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Anthony Hopkins is Launching an NFT Collection To Celebrate His Career
On August 17, Orange Comet, an art+entertainment company focusing on NFT minting and promotion services, announced its partnership with the renowned Hollywood actor, Sir Anthony Hopkins, to launch his first NFT…
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South African Reserve Bank encourages friendly behavior with crypto
The Prudential Authority of the Reserve Bank of South Africa sent out guidelines to its subsidiaries in an effort to prevent illicit activities, encouraging banks not to cut all ties with cryptocurrency. It suggested that such an act…
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Options data shows Bitcoin’s short-term uptrend is at risk if BTC falls below $23K
Bitcoin (BTC) briefly broke above $25,000 on Aug. 15, but the excitement lasted less than an hour and was followed by a 5% retrace in the next five hours. The resistance level proved to be tougher than expected but may have given bulls…
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Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder…
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63% from 28.17 trillion to 28.35…
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Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds – Mining…
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market…
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Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
According to local news outlet LaPresse on Wednesday, the Caisse de dépôt et placement du Québec (CDPQ), an institutional investor chartered with managing retirement assets in Canada's predominantly French-speaking province of Quebec,…
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Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16
In this week’s newsletter, read about how Justin Bieber, along with other celebrities, was called out to disclose their connections to nonfungible token (NFT) firms. Check out the market performance of blue chip NFTs and how NFT games…
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Colombia planning to launch Digital Currency to curb tax evasion
The government of Colombia has revealed that it is planning to launch a digital currency to curb tax evasion and enhance the traceability of citizens’ transactions
The plan for the digital currency was revealed through a statement…
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Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated…
On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, the company’s attorney detailed…
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Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors – Mining…
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and…
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