Bitcoin ‘bear trap’ sees BTC price near $20K as daily gains top 9%
Over $320 million in liquidations accompanies a gruelling 24 hours for crypto traders. Go to Source Powered by WPeMatico
Month: October 2022
Nigeria Can Become World Leader in the Digital Economy Says Vice President Yemi Osinbajo
According to Nigerian Vice President Yemi Osinbajo, his country is well-positioned to become a global leader in the digital economy. However, for that to happen, Nigeria must choose the right approach and spend more time developing digital skills. Nigeria Better Equipped Than 3 Decades Ago The Nigerian vice president, Yemi Osinbajo, recently claimed that his … Read more
Industry exec explains why NFT fraud protection falls on brand and not marketplaces
Brands that issue NFTs should hold the greatest responsibility to protect themselves and potential investors from fraud, an NFT security executive suggested. Go to Source Powered by WPeMatico
MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes
Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations. Go to Source Powered by WPeMatico
NFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu
Yat Siu thinks it’s only a matter of time until more advanced models of NFT gaming are created, designed around the ideas of digital ownership, interoperability and economic utility. Go to Source Powered by WPeMatico
Bitcoin Miner Pow.re Begins Mining Facility Construction in Paraguay, Acquires 3,600 Microbt ASICs
According to the crypto mining operation Pow.re Holdings Limited, the firm announced that it has begun construction of two new mining facilities in Asunción, Paraguay. The new data centers will manage 12 megawatts (MW) of hydroelectric power, and the firm has also acquired 3,600 Microbt Whatsminer mining rigs that produce roughly 396 petahash per second … Read more
China floats idea of ‘Asian yuan’ to reduce reliance on US dollar
The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business. Go to Source Powered by WPeMatico
Japanese gaming giant’s hiring spree ahead of NFT marketplace
Japanese entertainment and video game company Konami has posted new job openings to expand its NFTs, Web3 and Metaverse offerings. Go to Source Powered by WPeMatico
Formula One Files 8 Trademarks for ‘F1’ Covering Wide Range of Cryptocurrency and Metaverse Products
Formula One has filed eight trademark applications covering a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services with the United States Patent and Trademark Office (USPTO). Formula One Getting Deep Into Crypto, NFTs, Metaverse Formula One filed eight trademark applications with the United States Patent and Trademark Office (USPTO) on Oct. … Read more
OCC’s Hsu says regulators are ‘spending too much time’ on crypto: Reuters
Michael Hsu stated that it is starting to worry him that “we’re not spending that time and attention on some other things,” like fintech, which he described as the “future.” Go to Source Powered by WPeMatico