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No Plans to Make US Dollar Sole Currency, Zimbabwean Finance Minister Calls Idea ‘Suicidal’
29.10.2021
The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not planning to make the U.S. dollar the country’s sole currency again. Government Focused on Strengthening Local Currency Instead of entertaining those calling for the dollarization of the Zimbabwean...
Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest
29.10.2021
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next...
LinkedIn reports crypto and blockchain job listings have surged 615% since August 2020
28.10.2021
The team said that financial services firms were expected to hire more than three times as many staff with experience in digital assets than in 2015
Fortnite Boss Slams Billionaire Tax He Doesn't Seem To Fully Understand
28.10.2021
Surprise, surprise, Epic Games founder, Tim Sweeney, is not a fan of the new billionaire tax being proposed in Congress at the moment. The CEO of the company, which prints money thanks to Fortnite, said the tax would possibly “end founder control” of Epic Games, calling into question whether...
For $24,000, You Can Buy Tecmo Koei Gold Coins
28.10.2021
Kou Shibusawa isn’t only one of Koei’s founders, he is also a game creator, a producer, and a brand name. As part of Koei Tecmo’s celebration of 40 years of the Kou Shibusawa banner, the company is offering some expensive gold coins. Interested?Read more
Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week
25.10.2021
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets...
Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates
23.10.2021
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from mining farms...
Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’
22.10.2021
According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin”...
As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%
21.10.2021
The crypto economy has come awfully close to nearing the $3 trillion handle as far as the value of all 10,000+ crypto assets is concerned. Today, crypto market aggregation sites show the entire crypto-economy at $2.756 trillion is worth more than the value of Apple’s market cap at $2.467....
New World's Economy Is So Busted, Players Are Bartering For Items
20.10.2021
The economy of Amazon’s new massively multiplayer online role-playing game New World is experiencing some growing pains. To be more specific, the currency on which the economy is based is in the midst of a deflation crisis, causing players to barter for items rather than spend their hard-earned...
Tipping In Japan? One Company Aims To Spread It Throughout The Country
20.10.2021
In Japan, tipping is basically not a thing. There are a few occasions where one does tip, such as at a ryokan, or a traditional Japanese inn. But generally, good service is expected minus tips. So if you go to a restaurant, the price on your bill is what you pay. One Japanese company is trying...
Blockchain brings the sharing economy to real estate investing
18.10.2021
Crypto adoption in the real estate market could see fractional property ownership becoming more popular
Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
17.10.2021
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces...
JMP Securities Sees Crypto Entering the Mainstream, Says Adoption Has Hit Escape Velocity
17.10.2021
Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that...
Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple
15.10.2021
On Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the market downturn in May as the top 30 market caps grew by...
Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralized Competitors
13.10.2021
On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized...
Cardano Slips to 5th-Largest Crypto Market Position — ADA Down 30% Since All-Time High Last Month
13.10.2021
During the second week of October, bitcoin market values have maintained prices between $54K to $57K. Meanwhile, myriad alternative crypto assets have not yet seen the gains the leading crypto asset has enjoyed during the last two weeks. For instance, cardano used to be the third-largest crypto...
IMF reiterates more oversight for crypto in latest report on financial stability
12.10.2021
The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility
Jeff Bezos Gets Plastered All Over Twitch Post Leak
9.10.2021
Just days after Twitch suffered a giant security breach leaking over 125GB of data, the face of Amazon founder and chairman, Jeff Bezos, was seen trolling several of the streaming platform’s game directory pages. How it got there, or why, remains a mystery.Read more
Yes, Far Cry 6 Has A Transmog Feature
8.10.2021
Far Cry 6, Ubisoft’s cockfighting game that includes a gazillion-hour open-world shooter, has a transmog feature. But you might not know so from the start. In fact, to take it from some players, it’s all too easy to glaze right over it.Read more