Monthly Archives: May 2022

MEXC Global Officially Lists Leader in Web 3․0 Gaming – UniX Gaming!

PRESS RELEASE. Zug, Switzerland – 2nd May 2022. UniX Gaming is delighted to announce that they are now officially listed on MEXC, a top 20 exchange, following the announcement of their Final Round launchpad. This is the second CEX on which UniX has been listed, with several more planned for later this year. UniX token holders will be able to deposit their tokens in the MEXC wallet, and trading will begin at 2 p.m. UTC on May 2nd. MEXC users will be able to deposit, withdraw, and […]

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Pierre Poilievre Wants To Bring Bitcoin Adoption to Canada

Canadian politics has transformed from “unimpressive and unambitious” to an exciting new policy direction that includes Bitcoin at the center. In a first for Canada, Conservative Party leadership candidate Pierre Poilievre is campaigning to bring Bitcoin adoption to Canadians as a way to give people control and autonomy over their own finances. To large crowds, unprecedented for a party leadership campaign, the long-time member of parliament and Conservative finance critic said, “We need to give people the freedom to choose other money. If the government is going […]

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Dfinity Foundation files lawsuit against Meta over infinity logo

The court filing is based not on Meta’s logo using the infinity symbol itself, but rather registering a trademark for use in fields offering similar goods and services. Lawyers for Dfinity Foundation, a Switzerland-based nonprofit behind the Internet Computer blockchain, have filed a lawsuit against Facebook’s parent company Meta for trademark infringement over its infinity logo. In a Friday court filing with the United States District Court for the Northern District of California, Dfinity’s legal team claimed Meta Platforms was registering use of its logo, which also […]

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Wikipedia Stops Accepting Cryptocurrency Donations Citing Community’s Environmental Concerns

Wikipedia has decided to stop accepting cryptocurrency donations after eight years of doing so. The decision is based on the request by the Wikimedia community citing “issues of environmental sustainability” as a key reason. Wikipedia Discontinues Accepting Bitcoin, Crypto Donations Wikimedia Foundation has announced its decision to “discontinue direct acceptance of cryptocurrency as a means of donating.” The foundation began accepting bitcoin in July 2014. “The Wikimedia Foundation is the nonprofit that hosts Wikipedia and our other free knowledge projects,” its website details. Wikipedia is a free […]

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Argentina’s Largest Private Bank Now Allows Users To Buy Bitcoin

Banco Galicia, the largest private bank in Argentina, is allowing its users to buy, sell, send and receive bitcoin on its mobile application. Banco Galicia is the largest private bank in Argentina by market share and recently announced it will allow its customers to invest in bitcoin and other cryptocurrencies. Argentina is suffering from hyper-inflation as inflation hit a 20 year high just a few weeks ago. Strike, a bitcoin payment infrastructure company, launched in Argentina earlier this year. Banco Galicia (Nasdaq: GGAL), the largest Argentinian private […]

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Afraid to buy the dip? Bitcoin options provide a safer way to ‘go long’ from $38K

BTC price continues to trade in a wide range, providing an opportunity for options traders to use the Iron Condor strategy. The last time Bitcoin (BTC) traded above $50,000 was Dec. 27, 2021. Since then, four months have passed, but traders seem somewhat optimistic that inflation has hit the necessary threshold to trigger cryptocurrency adoption. In theory, the 8.5% inflation in the United States means that every five years, the prices increase by 50%. This essentially turns $100 into $66 by slashing 33% of the dollar’s purchasing […]

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Gold Miners Outshine Bitcoin Miners To Start 2022. Will It Last?

With a sleepy start to 2022, bitcoin has been outpaced by the classic commodity — but this could change fast. Since the advent of Bitcoin, physical gold and digital gold have been presented as foils to investors. But perspectives of each asset’s underlying mining industry are too often lacking from the comparison conversations. In particular, the past 12 months of market activity have highlighted some important idiosyncrasies and similarities between the yellow metal and its blockchain-based counterpart. While bitcoin mining companies significantly outperformed gold miners several months […]

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Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K

Crypto market weakness continues into May as analysts suggest that deteriorating sentiment could lead Bitcoin price to re-test $28,000. The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend. Equities markets are also in a downtrend and according to researcher Clara Medalie, the price of stocks from companies with exposure to Bitcoin (BTC) have also taken a notable hit. Bitcoin vs. BTC exposed […]

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Law Decoded: The difference between New York City and New York State, April 25-May 2

New York State moratorium on PoW mining reinvigorates the conversation around crypto industry’s sustainability. Last week, New York dominated crypto media headlines in very different ways. In New York State, the local Assembly voted in favor of the bill that would ban for two years any new mining operations that rely on proof-of-work (PoW) consensus mechanisms and use fossil fuel-generated energy.  A temporary moratorium, which could be extended after the state’s Department of Environmental Conservation provides its assessments of the industry’s carbon footprint, marks the first major […]

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Sequoia Capital Partner Believes Lots of VCs Will Pull Back From Crypto

Shaun Maguire, a crypto partner of Sequoia Capital, one of the venture capital firms most active when it comes to investments in the cryptocurrency space, issued its opinion on the future of many VCs investing in crypto. To him, many of the companies that are now experimenting with crypto investments will “pull back” due to market conditions and a misunderstanding of crypto as an investment. Sequoia Partner Not Optimistic About VCs Entering Crypto Shaun Maguire, a cryptocurrency partner in Sequoia Capital, one of the most active VC […]

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