sponsored Metaverse is the trending concept in the blockchain industry due to its massive potential in different sectors. Blockchain gaming is one sector that has embraced the metaverse, and GensoKishi Online “Meta World” is at the forefront of this development. GensoKishi Online “Meta World” is a new metaverse and GameFi version of the popular GensoKishi game that more than 8…
French gaming giant Ubisoft Entertainment SA’s new nonfungbile token (NFT) project Quartz is facing strong pushback from the gaming community. Ubisoft unveiled the Beta launch of Quartz via a brief YouTube video on Dec. 8 that has 214,721 views at the time of writing. The project aims to combine NFTs and blockchain technology with existing Triple-A game titles, and announced…
The Southern Poverty Law Center (SPLC) has released a report examining the extensive ties between the far right and Bitcoin, many of whom built fortunes in the cryptocurrency. In a Dec. 9 Hatewatch report, the SPLC shared its findings on how right wing extremists and white supremacists, discuss and use cryptocurrencies claiming that many have amassed “tens of millions of…
In less than two weeks after its previous bitcoin purchase, Microstrategy bought more bitcoins. The company has added 1,434 coins to its treasury, bringing the total holdings to 122,478 coins. At the time of writing, the company’s total bitcoin stash is worth about $6 billion. Microstrategy Purchases 1,434 More Bitcoins The Nasdaq-listed company Microstrategy has purchased more bitcoin. CEO Michael…
Executive Chairman and Co-founder of Ripple Chris Larsen has unveiled his plan for Bitcoin miners to move away from Proof of Work (PoW), saying they should view it as “a net positive for their longevity.” He argues it could provide a major boost to the share prices of listed mining firms “as any new code proposal would almost certainly have…
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Bad news for Evergrande Even after all the regulatory crackdowns, China isn’t letting 2021 slip away without a few more blows to the crypto markets. On December…
Crypto payment firm Bitpay has added support for the meme cryptocurrency shiba inu. Following Bitpay’s announcement, retail giant Newegg announced that it too has begun accepting SHIB for payments. AMC Theatres is also expected to begin accepting SHIB soon. Meanwhile, a petition for the popular trading platform Robinhood to list shiba inu crypto has garnered more than 545K signatures. Bitpay…
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin balance on cryptocurrency exchanges. Total bitcoin on exchanges has hit another three-year low today, with 2,408,237 BTC across all reported exchanges. Total…
An Amazon Web Service (AWS) outage on Dec. 7 forced the decentralized exchange dYdX to halt operations, raising questions over the reliance on centralized services by DeFi protocols. AWS is one of the most widely used cloud services in the world and a considerable amount of decentralized infrastructure uses it. AWS offers servers, storage, networking, remote computing, email, mobile development,…
Solana’s blockchain performance was reportedly hit by a distributed denial of service (DDoS) attack over the past 24 hours, however the network appears to have remained online throughout. A DDoS attack generally refers to a large number of coordinated devices, or a botnet overwhelming a network with fake traffic to take it offline. This wouldn’t be the first time Solana…
