Disney Accelerator Program, China’s digital economy and Bitcoin’s hashrate collapse!

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🪄 Disney announces Disney Accelerator program participants

🪙 China to integrate crypto and NFTs into their digital economy

🚨 Bitcoin’s hashrate dropped by more than 27% in just 24 hours

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Disney announces Disney Accelerator program participants

Disney has announced the names of the six companies that will be joining its 2022 Disney Accelerator program. These are the businesses that will help Disney continue its reign as a powerful entertainment company.

The program is designed to help companies grow and be innovative. This year, the focus will be on technology and artificial intelligence. Disney has always been at the forefront of using new technologies to create better experiences for its customers. The six companies that have been chosen are Flickplay, Inworld, Lockerverse, Obsess, Polygon (formerly Matic), and Red 6.

These six companies were chosen out of hundreds of applicants from around the world. They will each receive mentorship and guidance from Disney executives, as well as access to Disney resources.

China to integrate crypto and NFTs into their digital economy

The Chinese government is reportedly looking to integrate cryptocurrencies and non-fungible tokens (NFTs) into its digital economy. If successful, China would become the first major economy to do so.

The move could have a significant impact on the global cryptocurrency and NFT markets. The Shanghai Municipal People’s Government of China speaks of blockchain, metaverse, and NFTs in a document addressed to the governments of its districts. The move signals that the Chinese government is open to exploring the potential of these emerging technologies.

This is a significant development for the global cryptocurrency and NFT markets. The Chinese government’s move could pave the way for other major economies to follow suit. This could lead to more widespread adoption of cryptocurrencies and NFTs around the world, which pleases us.

Bitcoin’s hashrate may have dropped by more than 27% in just 24 hours

The lower hashrate means that Bitcoin miners are switching off their machines due to the heat wave that is currently sweeping across Texas.

The high temperatures are simply too much for the miners to handle, and so they have been forced to shut down operations. Of course, this isn’t the first time that Bitcoin miners have had to deal with extreme weather conditions. Last year, a severe cold snap in Kazakhstan caused blackouts and forced miners to go offline.

However, the current situation in Texas is unique in that it is affecting a large number of miners all at once. This is likely to have a significant impact on the Bitcoin network, as the hashrate will continue to fall in the short term.

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