Monthly Archives: November 2021

GAIMIN Releases Platform to Create a Global Data Processing Network With “Supercomputer” Performance

PRESS RELEASE. Manchester, UK, 25 November 2021: GAIMIN releases platform to create a global data processing network with “supercomputer” performance UK and Swiss based gaming and blockchain company, GAIMIN․IO Ltd releases a PC-based platform to create a global, decentralised data processing network with “supercomputer” level performance and also announces Nicky Butt, ex-Manchester United, Newcastle and England Team Player as Company Ambassador. A new UK-based technology platform designed to boost the world’s processing power using high-end gaming PCs has opened its platform to users. GAIMIN utilises the unused […]

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Seventh-Largest NFT Platform Rarible Launches Messaging Application

Following the non-fungible token (NFT) platform supporting Flow-based NFT collectibles, NFT marketplace Rarible has launched a direct messaging feature that gives creators the ability to connect with fans via the user’s wallet address. Rarible Reveals Messenger Tool via Internal NFT Marketplace, Standalone Rarible Messenger to Follow The NFT marketplace Rarible is the seventh-largest NFT platform in terms of all-time sales with $273.06 million in sales to date. Statistics from dappradar.com indicate that Rarible has roughly 86,489 traders using the marketplace. Rarible is an Ethereum (ETH)-based NFT market […]

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The future is Bitcoin according to South Park creators

“It’s the future — we’ve all decided centralized banking is rigged so we trust more in fly-by-night Ponzi schemes,” said the motel clerk accepting Bitcoin as payment. South Park, the animated TV series that often tackles topical issues with a comedic twist, showed Bitcoin being used as a mainstream means of payment in the not too distant future. In the “Post COVID” episode of its 24th season which aired Thursday, South Park depicted one of the show’s protagonists, Stan Marsh, paying for a stay in a cheap […]

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Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright

On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help with the creation of Bitcoin. The plaintiffs are hoping to win an incredibly large sum of money and intellectual property (IP) estimated to be worth billions of dollars. Kleiman v. Wright Trial Nears the End The infamous Kleiman v. Wright […]

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UK Law Commission affirms English and Welsh laws apply to smart contracts

“The Law Commission’s analysis demonstrates the flexibility of the common law to accommodate technological developments, particularly in the context of smart legal contracts,” said the announcement. The U.K. Law Commission, tasked with monitoring the laws in the United Kingdom and recommending reforms, has said England and Wales do not need statutory law reform for smart legal contracts in the digital asset space. In a Thursday announcement, the commission said smart contracts built using distributed ledger technology are permissible within England’s and Wales’ current legal framework. The Law […]

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Axie Infinity virtual land slot sells out for 550 ETH

According to the game’s developers, it’s the largest sum ever paid for virtual real estate. In a tweet posted by Axie Infinity late Thursday, a lucrative land plot within the monster-battle fantasy nonfungible tokens, or NFTs, game sold for 550 ETH ($2.3 million). Axies are creatures that users command to duel other players, battle enemies, and complete daily quests. They are also NFTs can be bred (minted), bought, and sold freely. ✨A Genesis Land Plot just sold for 550 ETH! That’s over 2.3 M USD! Our player-owned […]

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Has Bitcoin solidified support at $58K and what’s going on with the Metaverse boom? | Find out now on The Market Report w/ Michaël van de Poppe.

“The Market Report” with Cointelegraph is live right now with special guest Michaël van de Poppe, founder and CEO of Eight Global. Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown:  Has Bitcoin (BTC) finally found support at $58K or is there another price dip incoming? Find out what investors are betting on. How much opportunity do you […]

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Bitcoin Dominance Slides Below 40% for First Time in 6 Months

During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the 40% region for several days now. Bitcoin Dominance Slips to 39.7%, While Ethereum Dominance Commands 19% The price of bitcoin (BTC) reached $69K on November 10, and six days later on the 16th, the price fell below the […]

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Ethereum bulls likely to profit $130 million on ETH options despite two-week slump

$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200. Ether (ETH) investors have no reason to complain after the 344% gains accumulated in 2021 until Nov. 24. Still, analysts fear that the $4,000 resistance test on Nov. 19 is forming a descending channel that aims at $3,600 by mid-December, an 18% correction from the current $4,400 price. Despite outperforming Bitcoin (BTC) by 16% in the past month alone and the ETH/BTC pair climbing to 10-week highs, Ether seems to be […]

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The Crucial Role Of Wild Horses In Bitcoin Mining

Wild horses, the unruly mustangs of the bitcoin world, must make up a larger proportion of hash rate for optimal security of the network. Just over 13 years ago a tsunami was silently and slowly building from the force of Satoshi Nakamoto’s newly released paper “Bitcoin: A Peer-to-Peer Electronic Cash System.” At the time only a handful of cryptography enthusiasts were aware of Bitcoin, and even they were grappling with its viability. And since the source code was still being refined and the genesis block had yet […]

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