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Produced by Daniel Aharonoff & Mogul Media AI

Bitcoin's All-Time High: Adjusting for Inflation

Bitcoin's All-Time High: A Perspective on Inflation Adjustments As Bitcoin inches closer to its all-time high, the cryptocurrency landscape is buzzing with discussions about whether its previous peak should be adjusted for inflation. With the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) inflation calculator suggesting a revised target of approximately $75,000, the debate intensifies. This adjustment isn't merely academic; it reflects the evolving role of Bitcoin in the financial ecosystem, especially as it vies for status as a serious inflation hedge. Understanding the All-Time High Previous Peak : Bitcoin reached an all-time high of nearly $69,000 in November 2021. Inflation Adjustment : Adjusting for inflation brings the real target closer to $75,000, emphasizing the need to consider economic conditions over time. Bitcoin as an Inflation Hedge Despite the volatility associated with Bitcoin, it continues to be regarded as a potential safeguard a
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Produced by Daniel Aharonoff & Mogul Media AI

Unveiling Ubisoft's Partnership with Wemix 3.0: A Game-Changing Move into Blockchain Gaming

Ubisoft's recent partnership with Wemix as one of the 40 Node Council Partners running validator nodes for the new Wemix 3.0 network marks a significant milestone in the blockchain and gaming industries. The transition from the Klaytn mainnet to the Ethereum compatible EVM blockchain signifies a strategic move by WeMade, as they have rebranded the older chain and corresponding token as Wemix Classic. The new Wemix blockchain operates on a proof of stake authority consensus algorithm, combining elements of a proof of stake structure and a proof of authority model to ensure efficient and secure transactions. It is worth noting the following key points regarding this development:

  • Node Validation: Wemix's network relies on nodes to validate transactions, with each node being a computer running blockchain software to confirm transactions.
  • Node Council Partners: All 40 Node Council Partners, including Ubisoft as the 26th member, will be responsible for running Wemix nodes to validate the blockchain.
  • Wonders: The Wemix team has aptly named each node partner as "Wonders," highlighting the importance of their role in the network.
  • Ubisoft's Blockchain Ventures: Ubisoft's entry into the blockchain gaming space has been notable, with early adoption of NFTs in games like Tom Clancy's Ghost Recon Breakpoint, despite facing some backlash. The company's continued exploration of crypto technologies is evident through its involvement as a node operator for other blockchains like Hedera and Cronos.
  • Champions Tactics: Ubisoft's foray into blockchain gaming with Champions Tactics has already seen success, with the game's first free NFT mint generating millions in trading volume within hours of launch.

Ubisoft's commitment to blockchain technology and partnership with Wemix further solidifies its position as a key player in the evolving landscape of blockchain gaming. This collaboration not only highlights the growing intersection between traditional gaming giants and blockchain innovation but also sets the stage for continued advancements in the industry.

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