Tag: bitcoin trader

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6 Questions for Andrew Levine of Koinos Group

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Andrew Levine, CEO of Koinos Group, which is focused on accelerating the transition to a more decentralized future…
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What is chain reorganization in blockchain technology?

Chain reorganization means that blocks in your node’s old longest chain will be deactivated in favor of blocks in the new longest chain. What are the advantages and disadvantages of PoS blockchains? Proof-of-stake (PoS) blockchains have numerous advantages over proof-of-work (PoW) blockchains as they are more environmentally friendly and have no centralization issues. However, there…
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Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May

Crypto markets strike out on their own as May comes to a close — but not in the direction that anyone hoped for. Bitcoin (BTC) threatened to continue an unprecedented losing streak on May 29 as BTC/USD stayed in a right intraday range. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Stocks correlation offers no comfort…
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Tips to claim tax losses with the US Internal Revenue Service

With the market falling off a cliff, there will be big losses to claim on your taxes, right? Well, let’s break it down in detail. Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less enthusiastic than when prices seemed ever to be climbing.…
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Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims

Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies Allegedly Help Belarus Government With Crypto Seizure Belarus had to deal with the challenge of how…
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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization

Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked (TVL). Makerdao’s DAI Regains the Top Decentralized Stablecoin Position This month, it’s quite…
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Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review

From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn’t reigned in quickly, there’s no shortage of action-packed crypto stories this past week. Without further ado, this is…
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Crypto’s Need for Sustainability Standard-Setting Starts Here

  Patricia Trompeter, CEO of Sphere 3D, a Nasdaq-listed crypto mining company.____Cryptocurrencies have gained strong momentum over the last couple of years, drawing widespread attention from both proponents and skeptics. While investors have lauded digital currencies for their high yields and fiat-based volatility, critics have decried the environmental impacts and the toll the high-powered computing…
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In the Economy 3.0, metaverses will create jobs for millions

Metaverse job opportunities will likely exceed our expectations, with many keeping the same job even after the transition to virtual space. Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the economy. From the job creation programs of the Great Depression to United…
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Struggling On-Chain Governance Experiment Tests Itself With New Experiments

  Crypto governance is currently going through a rough patch right now. Sure, the market as a whole is experiencing a tough time, but with a consistent stream of million-dollar governance attacks having already taken place this year, it seems that the concept of on-chain voting is having it harder than most sub-sectors of crypto….…
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