INA FASSBENDER/AFP via Getty Images Investing in cryptocurrencies has been synonymous with investing in bitcoin, especially for those new to the digital asset space.Bitcoin , after all, is often regarded as the first modern cryptocurrency, founded by an anonymous developer under the pseudonym Satoshi Nakamoto in 2009.”We think bitcoin had the first-mover advantage,” Ian Balina…
Month: May 2021
Nigeria’s Flux: From college dropouts to getting into Y Combinator
Osezele Orukpe, Ben Eluan, Ayomide Lasaki, and Akintunde Israel founded Flux in 2019.Flux The co-founder and chief executive of Nigerian fintech Flux says dropping out of college helped to pave the way for the launch of a new crypto payments company, one that has since been backed by renowned start-up accelerator Y-Combinator. Ben Eluan started…
Billionaire Mike Novogratz compares XRP fans to Trump supporters, warns against buying dogecoin, and calls bitcoin ‘insurance’ in a new interview. Here are the 10 best quotes. | Currency News | Financial and Business News
Bryan Bedder/Getty Images for Hudson River ParkBillionaire Mike Novogratz blasted Ripple’s XRP and advised against buying dogecoin in a recent “Earn Your Leisure” interview with hosts Rashad Bilal and Troy Millings.The CEO of crypto merchant bank Galaxy Digital said he isn’t worried about bitcoin’s long-term health because institutions like Goldman Sachs and JPMorgan are entering…
Binance CEO Interview on How He Built World’s Largest Crypto Exchange
Changpeng Zhao is the chief executive officer of Binance, the world’s largest crypto exchange.Binance This story is available exclusively to Insider subscribers.Become an Insider and start reading now.Changpeng Zhao is the founder of Binance, the world’s largest crypto exchange by trading volume.In an interview, Zhao recounts how he built Binance in 180 days and continues…
Why Entrepreneurs Can’t Afford to Ignore DeFi
The internet is abuzz with content and conversations surrounding Decentralized Finance ( DeFi ).This term refers to a blockchain -based form of finance that does not rely on central financial intermediaries, and people have either loved it or hated it since its inception in 2018 .The adoption of DeFi has drastically gone up since 2020.In…
A new green cryptocurrency called Chia uses a less energy-intensive method of minting new coins. Here are 6 things to know about the digital asset before it starts trading on Monday. | Currency News | Financial and Business News
Andia/Getty ImagesA new “green” cryptocurrency called Chia is set to start trading next week.It was created by Bram Cohen, the inventor of BitTorrent, and uses what’s called “proofs of space and time” to “farm” rather than “mine” new coins.The model is a less energy-intensive method of producing digital assets compared to bitcoin’s “proof of work”…
A new green cryptocurrency called Chia uses a less energy-intensive method of minting new coins. Here are 6 things to know about the digital asset before it starts trading on Monday.
May.1, 2021, 02:30 PM Cryptocurrency Mining.Andia/Getty Images A new green cryptocurrency called Chia (XCH) is set to start trading on Monday, May 3.Chia uses “proof of space” and “proof of time” instead of bitcoin’s “proof of work” to mint new coins.The rise of Chia is already causing shortages and price increases at hard drive and…
Bitcoin Cash Reaches Market Cap of $11.12 Billion (BCH)
Bitcoin Cash Reaches Market Cap of $11.12 Billion (BCH) Posted by Steve Reilly on Apr 3rd, 2021 Tweet Bitcoin Cash (CURRENCY:BCH) traded 6.1% higher against the dollar during the 24-hour period ending at 21:00 PM Eastern on April 2nd.Bitcoin Cash has a market cap of $11.12 billion and $3.50 billion worth of Bitcoin Cash was…
Bachelor Clues Tax Observations On Crypto Not To Be Relied On
My Millennial friend (MF) asked me to check out some tax observations on a podcast on Game of Roses by someone who goes by Bachelor Clues(BC).MF’s job calls for them to be in touch with Gen Z, so they have provided me with some valuable leads.Without MF I don’t know when I would have learned…
Legends of Crypto (LOCGame) AMA Session With BeInCrypto
BeInCrypto held an AMA with Legends of Crypto (LOCGame) on our public Telegram channel on April 26.LOCGame is an ambitious NFT project wrapped in a collectible and trading card game.The MATIC network powers the game core, the underlying DeFi economy, and its DAO governance model.(This AMA has been edited for clarity.) BeInCrypto: Welcome to our…