Monthly Archives: December 2021

ERTHA Sold out on Seedify and Gamefi in Less Than a Minute

December 20, 2021: Seedify and Gamefi are the top gaming launchpads in the blockchain sector. ERTHA is pleased to have launched there and sold out the community pools in 53 and 32 seconds respectively. To back up, ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on Binance Smart Chain. Users can explore and investigate the world by choosing specializations and increasing the strength of your nonfungible token (NFT) and country. ERTHA’s globe consists of 350,000 HEX land plots, represented as […]

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NFT-collateralized loan platform Arcade raises $15M in funding round

Pantera Capital’s Lauren Stephanian said the platform’s collateralization of NFTs could incentivize participation from institutional investors. Arcade, a platform that allows users to utilize nonfungible tokens as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital. In a Wednesday announcement, Arcade said Pantera, Castle Island Ventures, Franklin Templeton Blockchain Fund, Golden Tree Asset Management, Eniac Ventures, Protofund, Probably Nothing Capital, and Lemniscap in addition to angel investors BlockFi CEO Zac Prince and Quantstamp CEO Richard Ma were behind the […]

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Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund

The exploited nonfungible token project is looking to make things right before the holidays with the help of a compensation fund. On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community’s crypto funds through a security breach on Discord.  According to its developers, the hack first occurred with the breach of Grape, a popular solution for verifying users on Solana. Hackers then used the exploit […]

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Stratos Jet Charters Reveals Crypto Payment Acceptance for Flights via FTX Pay

The Orlando, Florida-based Stratos Jet Charters Inc. has announced the company has partnered with FTX US and the collaboration will make it so Stratos Jet customers can pay for services with crypto payments via FTX Pay. The CEO of Stratos Jet says the company has been in search of a crypto partner and noted that FTX was an “ideal fit.” Stratos Jet Customers Can Book and Pay for Flights Using Cryptocurrencies On Tuesday, the firm Stratos Jet Charters Inc. revealed the company has inked a deal with […]

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An Essay From El Salvador: A Moment In Time For Bitcoin And A Country

Bitcoin adoption in El Salvador has put the country in the news in a positive light, as the world watches their progress. This is the third installment in Okcoin’s “I am Satoshi” series, profiles of Salvadorans during the transition to bitcoin as legal tender. Read the first about Elina Marchenko’s visit with Enrique Barrios of Bitcoin Smiles. “I can’t believe I’m reading about El Salvador in the Wall Street Journal!” As I read that email from a friend, it struck me how much of a contrast it […]

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Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million

The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades has been attributed to the depreciating lira which plunged to a new low against the USD on December 20. Lira Plunges Cryptocurrency trades in inflation-stricken Turkey have surged to above one million per day for the first time since March, a Reuters report citing Chainalysis and Kaiko data has said. According to the report, the return to […]

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Households Are Exploiting Cheap Siberian Energy to Mine Bitcoin

Russia’s cold climate and cheap energy lead thousands of households to mine bitcoin. After China banned bitcoin earlier this year, Russia became the world’s second-biggest bitcoin miner country. Its cold climate nurtures the perfect conditions for bitcoin rigs to function at top performance for long periods without fancy cooling systems. But in addition to enterprise operations, home mining is also becoming popular in Russia. According to a report by The Telegraph, over 14,400 households in Irkutsk, Russia, are estimated to be mining bitcoin, up from 8,000 last […]

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Why I Find The Bitcoin Community So Compelling

The Bitcoin community assembles like minded people who hold the values of freedom and sovereignty above all else. Listen To This Episode: Apple Spotify Google Libsyn Overcast Art and Bitcoin — both draw in some of the most creative minds in the world. I discussed this and more interesting intersections with Bitcoin Magazine’s PhoenixBTC. We touched on how bitcoin affects time preference, and how Bitcoiners can be more receptive to newcomers to the space. Finally, we talked about what Phoenix was excited for going forward in the […]

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Hive Blockchain on track to mine more Bitcoin, less Ether this quarter

The Canadian mining firm expected its Ether production to decrease by more than 20% quarter over quarter, while its Bitcoin mining would rise a modest 2%. Publicly traded crypto mining firm Hive Blockchain is expecting to produce 6,900 Ether (ETH) and 670 Bitcoin (BTC) for the fiscal quarter ending on Dec. 31, marking a respective drop and increase over that of the previous quarter. In a Wednesday notice to shareholders, Hive said it had mined 6,280 Ether from Oct. 1 to Dec. 21, and was on track to mine […]

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Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price

The two most traded nonfungible token collections vie for the top spot in sales with BAYC in the lead, according to OpenSea. The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69 ETH, which is currently worth $210,239, according to OpenSea. All month long there has been speculation about the possibility of Bored Ape flipping CryptoPunks in terms of NFT floor price. Earlier this week, Cointelegraph did a deep dive into […]

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