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Dogecoin’s Surging Price Has Resurrected Its Technical Development

It was all a meme.  Well, Dogecoin still is a meme – just a more expensive meme. And as the price rises from the depths, Dogecoin’s historically scattered development is rising with it. Take Dogecoin lead maintainer, Ross Nicoll, for example. His last commitment on Github came in October of 2019, but in the past …

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Unlike the Early Web, Crypto Does Not Need State Patronage

Popular myth would have you believe the entrepreneurs and CEOs working in the internet and technology sectors have built up their companies from scratch. This, however, would overlook the enormous role government investment has played in making funds available for the research and development of the products and services these companies offer.  The first computers …

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Crypto Is the Libertarian Cheat Code in the Final Battle Over State Coercion

In the great game of the world economy, the final boss victory for crypto would be to rob nation-states of the ability to issue legitimate money – at least, that would be the libertarian win condition. “Everyone who has been around long enough in crypto, if you scratch off the surface, is a closeted but …

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Rare Hashmasks Digital Artwork Sells for $650K in Ether

A demonic digital artwork on the Ethereum blockchain has been sold for a small fortune via peer-to-peer marketplace OpenSea. Selling for 420 ETH (roughly $650,000 at the time of purchase on Wednesday), the collectible non-fungible token (NFT)-based artwork is known as a Hashmask. The buyer, @seedphrase on Twitter, posted: The Hashmask platform, from Switzerland-based Suum …

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Elon Musk Breaks Pledge to Stay off Twitter, Returns to Praise Dogecoin

Dogecoin (DOGE) surged more than 50% on Thursday morning to trade around $0.059 per coin. The news was apparently welcomed by Elon Musk who made several tweets about the cryptocurrency, despite a pledge two days ago to stay off Twitter for “a while.” In one, Musk shared a Lion King-inspired Meme featuring a photoshopped image …

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Saylor, MicroStrategy Offer Playbook for Corporate Bitcoin Adoption at Annual Summit

Michael Saylor, the MicroStrategy CEO-turned-king of bitcoin treasuries, called upon fellow business executives Wednesday to avoid the path of financial “serfdom” at his virtual WORLD.NOW bitcoin-themed conference. In his solo address, Saylor detailed the cryptocurrency playbook that propelled his three-decade-old data firm to newfound relevance in less than a year. Largely eschewing the near-mystical rhetoric …

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Bitcoin Surges to $37K After Elon Musk Adds Crypto to Twitter Bio

Bitcoin witnessed a sudden double-digit spike to 10-day highs on Friday. The top cryptocurrency picked up a bid near $32,000 at around 08:30 UTC and jumped to $37,050, the highest level since Jan. 19, according to CoinDesk 20 data. The 15.7% rise happened in less than 15 minutes and more than reversed the early dip …

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Why Did Bill Miller and His Son Buy MicroStrategy Debt? It’s the Bitcoin

Taking part in MicroStrategy’s recent $650 million convertible senior note offering was basically getting an almost-free call option on bitcoin, Bill Miller IV, the son of legendary investor, said. CORRECTION (Jan. 24, 20:41 UTC): Corrects to note that it was the younger Miller who spoke on behalf of the fund, not his father, the legendary investor …

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How Cultural Differences Drive User Adoption in DeFi

At the end of 2020, I wrote about the cultural differences of Eastern and Western crypto communities. As we kick off 2021, I’d like to unpack the story of SushiSwap and Uniswap and build on the theme of how cultural differences can explain why both ultimately succeeded, despite being direct competitors with virtually identical products. …

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