American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, Matt Wolf, told the press that the company is looking at the cycle right now and “figuring out where we want to jump in.” Farmville and Words With Friends Game Developer Zynga Details Plans to Join the NFT…
Canadian superstar rapper Drake is using bitcoin to bet that the Los Angeles Rams will beat the Cincinnati Bengals in the upcoming Super Bowl match on Sunday. The award-winning musician shared on Instagram that he placed a total of around $1.26 million worth of BTC in bets on Sunday’s match, including over $470,000 on Rams winning the Super Bowl and…
Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, contributing capital investment, expertise and parts. As part of the joint venture, Bitmain will contribute to the development of up to 500 MW of clean digital mining infrastructure at Merkle Standard’s hydro-powered facilities in Eastern Washington. Bitmain is a household name in the Bitcoin ecosystem, famed for…
February is Black History Month, and it’s worth recounting that cryptocurrency and blockchain technology have already had a significant impact on the African-American community. Peoples of color own cryptocurrencies at consistently higher levels than white people, surveys show, while anecdotal evidence suggests crypto has also unleashed a wave of innovation and entrepreneurial energy in the Black community — from New…
On February 7 and 8, Round Rock, Texas experienced an event that could prove to be a pivotal moment for the whole of the Bitcoin space. What was happening in this suburb of Austin was not motivated by “nUmBeR gO uP,” or “wen lambo.” The only conversations that could be heard were exchanges of real value: Discussions on how we…
Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Support and resistance zones narrow Data from Cointelegraph Markets Pro and TradingView showed BTC/USD awaiting a trigger to test either support or resistance nearby as Wall Street opened on Friday. The largest cryptocurrency had seen difficult moves for…
India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryptocurrency was raised in parliament after the government announced that income from crypto transactions will be taxed at 30%. Finance Minister Reveals Status of Crypto Policy in India India’s finance…
Metaverse startup Portals has raised fresh funds to finance its browser-based metaverse that allows people to enter without virtual reality (VR) equipment. Portals co-founder Adam Gomez told Cointelegraph that a browser-based platform lowers the barrier to enter metaverse for many people. Simply clicking a link would allow users to enter the metaverse or someone else’s space. He added that users…
Watch This Episode On YouTube Listen To This Episode: In this episode of Bitcoin Magazine’s “Fed Watch,” we got an update on the European Central Bank (ECB), used a candy to make the Bank of Japan interesting and we talked about recent troubles with BlockFi and bitcoin lending. “Fed Watch” is a podcast for people interested in central bank current…
The explosive combination of blockchain and physical assets is making a real difference in how young people can access traditionally illiquid, expensive and slow-moving physical assets such as property. Formerly a once or twice in a lifetime purchase for most people, this lucrative investment opportunity is now being democratized so everyone can share in the wealth. This is important because…
