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Vitalik Buterin Criticizes Elon Musk’s Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability
24.5.2021
Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subjects: storage, bandwidth, and computing power, commenting on their limits...
Bitcoin Mining Council emerges following meeting with Michael Saylor and Elon Musk
24.5.2021
The CEO of MicroStrategy brokered a successful meeting between Elon Musk and North American Bitcoin miners
Contrary to Musk's Idea, You Can't Just Increase Block Size, Says Buterin
24.5.2021
There are limits to blockchain scalability in order to not sacrifice decentralization, according to Ethereum (ETH) Co-founder Vitalik Buterin, and "you can't "just increase the block size by 10x"," as was Tesla's chief Elon Musk recently shared idea.
While Musk recently tweeted...
Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining
24.5.2021
When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its impact on the environment. In fact...
Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’
23.5.2021
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. Alternatively, he said they can “Buy coins that outperform bitcoin...
Elon Musk Reaffirms His Crypto Allegiance
23.5.2021
Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that...
Greenpeace Has Stopped Accepting Bitcoin Donations Due to Network’s Environmental Impact
23.5.2021
Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption...
NYU Professor Says Elon Musk Is Attracting Regulators to Crypto — Regulatory Action Expected in 30 Days
23.5.2021
NYU Professor Scott Galloway says that Tesla CEO Elon Musk is drawing additional scrutiny and regulators to the crypto space. He expects the U.S. Securities and Exchange Commission (SEC) to respond to Musk’s action in the next 30 days. Furthermore, the professor expects to see a Musk coin...
Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’
22.5.2021
Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla...
Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys
22.5.2021
U.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys....
Who Owns the Mystery Dogecoin Whale Address? Robinhood’s CEO Dismisses Speculation
21.5.2021
Dogecoin has been the talk of the cryptocurrency town for months on end and in recent times, crypto enthusiasts have been discussing the largest holder in the Dogecoin economy. An address with 36.7 billion dogecoin has recently amassed 797 DOGE this week and 3,755 coins during the last month....
Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’
21.5.2021
Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin...
Buterin: ‘Elon Musk’s Influence on Crypto Prices Won’t Last Forever’
21.5.2021
Source: Twitter/@beeple
The Ethereum (ETH) co-founder Vitalik Buterin has claimed that the crypto markets will learn their lesson from the latest price crash – and stop hanging on every word tweeted by the Tesla chief Elon Musk.
In a video interview with CNN, Buterin pointed out that Musk tweeting...
Elon Musk Invented Bitcoin, if You Ask Half of Australians Polled by Finder
20.5.2021
Australians have been learning more and more about cryptocurrencies but it turns out some myths and misconceptions are still widespread among the general public Down Under. As a most stunning example, over half of the participants in a new poll by Finder believe Elon Musk invented the first crypto...
Bitcoin price dip below $40K costs Tesla nearly 100% of its BTC profits
19.5.2021
Elon Musk may have egg on his face after his comments effectively erase all the money his company made from buying Bitcoin
More than half of Australians think Elon Musk invented Bitcoin: Survey
19.5.2021
Over 40% of respondents were unaware that Bitcoin had a limited supply
Ark Investment tips $20M into Grayscale Ethereum Trust
19.5.2021
Ark’s Q1 SEC report revealed holdings of 639,069 shares in Grayscale's Ethereum Trust, worth more than $20 million
Bitcoin's drop from $64K comparable to Black Thursday, but Coinbase outflows hint at accumulation
18.5.2021
The ongoing Bitcoin price correction draws a comparison with the March 2020 crash with one big difference
Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams
18.5.2021
The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within the past six months. Elon Musk Impersonators and Other Cryptocurrency Scams The...
Breakneck speed of crypto adoption could result in whiplash, warns wallet exec
18.5.2021
Crypto adoption is booming in 2021, but how long can the celebrity-fuelled hype train last?