Staking has been called in various ways, some accurate, others not so much. This has also happened with PoS, the Proof of Stake protocol. Proof of stake, proof of stake, anyway. Stack, bet, there is everything, but the idea behind staking is very simple. PoS is precisely the consensus system that allows you to stake (some say so) your cryptos. We will see it sometimes in its variants, such as dPoS, delegated proof of stake, nPoS, or nominated proof of stake and others. Decentralized finance, or DeFi, seeks to emulate and enhance legacy financial systems. Taking advantage of the advantages off ..read more

The advertisements of the company Luno will be withdrawn from the United Kingdom after the resolution that obliges them to do so for misleading advertising. Lido is a company based in Singapore but with a presence in much of the world. Its main activity is cryptocurrency exchange together with a wallet service. In one of their advertising campaigns through advertisements on the British subway, they ran into the association in charge of ensuring responsibility for advertising. The UK’s Advertising Standards Authority (ASA) considers its latest campaign “truly irresponsible”. In it, you can see ..read more

Cryptocurrencies find some support for a bounce after one of the toughest weeks for investors. Although last Thursday we told you how Bitcoin had recovered the level of 41,000 dollars. The joy for investors was short-lived, as not long after, the asset returned to visit lows. Marking what at the moment appears to be a double bottom. Following the confirmation of the Wyckoff distribution pattern, Bitcoin plunged to $ 30,000 in one of the worst weeks on record in the world of cryptocurrencies. The speed with which the falls occurred did not leave anyone indifferent. To this, a multitude of very ..read more

The highest level of government in China has proposed new measures to regulate mining in the country. The proposal has been received as a further blow to the digital asset market causing BTC to plummet close to 10%. https://twitter.com/WuBlockchain/status/1395744914000863233?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1395744914000863233%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbitcoin.es%2Factualidad%2Fchina-vuelve-a-atacar-a-las-criptomonedas-bitcoin-se-desploma-de-nuevo%2F The Finance Committee of China held a meeting to take action "to study and deploy key tasks in the f ..read more

On May 17, 2021, the publication of a patent by Sony Interactive Entertainment mentioning Bitcoin was greeted with great fanfare by the cryptosphere. This had in fact already been refused twice by the US Patent Office, because the Japanese trademark project was not clear enough. Online betting, video games and digital assets According to information from PatentScope, the patent was originally filed in 2019, but the application for registration was refused twice by the United States Patent and Trademark Office (USPTO). Indeed, under US law, the laws of nature, natural phenomena and abstract id ..read more

Investor Lyn Alden shared her certainties about the bullrun pursuit in an interview with Coin Telegraph. The analyst is convinced that Bitcoin still has the potential to hit $ 100,000 in the current bull cycle, despite increasing uncertainty and heightened volatility. Mixed signals for Bitcoin Overall, Alden is showing a bullish bias on Bitcoin, due to his confidence in the fundamentals of the network. As early as fall 2020, Alden had already claimed that Bitcoin would reach $ 1,000 billion in capitalization, given the network effect and the arrival of institutions in the crypto-game. However ..read more

The Tron network (TRX) has just taken a symbolic step in its journey with the issuance of 30 billion USDT on its blockchain. According to Justin Sun's tweet, the blockchain now manages USDT's main pool on a given network. In addition, demand for USDT and stablecoins is growing, in the face of uncertainty in the price of bitcoin. Tron, the favorite blockchain for USDT users Tether's USDT is a 1: 1 US dollar-backed stablecoin, which means it's always worth $ 1. The USDT is issued several other blockchains: Algorand, Bitcoin Cash, Eos, Ethereum, Liquid Network, Omni, Solana and Tron (and most re ..read more

China attacks cryptocurrencies again with a ban that affects entities such as banks and electronic payment managers. It looks like the "China FUD" of this bull season is here. China would have once again prohibited the free use and business development of cryptocurrencies. On this occasion, the main objective of the blockade would be banks and electronic payment management companies. To which the possibility of offering any service related to the registration, trade and withdrawal of cryptocurrencies is denied. The Chinese government had previously focused on currency exchange platforms. Whic ..read more

Did Tesla sell his bitcoins despite his boss's promises? The evolution of the exchange rate might give us hope (it would be one less threat), but if Decrypt envisages such a scenario, it still remains only a simple assumption based on rather light indices. Either way, bitcoin lost 10% of its value in 24 hours, 26% in a week, and over 30% in a month. It is currently trading around € 35,400 ($ 43,200) on major exchanges. The post Bitcoin down 26% in one week appeared first on Paperblockchain | Latest News on blockchain world ..read more

In 2021, the trajectory of Dogecoin is similar to that of a comet. Cryptocurrency has increased by more than 14,000% since January 1. And while the shiba token was already threatening Bitcoin in some domains between May 2 and May 8, it continues to outpace it on Google. Bitcoin forgot within a week for Dogecoin Globally, Dogecoin has won the number of search engine queries on the leading search engine. Indeed, the numbers provided by Google Trend make it clear and realize that this is a first for Elon Musk's beloved token. This interest of Internet users, looking for information on this cryp ..read more