In 2021, over $300 million worth of cryptocurrencies were donated to nonprofit and charitable organizations. Thousands of nonprofits have begun accepting cryptocurrency donations, making it easy for crypto investors to donate to their favorite causes.

Charities are quickly embracing cryptocurrency. Here are the top four reasons why many organizations are tapping into this new revenue source to diversify their revenue and donor base.

Nonprofit organizations are always looking for ways to connect with younger people who can become long-term legacy donors. The average donor in the United States is 64 years old and makes two charitable gifts a year. By accepting donations and leaning into crypto fundraising efforts, nonprofits are opening the door to a younger donor demographic.

According to Pew Research, 43% of U.S. men ages 18 to 29 say they have invested in cryptocurrency. Meanwhile, only 8% of people ages 50 to 64 and 3% of people age 65 or over have dabbled in crypto. The crypto market is currently worth approximately $1 trillion at the time of writing, which means that by accepting crypto donations, nonprofits are targeting this young demographic who own a large chunk of the crypto industry's wealth.

Not only is this a younger demographic to target, but it's also a demographic with disposable income. According to Gemini, the average crypto owner makes $111k a year, meaning that they have disposable income that can be donated.

Accepting cryptocurrency donations is not just a fundraising tool, it's also a great opportunity to draw media attention and build brand awareness. Once a nonprofit accepts crypto donations, it opens the door for NFT creators looking to add a philanthropic component to their NFT projects. We've found that celebrity-endorsed NFT projects tend to draw media attention, especially when the proceeds are being donated to a good cause. By aligning with certain NFT projects, nonprofits are opening the door to a new group of potential donors and building awareness about their mission.

Did you know that crypto investors are more charitable than other types of investors? In 2020, 45% of cryptocurrency investors donated $1,000 or more to charity, while that same year, only 33% of the full investor population donated.

The Nonprofit Times reported that the average crypto donation in 2021 was $10,455. This is nearly 19 times higher than the average cash donation of $574.

For many nonprofits, deciding if and when to accept crypto donations is a big decision. We've found that those most successful with crypto fundraising have someone on their team who is digitally native and social media-savvy. It's not necessary to understand crypto in order to fundraise it, but those who have team members dedicated to ensuring that the nonprofit has an online presence are innately more successful than those who rely on old-school donation methods.

This is because the crypto community is a younger donor demographic that naturally spends more time online than the traditional 65+ donor demographic. By already having an online presence, it's easier for crypto donors to find and donate to your nonprofit.

Before deciding which crypto processing solution is best for your nonprofit, consider the following:

By asking each of these questions, you are one step closer to finding the proper crypto processing solution for your nonprofit's specific needs and embracing the emerging world of crypto philanthropy.

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Here's Why Charities Are Embracing Cryptocurrency - Newsweek

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Computers are useless, Pablo Picasso exclaimed more than 50 years ago. They can only give you answers. No doubt he would be turning in his grave at todays unholy alliance of computer programs, tech nerds and digital artists clustering together to create non-fungible tokens (NFTs).Its a quickly evolving and potentially very risky world for filmmakers, producers and others looking for new ways to raise funding but should be approached with caution, research and a good look at recent history.

From the heady heights of a $3 trillion cryptocurrency market, it took a perfect storm of surging inflation, interest rate rises and geopolitical shockwaves to batter belief and trigger a snowball effect: bitcoins constant price drops, for example, trigged more sell offs, so confidence plummeted, leading to more panicked selling. The high level of borrowing by crypto traders to increase the upside of their positions left them facing calls for more funds to support untenable bets. And buyers beware there are no questions about moral hazard let alone a bank of last resort in the wild west of crypto.

NFTs (in case you need reminding), are digital artworks and images, often carved up into bite- sized tokens, that rely on blockchain technology to prove ownership. The explosion in interest and speculation around NFTs and the wider crypto currency craze that heated up during the last decade has now spectacularly imploded over the past six months, with more than $2 trillion wiped out.The burst bubble in digital assets and decentralised finance (DeFi) has attracted acute attention, but also pain for millions of investors given that by mid-2021 more than 16% of the American population had bought into the crypto craze.

