In brief Game publisher Team17 revealed plans to create Ethereum-based NFTs inspired by the Worms franchise. The announcement has received significant backlash on social media, with one game developer saying it will no longer work with Team17. Team17, an independent video game publisher, announced today that it has partnered with Reality Gaming Group (RGG) to launch NFTs based on the…
Month: January 2022
JP Morgan: Bitcoin, Ethereum Continue to Face ‘Significant Challenges’
JP Morgan analysts have said that Bitcoin will struggle to get institutional adoption because of its volatility while Ethereum will face more competition from rival blockchains. In a note for investors, analysts at the New York City-based bank said that they saw “significant challenges” going forward for the two biggest cryptocurrencies by market cap. But the note also said that…
Ethereum ‘Killers’ Solana, Terra and Avalanche Got Killed in January
In brief “Ethereum killers” are blockchain networks that use smart contracts to enable DeFi, NFTs and other applications. They’ve been some of the biggest losers in the January crypto crash. January has been brutal for Bitcoin, with prices declining 20% since the start of the month. But as bad as it’s been for BTC, things have gone much worse for…
Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
One of the most fascinating implications of the collision between traditional political institutions and the crypto space is how it can reveal the glaring lack of cohesion within power systems that otherwise look monolithic. Digital assets reside in a parallel policy dimension where neither a centralized consensus nor a clear rulebook exists, leading to a surprising variety of voices and…
Altcoins rack up 30% gains as Bitcoin price chases after $39,000
The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin’s (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of adoption and multi-million-dollar financing rounds continue to make headlines on a regular basis. As Bitcoin trades at $38,500, analysts are highlighting the current price action as a possible buy zone and this…
Ariva (ARV) Announces Milestone Partnership With World Tourism Forum Institute (WTFI) and Global Tourism Forum (GTF) – Press release Bitcoin News
press release PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, has announced a partnership with World Tourism Forum Institute and Global Tourism Forum. This is a significant development and will place Ariva at the forefront of the tourism industry. Ariva reveals key partnership Ariva will be leveraging its collaboration with World Tourism Forum Institute and Global Tourism Forum…
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: report
Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using digital currency for payments at many venues, the international test run of China’s CBDC is reportedly facing hurdles due to the pandemic. According to a Monday report from CNN, athletes, officials, and journalists for the country’s olympics games are largely separated from the…
Why Donald Trump Needs Bitcoin
Bitcoin capital does not care where it resides. It will go wherever it gets the best treatment. I want the United States of America to be the best place for Bitcoin capital and the Bitcoin industry. I want my home country to be a part of the future instead of the past. I cannot move away from the U.S. in…
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation – Finance Bitcoin News
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion. FTX Series C Fundraise Brings Firm’s Valuation to $32 Billion FTX Trading Ltd. has…
Bitcoin mining network accounts for 0.08% of world’s CO2 production
In a new report published by CoinShares on Monday, the firm estimated that the Bitcoin (BTC) mining network emitted 42 megatons, or Mt, (1Mt = 1 million tons) of carbon dioxide, or CO2, in 2021. In context, the number amounts to less than 0.08% of the world’s total emissions of 49,360 Mts of CO2 in the same year. CoinShares came…