Miners keep finding blocks of BTC at insignificant capacities — today a "solo-lucky" miner earned 6.25 BTC ($270,000) with a hash rate of only 116 TH/s. This amount of power produces from one to three mining devices, depending on the model.
The interesting fact is that the miner was connected only 2 days ago – one can say the man won a golden ticket.
The interesting fact is that the miner was connected only 2 days ago – one can say the man won a golden ticket.
💳 Visa is partnering with ConsenSys to create a payment module for CBDCs on an enterprise version of Ethereum — the companies intend to adapt CBDCs to the existing financial system so consumers can spend them freely at all Visa card-enabled merchants.
"We surveyed approximately 30 central banks to understand their vision for CBDC and identify ways our network, infrastructure and value-added services can support them," Visa said.
"We surveyed approximately 30 central banks to understand their vision for CBDC and identify ways our network, infrastructure and value-added services can support them," Visa said.
🔒 Tether blocked another $160 million USDT at the request of law enforcement — it is now impossible to move stablecoins from three specific addresses.
As of now, there are already 563 Ethereum addresses on the blacklist. In addition to blocking, Tether has a service to return USDT sent to the wrong address.
Real "decentralization"
As of now, there are already 563 Ethereum addresses on the blacklist. In addition to blocking, Tether has a service to return USDT sent to the wrong address.
Real "decentralization"
Indonesian student sold his selfies by turning them into NFTs
The other day, Ghozali Ghozalu, an Indonesian college student, managed to sell a collection of his own photos, turning them into NFT tokens, for nearly $1 million.
The collection consists of close to 1,000 selfies he took between 2017 and 2021, aged 18 to 22. It's worth noting that the photos were originally taken for the purpose of editing a graduation video.
The student called his collection "Ghozali Everyday." Note that the first tokens the guy began selling starting January 9 on the platform OpenSea at $3 per unit, but thanks to some celebrities from Indonesia, NFT began trading in the range of 0.4 ETH ($1,350).
Amid the surprising rise in price, the student managed to make almost $100,000 in the first two days of sales. As of today, 277 ETH ($935,975) worth of NFTs have been sold.
The other day, Ghozali Ghozalu, an Indonesian college student, managed to sell a collection of his own photos, turning them into NFT tokens, for nearly $1 million.
The collection consists of close to 1,000 selfies he took between 2017 and 2021, aged 18 to 22. It's worth noting that the photos were originally taken for the purpose of editing a graduation video.
The student called his collection "Ghozali Everyday." Note that the first tokens the guy began selling starting January 9 on the platform OpenSea at $3 per unit, but thanks to some celebrities from Indonesia, NFT began trading in the range of 0.4 ETH ($1,350).
Amid the surprising rise in price, the student managed to make almost $100,000 in the first two days of sales. As of today, 277 ETH ($935,975) worth of NFTs have been sold.
The Federal Security Service of the Russian Federation liquidated the hacker group REvil at the request of the USA — 14 people were arrested, 426 million rubles, including in cryptocurrency, $600 000 and €500 000, 20 premium-class cars, computer equipment and crypto-wallets were confiscated.
REvil is one of the most prominent hacker groups of recent years. In 2020, their annual earnings were reported to be in excess of $100 million.
REvil is one of the most prominent hacker groups of recent years. In 2020, their annual earnings were reported to be in excess of $100 million.
Attempt to peek into the future
Ethereum founder Vitalik Buterin took a poll on his Twitter with the words, "You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH. Which would you prefer it to be?”
📊The results were as follows:
▫️Cardano — 42%;
▫️Bitcoin — 38.4%;
▫️Solana — 13.1%;
▫️Dollar — 6.5%.
Ethereum founder Vitalik Buterin took a poll on his Twitter with the words, "You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH. Which would you prefer it to be?”
📊The results were as follows:
▫️Cardano — 42%;
▫️Bitcoin — 38.4%;
▫️Solana — 13.1%;
▫️Dollar — 6.5%.
Francis Ngannou plans to invest half of his royalties in bitcoin
Ngannou has shared the news on his social media account that he intends to invest half of his fight pursue in bitcoin.
