Great news for those eagerly tracking the progress of web3’s mainstream adoption: Uber may soon join the growing list of companies embracing crypto as a payment method! In a recent interview, Uber CEO Dara Khosrowshahi […]
Author: Phoenixx Down
Web3 101: How To Stake Your Crypto
Staking is one of the many ways crypto has revolutionized how we think about finance and earn income beyond traditional investments. It allows crypto holders to earn passive income by participating in a blockchain network. […]
End of an Era: Craig Wright Admits He’s Not Satoshi Nakamoto
Craig Wright, the Australian computer scientist who has long claimed to be Satoshi Nakamoto, has finally admitted that he is not the inventor of Bitcoin. This admission comes after years of legal battles and controversies […]
Germany’s Bitcoin Sell-Off: Misstep or Financial Necessity?
Back in January of this year, the federal state of Saxony in Germany seized a Bitcoin wallet worth approximately 2.5 billion euros. This huge cache of Bitcoin was confiscated from the former operator of an […]
Memecoins and Politics: A New Way to Bet on Election Outcomes
Political memecoins have emerged this year, capturing the attention of those who stay on top of current affairs. These tokens, often featuring misspellings and caricatures of political figures in the style of meme caricature “spoderman,” […]
NFTs in Entertainment: A New Era of Creativity and Monetization
The entertainment industry is undergoing a seismic shift due to the advent of NFT technology, which is revolutionizing how artists create, distribute, and monetize their work. Despite the recent proliferation of celebrity memecoins that have […]
Web3 101: What Are DAOs?
Decentralized Autonomous Organizations (DAOs) have emerged as a revolutionary concept with the potential to transform how organizations operate. DAOs leverage blockchain technology to create transparent, democratic, and automated systems for managing collective decision-making and resources. […]
Debunking 5 Myths About Bitcoin Mining and Environmental Harm
Bitcoin mining has often been criticized for its environmental impact, with detractors pointing to its energy consumption as a drawback. However, many of these concerns are based on misconceptions. Here, we debunk five common myths […]
How Blockchain Technology Can Transform Industries Beyond Finance
Blockchain technology, initially developed as the backbone for cryptocurrencies like Bitcoin, has evolved far beyond its financial roots. Its unique attributes—decentralization, transparency, immutability, and security—are being leveraged across various industries to enhance efficiency, reduce fraud, […]
Hackers Bodyslam Thousands of Hulkamaniacs With “Fake” $HULK Memecoin
WWE Hall of Famer Hulk Hogan recently found himself at the center of a social media storm when his Twitter account was hacked, leading to the promotion of a Solana-based memecoin named $HULK—allegedly without his […]
Revisiting Mt. Gox: How a $9 Billion Bitcoin Transfer Has Rekindled Old Fears
Recent news has reignited interest in the Mt. Gox scandal, as wallets associated with the defunct Bitcoin exchange transferred approximately $9 billion worth of Bitcoin to an unknown address. This move is part of a […]
Bitcoin Pizza Day: Reflecting on the First Real-World Bitcoin Purchase
In crypto lore, few tales are as iconic as the “Bitcoin Pizza” story. This legend centres around Laszlo Hanyecz, a Florida programmer, and his quest to buy two Papa John’s pizzas using 10,000 Bitcoins. This […]