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Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining
30.6.2021
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. Ads...
As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
28.6.2021
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling...
PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
28.6.2021
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate....
Demand for digital euro not yet clear, says BBVA exec
28.6.2021
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said
CME Group’s Micro Bitcoin Futures Reach 1 Million Contracts Traded
27.6.2021
CME Group’s(Chicago Mercantile Exchange) micro-bitcoin futures have already traded more than one million contracts. This instrument allows institutions and retail traders to invest in the crypto asset at a lower price point of 0.1 bitcoin. The contract has only been available for seven weeks...
Salvadoran Representative Introduces Lawsuit Against the Bitcoin Tender Law for Being Unconstitutional
22.6.2021
Jaime Guevara, a Salvadoran representative, presented a lawsuit against the recently approved bitcoin tender law today. Guevara alleges the law is unconstitutional and brings a series of changes that will cause problems for Salvadorans. Some people suspect Bukele’s regime is behind...
The Most Notorious Twitch Bans
22.6.2021
Every week dozens of streamers get banned and unbanned from Twitch for infractions that range from the ridiculous to the extremely what-the-fuck-were-you-thinking? Streamerbans tracks the highest profile ones, and has become a go-to source for staying on top of who’s in internet time-out, sort...
MakerDAO slashes stability fees as stablecoin demand wanes
22.6.2021
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction
Twitch's New 'Ear Lick Meta' Blows Up, Bans Ensue
21.6.2021
Hot Tub Meta? Please, that’s so early 2021. Nowadays, the hot thing on Twitch are ASMR audio streams that approximate a level of intimacy some might consider a little too sexual. And those who have tested the limits of what auditory content is allowed on the platform have already received the...
Out of All the American States Study Shows Hawaii Expressed the Most Crypto Demand This Year
18.6.2021
A report published by the independent marketing intelligence company, Miq Digital, explains that Hawaii has seen the most crypto demand of all the states in the U.S., with a 687% increase since 2020. As far as increased cryptocurrency demand since last year, Nevada, California, Florida,...
Hawaii had largest increase in demand for crypto out of US states this year
17.6.2021
“Around 6% of the U.S. population now use or own crypto, and the trend is growing,” said the report
General Motors CEO: ‘Nothing Precludes GM From Accepting Bitcoin if There’s Consumer Demand’
17.6.2021
The CEO of General Motors (GM), America’s largest automaker, says that nothing precludes her company from accepting bitcoin if there is consumer demand for it. “Certainly, we want to make the whole buying and ownership experience as easy as possible,” said the GM chief executive....
Porsche Enters NFT Market Launching Trading Card Platform Fanzone
16.6.2021
Porsche, the German carmaker, is diversifying to digital markets through the launch of Fanzone, an NFT-based trading card market. Fanzone, built by Forward31, a Porsche company builder, seeks to capitalize on classic trading card demand. At the same time, Fanzone tries to combine this classical...
Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals
14.6.2021
Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming...
E3 Twitch Chat Has Been Miserable
14.6.2021
For what feels like eons now, the E3 Pangea has threatened to break apart and scatter gaming landmasses to all corners of the Earth. Now that’s finally happening, with this year’s E3 functioning as a loose umbrella for a plethora of publisher-specific shows. This has given companies a massive stage...
After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to ‘Market Forces’
14.6.2021
Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price.” Ahmed’s...
Elon Musk, $40K and no demand: 5 things to watch in Bitcoin this week
14.6.2021
Musk leaves the door open for Tesla to accept Bitcoin again, sparking a run to near $40,000 — but will it hold?
JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures
14.6.2021
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional...
E3 Tells Creators Like Geoff Keighley They Might Get In Trouble For Streaming Show
12.6.2021
On an internet obsessed with reactions, events like E3 are a goldmine. Content creators of all stripes co-stream big announcements as they happen, adding some flavor to otherwise pristinely packaged proceedings. Today, however, E3 told creators that might not be such a great idea this year.Read more
Cryptopunk NFT Sold for Almost $12 Million in Sotheby’s Auction
11.6.2021
A Cryptopunk NFT was recently sold for $11.8 million during an auction organized by Sotheby’s. The sale, which also featured works of other artists, was organized virtually. Sotheby’s anticipates strong demand for this kind of digital good in the future, even as NFT fever has somewhat...