The digital currency ecosystem is growing at a fast pace, as is visible on all fronts.

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Blockchain.NewsTopic 2

GameStop shares jump 26% in after hours trade after NFT division unveiled

The share price of Reddit’s cult-favorite stock GameStop Corporation (GME) jumped by one quarter (in after-hours trading following a Wall Street Journal report on its upcoming NFT division. The U.S. retail game store giant has been quietly working on an NFT marketplace since May, and ramped things up in October by listing several job openings for Web 3.0 and NFT-experienced software engineers and product marketers.


Pumpkin ^ac pic.twitter.com/MTCKEYUTtp — Best Friends (@bestfriends) January 3, 2022 Best Friends Society provides a “no-kill” sanctuary for orphaned animals and also prevents cat and dog deaths in shelters across the U.S. through its charity work. Huang revealed that the game project will be launching a DAO that will give its members voting rights on where Nyan Heroes donations will be allocated in the future.
You don’t want your in-game items to be worth $1,000 one day and then $10 dollars the next,” she added.

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cointelegraphTopic 7

Ertha Metaverse Joins Cryowar P2E Arena Brawler

The highly anticipated Ertha Metaverse that has recently launched its own utility token, ERTHA, is partnering with Cryowar play-to-earn arena brawler to open new avenues for playing and earning and to widen the project’s boundaries.

Founder slams mozilla foundation for cryptocurrency

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latestly, he-dose-of-latest-tweet-by-prasar-bharati-news-services-3231105.htmlTopic 6

P2E game Nyan Heroes aims to save 1 billion sheltered cats

Cat themed play-to-earn (P2E) NFT game Nyan Heroes is aiming to save 1 billion cats from euthanization in animal shelters across the U.S. Nyan Heroes is an upcoming NFT battle royal shooter style game built on the Solana blockchain that will enable players to compete with each other using NFTs depicting animated cats that are used to pilot mech-robot NFTs in the game.

Nyan Heroes revealed their first efforts in this area on Dec. 24, when it announced a $250,000 donation from the proceeds of its first NFT drop to the non-profit Best Friends Society.

The Devere CEO added: “By adopting cryptocurrency as legal tender these countries then immediately have a currency that isn’t influenced by market conditions within their own economy, nor directly from just one other country’s economy.” Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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news.bitcoin

El Salvador and the Bitcoin City

El Salvador hit the newsstand as the first nation to adopt Bitcoin as a legal tender alongside the US dollar. They have had quite an interesting journey from then to now as they embrace the currency.
They have promoted efforts to incentivize Salvadorans citizens to use it as a part of their daily life.

The Subscription Mechanism is notably not a guarantee that all subscribers will land their hands on an NFT, it only shows that Binance exchange is willing to give more people the chance to participate fairly rather than rely on luck.

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Blockchain.News

Samsung Debuts New Fan Experience on Decentraland

Samsung Electronics America is really defining the scope of its metaverse ambitions as it has launched a new store dubbed the Samsung 837x on Decentraland, a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

Bitcoin and Ethereum use a mechanism called proof-of-work to power their networks and mint new blocks of each currency. This calculation, by design, has become more complex over the years as the networks grew and gave birth to an industry of firms that run thousands of GPUs around the clock to participate in solving the puzzle.

Bitcoin mining consumes about 148 terawatt-hours of energy annually, the Cambridge Centre for Alternative Finance estimates.

Many cryptocurrency proponents have, however, either disputed such findings or have made a case for why it is worth it.

In recent months, a broader divide has started to emerge in the industry. The critics have challenged some of the fundamental value proposition of web3.

The original Ethereum white paper effectively splits dapps into three types. This uses the network’s distributed computer nodes as a way to facilitate the distribution of this data.

Meanwhile, the second type of app melds money with information located outside the blockchain. Understanding Dapps in Real World ApplicationsFor example, a standard application such as Twitter is run by a centralized authority.

If there is a problem with the Tweets on Twitter, the company that runs the app can delete them. However, if Twitter was a dapp, all of the tweets that have been posted could not be deleted by the dapp’s creators.
Moreover, ApeSwap will soon integrate Autonomy-powered limit orders on its Binance Smart Chain network.

Sorry, but I don’t believe the movement in price after hours has to do with the WSJ posting about the Gamestop NFT market.

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cointelegraph

Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value

Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value Goldman Sachs has predicted that the price of bitcoin could reach $100,000. Furthermore, the Goldman Sachs analyst pointed out that even though the Bitcoin network’s consumption of resources may be an obstacle to institutional adoption, it will not stop the demand for the asset, the note said.

Kevin Helms A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since.

Overview

Mozilla Foundation has been accepting cryptocurrency donations since 2014. In Q4 2021, Mozilla Foundation released a tweet requesting cryptocurrency donations as part of the regular end-of-year donation drive. This sparked a discussion online and internally regarding the environmental impact of cryptocurrencies, whether that fits within Mozilla’s mission and ethos, and the future of cryptocurrency donation at Mozilla. This conversation highlighted Mozilla’s need to assess the environmental impact of its cryptocurrency donations, especially in light of our climate commitments.

On January 6, 2022 Mozilla paused the ability to donate cryptocurrency and announced on Twitter that it will conduct a review and commit to a transparent process with regular updates.

Chinese Crackdown and the Effect on Mining Rig Prices The number of bitcoin miners in Thailand surged in 2021 after China’s ongoing crackdown on bitcoin mining forced major players in the industry to quit or to ship their equipment to countries with friendlier regulations. In the report, Tongtaveenan offers his thoughts as to why his fellow countrymen are investing in the mining rigs.

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Moneygram invests in crypto atm operator, buys 4% stake

One of the major reasons investors keep flocking to crypto is the enormous potential the space has.

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