Cryptocurrency Analysis and News Portal
After having been hailed as a champion of sorts by many within the global digital asset market, Tesla CEO Elon Musk dropped a bombshell on the crypto community earlier in May, backtracking the company’s decision to start accepting Bitcoin (BTC) as a means of payment for various automotive sales. The
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The energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has been an increasingly popular topic of discussion in recent weeks.On Friday, CNBC posted an interview with SUKU CEO Yonathan Lapchik, during which he explained the Bitcoin mining scene as it relates to renewable energy. The
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Through the partnership, physical pieces will be distributed by DIGITALAX while Polygon will mint the corresponding NFTs. Polygon Network, formerly known as Matic protocol, has announced its collaboration with the DIGITALAX platform to issue a hybrid digital and physical fashion line. According to the dual, the partnership
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It’s as reliable as the changing of the seasons: another year, another Earth Day, and another misguided missive about crypto’s outrageous energy consumption.Last week, the New York Times published a piece that sought to remind readers of the “astonishing environmental costs” of cryptocurrency mining. It was a prime example of
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Crowny’s platform makes use of the Ethereum blockchain and will subsequently use Solana for its fast transactions and low fees. Advertising is a billion-dollar industry that suffers from an ongoing problem, and that’s ad relevance. In fact, 68% of people say they wouldn’t mind ads as
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The DeFi movement promises to provide a lot of benefits, including the elimination of regulators and intermediaries and making financial markets more accessible to retail investors.2020 was indeed an exceptional year for cryptocurrencies as so many of them outperformed most traditional assets, but 2021 seems more promising. From all indications,
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It’s a special occasion, and time to uncork the good stuff. But how do you know if the expensive bottle of wine on the dinner table really contains what its fancy label claims? China is one of the largest wine consumers in the world by total volume, ranking fifth below the
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South African crypto firms are threatening to move abroad if local lawmakers are unable to provide regulatory clarity to its domestic digital asset industry.Speaking to Bloomberg, Sean Sanders, the CEO of local crypto investment platform Revix — who plan to relocate their head office to the United Kingdom, described the
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With an explosion of video streaming as a result of the COVID-19 pandemic and now around $40 billion locked into decentralized finance protocols, it’s time for decentralized finance and the film industry to meet.Film financing is a cumbersome and inefficient system. Investors are the first to put their money in
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The international capital markets currently use legacy infrastructure that carry many risks and inefficiencies. The good news is that blockchain and smart contract technology have begun to replace this infrastructure, and early participants are already reaping the benefits. Issuers are gaining lower-cost access to capital from more diverse investors. Investors are
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