Crypto News Cast 📮 31-10-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2594 B
📊24h Mcap %: 23.43%
⚠️Bitcoin Dom: 44.10%
📌Active Coins: 6461
📍24h Vol %: 21.38%
💲24h Vol: $146 B
Crypto News Updates :
- Ubisoft Looks To Make Investments In And Create Blockchain Games
- Recent Data Shows Major BTC Miners and Whales Are Increasing Their Holdings
- Kazakhstan To Record At Least $1.5B In Revenue From Crypto Mining
- Ardana, Cardano-based DeFi Protocol Raises $10Million From Three Arrows Capital
- Facebook Sees The Growing Metaverse, Changes Its Company Name To Meta
- Hive Blockchain Concludes The Purchase Order For 6,500 Bitcoin Miners From Canaan
- Apple Co-founder, Steve Wozniak Describes Bitcoin As Mathematically Pure
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– Ubisoft Looks To Make Investments In And Create Blockchain Games
Ubisoft is one of the world’s largest video game companies and it’s responsible for creating popular franchise games like the Assassin’s Creed, Far Cry and For Honor, hosted its Q2 earnings call this week, discussing blockchain was a key topic. Notably, the French firm’s CEO, Yves Guillemot reveals intentions and preparations for investment in and adoption of blockchain-centric gaming companies on the platform.Read Full on cointelegraph.
– Recent Data Shows Major BTC Miners and Whales Are Increasing Their Holdings
Crypto exchange Kraken formerly suggests that mining operators and long-term holders are significantly helping Bitcoin (BTC) surge this month, according to the latest report published by the firm’s intelligence branch. The intelligence report, named “Shocktober,” shows several data showing that the market is expecting a positive turnout, as the ongoing holdings accumulation by the major Bitcoin miners and whales continues surprising the crypto market.Read Full on Finbold.
– Kazakhstan To Record At Least $1.5B In Revenue From Crypto Mining
Reports from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, predicts cryptocurrency mining bringing $1.5 billion in revenue for the country over the next five years, Kazakhstan now ranks No. 2 in the world in terms of Bitcoin mining hash rate. In Kazakhstan, corporate digital currency mining activities generate about 98 billion tenge ($230 million) per year according to Alan Dordzhiev, the president of the NABDC.Read Full on cointelegraph.
– Ardana, Cardano-based DeFi Protocol Raises $10Million From Three Arrows Capital
Ardana is a decentralized finance (DeFi) protocol built on the Cardano blockchain, and has raised $10M in strategic funding while three Arrows Capital and Ascensive Assets co-led the round, with cFund, Morningstar Ventures, Mechanism Capital, Kronos Research, FMFW, MGNR, Selini Capital, Skynet Trading, and Portico Ventures also participating. Ardana CEO Ryan Matovu notes the funding was safe through a Simple Agreement for Future Tokens (SAFT) sale. Read Full on theblockcrypto.
– Facebook Sees The Growing Metaverse, Changes Its Company Name To Meta
Facebook considers the growing metaverse as the future of its business and as such announces the company name change to Meta, according to Facebook (now Meta) CEO Mark Zuckerberg announcement during the streaming keynote for its annual Facebook Connect event. So, Meta will become the name for the Parent Company, then some of its individual apps and services like Facebook and WhatsApp will maintain their current branding under the Meta umbrella. Read Full on Decrypt.
– Hive Blockchain Concludes The Purchase Order For 6,500 Bitcoin Miners From Canaan
An announcement by the Nasdaq-listed Hive Blockchain (Nasdaq:HIVE) and Canaan (Nasdaq: CAN) shows the Hive securing a follow-on purchase order for the shipment of the 6,500 mining rigs manufactured by Canaan; it will be shipped in three tranches. 3,000 miners will be delivered in December 2021 then 3,100 miners in January 2022, with an additional 400 Avalon miners by February 2022. Already, Hive has 10,400 miners from Canaan in January and August 2021. Read Full on Bitcoin News.
– Apple Co-founder, Steve Wozniak Describes Bitcoin As Mathematically Pure
According to Apple co-founder and ‘Unicorn Hunters’ Circle of Money Investor, Steve Wozniak while speaking in an interview with Yahoo Finance on October 29 says that Bitcoin is mathematical purity and impossible to be copied. Wozniak goes on to make comparison with the U.S Dollars while speaking to Brian Sozzi and Julie Hyman, saying the government can just create new dollars and borrow, which is not the case with bitcoin. Read Full on Bitcoin Magazine.