“Bitcoin is the future and I’m a believer”
Ngannou has shared the news on his social media account that he intends to invest half of his fight pursue in bitcoin.
“Bitcoin is the future and I’m a believer”
Moody's criticizes El Salvador for legalizing bitcoin
Ratings agency Moody's believes that the Salvadoran authorities have made a serious mistake by legalizing bitcoin. Analyst Jaime Reusch expects the investment attractiveness of this Latin American state to decline.
El Salvador currently controls 1,391 bitcoins. Bloomberg estimates that the country has already suffered losses. It has spent about $71 million on the cryptocurrency, giving up an average of $51,056 for each coin.
Jaime Reusch stressed that El Salvador is already experiencing liquidity problems. Its financial capacity is weakening, and investment in BTC is only aggravating the country's economic situation.
The yield on El Salvador's government bonds has soared above 35% p.a. and the country's obligations are due in January 2023. The record high rate indicates that financial markets do not believe the Latin American country's authorities may ever be able to pay their investors.
Ratings agency Moody's believes that the Salvadoran authorities have made a serious mistake by legalizing bitcoin. Analyst Jaime Reusch expects the investment attractiveness of this Latin American state to decline.
El Salvador currently controls 1,391 bitcoins. Bloomberg estimates that the country has already suffered losses. It has spent about $71 million on the cryptocurrency, giving up an average of $51,056 for each coin.
Jaime Reusch stressed that El Salvador is already experiencing liquidity problems. Its financial capacity is weakening, and investment in BTC is only aggravating the country's economic situation.
The yield on El Salvador's government bonds has soared above 35% p.a. and the country's obligations are due in January 2023. The record high rate indicates that financial markets do not believe the Latin American country's authorities may ever be able to pay their investors.
Walmart will launch its own cryptocurrency and enter the metaverse industry
The world's largest retailer intends to issue and sell virtual items, including electronics, home accessories, toys, sporting goods and personal care products.
It is worth noting that in a separate application Walmart indicated it would offer its users a virtual currency and a collection of NFT.
The world's largest retailer intends to issue and sell virtual items, including electronics, home accessories, toys, sporting goods and personal care products.
It is worth noting that in a separate application Walmart indicated it would offer its users a virtual currency and a collection of NFT.
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Crypto industry is booming
According to the business social network LinkedIn, last year the number of job ads containing the words "Bitcoin", "blockchain", "Ethereum" and other crypto-terms increased by 395% in the U.S. alone.
It's worth noting that even companies in consulting, auditing, human resources and computer hardware manufacturing are looking for blockchain specialists.
At the same time, the number of job postings in other high-tech industries rose by only 98%.
According to the business social network LinkedIn, last year the number of job ads containing the words "Bitcoin", "blockchain", "Ethereum" and other crypto-terms increased by 395% in the U.S. alone.
It's worth noting that even companies in consulting, auditing, human resources and computer hardware manufacturing are looking for blockchain specialists.
At the same time, the number of job postings in other high-tech industries rose by only 98%.
Majority of corporations have realized which way the wind is blowing and started to break into the emerging industry:
— Apple, Microsoft and Google are preparing products for metaverses
—Walmart will launch its own cryptocurrency and enter the metaverse industry
— Samsung to implement NFT-platform in its smart-TVs
— Facebook changed its name to Meta and announced the development of the metaverse would be their main direction
— Disney is entering the metaverse industry
— Nike buys NFT-company and sells digital sneakers
— Adidas joins the metaverse through an NFT collaboration
— Apple, Microsoft and Google are preparing products for metaverses
—Walmart will launch its own cryptocurrency and enter the metaverse industry
— Samsung to implement NFT-platform in its smart-TVs
— Facebook changed its name to Meta and announced the development of the metaverse would be their main direction
— Disney is entering the metaverse industry
— Nike buys NFT-company and sells digital sneakers
— Adidas joins the metaverse through an NFT collaboration
A British journalist falsified his identity and passed four Binance interviews for a top position without any experience with a salary of ₽17 million.
