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Pro Football Star Receives Half of His $13 Million Salary in Bitcoin
2.1.2021
Carolina Panthers offensive lineman Russell Okung said he has been paid in bitcoin after asking to be paid in the cryptocurrency for almost two years. The Panthers is reportedly diverting half of his $13 million salary to the Strike wallet, which converts the payment into bitcoin for Okung. Russell...
‘Noxious Poison’ – Bitcoin’s Market Cap Surpasses Warren Buffet’s Berkshire Hathaway Valuation
2.1.2021
For many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a Berkshire Hathaway 2018 annual shareholder meeting, Buffet said bitcoin is “probably rat poison squared.”...
What Are Your Video Game Resolutions For 2021?
31.12.2020
Gaming resolutions? Well, I’m hoping to really go all in on 4K for...Hold on. What’s that? Ah, my editor tells me we more or less cracked this exact joke last year. And that it’s bad. And that I should feel bad. (I regret nothing.)Read more
The Best Things We Paid Real Money for in 2020
31.12.2020
For better or for worse, in many ways, 2020 was defined by capitalism, a system unprepared to provide as many hospital beds as there are sick people during a pandemic. Or PPE gear to health care workers exposed to those sick people. Or even face masks to those ordinary people just trying to shop...
You Might Abandon Your New Year's Resolutions, But the Internet Never Will
31.12.2020
After the past year’s wall-to-wall cavalcade of death and dreck, it’s not a surprise to see a lot of folks stepping into 2021 with what can best be described as “modest expectations” for the world writ large and their Capacity To Deal with whatever it throws their way. This is the year that we’ve...
All Major Mining Pools Now Support Taproot, Bitcoin’s Biggest Upgrade in Years
30.12.2020
Binance Pool represents 11% of Bitcoin’s mining hashrate. Adding it to the “yes” column pushes mining pool support for Taproot to about 91%
2020 Saw the Fewest Bitcoin ‘Obituaries’ in 8 Years
28.12.2020
Bitcoin has only “died” 11 times this year
$200 Billion in Fines: Mega Banks Rack up Penalties From Illegal Activities
28.12.2020
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan, Citigroup, and Wells Fargo, according to a new report, which also covers Morgan Stanley and Goldman...
An Ode To The Games It Took Us Forever To Finish (Or How It Took Me Over Twenty Years To Finally Finish The First Suikoden)
26.12.2020
Hi Kotaku! The last time I was a weekend editor for Kotaku was way back in February and honestly, that seems like a lifetime ago. So much has happened since then that even looking back at my old articles feels like I’m peeking at a time capsule from a different age. Read more
Snowden Puzzled by Bitcoin’s Lack of Scaling and Privacy, Says Devs ‘Had Years to Do It’
25.12.2020
Just recently, the film producer and well known Youtuber, Naomi Brockwell, sat down with Edward Snowden and the two discussed a number of subjects including privacy and bitcoin. When Snowden talked about bitcoin, he delved into the protocol’s lack of progressive scaling and privacy....
Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes
24.12.2020
A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly sold bitcoin to victims of fraudulent schemes. Bitcoin Trader Facing Jail Time The U.S. Department of Justice (DOJ)...
Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator
24.12.2020
The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and...
20 Years Later I’m Still Thinking About The Bouncer
23.12.2020
Sometimes a piece of pop culture worms its way into your brain, builds a comfortable, cost-efficient home in your cerebral cortex, and lives there happily for decades on end. My own tenant is The Bouncer, an odd beat ‘em up by Square Soft, which came out in Japan 20 years ago today before fading...
Retrospective on Fela
21.12.2020
I really appreciate a real-world walkthrough of a technology. Not only in what that technology does, but why it was chosen and how it worked for a team. Anybody can read the docs, but what you know after years of real-world usage is far more valuable. Hugo “Kitty” Giraudel:
I want to properly...
CME explains why it waited three years for ETH futures
21.12.2020
The crypto space has notably matured over the last three years
Sharpen Your JavaScript Skills with Pluralsight (Sponsored)
21.12.2020
JavaScript recently turned 25 years old, and while it started by dominating over the client side world, this beautiful programming language is well on its way to taking over the server side. JavaScript isn’t just thriving — it’s evolving with new syntax features, patterns...
Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
21.12.2020
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine...
Bitcoin Addresses Holding $1 Million Goes ‘Parabolic,’ 10% of BTC Supply Sits Idle for 10 Years
18.12.2020
While bitcoin trades above the $20k handle, onchain data shows that the number of bitcoin addresses holding at least $1 million has climbed substantially increasing by more than 150%. Moreover, Glassnode’s statistics indicate that roughly 1.85 million bitcoin hasn’t moved in over...
Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison
18.12.2020
The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency. $25 Million Crypto Credit Card Scheme The U.S. Department of Justice...
Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market, Trades Top $566 Million in Five Years
17.12.2020
Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.S., which traded $3.75 billion in the period under review. According to...