Bitcoin

Humans have always had the ambition to explore outer space. To this day, the Moon Landing remains etched in history as one of the most highly regarded events of all time, one that continues to inspire over half a century later. Space travel is still far from universally available, such that even the planets and moons of our Solar System are beyond our reach but for the hard work and effort of the world’s various space programmes. MARS4 Metaverse aspires to bring that dream closer. What is MARS4? MARS4 is a blockchain-based project consisting of three interconnected parts: NFTs, MARS4 dollars and the upcoming game. All these elements will come together to create an interactive virtual Mars with a self-sustaining economy. Like many blockchain games, MARS4 will be a Play-to-Earn game where NFTs and tokens are utilized as tools to give a rich and exciting experience of Mars for the players. With MARS4, you can own a unique Mars land NFT modeled after NASA’s Mars data. MARS4 land NFTs

The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing fast-food restaurants called Fries DAO has raised more than $5.4 million to achieve the goal. Fries DAO Creators Dream of a ‘DAO-Governed Fast-Food Franchise Empire’ Last week, Bitcoin.com News reported on a newly launched DAO that is attempting to purchase the NFL’s Denver Broncos football franchise for $4 billion. Ever since 2016’s Genesis DAO and the subsequent hack that followed, DAO concepts have grown in popularity and security seems stronger. Basically, a DAO is automated, decentralized, and operated by the community’s blockchain governance system. A DAO’s native token is typically leveraged to be used as a stake in governance voting processes, and for paying for goods, services, and future goals. A newly launched DAO called Fries DAO is attempting to leverage the DAO idea to purchase fas

On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged — “Fundamental, Sentiment, Technical, [and] Safety trade.” Northmantrader’s Founder Sven Henrich Describes Why He Thinks ‘Bitcoin Is Rallying in the Face of Crisis’ The price of bitcoin (BTC) surged on Monday to a high of $44,256 per unit at 5:35 p.m. (EST). BTC ’s price hasn’t been this high in USD value in roughly 39 days, since January 20, 2022. Bitcoin’s price rise sparked a number of conversations on social media and forums during the course of the day. After the price of the leading crypto jumped, gold bug and economist Peter Schiff shared his two cents about the market action on Monday. “Gold and bitcoin are both up today,” Schiff tweeted . “But this move in no way implies a correlation. They’re rising for different reas

The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks. Dogecoin and Shiba Inu Payments Coming to AMC Theatres in March The CEO of AMC Entertainment Holdings, Adam Aron, announced on Twitter Monday that AMC Theatres will be accepting payments in two popular meme cryptocurrencies, dogecoin (DOGE) and shiba Inu (SHIB), in March. AMC Entertainment (NYSE: AMC), aka AMC Theatres, is the largest movie exhibition company in the U.S., Europe, and the world. The company owns or operates approximately 950 theaters and 10,500 screens globally. Aron explained that the IT department at AMC Theatres says that “Bitpay will be live for AMC online payments” by March 19 and live on the company’s mobile apps by April 16 or a few days earlier. The CEO has promised the crypto community that AMC Theatres will accept DOGE and SHIB payments since he put

While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inflation is likely going to be worse than initially feared this year, Goldman Sachs explained in a report published on Sunday. Moreover, in terms of inflation coupled with the Ukraine invasion, an economics professor at American International College (AIC) stressed there’s “a perfect storm brewing.” Goldman Sachs: ‘Strong Jobs Market and Rising Inflation Could Ignite a Moderate Wage-Price Spiral’ Inflation has been ghastly in 2022 and it may not get better this year, according to a new inflation report stemming from Goldman Sachs economists on Sunday. “The inflation picture has worsened this winter as we expected, and how much it will improve later this year is now in question,” the note from the financial institution explained. Goldman’s note to investors, follows the Consumer Price Ind

PRESS RELEASE. Moledao presents MoleHack: NFT 2.0 – a global challenge to discover new innovations in the NFT space. In partnership with Bybit, Polygon, BitDAO, iZUMi Finance, Project Galaxy, thirdweb, buildspace, L2Y, Web 3 Collective and more, the hackathon has over $80,000 grants and prizes in total for builders to win. In conjunction with MoleHack: NFT 2.0, Moledao launched its exclusive web 3 membership NFTs on Project Galaxy for both new and old builders of Moledao. For the new builders of MoleHack: NFT 2.0, the first 50 registrants who submit their completed project will be able to claim a special edition hacker NFT while the Original Mole collection will be claimable for all Moledao Web 3 Hackathon participants and partners. Both batches of NFTs will be claimable in April. Moledao NFT holders, also known as Moles, are part of an exclusive hidden Mole kingdom that is living in the age of web3. Some benefits include introduction to accelerators, investors, and membership to

