Day: August 31, 2022

Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say

2022-08-31 By admin

Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors are considering projects for another 200 MW despite constraints stemming from Western sanctions, a report reveals. Annual Income From Crypto Mining With Associated Gas in Russia to Exceed One Billion Rubles Data centers mining cryptocurrencies […]

GameSwift CEO Wojciech Gruszka Explains Why Developing a Steam-Like Web3 Platform Is a Gamechanger

2022-08-31 By admin

GameSwift is a one-stop gaming ecosystem that aims to introduce cross-chain interoperability to web3 gaming. Chain, Web3 Infrastructure, Platform, and Gaming Studio are the four well-designed and integrated pillars of the ecosystem. Its original infrastructure facilitates implementing blockchain technology and sharing in-game resources for game developers and lets the players enjoy their gaming experience to […]

Report: Constitutional Court Says Central African Republic’s Sango-Coin-for-Citizenship Scheme Is Illegal

2022-08-31 By admin

A constitutional court in the Central African Republic has reportedly ruled that the Touadéra government’s offer of land and citizenship to buyers of the sango coin is unconstitutional. The court said the sango-coin-for-citizenship scheme must be stopped because the country’s “nationality has no market value.” Offering Land and Minerals to Sango Coin Investors Ruled Unconstitutional […]

JPMorgan Advises Investors to Sell Crypto, Buy Value Stocks — Says the Fed Overestimates Strength of US Economy

2022-08-31 By admin

The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overestimating the strength of the U.S. economy as it feels guilty about the fact that inflation went up under their watch,” he said. JPMorgan Strategist’s […]

Report: Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós

2022-08-31 By admin

According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven Seven Six fund called Kryptós will concentrate on investing in cryptocurrencies like bitcoin and ethereum. Seven Seven Six Launches Cryptocurrency Fund Kryptós — Plans to […]