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Canada’s Indigenous Tribe to Mine Bitcoin Using Hydro Power
Canada’s Indigenous Tribe to Mine Bitcoin Using Hydro Power

The Mohawk Council of Kahnawake (MCK) and Kahnawake Blockchain Technologies are to apply for more energy to Hydro Quebec. MCK also partners with Pow.re to mine cryptocurrency. Kahnawake would obtain a percentage of the Bitcoin mined. Quebec’s governing body Mohawk Council of Kahnawake (MCK), which members created the new fintech Kahnawake Blockchain Technologies, permitted the fintech firm to apply for more electricity in Hydro Quebec. The energy will be used to power the community’s cryptocurrency mining operations. According to the published article of Local Journalism Initiative Reporter Marcus Bankuti, the idea was suggested by the company Pow.re, which offers a

alpha season 3
The Sandbox to Launch Alpha Season 3 on August 24

The Sandbox is launching Alpha Season 3 on August 24. Alpha Season 3 is open to all who wish to experience The Sandbox metaverse. Users who got an Alpha Pass, complete a level, or own LAND, Avatars, or NFTs will be rewarded with SAND. The Sandbox, a leading metaverse experience in Ethereum blockchain, announced that the virtual world is launching their next big event in its metaverse space — The Sandbox Alpha Season 3.  In a tweet, Animoca Brands’ co-founder and executive chairman Yat Siu showed how excited he was with the upcoming Alpha Season 3. In fact, he considered

Ethereum’s-‘The-Merge’-Will-Not-Change-Price-of-Gas-Fees
Ethereum’s The Merge Will Not Change Price of Gas Fees

Ethereum’s upcoming ‘merge’ will not reduce the gas fees. The ‘merge’ is also expected to get rid of the need for energy-intensive mining. The upgrade is expected to be live before September 19. The Ethereum Foundation, a non-profit organization supporting Ethereum and related technologies, clarified on August 17 that the anticipated ‘The Merge’ will not “change any parameters that directly influence network capacity or throughput.” Implying that the gas fees will be high when more people are using the blockchain. And, gas fees will only decrease when less people use it. Furthermore, the non-profit organization also disclosed that ‘The Merge’

Sportswear-Giant-Puma-Rewards-NFT-Holders-With-PUMA-Nitro-Tokens
Sportswear Giant Puma Rewards NFT Holders With PUMA Nitro Tokens

Puma announces the launch of its official discord channel. In celebration for its launch, holders of Catblox x PUMA Capsule NFTs will be rewarded with PUMA Nitro tokens. Holders will be able to claim the reward on August 21. Puma, a German multinational designer and manufacturing company, launches a discord channel for its Web3 community. In a tweet, the sports brand disclosed that all of the brand’s NFT launch, future innovation, and design for its metaverse will be announced first hand at this channel. Upon launching its discord channel, Puma with the help of CatBlox Studios revealed that CatBlox x

Will-ADA-Continue-to-Rally-Due-to-Positive-Sentiment
Will ADA Continue to Rally Due to Positive Sentiment?

On-chain tracker Santiment revealed that ADA is at its highest sentiment since April. Adding that the coin has not been profitable since the last week of March. At the time of press, the price of ADA is at $0.565 as per CoinMarketCap. Cardano is looking at the highest positive sentiment since April, with the highest profit taking of its profit/loss ratio since the cryptocurrency was sitting at a $1 level in March.  According to the data from on-chain and social metrics tracker Santiment, the sentiment of ADA is fairly positive at the time being, with its price reaching a 22%

Terra’s-CEO-Do-Kwon-Now-Accepts-Interview-Since-Terra-Luna’s-Collapse
Terra’s CEO Do Kwon Now Accepts Interview Since Terra Luna’s Collapse

Do Kwon accepted to be interviewed in Singapore by crypto media Coinage. This is the first time Kwon accepted an interview since Terra’s crash. “I alone am responsible,” Kwon pointed out in the interview. Terraform Labs CEO and founder Do Kwon was seen in an interview three months after Luna and UST’s unforgettable crash, where many people lost their life savings and trust in crypto’s stablecoins.  In an interview with Zack Guzman on the NFTV series Coinage broadcasted on Monday, Kwon said “I’ve never thought about what could happen to me if this fails.” Terra’s CEO refers to Luna’s price

Bitcoin Hits 25K, Can Soar to 28K, Analyst Says
Bitcoin Hits 25K, Can Soar to 28K, Analyst Says

