Sorare, a French startup firm specializing in fantasy games, recently secured a deal with the National Basketball Association (NBA) to develop a non-fungible token (NFT) game under the NBA’s license. This will enable Sorare to use the NBA’s team names and player likenesses in its games. The firm, which had previously struck similar arrangements with…
After a steep drop in price the previous day, investors have started to buy Ethereum again today, sending the price back into positive territory. During today’s trading session, the value of the token increased by more than 8%, and prices once again moved back above the $1,600 threshold. Additionally, Bitcoin staged a comeback during today’s…
Mike McGlone, a senior commodity analyst at Bloomberg, posted a link to the company’s Crypto Outlook research on LinkedIn. The report discusses bitcoin’s potential for its next bull run in relation to the economy as a whole. According to the report, Bitcoin is currently trading at a discount within an extended bull market. In addition,…
Bitcoin.com’s web3 wallet now has Avalanche, a platform for smart contracts, built in. Millions of Bitcoin.com Wallet users can now purchase, sell, transmit, receive, and manage $AVAX thanks to the integration of Avalanche to the wallet’s multichain feature. Users of the high-throughput Ethereum Virtual Machine (EVM)-compatible Avalanche network will be able to exchange tokens and…
Bitcoin Magazine Mark Hopkins, a journalist and tech entrepreneur, went out to dinner in 2011 with a longtime friend who offered to pay for Hopkins’s portion of the meal by sending Hopkins some freshly mined bitcoin, which the friend had mined on his own laptop. In a recent telephone interview with Bitcoin Magazine, Hopkins joked…
On September 7, 2021, El Salvador is commemorating its first anniversary as the only country to adopt Bitcoin as a legal tender. This accomplishment was made possible by President Nayib Bukele of El Salvador, who was responsible for implementing the well-known Bitcoin rules. The Highs and Lows of El Salvador’s First Year of Independence In…
G7 It would appear that government-mandated prices are making a comeback with a vengeance given the dismal outlook for the economy around the world and the increased scrutiny placed on international financial trade. The conflict between Ukraine and Russia has resulted in enormous financial difficulties for Europe, and only lately, the Kremlin blocked the primary…
According to a press statement that was issued to Bitcoin Magazine, CleanSpark Inc., which trades under the ticker symbol “CLSK” on the Nasdaq, has acquired 10,000 brand-new Bitmain Antminer S19j Pro units by entering into a purchase agreement with Cryptech Solutions for the sum of $28 million. According to Zach Bradford, CEO of CleanSpark, “During…
Cleanspark, a firm that mines bitcoin, announced on Wednesday that it has inked a purchase deal for 10,000 new Bitmain Antminer S19j Pro mining machines at a cost of $28 million. Cleanspark anticipates that the machines will be delivered to the company’s facilities somewhere between the end of October and the beginning of November 2022….
Because the country’s present cryptocurrency regulatory rules are not in step with the reality on the ground, the authorities in Nigeria have been given the recommendation to consider revising the country’s cryptocurrency regulatory standards. The increasing interest in cryptocurrencies among Nigerians, according to professionals in the field of law, indicates that the nation has to…