Author: Staff Writer

South Park’s recent episode called the “Post COVID” special mocks a future where the only currency accepted is bitcoin and other cryptocurrencies. The hour-long animated sitcom picks up years into the future where the main characters are now all grown up, except Kenny McCormick who is dead. The popular television sitcom South Park featured on Comedy Central is extremely well known in today’s pop culture ever since Trey Parker and Matt Stone created the show in 1997. Over the last 24 years, the animated sitcom has aired more than 300 episodes and in more recent times, Stan Marsh, Kyle Broflovski,…

Cryptocurrency trading mobile app TabTrader announced today that it closed a $5.8M series A round led by BitMEX Ventures and joined Hashkey Capital, Spartan Capital, SGH Capital, SOSV, and Artesian Venture Partners. The Amsterdam-based company has more than 400,000 active users and plans to expand its 20-person team and focus on global expansion, including aggregation of decentralised crypto exchanges, starting with Solana based Serum, Raydium, and Orca. Alexander Höptner, CEO of BitMEX said, “TabTrader revolutionises the entire crypto trading experience by enabling traders to manage all of their exchange accounts through a unified interface. BitMEX and TabTrader share a similar…

Hype around NFT is considered to be over by now, but sometimes it reaches news front pages with new shocking facts. Aleksaei Forobeinikov, CTO of Cloud NFT, spoke about the current situation on the NFT market, its problems and perspectives. A little about yourself, about your background I’m Alex – Blockchain Solutions Architect and R&D Engineer. Mainly focus on complex blockchain technologies. I contributed to more than 30 projects on 11 blockchains. Among the most famous – Ethereum Plasma, Celo, Breaker, DAO, Remme and worked as a CTO at Zokyo, Blaize, DeHive and YieldApp. In Cloud NFT, you act as a…

With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged. True to its hardline stance on decentralized digital money, the Central Bank of Russia (CBR) has recently stated that cryptocurrency operations “carry significant risks for financial stability and investors as well as climatic risks.” The warning has been issued with its Financial Stability Overview for the second and third quarter of 2021. The monetary…

As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326 per day. Scrypt coins are the second most profitable these days with up to $110 per day and Ethash miners can make up to $105 per day. Kadena, Scrypt, Ethash, and Eaglesong Mining Far More Profitable Than SHA256 Mining Close to 13 years ago when Bitcoin…

It was in 2018 that Akshat Gupta first decided to invest in the highly valued cryptocurrency. By then, the currency had been in existence for nine years, and the first transaction where two pizzas were bought in Florida in exchange for 10,000 BTC was eight years old. “A few friends of mine had been tracking the growth of Bitcoin and told me to invest. I found out more about it and found the concept interesting so I decided to invest,” said Gupta, who has a business of pharmaceutical wholesale in Delhi. At the time, the south Delhi resident bought 14 BTC…

From times immemorial, the Bitcoin and Ethereum camps argue about nodes and their respective blockchains’ characteristics. This mind-bending report by BitMEX Research will put the debate to rest. Surprisingly, they determine that the Bitcoin blockchain is still bigger than the Ethereum one. This will soon change, though. BitMEX Research also concludes that size is not the right metric to compare both chains, because “to learn useful information about the Ethereum network one needs to perform significantly more computations and generate far more data.” As to why people assume that Ethereum would be bigger, BitMEX Research attributes it to “failure to remember just…

Cryptocurrency miners in Kazakhstan are facing widespread electricity shortages amid a surge in mining, as reported by the Financial Times. Kazakhstan has been grappling with an overloaded energy grid as miners flock in from China, which cracked down on crypto earlier this year and banned crypto-based transactions in September. According to the Financial Times, Kazakhstan’s demand for electricity has risen about eight percent since the beginning of 2021, a sharp increase from the one or two percent annual growth that the country typically experiences. The Financial Times’ research also estimates that over 87,849 “power-intensive” mining rigs have made their way…

Major tech retailer Newegg Commerce Inc. has officially confirmed that it will accept Shiba Inu. In a recent tweet, Newegg said, “Coming soon to Newegg…$SHIB”. The internet retailer added Bitcoin as a payment option for customers in 2014. In April of this year it also added Dogecoin Newegg presently supports 11 cryptocurrencies. https://twitter.com/Newegg/status/1464345870577459207?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1464345870577459207%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.benzinga.com%2Fmarkets%2Fcryptocurrency%2F21%2F11%2F24317419%2Fits-official-online-retail-giant-newegg-confirms-that-it-will-accept-shiba-inu Last week, the official Twitter handle of Newegg tagged Shiba Inu’s official profile and its lead developer, asking for a direct message and indicating the retailer has “got a question for ya.” According to a recent analysis, an investment in Shiba Inu of just $15 would make…

The address holding about 28% of Dogecoin’s total supply most probably belongs to Robinhood, not Elon Musk as some previously speculated. A recent investigation led by the Dogecoin community linked the wallet behind Robinhood’s 420.69 DOGE wallet test transaction to the famous Dogecoin whale wallet currently holding 4.1 billion DOGE — equivalent to about $892 million — but previously held as much as 36.7 billion DOGE. Dogecoin-dedicated Twitter profile Mishaboar explained that “following the trails starting from the ‘first’ [test] transaction by Robinhood, we can go back in time and confirm that the current largest Dogecoin wallet (and associated wallets)…