Search
Brazilian Companies Break Crypto Purchasing Records Again in October
5.12.2022
According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that...
Blackrock CEO on FTX Collapse: Most Crypto Companies Aren’t Going to Be Around
5.12.2022
The CEO of Blackrock, the world’s largest asset manager, says that most crypto companies will not be around following the collapse of crypto exchange FTX. However, the executive is still optimistic about blockchain technology. Blackrock’s CEO on FTX’s Collapse and Future of Crypto...
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
4.12.2022
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry....
Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets
3.12.2022
The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract capital through coins and tokens. Uzbekistan...
Crypto Adoption: These Crypto Companies Just Partnered with Fintech Unicorn Stripe For Its Fiat-to-Crypto On-Ramp Solution
2.12.2022
Blockchain-based music streaming platform Audius, NFT marketplace Magic Eden, and crypto wallet provider Argent, along with 13 other crypto projects have partnered with Stripe to use its fiat-to-crypto on-ramp for instant settlement of crypto.
In a Thursday blog post, Stripe announced...
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
2.12.2022
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies...
New York proposes to charge crypto companies for regulating them
2.12.2022
The proposal is led by DFS Superintendent Adrienne Harris who is looking for public feedback on the move as the regulator looks to gain further oversight controls
Army Planned To Spend Millions On Twitch And Call Of Duty To Recruit Gen Z
2.12.2022
The U.S. Army’s gamer to soldier pipeline is hardly a secret at this point, but new documents show its recent, detailed plans to spend millions to recruit Gen Z through gaming-related sponsorships and ad campaigns. The partnerships ranged from Call of Duty Twitch streamers to sponsoring content...
NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York for Supervision Costs
1.12.2022
The New York Department of Financial Services (NYDFS) published a proposed regulation on Thursday that lays out how the state regulator would assess New York-regulated crypto companies for costs associated with their supervision
Bitget Takes on World Cup 2022 with Messi to Inject Confidence in Social Trading
1.12.2022
The leading exchange expands the team globally as Messi leads Argentina to the round of 16. World Cup 2022 in Qatar is one of the most expensive World Cups in history, with an estimated cost of $US 220 Billion invested, more than 15 times spent. According to Bloomberg, crypto and blockchain...
Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff
29.11.2022
With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the...
Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall
29.11.2022
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the causes of the downfall of the crypto exchange FTX, and that anyone looking...
Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies
28.11.2022
"We're looking to support teams building innovative open-source infrastructure that can accelerate the blockchain gaming space and foster collaboration," wrote Game7 in its FAQ
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
28.11.2022
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor...
Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation
27.11.2022
According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their refineries to the Bank of Ghana.” A gold-for-oil scheme is part of the Ghanaian...
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
25.11.2022
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched...
Latam Based Cryptocurrency Exchange Ripio Expands to US
25.11.2022
Ripio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies...
Sony Acquires 3D Animation Company Beyond Sports to Offer a Complete Sports Metaverse Experience
25.11.2022
Entertainment and electronics giant Sony has recently completed the acquisition of Beyond Sports, a company specializing in using real-world data to produce 3D animation. With this purchase, the company is now reportedly able to offer a full metaverse experience for sports matches, complete with...
Report: Big Game Companies Like Square Enix And Roblox Are Ignoring Climate Change
23.11.2022
AfterClimate, a research and consultancy business “on a mission to decarbonise the games industry”, have this week published the results of their “game industry net zero 2022 snapshot”, a report that takes a detailed look at how most of the world’s biggest video game companies are responding to...
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
22.11.2022
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult...