Day: January 7, 2022

Japanese Video Game Giant Konami Reveals Castlevania 35th Anniversary NFTs – Bitcoin News

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The Japanese entertainment conglomerate and video game company, Konami Holdings Corporation, has revealed a non-fungible token collection in order to celebrate the 35th anniversary of the firm’s franchise “Castlevania.” Konami follows the slew of gaming giants like Ubisoft and Square Enix that have shown a strong interest in developing NFT technology. Konami Unveils NFT Collection Dedicated to the Castlevania Video Game Franchise The gaming giant Konami has leaped into the NFT world faster than pressing up, up, down, down, left, right, left, right, B, A. On Thursday, Konami launched the…

Bitcoin Slips To 3-Month Low, Analysts Divided on Impact of Fed’s Tightening

On Thursday, the U.S. two-year treasury yield, which mimics short-term interest rate and inflation expectations better than the 10-year yield, rose to a 22-month high of 0.87%. The short-term yield has more than doubled to 0.76% in the past quarter, according to TradingView. The yields may rise further if the U.S. non-farm payrolls data scheduled for release at 13:30 UTC on Friday show the pace of job additions nearly doubled to 400,000 in December, as expected. That would validate the Fed’s recent hawkish pivot. Source

Bring Your AOZ NFT to Life! Claim Your Free Soul – Sponsored Bitcoin News

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sponsored From the moment you minted the selected AOZ citizen NFT, we believe a bond has been created between you and this particular PFP artwork, or a persona of the digital world. Digital doesn’t make it less real. There is something about it that strikes you, and you’d believe that it has a particular character you’d also seen in yourself beneath its colorful skin. Now you’ve got a chance to bring your AOZ citizen persona to life. The cooperation jointly announced by Mirrorworld and Metaverz Studio (who has created and…

The Inside Story of How India’s Crypto Exchanges Were ‘Inspected’ by Tax Agencies

The Takeaway Tax agencies have several other crypto exchanges on their radar but expect these “inspections” to serve as a deterrent that will make the industry voluntarily fall in line. Agencies have been examining crypto exchanges’ finances in India since August 2021, the investigation is still ongoing and currently focused on evaluating transactions to correctly assess tax liability. The overall tax owed may be manifold the current amount of Rs 84.35 crore (i.e. 843.5 million Indian rupees, or $11.3 million), but calculating the tax on different types of transactions is…

Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos – Mining Bitcoin News

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A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40 per day from each mining rig. Chinese Crackdown and the Effect on Mining Rig Prices The number of bitcoin miners in Thailand surged in 2021 after China’s ongoing crackdown on bitcoin mining forced major players in the industry to quit or to ship their equipment…

Mozilla backflips on accepting crypto after ‘planet incinerating’ backlash

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The Mozilla Foundation has put cryptocurrency donations on hold following a community backlash sparked by trenchant criticism from co-founder Jamie Zawinski. Last week the development company behind the Firefox browser tweeted an appeal for donations in cryptocurrency. But earlier today, Mozilla announced it had paused crypto donations due to the online discussion around crypto’s environmental impact. Last week, we tweeted a reminder that Mozilla accepts cryptocurrency donations. This led to an important discussion about cryptocurrency’s environmental impact. We’re listening, and taking action. 1/4 — Mozilla (@mozilla) January 6, 2022 Mozilla…

P2E game Nyan Heroes aims to save 1 billion sheltered cats

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Cat themed play-to-earn (P2E) NFT game Nyan Heroes is aiming to save 1 billion cats from euthanization in animal shelters across the U.S. Nyan Heroes is an upcoming NFT battle royal shooter style game built on the Solana blockchain that will enable players to compete with each other using NFTs depicting animated cats that are used to pilot mech-robot NFTs in the game. The U.S. based project has been in development since October and the game is set for release in Q4 2022. Its first NFT drop is currently available…

A Quick Review And Look Ahead

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Solana has had an amazing past 2 years as it became one of the fastest growing altcoins; in 2022, we see how they are doing what many tokens couldn’t and won’t be able to do. Few fall in the same category as Solana, so let’s take a look at what’s taken the token here, and what may look ahead. Related Reading | GameStop Turn To NFTs, Plans To Launch Marketplace Later In The Year Briefing Of Solana And It’s Rise During 2021… Solana in short, is a public blockchain platform. It…

Vitalik proposes new ‘multidimensional’ Ethereum fee structure

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Ethereum co-founder Vitalik Buterin has put his thinking cap on again in an attempt to improve the current fee structure for the network. The proposal titled “Multidimensional EIP-1559” was laid out in a blog post on Jan. 5 in which Buterin noted that different resources in the Ethereum Virtual Machine (EVM) have different demands in terms of gas usage. He added that there are different limits for short-term “burst” capacity as opposed to “sustained” capacity within the EVM citing examples of block data storage, witness data storage, and block state…

Devere Group CEO Predicts 3 Countries Will Adopt Bitcoin as Legal Tender This Year – Featured Bitcoin News

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The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvador’s president who predicted that two countries will make bitcoin their national currency. 3 Countries Will Adopt Bitcoin as Legal Tender in 2022, Devere’s CEO Predicts The CEO of Devere Group, an independent financial advisory and asset management firm, predicted earlier this week that three more countries will adopt bitcoin as legal tender in 2022. His prediction is more bullish…