cryptodaily.co.uk: Facebook Meta - good for the metaverse?
Thursday, 03 February 2022 21:48
Meta, its shares having crashed 20% on the back of its poorly perceived fourth quarter financial results, is spending most of its earnings on the Metaverse. Is its idea of a centralised and controlled Metaverse antithetical to the idea of what a Metaverse should be? Zuckerberg’s Facebook,…
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Coin Bureau: Is Bitcoin Mining REALLY Bad for the Environment?
Thursday, 03 February 2022 21:51
There is an interesting human trait that causes people to grasp and believe any argument, no matter how asinine, when it criticises something they do not like. It is an odd bit of human nature that we see in everything that is tribal that causes a division…
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ZyCrypto: Yield App Assets Increase By 40% In Q4 As Platform Passes Audit
Thursday, 03 February 2022 22:41
Yield App, a FinTech startup and digital asset wealth management platform, has released its Q4 report for 2021, revealing that the company is continuing on a solid growth trajectory, with managed assets up 40% from Q3 to $475 million. In addition, the platform has released the findings…
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cryptodaily.co.uk: Gamestop Partners With Immutable X To Launch NFT Marketplace
Friday, 04 February 2022 07:55
Gamestop has announced that it is partnering with blockchain startup Immutable X to launch its NFT marketplace sometime later in 2022, as the companies look to take advantage of the booming NFT space. Both companies have also announced the creation of a $100 million fund that will…
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Coingape: Russia’s Head Of Chamber Calls For Bitcoin Mining To Be Recognized As Business
Friday, 04 February 2022 11:09
The government of Russia is coming under more pressure to make more friendly regulations for crypto in the country. A letter sent to Russia’s finance minister by Sergey Katyrin, the head of the Chamber of Commerce and Industry of the Russian Federation (RF CCI), urged the government…
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cryptodaily.co.uk: The first green shoots of crypto recovery?
Friday, 04 February 2022 11:26
Crypto has been pounded from pillar to post. Promises to hike rates by the Federal Reserve, an incredibly uncertain regulatory environment, and much negativity throughout the mainstream media. However, there are definitely signs that perhaps Bitcoin and the altcoins are just beginning to turn the corner. Today…
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Coingape: Grayscale Launches ‘Future Of Finance’ ETF In Collaboration With Bloomberg
Friday, 04 February 2022 12:07
Grayscale Investments, a digital currency asset management, has developed the Grayscale Future of Finance ETF collaboration with Bloomberg. Grayscale launched this ETF based on the belief that the digital economy would grow. Grayscale’s First Exchange-Traded Fund It is highly tied to crypto-based or crypto-related enterprises in some…
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cryptodaily.co.uk: HMRC updates its cryptoassets manual to address DeFi taxation in the UK
Friday, 04 February 2022 12:32
The UK’s HMRC has updated its cryptoassets manual that it published last year, to provide legislative clarification on how DeFi will be taxed in the UK. The cryptoassets manual is a formalisation of HMRC’s guidance which is updated as the cryptocurrency market expands and evolves. On 2…
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ZyCrypto: Top African Crypto Exchange Luno Set for US Market Entry
Friday, 04 February 2022 13:12
One of the biggest crypto exchange platforms in Africa, Luno, is looking to break into the US market. Founded in 2013, the UK-based exchange company originally focused on brooding crypto adoption in developing markets, is seeking to expand into the biggest global market for cryptos before the…
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cryptodaily.co.uk: Boston Fed releases first CBDC research - Better than crypto?
Friday, 04 February 2022 14:00
Yesterday, the Federal Reserve Bank of Boston, together with the Massachusetts Institute of Technology, released their research on a proposed central bank digital currency. It is said to be able to handle 1.7 million transactions a second, but at the end of the day it’s still the…
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