Author name: Peter

Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round

Bitmama, a Nigerian-based blockchain startup, has closed its pre-seed funding round with $2 million after raising $1.65million via a preseed extension. Two venture capital firms with Africa-focused focus, Unicorn Growth Capital & Launch Africa were the leaders of the funding round. Bitmama to Receive New Funding for Crypto Use Cases in Africa Bitmama, a Nigerian […]

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Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review

Geopolitics and macro markets dominated this week's news. Russia cut off Europe's gas supply and hedge funds bet against Italian debt. The International Monetary Fund's bailout of Zambia helped the kwacha surpass the ruble to become the world's most-performing currency. Vitalik Buterin, co-founder of Ethereum, discusses the crash in crypto economies and Bitcoin's long term

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Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site

As a few miners announced expansion plans in the last week, bitcoin mining operations are continuing to thrive despite the crypto winter. Cleanspark announced it had purchased a Mawson Infrastructure-integrated bitcoin mining facility following the acquisition of 10,000 ASIC Antminers. According to reports, Arsenal Digital Holdings has acquired an underground data center in Houston. Some

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Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants

Jay-Z, also known as Shawn Carter and Block CEO Jack Dorsey recently dropped bitcoin to members at the Bitcoin Academy in Brooklyn. Jay-Z's mother Gloria Carter stated in a statement, that more than 350 people attended the classes and that there were a lot of participants from Brooklyn's Bedford-Stuyvesant. Brooklyn residents attend Bitcoin Academy —

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Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill

CVM, the Brazilian securities watchdog is now requesting specific changes to the cryptocurrency bill that is currently awaiting discussion in Congress. This organization seeks to fix a loophole in current legislation that would prevent certain tokens from being considered securities. Brazilian CVM Presses For Changes In Current Cryptocurrency Law CVM, a Brazilian securities watchdog is

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30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

Ethereum will transition in three days from a proof of work (PoW), blockchain network, to a proof of stake (PoS), via The Merge. The Lido liquid staking project has seen more activity ahead of the transition. This week, the protocol's value increased by over 13%. The project's lido Dao governance token has risen 25.4% in

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Hungary’s Prime Minister Says ‘Europe Has Run out of Energy’ Amid Russia’s Gas Standoff

According to several reports, Europe is in trouble and trying to control an energy crisis. These reports suggest that the eurozone may have to deal with a cold season that could cause energy rationing or blackouts. According to a recent survey by the General Confederation of Greek Workers, seven in ten Greeks have reduced their

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The Greatest Trick Ever Played, And How Bitcoin Shatters The Illusion

The fiat currency was a system that central planners couldn't have imagined. This opinion editorial is by Andrew Axelrod. Andrew Axelrod is a Bitcoin educator, writer and blogger whose LinkedIn posts have been orange pilled thousands. "The best trick of the devil is to convince you that he doesn't exist." — Charles Baudelaire "The second

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What is Blockchain and Why Is It Matters?

It’s likely that you’ve used the blockchain technology if you’ve purchased Bitcoin. Blockchain technology isn’t limited to cryptocurrency. Blockchain technology is used by a wide range of businesses to improve their security and improve their operations. Blockchain technology allows secure and efficient monitoring of transactions and data. You need to understand the workings of blockchain

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