Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ
At close of G-20 summit, he said Russia, China and Saudi Arabia have not done enough.
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ROME — It could have been worse. Leaders from the G-20 didn’t shred their climate commitments, they made a vague promise to “boost the supply of vaccines and essential medical products” to developing countries, and they locked-in a global corporate minimum tax rate of 15 percent that — if implemented as planned in 2023 — could force significant change to the tax practices of the world’s largest companies. That’s where the good news ends. While the summit communique — 17 pages long and covering more than 60 topics — is step-up…
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87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that on October 31, 2021, otherwise known as Halloween, 702,886 ethereum (ETH) has been burned. The burning of ethereum started on August 5, 2021, when the Ethereum network successfully implemented the London hard fork upgrade and EIP-1559. At the time, the London hard fork upgrade…
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PRESS RELEASE. Singapore-based Enjinstarter (EJS) has completed its Token Generation Exercise (TGE), raising a total of $500,000 via a collaborative fund raising effort over 4 launchpads namely Genesis Shards, Chainboost, Starter.xyz and Enjinstarter’s own launchpad. This followed a highly-successful, oversubscribed private sale that raised $5 Million from prominent Crypto VCs and highly influential angel investors from the Blockchain and Digital Assets industry. According to Enjinstarter CEO, Prakash Somosundram, “Enjinstarter’s native token (EJS) presents an exciting opportunity for token holders who want to ride the massive trend of Blockchain Gaming and…
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All around the world cryptocurrency supporters and proponents of blockchain technology are celebrating the 13th anniversary of the Bitcoin white paper. The summary of the inventor’s creation was published on metzdowd.com’s Cryptography Mailing List on Halloween 2008, as it gave birth to an asset with a market valuation of over $1 trillion and sparked the creation of over 10,000+ cryptocurrencies that followed Satoshi Nakamoto’s innovative design. Introducing the Proof-of-Work Chain: A Solution to the Byzantine Generals Problem 13 years ago at approximately 2:10 p.m. (EDT), Satoshi Nakamoto published the Bitcoin…
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2021 has been the year of decentralized finance (defi), non-fungible tokens (NFTs), and meme tokens as well. During the first week of August, roughly 30 dogecoin-like crypto assets existed and today, there are now 45 tokens with the terms “dog,” “shiba,” and “inu” in their names. Many of these coins have seen astronomical gains this year, outperforming some of the most sophisticated blockchain assets. Who Let the Dogs Out? Doge-Like Meme Tokens Are No Joke When it Comes to Market Gains Digital meme-based currencies have done extremely well this year…
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The same week British Prime Minister Boris Johnson was admitted to intensive care for Covid-19, two studies came out identifying obesity as a significant risk factor for serious illness and death. It was April 2020, and doctors were scrambling to understand why coronavirus gave some people mild symptoms and left others so sick they were gasping for air. After Johnson recovered, he became vocal about the role he believed his obesity had played in his brush with the virus: “When I went into ICU, when I was really ill ……
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The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access to Crypto Data for Anti-Corruption Checks in Russia Russia’s main law enforcement agency, the Federal Security Service (FSB), has decided to grant its employees additional powers to acquire information from various organizations and institutions as part of efforts to combat corruption. A draft order has been published for…
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OVR AR Metaverse goes to a whole other level. Italian company OVR is announcing today the creation of the so-called OVR Land Map. OVR Land Mapping: the metaverse to another level Thanks to the powers of AI, in fact, OVR is able to generate a 3D map of the physical world starting from simple pictures, no lidar or other expensive HW needed, just the smartphone in your pocket. All of the OVR users will be able to contribute to creating the biggest detailed 3D map of the real world. This…
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Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue by 15x in the last six months, a testament to the impact it has caused on the ecosystem. Alchemy Reaches $3.5 Billion Valuation Alchemy, a web3 and blockchain infrastructure provider, has reached a milestone by raising $250 million…
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