GameFi investors are now prioritizing fun factor over money: Survey
While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto...
Month: August 2022
Bitcoin mining difficulty set for 8-month record gains despite BTC price dip
Bitcoin network fundamentals seem not to care about spot price weakness, with both difficulty and hash rate making an impressive...
Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC
Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after...
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public....
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
A Latvian national has been handed over to the United States where he is accused of fraud through several companies...
Top 10 most Googled questions about cryptocurrency and its implication
The top 10 Google searches related to cryptocurrencies uncover an increase in curiosity among general investors — represented by two...
Binance to Help South Korean City of Busan Grow Crypto Adoption, Develop Blockchain Ecosystem
Binance is helping the South Korean city of Busan “grow crypto adoption within the city and beyond.” The global crypto...
SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk
Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social...
Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the...
Crypto will become an inflation hedge — just not yet
Crypto can act as protection against inflation, but not until it establishes its fundamentals and achieves mass adoption. In theory,...
BTC Slumps Below $20,000; TAMA Pushes Up
The Bitcoin price sees a 1.25% decline today as the cryptocurrency fails to cross above the 9-day moving average. Bitcoin...
Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1...
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the...
Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme
After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto,...
Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20K
Claims that 137,000 BTC are about to be offloaded on the open market are met with intense suspicion as BTC...
