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Twitch Streamer Amouranth Bought A Gas Station For -$110,000 Using Rich-Person Math

10.11.2021
Yes, the headline is correct. The popular Twitch streamer Amouranth did in fact purchase a gas station. Not only did she purchase a gas station, she claims to have done so while turning a profit through tax deductions. To prove this, she tweeted out a bunch of rich-person math—which makes my brain...

Ethereum sees first consecutive week of deflationary issuance

2.11.2021
More than $65 million worth of ETH is currently being burnt daily by the Ethereum network

New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’

1.11.2021
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country...

While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers

30.10.2021
On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs...

Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack

26.10.2021
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people...

Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism

23.10.2021
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...

Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells

22.10.2021
Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise...

Russian officials consider proposal to mine Bitcoin with associated gas

20.10.2021
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high

The future of the vast oil and gas industry depends on blockchain

15.10.2021
Innovative oil and gas companies are leveraging blockchain, but the industry as a whole may be slow to adopt the technology

Too early to talk about using crypto for oil trading, says Putin

14.10.2021
The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”

US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle

13.10.2021
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3%...

Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz

11.10.2021
Senator Cruz predicts that Bitcoin mining will be used to capture wasted renewables and Texas’ power grid within five years

Ethereum's EIP-1559 Helped Coinbase Save ETH 27 on Daily Fees

6.10.2021
target="_blank" rel="noopener noreferrer" href="https://cryptonews.com/ext/coinbase/">Coinbase, the upgrade has also brought more direct benefits for users, with the exchange so far saving about ETH 27 – or USD 92,000 – on gas fees every day.After the implementation of the new Ethereum Im

Nordic Bitcoin Miners Face Double Challenge, But Industry Still 'Quite Optimistic'

5.10.2021
sis has already received widespread attention over the past month, with both natural gas and electricity prices soaring to new highs in a number of European countries.And although less impacted than countries further south on the continent, the rising prices are also felt in the Nordics, wher

Blockchain Game Launchpad Partners With Enjin for Accelerated Ecosystem Development

5.10.2021
PRESS RELEASE. SINGAPORE — EnjinStarter, a launchpad for blockchain games, has announced a strategic partnership with Enjin to accelerate growth of the Enjin ecosystem. EnjinStarter helps games and apps leverage Enjin’s non-fungible token (NFT) technology and infrastructure...

Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount

3.10.2021
The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet. Salvadoran...

El Salvador Gov’t to Mitigate Against Fuel Price Crisis – Using its Bitcoin App

30.9.2021
rators had negotiated a deal with two fuel distribution companies, meaning that Chivo users could receive a discount worth USD 0.20 per gallon at petrol stations across the nation.Bukele wrote that the “state-owned company Chivo” had “negotiated with the largest gas station companies in the c