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“# Crypto investors should consider buying gold, Newcrest Mining CEO says ” Sandeep Biswas, managing director and CEO at Newcrest Mining, believes crypto investors should consider buying some gold to protect themselves against highly unstable prices of cryptos like Bitcoin (BTC). “If you’re into cryptos, you want to consider having some gold,” Biswas said on…
“# Ethereum-based social media project shuts down as ETH fees approach new highs ” An Ethereum-based project has been forced to cease development due to rising gas prices, as the cost of transacting on the blockchain continues to push new highs. The official Twitter account for social media token project Unite announced on Feb. 10 that the…
“# Traffic to Binance surges to record highs, site goes down for maintenance ” Leading crypto asset exchange Binance was forced to suspend its spot and margin trading services just a few minutes after its CEO took to Twitter to boast the platform had smoothly handled new record highs for website traffic. Binance chief executive…
“# Perceived centralization could kill PoS networks: ShapeShift report ” A new report suggests that Cosmos, Polkadot and NEAR could fail to take off if they are perceived to have an issue with centralization — as the example of EOS demonstrates. Non-custodial crypto asset exchange ShapeShift has published a report predicting that Proof-of-Stake scalable smart…
“#Trump’s Twitter ban is permanent even if he returns to White House: exec” Donald Trump will never tweet again. The former president’s ban from Twitter is permanent and will not be lifted even if he runs for office in the future or even wins back the White House, according to a top executive at the…
“# Premier League football club enters VR partnership with crypto betting site ” Premier League football club Southampton FC has entered into a partnership with cryptocurrency betting website Sportsbet.io. The new venture will give Southampton fans the chance to take in the matchday experience during the COVID-19 lockdown via virtual reality headsets, while influencers will…
“# Russia has imported its largest Bitcoin miner batch ” Russia has reportedly imported thousands of cryptocurrency mining devices amid a massive surge in the crypto market. A senior executive at BitRiver, the largest crypto mining colocation services provider in Russia, claimed that a local client received over 20,000 crypto mining devices, Russian news agency…
“# Virtual land can be worth more than the real thing after plot sells for record $1.5M ” A non-fungible token, or NFT, representing digital plots of land has sold for a record $1.5 million in the crypto-tamagotchi virtual ecosystem, Axie Infinity. The platform offers NFTs for ‘Axies’, fantasy creatures that inhabit a player-controlled virtual…
“# Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network ” The exponential rise in Bitcoin’s price and hash rate is driving critics to once again question the largest blockchain’s energy efficiency — with calls for “green hackers” to band together to mount an attack on the network. Total world production and…
“# Darknet market link provider claims its Bitcoin donors’ accounts were frozen ” The administrator of dark.fail, a website providing verified links to darknet markets, claims that exchanges are unfairly closing accounts donating Bitcoin to the service after implementing a Chainalysis transaction flagging system. The admin alleged in a tweet that two donors of Bitcoin…