Blockchain

Space Jam: A New Legacy promotion offers up thousands of flashy NFTs

Space Jam: A New Legacy promotion offers up thousands of flashy NFTs

Space Jam: A New Legacy, a sequel to the original 1996 movie made for the next generation of fans, will arrive in theaters and on HBO Max starting later this week. Among the promotions for the movie are tens of thousands of NFTs in the style of old-school lenticular sports cards. Though some of the NFTs are already sold out, many others remain available.

Continue Reading

What is NFT: Meaning in a token, explained by Tim Berners-Lee

What is NFT: Meaning in a token, explained by Tim Berners-Lee

An NFT called "Source Code for the WWW" was sold on June 30, 2021 for a winning bid of 5,435,500 USD. This NFT was created by Tim Berners-Lee, the writer of the code that would become the internet. This NFT (non-fungible token) is roughly the equivalent of if Jonas Salk had at some point written down the formulation and production processes for his polio vaccine and put said piece of paper up for auction.

Continue Reading

Bitcoin, Ethereum, Dogecoin price drops with China power chops

Bitcoin, Ethereum, Dogecoin price drops with China power chops

Chinese government officials cut power to cryptocurrency mining operations on Monday morning, resulting to an immediate drop in price for the coin and related cryptocurrency. This is the latest in a line of similar targeted operations in China aimed at cutting down on mining operations throughout the country here in the year 2021. Officials suggested this year that cracking down on crypto mining is aimed at bringing the country closer to environmental goals as a significant amount of the energy used was (and continues to be) generated by coal power stations.

Continue Reading

Square Bitcoin hardware wallet floated by Jack Dorsey

Square Bitcoin hardware wallet floated by Jack Dorsey

Jack Dorsey revealed that Square was considering creating a Bitcoin hardware wallet this week. He suggested that "if we do it", they'll build it "in the open, from software to hardware design, and in collaboration with the community." Jack suggested that if they do it, they'll do it with principals like "bitcoin is for everyone" and "no keys, no cheese."

Continue Reading

Warhol NFT auction opens Pandora’s Box on “original art”

Warhol NFT auction opens Pandora’s Box on “original art”

Christies is set to auction several Andy Warhol digital works of art on the NFT blockchain. This would at first seem like the perfect opportunity to demonstrate how an NFT could be used to buy and sell art that would otherwise seem ephemeral. There's just one problem: The files described by the auction are not the originals they profess to be - they couldn't be.

Continue Reading

Sotheby’s Banksy is first physical painting sold with cryptocurrency option

Sotheby’s Banksy is first physical painting sold with cryptocurrency option

A battle between four bidders ended with a $12.9 million hammer price for the Banksy artwork 'Love is in the Air'. This is the first piece of art sold in a Sotheby's auction where cryptocurrency was accepted as a payment option for a physical artwork. It's likely this practice will continue with other major sales in the near future.

Continue Reading

Windows ramps defenses against cryptojacking – what’s that?

Windows ramps defenses against cryptojacking – what’s that?

Microsoft released a note this week about how they've been working on defending against cryptojacking for your computer. Cryptojacking is a term describing a malicious attacker, a hacker, using your computer to mine cryptocurrency. Your computer's processing power - and potentially your internet data, if you're not on an "unlimited" plan - for their own profit, without your knowledge. This is bad, and Microsoft working to defend Windows against cryptojacking is good.

Continue Reading

What is NFT: a simple explanation for the crypto-newb

What is NFT: a simple explanation for the crypto-newb

NFT stands for non-fungible token, a cryptocurrency that works with blockchain technology like Bitcoin... only different. If Bitcoin is like a coin, NFT is like a unique digital certificate tied to a unique digital asset. An NFT is not the same as physical ownership of a physical item, but you CAN own the NFT of digital ownership records for physical assets.

Continue Reading

NVIDIA CMP revealed for crypto mining (for $ETH) as RTX nerfed [UPDATE: No retro-nerf]

NVIDIA CMP revealed for crypto mining (for $ETH) as RTX nerfed [UPDATE: No retro-nerf]

NVIDIA just revealed their next big plan for capitalizing on the current supply VS demand issues in graphics cards. Part one of their plan is nerfing GeForce RTX graphics card cryptocurrency mining power (hash rate) so said cards are less desirable to cryptocurrency mining operations. The second bit of the plan is creating a whole new category of product, the NVIDIA CMP, or Cryptocurrency Mining Processor.

Continue Reading

Apple Pay with BitPay now supports Bitcoin

Apple Pay with BitPay now supports Bitcoin

BitPay announced this week that they've begun functioning with Apple Wallet. The self-professed "world's largest provider of Bitcoin and cryptocurrency payment services" announced that users of the BitPay Prepaid Mastercard can now add their card to their iPhone's Apple Wallet. With the BitPay Prepaid Mastercard in an Apple Wallet, the user can spend with Apple Pay.

Continue Reading

Robinhood, WeBull and others are down, it’s not just you

Robinhood, WeBull and others are down, it’s not just you

Robinhood, WeBull and other brokerages are down for the count, right now, thanks to extreme volatility in a wide variety of stocks across several markets. If we're looking at GameStop and AMC, we see massive market manipulation and calls from regulators to stop trading altogether. If we look at cryptocurrencies like Bitcoin and Dogecoin, we see a bit more of the same.

Continue Reading

Coinbase drops XRP (Ripple) cryptocurrency on January 19

Coinbase drops XRP (Ripple) cryptocurrency on January 19

The SEC announced a lawsuit against Ripple Labs, Inc, and as such, XRP trading pairs are going offline on Coinbase. If any of that made any sense to you whatsoever, you probably know about cryptocurrency and quite possibly have some investment made in XRP. If you're using XRP on Coinbase right now, you'll want to finish up any sort of transactions you've got going before Tuesday, January 19, 2021 at 10AM Pacific Standard Time if you want those transactions to be fulfilled.

Continue Reading

1 2 3 4 Next