Crypto Currency Current Affairs, GK & News

Solar-Powered Bitcoin Mining facility launched in U.S.

As per owner of Twitter, Jack Dorsey, his payments venture Square will partner with blockchain technology firm Block-stream Mining in a bid to build an open-source, solar-powered bitcoin mining facility in United Nations. Aim of the move Launch of solar-powered bitcoin mining facility aims to drive adoption and efficiency of renewables within the bitcoin ecosystem. ..

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SpaceX: “DOGE-1 Mission to the Moon”

SpaceX is to launch DOGE-1, a satellite that is completely funded with crypto currency. Days earlier Musk did mention about DOGE crypto currencies in a TV show he was hosting. He also admitted in the show that he had Asperger’s Syndrome. About DOGE-1 It is the first ever commercial payload to be paid with Dogecoin. ..

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Turkey bans Crypto Currency payments

The Bitcoin currency tumbled more than 4% after the Central Bank of Turkey banned the use of Crypto currencies and crypto assets for purchases. The bank cited possible irreparable damages and transaction risks as the reason for the ban. The ban followed actions of Morocco in banning the currency and is expected to be implemented ..

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What is NFT Marketplace?

The WazirX, one of the leading cryptocurrency exchanges has recently launched India’s first market place for NFT. NFT is Non-Fungible Tokens. The launch will now allow Indian creators to place their digital assets (such as images or videos, music, etc) for auction and earn royalty. What is Non-Fungible Token? It is a unit of data ..

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What is Diem?

Facebook-backed cryptocurrency Libra has been rebranded as “Diem” to gain regulatory approval by emphasising that the project has “organisational independence”. The independent organisation, Libra Association, which runs the Libra project will also be renamed as the Diem Association. Diem is a Latin term meaning “day”. Libra received criticism because of the possibility of it threatening ..

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