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“# Crypto’s dark underbelly exposed in ransomware attack, U.S. senator says ” United States lawmakers have deliberated on the prospect of banning cryptocurrencies as a solution to the ransomware attacks that befell U.S. institutions in the past month, and opinions appear to be mixed. The largest fuel pipeline in America was brought to a halt…
“# Lawmakers should treat crypto like gold or real estate: Indian tech magnate ” Indian technology mogul, Nandan Nilekani, has urged local lawmakers to allow citizens to speculate on crypto assets. The co-founder and chair of Infosys, an Indian multinational information technology firm, has urged regulators to embrace digital assets and get a handle on…
“# Green Bitcoin: The impact and importance of energy use for PoW ” While writing the world’s most famous white paper, Satoshi Nakamoto defined the Bitcoin (BTC) mining process. It was established that the minting of new coins would take place through proof-of-work. To carry out this verification and to be able to mine the…
“# Hybrid smart contracts will replace the legal system ” The era of unintelligible contracts written in legalese by lawyers in $2,000 suits with degrees from Ivy League schools is over. The contracts of the next century will be hybrid smart contracts, written in code by programmers wearing $20 hoodies and living in their NYC-shared…
“# The rise of NFTs must be accompanied by further decentralization ” The rise of the nonfungible token (NFT) has been a sight to behold, with the market seemingly garnering an increased amount of mainstream traction with each passing day. To put things into perspective as to how big this space has actually become, conservative…
“# Forecasting Bitcoin price using quantitative models, Part 3 ” This is Part Three of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value of scarcity, Part Two — the market moves in bubbles, Part Three — the rate of adoption,…
“# Growing pains? DeFi exploits plunder BSC, which calls for reinforcements ” Several decentralized finance (DeFi) protocols running on Binance Smart Chain (BSC) have fallen victim to major exploits in recent months as the sector continues to see substantial growth in 2021. Binance’s very own smart contract blockchain platform has seen a surge in demand…
“# Bitcoin 2021 Miami continues with Tony Hawk, Kevin O’Leary and more ” Bitcoin 2021 Miami continues following Friday’s massive opening of the historic event. The events kick off at 9:00 am Eastern Time (1:00 pm UTC) with opening remarks by a Miami-Dade County commissioner. Cointelegraph will continue posting Bitcoin 2021 updates on Twitter as well as…
“# Social applications are the next big trend in crypto ” Last week’s tumultuous 30% crypto market dip and subsequent quick recovery left many wondering what comes next. Crypto circles aside, the conversation around the importance of building solid, broadly usable applications is louder than ever. Crypto will cease to be perceived as a casino…
“#One of the brightest explosions ever recorded occurs in Earth’s ‘cosmic backyard’” An international team of scientists used the High Energy Stereoscopic System in Namibia to get the best observation yet of one of the brightest gamma-ray bursts ever recorded. The stellar explosion, dubbed GRB 190829A, happened just 1 billion lightyears away in the constellation of Eridanus, which may…