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According to a post published on May 1, the non-profit organization Wikimedia Foundation (WMF), which oversees the operation of Wikipedia and other pertinent projects, decided to follow “a formal request from the community that the WMF no longer accept such donations, a request that came from three months of discussion among members of the community.”
The main reason for the network collapse was the huge number of transactions sent by mining bots with which validators could not manage. The bots worked through one of the projects based on the Solana network – “Candy Machine”.
The Coinbase Co-Founder and Chief Executive Officer Brian Armstrong predicts a substantial increase in cryptocurrency users within the next few decades. The 5 times increase which could potentially reach one billion users could happen in the next 10-20 years.
One of the key players in the American market of pension investment programmes, Fidelity Investments, announced that it provides an opportunity for its customers to deposit 401 (k) bitcoins on their accounts.
Warren Buffett is at it again. Speaking at the Berkshire Hathaway annual shareholders meeting Saturday, the legendary investor has lambasted Bitcoin. According to him, the coin is not a good asset and does not produce anything tangible.
The main reason for tightening control over the crypto market was scammers, because of which the Belgians have already lost more than 10 million euros since 2019.
The American startup Yuga Labs, which created the popular NFT Bored Ape Yacht Club, has earned about $285 million by selling land in the metaverse, which is in development. The online auction took place on 30 April.
The success achieved by the Terra blockchain platform after the launch of its own stablecoin UST (Terra USD) has become a trigger for similar solutions from other well-known protocols.
The American Texas-based company is set to sell mining equipment worth $30m in Siberia, Russia. As the sanctions imposed by the US and the rest of the world against Russia pile up, cryptocurrency companies seek ways to exit the sanctioned state.
The famous question “wen Lambo?”, referring to the exuberant lifestyle of those making money on Bitcoin price spikes, has been modified to “wen Lambo fixed?” Provided that you own a Lambo, that is. JayFab, a Redditor who owns and operates a welding and fabrication company in Kansas, has reportedly been paid in Bitcoin for fixing his client’s Lamborghini Aventador.
Digital payments company Flexa has added the ability to accept over 99 digital currencies from any app or crypto wallet. This is said in a statement of Flexa Payments.
The 144 square meter Meta Store will open on the 9th of May on Meta’s campus in Burlingame, California, located in close proximity to Meta’s Reality Labs HQ, which is currently working on building its metaverse.
The Central African Republic has become the second state in the world to officially recognize digital currency as a means of payment. Now, together with the CFA franc BEAC, local residents can use Bitcoin to pay for goods and services.
As Victoria Rodríguez Ceja, head of the Bank of Mexico, noted, the digital currency will have additional features that will make financial processes automatic and accelerate them.
The New York State legislature has supported a bill to freeze the actual level of carbon emissions caused by the mining of digital currencies. It was voted by the assembly of the legislative authority.
Tesla’s financial report for the first quarter of 2022 confirmed that Elon Musk’s company has retained its digital assets (consider “bitcoins”) at the same level.
The British budget for the current year increased by £24.3 million and amounted to £320.9 million. The increase was initiated by the UK Prudential Regulatory Authority (PRA). Additional assets should compensate for the risks associated with digital currencies.
In Vietnam, a state organization has been launched to help crypto startups. Business representatives, together with the authorities of the country, created the Vietnam Blockchain Union (VBU).
American congressmen have drawn up an appeal to the Environmental Protection Agency (EPA) with a request to assess the eco-friendliness of the cryptocurrency mining process. In particular, we are talking about compliance with fundamental environmental laws on clean air and water.
The National Bank of Ukraine limits “quasi cash” operations for individuals. During the state of war, citizens are prohibited from conducting them from hryvnia accounts. Such a decision should stop the unproductive capital outflow.
A special report by the Reuters news agency shows that one of the biggest crypto exchanges Binance has leaked client data to the Russian watchdogs.
With inbuilt Game-Fi and Social-Fi features, the “Move-to-Earn” Solana-based game has been gaining attention despite its pricey cost.
The Iranian government plans to increase fines for illegal mining of cryptocurrencies using subsidized electricity. This is reported by Tehran Times, referring to a representative of the energy department.
North Korea is once again in the loop. Last week, Virgil Griffith, the former developer at the Ethereum Foundation, was arrested and fined for attending a blockchain conference in Pyongyang in 2019, where he explained how the country could avoid international sanctions.
South Korean auto holding Hyundai Motor has decided to launch its own line of non-fungible tokens. The automotive company attracts car owners to its Hyundai metaverse in this way.
A recent proposal to change the Bitcoin network’s data size limit raised heated discussions across the community. Opponents argue that the change would fundamentally alter Bitcoin.
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.
