Bitcoin Mining Company SBI Terminate Russia Mining Operation – 40% Hashrate Lost
SBI continues to operate some mining activities in Russia, despite having ended all mining operations in Siberia, Russia’s most-mineralized region.
Smart Money Locked in Decentralised Finance Loses Nearly $6 Billion in 5 Days – DeFi
Over the five days to August 14, 2022, the total value locked (TVL), in decentralized finance (defi), has fallen 8.53%. The TVL at the time was $67.87 Billion. Today, it is $62.08 Billion.
Texas Bitcoin Miners Get Paid ‘Power Credits’ to Shut Down Temporarily, Why?
Riot Blockchain recently reported that it earned $9.5 million in “power credits” last July by shutting down its machines during times of high electricity demand.
Gnosis to Launch DAO With 50 Million Safe Token Airdrop
Minimum 400 SAFE tokens are sent to 21935 addresses.
a16z Back Ex WeWork CEO With $350 Million For New Digital Crypto Wallet
After a $350m investment by a16z in Adam Neumann’s latest venture Flow, the plan to launch a digital wallet has been confirmed.
Spain and France Get Access to Horizon Worlds Metaverse App Launched by Meta (Facebook)
Meta, a social network company has extended Horizon Worlds’ services to Spain and France.
Criminal Code – Dutch Authorities Speak out About Tornado Cash
DeFi Education Fund stated that it is still waiting to see the charges against the developer.
Two Top Meme Coins Rally Over The Week – Shiba Inu and Dogecoin
Despite the losses suffered by Shiba Inu and Dogecoin in the past 24hrs, both meme coins still have solid gains over this week.
Even Though The NFT Market is Down a Rare Gold Ape Sells for $1.5 Million – 777 ETH
Vis.eth, a die hard Bored Ape collector, spent 777ETH ($1.5m) on Tuesday on a Bored Ape NFT.
Venture Firm Shima Capital Launches With $200 Million Fund For Web3
Shima Capital was established in 2021 and focuses on decentralized social media, DAOs (DeFi), metaverse, zero-knowledgeproofs, layer-1 solutions, and decentralized social media.
