How to preserve capital during inflation using cryptocurrencies?
As major economies of the world grapple with high inflation, investors could protect their savings from value erosion by investing in stablecoins. Go to Source Powered by WPeMatico
Month: August 2022
Busan City announces FTX partnership to build local exchange
South Korea’s ‘Blockchain’ city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. Go to Source Powered by WPeMatico
Bitcoin mining has never been more competitive even as BTC loses 13% in August
Bitcoin difficulty completes its largest single upward readjustment since January, with average hash rate eyeing new all-time highs of its own. Go to Source Powered by WPeMatico
Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador
El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Salvador. Surf City, another beach location in the La Libertad region, will also receive road improvements and other upgrades. ‘Bitcoin Beach’ to … Read more
US Congressman to review all Binance US files related to consumer safety
The CEO of Binance US was reached out by a Subcommittee chairman for producing various documents — in an attempt to help review the measure taken to protect investors. Go to Source Powered by WPeMatico
Not quite to the moon: Aussies offered NFT that could send them to space
The NFT offering is part of a promotion celebrating the launch of Web3 marketplace Crypto Competitions. Go to Source Powered by WPeMatico
AVAX price rebounds 15% after Crypto Leaks sell-off but Avalanche could still bury bulls
AVAX’s recovery aligns with similar upside moves across the top-ranking crypto assets. Go to Source Powered by WPeMatico
Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say
Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors are considering projects for another 200 MW despite constraints stemming from Western sanctions, a report reveals. Annual Income From Crypto Mining With Associated Gas in Russia to Exceed One Billion Rubles Data centers mining cryptocurrencies … Read more
GameSwift CEO Wojciech Gruszka Explains Why Developing a Steam-Like Web3 Platform Is a Gamechanger
GameSwift is a one-stop gaming ecosystem that aims to introduce cross-chain interoperability to web3 gaming. Chain, Web3 Infrastructure, Platform, and Gaming Studio are the four well-designed and integrated pillars of the ecosystem. Its original infrastructure facilitates implementing blockchain technology and sharing in-game resources for game developers and lets the players enjoy their gaming experience to … Read more
Mystery of the whale wallet holding 50% of Axie Infinity’s SLP supply
Contrary to the obvious explanation, this massive whale wallet is not owned by Axie Infinity or the company behind it, Sky Mavis. Go to Source Powered by WPeMatico