While all those consulted for this article took no issue with the underlying robustness of blockchain technology (essentially a digital ledger of transactions that is duplicated and distributed across an entire network of computer systems), its efficacy depends on what use it is put to. And while blockchain and cryptocurrency are two distinctly different technologies, they are inherently linked. Cryptocurrency operates through the blockchain, as it too is a decentralized, digital system but designed for and enabling trading in digital or virtual currencies.

The ethos of cybertarians, as media lawyer and analyst Bill Grantham calls believers in financial markets that are not controlled by centralized organizations or governments, is fundamentally flawed: There is no way to assess the underlying value of these assets, so crowds were relying on the truth of what they were being told. Theres a good reason why the 1933 Securities Act and 1934 Securities Exchange Act remains in place today.

Among the many crypto sceptics is BlackRock founder Larry Fink, who in 2017 quipped that bitcoin just shows you how much demand for money laundering there is in the world, which in turn has trigged the term shitcoin meaning a coin or token with no clear purpose or value, or one used for more nefarious purposes.

Digital asset evangelists such as Silicon Valley tycoon Marc Andreessen, responsible for backing multiple crypto start-ups, famously made a revisionist assertion that every failed idea from the dotcom bubble would work now. The latest bubble economy bust up does not bear Andreessens theory out, as crypto that has been underlying financial constructs, let alone currencies, has fallen like dominoes never to see the digital light again.

For example, so-called stable currencies in the decentralized financial worldhave tanked despite their reassuring moniker. Two of the most popular stablecoins, Tether and USDC, effectively mimic the function of banks: people give them money, and receive stablecoins in return, which can at any point be cashed in again. At least thats the theory. Punters must trust the entity behind thecurrency, confident that it will be kept safe, easy to access and not used to bet on another investment opportunity.

Things can get dodgy even when currencies are constructed to create stability, as with the case of TerraUSD and Luna. Terra had a value pegged at $1, which, in theory, it would not fall below, being kept at that level by its sister coin Luna. If the Terra price went above $1, investors could take Luna coins out of circulation (a practice called burning) in exchange for new TerraUSD coins, which brought the cost back to $1. The price of Luna, as coins becomeit becameincreasingly scarce, was supposed to grow.

However, the system only functions if Luna has any actual value. For a period following its launch in 2019, its price shot up, partly due to an aggressive offer to pay 20% interest on savings held using the currency, taking it to a high of $120 in April 2022. But as the crash kicked in, investors began to take their cash out to cover losses elsewhere and Luna cratered. That set off a death spiral, as people switched Terra into Luna, which hammered the price of Luna. Every redemption round simply witnessed Luna tumbling lower and lower. In just a few weeks, the value of the Luna coin fell to fractions of a dollar. The entire game was up.

Whatever the fate of decentralized crypto currencies, forms of crypto and blockchain technology are here to stay, explains Eswar Prasad, author of The Future of Money: How the Digital Revolution is Transforming Currencies and Finance. The challenge, explains Prasad, is multifaceted but is crying out for sophisticated regulation. The catch is that when an industry clamours for regulation, it typically craves the legitimacy that comes with it while trying to minimize oversight. The biggest risk regulators must guard against? Giving the crypto industry an official imprimatur while subjecting it to light-touch regulation.

Its a perplexing conundrum for filmmakers flirting with the market.Lets be honest theres a good reason why the celebrity-driven crypto and NFT scam market has collapsed, says Oscar-winning writer/producer James Schamus. To paraphrase Matt Damon, Fortune does not favor the gullible, which is maybe why the average NFT sale price has dropped 92% in the past six months. But all that said, there are still potentially legit uses for some of these technologies, including perhaps digital rights management, royalty and residuals tracking, and more. As with any hyper-financialized derivative commodity, there will still be speculators and gamblers and hustlers out to pump up markets for special-price-for-you-certifiably-one-of-a-kind-digital-whatzyhoosies but I wouldnt write off the possible utility of these technologies just yet.

