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Godfrey Mwirigi

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rating : 4.5

view : 12.5K

posts : 549

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Micheal-Saylor-to-Transition-to-Executive-Chairman
Micheal Saylor to Transition to Executive Chairman

Bitcoin’s Michael Saylor is leaving his role as the CEO of MicroStrategy. Phong Le will take over as the CEO from his post as President. The changes are expected to take effect on Aug. 8. Michael Saylor, a maximalist in the Bitcoin (BTC) camp, has announced that he will leave his post as president and CEO of MicroStrategy, the company he helped create in 1989. In a filing with the U.S. Securities and Exchange Commission (SEC), Saylor said he would relinquish his role as CEO but remain with the business intelligence software firm as its executive chairman. MicroStrategy announced that

2 mins read
Ethereum-Transaction-Fees-Still-Plummeting
Ethereum Transaction Fees Still Plummeting

Ethereum’s transaction fees have remained ultra-low. The average transaction fee on the network as of May was $3.77. The fee has currently plummeted to below $1 Ethereum‘s transaction fees have remained ultra-low despite the price jump since mid-June. Ethereum’s transaction fees are still plummeting. This is after Ethereum’s largest layer 2 protocol Arbitrum launched a new chain that promises ultra-low-cost transactions together with the Scarcer circulation protocol. Arbitrum Rollup Chain is a major development for the Ethereum ecosystem, as it has helped to drive down transaction fees and make the network more scalable, as it is designed to be compatible

2 mins read
Nomad-just-got-drained-over-$150M
DeFi Protocol Nomad Just Got Drained Over $150M

Nomad bridge released an alert about an ongoing hack. Multiple transactions of money were observed leaving the bridge. This attack will have far-reaching implications for the Ethereum network. On August 2, at around 3:00 a.m., Nomad bridge released an alert about an ongoing hack. The protocol’s coffers of over $190 million were emptied during the following hours. White hat ‘samczsun,’ a crypto community developer, broke down the chain of events in a blog post, describing them. He referred to it as “one of the most chaotic hacks that Web3 has ever seen.” Multiple transactions of money were observed leaving the

2 mins read
Shiba-Inu,-proud-to-reveal-the-name-of-the-CCG-game
Shiba Inu, Proud To Reveal the Name of the CCG Game

The SHIB Collectible Card Games (CCG) name has finally been announced. Shiba Inu developers collaborated with Playside Studios. The game will be available to users on both Apple App Store and Google Play Store. The name of the popular Shiba Inu-themed cryptocurrency’s forthcoming card game, which was recently revealed on Twitter, is Shib CCG. The creators of the most well-known dog-themed cryptocurrency announced that the Shib CCG game is officially known as “Shiba Eternity.” The game is a collaboration between Shiba Inu developers and Playside Studios, who are also responsible for the development of popular card games such as Artifact

2 mins read
New-York-urges-crypto-market-crash-victims-to-speak-out
New York Urges Crypto Market Crash Victims To Speak Out

The Attorney General for the State of New York has issued an investor alert. New Yorkers who have been affected by crypto frauds are strongly encouraged to report The cryptocurrency industry has been rife with scams and fraudulent behavior. Letitia James, the Attorney General for the State of New York, has issued an investor alert warning anyone harmed or misled by the cryptocurrency crash to contact her office. Investors have been left in financial ruin as many high-profile cryptocurrency companies have halted customer withdrawals, implemented massive layoffs, or sought bankruptcy. Office of the Attorney General (OAG) is looking for New

2 mins read
nft.tiffany
NTFiff Taking NFTs to a Whole New Level

Tiffany & Co is a world-renowned luxury jewelry and specialty retailer. The pendant will also be made of gold, stones, and enamel. Punk Ventures says that they want to show that NFTs can be used for more than speculation. Tiffany & Co. has launched “NFTiff,” a collection of 250 NFT passes that can be minted and redeemed by CryptoPunks members to create a unique pendant and an NFT digital artwork. The pendant will be designed and made by Tiffany & Co. artists, who will take inspiration from the Cryptopunk owner’s Punk NFT and translate the 87 qualities and 159 hues

