Day: January 21, 2022

El Salvador buys its cheapest 410 Bitcoin as prices reach $36k

Arijit Sarkar

The Central American country of El Salvador has added 410 Bitcoin (BTC) to its central reserve as BTC prices trade below $37,000, a price last seen on July 26th, 2021.  The fresh addition to El Salvador’s BTC reserve was announced by President Nayib Bukele, who confirmed that the purchase of 410 BTC was made against $15 million, placing the price at approximately $36,585 per BTC. Nope, I was wrong, didn’t miss it. El Salvador just bought 410 #bitcoin for only 15 million dollars Some guys are selling really cheap ‍♂️…

Blockchain and the evolution of business models in the game industry

Tatiana Revoredo

The first computer games were developed in the late 20th century with the sole purpose of entertaining their audience. One of the first goals was to distract players from their routine work and provide them access to a fantasy world. Very soon, games began to compete for users’ time against traditional forms of entertainment, such as movies, circuses, theater performances, zoos, etc. Planet Earth entered the new millennium with a population of over 6 billion people, and the forecast is that this number will reach 8 billion as early as…

Totem Hosts Weekly AMAs About Web3 and NFTs

Press Advantage

Totem’s founders and team host weekly AMAs on Twitter Spaces every Tuesday at 19:00 UTC. For many parties interested in Web3, Twitter Spaces has become a popular way to get information. A Twitter Space can be used to communicate, share multimedia content and deliver notice of events around specific themes. During the weekly AMAs, Totem founders have discussed a variety of topics, including web3, NFTs, technology, and products that get getting ready to launch. Totem discussed their progress on Totem OS, virtual gatherings, and Wavelength in a recent Medium post.…

El Salvador Purchases 410 More Bitcoins Amid Market Drop

Michael Bellusci

El Salvadaor bought 410 bitcoin for $15 million Friday, the country’s President Nayib Bukele said on Twitter. “Some guys are selling really cheap,” he added in his tweet. Bitcoin was down about 12% late Friday below $36,500 as the broader crypto prices also retreated. Nope, I was wrong, didn’t miss it. El Salvador just bought 410 #bitcoin for only 15 million dollars ? Some guys are selling really cheap ??‍♂️ https://t.co/vEUEzp5UdU — Nayib Bukele ?? (@nayibbukele) January 21, 2022 The nation now holds over 1,500 BTC and plans to issue…

3 emerging P2E gaming trends to keep an eye on in 2022

Jordan Finneseth

Blockchain-based play-to-earn (P2E) gaming had a breakout year in 2021, and as the cryptocurrency ecosystem evolves in 2022, the P2E gaming sector and those that invest in it will need to consider what the next steps are. During bull markets, vaporware, speculation and euphoria can lead to unrealistic valuations and expectations, and this appears to also have impacted the P2E sector. Now that the hype is “over,” investors and developers will need to identify new value propositions that catalyze growth and steady investment into the blockchain gaming sector. Here’s a…

The life cycle of smart contracts in the blockchain ecosystem

Cointelegraph By Jagjit Singh

The formation of a smart contract, freezing of the smart contract, execution of the smart contract and finalization of the smart contract are the four significant steps of a smart contract’s life cycle. It is different from the blockchain development life cycle, which begins with defining the issue you want to resolve with your blockchain product and ends with a minimum viable product. Create Iterative contract negotiation and an implementation phase make up the creation phase. First, the parties must agree on the contract’s overall content and goals. This is…

Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market

Jordan Finneseth

Bitcoin (BTC) price continues to sell-off and the knock-on effect is an even sharper correction in altcoins and DeFi tokens. At the time of writing, BTC price has sank to its lowest level in 6 months and most analysts are not optimistic about an immediate turn around.  Data from Cointelegraph Markets Pro and TradingView shows that a wave of selling that began late in the day on Jan. 20 continued into midday on Friday when BTC hit a low of $36,600. BTC/USDT 1-day chart. Source: TradingView Here’s a check-in with what analysts…

Opera’s new launch Web3 Crypto Broswer Is All Set For Your Device

Anthony B

Opera, the famous email browser, has introduced a beta version of its web3 crypto browser. The new beta version is more than just your average internet surfer. Along with features such as a built-in cryptocurrency wallet and shortcut for quickly switching between different crypto exchanges. They have also added decentralized apps support. Web3 Crypto Browser Opera Web3 crypto browser supports both cryptocurrency and blockchain technology. It can function in an environment where digital currencies are accepted and store your funds securely for use on the web or when making transactions…

SEC rejects MicroStrategy’s Bitcoin accounting practices: report

Turner Wright

Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s accounting practices for its crypto purchases. According to a Bloomberg report, a comment letter from the SEC released Thursday showed the regulatory body objected to MicroStrategy reporting information related to its Bitcoin (BTC) purchases based on non-GAAP, or Generally Accepted Accounting Principles. The business intelligence firm has been reporting it used these methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets”…

A Possible Russian Crypto Ban and Vitalik’s Synthetic Womb: This Is 2022

Anthony B

Finally, the gang unpacked Buterin’s baby pod idea, which he floated as a means of female empowerment:“Disparities in economic success between men and women are far larger once marriage+children enter the picture. Synthetic wombs would remove the high burden of pregnancy, significantly reducing the inequality,” he wrote on Twitter. Author: Ben Schiller, Anna Baydakova, Danny Nelson Source link