Konami, one of the most influential Japanese game development and publishing companies, has announced it will be introducing Web3 and metaverse technologies into its games. The company opened 13 different job openings for three departments that will be responsible for developing the new projects to spearhead Konami’s latest business strategy. Konami to Enter Metaverse and
Bitcoin News
Bitcoin (BTC) may see more pain in the near future, but the bulk of the bear market is already “likely” behind it. That is one of many conclusions from Philip Swift, the popular on-chain analyst whose data resource, LookIntoBitcoin, tracks many of the best-known Bitcoin market indicators. Swift, who together with analyst Filbfilb is also
This week, Bitcoin’s (BTC) price took a tumble as a hotter-than-expected consumer price index (CPI) report showed high inflation remains a persistent challenge despite a wave of interest rate hikes from the United States Federal Reserve. Interestingly, the market’s negative reaction to a high CPI print seemed priced in by investors, and BTC’s and Ether’s
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with PMs
It may not have been tulip season in the Netherlands, but there was a palpable buzz at the picturesque Westerpark, which played host to the Bitcoin Amsterdam 2022 Conference. Prominent speakers from all corners of the Bitcoin (BTC) ecosystem drew in a healthy number of attendees across the two days of the program, exploring wide-ranging
The United States Financial Accounting Standards Board’s (FASB) decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another step toward the wider institutional adoption of cryptocurrency. During a meeting on Oct. 12, the FASB board made the decision to require entities to measure crypto assets at
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned about World War Three. “Are you ready for World War III?” he asked, adding that “History shows wars are about energy: oil and coal.” Robert Kiyosaki on World War III and the Energy Crisis The author of Rich Dad Poor
Bitcoin (BTC) delivered classic volatility on Oct. 13 as United States economic data shook markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sticks by $21,000 target Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it presented some textbook moves to accompany the U.S. Consumer Price Index (CPI) print for September. Coming in
With inflation becoming a bigger problem as time goes on, Bitcoin may become a better and more trusted means of exchange in Europe, according to politician Nigel Farage. At the Bitcoin Amsterdam 2022, Cointelegraph reporter Gareth Jenkinson spoke with Nigel Farage, the former head of the pro-Brexit United Kingdom Independence Party, and discussed how the
According to a report, some Egyptian banks recently informed clients who plan to travel abroad that they can now only withdraw $2,000 or less. The banks have also lowered the amount of foreign exchange that clients can withdraw when abroad. Egypt’s ongoing shortage of foreign exchange has forced some merchants to start demanding payment in
According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious actor was able to siphon $117 million from the protocol. An analysis of the hack published by Certik explains that the attacker manipulated the price of the project’s native token mango (MNGO) which allowed them to borrow $117
On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Group’s Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now manages 220 megawatts (MW) of bitcoin miners with a hashrate of over 4.7 exahash per second (EH/s). Cleanspark Hashrate Moves Closer to 5 Exahash, Firm
Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain licenses to begin operating in countries like Italy, England, Germany, and the
Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height 758,016 as it printed the highest difficulty rise recorded this year. It’s Now 13.55%
The host of Mad Money, Jim Cramer, has challenged crypto investors to bet against him. “You do not do this for 42 years and lose money every year,” he said. His statement followed a filing with the U.S. Securities and Exchange Commission (SEC) for “Inverse Cramer ETF.” Jim Cramer to Crypto Investors: Bet Against Me
It’s been over a year since El Salvador codified bitcoin as legal tender in the Latin American country, and by popping the ‘orange pill,’ the country was propelled into the international spotlight. At the end of September, the 41-year-old Salvadoran president Nayib Bukele penned an opinion editorial that takes aim at the detractors who think