Skip to main content

Posts

Showing posts from December 26, 2021

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment
Read more

Top 5 cryptocurrencies to watch this week: BTC, MATIC, NEAR, ATOM, HNT

If Bitcoin rises from the current level, it could boost the price of MATC, NEAR, ATOM, and HNT in the short term. After staying above $50,000 on Christmas day, Bitcoin ( BTC ) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the Binance exchange . Data analysis account Material Scientist said that Binance’s inflows could be due to “a new player.”  Although Bitcoin is almost certain to miss PlanB’s floor model price projection of $135,000 for December, the creator of the stock-to-flow price model remains bullish. He said that Bitcoin’s price at $51,000 remains within one standard deviation of the model, which keeps the forecast of $135,000 for this halving cycle in play. Crypto market data daily view. Source: Coin360 Several asset managers have added Bitcoin to their portfolio in 2021 but UK’s ex-Chancellor Lord Hammond warned retail investors to be “extremely cautious” while investing in cryptocurr...
Post a Comment
Read more

Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’

In addition to BTC price hitting $100,000, analysts expect the crypto market to pivot toward “cost efficiency” and “agility” in 2022. The entire crypto market took great strides toward mass adoption in 2021 and now that the year is nearly complete, analysts are setting their price targets for 2022. Many analysts supported calls for a $100,000 ( BTC ) price before the end of 2021 and although this seems unlikely, most investors expect the key price level to be tackled before Q2 of 2022. Here’s a look at some of the Bitcoin price predictions analysts are expecting in 2022. Bitcoin is still on track to surpass $100,000 Analysts has been more reticent in providing off the cuff Bitcoin predictions ever since PlanB's stock-to-flow model incorrectly predicted a $98,000 BTC price by the end of November, even though the model had been spot on from August through October. While some traders are now questioning the validity of the stock-to-flow price model, crypto analyst and pseudony...
Post a Comment
Read more

Spider-Man: No Way Home Torrents May Contain Crypto Malware, Cybersecurity Firm Warns

Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,” the firm explained. Beware When Downloading Spider-Man: No Way Home Movie From a Torrent Website Cybersecurity firm Reasonlabs warned Thursday that cryptocurrency malware has been found in a torrent download of the new Marvel hit movie “Spider-Man: No Way Home.” Reasonlabs, which provides enterprise-grade cyber protection for users worldwide, noted that “To lure in as many victims as possible, attackers must stay up to date with trending topics.” The cybersecurity firm elaborated: In this case, we are facing someone who has placed a monero miner in a torrent download of what seems to be the new movie Spider-Man: No Way Home. Sony/Marvel’s Spider-Man: No Way Home has hit the $1 billion mark at the box off...
Post a Comment
Read more

Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms in Iran to Shut Down During Winter Expecting energy needs across the country to increase with low temperatures in the coming months, the Iranian government is now taking steps to limit consumption and avoid an electricity deficit. Just like earlier this year, the measures will affect the country’s growing crypto mining industry. Tavanir , the Iran Power Generation, Distribution and Transmission Company, has recently instructed authorized cryptocurrency mining centers to unplug their power-hungry hardware, the English-language business daily Financial Tribune reported. Iran’s Ministry of Energy has been trying to reduce the use of liquid fuels in power plants since last month, Tavanir’s spokes...
Post a Comment
Read more

UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines

Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams. New Measures Seek to Protect Internet Users As part of UAE’s new online security laws which go into effect on January 2, 2022, promoters of online cryptocurrency scams now face a possible five-year jail term and a maximum fine of over $270,000. According to a report from The National News, the new measures are a part of sweeping legal reforms introduced by the country’s president, Sheikh Khalifa, in November. The UAE says the laws are intended to protect internet users from electronic fraud and to preserve personal privacy and rights. While UAE already had laws banning the promotion of cryptocurrencies, according to Hassan Elhais of Al Rowaad Advocates, these laws ...
Post a Comment
Read more

7 NFL players that chose crypto over cash salaries

At least seven NFL pro athletes are now turning to crypto to help bolster their bottom line and ensure they have enough wealth after their pro careers come to an end. For NFL fans, 2021 was a great year. Stadiums returned to capacity crowds after the 2020 season was shortened with limited attendance. Stadium parking lots were again filled with the enthusiastic anticipation of tailgaters and their barbequed camaraderie.  It was also a great year for Bitcoin ( BTC ) investors as the largest cryptocurrency by market capitalization reached all-time high prices multiple times throughout 2021, eventually topping out at $69,000 in early November. This led to a dramatic increase in media coverage of Bitcoin. Seven NFL players in 2021 decided to call the audible and begin either being paid in crypto or having their cash salary partially converted to crypto. These players have capitalized on the return of the regular season and the increased profitability of Bitcoin. Aaron Rodgers The ...
Post a Comment
Read more

Meme Token Economy Climbs 14% in 2 Weeks — DOGE, SHIB Command 83% Dominance

Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon mars have seen significant gains during the last seven days. Meme Coins Climb Higher in Value This Past Week — Shiba Fantom and Luni Lead the Pack 21 days ago on December 5, the meme token economy was down more than 12% and hovering just above the $47 billion region . Today, the market valuation of the meme-based crypto economy is $54.1 billion , up 14.61% since that day. Out of the top ten meme-based crypto assets today, 8 out of 10 of them saw seven-day gains. The largest meme-based crypto-asset dogecoin (DOGE) jumped 9.6% last week while shiba inu (SHIB) spiked 21% during that time frame. Other top ten meme-based assets that saw g...
Post a Comment
Read more