What is Bitcoin Mining? The Complete Guide What is bitcoin mining? Bitcoin mining is the pillar that keeps the Bitcoin system upright, functioning, and thriving. It is based on a type of governance mechanism called a distributed proof-of-work (PoW), designed to incentivize participation and facilitate Bitcoin’s network growth, security, and decentralization. Bitcoin issuance is identified as mining because it recalls mining gold […]
Thailand SEC to apply strict guidelines for crypto ads Thailand’s Securities and Exchange Commission (SEC) will implement stringent advertising rules for cryptocurrency firms operating in the country by October 2022. The Thai SEC informed cryptocurrency-related businesses operating in the country via email that adverts concerning digital currencies must have clear investment warnings to consumers on Sep. 1. The statement was later posted on the […]
Celsius Shortfalls, Ethereum Dates, Federal Guidelines, Canadian Caps and 20 Crypto Jokes Another week filled with ups and downs in the crypto market. This time, it was Acala Network’s turn to get hacked, which was in line with the latest Chainalysis report that found an increase in crypto hacking and theft indices this year. Meanwhile, Terra’s Do Kwon sparked more Twitter drama. Further, Celsius Network revealed a […]
DApps Scaling – A Detailed Guide For Beginners and Professionals In the fast-moving world and rapidly developing decentralized applications (dApps), there are multiple industries where blockchain has found its applications. Many blockchains that primarily existed in the crypto world are isolated from one another due to which the users have to face trouble in moving assets from one network to the other. The absence of […]
How Do Bitcoin Covenants Work? – Bitcoin Covenants Guide 2022 Bitcoin was launched earlier in 2009. Initially, it was not accepted, and people were highly frightened to accept it. They didn’t know the value of it, and at that time, its value was very less. Its acceptance in the business world seemed a dream or difficult. The success of Bitcoin has revolutionized the financial and […]
UK's New Financial Promotion Guidelines Don't Include Crypto—Yet UK’s Financial Conduct Authority (FCA) today introduced tougher rules for advertising high-risk financial products such as non‑mainstream pooled investments, speculative illiquid securities, and peer‑to‑peer (P2P) platforms, among others. The FCA also stressed that the new guidelines don’t yet apply to crypto promotions, which will have a separate set of rules once the government and parliament […]
How To Get BTC Anonymously? – Anonymous Bitcoin Wallet Guide 2022 Satoshi Nakamoto set the foundations of a financial system that doesn’t depend on a central controlling body or a third party to facilitate a financial transaction. It was not only decentralized but also allowed its users to transact the funds anonymously. In this piece of writing, we’ll discuss the reason behind the anonymous use of […]
How To Learn About Bitcoin Using Video Tutorials This is a transcribed version of the Bitcoin Magazine Podcast, hosted by P and Q. In this episode, they are joined by BTC Sessions to talk about his process of making educational Bitcoin content. Watch This Episode On YouTube or Rumble Listen To The Episode Here: Transcript [00:00:06] Q: I'm very, very excited to introduce […]
Our Company Survived a Crypto Winter and Will Do It Again: Here’s Our Survival Guide for Crypto Businesses Source: AdobeStock / alfa27 Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake. __________ Crypto winter, recession, or bear market are just a few of quite numerous monikers that the media uses to describe the current situation. Even though it’s not the first time this has happened, you may be confident that […]
Your Guide For Using Bitcoin Privately This article originally appeared in Bitcoin Magazine's "Censorship Resistant Issue." To get a copy, visit our store. The right solution for you will probably involve one or more of these systems working together to balance and mitigate risks present in your context. Think about who you are trying to be private from and choose accordingly. […]
Security vs. Utility Tokens: A Detailed Guide For Crypto Traders Bitcoin was the first digital currency, but hundreds of other cryptocurrencies have since emerged on blockchains that offer specific solutions and solve problems for people across the globe. The coin type is classified according to different categories, just like any other industry. As one of many factors contributing to blockchain technology’s success, using tokens is […]
Bitcoin ATMs — An Easy Guide To Bitcoin Teller Machines What Is A Bitcoin ATM? A Bitcoin ATM is a machine that buys or sells bitcoin for cash. These ATMs look like traditional ones, but they do not connect to a bank account. Instead, they connect the customer with a Bitcoin exchange. Bitcoin ATMs can be a quick and easy way to buy bitcoin, and […]
Crypto Payment Gateways – A Complete Guide For Beginners Cryptocurrencies are growing in popularity at an incredible rate, and there is no indication that this trend will abate any time soon. There are a lot of different digital currencies available to trade, and many of them have been around for quite a while. The advantages of using a cryptocurrency exchange are clear and substantial. […]
Crypto City: The ultimate guide to Miami Miami is fast becoming one of the major hubs in the crypto world with more and more blockchain companies moving to the city each year. Miami famously plays host to the Bitcoin Conference each year, and digital assets have been embraced by the mayor and the wider population. Here’s your ultimate guide to the crypto […]
President of Panama shoots down crypto bill citing FATF guidelines Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697 dubbed the “crypto bill” saying it requires more work to better fit Panama’s financial regulations. President Cortizo previously warned in May he wouldn’t sign the bill unless it included additional Anti-Money Laundering rules after Panama’s National Assembly passed the crypto bill in late April 2022. […]
Unguided Bitcoin, Ethereum in Ropsten, Open PayPal, Litecoin Delisting, Friendly Senators and 20 Crypto Jokes
An Easy Guide To Use The ColdCard Bitcoin Hardware Wallet This is an opinion editorial by Arman The Parman, a Bitcoin educator passionate about privacy and contributor to Bitcoin Magazine. Make sure you go through the other piece “Using Bitcoin Hardware Wallets” first. I will skim through some steps and focus mostly on what is specific to ColdCard here. This guide will be appropriate for […]
How to Buy a House with Bitcoin: A Guide for the Crypto Rich Source: Adobe/leungchopan The acceptance of digital currencies like bitcoin (BTC) as a payment method continues to grow globally. Bitcoin payment providers like BitPay and BTCPay Server are making it easier for anyone to purchase a wide range of items, including real estate properties, with digital currency. Read on to learn how you can buy a […]
Germany publishes first tax guide for crypto: ETH and BTC sales are tax-free We might be in a deep dip, implementation of regulation still continues. The German Ministry of Finance published a so-called ‘BMF letter’ that states how you can regulate the income tax of crypto. It is the first time that such information has been released about cryptocurrency. What is this letter? The Treasury Department described the […]
Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free The Federal Ministry of Finance (BaFin) published a 24-page document on May 10 outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and individual taxpayers now have clear direction on the tax requirements of acquiring, trading and selling cryptocurrencies. The key takeaway is that individuals that sell BTC or ETH after […]
What is Ethereum (ETH)? A Beginner's Guide to the Smart Contract Blockchain Ethereum, the second-biggest cryptocurrency after Bitcoin, is a blockchain-powered platform for creating decentralized applications (dapps). Where Bitcoin was designed as a currency and a store of value, Ethereum is a decentralized network for running smart contracts—code that runs on a peer-to-peer network and is verified by Ethereum's blockchain. The idea is to create applications that […]
