Looking for "Blockchain"

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tinam • Jan 21, 2022, 7:55 am EST

Green Energy And What Congress Learned About Crypto

Congress is once again behind the curve when it comes to the green energy efforts of Bitcoin and the cryptocurrency industry. The Subcommittee on Oversight and Investigations of the Committee on Energy and Commerce finally held a hearing about the impact Bitcoin mining has on our energy resources. The thing is, Bitcoin mining operations have solved its energy usage issues. Still, big brother at least had to attempt to appear on top of the matter. A hybrid hearing of both in-person and remote speakers on Thursday, January 20, 2022, at 10:30 am in the John D. Dingell Room, 2123 of

4 minutes

tinam • Jan 19, 2022, 9:59 am EST

Low Energy Mining To Be Unveiled By Intel Next Month

The mega amount of energy mining requires has been the bane of environmentalists for years. Concerned about the earth, they have called for Bitcoin miners to find other ways to solve their problems. But then, along comes Intel, and they are entering huge with yet another solution that should put a smile on everyone’s face. At the International Solid-State Circuits Conference (ISSCC) at the San Francisco Marriott Marquis in February, Intel is slated to unveil something extraordinary. So, It appears they have created a circuit that can save energy in mining. And we’re not talking just about a little bit

2 minutes

tinam • Jan 10, 2022, 9:55 am EST

Investors Are Highly Motivated To Create Blockchain Islands

What do you imagine when you think of an island out of reach of any centralized government? What if that same island you imagine relies purely on digital currency? Innovative investors have been trying to make this figment a reality. The best part is, it’s happening! A good bit of planning goes into building an entire island so that it has all the resources you’ve come to need and expect. But, more than that, investors want these islands to be lovely tropical paradises with so much more to offer than just what people need. But, they are aware that it takes much

3 minutes

tinam • Nov 15, 2021, 4:40 pm EST

Taproot, The Long-Awaited Bitcoin Upgrade Is Finally Here

Taproot has finally been implemented even though it has been in talks for years. The Bitcoin upgrade will bring a higher level of transaction privacy, leading to smart contracts. So what does this mean for BTC? Well, Taproot will do away with the need for intermediaries in transactions, a move that will bring greater efficiency and drive down costs. The last major Bitcoin upgrade focused on separating transaction signatures to increase the block size limit on a blockchain, implemented four years ago. SegWit, or Segregated Witness, freed up space to add more transactions to the blockchain. But Taproot has been

3 minutes

tinam • Oct 20, 2021, 4:33 pm EDT

Everything You Should Know Before Investing in Bitcoin

Whether you’re one of the 70% of Americans struggling financially or you’re loaded, you’re likely looking for new investments that will make you cold, hard cash. But have you considered making money less tangibly? Investing in Bitcoin is a fantastic way to put some money into your (virtual) pocket. As a result, it’s valued highly as the most common cryptocurrency on the market. Moreover, the price of Bitcoin is increasing day by day, making cash-for-crypto exchanges a surefire way to make more money over time. Here, we will talk about the basics of Bitcoin, why it’s a worthwhile investment, and how you

13 minutes

tinam • Apr 15, 2021, 12:28 am EDT

Keeping Your Crypto Safe From Fakes, Frauds, & Scams

Did you hear the news? Bitcoin has surpassed its highest historical levels, seeing over $64,000 in value in recent months. Now sitting comfy at around 40k, the crypto community is anticipating even more growth in the upcoming months. More and more people are beginning to believe in Bitcoin as a safe and secure currency in 2021. As with anything else, with growing interest and expansion, comes more people involved and as a result, higher risks. This should come as no surprise to most, and certainly be of much concern. Why? Well, because we are going to give you the low-down

6 minutes

johnd • May 13, 2020, 1:06 pm EDT

JPMorgan Bank Takes on Coinbase, Gemini as Its First Crypto Exchange Customers

Its CEO once called bitcoin a fraud but now U.S. banking giant JPMorgan Chase has added its first cryptocurrency exchange customers, CoinDesk has confirmed. Sources told The Wall Street Journal Tuesday the bank signed two popular regulated exchanges – Coinbase and Gemini, the latter founded by Tyler and Cameron Winklevoss. The fact that both exchanges are regulated in the U.S. was apparently a factor in the approvals, which still took a lengthy period of vetting, the WSJ said. Accounts for the two crypto firms were approved last month, the sources said, and are now in use. The move by JPMorgan is notable in a

3 minutes

johnd • Feb 27, 2019, 9:55 pm EST

Apple Co-Founder Steve Wozniak on Bitcoin: ‘We’ve Seen Massive Value Creation’

Apple co-founder Steve Wozniak declared that he thinks “we’ve seen massive value creation” when asked about Bitcoin’s (BTC) potential in an interview with Bloomberg published on Feb. 26. When Bloomberg asked Wozniak if he still expects Bitcoin to become the world’s currency in the future — an idea he expressed in June last year — after “we’ve seen massive value destruction in Bitcoin,” the entrepreneur countered: “I’m not sure I can buy that we’ve seen massive value destruction, I think we’ve seen massive value creation.” Apple’s co-founder then argued that oftentimes psychology drives market dips, with fear in part determining price. Wozniak clarified that he was not

1 minute

johnd • Feb 21, 2019, 10:03 pm EST

Nasdaq Begins Listing Brave New Coin’s Bitcoin and Ethereum Price Indices

Nasdaq had begun live listings of two cryptocurrency price indices from United States blockchainand crypto market data company Brave New Coin (BNC), the latter confirmed in a post on Feb. 26. Originally announced earlier this month, the integration of BNC’s Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX) will open up new data for clients using Nasdaq’s Global Index Data Service (GIDS). The move comes ahead of BNC’s plans to launch a separate index tracking the price of Ripple (XRP). The token launched on U.S. cryptocurrency exchange Coinbase Pro Tuesday, but it remains unknown whether Nasdaq will host the index, which is in the final stages of development. “The LX [Liquid Index] program was born out of a

1 minute

johnd • Nov 12, 2018, 1:52 am EST

Blockchain Technology Meets Commercial Real Estate & It’s Great!

The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is welcoming blockchain technology. Although the market is improving, it is still plagued by issues that make the investment process less convenient than it should be. Major Drawbacks Of Cryptocurrency & Real Estate Real estate investment has three major drawbacks: the presence of intermediaries, the lack of affordable funding options, and fraud. Agents take up to six percent of the total payment made on a real estate asset. This means that intermediary fees would account for over $23,000 for a

4 minutes