Month: April 2022

How to use Minecraft to understand the Metaverse and Web3

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What is the Metaverse? The Metaverse is a term coined by Neal Stephenson in his 1992 science fiction novel Snow Crash to describe a future virtual reality-based online world. Some have gone as far as pronouncing Stephenson’s novel a prediction of the future. Before you agree that it’s some mystical peek into the future and invoke the rules of time travel, let’s first investigate what the Metaverse is through the lens of something much more accessible: Minecraft. But, more on this later. Unlike the internet or even virtual reality as…

Digital Peso to Be Launched in Three Years According to Governor of Banxico – Bitcoin News

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Banxico, the Central Bank of Mexico, has announced it expects the development of its central bank digital currency (CBDC), the digital peso, to be completed in about three years. Victoria Rodríguez Ceja, the governor of Banxico, reported this before the Mexican Senate and added that the new currency should fulfill the three traits of money to create more financial inclusion. Governor of Banxico Reports CBDC Advancements Banxico has given a status update on its CBDC, the digital peso. The governor of Banxico, Victoria Rodríguez Ceja, informed that the…

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Solana Prices South Bound; Will It Revisit $80 Soon?

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Solana depreciated by almost 6% over the last 24 hours as the broader market started to get choppy. Bitcoin was seen trading below the $40,000 mark while Ethereum broke the support level of $3,000. The global market currency cap stood at $1.94 Trillion after a fall of 6% over the past day. Solana had depicted considerable recovery on charts as it broke subsequent price ceilings over the past week. The coin had managed to revisit the $110 level which the coin hovered near thrice in the past week or so.…

Polygon Allots $100 Million For Expansion Of Blockchain ‘Supernets’

Polygon has unveiled a $100 million budget for a new blockchain network dedicated to Web3 development. The network, dubbed Supernets – application-specific blockchains with enhanced efficiency – aims to promote an ecosystem of activities centered on innovation on the Polygon network and Web3 in general. Sandeep Naliwal, co-founder of Polygon, announced in a statement: “The infrastructure tooling enables users to easily and quickly accomplish desired outputs… Polygon’s mission is to accelerate Web3 adoption by providing companies with a complete range of blockchain solutions.” Suggested Reading | Binance Hits Back At…

What promise does each presidential candidate hold for crypto?

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As France braces for the April 24 presidential election in a runoff, political pundits around the globe are making their bets. The choice is between the centrist incumbent Emmanuel Macron and right-wing populist Marine Le Pen. Much of the political debate this time revolves around economics, but there is one indispensable part of it that is largely absent from the candidates’ electoral agendas: digital assets. While both have a record of public statements on matters related to crypto, neither Macron nor Le Pen seems to be likely to trigger any…

Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements – Regulation Bitcoin News

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Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal entities. Crypto Industry’s Letter to EU Policymakers Forty-six European crypto businesses and organizations have sent a letter to 27 EU finance ministers regarding disclosure requirements for crypto transactions, Reuters reported this week, noting that it has seen the letter. In the letter, dated April 13, the businesses and…

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Bitcoin Mining in Early October 2021 – Is it still profitable? (Bitcoin ASIC Miner Comparison)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, friends! Let’s talk about Bitcoin Mining in Early October 2021 – Is it still profitable? Bitcoin mining in early october of 2021 is on the move after bitcoin price for the past month has also been moving – is bitcoin mining in October of 2021 better than September of 2021, or are the numbers similar? Let’s take a look! #BTC #BitcoinMiningOctober2021 #bitcoinMining This video reflects my opinion only; numbers and data are approximate and may become inaccurate as time passes.This video…