2023 will see the death of play-to-earn gaming
Developers have been focusing more on tokens than on making fun games. As a result, GameFi has been dying.
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Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices
Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently, with electricity costs at $0.07 per kilowatt-hour…
Solana Continues Its Freefall – Will The FUD Ever Stop?
Solana has been on a freefall since the collapse of FTX and has not been able to move upwards because of the FUD (fear, uncertainty and doubt) surrounding the ecosystem and its connections with the former crypto exchange. According to recent news…
A Crypto Holiday Special: Past, Present, And Future With Material Indicators
2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the…
US lawmakers under pressure following FTX collapse: Report
In response to FTX's fall, United States lawmakers are reevaluating the crypto industry's regulatory needs for 2023.
Mark Moss Predicts Regulatory Shakeup and End of Crypto Bull Runs, but Believes Bitcoin Will Endure
Bitcoin stays put with yearly close set to seal 60% YTD BTC price loss
Little fresh BTC price action greets traders in the final hours of 2022, with Bitcoin avoiding any form of last-minute trend change.
China’s Digital Yuan Little Used, Former Central Bank Official Says
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand beyond being…
Winners and losers of 2022: A disastrous year that saw few winners among a sea of losers
2022 was an eventful year for the crypto world but not everyone came on top of it, we look at some of the biggest winners and losers from 2022.
Bitcoin Can Free Puerto Rico
The people of Puerto Rico have been fighting for self sovereignty for decades. Now, Bitcoin can be a critical tool for that goal.This is an opinion editorial by Michael Markle, a member of the San Juan BitDevs meetup. Sources: Puerto Rican flag and…
Insurance Giant Tokio Marine to Offer Its Services in the Metaverse
Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world, will allow its users to review and purchase…
Sam Bankman-Fried to reportedly plead not guilty to criminal charges
Following a court hearing on Dec. 22, SBF was released on bail and is slated to appear on court on Jan.3 before U.S. District Judge Lewis Kaplan in Manhattan.
'Crypto winter' won't end in 2023 — Bitcoin advocate David Marcus
It will be "another tough year" for crypto in the wake of the FTX scandal, suggests the former Meta executive turned Bitcoin Lightning Network advocate.
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and plans to invite banks and fintech…
BMW Partners With Coinweb to Develop Blockchain-Based Vehicle Financing Automation and Loyalty Program in Thailand
BMW, the luxury car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations. The company will develop blockchain-based automation for vehicle financing…
Is Polkadot (DOT) A Must-Have For Your 2023 Portfolio?
The year 2023 is said to be huge for Polkadot (DOT) as it is one of the cryptocurrencies to watch out for. Many crypto experts are very optimistic about Polkadot, and they’re saying that traders should keep an eye on the coin because its…
Proof of reserves is becoming more effective, but not all its challenges are technical
PoR is benefitting from intense development efforts, but in the final analysis good conduct requires good regulation and a culture of compliance.
Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products
Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services…
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets “for…
New research indicates boomers make better crypto investors
Boomers do significantly more research before investing in cryptocurrency than their younger counterparts, which puts them in a stronger position.
Valkyrie Wants To Take Up The Reins Of Grayscale’s Bitcoin Trust
Valkyrie Investments has laid out a proposal to become the new sponsor and manager of Grayscale’s troubled bitcoin trust (GBTC) and fix its large discount.Valkyrie Investments has laid out a proposal to take up the reins of troubled bitcoin trust…
Bitcoin Investor Sentiment Remains Steady As BTC Stalls At $16,000
Bitcoin investor sentiment has reached a standstill amid struggling prices in the market. While the digital asset continues to hold the $16,000 level, investors have backed off from the market, ensuring no significant movements either up or down…
Bitcoin Price Remains Stagnated, How Soon Can You Expect A Rebound?
It has been a rough year for Bitcoin and most major altcoins. Over the last 24 hours, Bitcoin lost 1% of its value, which points towards consolidated price action. BTC has not made much progress over the past week either, as the coin only lost 1.6%…
Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest
After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate Tiffany Fong, and also the “Big Short” author Michael Lewis…
Sam Bankman-Fried denies moving funds from Alameda wallets
The former FTX CEO denied moving the funds saying; "I'm not and couldn't be moving any of those funds; I don't have access to them anymore.”
Bithumb’s largest shareholder executive found dead following allegations of embezzlement
Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation.
Polygon (MATIC) Depicts Further Downtrend, This Could Be The Next Support Level
The Polygon (MATIC) price has been on a downward spiral for the last couple of weeks. Over the last 24 hours, MATIC lost 4% of its value. The altcoin has also lost about 6% in the last week. Earlier in November, MATIC touched the $1.20 price mark…
Ethereum founder says he hopes Solana gets a 'chance to thrive'
Vitalik Buterin says that “smart people” have told him Solana has an “earnest” developer community.
‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ
DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined
The last week of 2022 didn't turn out to be a good one as the industry recorded multiple exploits and an exit scam scare.