Copyright Bitcolumnist 2023
Author: Will Zhu
DIGG, BadgerDAO’s synthetic rebasing Bitcoin Last week, after receiving so much excitement on Twitter with “wen DIGG” memes, DIGG, BadgerDAO’s long-awaited synthetic rebasing Bitcoin, was finally released. To ensure a fair and flat launch, BadgerDAO set up a unique distribution. Jon Tompkins, core BadgerDAO contributor, and distribution architect explained that Badger DAO used a “formula centered on an Ethereum address’ activity in the BadgerDAO app” to determine the “amount of claimable DIGG for each eligible account.” This formula took into account “[f]actors such as total native platform Badger tokens earned, the Badger earned to Badger staked ratio, and total stake…
Crypto Goes Mainstream? The rise of GameStop and why GameStop investors should turn to Bitcoin
By Will Zhu
On Tuesday, GameStop stock closed at $147.98 after selling at $18.47 near the end of 2020. GameStop stock is now over $220.00. This sudden rise in stock prices is attributed to a group of Redditors called the r/WallStreetBets. According to William LeGate, Bitcoin holder since 2013 and CEO of PredIQ (a decentralized prediction market), this group’s actions were “driven by the resentment the vast majority of Americans hold towards Wall Street & the banking system as a whole.” These sentiments align with Bitcoin’s original purpose, as “BTC was a technological achievement meant to solve double-spending on peer-to-peer digital cash networks.”…
In a tweet on January 26, Chamath Palihapitiya, billionaire businessman and CEO of venture capital firm Social Capital, seemed to signal plans to run for the position of California governor in 2022. He has also joined forces with a number of Californians who want to recall Governor Newsom’s vote, implying that would consider running in a special election later this year. Many Californians hold Governor Newsom responsible for “inconsistent shutdowns and a slow-moving Covid-19 vaccine rollout,” and are not happy with him. Palihapitiya is known for his long time history in Bitcoin, having invested in 2013, and remained in Bitcoin…
For more than a decade, cryptocurrencies have been in the spotlight. As time passes and technology becomes more advanced, the value of cryptocurrency is becoming ever more clear. With thousands of cryptocurrencies on the market today, it’s important to understand the value of what you’re investing in. Moreover, just as traditional currencies fluctuate in value, the value of a cryptocurrency can change in the blink of an eye. Let’s take, for example, Bitcoin, the first cryptocurrency. In the year 2018, one Bitcoin was worth about $4,000. That seems like a lot, right? Just one year prior, in 2017, one Bitcoin was…
Are you someone that’s interested in various cryptocurrency and don’t know how to find them? ICO Alert is the industry leader in providing information about initial coin offerings for cryptocurrency. If you want to know who just started offering currency before anyone else, then you need to know how ICO Alert works and what it can do for you. If you’re new to the cryptocurrency industry, then we’ll provide you a guide to what ICOs are and how ICO Alert can keep you apprised of everything going on. If you’re interested in getting into blockchain and cryptocurrency, this review of…
Since its recent listing on Uniswap, cryptocurrency users have been flocking to LOTTO, a new crypto that allows holders to automatically participate in a decentralized lottery. In this guide, we will explain the basics of LOTTO, how it works, where to buy LOTTO, and more. What is the LOTTO Cryptocurrency? In its simplest form, LOTTO is a decentralized lottery game. By holding LOTTO tokens in your wallet, you are automatically entered into a daily game. Each day, 1 LOTTO tokens are automatically withdrawn from your wallet and entered into the game. These tokens are awarded randomly to one LOTTO holder…
With over 30 million users, Coinbase is a favorite choice for those engaging in digital currency transactions. If you don’t understand much about the trading, buying, and selling of Bitcoin and other cryptocurrencies, Coinbase is a popular place to begin. Coinbase may also suit your needs if you’re an occasional cryptocurrency investor who wants to hold a popular coin for novelty. For beginners, Coinbase is easy to use—you can even purchase Bitcoin with a credit card—but it’s far from the perfect platform to buy Bitcoin. So, what are the alternatives? Keep reading as we take a look at the seven best Coinbase alternatives that…
On February 27th, 2019, a security issue within the Coinomi wallet was exposed via Twitter with a reported loss of $60,000 in cryptocurrencies. Via Coinomi’s Support Helpdesk, the user stated that their seed phrase was sent to Google because of a spell-check feature in the desktop wallet. Despite this news, Coinomi remains one of the top wallet choices for cryptocurrency users today. There are plenty of crypto wallets in the space to choose from. Key features set this wallet apart from the rest. In our Coinomi review, we will break down the popular wallet to see if it is a secure place to…
Whether you’re new to cryptocurrency trading or just looking at changing your exchange platform, it’s great you’re doing research on Kraken fees before you take the plunge. Kraken is a solid choice for your cryptocurrency exchange. It’s a veteran to the market and offers some great features for cryptocurrency traders, but what are the fees on Kraken? Kraken Fees Kraken, like all exchanges, does charge fees on services within its platform. We can break these down broadly into two categories – funding fees and trading fees. Kraken charges funding fees on the following: Fiat deposit feesFiat withdrawal feesCryptocurrency withdrawal feesCryptocurrency…
Did you know that every day, there are $6 billion in transactions with Bitcoin alone? When you factor in all cryptocurrencies, there’s a huge chunk of change being exchanged daily. Maybe you’re new to the crypto game, or maybe you’re looking for a better platform to use. Whatever your reason, you’re in the right place to read about this topic. Here, we’ll give you a complete Bybit review so you know everything about this platform. What Is Bybit? Bybit is a cryptocurrency exchange platform that was first established in March 2018 by Ben Zhou, who has extensive experience in the fintech industry.…