Russia Looks Positively at Bitcoin for Mining and Payments.
Russia is positively looking at Bitcoin (BTC) to conduct mining activities and settle payments across borders. This comes after the war that is currently ongoing between Russia and Western countries in Ukraine.
Gazprom, one of the largest gas companies in the world, could reduce its carbon footprint by mining Bitcoin using flare gas. Furthermore, due to the lack of payment options that the country currently has, Russia could start using Bitcoin payments for international settlement. She said that their position is clear when it comes to using Bitcoin as a unit of account within the country.
Russia is positively looking at Bitcoin (BTC) to conduct mining activities and settle payments across borders. This comes after the war that is currently ongoing between Russia and Western countries in Ukraine.
Gazprom, one of the largest gas companies in the world, could reduce its carbon footprint by mining Bitcoin using flare gas. Furthermore, due to the lack of payment options that the country currently has, Russia could start using Bitcoin payments for international settlement. She said that their position is clear when it comes to using Bitcoin as a unit of account within the country.
Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin.
Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn.
Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn.
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Football star Cristiano Ronaldo signs exclusive NFT partnership with Binance.
Cryptocurrency exchange Binance has announced an exclusive non-fungible token (NFT) partnership with football star Cristiano Ronaldo.
In a press statement released on June 23, the world’s largest exchange by trading volume noted that the multi-year partnership seeks to connect Ronaldo with his fans by leveraging Web3 with NFTs acting as an entry point.
Under the deal, the Manchester United player, alongside Binance, will create several NFTs products on the platform, with initial collectables slated to be released later this year.
Cryptocurrency exchange Binance has announced an exclusive non-fungible token (NFT) partnership with football star Cristiano Ronaldo.
In a press statement released on June 23, the world’s largest exchange by trading volume noted that the multi-year partnership seeks to connect Ronaldo with his fans by leveraging Web3 with NFTs acting as an entry point.
Under the deal, the Manchester United player, alongside Binance, will create several NFTs products on the platform, with initial collectables slated to be released later this year.
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Singapore Based Crypto Exchange Bybit Expands to Argentina.
Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations.
Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations.
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Cypherpunk dumps Bitcoin and Ether to avoid more drawdowns.
Cypherpunk Holdings Inc. has liquidated all of its Bitcoin and Ethereum treasury holdings, the Canadian investment firm said on Tuesday.
🔹Cypherpunk chief executive officer Jeff Gao said the firm maintains its long-term bullish outlook on cryptocurrencies.
🔹The company said it sold 205.8209 ETH and 214.7203 BTC to snap up CA$6.389 million (US$4.9 million) in total proceeds.
Cypherpunk Holdings Inc. has liquidated all of its Bitcoin and Ethereum treasury holdings, the Canadian investment firm said on Tuesday.
🔹Cypherpunk chief executive officer Jeff Gao said the firm maintains its long-term bullish outlook on cryptocurrencies.
🔹The company said it sold 205.8209 ETH and 214.7203 BTC to snap up CA$6.389 million (US$4.9 million) in total proceeds.
NFT giant OpenSea reports major email data breach.
OpenSea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach.
A staff at Customer.io, an email vendor contracted by OpenSea, misused their employee access to download and share email addresses of OpenSea's users and newsletter subscribers with an unauthorized external party, the world's largest NFT marketplace said Wednesday night.
The scale of the security breach appears massive. "If you have shared your email with OpenSea in the past, you should assume you were impacted," the company said, adding that it's working with Customer.io in an ongoing investigation and has reported the incident to law enforcement.
OpenSea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach.
A staff at Customer.io, an email vendor contracted by OpenSea, misused their employee access to download and share email addresses of OpenSea's users and newsletter subscribers with an unauthorized external party, the world's largest NFT marketplace said Wednesday night.
The scale of the security breach appears massive. "If you have shared your email with OpenSea in the past, you should assume you were impacted," the company said, adding that it's working with Customer.io in an ongoing investigation and has reported the incident to law enforcement.
Samsung To Make Chips That Can Power Bitcoin Mining.
The entry of Samsung into 3-nanometer foundry processor manufacturing kicks off, and the South Korean company will reportedly start producing Gate-All-Around-based chipsets this week, Samsung New3sroom disclosed on Thursday.
Samsung’s capacity to produce 3-nanometer processors is likely to alleviate some Bitcoin mining difficulties.
In comparison to the 5nm process, the first-generation 3nm technology can cut power usage by up to 45 percent, boost performance by 23 percent, and decrease area size by 16 percent.
The entry of Samsung into 3-nanometer foundry processor manufacturing kicks off, and the South Korean company will reportedly start producing Gate-All-Around-based chipsets this week, Samsung New3sroom disclosed on Thursday.
Samsung’s capacity to produce 3-nanometer processors is likely to alleviate some Bitcoin mining difficulties.
In comparison to the 5nm process, the first-generation 3nm technology can cut power usage by up to 45 percent, boost performance by 23 percent, and decrease area size by 16 percent.
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low.
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022.
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022.
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The first IDO was $0.01, the exchange is now $0.1, this is X10
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The project pays 10% referral reward from purchased tickets - this is relevant for owners of large communities, which means there is a chance for rapid growth.
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Meta announce closing its cryptocurrency project in September.
Meta has now announced that its Novi pilot will be shut down on September 1. Novi is a money transfer service that uses the company’s own cryptocurrency digital wallet. Novi previously used Meta’s own cryptocurrency digital wallet to provide transfer services. It applies Novi-related technologies to the Metaverse and other products. Meta’s cryptocurrency project has been hit with attacks from the U.S. Congress in times past. The company is now finally taking the bold step by shutting down the rest of the project.
Meta spokesperson claims that the company does plan to use Novi’s technology in future products, such as in its original universe project. Starting July 21, users will no longer be able to add funds to their accounts. The company advises that users withdraw their balance as soon as possible. After the test period, users will not be able to access their transaction history or other data.
Meta has now announced that its Novi pilot will be shut down on September 1. Novi is a money transfer service that uses the company’s own cryptocurrency digital wallet. Novi previously used Meta’s own cryptocurrency digital wallet to provide transfer services. It applies Novi-related technologies to the Metaverse and other products. Meta’s cryptocurrency project has been hit with attacks from the U.S. Congress in times past. The company is now finally taking the bold step by shutting down the rest of the project.
Meta spokesperson claims that the company does plan to use Novi’s technology in future products, such as in its original universe project. Starting July 21, users will no longer be able to add funds to their accounts. The company advises that users withdraw their balance as soon as possible. After the test period, users will not be able to access their transaction history or other data.
OpenSea Co-Founder Steps Down to Focus on New Projects.
OpenSea, Alex Atallah – one of the co-founders of OpenSea – will be stepping down in August in order to focus on new ventures. He announced his decision on Twitter, sharing his letter with the rest of the OpenSea team.First and foremost, he claimed his decision to step down came from a desire to continue innovating in other areas.
OpenSea, Alex Atallah – one of the co-founders of OpenSea – will be stepping down in August in order to focus on new ventures. He announced his decision on Twitter, sharing his letter with the rest of the OpenSea team.First and foremost, he claimed his decision to step down came from a desire to continue innovating in other areas.