2 mins read
Ether-derivatives-trading-is-surging
Ethereum Derivatives Trading Is Surging

Ether derivatives trading is surging amid increased interest. Large traders increasingly speculate on the cryptocurrency’s upcoming transition. Open interest in ether options across top-tier exchanges increases. The value of ether, the native cryptocurrency of the Ethereum network, has surged in recent months as the network has become increasingly popular with developers and businesses. Interest in ether derivatives, which allow investors to bet on the future price of the currency, has also been growing rapidly. Ether-based derivatives are heating up as large traders increasingly speculate on the cryptocurrency’s upcoming transition from proof-of-work to proof-of-stake. Large hedge funds and other institutional investors

2 mins read
Ethereum-Is-Driven-by-Utility-and-Functionality
Ethereum Is Driven by Utility and Functionality

Ether is the native asset of the Ethereum platform. Transferring Ether from one wallet to another is relatively inexpensive. People want to hold Ether similar to how people want to hold oil. Ether is the native asset of the Ethereum platform, meaning it’s used in order to process any transaction or state change on the blockchain. Users and developers use Ether as “gas” in order to “fuel” the applications that run on Ethereum; this “gas” is sent to the miners as a reward for validating the transaction.Each computation has a set gas price, meaning that the more complex the transaction,

2 mins read
11-Year-Cryptocurrency-Prediction-Turning-into-Reality
11-Year Cryptocurrency Prediction Turning into Reality

11 years have surpassed since the prediction was done. Bitcoin mining is dominated by a handful of large companies. We’ve seen a dramatic shift in the bitcoin mining landscape. In 2011, a Reddit user made a post on the bitcoin subreddit that accurately predicted the future of bitcoin mining and renewable energy. In his post, the user argued that as bitcoin mining difficulty increased, miners would eventually turn to alternative energy sources such as solar and wind power.  He also predicted that the mining industry would consolidate into a few large players who could afford to invest in renewable energy.

2 mins read
Addresses-Holding-0.1+-Bitcoin-Hit-a-New-All-Time-High
Addresses Holding 0.1+ Bitcoin Hit a New All-Time High

The number of addresses with 0.1 or more bitcoin has reached a new all-time high of over 3.7 million. This is a very positive sign for the future of cryptocurrency. Bitcoin’s market dominance is currently at 67.7%. The number of addresses holding 0.1+ bitcoin just hit a new all-time high of over 3.7 Million. That’s an increase of roughly 1 Million addresses in just the past six months. This is a testament to the growing interest and adoption of Bitcoin, as more and more people are becoming aware of its potential as a store of value and investment asset. The

2 mins read
Maximalist-Opens-up-Against-Ethereum;-Reports
BTC Maximalist Michael Saylor Opens up Against Ether

Michael Saylor opened up on why he believes Ethereum is unethical. Saylor claims that the securities laws have their basis in the Decalogue. The basis of securities laws is thou shall not lie, cheat or steal. In a recent tweet, noted cypherpunk Michael Saylor opened up on why he believes Ethereum is unethical. Saylor, the CEO of enterprise software company MicroStrategy, has been an outspoken critic of Ethereum and other cryptocurrencies. In his tweet, Saylor said that Ethereum is “inherently unethical” because its existence violates securities laws. He added that Ethereum is “a textbook example of fraud.” Saylor’s comments come

2 mins read
Total-Crypto-market-cap-keeps-pushing-up
Total Crypto Market cap Keeps Pushing up

The cryptocurrency market capitalization is now $1.019 trillion. On July 18, crypto traders celebrated as the overall market capitalization reclaimed $1 trillion. The market is being driven by factors including strong technical indicators. The cryptocurrency market capitalization has grown to $1.019 trillion, with Bitcoin’s dominance rate standing at 41.6 percent. The total value of all cryptocurrencies has increased by $274 billion in the past week. On July 18, crypto traders celebrated as the overall market capitalization reclaimed $1 trillion after weeks of widespread selling following Bitcoin (BTC) price plunging below $18,000.  BTC’s Dominance chart, source: trading view Data from TradingView

2 mins read