Honduran special economic zone adopts Bitcoin as legal tender
A special economic zone on a tourist-centric island on Honduras' Caribbean coast has officially adopted Bitcoin as well as other cryptocurrencies as legal tender. The special zone is called "Honduras Prospera", and was established in 2020 to attract investments. The zone has administrative, fiscal, and budgetary autonomy. "Prospera's flexible regulatory
Luna Foundation Guard adds nearly $230M of Bitcoin to holdings
Luna Foundation Guard (LFG), which is a non-profit organization created to build reserves that will support Terra's dollar-pegged stablecoin UST, came back to the crypto market and bought Bitcoin worth around $230 million on April 6. The LFG currently holds 35,768 BTC valued at more than $1.5 billion
Lightning Labs raises $70M to bring stablecoins to Bitcoin
Bitcoin software firm Lightning Labs has secured another large funding round. The $70 million Series B funding round will enable Lightning Labs to further work on the Lightning Network in order to achieve faster, cheaper Bitcoin and stablecoin transactions. The funding round was led by Valor Equity Partners, with participation
German authorities seize Bitcoins worth more than €23 million
* German authorities have shut down the 'Hydra Market'. * Bitcoins worth more than €23 million were seized * The marketplace was the biggest illegal marketplace operating within the darknet, according to German authorities. * Drugs, stolen data, or fake documents could all be bought on the 'Hydra Market'. German authorities have shut down
Phishing Alert! 'Your MetaMask wallet has not yet been verified'
'Your MetaMask wallet has not yet been verified' - If you have received such an e-mail, you should be aware that this is 100% a phishing attack, even though it might look legitimate at first glance. What is a Phishing attack? 💡In short, phishing attacks are the practice of sending
Best Countries for Crypto Investors
The regulatory adaption can not keep up with the global rise of cryptocurrencies, at least in most countries. In this article we will look at some of the best countries to live as a cryptocurrency investor. Important to note is that tax regulations regarding crypto are changing rapidly and therefore
The biggest Cryptocurrency Hacks in 2021
2021 was the year of rising adoption and bigger interest in the cryptocurrency space. The total value locked (TVL) reached more than $200B. However, hackers started to catch up and there were some of the biggest hacks in the history of cryptocurrencies. Poly Network Hack - $600M The Poly Network
What is a Layer 2 Solution?
Layer 2 stands for a secondary framework or protocol that is built on top of an already existing blockchain. These layer 2 solutions aim to solve the issues regarding transactions speed and scalability. Big blockchains like Bitcoin or Ethereum are still not able to process thousends of transactions per second
What is a Blockchain?
Blockchain is a shared, immutable ledger that facilitates the process of recording transaction and tracking assets in a business network. The ledger containing the transactions is duplicated and distributed across the entire network of computer systems on a blockchain. Each block on the chain contains a number of transactions, and
The 10 biggest Cryptocurrencies
When it comes to cryptocurrencies most of the people have heard of Bitcoin, but in fact there are thousands of other options when it comes to digital currencies and assests. They are usually called 'Altcoins'. Although Bitcoin was the first major cryptocurrency - created in 2009 - many others have
Who is Satoshi Nakamoto?
Within the last years more and more people heard and learned about Bitcoin and cryptocurrencies. But who is the genius behind this groundbreaking technology? Who really created Bitcoin, a cryptocurrency which was already adopted as legal tender in one country in 2021 and may become the new currency of the