Electronic Arts CEO says NFTs are ‘an important part of the future’ of gaming

    Game publisher Electronic Arts (EA) has told investors that collectible NFTs are “an important part of the future of our industry.” EA’s CEO sees promise for tracking in-game collectibles and “play-to-earn” schemes. During an earnings call this week, EA boss Andrew Wilson referred to NFTs and blockchain gaming as an “important part about the future…

    A crypto wallet with $5bn in Shiba Inu shows astronomical profits in one year

    In August 2020, an investor bought about $8,000 worth of Shiba Inu, a crypto wallet shows. Today, just over a year later, his coins worth is $ 5.7 billion, up more than 70,000,000%. However, it’s feared that the wallet is now inactive. A wallet containing 70,200,003,182,169 (70 trillion) Shiba has netted the collector a truly…

    Ethereum climbs to all-time high of $4,400, as Shiba Inu burns ETH

    Ether (ETH), the cryptocurrency minted on the Ethereum blockchain, is the second biggest cryptocurrency in market cap, behind Bitcoin. It reached an all-time high on Thursday night, touching $4,400 for the first time. Meanwhile, the current meme-coin craze is also contributing to ETH’s value proposition, with Shiba Inu (SHIB) now consuming more gas than even…

    Shiba Inu makes 50% jump to record, becoming 11th-biggest crypto coin

    Shiba Inu is gradually taking center stage among other memecoins. SHIB was up 50% in the 24 hours on Sunday and reached a record earlier in the day, becoming the 11th-biggest cryptocurrency by market value. The speculations, media, and buzz surrounding crypto is adding to its surge. Shiba Inu (SHIB), the self-proclaimed Dogecoin killer, tapped…

    Jack Dorsey says Square to create a clean-energy, open-source Bitcoin mining system

    Jack Dorsey wants to build a single system that can improve accessibility to Bitcoin mining and further decentralize the BTC network. According to Twitter and Square CEO, his new Bitcoin mining system would be ‘more decentralized’ and accessible to individuals and businesses around the world. Dorsey revealed his intentions in a series of tweets posted…

    Joe Biden reportedly works on an executive order to control cryptocurrencies

    The Biden administration is reportedly planning a wide range of crypto oversight and might issue an executive order for the agencies regarding it. The Executive order might be aiming to combat the growing threat of ransomware attacks like the Colonial Pipeline incident and other cybercrime associated with crypto-assets. Reuters reported, the US National Security Council…