Taking Schamuss cautious upside note a step further, delving into the terrain underlines the strong intersections between NFTs and the video gaming world, rather than directly to live action movies and TV (although animation is a different matter). Theres aclearerutility in video games because purchasing of NFTs is based on an emotionally driven, first-person investment basis, explainsmultimediablogger and digital entrepreneur James K. Wight. The clear message is that you buy because its fun and adds to a sense of completionand a digital communityforthe user. On the other hand, theres nothing that an NFT can do that a great video game cant do better.

Producers have long been drawn to potential new financing and creative goods opportunities, and therein lies part of the problem. Producers are sellers at their core and are desperate to find new and alternative sources of finance, explains Arclight Films CFO Brian Beckmann. So hence they are in danger of believing their own bullshit and therefore other peoples.

However, some canny producers have made it their business to kick the tires and investigate the feeding frenzy first-hand.

Red and Blacks award-winning film producer and games developer John Giwa Amu trekked from Wales to San Francisco to attend the Game Developers Conference earlier this spring. He had already experienced the less than thrilling experience of trying to turn his firstBAFTA- winningfeature,White Little Lies, into an NFT opportunity that was a valuable learning experience, but showed us how brutal that market is

Once you get past the gold rush hype and the 20-something year old [then] millionaires, you realise that this market is very young, has suffered from huge mistakes and has a basic lack of understanding about how finance and risk behave.Onekey takeaway is that IPs in the form of digital canvasses and in-game content etcare a tangible element behind NFTs, but the quality of that creative work really matters,as does how you market it.

High quality filmmakers have been attracted to the opportunities yet have approached the surging sector with enough caution to keep their shirts. Emmy-winning StudioNX, a UK-Canadian animation studio, felt the rush of demand when it launchedGorecats, a horror inspired collection with roadmap to animated series. They dropped1,111 NFTS at $100 per token on Magic Eden via the Solana network and sold out within 45 seconds. Since that heady start, founder Adam Jeffcoat has brought in a financial pay out manager to address the volatility and changing values of both the solana blockchain and the NFT market, never mind some solid financials! I see great potential but the rapid rises and falls left me thinking that I only want a portion of our business involved, not the whole hog. Jeffcoat stresses that the key to long term survival in this space is to be focused on building IP backed by great storytelling, which is far more engaging to both holders and potential buyers.

Scratch the surface of game developers-turned-Web 3.0 entrepreneurs out there and theres a host of creative work underway thats already redefining what the metaverse might offer us all. Developed by Tiny Rebel Games, an award-winning developer of games and Augmented Reality (AR), the Petaverse Network is the first cross-chain platform that has created the next generation of immortal pets across the metaverse. Cool things are possible, says co-founder Susan Cummings. Cats work better as an AR experience than for example dogs: We can get a cat up and running in space and make it interesting. Petaverses creation of virtual pets work across games, AR, VR, wearables and social. Cummings explains that their pets evolve based on the nature of their specific DNA and the nature of their bonding with you a kind of reflexive animal-human dynamic if you like.

A key motivation for Cummings and her partner Lee was the wasteland of virtual pets once adored but forced to be abandoned over the years. Neopets, Tamagotchi, not to mention the 24 million Nintendogs that were bought, loved and then dumped as technology inexorably moved on. We like the idea that everyone can own and take it with them, and that it will still be relevant some 30 years down the line a digital heirloom that you can send to your grandchildren.

By combining gaming, XR and Web 3.0 and housing the project via the Polygon Platform on the Ethereum blockchain, Petaverse has defined an open standard, allowing other projects to connect and build new experiences alongside the virtual pets. This is about creating an open, sharing community benefiting from an easy-to-use transportation system, Cummings stresses. That philosophy is far removed from the winner takes all competition found in Hollywood and Silicon Valley.

But while some smaller shingles find ways to tame and use crypto and NFTs, there is still too much volatility and questions to go mainstream in the entertainment business, until the next big funding thing comes along.

Angus Finneys latest book, The International Film Business: A Market Guide Beyond Hollywood, is available on Amazon.com.

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Film Financing Mavens, Banks Flirt With the Wild West World of Cryptocurrency - Variety

Ethereum, the second largest cryptocurrency, has completed a plan to reduce its carbon emissions by more than 99%.

