Crypto AM Daily in association with Luno October 29, 2021 This week in Bitcoin – A Crypto AM report from Russia With Jason Deane This week I was lucky enough to visit several Bitcoin mining facilities, including my own, in and around the area of the Russian town of Irkutsk, a few hundred miles north of the border with Mongolia. Although I’ve been mining consistently [...]
A new dawn of cryptocurrency is forcing us to re-evaluate our faith in our institutions of state October 29, 2021 Talking about a revolution, as Tracy Chapman reminded us, isn’t new. For many years, many have. But we only ever know we’ve lived through when we look back. Today, the writing is on the walls for a moment of fundamental change. Over the last week we’ve seen Bitcoin and Ethereum hit historic highs while take [...]
Top Dog: Shiba Inu takes on Dogecoin after it cracks top 10 October 28, 2021 Shiba Inu coin has blasted its way into the top ten crypto currencies with a market cap of $40bn, briefly surpassing rival meme-coin Dogecoin. Shiba Inu’s price has exploded this year, up by 83m per cent in the past 12 months and 147 per cent just this week to make it the world’s tenth largest [...]
The Economist sells NFT cover image for $420k October 28, 2021 Current affairs magazine The Economist has auctioned off one of its cover images as an NFT raising $420k (£305k) with the sale. The image first appeared on the front of a September edition of The Economist which focussed on the rapidly expanding, often mystifying world of Decentralized Finance. The successful bidder offered 99.9ETH for the [...]
El Salvador’s government picks up 420 Bitcoin amid price dip October 28, 2021 El Salvador’s government, the first in the world to make a cryptocurrency legal tender, picked up 420 more bitcoins as price dipped below $60k. Bitcoin has been on a major hotstreak over the past two weeks maintaining a price above $60k for 11 consecutive days before finally deflating yesterday to $58k. El Salvador’s government used [...]
Before we give London’s transport to the rest of the UK, we should fix it here first – CityAM : CityAM October 28, 2021 The only standout mention of the capital in yesterday’s budget was a promise to bring “London-style transport settlements” to regions across the country. On the face of it, this is an entirely sensible aspiration. Many other cities would love to have London’s mix of cheap, frequent buses with flat fares, a fast reliable and wide-ranging [...]
London transport hit by ‘aggressive’ marketing ‘assault’ from crypto meme coin Floki October 27, 2021 A digital token named after Elon Musk’s new dog, Floki, has rolled out hundreds of adverts in the capital in what it’s called “a full-out assault of the London public transportation system,” raising questions as to who is responsible for high-risk investments being advertised so widely. Floki Inu coin is one of many dog “meme” [...]
Bitcoin drops below $60k as markets cool off October 27, 2021 The price of bitcoin yesterday closed below $60,000 for the first time in almost two weeks, with two minor flash crashes on Wednesday morning seeing the largest cryptocurrency fall to as low as $58k before recovering to around the $59k level, where it’s currently changing hands. That’s down 2.5% since yesterday morning and 8.5% over [...]
How Fiat will get Minimized or Replaced Leading to Evolutionized Forms of Government October 26, 2021 Modern society runs on databases that are run by TTPs (Trusted Third Parties). TTPs decide, in practice, your rights, from trivial to important such as whether your hotel airline reservation is cancelled, if you can only wire a limited amount to your crypto-exchange, that you are not allowed to use AirBNB and if you are [...]
Coinlist valued at $1.5bn on back of $100m funding round October 26, 2021 Coinlist, a token listing and crypto exchange platform, has raised $100m (£72m) in a Series A funding round bringing its valuation to $1.5bn. The round was co-led by Accomplice VC and Agman Partners with participation from Alphemy Capital, Continue Capital and CMT Digital among others. The bumper valuation comes after the company benefitted from surging [...]