Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

Post Views: 73 Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a media report…

Globant Survey: Most Gamers Believe Metaverse Will Change the Gaming Industry Positively

Globant Survey: Most Gamers Believe Metaverse Will Change the Gaming Industry Positively

Post Views: 121 A survey published by Globant, a software development firm, and Yougov, found that most gamers believe that metaverse will change the gaming industry in a positive way. The survey, which consulted the opinion of 1,000 PC, console, and mobile gamers, also found that most gamers are still uncomfortable with advertising on the…

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

Post Views: 68 A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa…

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Weekend Gains

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Weekend Gains

Post Views: 98 Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week. Bitcoin (BTC) was in the green to start the week, as…

Play-to-Earn Fantasy Sports Game, Ultimate Champions, Announces July 25th Launch Date for Its CHAMP Token

Play-to-Earn Fantasy Sports Game, Ultimate Champions, Announces July 25th Launch Date for Its CHAMP Token

Post Views: 69 PRESS RELEASE. Unagi is shifting the way sports fans interact with their favorite sports clubs through their innovative free-to-play and play-to-earn fantasy sports game: Ultimate Champions. Live since April 2022, the company has shaken the industry with several trailblazing successes including: The fantasy sports market is estimated to grow to USD 50bn…

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

Post Views: 107 During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins stored in bitcoin treasuries has dropped since June 5,…

US and UK to Deepen Ties on Crypto Regulation, Says British Regulator

US and UK to Deepen Ties on Crypto Regulation, Says British Regulator

Post Views: 82 Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. The U.K. Financial…