Merge between the Ethereum Mainnet and the proof-of-stake (PoS) based Beacon Chain. The Merge is a major milestone towards the transition to Eth2 as it will see the Ethereum network become a PoS blockchain, decreasing its energy consumption by 99%. On Nov. 29 Ethereum developer Marius van der Wijden announced a new program to get the community involved in Merge testing that caters to three tiers: non-technical users, developers with limited experience…
Read MoreSat Symbol Initiative Attempts to Get Satoshi Design Widely Adopted by the Bitcoin Community – Bitcoin News
[ad_1] Over the last few days, cryptocurrency advocates have been discussing the Sat Symbol initiative, a goal that aims to get a specifically designed symbol to represent the smallest unit of bitcoin and also get the symbol widely adopted. The Sat Symbol has been promoted by a number of crypto luminaries but others have offered alternative ideas. Initiative Attempts to Tie Symbol to Bitcoin’s Smallest Unit Most people know that Satoshi Nakamoto is the inventor of the Bitcoin protocol, the “purely peer-to-peer version of electronic cash” that was launched on…
Read MoreShapeshift to Dissolve Corporate Model, Platform Airdrops FOX Tokens to Community of Users – Bitcoin News
[ad_1] Founded on July 1, 2014, Shapeshift has been offering global trading of a variety of digital assets for seven years. Following the company’s recent anniversary, it announced Shapeshift is evolving into a community-owned decentralized platform. Shapeshift founder Erik Voorhees explained in a blog post that the firm airdropped FOX tokens to over a million customers in order to “facilitate decentralized governance.” Shapeshift Is Shifting Shapeshift is changing, according to a recent blog post from its founder, and the company’s announcement about an airdrop of the platform’s native FOX tokens…
Read MoreDogecoin Market Cap Nears $100B, Critics Blast ‘Joke Coin,’ Community Abuzz With Rumors of DOGE Whales – Bitcoin News
[ad_1] The infamous meme-based cryptocurrency dogecoin is on the move again just before the upcoming Saturday Night Live episode featuring Elon Musk. While dogecoin is up 81% today a lot of cryptocurrency veterans have been warning newbies about the digital currency that was meant to be a joke. Meanwhile, others believe that dogecoin has a lot of potential, and could be a long-standing competitor in the world of crypto assets. Dogecoin Markets See a Pre-SNL Rise The cryptocurrency that literally began as a joke, dogecoin (DOGE) is nearing a $100…
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