Resistance is futile! 3 reasons why Bitcoin mining will never go away
In the summer of 2021, the Chinese government banned Bitcoin (BTC) mining and cited the typical concerns of harmful environmental...
Blockchain News
Ukraine Joins European Blockchain Partnership as Observer – Blockchain Bitcoin News
Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate...
Bifrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions
On Friday, Bifrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot...
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their...
High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective
On Thursday, ZachXBT, a cyber detective in the decentralized finance, or DeFi, realm, accused prominent Taiwanese musician and blockchain personality...
Yahoo launching Metaverse events for Hong Kong residents under restrictions
Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its...
Su Zhu’s cryptic statement as rumors swirl of 3AC liquidations and insolvency
Su Zhu, the co-founder of Singapore-based crypto venture capital firm Three Arrows Capital (3AC) has put out a cryptic statement...
Illicit crypto usage as a percent of total usage has fallen: Report
Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity,...
DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert
As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its...
What can other algorithmic stablecoins learn from Terra’s crash?
The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics...
Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users – Blockchain Bitcoin News
Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in...
‘The metaverse will empower human beings’, declares Qatar Airways
Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can...
Anchor dev claims he warned Do Kwon over unsustainable 20% interest rate
Anchor protocol was originally designed to offer an interest rate of 3.6% but this was dialed up to 20% just...
Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea
Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token...
Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store – Blockchain Bitcoin News
On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will...
Australian Mayor downplays crypto volatility, recommends it for rates payments
Tom Tate, the Mayor of Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay local...
Global Web3 metaverse and tax initiatives continue in the face of a market meltdown
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies...
India’s RBI deputy governor to IMF
In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India...
Kenyan energy company entices Bitcoin miners with geothermal power
Kenyan energy company KenGen has put out a call to Bitcoin miners to move nearby and buy its excess renewable...
Accuweather Collaborates With API3 in Order to Provide Blockchain-Powered Weather Data – Blockchain Bitcoin News
On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to...
Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’
Ethereum layer-2 scaling solution Optimism has been overwhelmed with “all-time high demand” following the launch of its highly anticipated airdrop on...
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million – Blockchain Bitcoin News
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million...
