Amid the ongoing crackdown on cryptocurrency mining in China, prices of graphic cards from major GPU providers like Nvidia and Asus are becoming more affordable. According to a Monday report by South China Morning Post (SCMP), prices of some graphic cards have tumbled as much as two-thirds on Chinese e-commerce […]
There was a time the digital asset industry was such a niche that its only investors were dedicated technophiles: people who had either been drawn in by the early writings of Satoshi Nakamoto or by a general excitement at what could be achieved with digital cash. In 2021, the reality […]
The gaming industry has seen a massive influx of users in the last year and a new poker app based on the blockchain, Virtue Poker at the heart of this popularity, by being the first ever poker app to become operable on multiple chains. Virtue Poker, based on the Ethereum […]
UK fintech Revolut reported a 57 percent jump in its 2020 revenue, but the company’s losses for the year deepened despite the year-end cryptocurrency boom. The operating loss for the startup came in at £200.6 million. The financials released by the UK digital bank shows that it ended 2020 with […]
China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of China (PBOC) aims to protect Chinese citizens and “combat the speculation of Bitcoin and other virtual currency transactions.” PBOC Tells Banks to Stop […]
The Bank of Russia continues its tough stance on cryptocurrency trading despite growing concerns over the country missing out on the digital asset industry. The governor of Russia’s central bank, Elvira Nabiullina, reiterated the bank’s negative stance on crypto in a Monday interview with Komsomolskaya Pravda, arguing that crypto is […]
Elon Musk recently brought up the genuine power consumption issue with mining Bitcoin, and cryptocurrency miners finally woke up. They should, at least as far as this is the time of transition anyways. Ethereum is forking, moving soon to full staking, and is facing having yet another classic version. That […]
The Ministry of Interior of the Islamic Republic of Iran has blocked the activities of the Iran Blockchain Community (IBC), but the association claims they still haven’t received direct notice. The Social Affairs Organization of the Ministry required reports on IBC’s financial performance and dealings with cryptocurrency exchanges via a […]
OANDA, a retail broker with operations around the world, has promoted its long-time employee John Murphy as the company’s Head of the United Kingdom. Along with his current role, Murphy will continue to be the broker’s Global Head of retail sales. He took over the new responsibilities earlier this month, […]
Frank McCourt, a billionaire real estate mogul and former owner of the Los Angeles Dodgers, is backing a new effort for a decentralized social media project based on blockchain technology. McCourt is investing $100 million into an attempt to reinvent the foundations of social media by building a publicly accessible […]
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