Bitcoin hits $25,000 level for the first time in nine weeks. The largest cryptocurrency retested $25k thrice before staying at 24k level. Yesterday’s increase has received mixed comments from financial analysts. On late Saturday, Bitcoin hit the $25,000 level for the first time since June 13. The largest cryptocurrency by market capitalization retested the $25,000 resistance level three times after drawing back to $24,000 level. This means that $25,000 is the new key resistance level for BTC. Even though Bitcoin has slowly walked up from the 20,000 level to 24,000, the largest cryptocurrency is still down 64% from its November

Ethereum’s-Goerli-Testnet-Transitions-to-Proof-of-Stake-(PoS)
Ethereum’s Goerli Testnet Transitions to Proof-of-Stake (PoS)

Goerli testnet successfully merges to proof-of-stake (PoS). Ethereum’s upgrade has caused the price of ETH to break the $1,800 level. The price of ETH is at $1,894.07 at the time of publication. Goerli, Ethereum’s largest testnet, successfully completed the move to a Proof-of-Stake (PoS) system late Wednesday. At around 1:45 UTC, the shift happened by the time the Terminal Total Difficulty (TTD) hits 10,790,000. This historic shift was made possible through a series of tests completed by the developers. All are now watching closely the final merge, which was expected to transpire this coming September. However, many people believe that

Launch Cart Partners with OpenNode
Launch Cart Partners with OpenNode to Allow BTC Payments For Firms

OpenNode partners with Launch Cart to allow Bitcoin payments for eCommerce firms. The partnership will make use of Bitcoin Lightning Network payments. Launch Cart will also launch a wholesale dropshipping marketplace named “Source and Sell.” Leading eCommerce software-as-a-service (SaaS) platform Launch Cart partners with OpenNode, a Bitcoin payment processor, to allow any businesses by the help of Launch Cart’s platform to accept Bitcoin as payment. In a tweet, Bitcoin Archive stated that Launch Cart will be integrating Lightning Network payments, Bitcoin’s second layer that utilizes micropayment channels to enhance the blockchain’s ability to transfer more efficiently. According to the press

SoFi-Launched-Two-ETFs-to-Fund-Blockchain-Tech,-NFTs,-and-Metaverse
SoFi Launched Two ETFs to Fund Blockchain Tech, NFTs, and Metaverse

SoFi launches Web3 ETF and a Smart Energy ETF. The ETFs were designed to make it easier for people to invest in Web3 and clean energy. The fund was set to invest in crypto exchanges and bitcoin miners. SoFi, an American-based online financial services firm, plunged into crypto-related exchange traded fund (ETF) fray and launched funding for blockchain technology, NFTs, and the metaverse. The firm’s ETFs, called SoFi Web 3 ETF (TWEB) and SoFi Smart Energy, convey a management expense ratio of 59 basis points. It also tracks the SoFi Solactive ARTIS Web 3.0 and was arranged to invest in

UFC-Partners-with-VeChain-for-VeChainThor’s-Mass-Adoption
UFC Partners with VeChain for VeChainThor’s Mass Adoption

VeChain partners with UFC to offer solutions to real world problems. Sunny Lu, VeChain CEO, cited 6 ways on how their blockchain will change the world. The foundation is currently offering more opportunities around Europe. VeChain Foundation, a leading enterprise-grade L1 smart contract platform, has recently partnered with the Ultimate Fighting Championship (UFC) to offer solutions for sustainability, Carbon Management, Medicine, Automobile, Energy, DeFi, and more. Co-founded by CFO Jay Zhang and CEO Sunny Lu in 2015, VeChain initially started its operation as a private consortium blockchain network. They acknowledged that blockchain technology could alter the course of industrial processes

CoinShares-Predicts-Bitcoin-Pump-Amid-Economic-Recession (
CoinShares Predicts Bitcoin Pump Amid Economic Recession

CoinShares sees that Bitcoin will rally amid economic recession. In particular, BTC will benefit from increasing interest rates and a weak dollar. The firm considers BTC as a “good insurance policy” amid the market uncertainty. CoinShares, a pioneer in digital asset investing, believes that the recession in the United States could lead Bitcoin into a bullish trend. In a Twitter thread post, CoinShares expound how the meeting of economic factors and government policy decisions are going to benefit Bitcoin, specifically in terms of its performance as the US enters the recession. The digital asset management firm predicts that Bitcoin will