AMC Theatres has partnered with Bitpay to offer various crypto payment options, including Dogecoin (DOGE) and Shiba Inu (SHIB). AMC Theatres CEO Adam Aron announced the development on Twitter. In the tweet, Aron said that people across the U.S. using AMC’s iOS and Android apps could use crypto payments to pay for tickets and other services. …
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Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is ‘a Matter of When and Not If’ The U.S. Securities and Exchange Commission (SEC) has now approved not one but two …
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. “We continue to see demand, particularly from young investors, for access to the rapidly growing industries,” said Fidelity. Fidelity Sees Demand for Crypto, Metaverse Investments Fidelity …
American Idol will mint non-fungible tokens (NFTs) to commemorate its 20th season and two decades of airing in the U.S. A press release unveiled this news on April 14, noting that the program seeks to issue the NFTs in the form of contestant-based trading cards. American Idol partnered with Theta Labs on this initiative. According …
Ethereum’s(ETH) transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism — the so-called Merge — will not happen in June as many have predicted. As reported by CryptoSlate on April 14, Ethereum core developers will not yet be ready for the merge before the end of the third quarter. The highly-anticipated merge will mark …
Continue reading “Ethereum post-merge staking rewards will likely be lower than anticipated”
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% this week. Moreover, over the last seven days, an NFT collection called Moonbirds saw the …
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, …
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When the internet was introduced in the 1990s, it was a new way for people to access information and connect globally. Unfortunately, the internet later became a hub where governments and companies track your activities, collect data, and invade your privacy. During this period, Virtual Private Networks (VPNs) became a service that helped mask a user’s …
Continue reading “The case for Decentralized Private Networks over traditional VPNs”
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian Deputies to Review Law on Crypto-Related Taxation The federal government of …
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Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer two (L2) transaction fees have also …
Continue reading “Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days”
Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve, …
We recently announced Bifrost’s Collator Mainnet launch, bringing cross-chain staking to the Dotsama ecosystem. However, there is much more to the announcement than it may at first seem. Additionally, some terminologies can be a little hard to understand for the average crypto investor. Staking liquidity through cross-chain derivatives? Multi-chain staking ratios? A three-way positive cycle …
Continue reading “Dotsama ecosystem gets new cross-chain staking with up to 42% APR via Bifrost”
US President Joe Biden intends to nominate Michael Barr, who served as a Ripple advisor from 2015 to 2017, as the Vice-Chair for Supervision of the Federal Reserve. The White House revealed this news yesterday through an official statement. The position has been vacant since Governor Randal Quarles’ term ended in October 2021. Apart from …
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs will come with the physical skateboards signed by Hawk. Tony Hawk to Drop Another NFT …
Continue reading “Tony Hawk’s Latest NFTs to Come With Signed Physical Skateboards”
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real Estate Tokenization Creates Investment Opportunities Oman Capital Market Authority (OCMA) is set to include real …
