Cointelegraph interviewed Shaban Shaame, CEO of EverdreamSoft, whose company produced what is considered to be the first blockchain-based mobile game called Spells of Genesis, or SoG, in 2015. This trading card game launched at a time when few investors and gamers saw the value in blockchain gaming or even Bitcoin, and it faced heavy competition from AAA game producers who shifted to…
Month: March 2022
CleanSpark Announced Year To Date BTC Production And Mining Facility Investment
CleanSpark produced 581 BTC from January 1st, to February 28th. CleanSpark continues to hold 494 BTC after the conversion of 253 BTC for business operating expenses focused on the sustainable Norcross Facility. The Norcross facility was expected to increase mining efficiency by 20%. CleanSpark, Inc. (Nasdaq: CLSK), a bitcoin mining and energy company focused on sustainability, released their bitcoin production…
UK financial watchdog is investigating 50 unauthorized crypto firms
The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on unregistered crypto businesses. In a Thursday announcement, the FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months “many of which may be scams.” In addition, the country’s…
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes – Economics Bitcoin News
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for the U.S. economy are highly uncertain” and the Fed “will…
Bitcoin heads for $42K support as stocks pullback nudges BTC price lower
Bitcoin (BTC) broke through $43,000 after the March 3 Wall Street open with U.S. equities trending down. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks, Bitcoin slide lower on the open Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it stayed within a narrow intraday range Thursday. $43,000 had held as support overnight, nonetheless seeing multiple tests as traders…
Swiss city of Lugano to pay taxes in crypto via Tether partnership
The city of Lugano, the economic capital of Italian-speaking southern Switzerland, is adopting cryptocurrencies for tax payments as part of a new collaboration with the provider of Tether (USDT) stablecoin. Tether Operations Limited, the blockchain-based platform that powers USDT, the world’s largest stablecoin by market capitalization, has signed a partnership with the administration of Lugano, according to a joint announcement…
UK Financial Watchdog Opened 300 Crypto Cases in 6 Months, Many ‘May Be Scams’
The UK’s Financial Conduct Authority (FCA) has announced that over the last six months, it opened over 300 cases relating to crypto asset businesses. These cases relate to businesses possibly not being registered with the financial authority, as well as potential scams. A spokesperson for the FCA told Decrypt that a crypto asset business may also have more than one…
Coinbase provides institutions with trusted access and storage for DeFi tokens | by Coinbase | Mar, 2022
By Sonia Pinto, Senior Product Marketing Manager and Alexis Hamel, Product Manager, Custody Coinbase Prime offers custody and trading for more than 50 DeFi coins and tokens, across a wide range of segments, including DEXs, lend, and borrow.We facilitate governance for a growing number of tokens including UNI, COMP, and MKR. This gives our customers the opportunity to directly participate…
Bitcoin Will End The Weaponization Of Money
For decades, people all over the world have seen money weaponized in the constant, pointless, deadly and unethical geopolitical games played by a handful of sociopathic “leaders” who believe the world is nothing more than a spherical game board upon which they play their “Great Game,” where territories are fought over and captured, fortunes made and lost and the people…
Terra’s Anchor Protocol erases ‘crypto winter’ losses, ANC price rebounds 300% in a month
Anchor Protocol (ANC), a DeFi platform built on Terra blockchain protocol, rebounded nearly 300% in over a month after bottoming out near $1.26. ANC price went as high as $4.97 on the Bitfinex cryptocurrency exchange on March 3, 2022, breaking above the previous record peak near $4.50 established on Dec. 3 last year. In doing so, the Anchor Protocol also…