Interview: Trading Our Time To Earn Bitcoin With Math Cannot Be Banned

Due to the incredible blunder made by Mt. Gox yesterday, we have decided to add Mt. Gox to our list of Banned Bitcoin Services. This means that we warn our readers from using Mt. Gox. They have to come up with a significant apology to the entire Bitcoin community until we will even think about removing them from the list. Some good alternatives for trading Bitcoins are Bitstamp.net and Coinbase. We are not the only ones feeling irritated. Unanticipated bugs don't come with year-old wiki pages fully documenting them. Gox is full of shit: https://t.co/9htPeb6ytM. - AndreasMAntonopoulos....

Using Ethereum (ETH) as my specimen I watched prices gap lower and run directly into support, and in the case of ETH it was a simple math calculation establishing $166 per coin as a dependable level of support, and the sell off held this support level trading to $170 before reversing. I think it is important to ask what should happen now. Let’s review the price action and examine the technical analysis logic we have been using. In 2017 ETH traded from $18 to $408 and sold off more than 50% trading down to $170, if you do the math $170 was about a 62% retracement which is standard in....

OKEx Earn, a collection of DeFi services offered by the global crypto spot and derivatives trading giant OKEx allows users to earn passive income from their crypto holdings. The Earn program offers a range of services with the potential to generate good returns over time while allowing users to hold on their crypto assets. According […]

Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project started, Anchor Protocol’s earn rate is now roughly 18% APY for the month of May. Defi Lending Protocol Anchor’s Earn Rate Adjusts Downward The lending platform Anchor Protocol is the third-largest defi protocol today with $16.5 billion total value locked (TVL). Statistics show that....

Chain engineer Erik Rykwalder wrote an educational blog post yesterday, The Math Behind Bitcoin. Specifically, Erik concisely explains some of the fundamentals of Elliptic Curve Digital Signature Algorithm (ECDSA). When the term "key", "key pair" or "private/public key" is used in Bitcoin it means an ECDSA key pair. These keys are mathematically linked and can be used to encrypt and decrypt data. Bitcoin needs a bit more than just ECDSA key pairs to transfer ownership of bitcoins, however. Core developer Gregory Maxwell dropped by the Reddit post to explain some of those subtleties. As....