A survey published by Globant, a software development firm, and Yougov, found that most gamers believe that metaverse will change the gaming industry in a positive way. The survey, which consulted the opinion of 1,000 PC, console, and mobile gamers, also found that most gamers are still uncomfortable with advertising on the metaverse and that …
Monthly archives: July 2022
South African Court Releases Former Monero Developer Riccardo Spagni From Custody
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that …
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Sweden says Bitcoin miners do not create jobs despite high energy demands
The energy minister of Sweden, Khashayar Farmanbar, does not agree that giving power to Bitcoin miners is feasible. Farmanbar said it was better to give energy to job-creating projects such as steel plants. Sweden prefers steel plans to Bitcoin mining In a Bloomberg interview, Farmanbar said it was better to use energy for useful activities …
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Australia central bank points to benefits of private cryptocurrencies
The chief of the Australia Central Bank, Phillip Lowe, has said that there are benefits derived from private cryptocurrencies. Lowe noted that if privately issued tokens are well regulated, they could offer better benefits than tokens issued by the central bank. Australia’s central bank supports private cryptocurrencies A report by Reuters said that Lowe was …
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Solana co-founder praises the launch of the Saga mobile phone
Towards the end of last month, Solana Mobile, a subsidiary of Solana Labs, announced the launch of the Saga mobile phone. The co-founder of Solana Labs, Anatoly Yakovenko, has expressed his enthusiasm for this project, adding that the phone would witness massive user adoption. Solana’s smartphone launch Saga is an Android mobile phone focused on …
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Which 5 Cryptos are Blowing Up on Steemit?
Steemit is a blockchain-based platform where users can publish their content and get paid in its native token STEEM. It is powered by STEEM Blockchain and resembles the well-known platform Reddit as users can upvote, like, and comment on others’ content. Following are the top 5 cryptocurrencies listed on Steemit that are blowing up, including …
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Paraguay lawmakers pass a bill targeting crypto taxes and regulations
Senators in Paraguay passed a bill on taxes and regulations in the cryptocurrency sector. The bill targets firms offering crypto trading services and those operating in the crypto mining sector. Paraguay set to establish crypto regulations The crypto framework in Paraguay has been under consideration by lawmakers over the past year. The lawmakers are focusing …
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Top Crypto Analyst Forecasts Huge Bitcoin Rally, Details ‘Most Likely’ Scenario for BTC in Coming Months
A popular crypto strategist is predicting a surge in price for Bitcoin (BTC) as he maps out BTC’s possible trading range over the next few months. Pseudonymous analyst Kaleo tells his 527,900 Twitter followers that a strong Bitcoin rally is imminent. “Bitcoin/BTC. Soon.” Source: Kaleo/Twitter Kaleo’s chart predicts a huge Bitcoin bounce to around $28,000 …
BTC miners ‘finally capitulating’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week nearing key resistance as the shock of the latest United States inflation data passes — can the strength continue? The July 17 weekly close may have been practically identical to the last, but BTC/USD is showing some much needed strength prior to the July 18 Wall Street open. Last …
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These are the 3 Most Popular Upcoming ICOs in 2022
A bear market has historically been the best period of time to invest in assets and make massive profits. The cryptocurrency industry has suffered a massive correction as BTC, the frontrunner in the sector saw a dip in price from around $69,045 last year to $21,215 at the time of writing. Several top tokens have …
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Top 5 Must-Have Altcoins to Hold in Your Portfolio
As a bearish sentiment continues to loom over the global markets, it is evident that the popularity and volume traded till a couple of months ago have declined severely. People are in a state of fear and hesitance to invest in the cryptocurrency market following Bitcoin’s major correction that has forced a price drop in …
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Hoping Club Partners With REVA To Develop NFTs
Hoping Club, an investment institution on Wall Street, has partnered with a digital art collection service platform, REVA, to create new non-fungible tokens (NFTs). On July 15, 2022, Hoping Club confirmed successful integration with REVA to develop new NFT collections. According to Hoping Club, their partnership is a golden opportunity in the Web3 space. Amid …
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Australian central bank governor favors private sector crypto technology
Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation. Lowe commented at a recent G20 finance meeting in Indonesia. Reuters reported on July 17 that officials from other countries discussed the impact of stablecoins and decentralized finance (DeFi) …
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Jed McCaleb empties XRP wallet after eight-year selloff
Former Ripple Labs founder Jed McCaleb has finally ended the eight-year dump of his XRP holdings, leaving only 46.7 XRP left sitting in his famed “~tacostand” wallet. According to blockchain explorer XRP Scan, the former Ripple founder executed his last outgoing XRP transfer of 1.1 million XRP (worth $394,742.18) at 6:31 am (UTC) on July …
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Otherside Metaverse demo kicks off with 4,500 participants: highlights
Around 4,500 people havejumped into the “first trip” tech demo of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC). The highly anticipated first trip occurred on July 16 and was open to Otherdeed NFT land owners, known as Voyagers, who have all snapped up tokenized land plots in the Otherside …
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