The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of these things, payments, advertising, our focus categories.” Ebay CEO Jamie Iannone: ‘Without Any Official Announcement, People Started Trading NFTs on the Platform’ There are a few online business giants such as Amazon and Ebay, that crypto supporters hope someday may support cryptocurrency payments in the future. Ebay has been the topic of conversation for years as crypto advocates believe digital assets and the online auction platform would benefit each other a great deal. On May 11, 2021, Bitcoin.com News reported on Ebay allowing NFT sales on the auction site. During his interview with The Street, Ebay CEO Jamie Iannone e

PRESS RELEASE. NFTs have taken the crypto community by storm. As market participants realized the number of applications for ‘Non-fungible tokens’ (used to certify the authenticity of digital assets), many immediately saw $$$ signs. Nevertheless, although the talk about NFTs often only revolves around certifying artwork, there is another field that has natural synergies with NFT technology too – metaverses, i.e., the next generation of gaming. On top of this trend is MetaShooter , the first decentralized blockchain-based hunting metaverse that joins millions of gaming enthusiasts in a community to share a realistic (VR compatible) hunting experience. Not only are modern-day hunters invited to compete in tournaments with stunning visuals, but they are also rewarded with NFTs of monetary value by hunting trophies and triumphing against their fellow hunters. MetaShooter modernizes the hunting experience, developing new ways old hobbyists and new gamers alike can interact within the

Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling NFT content is planned to launch in 2023. Rakuten Launches Non-Fungible Token Marketplace During the last few years, the Japanese online retail giant Rakuten has been dipping its feet into the world of cryptocurrencies and blockchain solutions. In the summer of 2019, Rakuten launched a cryptocurrency exchange and in the spring of 2021, Rakuten allowed customers to load crypto into Rakuten Pay accounts. Now the company is getting into the NFT game, as Rakuten announced the launch of a new platform called Rakuten NFT . “Rakuten NFT is a service that provides a marketplace for users to purchase NFTs, as well as peer-to-peer buying and selling of NFTs, in a range of areas such as sports and e

It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee is $10.26 per transfer. While on-chain fees are cheaper, layer two (L2) transactions have followed suit dropping significantly during the last seven days. Ethereum Gas Fees Continue to Slide It’s a lot less expensive to transact with the Ethereum (ETH) network on February 27, as average size fees are down to 0.0039 ETH or $10.26 per transfer. The last time Ethereum network fees were this low was six months ago, back in late-August 2021. Currently, with average fees at $10.26 per transfer, it’s 80.26% cheaper than it was transferring ETH on January 10, 2022. At that time over a month ago, the average transaction fee was $52 per transaction. Ethereum fees have been sliding downward ever since tha

The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium (CPH), counterparty (XCP), and terra (LUNA) leading the pack. TVL in Defi Jumps Back Above $200 Billion — Cypherium, Counterparty, Terra Rise Crypto markets have recovered after initially dropping after Russia invaded Ukraine three days ago and the rebound has pushed defi value up as well. After falling beneath the $200 billion mark, the total value locked (TVL) in defi has jumped back above the zone to $200.94 billion on February 27. The TVL in defi across all the top blockchains hit a low of $185.9 billion on January 28 and it’s up 10.61% since that day. Curve dominance is 8.68% on Sunday with $17.86 billion total value locked but the defi protocol’s TVL is down 5.61% since last week.

Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian military assault that may disrupt communications, among other threats. Elon Musk Provides Ukrainians With Access to Starlink U.S. billionaire and crypto influencer Elon Musk revealed on social media the activation of Starlink for Ukraine. The satellite internet constellation is operated by Spacex, the aerospace manufacturer and provider of space transportation services founded and managed by Musk. The entrepreneur also tweeted that the company is sending Ukrainians the necessary equipment. Starlink’s low-orbit satellites provide high-speed broadband internet across the globe but access to the network requires the installation of a special antenna and modem. Earlier on Saturday, Ukraine’s Minister of Digital Transformation Mykhailo Fedorov took to Twitter to address

The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78% epoch change on February 17. Bitcoin Hashrate Drops From 249 Exahash per Second to 169 EH/S in 12 Days From January 13 to February 15, Bitcoin’s hashrate was coasting along at record highs for roughly 33 consecutive days. This weekend, on Sunday, February 27, 2022, the hashrate has dropped 30% from the 249 EH/s ATH captured on February 15. At the time of writing, Bitcoin’s ( BTC ) network hashrate is around 168.14 EH/s or 168,144,793,932,750,200,000 hashes per second (H/s). Meanwhile, bitcoin’s price has been lower than usual but 30-day statistics show the price per BTC is up 4.4%. Although, bitcoin mining monthly revenue and 7DMA revenue mining stats are down according to onchain metrics. The dro

