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March 2022

MiCA: EU Rejects Proposed Ban On Proof Of Work

MiCA: EU Rejects Proposed Ban On Proof Of Work

The European Parliament has passed the Markets in Crypto Assets bill, however, without a passage that would stipulate a ban on Proof of Work cryptocurrencies, such as Bitcoin. PoW ban proposal sneaked back in The original draft of the MiCA bill sought to phase out Proof of Work cryptocurrencies, most prominently supported by EP members […]

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Pixar NFT drop sells out on VeVe shortly after launch

Pixar NFT drop sells out on VeVe shortly after launch

It appears the collection sold for an equivalent of $3.3 million. Within 24 hours of its launch on digital collectibles marketplace Veve, crypto enthusiasts purchased all 54,995 pieces of the Disney Pixar Pals nonfungible tokens, or NFTs, collection. The drop consisted of iconic characters and moments created by Pixar Animation Studios, including Sheriff Woody, Mike Wazowski, Lightning McQueen,

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Visa Offers Crypto Development Program for College Students

Visa Offers Crypto Development Program for College Students

Payment giant Visa is offering an 18-month full-time crypto development program for undergraduates in the United States, which will focus on building a “fully fluent cryptocurrency team now and for the future”. In its hiring post, Visa said that the Crypto Development Program will provide undergraduates with “three distinct business rotations” that focuses on “practical experience of different

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Elon Musk Says Tesla and Spacex See Significant Inflation Pressure — Confirms He Won’t Sell Crypto

Tesla and Spacex CEO Elon Musk has revealed that his two companies are seeing significant inflation pressure in raw materials and logistics. He advised people to own physical things when inflation is high but stressed he will not sell his cryptocurrencies: bitcoin, ether, and dogecoin. Elon Musk Discusses High Inflation The CEO of Tesla and

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Apple’s new budget phone is fast and has 5G at 9, if you don’t mind an old look

Apple’s new budget phone is fast and has 5G at $429, if you don’t mind an old look

KEY POINTS Apple’s new iPhone SE 2022 starts at $429, and offers 5G and the same modern processor as in the more expensive iPhone 13, which starts at $699 for the Mini model. However, the design is old, and it lags on battery life and camera quality. It’s fine if you just need to run

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3 reasons why XRP price could drop 25%–30% in March

3 reasons why XRP price could drop 25%–30% in March

A combination of technical, fundamental and social sentiment indicators spell downside risks for XRP after its price rises over 8% week-to-date. Ripple‘s XRP price risks dropping by more than 25% in the coming weeks due to a multi-month bearish setup and fears surrounding excessive XRP supply. XRP descending triangle XRP has been consolidating inside a descending triangle pattern since topping out

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HOW EL SALVADOR IS FIXING CHIVO WALLET, TRYING TO GET BITCOIN ADOPTION BACK ON TRACK

HOW EL SALVADOR IS FIXING CHIVO WALLET, TRYING TO GET BITCOIN ADOPTION BACK ON TRACK

El Salvador tapped crypto software firm AlphaPoint to fix numerous problems with its state Chivo wallet and help citizens adopt Bitcoin. When Bitcoin became legal tender in El Salvador, thousands of keen Salvadorans awaited to download the country’s government-furnished Bitcoin wallet, Chivo. However, within hours, it became clear that the hyperbitcoinization process would not be painless, as users

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Ukraine to Record War Against Russia in NFTs

Ukraine to Record War Against Russia in NFTs

The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia. According to the Guardian, Ukraine has taken this move to fund its war efforts. Alex Bornyakov, Ukraine’s deputy minister of digital transformation, announced that the NFT collection would be “like a museum of the

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Digital Assets Can Boost Revenue Streams for Sports Teams, PwC Says

Digital Assets Can Boost Revenue Streams for Sports Teams, PwC Says

Token sales and metaverse events have the potential to become major revenue streams for teams and leagues. Digital assets can fundamentally alter how fans interact with their favorite teams and athletes, as there will be more ways to “meaningfully connect” than ever before, according to a report from PricewaterhouseCoopers (PwC). Digital assets can also provide

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