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.
The life of web scammers and hackers can become much more difficult. As far as they often used the Tornado Cash Ethereum service to “mix” transactions, it created a criminalized media image of the Tornado mixer itself.
The main reason for the suspension of the company’s work was the climatic conditions.
The largest airline in the United Arab Emirates uncovers a plan to integrate digital experiences for its customers. The company announced its commitment to invest millions of dollars into providing its clients and employees with metaverse-related experiences and services. The digital initiatives are planned to come to life in the upcoming months.
Virgil Griffith, a former developer at the Ethereum Foundation, landed in hot water. Following his decision to travel to North Korea in 2019 to attend the Pyongyang Blockchain and Cryptocurrency Conference, he was indicted for the violation of the International Emergency Economic Powers Act.
She avoids hype, doesn’t promise miracles, and refuses to trade on fear—yet Wall Street reads her. Who is Lyn Alden, and why are her ideas challenging the foundations of modern finance?
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.
