Author: e_cash_top
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Argentina fan token dumps 50% despite World Cup win
[ad_1] Argentina’s fan token ARG dumped over 50% of its value, trading for as low as $2.68 from over $6 in the last 24 hours despite the country winning the 2022 FIFA World Cup in Qatar, according to CryptoSlate data. The drop in the fan token’s value is a surprise, as holders would have expected…
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Elon Musk likely to resign as Twitter poll votes 57.5% in favor of him stepping down, DOGE falls 3%
[ad_1] The Twitter poll posted by Elon Musk on Sunday evening has ended with the final results showing 57.6% of voters in favor of Musk resigning from his position. Musk stated that he would “abide by the results of this poll” and thus, onlookers are awaiting his next announcement. Elon Musk Twitter Poll Candidates have…
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Nigeria set to recognize crypto as an investment class
[ad_1] Nigeria lawmaker Babangida Ibrahim said that the country is set to recognize cryptocurrencies as an investment class in its proposed investments and securities amendment bill, local Punch news reports. The amendment bill passed the second hearing will allow the Nigerian Securities and Exchange Commission (SEC) to recognize cryptocurrency as capital for investment. About a…
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Bitcoin mining difficulty to end year rising by 3%
[ad_1] Bitcoin mining difficulty is expected to increase by at least 3% on Dec. 19 for the final adjustment of the year, according to Bitrawr Bitcoin difficulty estimator. Source: Bitrawr According to the data, BTC’s current mining difficulty is at 34244331613176.18, and the estimated 3% increase would take the mining difficulty to between 35421102548895 and…
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Record-breaking Bitcoin whale selloff, 280k BTC offloaded in 30 days
[ad_1] Whales, the largest holders of Bitcoin (BTC), have been selling the most BTC ever recorded on a 30-day basis. Over the last 30 days, these whales have offloaded a total of 280,000 BTC, according to Glassnode on-chain data. It is estimated that whales currently hold around 9 million BTC, representing a significant portion of…
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Riot Games to terminate FTX sponsorship due to “reputational harm”
[ad_1] North America (NA) League of Legends Championship Series, LLC (Riot) has made a filing in the FTX bankruptcy case requesting that the court either “compel FTX to reject the Agreement” or allow Riot to terminate the Strategic Sponsorship Agreement it has with FTX. According to Riot, the Agreement, signed on Aug. 21, 2021, is…
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Sporting metaverse at $80B inflection point as World Cup ends
[ad_1] As the World Cup in Qatar comes to a close, a report from Web3 Studios revealed exciting insights into the sporting metaverse industry, which it claims is “at an inflection point.” It indicated the potential for the industry to hit $80 billion in size by 2030. The report included contributors from Animoca Brands, FaceIt,…
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What should FCA consider in UK’s crypto hub race?
[ad_1] The UK’s financial regulator, the Financial Conduct Authority (FCA), has been continuously facing criticism from British lawmakers and the crypto industry members for their stand on strict regulations and, therefore, seemingly a utopian desire to become a crypto hub in the next few years. For instance, one major claim against FCA entails the slow…
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Mining in the wake of the ‘Merge’ & cost of Living crisis w/ChumpchangeXD – GotGh Podcst #1
[ad_1] Highlights The state of cryptocurrency mining following a recent event called the “merge” The effect of the merge on mining profitability The rise in electric rates for miners The potential for heating your home with crypto miners The host’s experience with mining and selling his cryptocurrency for an HDMI cable. Overview In the podcast…
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Web3 — sense and nonsense
[ad_1] As with any narrative, the Web3 narrative serves certain stakeholders and is in turn, fueled by them to serve their interests. On one side, it is the venture capitalists facile exhortation at a euphemism for the term that K Street does not favor (“crypto”); on another side it is a half-hearted attempt by the…