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Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’
31.8.2022
BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.”
Pokémon GO TikTok Seems To Say The Quiet Part: People Are DTF Pokémon
31.8.2022
Look, it’s not a comfortable topic. But, unafraid as we are to cover the more controversial, divisive topics at Kotaku, we think it’s time to acknowledge it: Some Pokémon are just kinda hot. And it seems even official Pokémon companies may be willing to acknowledge this.Read more
Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say
31.8.2022
Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors are considering projects for another 200 MW despite constraints stemming from Western sanctions, a report reveals. Annual Income From Crypto Mining With Associated...
Inflation Hedge or Not, Bitcoin's True Value Is Separation of Money and State
28.8.2022
Inflationary forces are still out there and investors are thinking about how best to protect themselves. Is bitcoin a way to do that?
Cryptocurrencies copying Bitcoin not really making the cut, experts say
26.8.2022
Pierre Rochard said that Bitcoin is the best digital money network and everything else is worse
While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey Finds
26.8.2022
The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated. Experts say that currency restrictions imposed earlier this year are helping growth in interest...
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
25.8.2022
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors...
72% of Russians say they have never bought Bitcoin: Survey
25.8.2022
A new survey hints at a lack of crypto awareness in Russia as only 6% of respondents were found to have good knowledge of crypto
Nearly half of US adults say their crypto punts are worse than expected: Survey
24.8.2022
It's too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets
23.8.2022
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International Monetary Fund (IMF)...
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
23.8.2022
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel...
Two-thirds of Surveyed South Koreans Say Cryptoassets Aren’t Securities
22.8.2022
Over six in 10 South Koreans do not think cryptoassets are securities, a new opinion poll has found – although lawmakers may instead prefer to follow Washington’s lead in determining which coins to class as securities.
The survey was conducted by Cratos, the operator of a blockchain...
Voyager's Creditors Say 'No' to the Lender's 'Retention' Bonuses for Employees
22.8.2022
Creditors of the troubled crypto lender Voyager Digital have objected to the company's motion to pay employees "retention awards," saying that it should instead lower "headcount" to decrease costs.
The Official Committee of Unsecured Creditors, a group of Voyager customers, said in a recent legal...
Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds
21.8.2022
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for...
Voyager Customers Say No to Employee 'Retention' Bonus Bid
20.8.2022
A group of Voyager's creditors have formally objected to the beleaguered crypto lender's bid to pay "retention awards" to its current employees, saying Voyager has done nothing to reduce personnel costs
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds
18.8.2022
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts in the country. Experts...
'Don't Say Terra' and Other Reflections From Korea's Crypto Extravaganza
18.8.2022
A series of conferences in Seoul explored the future of DeFi, but the $40 billion blowup of a major Korean crypto project was not on the agenda
Nintendo Of America's Testers Say They Faced Years Of Sexual Harassment
16.8.2022
Two years ago, a contract game tester named Hannah (not her real name) had a harrowing experience that led her to quit her dream job at Nintendo of America after nearly a decade. Several employees had created a group chat on Nintendo’s Microsoft Teams server called “The Laughing Zone.” It...
Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’
15.8.2022
The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has a lot more debt than it...
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit
15.8.2022
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have...