Author: hotcrypto
Mozilla has decided to suspend donations via cryptocurrency following community backlash.The foundation behind the open source Firefox browser tweeted on Dec. 31, 2021 that it accepted donations via Bitcoin, Ethereum, and Dogecoin via BitPay. This attempt to encourage end-of-year donations prompted this response from Mozilla founder Jamie Zawinski, in which he says that “everyone involved in the project should be witheringly ashamed of this decision to partner with planet-incinerating Ponzi grifters.” (Among other things.)Saying that Zawinski was unhappy about Mozilla accepting donations via cryptocurrency would be an understatement. Mozilla responded in a series of tweets on Jan. 6 that characterized…
On 24 December, the movie Don’t Look Up began streaming on Netflix following a limited release in cinemas. It’s a satirical story, directed by Adam McKay, about what happens when a lowly PhD student (played by Jennifer Lawrence) and her supervisor (Leonardo DiCaprio) discover that an Everest-size asteroid is heading for Earth. What happens is that they try to warn their fellow Earthlings about this existential threat only to find that their intended audience isn’t interested in hearing such bad news.The movie has been widely watched but has had a pasting from critics. It was, said the Observer’s Simran Hans,…
PayPal is looking into the possibility of releasing its own stablecoin as the payment process company continues to push its way into the world of cryptocurrency.Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal told Bloomberg News on Friday: “We are exploring a stablecoin; if and when we seek to move forward, we will of course, work closely with relevant regulators.”The development of an in-house stablecoin, a cryptocurrency with value connected to a more stable currency or commodity, was first discovered in the source code of PayPal’s iPhone app by developer Steve Moser.Moser shared the…
Ancient Artworks of India has entered the Non-Fungible Tokens (NFTs) world through data-driven government advisory firm Sapio Analytics. The AI-based government support organisation has joined hands with WazirX NFT marketplace, according to a press release. The global crypto market capitalisation of cryptocurrencies crossed $2 trillion and decreased by 0.24 per cent over the last day. The price of Bitcoin (BTC) was down by 0.77 per cent and was trading at $41,953.94 in the last 24 hours. Bitcoin dominance in the global crypto market was 39.88 per cent, down by 0.02 per cent in the last 24 hours, according to Coinmarketcap data. …
As Bitcoin navigates through the recovery phase by forming an up-channel, it saw a pullout over the last day. Thus, the overall sentiment stayed near the ‘fear’ zone. Altcoins like Binance Coin, VeChain and EOS resonated with this pullback while showing revival signs. Binance Coin (BNB) TradingView, BNB/USDT Ever since BNB poked its seven-month high on 7 November, the price action struggled to maintain its previous supports. While the alt halted its long-term uptrend, it upheld the crucial eight-week support at the $505-mark. During the recent recovery phase, BNB formed an ascending channel (white) as the bulls breached a strong resistance…
Image source: Getty Images Here are some coins to keep on your radar this year — whether as potential investments or because they could impact the whole industry. Key points Ethereum, Solana, Elrond, and Cardano are good layer 1 cryptocurrencies to watch.If you’re considering the gaming or metaverse, put Enjin and Wilder World on your watchlist. 2021 was an extraordinary year for the cryptocurrency industry. There are now more coins, more investors, more crypto exchanges, and more money than ever in crypto. With over 16,000 cryptocurrencies to choose from, it’s hard to pick out just a few.To help focus our…
Victims of the $200 million BitMart hack say that five weeks have passed since the crypto exchange vowed to return their money, but many still haven’t seen a dime.”I’m not one to bitch and moan a lot,” said Paul DeLong, a business owner in Austin. “BitMart, from a communication perspective, they said that they were going to give us more updates. We have not received any updates at all.”DeLong says he has reached out to the exchange multiple times, and each time, he’s received a canned response from a bot to inform him that BitMart and their attorneys are “working…
Dogecoin (CRYPTO: DOGE) opened the 2021 trading year at $0.0047 and closed the year at $0.1703, for a 3,601% return. The crypto was one of the hottest storylines in 2021, driven not only by of the crypto’s soaring price, increased utility and software update that decreased its fees, but also because of the massive amount of retail traders who have become captivated with the coin. The rise in Dogecoin’s popularity can also be attributed to its increased presence in popular culture, partially propelled by Tesla Inc (NASDAQ:TSLA) CEO Elon Musk showing favor to the crypto over others. Most notably, Musk appeared…
Steven Galanis, the CEO of the leading marketplace for personalized video shoutouts – Cameo – joined the NFT world by purchasing a Bored Ape Yacht Club art for 100 ETH. At the same time, Migos’ Takeoff said he bought a Mutant Ape Yacht Club NFT. After the stellar 2021 NFTs had, specific projects from the industry continue to attract business people and celebrities in 2022 who allocate funds to digital arts and even update their Twitter profile picture to include them. BYAC is among the most popular collections, and the start of 2022 only solidifies this trend. Cameo’s CEO, Steven…
On Friday, Assembly, a decentralized layer one smart contract network built within the Iota ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital and Huobi Ventures. The project stated that the funds will be used to accelerate the development of decentralized finance protocols, nonfungible tokens (NFTs) and play-to-earn crypto games.Iota is a blockchain designed for facilitating Internet-of-Things transactions. Its proprietary technology consists of a system of decentralized acyclic graphs that can connect to one another in multiple vectors as opposed to in-series as with a regular blockchain. As a result, one new block can…