Month: October 2021

In the first few days of trade, the Squid Game cryptocurrency skyrockets in value. If you're a lover of the popular Korean Netflix program Squid Game, there is a cryptocurrency for it.Squid GameGamers have developed an online version of the game, which requires the Squid cryptocurrency.It was valued less than a penny on Tuesday, but by Friday, it had soared in value, reaching $4.39 (£3.18).However, Squid has been chastised for prohibiting investors from reselling their tokens.The dystopian series, which follows a group of individuals who are forced to play lethal children's games for money, has gone viral.Squid is a so-called "play-to-earn" cryptocurrency, in which users purchase tokens to use in online games where they may earn more tokens. These may then be converted to other cr...

Polka DotWhile the timetable is subject to minor adjustments, the first auction is scheduled to begin Nov. 11.The highly anticipated parachain auction process will begin next month, in which projects will compete for place on the Polkadot cryptocurrency network.The Polkadot Council anticipates beginning the first auction on November 11. Minutes ago, a suggestion was made to the governance forum.In retrospect, the parachain auction process was critical to realising Ethereum co-founder Gavin Wood's vision of a connected blockchain architecture. (Parachains have been operating effectively on Polkadot's existing "canary" network, Kusama, with 11 parachain slot auctions occurring since Statemine launched on June 3.)"Nearly five years after the Polkadot [white paper] origina...

The United States Assumes the Crown Following China's Crackdown on Bitcoin MiningAccording to the Cambridge Centre for Alternative Finance, China's investment has practically ceased.The United States has surpassed China as the global leader in bitcoin mining, according to the Cambridge Centre for Alternative Finance (CCAF).The US accounted for 35.4 percent of worldwide hashrate – the total processing power used to mine bitcoin – at the end of August, more than tripling its share from 16.8 percent in April.Kazakhstan and Russia were in second and third position, respectively, with 18.1 and 11%, up from 8.2 and 6.8% in April, according to the Cambridge Judge Business School's CCAF.China's stake has "essentially vanished," the CCAF reports, as a result of the country's government...

Simón Bolvar AirportSimón Bolvar International Airport (CCS), or Maiquetia as it is more often known in Venezuela, is allegedly in the midst of introducing a cryptocurrency payment system.According to regional news organisation El Siglo, the airport is now upgrading its payment systems to take cryptocurrencies such as dash, bitcoin, and the country's oil-pegged digital currency petro.Purchases of plane tickets and other airport-related services may be made using the digital assets.The airport's management will adopt alternate payment options in collaboration with Venezuela's National Supervisory Authority for Crypto Assets and Related Activities (Sunacrip).According to the news agency, Freddy Borges, director of Maiquetia airport, said, "To be accessible, we must progr...

Shiba InuShiba Crypto: Numerous Twitter users pointed out that the coin's decimal was missing a zero. Despite the rise to 0.00001090 cents, the value of the currency remains less than a penny. According to Coinbase.com, the value of the Shiba Inu money has increased by almost 8,000 percent in the last year.Retail traders have been attracted to altcoins like dogecoin and Shiba Inu because of their dramatic price fluctuations, which often result in massive profits when compared to more established currencies like ether and bitcoin. According to a previous Insider story, the phony coin accumulated a $9 million fortune for a New York family.Elon Musk TweetLate Sunday, the value of the Shiba Inu dogecoin surged by 30% when Tesla CEO Elon Musk posted another photo of his pooch.M...