A 4-year-old makes over 6,500% profit on her first Bitcoin holding
A Brazilian father’s gift of 1 BTC (roughly $915.80) to his newborn daughter back in 2017 makes over 6,500% profit as Bitcoin is now worth more than $60,000. A 4-year-old girl is said to have profited almost 6,500% on a one Bitcoin (BTC) gift she got on the day of her birth. João Canhada, the […]
Chingari short-video platform launches social token and an NFT marketplace
Chingari, a short-video app that recently raised $19M to launch a social token, has released its crypto-token called $GARI as well as its own non-fungible token marketplace (NFT). The $GARI program was inaugurated in Mumbai on Saturday by Bollywood star Salman Khan, who has been taken on as the marketplace’s brand ambassador . According to […]
Blockchain Isn’t Fit For Central Bank Digital Currency, Says Former Boston Fed President
According to Rosengren, blockchain isn’t suitable for retail payments since it’s a sluggish technology with a fluctuating asset price. Based on studies conducted by the Boston Fed and MIT, former President of the Federal Reserve Bank of Boston Eric Rosengren gave some significant insights on what a central bank digital currency (CBDC) may look like. The […]
Bank of Russia to Evaluate Crypto Investment of Citizens
Russian President Vladimir Putin has expressed his willingness to accept cryptocurrencies such as Bitcoin as a means of moving payments. The head of the central bank’s financial stability section is now assessing how much Bitcoin is held by local investors. Elizaveta Danilova of the Bank of Russia is in the headlines today after revealing that […]
These blockchain games are more popular than Axie Infinity, according to DappRadar
While Axie Infinity may be the star of the show, DappRadar’s Q3 2021 blockchain gaming health report shows many other games ahead in terms of unique active wallets (UAW). As predicted, the research notes that play-to-earn (P2E) gaming, and to a lesser extent, non-fungible tokens (NFTs) , are propelling growth in the blockchain gaming market. […]