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Missouri Mayor Jayson Stewart plans to give every household in Cool Valley $1000 worth of Bitcoin. Missouri Mayor Jayson Stewart plans to give every household in Cool Valley $1000 worth of Bitcoin. Cool Valley, Missouri, a small town in the St. Louis County area, has about 1,500 residents. Jayson Stewart told Bitcoin Magazine in an interview that Bitcoin has “given me a new way of thinking about humanity in the future.” He continued, “It's given me a hope, and an optimism that we can overcome some of the worst parts of the system that we're born into, and actually create a future exactly how we want it to be. There's a certain level of hope and optimism that I get from Bitcoin.” Initially Stewart planned to raise enough money to airdrop just $500 to every household in Cool Valley, however, his announcement drew attention and additional funds from across the nation.  “As of right now, the project is fully funded for $1,000 per household,” Stewart told Coin Telegraph , addin

Kawaii Islands is an NFT play-to-earn (P2E) game that will be rolled out this month. This game has a Manga/Anime style with a wide range of entertainment factors gamified with DeFi on blockchains.  According to reports , Kawaii Islands recently concluded a USD 2.4 million round of a private token sale. The funding round was carried out by organizations like Signum, MapleBlock, Polygon, OKEx Blockdream Ventures, SL2, DFG, and KardiaChain . As well as, JSquare, AU21, Rikkei Capital, KardiaChain, Chainboost, Polkastarter. Source: Kawaii Island Along with Mapleblock, DFG, and Jsquare, numerous investors from the crypto and business sectors have backed Kawaii Islands’ concept of “play, connect, create, and earn” gaming. The CEO of Mapleblock, Vijay Garg, said: “Kawaii Islands has strong design elements and fun mechanics that were inherited from its predecessor game series.” Kawaii Islands Roadmap On the other hand, Kawaii Island’s roadmap also shows their plans to carry out their native to

Here’s everything you need to know about Dogecoin – Its past, present, and future The story of Dogecoin or DOGE, a cryptocurrency that began as a joke however is currently perhaps the most well-known coin around, would have you accept that the sentence above is all you need to think about Dogecoin? As it were, they’d be correct. Dogecoin doesn’t need a ton of reasoning. So here we at Analytics Insight present the past, present, and future of the DOGE.   The Historical Backdrop of Dogecoin It began as a joke. Bitcoin, the original cryptocurrency, was a great technological advancement that let anybody trade digital money at low expenses and without the need to request anybody’s permission. But Bitcoin was likewise open-source, which means everybody could duplicate it or copy it, and at a certain point, everybody did, with clones, for example, Litecoin and Peercoin came up all over the place. Dogecoin is an interesting rather hilarious response to this pattern. Made in December 2013 by so

Read about the top cybersecurity trends that you can’t ignore for the upcoming year. Cyber attacks are not new in fact they are increasing with the evolution of modern technologies and the world transforming digitally. Cybercriminals can capture your personal information and can expose it or even shut down your entire business operations by exposing confidential information. Facebook, Dominos, Microsoft, and many more are the victims of such types of cyber attacks. With companies shifting to remote work since the pandemic began, they have become more vulnerable to malicious attacks. To overcome such attacks you must keep a close watch on the emerging trends in cybersecurity . This article will focus on the top cybersecurity trends for 2022.   1. User Awareness Customers are the main victims of cybercrimes as their information is exposed by hackers. Every organization, thus, should come up with measures to strengthen the safety of their organization and protect their customers. It is

Bitcoin prices have been both hot and cold. The freeze of September 20 was countered by the warmth of September 22, which offered a relief rally for permabulls. When writing, BTC prices are pretty much constant, oscillating within a tight range above January 2021 highs. Waving Bitcoin Price Action The bounce from the expected reaction zone was a sigh for traders who, after September 20 dip, expected the worst. Admittedly, even with these losses, the uptrend is still shaky from an Effort-versus-Results perspective. For example, in the weekly chart, there is a double bar bearish reversal pattern. At the same time, in the daily chart, BTC prices are still trending below the 20-day moving average. Besides, despite the recovery of September 22, the bar has lighter trading volumes. From volumes analysis, this is week and doesn’t bode well for chartists who still sense weakness in the uptrend, potentially more room for even more losses in the days ahead. Bitcoin On-Chain Indicators Interesti

If you’ve ever had to take out a loan, you know just how many documents are involved in the approval process. It’s a lot. The process is tedious and time-consuming, and in many more cases than you’d expect — still manual. Ocrolus is a startup that is hoping to change that with an automation platform that it says analyzes financial documents with over 99% accuracy. To that end, the New York-based company today has announced that it has raised $80 million in Series C funding toward its mission of helping lenders automate the underwriting process. Fin VC led the financing, which values New York-based Ocrolus at “north of $500 million” and brings its total funding raised since its 2014 inception to over $100 million. Thomvest Ventures, Mubadala Ventures, Oak HC/FT, FinTech Collective, QED Investors, Bullpen Capital, ValueStream Ventures, Laconia, RiverPark Ventures, Stage II Capital and Cross River Bank also participated in the latest round. The company is one that is refreshingly transpa

“This is a generation that grew up hopeful and dreaming about their future through educational opportunities,” said Women for Afghan Women’s U.S. country director Naheed Samadi Bahram. Non-fungible token company Bookblocks.io has partnered with a New York-based organization to help women in Afghanistan have access to education amid the Taliban takeover. Bookblocks.io announced it would be releasing a non-fungible token, or NFT, on Oct. 5 with the proceeds given to Women for Afghan Women, an organization which helps provide women access to education and vocational training in both Afghanistan and the United States. The artwork, inspired by American author Louisa May Alcott, features half a woman’s face covered by a single butterfly wing with the quote “nothing is impossible to a determined woman.” When the Taliban took control of Afghanistan in the 1990s, they banned education for almost all women and girls. History has practic

Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021. Major Bitcoin ( BTC ) mining company Genesis Digital Assets has secured $431 million in funding to expand its industrial-scale mining operations in the United States and Nordics. The new funding round was led by Paradigm, one of the biggest cryptocurrency investment companies backing major industry players like Coinbase and FTX. Paradigm co-founder Matt Huang has also joined Genesis Digital’s board of directors, the firm announced on Sept. 21. Other investors include the $11 billion asset manager Stone Ridge and its Bitcoin subsidiary NYDIG and several venture capital firms and investment management firms like Ribbit, Electric Capital, Skybridge and Kingsway Capital, and FTX crypto exchange. Kingsway previously led a $125 million equity funding round for Genesis in July 2021. Genesis Digital CEO and co-founder Mar

Russian cryptocurrency exchange Suex has been sanctioned by the United States Treasury for allegedly facilitating transactions for ransomware attackers—estimated at more than $160 million worth of Bitcoin . Today's move makes Suex the first crypto exchange to be designated as such by the government agency. The Treasury’s Office of Foreign Assets Control (OFAC) alleges that the exchange aided in transacting funds obtained through illicit means, including transactions linked to at least eight ransomware variants. The agency’s analysis suggests that more than 40% of known transactions were associated in some way with such activities. Suex has been added to OFAC’s Specially Designated Nationals and Blocked Persons list, which means that U.S. residents and businesses are barred from doing business with the firm. The move comes amidst a push by the Biden administration to combat ransomware , following a string of high-profile attacks earlier this year. Ransomware is a type of software-

The Solana Foundation says bots spammed the Grape Protocol IDO on Raydium with 400,000 transactions per second, bringing the network to its knees. Solana has attributed the 17-hour outage it suffered last week to a denial-of-service attack aimed at Grape Protocol’s Sept. 14 initial DEX offering (IDO). In a Sept. 21 blog post , the Solana Foundation stated that bots spammed the network as Grape launched its IDO on the Solana-based decentralized exchange (DEX) Raydium at 12:00 UTC last Tuesday. The botting activity overwhelmed the network with a transaction load of 400,000 per second, with Solana noting that “unbounded growth of the forwarder queues and resource-heavy blocks” resulted in a number of forks being automatically proposed to the network. The attack caused Solana’s network’s validators to crash after running out of memory. As a result the network went offline for roughly 17 hours during Sept. 14 and Sept. 15. The re

The Bitcoin (BTC) balance on exchanges is on the decline, at least, for the past few weeks, as highlighted by Glassnode’s on-chain data. There seems to be an increase in the demand for accumulated BTC on trading platforms, a trend that brings into question where the funds are going into. Bitcoin has seen a tumultuous 1 year, and the current balance on exchanges has reached a new multi-year low of 13.0% of circulating supply this week. This level has not been seen since February 2018 where the price of Bitcoin was hovering around $6,000 to $10,000. According to Glassnode, the turning point which defined the current valuation of Bitcoin began following the broad market crash of March 2020, in which prices were lowered to $3,800.  The crash at the time also affected the mainstream financial market, and it gave a number of institutional investors the needed impetus to consider investing in the premier cryptocurrency. The adoption by the institutional investors pushed the price of Bitcoin

During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent quantity of cross-chain blockchain bridges these days and it has allowed users to do a variety of different decentralized finance (defi) techniques. Interestingly, a great deal of bridges connect to the Ethereum ( ETH ) network, as they have Ethereum Virtual Machine (EVM) compatibility. Since these connections have been made, a great deal of value has been flowing between a myriad of chains and the Ethereum blockchain. The following post mentions a number of bridges cryptocurrency participants can use to achieve cross-chain swaps. Tezos Wrap Protocol Bridge The Tezos (XTZ) blockchain is a proof-of-stake (PoS) blockchain network that leverages validating nodes often referred to as bakers. XTZ users have the a

Magnum Real Estate is set to accept bitcoin as payment for a three-store retail condominium in Manhattan’s East Side. Major real-estate opportunity for bitcoin investors Magnum Real Estate is accepting the $29M payment for a three-store retail condominium space in Bitcoin, which would make it the first major income-producing real estate investment opportunity in the U.S. for Bitcoin investors.   The building at 385 First Avenue contains turnkey retail condominiums, located on Manhattan’s East Side. The three retail spaces are currently leased to M&T bank, Mighty Pita Restaurant, and ProHEALTH Urgent Care Clinic. Magnum’s bullish outlook on crypto Magnum Real Estate was the first New York company to accept crypto for its prime real estate. Ben Shaoul, managing partner at Magnum Real Estate, embodies the company’s bullish outlook on cryptocurrency. Their continuing partnership with BitPay who will receive the payment in Bitcoin on behalf of Magnum, and deposit the dollars into the

Facebook is in the hot seat again. The Wall Street Journal published a powerful multi-part series on the company this week, drawing from internal documents on everything from the company’s secretive practice of whitelisting celebrities to its knowledge that Instagram is taking a serious toll on the mental health of teen girls . The flurry of investigative pieces makes it clear that what Facebook says in public doesn’t always reflect the company’s knowledge on known issues behind the scenes. The revelations still managed to shock even though Facebook has been playing dumb about the various social ills it has sown for years. (Remember when Mark Zuckerberg dismissed the notion that Facebook influenced the 2016 election as “ crazy ?”) Facebook’s longstanding PR playbook is to hide its dangers, denying knowledge of its darker impacts on society publicly, even as research spells them out internally. That’s all well and good until someone gets ahold of the internal research. One of the bigge