Between COVID and Environmental Issues, Bitcoin Continues to Sink
The price of bitcoin has fallen from around $51,000 to just over $47,000 at the time of writing, and several other forms of crypto are also feeling the heat. Ethereum,…
Panasonic’s Shiftall to develop three VR products for metaverse
Shiftall, a subsidiary of Japanese multinational conglomerate Panasonic, announced on January 4 that it has released three Virtual Reality (VR) products to be used in the metaverse. Scaling its entry……
Marathon Digital mined 3,197 BTC in 2021: report
Marathon Digital Holdings, a major cryptocurrency mining company based in the United States, released its Bitcoin (BTC) mining report for the fiscal year ending December 2021 on January 3. The…
South Korean presidential candidate to fund campaign via NFTs
A South Korean presidential candidate has turned to NFT and crypto enthusiasts to fund his campaign for the upcoming 2022 South Korean presidential election, The Korea Times reported Tuesday. As…
Italy’s top commercial bank Banca Generali to enable Bitcoin trading
Banca Generali, a major Italian private bank, will now offer Bitcoin-related services to its more than 300,000 private customers, Italian financial magazine We Wealth reported last month. As per the……
Grayscale readjusts DeFi Fund’s portfolio, replaces BMT, UMA with Flexa’s AMP
Digital asset manager Grayscale announced in a Tuesday press release it has readjusted component weightings of some digital assets in its DeFi fund portfolio. As per the announcement, the firm…
Elon Musk Thinks He Knows Who Satoshi Nakamoto Is
Elon Musk seems to think he knows who Satoshi Nakamoto is. Nakamoto is the pseudonym of the alleged creator of bitcoin, the world’s number one digital currency by market cap,…
Bitcoin Stumbles Again; A Rocky Start to 2022
It’s 2022 and bitcoin is not starting the new year off well. The currency – which was recently trading for as much as $51,000 per unit just last week –…
Bitcoin hashrate hits record high as network turns 13
As if to commemorate its 13th anniversary, the Bitcoin network has recorded an All-Time Hashrate of 207 exahashes per second (EH/s) on Sunday. As per data by BitInfoCharts, the Bitcoin…
Bank of Jamaica concludes first CBDC pilot, calls it a success
Caribbean island nation Jamaica, which started testing its CBDC in March 2021, announced on December 31 that it has concluded the first phase of the CBDC pilot program. The country’s…