Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward “Polygon CDK,” a blockchain-development kit powered by zero-knowledge cryptography. The older “Polygon Edge” was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.
Lolli, a leading bitcoin and cashback rewards platform, has announced the successful closure of an $8 million Series B funding round today, according to a press release sent to Bitcoin Magazine. The investment was led by BITKRAFT Ventures, alongside notable contributions from Sfermion, Ulta Beauty’s Prisma Ventures, Hypersphere Ventures, Rahul Pagidipati, 2 Punks Capital, MZ … Read more
Imagine a hypothetical world where there is no established medium of exchange. In this imaginary world, people are simply bartering. However, someone approaches you and tells you, “Hey, you know tomorrow we all move to using gold as money, right? You should acquire as much as you can now before tomorrow comes.” Assuming you trust … Read more
In a move towards advancing the role of design in the Bitcoin ecosystem, the Bitcoin Design Foundation emerges with the backing of founding supporters Spiral and BitBox, as well as contributions from individuals who share the belief that effective design is a catalyst for broader Bitcoin adoption. Since its inception in 2020, the Bitcoin Design … Read more
Metagood, a blockchain technology and digital assets company, announced the successful completion of a $5 million series seed funding round aimed at advancing its Osura marketplace, focused on art within the Bitcoin ecosystem, according to a press release sent to Bitcoin Magazine. “Osura is embarking on a groundbreaking collaboration with artists to immortalize their creations … Read more
Today, Bitcoin exchange River has unveiled its latest product, River Link, aiming to transform the way Bitcoin is sent and received on a global scale. River Link facilitates the seamless transfer of Bitcoin through text messages, offering users a straightforward and user-friendly experience that eliminates the complexities often associated with Bitcoin transactions. Traditionally, sending Bitcoin … Read more
Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC), hinted at a potential shift in the SEC’s perspective regarding spot Bitcoin exchange-traded fund (ETF) applications during an interview with CNBC. In the CNBC interview, Gensler disclosed that the SEC is actively reconsidering its approach to spot Bitcoin ETF applications. “And as … Read more
I’m an attorney. As soon as I found Bitcoin I began thinking about how it would change the justice system, the rule of law, and the ways in which society resolves disputes. That was the topic of my first article for Bitcoin Magazine, which concluded with these words: [W]hile Bitcoin will have a destabilizing effect … Read more
Traditionally, the mining industry has been vilified for its environmental impact and energy use. This article describes the industry where mining can have an immediate positive impact – fossil fuel operations. Background The run-up to November 2023 COP28 in Dubai has seen a flurry of activity from the world’s three largest economies on the question … Read more
As I delve deeper into the realm of Bitcoin and the Lightning Network, I am consistently struck by the potential benefits it holds for humanity. The realization of how inefficient and broken our societal structures are due to the limitations of fiat currency becomes increasingly apparent to everyone. While the spotlight often shines on the … Read more
