press release PRESS RELEASE. Zug, Switzerland, 13th January 2022: As part of its strategic business objective to become the leading gaming technology company, GAIMIN announces a plug-in and metaverse environment that enables blockchain technology and NFTs to be used within Minecraft. GAIMIN has developed a gaming and technology platform that delivers blockchain and NFT technology …
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On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at a fair market price.” NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service …
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Layer 2 cryptos are in high demand in the crypto space because of their high scalability and low prices. The potentials in these assets have moved investors to search for the best layer 2 crypto to buy for high-profit margins. Network congestion coupled with slow transaction speed has been the babe on layer 1 blockchain …
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A popular cryptocurrency analyst is bullish on the Fantom (FTM) blockchain and one blue-chip decentralized finance (DeFi) platform. Starting with FTM, the pseudonymous cryptocurrency analyst Smart Contracter tells his 201,500 Twitter followers that crypto assets in the Fantom ecosystem are rallying. “It’s Fantom season as far as I’m concerned, literally every coin on Fantom is …
Terra’s native staking token, LUNA, was one of the best-performing cryptocurrencies of 2021, with gains north of 13,000%. Terra has also surpassed Binance Smart Chain (BSC) in total locked value with $17.62 billion, making it the second-biggest DeFi chain just after Ethereum. Much of this growth is due to Terra’s ecosystem, with a community of …
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Fintech startup Seashell has raised $6 million in seed investments from some of crypto’s biggest venture funds and project founders as it seeks to build out an inflation-resistant finance app — a timely initiative as consumers struggle with the pressures of rising costs. The investment round was co-led by Khosla Ventures and Kindred Ventures, with …
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Switzerland took another step to clarify its roadmap for integrating central bank digital currencies, or CBDCs into the current financial system. The Swiss National Bank (SNB), the country’s central bank, completed the second phase of Project Helvetia with its partners by integrating a wholesale CBDC into the existing back-office systems and processes of five banks: Citi, …
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The House of Lords Economic Affairs Committee — an investigative governing body representing the economic interests of the United Kingdom — has released an official report assessing the pertinence of a government-issued central bank digital currency (CDBC). Titled “Central bank digital currencies: a solution in search of a problem?,” the 52-page publication covers a litany …
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Bitcoin Price Prediction – January 12 The Bitcoin price prediction reveals that BTC slumps below the resistance level of $44,071 as further downside momentum may play out. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $48,000, $50,000, $52,000 Support Levels: $40,000, $38,000, $36,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD soars and …
The Northwest Arkansas Council is launching a cryptocurrency incentive program seeking to attract professionals that want to work remotely. The program is targeting entrepreneurs and professionals in the tech sector. The council comprises business leaders in the region, and according to its president and CEO, Nelson Peacock, the incentive seeks to aid the region to …
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The environmental concerns surrounding cryptocurrencies have led to several organizations halting their partnerships with this sector. The Wikimedia Foundation has become the latest company to express concern over cryptocurrencies’ effects on the environment. The Wikimedia Foundation started accepting cryptocurrency donations in20-19. The donations were made through BitPay. However, the nonprofit entity wants to stop using …
The US Federal Reserve is currently looking into the potential of a central bank digital currency (CBDC), with the report about the pros and cons of a digital dollar expected to be released in the coming weeks. However, a recent bill could prevent the institution from issuing a CBDC. Tom Emmer, the Minnesota representative, has …
Non-fungible tokens (NFTs) do not seem to be losing their momentum as they continue to attract a wide range of users. Now, VCR Group, a hospitality firm based in New York City, has opened NFT offerings for its clients. The company has announced the launch of a live token sale available to its private dining …
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Russia’s renowned banking entity Tinkoff’s parent company, TCS Group Holding has acquired a majority share in Aximetria, a Swiss-based cryptocurrency startup firm. With this investment, TCS Group is gearing up for its big sweep into the digital currency space that is fast gaining pace in the global economic canvas. The company has purchased the shares …
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Working as the third-largest private sector banking entity in India, Axis Bank has successfully processed the industry-first blockchain transaction on Secured Logistics Document Exchange (SLDE) ecosystem. The highly-anticipated Domestic Trade Transaction was executed with Arcelor Mittal Nippon Steel India (AM/NS India) and Lalit Pipes & Pipes Ltd. (LPPL) on SLDE’s government-supported decentralized exchange platform. With …
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