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Godfrey Mwirigi

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Bitcoin Balance Low in Binance Exchange
Fidelity Investments Praises Bitcoin for ‘True Decentralization’

Fidelity Investments highlights how Bitcoin is truly decentralized. Bitcoin showcases the power of decentralization. BTC proves it is more decentralized than other blockchain platforms. Fidelity Investments states that Bitcoin is “truly decentralized”. Many mistakenly believe that decentralization only applies to technology, but it is much more than that. Decentralization is a process by which the network of users becomes more resistant to attack or control by a single entity. To highlight, decentralization is a core principle of Bitcoin and is one of the main reasons why the digital currency has been so successful. In a recent tweet by Bitcoin Magazine,

2 mins read
Yield-Guild-Games-(YGG)-NFT-Road-Tour-Rocks-Philippine-Fans
Yield Guild Games (YGG) NFT Road Tour Rocks Philippine Fans

What is Yield Guild Games, and what does it do? Yield Guild Games(YGG) road trip. The Axie Infinity tournament Yield Guild Games is a blockchain game developer that invests in non-fungible tokens (NFTs). It utilizes virtual reality and blockchain-based games. Yield Guild Games brings players together where they earn through the NFT games. According to a recent tweet by the YGG official account, the Yield Guild Games held its first road trip to Baguio City in the Philippines. According to reports, this is the first road tour to be held by the YGG platform. On the visit to the city,

2 mins read
Shiba-Inu-Welcomes-David-Kern-to-the-SHIB-Metaverse-Team
Shiba Inu Welcomes David Kern to the SHIB Metaverse Team

David Kern is a former Principle Technical Artist for Sony at Zipper Interactive. The Shiba Inu project has announced that David Kern has joined their Metaverse team. He will be working on the Shiba Inu Metaverse’s Team as an advisor. According to a blog post and a major announcement by the Shiba Inu team, David Kern has joined the project as an advisor. David is a former Principle Technical Artist for Sony and has worked on many big-budget titles. The article says Kern will be helping out with the development of the SHIB Metaverse. The Shiba Inu team mentions that

2 mins read
Walt-Disney-Company-Goes-Big-on-Web3-and-Metaverse
Walt Disney Company Goes Big on Web3 and Metaverse

Disney announces the six companies interested in joining the 2022 accelerator. This year’s theme “Building the Metaverse” focuses on augmented and virtual reality, as well as the metaverse. Polygon is among the six companies to be joining the Disney accelerator. This year’s Disney Accelerator class is focused on developing the future of immersive experiences that specializes in augmented reality, non-fungible tokens (NFTs), and artificial intelligence. A recent tweet by @PuffYatty states that Disney is taking web 3 seriously as the program’s theme is “Building the Metaverse.” It also focuses on virtual reality and also Non-Fungible Tokens (NFTs). As the Disney

2 mins read
Cardano Price Moves Steadily Higher, ADA Believers Bullish
Huobi Bags 400M USDT, Is Crypto Pump Nearing?

According to Whale Alert Huobi received over $400 Million. Three transactions have been made in recent hours. Will the market experience pump? Recently, reports have suggested that $400 million worth of Tether (USDT) was transferred from an unknown wallet to Huobi, one of the world’s largest cryptocurrency exchanges. This has led many to believe that the market is about to experience a significant pump, as USDT is often used to buy Bitcoin and other cryptocurrencies when prices are low. According to the report, two of these transactions were from the same wallet address and occurred using TRON’s network. The first

2 mins read
Kazakhstan President Imposes Bill for Higher Tax Rates on Crypto Miners
Kazakhstan President Imposes Bill for Higher Tax Rates on Crypto Miners

The President of Kazakhstan has signed a bill that raises tax rates on crypto miners. Tax rate will depend on the amount of electricity used by the miners. The government states that the tax will reduce the power load. As per reports, the president of Kazakhstan Kassym-Jomart Tokayev, has signed a bill to impose a high tax rate on crypto miners. In a recent Tweet by Wu Blockchain, this will depend on the amount of electrical energy that the cryptocurrency miners will be using. The tax will be charged on the average use of energy consumption, which will further be

2 mins read
What-happened-With-Celsius,-and-How-its-Crypto-Lending-Burned-Out
Regulators Conduct a Multistate Investigation on Celsius

Celsius offered customers high-interest rates that were unregistered security and operated largely outside the law. Celsius customers did not receive critical disclosures about its financial condition. It is still unclear what will happen to the accounts that have been frozen. The Vermont Department of Financial Regulation has joined a multistate inquiry into Celsius. It says that Celsius offered customers high-interest rates (up to 17%) which are unregistered security and operated primarily outside the law. Celsius Network is a cryptocurrency firm that provides interest-bearing cryptocurrency accounts to its clients. In the agreement, Customers were promised high-interest rates by Celsius.  On June

2 mins read