Day: January 10, 2022

Spanish Deputy Suggests Spain Might Attract Kazakhstan Miners – Bitcoin News

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Maria Muñoz, a Spanish deputy from the country’s Congress, wants to position its country as a reliable alternative to miners that are facing a dire situation in Kazakhstan, after their internet service was suspended, affecting their operative capacity. Muñoz sent a letter to the congress, inquiring about the possible actions that Spain might take to attract fleeing miners, and about the impact this event has had on the Spanish mining sector. Spanish Deputy Maria Muñoz Inquires About the Consequences of the Kazakhstan Situation Maria Muñoz, a deputy of…

Top 5 Staking Tokens To Consider in Investment Portfolio in 2022

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COVID-19 has caused many fatalities globally and poses a new and unprecedented hazard to public health, food systems, and the workplace. Cryptocurrencies gained importance when the economy worsened and uncertainty increased. Long-term crypto holders viewed staking as a way to earn rewards instead of merely keeping their coins in their wallets. Staking is an intriguing method to contribute to the security and efficiency of blockchain initiatives while simultaneously earning passive revenue. Consequently, the blockchain is more secure and can handle more transactions. Let’s check out five staking tokens worth investing…

Binance.US to Establish Office in Portals, the Metaverse Platform on the Solana Blockchain

The US branch of the world-leading Binance exchange, Binance.US, is opening an office in Portals, the Metaverse platform on the Solana blockchain. Portals is a web-based metaverse platform that allows users to explore buildings and interactive rooms. A cityscape is presented on this platform. Binance exchange is not the only exchange with Portals building space. Chris Lund, Head of Community and Partnerships at Portals, said FTX.US, an offshoot of U.S.-based cryptocurrency exchange FTX, will also establish its own office at Portals. Lund said that: “Binance.US is getting a space…

‘Most bullish macro backdrop in 75 years’ — 5 things to watch in Bitcoin this week

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Bitcoin (BTC) starts a new week in a strange place — one which is eerily similar to where it was this time last year. After what various sources have described as an entire twelve months of “consolidation,” BTC/USD is around $42,000 — almost exactly where it was in week two of January 2021. The ups and downs in between have been significant, but essentially, Bitcoin remains in the midst of a now familiar range. The outlook varies depending on the perspective — some believe that new all-time highs are more…

Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022 – Emerging Markets Bitcoin News

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In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer (P2P) traded volumes for the second year running. Kenya’s Booming Crypto Market Kenya is set to lead the world’s peer to peer cryptocurrency market for the second consecutive year, Marius Reitz, the general manager (GM) for Luno cryptocurrency exchange in Africa, has reportedly predicted. In…

Moviecoin․com to Transform Movie Financing on Blockchain – Press release Bitcoin News

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press release PRESS RELEASE. London, England, January 10, 2022: Moviecoin.com brings movie funding and decentralized finance (defi) to both independent movie-makers and larger budget movies. Moviecoin.com will allow any budding movie producer, director, or writer to finance their own script and movie. Moviecoin.com is decentralizing and democratizing the world of movie finance, giving movie makers and consumers more control. The Moviecoin.com platform already boasts some top Hollywood films starring Russell Crowe and Mel Gibson with many more in the pipeline. Moviecoin.com offers people the chance to become early investors and…

Kosovo police seize 300 crypto mining machines amid electricity shortages

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The police in Kosovo have ramped up their efforts to crack down on crypto miners in the country, confiscating more than 300 mining machines on Jan. 8 alone. An announcement issued by the Kosovo police on Jan. 8 revealed that it had seized 272 “Antminer” Bitcoin mining machines in the municipality of Leposavic, and another 39 mining machines near Prishtina. The Kosovo Police confiscated 272 “Antminer” crypto mining machines in Leposavic on Jan 8. Source: Kosovo Police Meanwhile, the police also stopped a driver carrying 6 crypto mining machines with…

Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23 – Taxes Bitcoin News

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An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else there will be confusion.” Industry Wants Clarity in Crypto Tax Laws in Union Budget 2022-23 Indian industry association Indiatech has written to the country’s finance minister, Nirmala Sitharaman, regarding cryptocurrency taxation. The association represents major cryptocurrency exchanges in India, including Coinswitch Kuber, Wazirx, and Coindcx. In its letter, the…

Disney patents technology for a theme park Metaverse

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Disney has been approved for a patent that would create personalized interactive attractions for theme park visitors. The technology would facilitate headset-free augmented reality (AR) attractions at Disney theme parks. The tech would work by tracking visitors using their mobile phones, and generating and projecting personalized 3D effects onto nearby physical spaces, walls, and objects in the park. The entertainment giant was approved for a “virtual-world simulator in a real-world venue,” patent on Dec. 28, 2021. It was originally filed to the United States Patent and Trademark Office in July…