Tag: Making

Making sense of the Bitfinex Bitcoin billions

[ad_1] It’s the Netflix script that wrote itself. A story so outlandish, it’s stunned the crypto community; an industry accustomed to apparent suicides in Spanish jail cells and nonfungible token auctions for dead rappers. The plot involves the United States Department of Justice (DoJ), a crypto exchange with a checkered history, a rapper-cum-Forbes magazine writer, a voucher to buy a new PlayStation, an occasional magician and $4 billion worth of Bitcoin (BTC). The alleged Bitfinex hack money launderers have kept the internet enraptured since the larger-than-life story emerged last week.…

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‘Making a Stronger Impact Artistically’ — An In-Depth Discussion About NFTs With System of a Down’s Serj Tankian – Interview Bitcoin News

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[ad_1] Last month, the lead vocalist of System of a Down, Serj Tankian, hosted an art exhibition with the non-fungible token (NFT) platform and marketplace Curio NFT. The physical and virtual-melded art show was called “Not for Touching” and this week Tankian told Bitcoin.com News that he believes NFT technology has opened new doors for his artistic expression. This week Bitcoin.com News chatted with System of a Down’s (SoaD) lead vocalist, Serj Tankian, about non-fungible token (NFT) tech and how it has given him the ability to express his art…

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Bitcoin Biases Making Ignorance – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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[ad_1] “Real knowledge is to know the extent of one’s ignorance.” – Confucius Previous articles talked about Bitcoin and the cognitive biases that lead to misconceptions about Bitcoin. Backing up a bit, we can look at the knowledge, or ignorance that contributes to these misconceptions. It’s important to understand a bit more about ignorance so that we can understand the differences in some of the ignorant narratives around Bitcoin. Most importantly, we need to understand that some narratives are from a situation of really not knowing, and some narratives are…

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Making Panama Compatible With Bitcoin

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[ad_1] Watch This Episode On YouTube Listen To This Episode: Have you heard about what’s happening in Panama? Hint: It has nothing to do with canals. A new bill has been presented to legalize cryptocurrency and bitcoin, and the latest episode of the “Bitcoin Magazine Podcast” hosted two important figures in this developing story to share everything Bitcoiners need to know. Gabriel Silva, a congressman in Panama standing behind this bill, and Felipe Echandi, an entrepreneur seeking to propel the Panamanian economy forward, joined the show for this fascinating conversation.…

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dYdX exchange releases governance token, making its airdrop worth up to $100K

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[ad_1] Airdrops have been a fan-favorite in the cryptocurrency ecosystem for years because they offer projects a way to reward early adopters and increase token distribution. The latest project to surprise its community of supporters with retroactive rewards for its newly minted token is dYdX, a non-custodial decentralized derivatives exchange that operates on a layer-2 version of the Ethereum (ETH) network. Data from CoinGecko shows that on its first day of trading live in the markets, DYDX is trading at a price of $10.28 at the time of writing after…

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19-Year-Old Bitcoin Miner Making $54K A Year

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[ad_1] Nick Sears, a 19-year-old entrepreneur from Dallesport, Washington, has said no to college and yes to bitcoin when he was 17 years old and helped build a bitcoin mining farm in that town. Now, he earns $54,000 per year. “I don’t think about going to college at all, just pursuing further knowledge in the repairs of the miners,” Sears told CNBC. The 19-year-old lives in a room inside the data center he helped build when he was 17 years old. The hydro-powered facility houses 4,500 ASICs, which generate 80…

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China wants US senators to ‘stop making trouble’ out of digital yuan

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[ad_1] The heat is rising between the United States lawmakers and Chinese officials even before the Olympic flame ignited at the 2022 Beijing Winter Games.  During a press briefing on Tuesday, Chinese Foreign Ministry spokesman Zhao Lijian addressed U.S. senators’ warning letter to the U.S. Olympic and Paralympic Committee regarding the use of digital yuan at the Olympic games next year. Calling for the U.S. politicians to “abide by the spirit stipulated in the Olympic Charter,” Lijian asked them to “stop making sports a political matter and stop making troubles…

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The $500 million bet on ETH 2.0 making waves! June 24-July 1

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[ad_1] Whales can be bashful and clever creatures, but when you manage to catch one in action it’s a sight to behold — consider, for instance, the single entity responsible for depositing 100k ETH into the Eth 2.0 deposit contract from 133 different addresses last week. Deposits into the ETH 2.0 staking contract have been picking up as of late, with 100k ETH pouring into the Eth 2 deposit contract on a single day last week. It caught the attention of the crypto space and, like most stories about on-chain activity,…

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Making DeFi idiot-proof with Kava’s gamer CEO, Brian Kerr – Cointelegraph Magazine

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[ad_1] According to Kava Labs CEO Brian Kerr, the major reason that decentralized finance, or DeFi, has not yet hit the mainstream is that “93% of holders are never gonna touch their own keys.” Kava is a non-Ethereum-based DeFi platform that enables users to earn interest on the cryptocurrencies they hold. The investors Kerr hopes to reach are those who used an on-ramp like Coinbase or Binance to buy cryptocurrencies that are now sitting on the exchange. They are “worried about ‘fat-fingering’ and losing their funds in a transfer, or…

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