Report: South African startup Moment is looking to boost electricity generation using a blockchain-based solution
Using a solution based on blockchain technology, the recently launched Sun Cash initiative, through a South African startup called Moment, aims to eliminate or reduce the country’s electricity generation challenges. Then they have to be presented conveniently. For around $9, investors can purchase NFT tokens purportedly linked to solar cells, which are then leased to institutions such as schools and hospitals. Of course we are a technology company that we plan to build for 15 years but we felt They say that we cannot develop technology in a country where electricity does not exist.
Kevin O’Leary Warns US Crypto Regulation to be ‘Too Aggressive’ – ‘You Have to Stay Out of the SEC’s Way’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, warns that the United States is taking a very aggressive approach to cryptocurrency regulation. Noting that now regulators are “implementing the regulation process through enforcement, fines and large scale fines”. Mr. Wonderful stresses the importance of staying out of the way of Securities and Exchange Commission Chairman Gary Gensler and other regulations, and that venture funding is dead for the latest cryptocurrency projects and that aftermarket trading is the reason for huge discounts for existing projects. . Certainly the regulator is now regulating by penalties and massive fines and that kind of environment is becoming very aggressive and according to Mr. Wonderful the regulations are being applauded by senators and congressmen and women. He says you have to get on board with regulation and keep the chairman of the Securities and Exchange Commission and the regulators out of the way.
Binance Increases USDC Holdings as BUSD’s Market Cap Declines
Eight days ago, Paxos announced that the company would definitely no longer mine the stablecoin BUSD, and since then the coin’s market capitalization has been declining because redemptions have become too high. Meanwhile, a data researcher at Nansen reported that the largest cryptocurrency exchange Binance by trading volume has increased its USD coin holdings by $1.5 billion in the last 7 days.
Most retail crypto investors lost money in last 7 years, according to BIS analysis
If we look at the Bank for International Settlements data published in the latest BIS Bulletin No. 69, we find that according to the researchers’ data, on an average, in the last 7 years, most of the users have lost money on their investments. Have given. According to BIS researchers, onchain data collected and metrics of exchanges and cryptocurrency application downloads show that most average retail crypto investors lost money from August 2015 to the end of 2022.
Despite criticism from bitcoin extremists, original bitcoin magician raises nearly $150,000 in BTC via Lightning
On Monday, Udi Wertheimer, a cryptocurrency proponent, shared a story on Twitter detailing how he and Taproot Wizards aged an artist who raised nearly $150,000 in bitcoin for the original 2013 bitcoin wizards meme. Certainly the mining and sale was successful and, moreover, Wertheimer explains that bitcoin extremists and r/bitcoin moderator Bashko disliked it.
Biggest Movers: BCH Hits Fresh Multi-Month High While MATIC Extends Decline
Bitcoin Cash surged to a 7-month high on Tuesday as a rapid price movement amid bearish conditions reflects today’s move as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. And if we talk about it, one of the most notable coins to fall has been Polygon, which is down for the fourth day in a row.
Bitcoin network difficulty expected to see biggest increase of year amid higher hashrate, shorter block times
After a small decrease of 0.49% on February 12, 2023, Bitcoin network difficulty has definitely been seen on an interval of growth, like the 3 days on February 24, and it can be expected that the rate will peak on January 15. The altitude was accomplished at 772,128.
OneCoin Cryptocurrency Died in Greece in 2018, Report Claims
A year after crypto pyramid OneCoin founder Ruja Ignatova was reported missing, it appears definitively that she may have been murdered in Greece, and according to an article a police informant reported to the member, “the missing crypto ” was killed on a yacht in the Ionian Sea more than 4 years ago.
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Tuesday After Hitting an 8-Month High
If we look at Tuesday’s data, it shows that bitcoin retreated from earlier highs as sentiment changed after months of highs and prices reached their highest point since last August. Before that there was a red wave running in the market and Ethereum has also come down below $1700.
Edogawa Ward in Tokyo Will Use Metaverse Tech to Solve the ‘Hikikomori’ Problem
The Edogawa Ward in Tokyo has come to a conclusion using Metaverse technology and come up with a plan to help end the disease known as “hikikomori” in which a person necessarily socially isolates himself and most remains separate. The definite objective of this initiative will again be to welcome the latest initiative and at the same time bring togetherness in the society. Ward will host a series of hybrid (virtual and in-person) meetings this year that aim to bring together people facing social issues as well as age with them.
Tech Giant Globant Believes 2023 Will Be a Make or Break Moment for the Metaverse
Argentinian-Luxembourg-based tech giant Globant points to the future in its latest tech trends report, and also mentions the short-term future called the Metaverse. This is definitely the year the metaverse will “shine or burn,” according to the company, as it needs to show its potential in comparison to other technologies such as artificial intelligence.
Chainalysis: Crypto Scam Revenue Dropped 46% in 2022
Figures from blockchain data analytics firm Chainalysis show that in 2022, the revenue generated from cryptocurrency scamming fell by 46%. Looking at the market situation, the firm says that “they attribute most of this decline to the market situation as the scam’s performance worsens when cryptocurrency prices fall”. Revenue from crypto scams was projected to drop from $10.9 billion to just $5.9 billion in 2022.