Education

Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund
Bitcoin, Education

Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund

The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its ongoing Bitcoin Development Fund.Launched in May 2020, the Bitcoin Development Fund is primarily focused on improving the Bitcoin network’s privacy, usability and security. The Foundation said that it will focus this particular round of grants on expanding Bitcoin education and translation as well as Bitcoin core, lightning and wallet development.According to the organization’s press release, it will divide these grants between a number of recipients, including developers Jarol Rodriguez, Farida Nabourema, Roya Mahboob, Anita Posch and Meron Estefanos. Several projects will also receive a grant from the Fou...
10 women who used crypto to make a difference in 2021
Analysis, Education

10 women who used crypto to make a difference in 2021

This year, new research showed that there’s still a long way to go before there is gender parity in the crypto and blockchain space. WEF’s April Global Gender Gap Report 2021 found that it will take close to 135.6 years to close the gender gap due to the COVID-19 pandemic.However, that hasn’t stopped these women who used blockchain technology and cryptocurrency to tackle a whole range of social issues ranging from girls’ education in developing countries to the wealth gap in black communities in the United States. In no particular order, these 10 women are changing the world using crypto one block at a time.Tavonia EvansTavonia Evans is the founder and lead engineer of GUAP Coin, which she created to help close the wealth gap and support black-owned businesses in the United States. Despite...
Make a wish: New Year’s resolutions from crypto industry insiders
Blockchain News, Education

Make a wish: New Year’s resolutions from crypto industry insiders

As the new year rapidly approaches, people are thinking about what they can do to make 2022 even better than 2021. With so much anticipation for cryptocurrency in the coming year from government policymakers and market action, it’s no wonder that some in the crypto industry have ambitious resolutions for the new year with how they will help to shape the industry for the better.National governments have taken steps to increase the global adoption of blockchain technology right up to the end of 2021. Late in the year, governments from Australia, Kazakhstan, Brazil and the Eastern Caribbean launched, or made public, their plans regarding central bank digital currencies (CBDCs). The United States Senate heard testimonies from crypto company executives in December, and Thailand’s governmen...
Pew Research Center: At least 16% of Americans have owned crypto
Bitcoin, Education

Pew Research Center: At least 16% of Americans have owned crypto

A survey released by the Pew Research Center on Thursday found that roughly 16% of Americans have invested, traded or used some form of cryptocurrency. The number jumps to 31% for people aged 18–29, and even higher to 43% for males in the same age bracket. Black, Hispanic and Asian participants in the study were also each more likely to have invested in crypto than those who identified themselves as white. There seems to have been no disparity by income. Pew Research Analyst Andrew Perrin said:“We do see now that a large share of the American public has heard at least a little about cryptocurrencies. It was striking to see how there are demographic differences in awareness and use of cryptocurrencies.”The survey’s sample consisted of 10,371 adults selected from the center’s American T...
El Salvador to build 20 ‘Bitcoin Schools’ with surplus from Bitcoin Trust
Bitcoin, Education

El Salvador to build 20 ‘Bitcoin Schools’ with surplus from Bitcoin Trust

The government of El Salvador is embarking on its next Bitcoin-related project, which involves building schools using profits the nation has made on the asset.Profits or the “surplus” from the state’s Bitcoin Trust account will be channeled into the construction of 20 schools, according to President Nayib Bukele. On Tuesday, the press secretary of the presidency tweeted:“When this project was started, we had not made as much money in FIDEBITCOIN [state BTC Trust account] as we have made now. So we have decided to make the first 20 Bitcoin Schools.”Bukele’s spokesperson also stated that profits from previous Bitcoin (BTC) purchases will go toward benefiting the people and no Salvadoran taxes will be touched for the new project.Local media reported that the construction of the 20 new sc...
Anyone who studies Bitcoin ends up investing in it, says Scaramucci
Bitcoin, Education

Anyone who studies Bitcoin ends up investing in it, says Scaramucci

Investors who study Bitcoin (BTC) carefully are eventually convinced to own a stake in the cryptocurrency, according to SkyBridge Capital CEO and founder Anthony Scaramucci.In a Monday interview with CNBC’s Capital Connection, Scaramucci — who also served a 10-day stint as President Donald Trump's communications director — urged investors to “do the homework on Bitcoin” and “understand what it is.” He also suggested that investors read the white paper written by anonymous Bitcoin creator Satoshi Nakamoto.Understanding Bitcoin inevitably leads to growing adoption as many prominent investors around the world realize the potential of the cryptocurrency, Scaramucci said:“Anybody that does the homework ends up investing into it. Look at Ray Dalio, a Bitcoin skeptic, now a Bitcoin inve...
NFTs of empowered women aim to drive female engagement in crypto
Analysis, Education

NFTs of empowered women aim to drive female engagement in crypto

The market for nonfungible token, or NFT, digital artwork is taking on the traditional art industry. Within the first six months of 2021, analytics firm DappRadar recorded $2.5 billion in NFT sales, showing a major increase from the $13.7 million in sales during the same time period in 2020. Christie's auction house reported $93.2 million in NFT sales during the first half of 2021. In addition to impressive sales, the NFT marketplace OpenSea, which reportedly hosts 98% of the entire market’s transactions, registered $4 billion in NFT trading volume during August this year. While the rise of blockchain-based digital artwork is notable, many of the artists responsible for creating today’s most sought after NFTs are men. For instance, digital artist Mike Winkelmann — better known as...
Jelurida will launch 30-day blockchain education campaign across East Africa
Blockchain News, Education

Jelurida will launch 30-day blockchain education campaign across East Africa

The African arm of the company behind the Ignis, Nxt and Ardor blockchains will be launching a multi-country tour to provide blockchain education in the public and private sectors.According to information provided to Cointelegraph, Jelurida Africa said it would begin a blockchain expedition starting with Tanzania’s self-governing state of Zanzibar on Oct. 23 before continuing on to Kenya, Rwanda, Uganda, Zambia, Malawi, Mozambique, Zimbabwe, and Tanzania. The group aims to promote blockchain education with meetups in universities, financial institutions and public offices. The team of distributed ledger technology and smart contract experts said it plans to reach out to local lawmakers and private firms as well as developers and blockchain enthusiasts in the respective countries as part of...
Indian university joins Hedera decentralized governance council
Blockchain News, Education

Indian university joins Hedera decentralized governance council

The Indian Institute of Technology Madras (IITM) has become a member of the Hedera Hashgraph council for decentralized governance.IITM is one of the top institutes for technical education in India, which falls under the direct jurisdiction of India’s Ministry of Education. As a member of the Hedera Governing Council, IITM has become one of the 39 global organizations that run initial network nodes for governing the Hedera public ledger built on distributed ledger technology (DLT).In addition to advancing DLTs capabilities in education and research, IITM plans to test use cases around public blockchains for payments via Hedera Consensus Service and the Hedera Token Service. Professor Prabhu Rajagopal from IITM’s Center for Nondestructive Evaluation spoke about helping other council members ...
Traders know not to ‘go long’ when this classic trading pattern shows up
Altcoins, Education

Traders know not to ‘go long’ when this classic trading pattern shows up

Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend.A “descending channel,” also known as a “bearish price channel” is formed by drawing two downward trendlines, parallel to each other, which confine the price action of the asset.Descending channel basicsIn a downtrend, the price action forms a series of lower highs and lower lows. A descending channel is drawn by joining the lower highs and the lower lows using parallel trendlines. The main trendline is drawn first where two or more lower highs are connected. Then a parallel line, also called the channel line, is d...