Harry Clinch created a fake LinkedIn account under the pseudonym Daniel Somerset, stating that he graduated from Cambridge Law School and also worked in anti-money laundering departments at leading banks and held a senior position at Coinbase.
The journalist completed four interviews at Binance, after which he was offered a position at Binance with an annual salary of £160,000 (~₽17 million), a bonus payment of £60,000 (₽6.2 million) at BNB after six months of employment.
Upon learning this information, Binance representatives stated that "such fraudulent claims and falsified work history would have been easily detected," but did not specify how.
Harry Clinch created a fake LinkedIn account under the pseudonym Daniel Somerset, stating that he graduated from Cambridge Law School and also worked in anti-money laundering departments at leading banks and held a senior position at Coinbase.
The journalist completed four interviews at Binance, after which he was offered a position at Binance with an annual salary of £160,000 (~₽17 million), a bonus payment of £60,000 (₽6.2 million) at BNB after six months of employment.
Upon learning this information, Binance representatives stated that "such fraudulent claims and falsified work history would have been easily detected," but did not specify how.
Coinbase has partnered with Mastercard — the cooperation is primarily aimed at simplifying the process of buying NFTs for ordinary users.
The companies will allow for the purchase of non-interchangeable tokens in the easiest of ways, including payment with Mastercard.
"Just as Coinbase helped millions of people access Bitcoin for the first time in an easy and trusted way — we want to do the same for the NFTs," Coinbase said in a blog post.
The companies will allow for the purchase of non-interchangeable tokens in the easiest of ways, including payment with Mastercard.
"Just as Coinbase helped millions of people access Bitcoin for the first time in an easy and trusted way — we want to do the same for the NFTs," Coinbase said in a blog post.
The first wedding was played in the metaverse
A couple from Florida first met as avatars in a virtual office, a week later Tracy and Dave met in real life, and in September 2021 they were married at the virtual altar.
The event was organized through a special platform creating virtual spaces for companies and work conferences. The common ceremony took place offline, and guests who could not be accommodated in the physical space were invited to celebrate the wedding in the virtual world.
In fact, virtual weddings are not really a new concept, similar ideas were implemented back in the 2000s, when users of World of Warcraft, Lineage 2 and other online games "played wedding" in the virtual world with their game characters — avatars.
Awaiting for real metaverses from Microsoft, Google, Apple, Meta and other technological giants.
A couple from Florida first met as avatars in a virtual office, a week later Tracy and Dave met in real life, and in September 2021 they were married at the virtual altar.
The event was organized through a special platform creating virtual spaces for companies and work conferences. The common ceremony took place offline, and guests who could not be accommodated in the physical space were invited to celebrate the wedding in the virtual world.
In fact, virtual weddings are not really a new concept, similar ideas were implemented back in the 2000s, when users of World of Warcraft, Lineage 2 and other online games "played wedding" in the virtual world with their game characters — avatars.
Awaiting for real metaverses from Microsoft, Google, Apple, Meta and other technological giants.
The U.S. aims to ban targeted ads for digital assets, including on major platforms like Facebook and Google.
According to the authors of the bill, the model of "tracking advertising" contributes to the spread of misinformation, discrimination, violation of privacy and different types of fraud.
It is also known that in case of violation users would be able to sue the companies and demand compensation from them up to $5000.
According to the authors of the bill, the model of "tracking advertising" contributes to the spread of misinformation, discrimination, violation of privacy and different types of fraud.
It is also known that in case of violation users would be able to sue the companies and demand compensation from them up to $5000.
Iran intends to start testing its token in the foreseeable future
Iranian authorities expect to bypass U.S. economic sanctions with their national digital currency (CBDC).
According to local media reports, the Central Bank of the Islamic Republic plans to provide access to the token to all test participants. So far, however, the regulator has not given any specific timeline for the appearance of the coin.
Iranian authorities expect to bypass U.S. economic sanctions with their national digital currency (CBDC).
According to local media reports, the Central Bank of the Islamic Republic plans to provide access to the token to all test participants. So far, however, the regulator has not given any specific timeline for the appearance of the coin.
