According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined monero with the car’s …
Yearly archives: 2022
Spanish Deputy Suggests Spain Might Attract Kazakhstan Miners
Maria Muñoz, a Spanish deputy from the country’s Congress, wants to position its country as a reliable alternative to miners that are facing a dire situation in Kazakhstan, after their internet service was suspended, affecting their operative capacity. Muñoz sent a letter to the congress, inquiring about the possible actions that Spain might take to …
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Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer (P2P) traded volumes for the second year running. Kenya’s Booming …
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5 Top Crypto to Buy this Week [BTC, ETH, SOL, BNB, ADA] January Week 2 2022
The crypto space began 2021 with a bang with record highs shown in the first half of the year. In 2022, the nascent industry has taken a more subdued form as most blockchain-based assets are currently struggling with the bears. However, this presents an ideal opportunity to identify some of the 5 top crypto to …
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Veteran Analyst Peter Brandt Issues Warning to Ethereum Traders, Says ETH Will Lose Value Against Top Competitor
Seasoned analyst and trader Peter Brandt is issuing a warning to Ethereum (ETH) traders, saying that the leading smart contract platform will lose ground against its top challenger. The longtime market strategist tells his 610,400 Twitter followers that he’s bearish on Ethereum from both the technical and fundamental perspectives. “Ethereum ETH is in a bear …
Binance CEO CZ richest crypto billionaire at $96B: Bloomberg
Changpeng Zhao, the CEO of Binance, tops the list of richest crypto billionaires with an estimated net worth of $96 billion. According to Bloomberg CZ ranks 11th among the world’s richest people as Binance retains its position as the biggest crypto exchange in terms of trading volume. CZ, the 44-year-old crypto entrepreneur, overtook Asia’s richest …
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‘Most bullish macro backdrop in 75 years’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in a strange place — one which is eerily similar to where it was this time last year. After what various sources have described as an entire twelve months of “consolidation,” BTC/USD is around $42,000 — almost exactly where it was in week two of January 2021. The ups …
Kosovo police seize 300 crypto mining machines amid electricity shortages
The police in Kosovo have ramped up their efforts to crack down on crypto miners in the country, confiscating more than 300 mining machines on Jan. 8 alone. An announcement issued by the Kosovo police on Jan. 8 revealed that it had seized 272 “Antminer” Bitcoin mining machines in the municipality of Leposavic, and another …
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Disney patents technology for a theme park Metaverse
Disney has been approved for a patent that would create personalized interactive attractions for theme park visitors. The technology would facilitate headset-free augmented reality (AR) attractions at Disney theme parks. The tech would work by tracking visitors using their mobile phones, and generating and projecting personalized 3D effects onto nearby physical spaces, walls, and objects …
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Moviecoin․com to Transform Movie Financing on Blockchain
press release PRESS RELEASE. London, England, January 10, 2022: Moviecoin.com brings movie funding and decentralized finance (defi) to both independent movie-makers and larger budget movies. Moviecoin.com will allow any budding movie producer, director, or writer to finance their own script and movie. Moviecoin.com is decentralizing and democratizing the world of movie finance, giving movie makers …
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Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23
An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else there will be confusion.” Industry Wants Clarity in Crypto Tax Laws in Union Budget …
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Mike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,” he said. Mike Novogratz on Future Outlook of Crypto Market The CEO of Galaxy Digital, Mike …
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial services,” its analyst described. JPMorgan Outlines Future Outlook for Crypto Markets JPMorgan analyst Kenneth Worthington published a report on …
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Arbitrum network suffers minor outage due to hardware failure
The Ethereum layer 2 network Arbitrum has suffered its second outage in less than five months following a hardware failure. Arbitrum is back online at the time of writing but the team did report some downtime during the late hours of Jan. 9. The timing of the tweets suggests that the network was down for …
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How Projects are Revolutionizing Crypto Staking Through Referral Programs
Once reserved for the pros in the crypto space, staking has become a common practice across all participants in the space. Today, anyone has an opportunity to earn passive income on their crypto assets in just a few clicks, whether on a centralized exchange or DEX. Over the past two years, centralized exchanges such as …
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