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Indian National Payments Corporation Exec Optimistic on RBI’s CBDC Efforts
20.2.2024
Dilip Asbe said the Reserve Bank of India’s new central bank digital currency (CBDC) plans could drive the next fintech wave.
The post Indian National Payments Corporation Exec Optimistic on RBI’s CBDC Efforts appeared first on Cryptonews
Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds
15.2.2024
Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for...
PlayStation 5 Is About To Have A Quiet Year
14.2.2024
If you were wondering what Sony’s up to after its latest State of Play presentation didn’t have much in the way of first-party games, it sounds like there was a reason for that. It looks like PlayStation 5’s 2024 will have a dearth of first-party games over the next year, as the company...
Federal Reserve Ends Enforcement Action Against FTX-Connected Farmington State Bank
7.2.2024
The Federal Reserve terminated its enforcement action against Washington-based Farmington State Bank, previously known as Moonstone Bank and linked to FTX’s Alameda Research. Federal Reserve Terminates Enforcement Action of FTX-Linked Farmington Bank The Federal Reserve Board has officially...
Analysts Suggest Financial Giant Charles Schwab Poised to Shake Up Bitcoin ETF Market With Potential Late Entry
27.1.2024
In the wake of a noteworthy 11-day period during which U.S.-centered spot bitcoin exchange-traded funds (ETFs) amassed a trading volume totaling $25.36 billion, discussions have emerged about the potential involvement of Charles Schwab, the American multinational financial services corporation....
Valve Made About A Billion Dollars On Counter-Strike Loot Boxes In 2023
23.1.2024
According to new data, it appears that Valve likely made about $1 billion from digital Counter-Strike 2 (previously Global Offensive) cases and keys in 2023. Yes, that’s billion with a “B.” Read more
Analyst Warns BTC Price Will Remain Flat as $25 Billion GBTC Liquidation Looms, Galaxy Digital Founder Disagrees
22.1.2024
Bitcoin (BTC) investors should brace themselves for potential price stagnation or even a decline as the liquidation of $25 billion worth of Grayscale Bitcoin Trust (GBTC) looms. Chris J Terry, founding partner of BTCdata Corporation, recently expressed his concerns about the impact of GBTC’s...
South African Fintech Startup Ukheshe Acquires 100% Stake in EFT Corporation
21.1.2024
South African fintech startup Ukheshe recently announced that it has acquired a 100% stake in EFT Corporation, an Africa-focused payment services provider. According to the startup, the acquisition takes Ukheshe closer to its stated goal of attaining a larger footprint in Africa and beyond. Access...
‘$3.5m Nursing Care Fund Crypto Thief’ Extradited to South Korea
18.1.2024
Source: S…/Adobe South Korean law enforcers have extradited a man suspected of stealing $3.5 million from a nursing care fund to buy cryptoassets before fleeing abroad. The man, surnamed Choi (aged 46), is a former National Health Insurance Corporation middle manager. He was arrested in...
Steam Pulls Fan's Portal 64 Project, But Not For The Reason You Think
15.1.2024
A fun-sounding project, a Nintendo 64 demake of Portal, has been pulled from Steam. It’s developer, however, is imploring people not to get angry with Valve, suggesting his idea was always doomed from the start. And yet, you know, I’m still a bit mad.Read more
Polygon PoS now powers Verify by Fox Corporation
10.1.2024
Polygon Labs has announced that it has joined hands with Fox Corporation to support Verify. The protocol helps creators provide authenticity to their content in a world where the rise of Artificial Intelligence is making it convenient for malicious actors to break the barriers of legitimacy....
Sony Corporation develops Spatial Content Creation System
10.1.2024
Sony Corporation has released an all-inclusive content creation mechanism, which is complemented by an XR-head-mounted display system. In addition to a set of controllers optimized for intuitive interaction with 3D objects, it is equipped with an advanced 4K OLED Microdisplay and video transparency...
Fox Launches Blockchain-based Open Source Platform with Polygon Labs
10.1.2024
Source: Pixabay The Fox Corporation has partnered with Polygon Labs to unveil the new blockchain-based Verify, an open source platform designed to verify the authenticity of content and track its use across the web. Built on Polygon PoS, the core blockchain infrastructure can transparently prove...
VanEck, WisdomTree Spot Bitcoin ETF Tickers Secure DTCC Listing as Applicants Await SEC Approval
9.1.2024
Source: Pixabay As spot Bitcoin ETF applicants wait for the potential approval by the United States Securities and Exchange Commission (SEC), two prominent applicants, WisdomTree and VanEck, have successfully listed their ETFs on the Depository Trust & Clearing Corporation (DTCC). The latest...
Way Too Many Games Were Released On Steam In 2023
2.1.2024
Steam is by far the most peculiar of online storefronts. Built on top of itself for the last twenty years, Valve’s behemothic PC game distributor is a clusterfuck of overlapping design choices, where algorithms rule over coherence, with 2023 seeing over 14,500 games released into the mayhem. Which...
The Steam Deck Crushed It In 2023
27.12.2023
Valve introduced the world to the Steam Deck in 2022 and it was an instant hit with countless Steam users who jumped at the chance to take their games just about anywhere. As we close out 2023, the Steam Deck remains one of the best pieces of portable gaming hardware you can buy, both on...
User Needed One More Steam Point To Hit 69,000 And Valve Delivered
27.12.2023
A Steam user on Christmas Eve had a question: How do you earn just one measly little Steam Point? They were at 68,999 points and wanted to hit 69,000 because, you know, it’s a nice number and all that. However, because of how Steam Points are earned, there seemed no simple way to get that...
Bitcoin Miner Stronghold Secures $15 Million Equity Raise Amidst Hashrate Curtailment Challenges
23.12.2023
In a recent disclosure, the publicly-listed bitcoin mining corporation Stronghold Digital Mining publicized its entry into a $15 million securities purchase agreement with an institutional investor. Furthermore, Stronghold elaborated that the firm’s Panther Creek Plant encountered unforeseen...
FDIC’s Sign and Ad Rules Update May Impact Crypto Industry – Here’s How
21.12.2023
Source: AdobeStock / JHVEPhoto The Federal Deposit Insurance Corporation (FDIC) has recently implemented a new rule governing the use of its official signs and advertising, potentially influencing public perception of certain crypto firms. The FDIC announced on December 20 that its board...
Better Market CEO Points to Crypto Market Abuses as Reasons for FDIC Rule Amendment
21.12.2023
Source: Pixabay / tombark Better Market CEO lambasts frequent market abuses and false advertising strategies of digital asset firms as a major reason for the Federal Deposit Insurance Corporation’s (FDIC) rule change to protect investors. In a Dec 20 press release, the CEO reacted to the official...