US Bitcoin mining firm turns to harmful coal waste for cleaner energy

Stronghold Digital Mining (SDIG), a crypto mining company in Pennsylvania, is turning waste from old power plants into energy to power hundreds of Bitcoin mining rigs. The company collects coal refuse, a leftover waste material from the process of coal mining, and burns it in what it says is an emissions-controlled environment at its energy generation facilities. Coal refuse can cause a raft of environmental problems, such as water and air pollution, and acid mine drainage, the acidic water which comes from coal mining operations. Collecting this waste and safely…

Just $750 For Unlimited Blockchain Requests & Advanced Web3 Functionality By BTC Peers

Ankr Limited Offer: Just $750 For Unlimited Blockchain Requests & Advanced Web3 Functionality Until the 15th of April, Web3 developers are being offered a reduced price for the Ankr Premium. Plan at just $750. Ankr is already known as an industry leader in terms of Web3 decentralized infrastructure with a giant suite of offerings for not only developers but also enterprises and DeFi stakers. The pricing was already extremely competitive aside from the limited offer. The Ankr Premium Plan The Ankr Premium Plan limited offer allows access to development on…

Ethereum Fails above $3K, Can Bulls Make it?

Ethereum attempted a steady increase above $3,000 against the US Dollar. ETH price failed near $3,050 and started a downside correction. Ethereum started a downside correction after it failed to clear $3,050. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major contracting triangle forming with resistance near $2,965 on the hourly chart of ETH/USD (data feed via Kraken). The pair is consolidating above $2,900 and might start another increase in the near term. Ethereum Price Remains Supported Ethereum started a steady…

Animoca Brands targets social media giants in latest Web3 expansion plans

Animoca Brands co-founder and chairman Yat Siu stated that his firm will continue to “shepherd companies into Web3” to speed up the evolution of the internet into an open Metaverse. Siu has long advocated for the broader concept of an open Metaverse as opposed to a closed one that is dominated by large centralized Web2 companies. Central to Siu’s argument is that decentralized Web3 platforms and tech such as NFTs offer users a chance to maintain ownership rights over their data and content online, instead of it being controlled and…

Crypto investor Katie Haun raises $1.5 billion for Web3 venture fund

Katie Haun, crypto investor and board member for Coinbase and OpenSea announced that she had raised $1.5 billion for her new fund, Haun Ventures. On Tuesday, March 22, Haun posted an article on Twitter, briefly introducing the firm and sharing that the funds would be used to invest in Web3 projects. Introducing @HaunVentures, a firm built for the next generation of the internet. We’ve raised $1.5 billion across two funds to invest in web3. An exciting first step, but the real work begins now. https://t.co/tBeE4OEJkD — Kathryn Haun (@katie_haun) March…

Bitcoin Steadies Above $42K, What Could Spark More Upsides

Bitcoin started a steady increase above the $42,000 resistance against the US Dollar. BTC tested the $43,400 zone and recently corrected lower. Bitcoin started a downside correction after a test of $43,400. The price is trading above $42,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $41,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $41,500 support zone to remain in a positive zone. Bitcoin Price Remains In Uptrend Bitcoin…

Chip giant Qualcomm launches $100M Metaverse fund

Multinational software and microchip giant Qualcomm Incorporated has launched a $100 million Metaverse fund to back extended reality (XR), artificial intelligence (AI), and augmented reality (AR) tech companies.  Extended reality, or XR, refers to the combination of smartphones along with AR and VR technology such as headsets and glasses. The investment project is dubbed the “SnapDragon Metaverse Fund” in reference to the firm’s Snapdragon chips that are designed for a long list of devices including smartphones, tablets, computers, smartwatches, and smartbooks. According to a March 21 announcement, the funding will…

Coinbase Cloud launches Avalanche developer tools suite

Web3 developer hub Coinbase Cloud has added a suite of tools to support development on the Avalanche blockchain and smart contract platform. As part of the new support features, Coinbase Cloud is running an Avalanche (AVAX) public validator node. This allows Avalanche network participants to stake their AVAX tokens with Coinbase Cloud and delegate power for validating transactions on the blockchain. .@coinbasecloud is committed to supporting our #AVAX builders and participants. #Avalanche #AvalancheRush Find out more https://t.co/bthhKDrxDz pic.twitter.com/vggilAhFQk — Coinbase Cloud (@CoinbaseCloud) March 22, 2022 Ethereum Virtual Machine (EVM) compatibility…