Home Bitcoin News Prime cryptocurrency information on January 17: The largest strikes in Bitcoin, NFTs and extra – Moneycontrol.com

Prime cryptocurrency information on January 17: The largest strikes in Bitcoin, NFTs and extra – Moneycontrol.com

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Crypto enthusiasts meet their match: Angry Gamers

For more than a year, cryptomania has been at a fever pitch. Cryptocurrencies such as Bitcoin and Ethereum have soared in value. Crypto-based assets such as NFTs have taken off. But, to some, the crypto craze has gone too far, too fast. Skeptics argue that cryptocurrencies and related assets such as NFTs are digital Ponzi schemes, with prices artificially inflated beyond their true value. Some question whether cryptocurrencies and the blockchain, which are slippery concepts, have any long-term utility. Nowhere has there been more unhappiness than in the games community, where clashes over crypto have increasingly erupted between users and major game studios. In many of the encounters, the gamers have prevailed — at least for now. Take a look.

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