Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC

Terra’s Founder Do Kwon 'Looks Forward to Building With Bitcoin' — Project Reportedly Acquires $125M in BTCJust recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 million worth of bitcoin on March 21. The following day, bitcoin’s fiat value jumped to a high of $43,079 per unit and there’s been […]

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City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High

While Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called miamicoin (MIA) was launched. The Miamicoin project’s goal was to give Miami’s “citizens and supporters the power to support, improve and program the Magic City.” […]

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Stacks AMM Revealed, Native Bitcoin Swaps Executed With Proof-of-Transfer Protocol

Stacks AMM Revealed, Native Bitcoin Swaps Executed With Proof-of-Transfer ProtocolAccording to a recent report, the first trust-less swap between the Bitcoin blockchain and Stacks protocol has been executed. The co-founder of the Stacks protocol, Muneeb Ali tweeted about the native bitcoin swap and said the progress is a big deal. Trust-less Native Bitcoin Swap Executed With an NFT Called ‘Boombox’ On July 23, a […]

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BTC Supporters Call Price Drop a Mid-Bull Run Break, 2021 Bitcoin Chart Pattern Similar to 2013 Bull Run

After the price of bitcoin touched a high of $64,895 per unit, speculators and skeptics think it might have been the top of the bull run and a 2018-like bear run is next. On Sunday, May 23, bitcoin prices have dropped to a low of $31,107 and bears have managed to take the reigns for […]

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Stacks Network Plans to Leverage BTC’s Proof of Work and Burn Bitcoins

Stacks Network Plans to Leverage BTC's Proof-of-Work and Burn BitcoinsBlockchain startup Blockstack has revealed the company is in the midst of developing a new distributed ledger protocol called Stacks, a chain that leverages the hash power from the Bitcoin Core (BTC) network. Not only is the Stacks network secured by over 45 exahash of distributed hashrate, but its consensus algorithm also burns BTC by […]

The post Stacks Network Plans to Leverage BTC’s Proof of Work and Burn Bitcoins appeared first on Bitcoin News.

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Blockstack Launches Decentralized Applications Store

Blockstack Launches Decentralized Applications StoreThe project that’s building a network for decentralized applications layer for the internet, Blockstack, has announced the launch of a new universal Dapp (decentralized application) store called App.co. The aggregated list of roughly 138 ecosystem-wide applications that offer utility by harnessing the benefits of decentralized technologies like blockchain, cryptocurrencies, IPFS, Zeronet, and more. Also read: […]

The post Blockstack Launches Decentralized Applications Store appeared first on Bitcoin News.

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