May 2, 2022

Wikimedia Foundation Has Suspended Crypto Donation on its Platforms

Wikimedia Foundation Has Suspended Crypto Donation on its Platforms

The Wikimedia Foundation has announced that it is going to suspend cryptocurrency donations across its wide range of platforms. The move became necessary based on requests from its community of donors as detailed in an announcement shared by the Foundation. The Wikimedia Foundation is an umbrella body for a group of platforms that adhere to the Wiki […]

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Chip supply issues are still giving some of world’s biggest companies a major headache

Chip supply issues are still giving some of world’s biggest companies a major headache

KEY POINTS Apple CFO Luca Maestri said supply constraints related to Covid-19 could hurt sales by between $4 billion and $8 billion. Nokia CEO Pekka Lundmark said that the Finnish telco would have grown faster in the last quarter had it not been for supply chain issues. The lockdowns in China are adding to short-term

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XRP price rebounds after worst month since June 2021 — major recovery ahead?

XRP price rebounds after worst month since June 2021 — major recovery ahead?

The bounce-back move has occurred near a technical support confluence, raising XRP’s possibility to rise 30% in Q2/2022. Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks.

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BITFARMS MINED 405 BITCOIN IN APRIL, NOW HOLDS 5,646 BTC

BITFARMS MINED 405 BITCOIN IN APRIL, NOW HOLDS 5,646 BTC

Bitfarms released a bitcoin mining update detailing a 75% YoY increase in production and the custodying of 99% of total mined BTC in April. Bitfarms, a publicly traded bitcoin mining company, released bitcoin production results and a mining operations update for April 2022. The total revenue reached 405 BTC for the month, netting a total

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ApeCoin Drops, Ether Trades Flat Despite Record 0M Gas Burn

ApeCoin Drops, Ether Trades Flat Despite Record $200M Gas Burn

Over 71,000 ether were burned on Sunday amid demand for a new NFT project. But that did little to affect ether prices as the broader market traded flat. ApeCoin (APE) prices slid as much as 11% on Monday in an otherwise flat crypto market after a much-awaited non-fungible token (NFT) project was sold for APE over the

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Crypto ATM Installation On The Decline Since January

Crypto ATM Installation On The Decline Since January

The monthly number of crypto ATMs that were freshly deployed worldwide has decreased for the sixth time in a row. Source: Coin ATM Radar. 2021 was the strongest year for Crypto ATMs Data provided by Coin ATM Radar shows that the number of crypto ATM installations steadily increased throughout the first half of 2021 and reached a

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Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem

Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem

Shark Tank star Mark Cuban has come up with a way to solve Twitter’s spam problem using the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk agrees that it is “not a bad idea.” Twitter recently accepted Musk’s buyout offer. Elon Musk Optimistic About Mark Cuban’s Dogecoin Idea Tesla CEO Elon Musk has

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