Day: January 19, 2022

Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic

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More than a year after a Canada-based Middle Eastern restaurant chain converted its fiat cash reserves into Bitcoin, the owner reported the move helped save the business during the pandemic. According to a Tuesday report from Canadian news outlet Toronto Star, when Tahini’s restaurant owners Aly and Omar Hamam and their cousin Ahmed decided to convert the company’s savings into Bitcoin (BTC) in August 2020 because it offered “a much better alternative to saving cash,” the price of the crypto asset was roughly $12,000. Aly Hamam reported the business had…

Reports Show Government Intends To Imply Stricter Regulations On Cryptocurrency ATMs

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In a press release yesterday, the federal agency stated that crypto kiosks, or cryptocurrency ATMs, played a major role in the increasing crimes. The United States GAO (Government Accountability Office) blames crypto kiosks for increasing drug trafficking and human trafficking. Their reason, however, was that cryptocurrency ATMs aren’t as restricted as crypto exchanges, making their transactions harder to track. The GAO projects that it can be more difficult to curtail illegal transactions as crypto kiosks are becoming more and more popular in the U.S. and worldwide. Related Reading | Altcoins Are…

Dvision Network Deploys on Polygon Mainnet as Widespread Interest in Metaverse Continues – Press release Bitcoin News

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press release PRESS RELEASE. Dvision Network is currently live on Polygon Mainnet, further solidifying their position as the definitive multichain metaverse protocol. It must be noted that Dvision Network recently had their first primary and de facto biggest LAND Sale on BSC (Binance Smart Chain), selling out in a matter of minutes across three platforms which included Binance NFT and NFTb. The addition of Polygon Network support foreshadows the imminent second round of the LAND NFT Sale for the Dvision Metaverse, which will reportedly take place in the first quarter…

MLB NFTs on Candy Digital Clock $2.7M in Marketplace Debut

The trading volume, for now, rivals that of Dapper Labs’ NBA Top Shot, which has seen roughly $2 million in sales each day of January, a representative told CoinDesk. The sales figures offer another glimpse at an NFT market that has weathered a general downturn in crypto prices from 2021’s frothy highs. NFT marketplace OpenSea, for example, has seen its highest volume month ever so far in January while ETH, the native token of the Ethereum blockchain, has sagged 15% over the same time period. Source

MLB NFTs on Candy Clock $2.7M in Marketplace Debut

Candy Digital, which started selling Major League Baseball (MLB) NFTs in the fall, finally launched its trading venue on Jan. 15. And the appetite for sales was fairly robust. The Galaxy Digital-backed non-fungible token marketplace, which announced its partnership with the MLB in June, posted $2.7 million in weekend sales, passing $1 million in trade volume within the platform’s first eight hours of launch. The trading volume, for now, rivals that of Dapper Labs’ NBA Top Shot, which has seen roughly $2 million in sales each day of January, a…

India’s PM Calls For A Common Global Approach For Tackling Crypto

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At the WEF’s 2022 Davos agenda, Narendra Modi, Indian Prime Minister, called for a united global stand to tackle the issues emerging from the cryptocurrencies’ increasing adoption. The key takeaway of the Indian PM’s talk was, “A single country cannot tackle the challenges from crypto well enough.” Call For A Standard Global Approach Talking for all intents and purposes at the World Economic Forum’s 2022 Davos Agenda on Monday, the Indian Prime Minister discussed several challenges, including a requirement for a common global practice to deal with cryptocurrencies. He said…

In Home Ethereum Mining Peaks Over 5GH, In My Crypto Mining Grow Tent

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today is the day I FINALLY get these GPUs Back to work! This makes the 7th, Crypto Mining Rig inside this MONSTER of a Mining Grow Tent. This thing is going to be a BEAR to figure out how to keep COOL! 💥PARALLEL MINER💥 ✅ Enter Coupon Code “Misfit” For 8% Off ENTIRE ORDER (Minus GPU Purchase) 💥AAAWAVE💥 ✅ Enter Coupon Code “AAAMM20” For $20 Off The 12 GPU Rig Frame (SLUICE) 💥Need Quality GPU Risers💥 ✅ Enter Coupon Code “MisfitMining” For…