Month: February 2022

Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency will reportedly be issued as early as February and will be available to retail investors through cryptocurrency exchanges. The stablecoin will be linked to gold prices at
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Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply Exceeds Demand on Russian Market for Mining Chips Mining hardware is
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Bitcoin (BTC) fell further pre-Wall Street on Feb. 3 as analysis revealed old resistance levels had returned to haunt bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $38,600 is back Data from Cointelegraph Markets Pro and TradingView painted another uninspiring picture for BTC/USD Thursday, with the pair meeting new lows of $36,275 on Bitstamp. After shock
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Activision Blizzard, which is being acquired by Microsoft for $68.7 billion (roughly Rs. 5,13,300 crore), missed market estimates for fourth-quarter adjusted sales on Thursday, as the pandemic-fuelled sales boost for its games such as Call of Duty showed signs of cooling. Videogame sales in the United States surged since the start of the pandemic, as people
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Handy Geng, a Chinese electronics handyman and influencer, have created a massive power bank with 27,000,000mAh capacity. Geng posted a video on YouTube in January, where he detailed the process of building the power bank. He added a cheeky caption: “It seems everyone else has a bigger power bank than mine. I’m not so happy
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South Korea’s telecommunications regulator wants better compliance plans from Apple and Alphabet’s Google before finalising rules for a law banning app store operators from forcing software developers to use their payments systems, officials said on Thursday. South Korea passed the law, an amendment to the Telecommunication Business Act, last year. The rules, due to be
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Investors are snapping up shares of Snap after the owner of the disappearing message platform Snapchat surprised Wall Street by posting a quarterly profit for the first time. The stock jump came Thursday after Facebook parent Meta saw its worst one-day stock price decline in its history, showing that while internet and social media companies
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