The meta-universe so far resembles marketing hype

Tesla CEO Elon Musk has expressed his opinion that the meta-universe is more of a buzzword in marketing than a practical concept, Business Insider writes. He made the remark on Twitter in response to David Letterman’s TikTok video, in which…

Lido has integrated pricing data from Chainlink

Steaking service Lido has added support for Chainlink Price Feed for stETH token to facilitate the use of the asset in other DeFi-protocols. “With the price feed for the stETH/USD pair in the Ethereum mainnet, DeFi-projects can now link to…

Mining in Russia: power engineers called for higher tariffs

Mining in Russia: power engineers proposed to introduce higher tariffs for volumes “in excess of reasonable for household consumption,” writes Kommersant. In their opinion, low tariffs for the population benefit from crypto-farms in residential buildings. Industry experts link the growth…

Ray Dalio called bitcoin “gold for the young”

The first cryptocurrency actually acts as an alternative to gold for the younger generation. The blockchain revolution is inevitable, but some governments may outlaw it, billionaire Ray Dalio said. In an interview with MarketWatch, the founder of Bridgewater Associates urged…

Dogecoin gained more than 30% after Musk’s tweet

Dogecoin went up more than 30% after Elon Musk promised to release products with Tesla logo that can be purchased for this cryptocurrency. Tesla had previously allowed payment in bitcoins, but soon abandoned the idea The price of Dogecoin rose…

Tether (USDT) accused of “illegal and deceptive” practices

Investors have filed a class action lawsuit against stabelcoin issuer Tether (USDT). They accused the company of “immoral, unethical, discriminatory and unfair” practices. Plaintiffs Matthew Anderson and Shawn Dolifka challenged Tether’s claims that USDT is fully asset-backed. According to them,…

Bitcoin miner’s shortage due to supply crisis

Global logistics crisis hits bitcoin miners supply. North American-based mining companies, including BitFarms, Riot Blockchain and Marathon Digital, have had problems receiving ordered equipment due to global logistics glitches. This was reported by The Block. Early last month, Texas-based Riot…