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Yield Guild Games Raises $4 Million to Power Its Play-to-Earn Proposal
17.6.2021
Yield Guild Games, an online gaming guild, has raised $4 million to power its play-to-earn proposal in a Series A funding round. The funding round was led by Bitkraft, a venture capital company specializing in e-sports investments. Other blockchain and crypto-related companies also participated....
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
16.6.2021
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator. Over...
Crypto miners eye cheap power in Texas, but fears aired over impact on the grid
16.6.2021
Miners dislocated by China’s crackdown are looking to Texas for cheap electricity, but the state’s grid is already on the brink of disaster amid a sweltering summer
UK Farmers Use Cow Dung to Power Ethereum Mining, Boost Revenues
14.6.2021
With the debate on crypto mining’s energy use increasingly involving renewable sources, a rising number of UK farmers are reaching for a surprising reservoir of power - cow waste, aka dung - using this traditional, multipurpose resource to generate electricity for carbon-neutral crypto mining...
Lebanese Economy Crashes to New Lows – In Less Than Two Years Nation’s Currency Lost 90% Against the US Dollar
14.6.2021
The Lebanese pound dropped to a new low on Sunday against the greenback trading in the low 1,500s range to the U.S. dollar. Lebanon’s currency has been in a downward spiral since 2019, as the pound has lost 90% of its value since then. Reports note that Lebanese citizens are facing shortfalls...
Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
14.6.2021
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining...
Bank of Namibia Warns Crypto Traders It ‘Will Not Entertain Complaints’ if They Get Scammed
12.6.2021
The Bank of Namibia (BON) has warned individuals investing in cryptocurrencies that it will not entertain their complaints should they get scammed. The institution argues that since its mandate does not currently cover digital currencies, it lacks the “legal power” to follow up on such...
Iran Seizes 3,000 Crypto Mining Devices in a Week
10.6.2021
Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. Over 500 Crypto Mining...
DC Super Hero Girls: Teen Power Is A Great Kids Game
9.6.2021
We don’t ask much of our kid-aimed cartoon-based video games, and most don’t give us much in return—just several hours of harmless, colorful fun to keep our children entertained while we adult. But Switch exclusive DC Super Hero Girls: Teen Power, with its combo-based battles, RPG-style progress...
El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority
9.6.2021
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private...
IRS Seeks Congressional Authority to Obtain Data on Cryptocurrency Transactions
8.6.2021
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate cryptocurrency. “We get challenged frequently and to have a clear dictate from Congress on the authority for us to collect that information is critical,”...
Take Back the Internet With Crypto: Pocketnet Offers 4 Free Live Educational Sessions
8.6.2021
The Internet was once a bastion of freedom and was hoped to bring economic power to everyday people. These days a few centralized platforms such as Google, Facebook and Amazon dominate the online world, deciding what we can and cannot say, while keeping all the value for themselves. In an upcoming...
Crypto Industry's Lobbying Power Grows As Former Officials Change Sides
6.6.2021
Crypto firms have been increasingly appointing former regulators and lawmakers in recent months. While the officially stated aim of such appointments is to help crypto industry better understand the regulatory landscape, it’s just as likely that the appointees have been enlisted to help firms lobby...
Cheap Power Is Creating a Bitcoin Mining Boom in Argentina
2.6.2021
Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate...
Cryptohawk.AI, a New Software Service Provides Everyday Investors With AI-Based Price Predictions
2.6.2021
PRESS RELEASE. Toronto, Canada – June 1, 2021 – Created and rigorously tested by expert data scientists in cohort with expert traders, CryptoHawk.AI allows anyone to harness the power of artificial intelligence and machine learning for improved investment returns in crypto. With...
Visualizing Bitcoin’s Future Price Cycles With the Power-Law Corridor Model
31.5.2021
There’s a number of tools, charts, and models traders use to help them forecast bitcoin price cycles and our last article discussed leveraging the Golden Ratio Multiplier. The following editorial discusses another method of bitcoin price prediction analysis by utilizing Logarithmic Growth...
UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power
31.5.2021
Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing...
EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin
30.5.2021
While a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of firms working toward green solutions well before all the controversy. Unfortunately, critics don’t highlight the amount of renewables miners use or...
Týden mobilně: Pro Power Plus Play Lite, aneb největší zběsilosti ve značení mobilů
30.5.2021