Down from $366 million in May, bitcoin miners generated an estimated $281 million in revenue in June, a three-month low according to Coin Metrics data analyzed by CoinDesk. Estimates assume miners sell bitcoins immediately. Mining is the process of adding confirmed transactions to the Bitcoin blockchain. For the resources required to mine, the network compensates…
Blockchain’s Unstoppable push into the world of gaming is occurring simultaneously on a number of fronts. From AAA tentpole productions backed by major crypto players, through crypto-powered Esports tournaments in popular non-blockchain titles, to encouraging developers on board with easy-to-use blockchain integration tools. GOATi Entertainment is taking a dual-headed approach of its own with its…
An Israeli blockchain startup named Kirobo, which is just two years old claims that they have found a way to cancel or undo the BTC transaction if they are sent to the wrong wallet address. Kirobo the Israeli two-year-old startup announced on June 30 that it has found a way to tackle problems related to…
China’s Yunnan province city of Kunming has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform. So Public resource bidding is a method used by any particular government of any country to allocate large resources to the private and public sector firms that promise to complete a particular…
The (DOF) or the Philippines Department of Finance has urged the public to exercise extreme caution when making any crypto investments. After when a platform illegally uses the name of Secret Dominguez III. Unauthorized investment schemes may look pleasing but keep realistic future returns. The department of Finance said it on Sunday. Don’t be Oblivious….
Hironao Kunimitsu, the founder of Tokyo social gaming firm Gumi, believes that blockchain-based trading of non-fungible tokens (NFTs) in video games will grow to become ‘more valuable than Japan’s entire economy’. non-fungible tokens bring economic value and activity to the world of video games. These are unique tokens that represent a certain in-game asset. It’s…
The British-Dutch multinational firm Unilever is planning to set out with a new range of measures to improve the health of our planet mother earth by investing € 1 billion in climate change projects and reduce greenhouse emissions to zero from all its products by 2039. Unilever, a consumer goods company that owns brands such…
The CEO of the crypto merchant bank, Galaxy Digital says that the world does not need another crypto and suggests Telegram convert its 400 million users into BTC consumers, rather than launching its own crypto. Michael Novogratz, CEO of the crypto merchant bank, Galaxy Digital has recently published a tweet expressing his skepticism about the…
