2021-12-08

Daily Digest – December 8th

• Visa to support clients through crypto advisory services.

• Regulation Update: Central banks to fight DeFi, Australia proposes new laws, India to ban crypto payments, Biden’s nominee withdraws.

• Ubisoft prepares to launch Quartz, an energy-efficient NFT platform.

• Meta comes under scrutiny, watch dogs urge halting the ‘Novi’ project.

• Cryptocurrency trading floor included in pitch for New York City casino.

Bitcoin Hashrate Hits New All-Time High as BTC Recovers: More Gains Ahead?

In July, the Bitcoin hashrate suffered its biggest percentile decrease in the network’s history after China (which once accounted for 75% of Bitcoin’s hashrate) told banks to stop facilitating cryptocurrency transactions and issued bans on mining.China’s crackdown on crypto mining sparked The Great Mining Migration, which saw mining firms move their operations to more favorable regions. Since the ban, Bitcoin has hit multiple all-time highs, seen more adoption from institutional investors, and even gained legal tender status...

​​Decentralized Blockchain Voting Program Released for Longevity Projects

The Longevity Science Foundation is a Swiss non-profit organization devoted to improving the human lifespan by funding research and development. The foundation announced it will use blockchain for its funding processes. The Longevity Science Foundation has created LSF Points (non-monetary tokens) to distribute tokens among donors enabling them to vote on the projects for further funding...

Developers of Axie Infinity Reduce Breeding Costs in AXS… But Increase in SLP. Why?

Breeding is a gameplay mechanic through which players can create new gaming characters from Axies they already own.

The Spanish Zara Launches Its First Collection In The Metaverse

Zara, the Spanish global fashion giant, launched its first collection of designs for humans and avatars, it announced Tuesday. The physical and virtual models can be purchased at the chain’s stores anywhere in the world.Through its Twitter account, Zara reported that the designs for its new collection have been made in collaboration with Ader Error, one of the largest clothing brands in South Korea...

We chat to Carnomaly, a new project utilising blockchain technology and cryptocurrency to benefit every car owner and potential car owner out there. The new service will assist in finding auto loans, selling your car and more, with all the perks of blockchain solutions. 

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,Tadas