Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic. An entrepreneur who first learned of Bitcoin while living in the United States, Ovidy has since built a business with Bitcoin at its core. Below, Ovidy…
Cryptocurrency exchange FTX has withdrawn from talks to offer a jersey patch to the MLB outfit Los Angeles Angels, according to a New York Post report citing sources with direct knowledge of the negotiations. A similar patch deal between the NBA’s Washington Wizards and another unnamed crypto firm fell through in recent days as well, with the latest market crash…
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republic’s Ministry of Energy announced. Legal Crypto Miners in Iran to Halt Operations Again Due to Electricity Shortages Authorized crypto mining enterprises in Iran will have…
Gamers rejoice! While crypto investors look for the bottom to the ongoing meltdown, the cost of graphics cards has steadily decreased amid the ongoing crypto market crash. “GPU prices dropped 15% in May, and we’ve seen similar 10-15% drops each month for the past several months,” PC news and review website Tom’s Hardware reported on Wednesday. “We saw the best…
press release PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list MintMe.com Coin (MINTME) on June 22, 2022. For all users of LBank Exchange, the MINTME/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on June 22, 2022. Providing a new and innovative way of crowdfunding, MintMe.com…
Tesla and SpaceX CEO Elon Musk reiterated his support for meme coin cryptocurrency Dogecoin, albeit evasively, at this year’s Qatar Economic Forum in Doha. “I intend to personally support Dogecoin, because I just know a lot of people who are not that wealthy who have encouraged me to buy and support Dogecoin—so I’m responding to those people,” he said, in a…
Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto cash back through different fintech partners in the region. Visa…
Ethereum co-founder Vitalik Buterin has criticized the controversial Bitcoin (BTC) stock-to-flow (S2F) model, popularized by a pseudonymous Dutch institutional investor known as PlanB. The BTC stock-to-flow model gained a lot of attention during the bull run as it got several price predictions right, however, the model deviated on a number of occasions during the bull market as well. Buterin joined the growing list of critics…
CEL, the native token of embattled crypto lender Celsius Finance, is up 50% on the day as members of the project’s community attempted to orchestrate a short squeeze. A short squeeze takes place when traders bet that the price of an asset will drop, but the price goes up instead, forcing them to close their positions. Rallying around the #CELShortSqueeze…
What is a play-to-earn crypto game? Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and gamers a more interactive, immersive and incentivized experience than ever before through the new game model advertised by tech enthusiasts and named the play-to-earn (P2E) crypto games model. P2E games, also known as blockchain-based or cryptocurrency games, gain significant attention from the…
