Posts published on January 3, 2023 go to media archive 2/3

Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4%…

Fedi Launches Hackathon Celebrating Bitcoin’s 14th Birthday With 2.5 BTC Prize

Fedi is teaming up with Epoch to reward 2.54 bitcoin in a hackathon that aims to boost its Fedimint-based community custody and privacy platform.Technology company Fedi is launching a Bitcoin hackathon that will pay out 2.1 BTC to the winner in…

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In…

2022 Paved The Way For National Bitcoin Adoption, And 2023 Will Be Even Bigger

In 2022, nation state Bitcoin adoption accelerated, setting the stage for even more progress this year.This is an opinion editorial by Samson Mow, CEO of JAN3 and former CSO of Blockstream.Approximately one year ago, I had the opportunity to speak…

Report: Syrian Central Bank Devalues Local Currency by Nearly 50%

The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from 3,015 per dollar to 4,522 per dollar. The central bank also warned currency speculators that it will take…

Solana Up 13% Since Yesterday, A Sign Of Brighter Things to Come?

The touted “Ethereum killer” Solana has been on the down-low since its association with the collapsed exchange FTX. However, it seems as though 2023 has new plans for the struggling ecosystem with its native token SOL up by 13% based on CoinGecko…

Car Manufacturer Maruti Suzuki Launches Metaverse Showroom Experience in India

Maruti Suzuki, one of the biggest car manufacturers in India, has announced that it is taking its customer retail experience to the metaverse. The company announced on Jan. 1, it would launch a VR (virtual reality) network for its Arena showroom…