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Since 1955 Guinness World Records (GWR) has published a reference book annually that covers world records from extreme natural events to human achievements. This year, Bitcoin has entered the fray as the world’s first and most valuable cryptocurrency network as GWR has added the subject to this year’s annual records. Satoshi Nakamoto’s Bitcoin Enters the Guinness Book of World Records Satoshi Nakamoto’s cryptocurrency and blockchain network, Bitcoin, has received a number of accolades over the years, and it’s been recognized by mainstream media sources and traditional mediums. For instance, in 2016, the word “bitcoin” was added to the Merriam-Webster Unabridged…
Someone would have been mistaken to think that Bitcoin (BTC/USD) could approach the end of the year at just $20,000. However, as the clock ticks, the reality is increasingly getting confirmed. Notwithstanding that, many analysts expected that Bitcoin would click $100,000 by the end of the year. It wasn’t bad maths, though, considering a height of $68 in November last year. So, what went wrong? Of course, it has been a tough year for all markets – cryptocurrencies and stocks alike. Issues ranging from economic tightening, recession risks, and the Ukrainian war have been cited. Stocks are trading at significantly…
Mastercard is set to announce plans to help banks offer bitcoin and cryptocurrency trading, handling any regulatory compliance and security. Mastercard is set to announce plans today for a program to help institutions offer bitcoin and cryptocurrency trading, CNBC reported. Mastercard will work with Paxos to “bridge” the gap between banks and will manage the security and regulatory compliance, two big reasons many banks have stated for avoiding bitcoin and cryptocurrency. “There’s a lot of consumers out there that are really interested in this, and intrigued by crypto, but would feel a lot more confident if those services were offered…
To better serve our customers, we are introducing a new Status Update page, which will allow users to stay up to date on important updates to the Binance.US suite of products and services. By viewing https://www.binance.us/status/, our users can view live wallet status updates, scheduled maintenance periods for network upgrades, hard forks, and more, plus potential downtime notifications for our products and features. Our Status Update page is designed to grant customers access to the most up-to-date information on relevant information affecting their holdings and accounts. What’s New? Customers can now visit https://www.binance.us/status/ to view the Status Dashboard and see…
No Big Deal is currently focused on Lightning infrastructure and supporting hosted channels to remove the need of custodial users on Lightning. ZEBEDEE, a bitcoin gaming company, has announced No Big Deal (NDB), a non-profit dedicated to furthering open source development for Bitcoin and the Lightning Network, per a release sent to Bitcoin Magazine. “NBD does not sell anything, it does not offer services, it does not support products,” said Andre Neves, co-founder and CTO of ZEBEDEE. “It just writes code and gives it to the world to do with it as they will.” Currently, NBD has already contributed to…
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Travel internationally and you’ll encounter an array of currencies — dollars, euros, pounds, yen, — each backed by a different government or region, roughly 180 in all. But that’s nothing compared to the different types of crypto coins and tokens out there. Currently, there are more than 19,000 different cryptocurrencies. In this article, we will take you on a tour of some of the more important types of coins and tokens. But first, let’s start with what a cryptocurrency actually is. Table of Contents What’s a Cryptocurrency?Types of Crypto Coins and Tokens: What’s an Altcoin?10 Types of Crypto Coins You…
In September 2022, Binance.US introduced Ethereum (ETH) staking, with an introductory APY of 6% at launch. Recently, we chatted with the members of the Figment team and Sreeram Kannan, a faculty member at the University of Washington, Seattle, and founder of the Eigenlayer Project to learn more about Ethereum and its recent transition to proof-of-stake. Continue reading for a transcript of our conversation, which originally aired on Twitter Spaces, hosted on our handle @BinanceUS. A Conversation about the Ethereum Network (ETH) with the Figment Team feat. Sreeram Kannan Note: The following section features a transcript of our live conversation between…
Blockchains and their cryptocurrencies are decentralized networks where no one entity has total oversight or control. This can be good, but what happens when not everyone agrees on a new development? The answer can come in the form of a resulting “fork,” such as a “Bitcoin fork.” What exactly is a Bitcoin fork? Why does it happen? And what are the results? This article will answer these questions and provide historical examples of previous Bitcoin forks. It will also outline the implications of a fork and what you need to do when the next one occurs. Table of Contents What’s…