Day: October 29, 2022

I SOLD the ENTIRE WORLD using MANUAL MINING in Terraria 1.4

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Ever wondered what the entire Terraria 1.4 world is worth? Today I set out to answer that question by MANUALLY mining and selling EVERY SINGLE THING in a Terraria world. Loot from Shadow Orbs, all Chests, Blocks, Walls, Furniture, EVERYTHING. Every single thing that’s worth something looted manually and sold for money. How much will an entire Terraria 1.4 world be worth? Stay tuned to find out! If you have any other life-wasting ideas, feel free to let me know. I might…

The Merge brings down Ethereumโ€™s network power consumption by over 99.9%

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The Merge, which is considered one of the most significant blockchain upgrades on Ethereum (ETH) to date, brought down the networkโ€™s energy consumption by 99.9% immediately. On Sept. 15, the Ethereum blockchain migrated from proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism in an effort to transition into a green blockchain. What followed was an immediate and steep drop in total energy consumption of the Ethereum network. The Ethereum Energy Consumption Index. Source:ย digiconomist.net Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh)…

Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism โ€“ Metaverse Bitcoin News

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Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular classes again. Toda City Is Battling Absenteeism With Metaverse Tools The metaverse is beginning to be harnessed as part of educational and therapeutic processes. Toda City, in Japan, is currently fighting the problem of school absenteeism by using metaverse-based tools. The children, who are said to…

Nigerian Central Bank Says It Will Release New Banknotes in December โ€” Naira Falls to New Low โ€“ Featured Bitcoin News

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Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) has said. The announcement has since resulted in the nairaโ€™s parallel market exchange rate versus the U.S. dollar dropping to a new low of N781:$1. Redesigning Currency a Global Best Practice The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, recently said his institution will begin circulating newly-designed naira banknotes on December 15. Emefiele claimed the injection of the new notes into Nigeriaโ€™s financial system is intended…

Using Blockchain to Protect Venezuelans From Hyperinflation

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Simon Chamorro has a radical idea for cryptocurrency. His startup Valiu uses blockchain to offer digital exchange in the hopes of protecting fellow Venezuelans from hyperinflation. If the experiment succeeds, it could be a template for struggling economies everywhere. #Blockchain #Gamechangers #BloombergQuicktake ——– Like this video? Subscribe: Become a Quicktake Member for exclusive perks: Subscribe to Quicktake Explained: QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our…

Cosmos Hub postpones vote date following white paper revision

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An updated version of the Cosmos Hub white paperย went liveย on October 29, with the community now set to vote on the document. According to the project, concerns related to the issuance model of Cosmos token (ATOM) were addressed in the new revision, among other issues.ย  The paper’s first version was published in September, proposing a redesigned Hub focused on strengthening interoperability and security, along with key changes to its token, with a new issuance model aiming to strike a better balance between ecosystem growth and interchain adoption, “while still preserving…

BILLIONAIRE SAYS BITCOIN HAS BOTTOMED (INSANE PREDICTION) + SEC CRYPTO UPDATE

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Chamath Palihapitiya says markets have bottomed & now is the time to buy! + SEC Chair Gary Gensler addresses CFTC criticism & gives update for bitcoin & crypto market. Join Us in Dubai: ๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:30 – Bitcoin, Ethereum, & crypto look BULLISH in October! 1:12 – Billionaires are buying assets again! (Here…

Bitcoin Declines Slightly As Short-Term Holders Take Profits

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After surging to as high as $20.9k, Bitcoin has today observed a slight decline back into the low $20k levels as a result of profit taking from short-term holders. Bitcoin Short-Term Holder SOPR Has Been Elevated Over The Past Two Days As pointed out by an analyst in a CryptoQuant post, the short-term holders seem to be using the latest price rise for profit taking. The relevant indicator here is the โ€œSpent Output Profit Ratioโ€ (SOPR), which tells us whether the average investor is selling Bitcoin at a profit or…

Bitcoin ATMs Increase in Number in Moscow, Russia โ€“ Bitcoin News

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The number of bitcoin ATMs has been on the rise in Russiaโ€™s capital and the rest of the country, a press report revealed this week. There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty. More Crypto ATMs Installed in Russian Federation Despite Absence of Regulations With growing interest in cryptocurrencies, the number of devices offering automated teller services for digital assets is increasing, the Russian business daily Kommersant noted in article. Several dozen bitcoin…