The software upgrade, known as the merge, will change how transactions are managed on the ethereum blockchain, a public and decentralised ledger that underpins the cryptocurrency and generates ether tokens, the worlds most popular cryptocurrency after bitcoin.

Vitalik Buterin, ethereums inventor, announced the completion of the plan on Twitter on Thursday morning, tweeting Happy merge all.

The move means that ethereum will no longer be created by an energy intensive process known as mining, where banks of computers generate random numbers that validate transactions on the blockchain and generate new ether tokens as part of the process. The process, known as proof of work in the cryptocurrency world, will now move to a proof of stake system, where individuals and companies act as validators, pledging or staking their own ether as a form of guarantee, to win newly created tokens.

Ethereum mining used up as much electricity as Austria, according to the Digiconomist website, at 72 terawatt-hours a year. Alex de Vries, the economist behind the website, estimates that the merge will reduce the carbon emissions linked to ethereum by more than 99%.

De Vries added that the move could represent 0.2% of the worlds electricity consumption disappearing overnight. However, he said bitcoin remained the biggest single contributor to the crypto worlds carbon footprint.

All eyes will be on bitcoin. It remains the largest polluter in the crypto space. Even today bitcoin is responsible for as much electricity consumption as Sweden. And we know thats not going to change, said De Vries.

Ethereum rose 2% to $1,630 (1,417) after the move, according to website coinmarketcap, valuing the currency at just under $200bn. Bitcoins market cap is worth $387bn, having fallen sharply from its peak of more than $1tn last year.

Carol Alexander, professor of finance at University of Sussex Business School, said the merge was a significant event for the crypto industry

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The merge is the most important event in blockchain history, she said. In my opinion, today marks the beginning of the end of bitcoins dominance over crypto assets. Ethereum is achieving something that bitcoin never could because bitcoin is a purely speculative asset and its mining network would never agree to drop that source of income.

Alexander added that the ethereum blockchain is a key feature of the web3 world - a catch-all term for the latest iteration of the internet - including its role as a base for non-fungible tokens. It powers the smart contract transactions on Ethereum that underpin web3 and therefore the digital economy today.

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Ethereum cryptocurrency completes move to cut CO2 output by 99% - The Guardian

Over the past 24 hours, Stellar's XLM/USD price has risen 7.67% to $0.11. This continues its positive trend over the past week where it has experienced a 7.0% gain, moving from $0.11 to its current price. As it stands right now, the coin's all-time high is $0.88.

The chart below compares the price movement and volatility for Stellar over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 44.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.11%. This brings the circulating supply to 25.37 billion, which makes up an estimated 50.73% of its max supply of 50.00 billion. According to our data, the current market cap ranking for XLM is #28 at $2.91 billion.

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Cryptocurrency Stellar's Price Increased More Than 7% Within 24 hours - Stellar (XLM/USD) - Benzinga

Chiliz's CHZ/USD price has decreased 3.49% over the past 24 hours to $0.24. This is contrary to the coins performance over the past week where it has experienced an up-trend of 18.0%, moving from $0.20 to its current price.

The chart below compares the price movement and volatility for Chiliz over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Chiliz's trading volume has climbed 37.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.04%. This brings the circulating supply to 5.34 billion, which makes up an estimated 60.12% of its max supply of 8.89 billion. According to our data, the current market cap ranking for CHZ is #47 at $1.27 billion.

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Cryptocurrency Chiliz Down More Than 3% Within 24 hours - Chiliz (CHZ/USD) - Benzinga

CULTUREBromates: Passionately Pushing Solar

A message about climate change and renewable energy underlies a new bro-mantic comedy coming to theaters next month.

In Bromates, directed by Court Crandall (Old School) and starring Josh Brener (Silicon Valley) and Lil Rel Howery (Get Out), a pair of lifelong friendsSid, a passionate solar panel salesman, and Jonesie, an eccentric, foolhardy womanizerget dumped by their live-in girlfriends on the same day and decide to move in with each other. Through their misadventures that eventually lead to an odd encounter with rapper Snoop Dogg (played by himself), Sid excitedly tells everyone he meetseven the women he attempts to flirt withabout the benefits of solar energy, both for the environment and for energy savings.

