The Bitcoin economy is enabling more people to choose their own adventures around the world and optimize their lifestyles.

Reading Time: 4 minutes BAXE is not just a platform, it’s an ecosystem with a vision to take back the internet. As CEO and co founder Christian Moore explains: “This is our mission; I have been blessed by a team of highly intelligent capable executives who are passionate about our dream to use blockchain […]

The Australian financial market regulator, ASIC, has selected five regulatory technology (regtech) companies to the Business Research and Innovation Initiative (BRII) to find a solution to the chal...

Crowdfunding has been around for some time now, and although it has been a hard time for some projects to gain funds, bitcoin could be the answer. Let’s look at the root of the troubles and how crypto could potentially address them. Related Reading | Downward DOGE: Descending Dogecoin Pattern Predicts Deadly Drop The In’s and Outs… Crowdfunding is a practice where you can donate money – including cryptocurrencies such as Bitcoin, Litecoin, and more cryptocurrencies – to projects, associations or people to develop ideas. It is a very powerful mechanism and tool for innovation and supporting social enterprises. Different platforms, such as Kickstarter and Indiegogo have not taken their foot off the brakes; the web 2.0 crowdfunding movement, which has led to the creation of several billion-dollar tech startups, like Oculus, and raised millions of dollars for thousands of causes, is ripe for development. Crypto crowdfunding has the potential to be a network that connects people and their ideas. Today, crowdfunding is dramatically narrowed by its reliance on legacy finance, which limits the vast majority of the world from accessing it. Although this is good in theory, and has worked thus far, the major issue is the reliance on the legacy financial infrastructure, that is not only costly but globally fragmented. BTC: Bitcoin bouncing back after hitting all time high in November 2021. | BTC:USD tradingview.com Most crowdfunding platforms are only found in 30 countries. To date, the costs of operating crowdfunding in this network are very high, due to the many mediating third parties involved. The average crowdfunding platform charges a 7% fee per successful project. Could crypto’s aggressive transaction fees beat out traditional competitors? Crowdfunding & Crypto: A Pair Of Aces… Many platforms have had a hard time with the tight reliance of legacy financial infrastructure; this has made some crowdfunding platforms move over to the “web 3.0” model. One big example is Kickstarter, who has decided to move from its reliance on Stripe to creating its own crowdfunding protocol on other blockchains. This may make sense for equity-based crowdfunding, which can enable the platform and it’s users to invest in new companies and their ideas. A prime example of these worlds coming together was just last year with Bitcoin Smiles, which raised roughly 1.8 BTC. Bitcoin Smiles was an initiative aiming to raise funds and provide free dental care to impoverished people living in rural areas of El Salvador. Another project that can be used as an example is Kivéclair, a development project that educates people about bitcoin in the Democratic Republic of the Congo. Although these are only few examples of early crowdfunding in crypto, these do provide a valid source and hope that bitcoin can still rally through its community of caring bulls and bears. Related Reading | Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think? Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

Reading Time: 4 minutes BAXE is not just a platform, it’s an ecosystem with a vision to take back the internet. As CEO and co founder Christian Moore explains: “This is our mission; I have been blessed by a team of highly intelligent capable executives who are passionate about our dream to use blockchain […]

According to Statista data, the global sports betting industry skyrocketed to a market size of $203 billion in 2020 and is projected to grow at a CAGR of 9% every year to 2025. Following the lifting of the U.S federal ban on sports betting the sports betting revenue in the U.S generated over $1.5 billion, […]

The post Polkadot (DOT) Price to Retest $20 Before Massive Upswing To $65! Buy Opportunity on Horizon? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Over the course of the day’s trading, the larger cryptocurrency market continued to fall, with Bitcoin falling into the $41,000s and Ethereum remaining just above $3,000. Cardano is down 4% to $1.36, and Litecoin is down 2% to $137.39 among altcoins. Terra, on the other hand, continued to gain traction, climbing 2% to $80. DOT …

Discussing macroeconomic trends and their impact on bitcoin, including Jerome Powell's latest pivot, U.S. austerity and conflict in Kazakhstan.

This year has seen a surge in cryptocurrency investment all around the world, and India was no exception. According to recent research, the world’s second-most populous country is poised to be a major player in the global crypto market. Coinstore’s daily traded volume has increased dramatically since it began active operations in June 2021, increasing from $10,000 to $40 million per day. Asian and African countries, which account for over 70% of the market, have seen rapid expansion. But this development came with an even greater price last year. According to statistics from blockchain analytics firm Chainalysis, Indians have visited bogus crypto websites in droves in recent years. Last year, Indians visited crypto scam websites 9.6 million times. The figure was substantially greater in 2020 when Indian users visited crypto scam websites 17.8 million times. Coinpayu.com, adbtc.top, hackertyper.net, dualmine.com, and coingain.app were the top cryptocurrency scam websites frequented by Indians in the past year, according to Chainalysis. Enforcement Directorate confiscate assets worth about $5 million  Several Bitcoin scam instances have been investigated by Indian authorities. The country’s Enforcement Directorate (ED) confiscated assets worth $5 million earlier this month in connection with an alleged cryptocurrency scam using Morris Coin. Scams using cryptocurrency are a top priority for regulators around the world. Crypto frauds are at the top of the North American Securities Administrators Association’s (NASAA) “annual list of top investor concerns,” according to the organization. Furthermore, the US Federal Trade Commission (FTC) recently issued a warning to customers concerning Bitcoin ATM scams.

The post Crypto Scam Websites Remain A Major Concern As Crypto Wave Engulfs India appeared first on Cryptoknowmics-Crypto News and Media Platform.

America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is “only going to get worse” and he published a report on the issue and blamed excessive […]

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An important part of being able to create and drive new innovation, crowdfunding is a broken system that bitcoin fixes.