Bitcoin’s newest update, Taproot, is now live!
The Bitcoin network is in the headlines today with the activation of Taproot, which is one of the most important enhancements to the network since 2017. Segregated Witness, popularly known as “SegWit,” was the most recent upgrade, and it was originally implemented to alleviate Bitcoin ‘s scaling problem. Woohoo! #Bitcoin #Taproot has activated! 🥕🚀🌒Thank you […]
The Milestones Defining Cryptos Evolution After Satoshi’s Infamous Bitcoin Whitepaper was published
An unidentified individual dubbed Satoshi Nakamoto wrote a whitepaper on the possibilities of cryptocurrencies thirteen years ago, on October 31, 2008, when the globe was suffering an economic catastrophe. “Bitcoin: A Peer-to-Peer Electronic Cash System,” a widely circulated whitepaper, explained the foundations of bitcoin (BTC) while underlining the importance and benefits of a futuristic online […]
Twitter introduces a crypto team to work on dApps and NFTs
Twitter has announced the formation of a crypto section to oversee its blockchain and crypto-related operations. Twitter goes on to say that it “wants to figure out what crypto can do for Twitter” and that it is willing to pool large sums of money in order to improve and investigate the decentralized technology. Tess Rinearson, […]
World’s largest museum launches NFT art exhibition
The Russian State Hermitage Museum has debuted its first totally virtual exhibition of digital art, continuing its foray into the nonfungible tokens (NFTs) business. The Hermitage is organizing a free exhibition of NFT artworks that exist entirely in virtual space, the so-called “celestial hermitage,” or the museum’s digital avatar, just a few months after generating […]
Influx of crypto miners to Kazakhstan reportedly put pressure on energy supply
Kazakhstan’s energy infrastructure, which now contributes the second-largest share of Bitcoin hashrate, may be unprepared to manage the influx of numerous cryptocurrency miners from China and other countries wanting to take advantage of low-cost electricity. Government authorities in Kazakhstan estimate that unregistered crypto miners in the nation are consuming twice as much electricity as those […]