Take a first look at the film in this exclusive clip:

The inclusion of solar factoids was very intentional. The film is the brainchild of Chris Kemper, CEO of the solar company Palmetto, who co-wrote the script with Crandall. Kemper compared Bromates to Dont Look Up as another example of an entertaining, comedic film with an underlying message about the environment.

You can take these narratives and make them more mainstream, however subtle, it doesnt have to be in your face, Kemper said. So its more of a dialogue. Like, after a movie, youre talking to friends about it, those kinds of things.

The movie will be out in theaters in the U.S. on Oct. 7.

The blockchain Ethereum underwent a major software update this week that experts have compared to turning a gas-powered vehicle into an electric vehicle while the car is in motion. A report by the Crypto Carbon Ratings Institute found that the update reduced the electricity consumption of the blockchainwhich supports the second-largest cryptocurrency, Etherby 99.988 percent, and its carbon footprint by 99.992 percent.

On Thursday, the long-awaited Ethereum merge, as it is known, shifted the foundation of the blockchain without disrupting investments after nearly two years of preparation. The merge changed the way that transactions are validated on this cryptocurrency model, which unlike traditional currency systems is not backed by a centralized institution.

The fundamentals of the merge are complicated, but heres the gist of what happened: the Ethereum blockchain formerly relied on a proof of work security method, where energy-intensive cryptocurrency mining computers solve complex equations to validate transactions in exchange for more cryptocurrency, to a proof of stake method, where significant investors validate transactions, staking a portion of their investment as a kind of collateral to keep them honest in their validations.

Shifting to proof of stake has long been seen as the most significant way to reduce the carbon footprint of the crypto industry. A White House report out this month estimated that crypto activity in the United States leads to approximately 25 to 50 metric tons of carbon dioxide emissions per year, similar to the amount emitted from diesel fuel used in the countrys railroads.

Proof of work is wasteful by design, said Scott Faber, senior vice president of government affairs at the Environmental Working Group. And the merge shows that a code change from proof of work to proof of stake is possible.

Now that Ethereum has made this shift, the pressure is on for Bitcoin to follow. Bitcoin accounts for about two-thirds of the electricity used by the crypto industry worldwide, according to the White House report. Environmental Working Group, Greenpeace and other organizations have launched a campaign urging leaders in technology and finance who have big investments in Bitcoin and presumably have sway within the Bitcoin community to shift the blockchain to proof of stake.

But if Bitcoin doesnt make the shift, Faber said the government should step in and create energy efficiency standards for the crypto industry. The Biden administration appears willing to do so based on its recommendations in this months report.

This is a significant moment that should cause the Bitcoin community to realize that the financial future of this asset depends on making this code change, Faber said. Smart people are not going to invest in a financial security that is going to generate more and more climate pollution.

Young people have been front and center in climate advocacy the last several years as a population that will be alive in 2050 and beyond, when the worst effects of climate change begin to set in unless drastic action is taken now. Inspired by young activists, a public radio climate podcast gave their microphones to local eighth graders.

Two reporters from Higher Ground, a podcast from WSHU, spent the spring with an after-school science-education program in Bridgeport, Connecticut. Many of these students had learned about climate change in school and understood what was happening to the planet at large, said co-host J.D. Allen, a reporter for WSHU. While the students were familiar with Greta Thunberg and other activists who have pointed the blame at politicians and corporations for their inaction, Allen said, many did not know how climate change was manifesting in their own backyards.

Allen and his co-host, Sabrina Garone, taught the kids how to use recording equipment and encouraged them to find the effects of climate change in their neighborhoods. The five-episode podcast, funded by the Joan Ganz Cooney Center and Sesame Workshop, offers a look into the minds of teenagers as they search for these effects and ponder why they are happening. The students not only found problems, Allen said, but they started to brainstorm solutions.

They blew me out of the water. They really really did, he said. He recalled one young student who started the unit wondering why a shady tree in his front yard had been cut down, and just a few weeks later, the student was coming up with ideas for how to plant trees across Bridgeport to increase shade and reduce the effects of extreme heat.

If we listen to young people and their ideas, and we present them to policymakers, Allen said, I would hope that listeners to the podcast might ask themselves, Well, what ideas can come from young people in my community?

