Tesla CEO Elon Musk has taken a stake in Twitter Inc. after stating that he is “giving serious thought” to building a new social media platform — one that prioritizes free speech. An analyst says this could eventually lead to a buyout. Elon Musk’s Stake in Twitter Tesla and Spacex CEO Elon Musk disclosed that …
Tag archives: Bitcoin
Game Developer Group States Using NFTs in Gaming Presents Ethical Issues
The International Game Developers Association (IGDA), a group integrated by a number of game developers and programmers from companies across the globe, has addressed the use of NFTs (non-fungible tokens) in the gaming industry. The director of the group has stated that the introduction of these elements in gaming projects presents “ethical issues,” and this …
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3AIR – The token that helps Africa
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › The blockchain-based start-up sets out to solve connectivity and identification issues around the African continent and has already started to assemble the infrastructures that will enable the growth of its comprehensive all-in-one blockchain ecosystem. Through its …
Op-Ed: Is proof of stake redeeming blockchain, or ruining it?
Proof of Work has gotten a bad rep over the past few years as mining firms have grown along with the environmental ramifications. As the CEO of a blockchain studio, I have struggled with the environmental impact of the miners. I am personally responsible for the creation of many blocks across many chains. Whether we’re …
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Ertha’s Inter-Metaverse Portal NFTs Bought for $60K
sponsored It’s now possible to travel between metaverses thanks to Ertha’s Portal NFTs. The game’s passionate community has already spent over $60,000 on these NFTs, despite their purpose being a mystery until now. Ertha’s players will travel instantly between their home planet and Moon – a brand new Sci-Fi-inspired metaverse. Portals are an easy source …
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Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs
Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently acknowledged it had suspended some accounts which are said to …
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Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes, the Ministry of Finance, has set income tax …
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Bitcoin mining network difficulty reaches new all-time high
The past week has been one of multiple milestones for Bitcoin. Soon after SBI Crypto mined the 19 millionth Bitcoin, the mining difficulty of the flagship digital asset reached a new all-time high of 28.587 trillion. The jump in mining difficulty happened on March 31 at block 729,792. This is the first time the mining …
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Bexplus Offers 100x Leverage Crypto Trading and Doubles Your Deposit
press release PRESS RELEASE. To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to all traders. If you deposit 1 BTC, 2 BTC will be credited to your account. Every user can get up to 10 BTC for each deposit. Bitcoin’s high volatility has made a …
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Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. What do you think about the court dismissing the lawsuit against Binance over unregistered securities sales? Let us know in the comments section below. Disclaimer: This article is for informational purposes …
JPMorgan Sees Limited Upside for Crypto Markets
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks excessive.” JPMorgan’s Crypto Outlook Global …
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RChain: 3 Lessons Web 3.0 Can’t Afford to Ignore
sponsored There’s a tendency in the tech world to toss out old tech and go all-in on a new replacement. “Oh, don’t use that. That’s the old thing! Use the new thing instead.” This advice is best suited to those who adapt quickly to technological change—in other words: a small percentage of humanity. Jumping quickly …
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Ukraine raises over $600K via NFT sales to rebuild cultural sites
Ukraine sold 1,282 NFTs on the first day of sale for a total of 190 Ether (ETH), which equates to roughly $655,000 at the time of writing, Bloomberg News reported, citing an email from the Ministry of Digital Transformation. The country intends to use the proceeds to rebuild cultural and heritage sites like museums and …
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Billions advised to update Chrome browser — especially crypto users
On March 22nd, Google issued an emergency security update for its Chrome browser as 3.2 billion users were potentially at risk of being attacked. This update highlighted a single security vulnerability that could have a big impact on everyone, but specifically crypto users. Not much is publicly known at this stage about CVE-2022-1096 other than …
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An In-Depth Look at the 5 Most Profitable Bored Ape NFT Traders of All Time
Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales volume. While people still question the …
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