Tencent Cloud Enters Web3 • Tencent Cloud, a global cloud service provider of China’s leading internet company Tencent Holdings, announced its interest in Web3 on Feb. 22. • The firm has also reinforced its Web3 speculations through foundations of future partnerships with leading Web3 brands during the global Web3 summit. • Tencent will target the…
• In an interview with Anthony Pompliano, Peter Schiff said that Bitcoin has no value. • He used the idea that there is no difference in utility between one bitcoin and many bitcoins as it has no physical presence. • According to Schiff, fiat currency and gold are better alternatives to cryptos. Peter Schiff’s View…
• Bitvavo, a Dutch crypto trading network, recently announced that they expect to receive at least 80% of the debt owed to them by Digital Currency Group. • The duo reached an agreement on February 6th with a recovery rate of between 80-100%. • The repayment will be made in cash, digital currency and convertible…
• Ethereum (ETH) has been on a bullish track in the start of 2023, trading at $1,572 as of Jan. 30. • Analysts are anticipating a 25-basis points interest rate hike by the Federal Reserve, which could have an impact on Ethereum’s price. • The upcoming Shanghai upgrade is set to make waves in the…