While about two-thirds of Americans support climate policies, most people in the country think the climate-conscious percentage only represents a little more than one-third of the population.

Researchers drew these conclusions from a survey of more than 6,000 Americans and published their findings last month in the journal Nature Communications. Americans from all ages, education levels and political groups vastly underestimated the broader populations concern about climate change and support for climate policies in what researchers call a shared sense of a false social reality.

While supporters outnumber opponents two to one, people perceive it to be the other way around, said study author Gregg Sparkman, an assistant professor at Boston College. And therefore a lot of Americans feel alone in their concern about climate change or might feel alone in thinking they want to take action on the issue but other people must not.

Sparkman said he was surprised at just how large this gap was. People werent just off a little bit, but they were off so much as to fully invert the perception of a supermajority of Americans down to just a minority was staggering to us.

There is more research to be done to nail down exactly why Americans are so off in their perceptions about support for climate policy, Sparkman said, but this disconnect can cause people to withhold or soften their views on climate policy if they believe that other people dont care about climate change. If Im worried about climate change, but I dont think others are, if I have that thought then Im likely to think maybe Im overreacting, maybe its not such a big deal, Sparkman said.

He hopes that the climate policies in the Inflation Reduction Act along with continued public opinion polling on Americans views on climate change will help break down this false social reality.

These signals we hope will come together and help dispel this kind of myth that Americans arent worried about climate change, Sparkman said. Hopefully, this can create a kind of better narrative that illustrates that the United States is a nation of people who would like ambitious climate policies.

Katelyn Weisbrod is a reporter and web producer for Inside Climate News based in Minnesota. She writes ICNs weekly Warming Trends column highlighting climate-related studies, innovations, books, cultural events and other developments from the global warming frontier. She joined the team in January 2020 after graduating from the University of Iowa with Bachelors degrees in journalism and environmental science. Katelyn previously reported from Kerala, India, as a Pulitzer Center student fellow, and worked for over four years at the University of Iowas student newspaper, The Daily Iowan.

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Warming Trends: A Comedy With Solar Themes, a Greener Cryptocurrency and the Underestimated Climate Supermajority - InsideClimate News

SAI.TECH Global Corporation

SINGAPORE, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Today, SAI.TECH Global Corporation ("SAI.TECH" OR "SAI", NASDAQ: SAI), a global energy-saving bitcoin mining operator and a clean-tech company that integrates Bitcoin mining, heating, and power industries, is pleased to announce its sponsorship and presentation on the 2022 Cryptocurrency Research Conference (CRC), to be held in Durham, the United Kingdom, from September 22 to 23, 2022.

Cryptocurrency Research Conference (CRC) provides a forum for presenting new ideas and discussing the development trends of cryptocurrency research. SAI.TECH started its sponsorship relationship with CRC since 2021. Arthur Lee, Founder and CEO of SAI.TECH, will join the CRC2022s online panel Academics vs. Practitioners: demystifying cryptocurrency along with professors from the UK and the US at this forum. Industry practice and academic research are inseparable. In fact, they reinforce each other, said Arthur Lee, Industry data and experiences can help researchers conduct more accurate research, and scientific findings can better help the industry. I am very much looking forward to the discussion with the professors."

ESG is at the core of SAI.TECHs development strategy. SAI.TECH aims to create a positive social impact both internally and externally. Therefore, to ensure SAI.TECHs entire operation is socially responsible and ethical, the support on academic research is one of the key elements of SAI.TECHs ESG strategy. ESG Director of SAI.TECH, Suwan Long, will give the opening remark to the event. It is a great pleasure to represent SAI.TECH to give an opening remark to the Cryptocurrency Research Conference and to connect with the excellent researchers in the field of cryptocurrency, said Suwan Long, SAI.TECHs development philosophy has always been to do its best to make contributions to the society. We aim to set ourselves as an example and lead other companies in the industry to make changes and contribute their efforts to promote advanced research for the entire society.

