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A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption
28.5.2021
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers...
White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation
27.5.2021
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less...
Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify
27.5.2021
Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. Iran has banned cryptocurrency mining effective immediately...
Gamestop NFT Website Discovered With Hidden Easter Egg Retro Game
26.5.2021
Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power...
Vitalik Buterin Criticizes Elon Musk’s Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability
24.5.2021
Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subjects: storage, bandwidth, and computing power, commenting on their limits...
Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
23.5.2021
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...
China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst
22.5.2021
China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens. Digital Yuan Push Could Raise Demand for Crypto Boris...
Bitcoin Hashrate Slides- Low BTC Prices, Sichuan Wet Season, Upcoming Difficulty Spike to Blame
20.5.2021
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with alleged power outages in Sichuan, China, and...
New Zelda Amiibo Has An Unfair Special Power
19.5.2021
Amiibo granting special powers in a Nintendo game is nothing new, it’s half the point of the things existing, but normally those powers are fairly tame, or simply shower the player in gifts. This new Skyward Sword HD one though is very disappointing, because it bestows an ability that all players...
Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens
17.5.2021
After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. Then a...
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
17.5.2021
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners...
Power Ledger Now a Part of Zero Carbon Certification Scheme
13.5.2021
Power Ledger, one of the foremost companies of Australia, has now declared itself as the founding partner of the Zero Carbon Certification Scheme. The Australian company is known for operating a software application that permits producers and consumers to keep track, maintain a trace, and engage...
I Wish This Lady Dimitrescu Action Figure Was Real
9.5.2021
Capcom, if you want to make a lot of money, watch this fake ‘90s action figure ad about Resident Evil Village’s Lady Dimitrecsu. Then make this thing a reality. Read more
Binance Reaches Twitter Trending Topic Status in Venezuela
8.5.2021
Binance, one of the largest cryptocurrency exchanges worldwide, has reached a trending topic status in the Twitter social network sphere in Venezuela. The trend before the weekend, shows just how important cryptocurrency topics are for the citizens of the country at the moment. Cryptocurrencies...
Ethereum breaks away: Several factors power ETH all-time high push
1.5.2021
Ethereum hit new all-time highs after a rocky April. Developers and analysts delve into the factors behind ETH price surge
The Benefits of Coupling Ethereum With Bitcoin Cash: Smartbch Sidechain Testnet Is Now Public
30.4.2021
On Thursday, the Smart Bitcoin Cash team announced the launch of the Smartbch testnet explaining that developers and decentralized app makers can now experiment and develop with the high-performance, EVM-compatible Bitcoin Cash sidechain. Further, Bitcoin.com News spoke with Wang Kui the lead...
Alchemy raises $80M to power the NFT boom as the 'AWS of blockchain'
29.4.2021
Alchemy is the platform behind NFT marketplaces OpenSea, Nifty, and many major collections
Eftpos reveals plans to power Australian smart cities with blockchain tech
20.4.2021
Eftpos revealed its plans to use distributed ledger technology to power smart cities and self-driving vehicles during the Australian Blockchain Week conference
Did a massive Chinese power outage cause Bitcoin’s crash down to $50k?
19.4.2021
On-chain analyst Willy Woo argues a massive power outage in Chinese mining hub Xinjiang drove Bitcoin’s violent crash down to $50,000
Expert Believes Nuclear-Powered Crypto Mining Could Help Ukraine to Solve Energy Spending Problems
16.4.2021
Bitcoin mining could be a proper asset to solve one of the significant issues in the Ukrainian energy sector: spending. A financial expert praised the recent push given by Ukraine’s government to nuclear-powered crypto mining across the nation. Crypto Mining Can ‘Smooth out’...