Chinese government increases focus on “metaverse,” eyes regulations
The Chinese authorities are becoming increasingly interested in the growth of the metaverse space within their country.
Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
Tether’s treasury bills and money market allocation increased significantly by 77.6% and 200%, respectively.
Bored Wukong, a Chinese NFT project that looks awfully reminiscent of mega-popular Bored Apes, called out for plagiarism.
As a programmatic consequence of the Bitcoin network hitting a new all-time-high in total hash rate in the beginning of this year, the Bitcoin mining difficulty was adjusted to a new all-time-high today.
An increasingly common critique of crypto is the notion that Bitcoin mining accelerates climate change. This claim is inaccurate.
China’s state-backed network won’t be compatible with external NFTs.
The ban on Proof-of-Work mining in China helped turn Bitcoin into a more resilient network.