Day: January 30, 2023

New paradigms for enterprise blockchain adoption

Blockchain technology has created a new avenue to reconfigure the vision for the future of the internet. Data on the internet generated by individuals, organizations and other users are controlled by centralized entities, with a significant concentration of economic power and influence held by a few key corporate players who have thrived on data aggregation economics. This phenomenon has alienated users, removing trust in what they see, find, use or assimilate. However, despite all these advancements, the acceleration and use cases of blockchains in the real world and the adoption…

Recruiting Agencies in Japan Are Turning to the Metaverse – Metaverse Bitcoin News

boss

The metaverse is making inroads in job recruiting fronts in Japan. According to local reports, a mega metaverse job fair was organized on Jan. 27, with more than 2,000 students taking part in the experience. The students used avatars to communicate and review the job previews available in different booths controlled by several companies. Japan Embraces the Metaverse for Recruiting Metaverse tech is starting to change the landscape of job hunting and recruiting in Japan. More than 2,000 students attended a metaverse job fair, that allowed them to use digital…

Binance blocks some accounts amid Bitzlato case: ‘Funds are safe’

boss

Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation, according to several users. On Jan. 18, a group of Russian-speaking Binance clients complained about blocked accounts and not being able to withdraw their funds from the exchange. The affected users created a Telegram group chat to report about the issues, stating that the accounts were blocked without a warning. The members of the group — now counting more than 1,000 members — promptly drew parallels between the blockages and enforcement…

Philippines Securities Regulator Seeks Comment on Draft Crypto Rules

“It is the policy of the State to ensure that appropriate mechanisms are in place to protect the interest of consumers of financial products and services under the conditions of transparency, fair and sound market conduct, and fair, reasonable, and effective handling of financial consumer disputes, which are aligned with global best practices,” the draft says. Source

Bitcoin Mining Revenue Increases as BTC Price Soars

boss

With its high energy consumption remaining a challenge, the growth of crypto mining may stall unless miners embrace more sustainable energy sources. Following a minor bull run over the weekend, bitcoin mining revenue has increased by up to 50% in the first month of 2023. Rising energy costs, geopolitical tension, and a prolonged crypto winter made 2022 a hard year for the bitcoin mining community. By December, the Bitcoin mining revenue had dropped to just $13.6 million. After struggling for survival for months, many mining companies were forced to cease…

Bitcoin (BTC) Eyes $24,000 Mark, Sends 2019 Buyer Group into Profits

boss

Market participants remain in high spirits as BTC inches closer to a key technical price level. Flagship cryptocurrency Bitcoin (BTC) appears to be having a promising year so far in 2023. This follows after it consolidated its recent gains over the past weekend. According to CoinMarketCap data, BTC surged to $23,919 – its highest price so far in 2023, in the early hours of Monday. Although it has since retraced and now stands at $23,368 per coin as of publication.  Nonetheless, the BTC price is still up 0.60% in the…