Lyn Alden likens Ethereum to the Concorde aircraft: functional, but not “an economically sustainable project.” One reason strategist and investment guru Lyn Alden isn’t invested in Ether is she considers the Ethereum network an “unfinished product” when compared with Bitcoin. Alden’s economic analysis of Ethereum released today compares the smart contract network to the Concorde…
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Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before. With just three months until the deadline for United States citizens to declare their crypto gains and losses to the Internal Revenue Service, Coinbase is partnering with portfolio tracking and tax calculating platform CoinTracker to make the process simpler. According…
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“Are you able to imagine all the possible consequences that can occur to you and your loved ones?” said the scammer. Ledger users are receiving threatening emails in the wake of the hardware wallet manufacturer reporting that 20,000 more of its customers have been affected by another massive data breach. One or more extortionists using…
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Mining for Bitcoin may be contributing to “thick layers of toxic smog” and blackouts across many Iranian cities. The push by many in Iran to establish the country as a mecca for crypto miners may be having some unintended environmental consequences. According to a Bloomberg report, the energy requirements of Bitcoin (BTC) and crypto mining…
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The platform stated it would offer “several original artworks” from Justin Roiland as part of his NFT collection. The Winklevoss-owned Nifty Gateway has announced the auction of a crypto art collection from the voice actor and co-creator behind Adult Swim’s cult animation series Rick and Morty. According to a tweet from Nifty Gateway today, the…
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Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it. Businessman Kevin O’Leary, who appears on the reality TV show Shark Tank, seems to be backing away from statements he made in December indicating he might purchase more Bitcoin. In an…
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“Ripple’s all-star engineering team continues to grow,” Ripple CEO Brad Garlinghouse said of the firm’s new senior VP. Amid legal action from the SEC, Ripple has brought in fresh blood from Amazon to lead its engineering team. In a statement released today, Ripple CEO Brad Garlinghouse announced that former Amazon vice president of delivery experience,…
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Even with their newfound fortune, the lucky student said they will avoid “expensive luxuries” like a new car or house. A student has claimed to have found private keys accidentally HODLed starting as early as 2011 which will unlock more than $4 million in Bitcoin. According to a throwaway account from BitcoinHolderThankU, the Reddit user…
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“I’m hoping to catch one of these crypto dudes who always wanted to own a bar,” said Patrick Hughes. New York City bar owner and crypto enthusiast Patrick Hughes is offering to sell two of his popular restaurants in the Hell’s Kitchen neighborhood of Manhattan for cryptocurrency. According to a report from the New York…
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Argentinian crypto firm Ripio has acquired Brazil’s BitcoinTrade, Brazil’s second-largest exchange by volume. Ripio, a digital asset company based in Argentina, has purchased major Brazilian crypto exchange BitcoinTrade. According to Argentine newspaper Ambito, the acquisition is part of Ripio’s plan to spread across South America. BitcoinTrade is reportedly the second-largest crypto exchange in the country…
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