Day: September 17, 2020

This crypto mining operator was named Bitmain’s sole North American cooperative repair center

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Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain. According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines. The company says that this will reduce costs associated with shipping hardware to Asia, and curtail the time it takes to fix Bitmain’s proprietary hardware. Core Scientific will also be able to perform repairs on out-of-warranty machines, with engineers certified by the Bitmain’s Ant Training Academy. Speaking with Cointelegraph, Taras Kulyk,…

Sony’s ‘PS5 Exclusive U-Turn’ for PS4 Gamers is a No-Brainer

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Sony has announced that Marvel’s Spider-Man: Miles Morales, Sackboy A Big Adventure, and Horizon Forbidden West will launch both on PS5 and PS4. The news runs contrary to previous statements asserting a belief in ‘generations’ and the unavailability of next-gen exclusives on Sony’s current console. PlayStation CEO says ‘no on should be disappointed.’ Despite previous assurances to the contrary, Sony has announced PS4 versions of several first-party PS5 exclusives. As is so often the case, accompanying last night’s PS5 showcase was a flurry of activity on the PlayStation Blog. One…

Sony’s ‘PS5 Exclusive U-Turn’ for PS4 Gamers is a No-Brainer

boss

Sony has announced that Marvel’s Spider-Man: Miles Morales, Sackboy A Big Adventure, and Horizon Forbidden West will launch both on PS5 and PS4. The news runs contrary to previous statements asserting a belief in ‘generations’ and the unavailability of next-gen exclusives on Sony’s current console. PlayStation CEO says ‘no on should be disappointed.’ Despite previous assurances to the contrary, Sony has announced PS4 versions of several first-party PS5 exclusives. As is so often the case, accompanying last night’s PS5 showcase was a flurry of activity on the PlayStation Blog. One…

Ethereum Price Drop Below This Level Could Mean Bigger DeFi Carnage

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The price of Ethereum (ETH) has dropped from $488 on September 2 to below $380, falling by over 22%. If the correction of ETH continues, traders say decentralized finance (DeFi) tokens could further suffer. Despite the rally of Bitcoin from $10,300 to over $11,000, DeFi tokens and Ethereum have underperformed. The daily chart of Ethereum with key levels. Source: Flood, ETHUSD on TradingView.com Some traders are considering the possibility of a take-profit rally, as investors funnel profits from altcoins back to Bitcoin. Coincidentally, the Bitcoin dominance index rose sharply in…

Sam Darnold Is Starting to Draw Comparisons to Another First Round Dud

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The New York Jets had high hopes for Sam Darnold when they drafted him with the No. 3 pick in the 2018 NFL Draft. He was going to make them relevant in their division, if not the AFC and NFL. He hasn’t come close to living up to the hype. His lack of success and progress have some comparing him to another first-round dud. During his rookie season, Sam Darnold showed flashes of potential, but also made his fair share of rookie mistakes–not unusual. Fans hoped to see him make…

BRD’s enterprise banking blockchain boosted by new compliance strategy

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In July this year, the Office of the Comptroller of the Currency granted permission for federally chartered banks to provide custody services for cryptocurrency. While significant, the need for enterprise-grade infrastructure to securely deploy custody solutions has become crucial.  Adrien Treccani, CEO of METACO — a technology partner for institutions entering the digital asset ecosystem — mentioned in a report published by Cointelegraph, PwC and CV VC that the institutional adoption of custody solutions for managing digital assets has clearly entered a new phase: “Greater regulatory clarity on digital assets…

L.A. Lakers Better Respect Jamal Murray & the Denver Nuggets

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Everyone expected Jamal Murray and the Denver Nuggets to get eliminated after falling behind, 3-1, against the Utah Jazz. They expected the same when the Nuggets fell behind, 3-1 against the Los Angeles Clippers. If the Lakers don’t show Murray and the Nuggets respect in the Western Conference Finals, they could become the next team heading home early. Jamal Murray and the Denver Nuggets have not been looked at as serious contenders in the NBA. The slight was not because people thought they were a bad team. No, it was…

Is UniSwap at risk after SUSHI and CRV price crash in DeFi bloodbath?

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In recent months, the focus of the cryptocurrency markets has been on the Decentralized Finance or DeFi space and decentralized exchanges. One of the biggest decentralized exchanges is Uniswap, and its token UNI was recently listed on Coinbase Pro and Binance. The majority of the people have received free UNI tokens as they were airdropped. However, the massive hype surrounding Defi also caused several projects to drop massively in the previous weeks.  A few of those dropdowns are Sushiswap (SUSHI) and Curve DAO Token (CRV). These two coins have lost…

Ripple CEO Brad Garlinghouse Disappointed with India Crypto Ban

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According to Garlinghouse, with its crypto ban, India is likely to miss out on a technology that can serve its huge population with much ease and fairness. India, being a heavily populated country, remains a key piece in the ongoing global push for cryptocurrency adoption. However, its policymakers are lagging behind especially in formulating and implementing laws that favor and govern the cryptocurrency industry at large. Recently, a report by media outlet Bloomberg indicated that India plans to introduce a new ban for crypto trading. However, the country is focused…

Bank of England talks negative interest rates in best ‘ad’ for Bitcoin

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Bitcoin (BTC) is getting its best “advertisement” once more as another major central bank floats the idea of charging people to save their money. As Bloomberg reported quoting minutes of a meeting held Thursday, the Bank of England (BoE) has become the latest central bank to discuss negative interest rates. Negative rates “would drive BTC adoption” According to the results of the meeting, the BoE will enter discussions with banking regulators over negative rates, which effectively mean lending institutions, and, hence, savers must pay to store cash. The reason is…