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Cole Petersen

Cole Petersen

Cole is a freelance writer based in southern California, where he’s an undergraduate studying philosophy. He focuses primarily on covering cryptocurrency and blockchain-related news. He owns a variety of cryptocurrencies totaling less than $1,000 USD.

Stories by Cole Petersen

  • Will Coinbase's $100 million airdrop affect the price of Stellar Lumens?

    Coinbase announced an airdrop of one billion Stellar Lumens ($100 million) this week in a bid to boost crypto education and keep its users happy. Coinbase users who watch educational videos about Stellar—a cryptocurrency designed for cross-border payments—and share them to their friends will earn up to $50 of tokens. This comes hot on the heels of Blockchain.com’s giveaway of $125 million worth of Stellar late last year. This was to encourage its users to go through know-your-customer profiles,...

    NewsCoins
    3 min read
    Cole Petersen

  • CryptoKaiju releases V2 of blockchain-based, vinyl collectibles

    A year after launching the first-ever, Ethereum-based, collectible vinyl toy, UK-based CryptoKaiju is today releasing V2 of its popular collectibles. Will the new batch be as highly coveted as V1? The latest collectible toy, the “Jaiantokoin”—which seems to be CryptoKaiju’s version of katakana-ized Japanese for “giant token”—will sell for $55, and is similar in look and functionality to the first generation. Styled as an anthropomorphic crypto figure, the vinyl figure is embedded with a tamper-r...

    NewsCoins
    2 min read
    Cole Petersen

  • Justin Sun keeps paying people to use Tron blockchain

    Tron just can’t seem to help itself from paying people to use its blockchain. Its latest move is to incentivize users to transition away from the widely used stablecoin (USDT) created by Tether for use on the Bitcoin network, and towards Tether’s Tron-based version (TRC-based USDT,) on the Tron network, by offering a whooping 20% interest rate. In a press release today, Justin Sun, Tron’s founder, spoke about his latest ploy: Tron is “offering some amazing early incentives, totalling the equival...

    NewsCoins
    3 min read
    Cole Petersen

  • Cardano approaches major upgrade Shelley with version 1.5

    The cryptocurrency Cardano, which is the 11th largest with a market cap of nearly $1.4 billion, released version 1.5 today which is an important step toward its highly anticipated Shelley release, getting it closer to ditching cryptocurrency miners and running as a proof-of-stake blockchain. The latest version introduces a number of changes aimed at smoothing over the transition from Byron—its current state—toward Shelley, which fans have been anxiously awaiting. Among other things, the Shelley...

    NewsCoins
    2 min read
    Cole Petersen
  • photo credit: Shutterstock

    Crypto exchange Binance offers cash-to-Bitcoin service in Australia

    Binance is continuing to make it easier for its customers to buy Bitcoin. Once just a crypto-to-crypto exchange, it has since created several fiat-to-crypto gateways, and has even added credit-card support so users can buy Bitcoin. Today, it added a service that allows users to deposit cash into their Binance accounts at more than 1,300  newsagents across Australia. This makes it much easier for Australian customers, who had to previously buy Bitcoin using an alternative service, such as Coinbas...

    NewsCoins
    2 min read
    Cole Petersen