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US Inflation Continues to Rise Amid Lockdown Talk, Producer Prices Jump 7.8%, Biden Blames OPEC
14.8.2021
The United States is facing severe inflation despite the Federal Reserve and mainstream media doubling down on saying the loss of purchasing power is just “transitory.” This week consumer and producer metrics from July have been published by the U.S. Bureau of Labor Statistics...
Disconnected Venezuelan Bitcoin Miners Might Resume Operations in 48 Hours
13.8.2021
A group of Venezuelan Bitcoin miners that were disconnected from the power grid by regional authorities in the state of Carabobo might resume operations in the next 48 hours, according to the national cryptocurrency watchdog, Sunacrip. The institution met with affected miners on Wednesday...
SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker
12.8.2021
U.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American innovation,” adding, “We don’t need...
Stellar blockchain remittance corridor to power Thailand-Europe payments
11.8.2021
The new cross-border remittance corridor will be hosted on the Stellar blockchain and serve around 600 million customers
Open-World Power Rangers Game Never Happened, But It Still Looks Cool
10.8.2021
Jason Bischoff, former Saban director and the guy currently in charge of global licensing at Funko, recently shared some fascinating information about a cool-sounding Power Rangers video game concept that never got off the ground known as Project Nomad.Read more
Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State
10.8.2021
Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state. While there have been no official explanations for this measure, some people with knowledge on the matter...
'Exploding' PC Power Supplies Are 'Unsellable'
10.8.2021
Following a ton of complaints from disgruntled buyers, Steve Burke and Gamers Nexus have spent the past few months purchasing and testing a couple of models of Gigabyte power supply units, to find out why so many of them are “exploding”.Read more
US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey
10.8.2021
The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have...
Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
6.8.2021
Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages. Over 80 Mining Rigs Confiscated From Crypto...
Bitcoin mining ban in China a 'game changer' for electric vehicle adoption
6.8.2021
Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban
Marathon buys 30,000 more Bitcoin miners, targets 13.3 EH/s hashing power
2.8.2021
The company’s bid to become the largest Bitcoin miner in the United States could be achieved by 2022
Power Rangers Restaurant Opens In Japan
29.7.2021
Your dreams eating curry in a restaurant filled with Power Rangers merch and memorabilia are now a reality. Behold, the Super Sentai Restaurant. Read more
Dvision and Enjin to Power Metaverse Interoperability
29.7.2021
In an important strategic partnership, Dvision Network has announced its integration with the Enjin to realize its objective of becoming the preferred choice of consumers looking to onboard an NFT metaverse. The partnership with the industry-leading name Enjin will help Dvision become the first...
Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users
29.7.2021
Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability...
BTR Token Holders Get Voting Power to Decide Bitrue’s Future
28.7.2021
Fulfilling its promise of handing over more power to the token holders, Bitrue has announced that from July 28, 2021, onwards, the BTR token holders will decide on the future of the exchange. Phase one of this empowerment will witness the voting by token holders in which decision will be taken...
Iran Raises Alarm Over Potential Influx of Miners From China
28.7.2021
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...
Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners
24.7.2021
The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. Abkhazia...
You Can Get Vintage Game Magazines Delivered To Your Doorstep
22.7.2021
Bright, colorful, choked with ads, and filled with articles dated before they even left the publisher’s warehouse, retro video game magazines are delightful little static moments in video game history preserved on paper. The Video Game History Foundation’s vintage magazine subscription service...
Mars4 Leads Innovation in Blockchain With NFT and DeFi Powered Metaverse
22.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
20 July, 2021,
Metaverses and NFT gaming in the crypto space are very successful and currently the talk of the town with Axie Infinity setting new records in virtual land sales and the likes of Decentraland...
Major Crypto Mining Company Core Scientific Going Public on Nasdaq With $4.3 Billion Valuation
21.7.2021
Core Scientific, a major blockchain hosting and digital asset mining company, is going public through a merger with Power & Digital Infrastructure Acquisition Corp. The deal values the combined company at approximately $4.3 billion. Core Scientific to List on Nasdaq Core Scientific Holding...