SAI.TECH has been committed to supporting research in areas related to cryptocurrency. We believe that the Cryptocurrency Research Conference and its member groups are the largest, niche group in the cryptocurrency and Fintech area, said Arthur Lee, By participating in academic conferences such as the CRC, we see many potentials and opportunities in cryptocurrency research. SAI.TECH looks forward to building a bridge between academic researchers and industry practitioners, creating the highest quality contribution to research through the transfer of knowledge.

About Cryptocurrency Research Conference (CRC)CRC is an event that brings together an international group of academics conducting research in finance and related disciplines, as well as practitioners and policymakers, to generate debates on current issues of cryptocurrency and digital finance. The CRC2022 will be held on 22nd and 23rd of September 2022 at Durham University Business School, Durham, UK. For more information about Cryptocurrency Research Conference, please visit https://cryptorc.org/.

About SAI.TECHSAI.TECH is an energy-saving bitcoin mining operator and a clean-tech company that integrates the bitcoin mining, power, and heating industries. SAI.TECH uses proprietary liquid cooling and waste heat recovery technology for its digital asset mining machines, utilizing waste heat to provide recycled energy and heating to potential customers while lowering mining operating costs. SAI.TECH strives to become the most cost-efficient digital asset mining operations company globally while simultaneously promoting the clean transition of the bitcoin mining, power, and heating industries.

In May 2022, SAI became a publicly trading company under the new ticker symbol SAI on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation ("TradeUP").

For more information on SAI.TECH, please visit https://sai.tech/.

Media Contactpr@sai.tech

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SAI.TECH Announces Sponsorship and Presence on the 2022 Cryptocurrency Research Conference - Yahoo Finance

Over the past 24 hours, Uniswap's UNI/USD price has fallen 6.31% to $5.39. This continues its negative trend over the past week where it has experienced a 20.0% loss, moving from $6.8 to its current price.

The chart below compares the price movement and volatility for Uniswap over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has decreased 25.0% over the past week, while the overall circulating supply of the coin has increased 0.77% to over 753.77 million. This puts its current circulating supply at an estimated 75.38% of its max supply, which is 1.00 billion. The current market cap ranking for UNI is #21 at $4.06 billion.

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Cryptocurrency Uniswap Down More Than 6% Within 24 hours - Uniswap (UNI/USD) - Benzinga

A new report is shedding light on the growing number of cryptocurrency scams in 2022. The whole idea appears to be related to luring innocent victims and robbing them of their hard-earned money.

On average, a striking 300% increase is astonishing, and the report proved how common targets included users fluent in English and Spanish. Moreover, the actors behave as celebrity deepfakes and get the job done in a manner thats extremely deceptive.

The news comes to us thanks to a cybersecurity researchers firm named Group-IB. And theyve managed to identify around 2000 domains that were produced just this year and for this particular malicious intent.

In the recently published report, we get more news about how these fake giveaways entailing cryptocurrency have risen nearly 5 times, which is in stark comparison to what we witnessed last year.

On average, the sites have a reach that goes up to 15,000 viewers. And if we do take such data to be correct, youll be amazed to find out that around 30 million individuals. Interestingly, the report even highlights how top domains that most people deem trustworthy were also included.

Researchers then went on to shed light on how the scammers attempted to target a few video platforms so they could better promote their scams via live streams. And the icing on the cake was to entail top celeb deepfake names like Elon Musk and Cathie Wood, among so many others.

YouTube ranked number one on the list, closely followed by Twitch taking second place.

Experts delineated that those channels that had more subscribers were the ones that were targeted the most as it was more difficult to block out such events. Remember, the bigger the audience involved, the greater the number of reports required to activate YouTubes flagging system of moderation.

So many campaigns featuring leading names in the world of showbiz and entertainment, including prominent faces like Cristiano Ronaldo and Nayib Buckele were featured on the front.

This just goes to show how active such scammers have turned out to be in this field and how theyre not taking up new developments under their wing to promote scams in the most real manner imaginable.

But what is the reason for such a massive influx of scams arising spontaneously? Well, sources believe the main reason definitely has to do with easy tools for such things being available. Hence, with the right arsenal in store, crypto giveaways are made to appear as real as possible. And they take advantage of vulnerable victims keen on making a quick buck online.

Despite such scammers having poor technical skills, they still manage to do the job great, thanks to the tools in the store.

