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GPU Mining on Ethereum After ‘The Merge’
5.10.2022
Major digital currencies have come under scrutiny in recent years for being particularly power-hungry. Currently, in widespread usage, the proof-of-work system safeguards transactions by having users execute progressively more complex cryptographic calculations. However, the networks provide...
Price Point: Bitcoin Stays Above $20K as US Stock Futures Drop After 2 Days of Big Gains
5.10.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 5, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High
5.10.2022
Bitcoin continued to trade above $20,000 on Wednesday, as the token remained near a two-week high. Bullish momentum in cryptocurrency markets has been higher this week, with prices surging after a recent downward spell. Ethereum, on the other hand, was largely unchanged in today’s session....
New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers
5.10.2022
The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded subscribers by September 28. The data also shows that the top five gamefi projects alone accounted for more...
SushiSwap Elects New 'Head Chef’ after On-Chain Election
5.10.2022
Following months of uncertainty and discussions, the SushiSwap community has elected a new “head chef”. Jared Grey, the former CEO of defunct crypto exchange Bitfineon and decentralized financial services ecosystem EONS, will serve as the leader of the decentralized autonomous organization (DAO)....
NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition
4.10.2022
According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price of $54.20 a share. Twitter’s shares surged following the news and climbed nearly 20% higher and trading was halted twice so far. Report Claims Tesla’s Elon Musk Will...
TV Network Ripped Online After Calling Classic Sega Game 'Indie'
4.10.2022
A British media conglomerate, Sky, has just made a complete ass of itself on Twitter, after attempting to hang wiv da cool kidz while promoting its new partnership with David Beckham’s eSports company, Guild. Asking followers of the [checks notes] technical support account to tweet a screenshot...
Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket
4.10.2022
The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of...
Kenyan Central Bank Rejects Deputy President Rigathi Gachagua’s Claims Country Lacks Forex to Import Oil
4.10.2022
The Central Bank of Kenya appeared to rebuke the country’s new deputy president Rigathi Gachagua, after it rejected the latter’s claims the East African nation lacks enough foreign exchange to import oil. According to the bank, all the foreign exchange used in private transactions...
Taking Yield Farming to the Next Level With Animal Farm
4.10.2022
As a result of DeFi protocols, access to finance has been democratized, allowing anyone with an Internet connection to gain access to opportunities and services. However, they only gained popularity after the ‘DeFi summer of 2020’ and the yield farming craze that followed. The concept...
'Call The Cops!' Fishing Competition Turns Into Frenzy After Cheater Caught Stuffing Fish
4.10.2022
If you thought last month’s chess grandmaster anal bead conspiracy saga was the worst thing that could happen to a competitive sporting event, I’ve got some bad news for you. The rollicking world of competitive sports fishing now has an oh-fish-ial controversy of its own after competitors at...
Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data
4.10.2022
Binance’s scheme destroyed only 0.08% of the token’s bloated supply, too minuscule to have a lasting impact on the hyperinflated token
Azurbala NFT Mint Postponed After Art Goes Viral for Wrong Reasons
3.10.2022
“We failed at doing the very thing that we do best, which is to involve the community in the creative process,” says an Azurbala co-founder
Big Minecraft YouTuber Dream Reveals Face After Three Years, Gets Bullied For It
3.10.2022
The 23-year-old Minecraft streamer and YouTuber with over 30 million subscribers, Dream, has only ever appeared to the public wearing a smooth, egg-colored smiley face mask. Other than some blowout cheating allegations that begrudgingly subsided after he admitted wrongdoing, Dream’s three-year-old...
Top Crypto Exchange LBank at Token 2049: Successful Exhibition and Afterparty
3.10.2022
PRESS RELEASE. SINGAPORE, Oct. 3rd, 2022 – Global crypto exchange, LBank, joined Token 2049 in Singapore as sponsor and exhibitor. LBank was welcomed with open arms at the Token 2049 venue and continued to host a successful after-party. As one of the rise-and-coming major crypto hubs...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD Weakens on Monday
3.10.2022
Following a red start to October, crypto prices moved marginally higher during Monday’s session. After a brief stint below $19,000 on Sunday, bitcoin rose back above this point, as the U.S. dollar began to weaken against other G7 currencies. Ethereum was also in the green, momentarily moving...
Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar
3.10.2022
A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dollar, a report has said. One Nigerian currency dealer said he expects the naira to further depreciate to...
Robert Kiyosaki Predicts US Dollar Will Crash by January — Suggests Buying Bitcoin
3.10.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the U.S. dollar will crash by January next year after the Federal Reserve pivots. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates. Robert Kiyosaki...
Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status
2.10.2022
According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency exchange FTX, as the crypto company applied to become a derivative clearing...
UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’
2.10.2022
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they...