Bitcoin may face challenges in 2022
Bloomberg strategist Mike McGlone is widely known as an ardent supporter of bitcoin. Now the same analyst has suddenly become less optimistic. While previously he predicted that BTC could reach $100,000 in 2022, now McGlone doesn't rule out barriers in that direction.
The Bloomberg strategist expressed fears over the U.S. Federal Reserve's willingness to raise the discount rate. And the first growth is likely as early as in March.
Overall, though, McGlone keeps calm and assumes that the Fed's rate hike will weaken the stock market, affecting positively the attractiveness of alternative instruments and bitcoin, in particular.
Bloomberg strategist Mike McGlone is widely known as an ardent supporter of bitcoin. Now the same analyst has suddenly become less optimistic. While previously he predicted that BTC could reach $100,000 in 2022, now McGlone doesn't rule out barriers in that direction.
The Bloomberg strategist expressed fears over the U.S. Federal Reserve's willingness to raise the discount rate. And the first growth is likely as early as in March.
Overall, though, McGlone keeps calm and assumes that the Fed's rate hike will weaken the stock market, affecting positively the attractiveness of alternative instruments and bitcoin, in particular.
Major Losses
The cryptocurrency market lost more than 10% overnight, capitalization momentarily dipping below $1.8 trillion — the lowest since September 28, 2021.
Bitcoin fell to $38,220, Ethereum to $2810, several top altcoins lost more than 10% of capitalization. In the last 12 hours, $627 million worth of traders' positions have been liquidated.
Whether crypto-winter arrived or that’s just ordinary shenanigans of the whales for cheaper buying?
The cryptocurrency market lost more than 10% overnight, capitalization momentarily dipping below $1.8 trillion — the lowest since September 28, 2021.
Bitcoin fell to $38,220, Ethereum to $2810, several top altcoins lost more than 10% of capitalization. In the last 12 hours, $627 million worth of traders' positions have been liquidated.
Whether crypto-winter arrived or that’s just ordinary shenanigans of the whales for cheaper buying?
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Twitter added the ability to put NFT on profile photo
Social network Twitter has announced the integration of NFT as a photo in user profiles. Such a feature became available to subscribers of the premium service Twitter Blue with devices based on the iOS operating system.
Thus, they can link their account in social network to a cryptocurrency wallet and select NFT to use them as a profile photo, Twitter said.
NFT avatars is to be displayed as hexagons, while regular profile images on the platform are round. Under the photo of users applying NFTs, additional information about the token will be displayed: properties, characteristics, standard and the creator's alias
Social network Twitter has announced the integration of NFT as a photo in user profiles. Such a feature became available to subscribers of the premium service Twitter Blue with devices based on the iOS operating system.
Thus, they can link their account in social network to a cryptocurrency wallet and select NFT to use them as a profile photo, Twitter said.
NFT avatars is to be displayed as hexagons, while regular profile images on the platform are round. Under the photo of users applying NFTs, additional information about the token will be displayed: properties, characteristics, standard and the creator's alias
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"The market is working off the negative." What is to happen to bitcoin next week
The price of the first cryptocurrency fell to $34,000. The last time the asset traded at this level was in July 2021.
At the moment, it’s pretty hard to say what may happen to bitcoin in the coming weeks, the cryptocurrency can continue the downward movement and fall to $30 thousand, or this is the last attack of the "bears", after which the market begin to recover.
If talking about the medium-term prospects, we are most likely in the "bear market" phase and further decline is inevitable. It’d be possible to speak about trend reversal after breakdown of $30 th.
The price of the first cryptocurrency fell to $34,000. The last time the asset traded at this level was in July 2021.
At the moment, it’s pretty hard to say what may happen to bitcoin in the coming weeks, the cryptocurrency can continue the downward movement and fall to $30 thousand, or this is the last attack of the "bears", after which the market begin to recover.
If talking about the medium-term prospects, we are most likely in the "bear market" phase and further decline is inevitable. It’d be possible to speak about trend reversal after breakdown of $30 th.