2022-01-25

Catch up on today's crypto news!đź“°

January 25, 2022

Daily Digest – January 25th

  • Wall Street experiences worst Losses since 2020, Biden preparing executive order, Indonesia bans firms from facilitating crypto trades.

  • Research driven approach gives Cardano edge over Ethereum – Kraken.

  • Bithumb to suspend crypto withdrawals to unverified private wallets.

  • Meta unveils new giant AI supercomputer to power the metaverse.

The Shiberse is Coming! Shiba Inu Announces Entrance into the Metaverse

Since October, when Meta (previously facebook) made its metaverse reveal, droves of megacorporations have placed their stakes and carved out their place in the digital world of the metaverse.Joining the ever-growing number of projects making the jump into the virtual world, popular meme coin Shiba Inu has announced its plans to launch the Shiberse in 2022...

Russian Personalities Warn About the Consequences of Banning Bitcoin

Telegram CEO and founder Pavel Durov has joined the chorus of critics of the Central Bank of Russia’s proposed move to ban Bitcoin and the mining and trading of cryptocurrencies in the country.In a message posted on Telegram, Durov remarked that any restrictions put in place over the crypto industry would only encourage IT specialists to send their cryptocurrencies out of the country, “destroying a whole range of high-tech economies.”...

Ethereum Foundation Has Phased out the ETH 2.0 Monicker, Clarifies Its RoadmapSince the Beacon Chain was introduced in December 2020, introducing Ethereum to the proof-of-stake (PoS) consensus algorithm, ETH 2.0 has been the most used term in the community.

As the Real World Blends with the Metaverse, Meta Builds the World’s Fastest AI Supercomputer

Meta has designed and built the Research SuperCluster (RSC), a supercomputer that the company describes as one of the “fastest AI computers running today.” The full version of the supercomputer should launch in mid-2022.One of the reasons given for why such a supercomputer is needed in today’s world is, of course, the emergence of the metaverse, as virtual and augmented realities require significant computing power...

    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