As part of the preparations for the metaverse, the retail company opened several new trademarks in late December, indicating its intention to create and sell several virtual products, including interior decoration for homes, electronics, sports products, and even personal care products. It was also stated that they could take action to launch their own cryptocurrency.
US Government Will Consider Energy Impacts of Cryptocurrencies on January 20
The Bitcoin mining sector has attracted the attention of many countries over the past year. The U.S. House Committee has an interest in this market. As a result, a meeting was planned in the United States to investigate the consequences of energy consumption incurred by cryptocurrency mining operations. The United States House Committee on Energy and Commerce will hold a hearing.
Investment Giant Fidelity Says Countries That Adopt Bitcoin Early May Outperform Their Peers
Financial services giant Fidelity says that more countries will buy Bitcoin (BTC) this year to remain competitive. In a new report, strategists at the firm say that a high-stakes form of game theory is at play and that countries that don't adopt Bitcoin early could fall behind their peers.
Ethereum Sets Record with Almost $400 Million Worth of Coins Burned in One Week
The most important part of the fee-burning mechanism offered by the EIP-1559 update in the summer was to make Ethereum a deflationary asset. It would only become possible in the event that the net issuance of the asset stays below the number of coins burned in a specified period. The number of ETH burned in a one-week time frame exceeded the number of coins exported, which led to a decrease in supply.
Chainalysis Report Claims Criminal Usage of Cryptocurrency Will Decrease In 2022
The cryptocurrency market has recorded a great rise in 2021. Along with legitimate use, it’s also used for illegitimate purposes. But now, according to a recent report by data analytics firm Chainalysis, the illegal usage of cryptocurrencies might drop around the world in 2022. The use of legitimate cryptocurrency will increase as more countries begin to master blockchain technology, and there will be a decrease in the rate of illegal use.
Visa: One in Four Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year
Payment giant Visa conducted a survey of small businesses and found that almost a quarter of respondent’s plan to accept cryptocurrency payments this year. “I think more people are feeling more confident with crypto,” said a Visa executive.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.