In the same way, the forums through which such activities are carried out are also very well developed. Its actually nothing less than a marketplace. Its very luring and common for people with zero knowledge of crypto to get involved and target others in this way.

As far as costs related to making this scam a success are concerned, you can get a good deepfake for just $30. Meanwhile, a complete design for a crypto scam arises at $300, and manuals cost just $100. Toolkits arise between $500 to $1500 each month.

To stay safe, well, simply be vigilant of such scams. Remember to never trust anyone portraying a giveaway of this kind, and if youre interested in promotions, do conduct a background check.

A little safety and awareness can help you save thousands of dollars. So avoid giving out sensitive details because you never know how and where they end up being used.

Also, any promotion that entails a leading celebrity is not always authentic. Be aware that deepfakes do exist, and theyre out to get vulnerable targets like you. Go through the channels history and verify its name. If its not on the celebs official channel, then its likely to be fake.

Read next:Scam advertisements are finding their victims through the Microsoft Edge browser

The rest is here:
Scams Related To Cryptocurrency Giveaways Have Tripled In 2022, Says New Report - Digital Information World

Blockchain on its own is a pretty impressive innovation. It has been used in different ways since its inception, and now it plays a pivotal part in a new project trying to take the world by storm- Moshnake (MSH).

As a newcomer to an innovative project, its normal to wonder what the future holds for such a project. The question now is, will Moshnake (MSH) be as successful as Binance (BNB) and Polygon (MATIC)?

A coins success is determined by the system and features the project provides to its users. Moshnake (MSH) is working on a project to usher in a new era of mobile gaming using blockchain technology. Moshnake (MSH) is an unusual project that wants to integrate the crypto community into the realm of classic mobile gaming.

The Moshnake (MSH) token is a Play-to-Earn nonfungible token (NFT) game developed on the BNB smart chain platform. It was styled after the groundbreaking mobile game Snake, which ruled the early days of the internet. Everyone who owned a Nokia phone back in the day was instantly hooked on the dating game.

Its straightforward style and fascinating game dynamics are the traits Moshnake (MSH) aims to incorporate and combine with blockchain technology while adding a Play-to-Earn mechanism with a battle royale theme. Players of Moshnake will be able to relive the past while also having the opportunity to make money from their gameplay.

Users must develop and maintain their Moshnake (MSH) NFT while searching the arena for (MSH) the base coin and other NFT items. The developers equal treatment of every user was a top priority; thus, they distributed incentives by a players aptitude, tenacity, and strategy. The P2E game market and Blockchain development motivated the creation of Moshnake (MSH).

Moshnake was developed on the BNB smart chain due to its widespread use and popularity. Additionally, the speed of the BNB chain was a factor in the platforms decision to put it on the chain. Moshnake anticipates a high volume of transactions and needs a chain to accommodate this volume.

The Binance (BNB) market capitalization is among the largest in the industry. Binance (BNB) focuses on establishing a global stage for crypto exchanges and a situation in which it is at the forefront of financial activities.

To benefit the exchange and its members exclusively, the founders launched a glossary of other services in the ecosystem. The projects Binance Chain, Binance Smart Chain, Trust Wallet, Binance Academy, and Research are now all part of the Binance (BNB) network. All of these initiatives are backed by blockchain technology, ushering in a new era of global finance.

Since its inception in 2017, Polygon has supported over 7,000 decentralized applications (dApps) that operate without the intervention or influence of third parties. With the assistance of the base currency MATIC, polygon (MATIC) regulates the system and pays network usage fees. The unique structure of Polygon (MATIC) ensures that circulation will never exceed 10 billion coins.

Their proof-of-stake system rewards users for maintaining the network and validating transactions. Polygon (MATIC) has a bright future ahead of it now that it is a part of the 2022 Disney Accelerator, which focuses on technological advances such as augmented reality, non-fungible tokens, and artificial intelligence as future methods of storytelling.

The future of Moshnake is still unknown, but it has the feature of a successful project, and it would be a nice addition to any investors portfolio.

To find out more about Moshnake (MSH), visit the links below:

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken

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Moshnake; The Next Big Cryptocurrency Binance Coin And Polygon - The Coin Republic