PRESS RELEASE. DUBAI, UAE : MContent has announced the arrival of the Cineverse to the world whereby they aspire to bring Cinema to people anywhere, anytime – MContent and their launch was enabled due to a collaboration with PwC Middle East emerging technology teams. A high-end launch event was attended by notable guests at Palm Jumeirah Dubai where MContent premiered their original co-productions titled “Ripple vs. SEC Saga” and “El Salvador vs. World Bank”. The Cinema premier however was different from the norm as participants were seen glaring at the ocean sitting at a beach wearing their virtual reality (VR) headsets engaged in an immersive Cineverse experience. Earlier in January 2022, the leading UAE conglomerate, Gargash Group, had announced a major investment in MContent, the world’s first tokenised content ecosystem that aims to revolutionise the global content landscape. Designed to convert content viewers into content owners, the first-of-its-kind platform enables

The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice. Bitconnect’s Founder Could Go to Prison for 70 Years The U.S. Department of Justice (DOJ) announced Friday that the founder of the global crypto fraud scheme Bitconnect has been charged. “Bitconnect is an alleged fraudulent cryptocurrency investment platform that reached a peak market capitalization of $3.4 billion,” the DOJ described, adding: A federal grand jury returned an indictment today charging Satishkumar Kurjibhai Kumbhani, a citizen and resident of India, with multiple crimes for his alleged role in a massive criminal conspiracy involving the cryptocurrency company he founded, Bitconnect. The 36-year-old from Hemal, India, misled investors that the scheme’s “Lending Program” was able to “generate substantial profits and guaranteed returns” using “

U.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decentralized and not controllable. He added that “China recently banned bitcoin because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin.” US Senator Bullish on Bitcoin U.S. Senator Ted Cruz from Texas spoke favorably about bitcoin at the Conservative Political Action Conference (CPAC) Thursday. Launched in 1974, CPAC “is the largest and most influential gathering of conservatives in the world,” its website describes. During his speech at the event, the senator said: One of the reasons why I’m so bullish on crypto, on bitcoin, is because it is decentralized and not controllable. “Let me give a fantastic example,” he continued. “So Justin Trudeau said I don’t like me some truckers, so we are going to freeze your assets. So the court went to try to freeze the crypto that was being given to the truckers.” Senator Cruz proceeded to read aloud a letter fr

Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for crypto will fall and regulatory risk will rise.” Crypto Faces Regulatory Risks if Used by Russia to Evade Sanctions Amid growing talk of banning Russia from the SWIFT global interbank payments system after its invasion of Ukraine, some analysts have warned that Russian President Vladimir Putin could turn to cryptocurrency to evade sanctions. “We believe Washington is worried that Russia will use crypto to evade sanctions,” Cowen Washington Research Group analyst Jaret Seiberg reportedly said Friday. He added: If Russia is able to use crypto this way, then we believe political support in the U.S. for crypto will fall and regulatory risk will rise. Seiberg believes that since most global trade is still dollar-denominated, it could be challenging for Russia to use crypto to evade SWIFT.

An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,” he said, adding that the change is a “once in a lifetime opportunity to be part of building the next stage of the digital evolution.” From Goldman Sachs to Coinbase Roger Bartlett is leaving global investment bank Goldman Sachs to join crypto exchange Coinbase. At Goldman Sachs, he was a managing director and global co-head of operations for Global Markets for one year. Before that, he was the global head of operations for Equities for almost five years. Prior to joining Goldman Sachs, he was vice president at Credit Suisse for six years. Bartlett announced on Linkedin Friday: After 16 years at Goldman Sachs, it’s time to embrace the crypto economy. I am delighted to announce that next week I’ll be joining Coinbase to run Global Financial Operations. He explained that now it is time to take his experience from Goldman Sachs and follow his “p

PRESS RELEASE. Leading personal financial services’ evaluator, the Ascent, named KuCoin crypto exchange the best cryptocurrency app of 2022. The Ascent is a flagship product of world-renowned private financial and investing advice company , The Motley Fool. Ascent rated KuCoin Exchange based on factors like fees, selection of coins, customer reviews, KYC rules, security features and wallet availability. Accolades from organizations such as the Ascent or Forbes—which named KuCoin Exchange one of the best cryptocurrency exchanges last year—reflect the platform’s significant growth volume and user base in recent years. The latest survey indicates that KuCoin Exchange received 10 million users by December 2021 from 207 countries. In 2021, KuCoin Exchange’s cumulative trading volume hovered around $1 trillion (Spot & Futures trading) while the average daily trading volume reached the $3 billion mark. KuCoin Exchange Review 2022 on vetted ranking sites like CoinMarketCap and Coinge

After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for a significant premium. Crypto in Ukraine Sees Premiums The ongoing conflict continues in Ukraine after Russian troops invaded the territory. The United Nations (UN) estimates that roughly 100,000 Ukrainian citizens have fled the country during the last 24 hours. Following the Russian invasion, two days ago, the National Bank of Ukraine (NBU) implemented a daily cash withdrawal cap of 100,000 hryvnias ($3,350). The NBU invoked the mandate on February 24, after Ukrainian president Volodymyr Zelensky imposed martial law. Immediately following the NBU’s limit mandate on cash withdrawals, the cryptocurrency exchange Kuna saw trade volume surge by $3.5 million on Thursday. Trade volume on Kuna jumped from