How Polkadot battles the “free rider” problem with ‘common goods’ Parachains

A unique problem exists on the Polkadot network: the presence of “free riders” who can benefit when others pay for parachain slots. But there’s a solution for that. Parachains and what they do Polkadot, for the uninitiated, is a high-speed, secure blockchain capable of supporting smart contracts via the many “parachains” that are deployed on…

75% surveyed say “No” to Bitcoin in “Money Saving Expert” poll

Martin Lewis, the self-styled “Money Saving Expert” and champion of consumer affairs for the British public, held a poll asking his followers if they own Bitcoin. So far, less than a day in, and the results show almost three-quarters answered: “No, not planning to.” Source: @MartinSLewis on Twitter.com “No, but considering” forms the next most…

Did an “art heist” just happen on an Ethereum CryptoPunks NFT?

Experimental and new tech is always subject to intrusions and exploits, with crypto not far behind in that regard. And yesterday saw one of the first instances of an NFT being “front-run.” Punk gets sniped You may have heard of CryptoPunks, the first-ever, Ethereum-based, non-fungible token (NFT) project with over 16,000 unique “punks” which have…

Craig Wright demands that ‘Bitcoin developers’ return him $5 billion in BTC

Litigation law firm Ontier LLP has initiated legal action on behalf of self-proclaimed Bitcoin (BTC) creator Craig Wright to recover £3.5 billion (roughly $4.95 billion) worth of BTC, according to a document published yesterday. Essentially, the firm demands that “developers for BTC, BCH, BCH ABC and BSV” enable Craig Wright’s company Tulip Trading Limited (TTL)…

Here are the interesting tidbits from Coinbase’s IPO filing

The US-based crypto exchange made public its long-awaited S-1 filings. Here’s everything you need to know. Inside the Coinbase filing The Initial Public Offering (IPO) filing of Coinbase, the remote-first crypto exchange that caters to millions of users daily, to the US Securities and Exchange Commission (SEC) was made public today. The exchange has long-wished…

$5 million worth of Bitcoin just moved for the first time since 2010

Craig Wright “Filing Lawsuits” Against People Denying He is Satoshi Nakamoto Billionaire Calvin Ayre is claiming that Craig Wright, the controversial figure who claims to be Satoshi Nakamoto (in the face of substantial skepticism), is allegedly filing lawsuits against those “falsely denying he is Satoshi.” Calvin Ayre is the Canadian-Antiguan entrepreneur behind Ayre Group—a conglomerate…

Here’s why DeFi will future-proof India’s crypto ecosystem

After less than a year of Indian cryptocurrency users enjoying unfettered access to the cryptocurrency markets, it now looks likely that the authorities will intervene once again. The Indian government is set to push through the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the latest budget session of Parliament. Although the Bill’s…

SwissBorg launches yield wallets for USDC and CHSB

We are excited to announce the launch of the SwissBorg yield wallets – a smart, simple and secure way for investors to earn yields on their favourite crypto tokens! The rollout of SwissBorg’s USDC yield wallet began in December 2020, and the feature is now available to all SwissBorg app users. SwissBorg offers two categories…

U.S. Federal Reserve is cagey about the prospects of a digital dollar

Talk of a digital dollar has been doing the rounds for well over a year now. Speaking to Bloomberg, Fed Chairman Jerome Powell gave an update on the situation, and contrary to popular opinion, a digital dollar looks far from being a done deal. “We are looking carefully, very carefully at the question of whether…