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Microsoft Looks To Hybrid Work, Gaming To Boost Its Metaverse Coverage
26.1.2022
Microsoft is aiming to benefit from the rapid spread of hybrid work, looking to extend its presence within the social connection-focused virtual world to companies whose employees are working remotely. The company also seems determined to use its forthcoming acquisition of game developer...
FTX US Gets USD 400M Boost to Compete With Coinbase, Binance, Kraken & Co in US
26.1.2022
The crypto exchange heavyweight FTX’s subsidiary FTX US raised USD 400m in a Series A investment round that it says values the firm at USD 8bn and adds fresh capital to compete with other American exchange rivals such as Coinbase, Binance US, and Kraken....
Read More: FTX US Gets USD 400M Boost...
New Payment System Seeking to Bolster Intra-African Trade Goes Live
22.1.2022
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system...
High Oil Prices Boost Commodity Currencies, Dollar Rally Stalls
20.1.2022
An overnight change of fortune has resulted in a hike in commodity currencies like Canadian and Australian dollars. The hike was caused by a sudden surge in the price of oil which in turn supported the aforementioned currencies to take a firm hold in the market. The US dollar, however, came to...
Tesla Boost is Now Nearly Erased; What’s Next For Dogecoin?
17.1.2022
The price of Dogecoin is sinking after the Tesla-induced boost, and investors are booking their profit. In the last year, the coin boosted massively. In the last 24 hours, the Dogecoin market price fell by around 4%. While the overall crypto market looks stable, the profit booking of DOGE investors...
Kingdom Karnage Raises $2M From Animoca Brands, Enjin and DFG to Boost GameFi Features
14.1.2022
PRESS RELEASE. United Kingdom — January 13th, 2022 – Kepithor Studios has announced a set of innovative new GameFi mechanics coming to its turn-based NFT battle game, Kingdom Karnage. The game will introduce new play-to-earn opportunities for its players, powered by its upcoming...
Institutional investment will boost Bitcoin to $75,000, says SEBA CEO
13.1.2022
“We believe the price is going up. Our internal valuation models put the price per BTC right now of between 50,000 to 75,000,” says Guido Buehler, CEO of Seba Bank
Bitcoin & Crypto Mining Gets Another Latin American Hydroelectric Power Boost
12.1.2022
The future of Bitcoin (BTC) and crypto mining could involve a move away from coal and Asia – and toward hydroelectric energy and the Latin America region, with a Costa Rican power plant now feeding electricity to “hundreds” of mining rigs....
Read More: Bitcoin & Crypto Mining Gets Another Latin...
Political Boost May Be on the Horizon for South Korean Metaverse, P2E, NFT Champions
11.1.2022
South Korean metaverse and crypto gaming projects could get a massive boost in the weeks ahead – if the results of the next general election go their way, and provided politicians make good on their promises....
Read More: Political Boost May Be on the Horizon for South Korean Metaverse,...
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
Paypal Coin: Payments Giant Explores Launching Stablecoin to Boost Crypto Offerings
9.1.2022
Paypal is reportedly working on a stablecoin backed by the U.S. dollar to expand its cryptocurrency offerings. “We will, of course, work closely with relevant regulators,” the company stressed. Paypal Is Exploring Launching Its Own USD-Backed Stablecoin Paypal Holdings Inc....
Institutional Investors Say SEC Having More Power to Regulate Crypto Will Boost Prices
8.1.2022
Institutional investors are optimistic about the U.S. Securities and Exchange Commission (SEC) having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is granted extra powers, the prices of cryptocurrencies will be positively impacted. What Institutional...
Report: Pakistan Likely to Earn Billions From Cryptocurrency
6.1.2022
According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to create the appropriate regulatory framework for crypto assets. Cryptocurrencies Could Boost Reserves...
Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits
2.1.2022
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability...
China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto
22.12.2021
Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative, which comes amid an ongoing crypto crackdown, is seen as a boost for blockchain, the technology that also underpins cryptocurrencies....
Bitcoin hits $49K as BTC price gets unlikely boost from Erdogan's Turkish lira tinkering
21.12.2021
The man who declared "war" on crypto in September helps fuel snap overnight gains
Twitch's 'Pay-To-Win' Boost Feature Doesn't Actually Help People, Surprising No One
15.12.2021
It seems Twitch’s controversial “pay-to-win” Boost feature is a bust. There was no positive impact for streamers who took part in a test of the Boost feature, according to a data analyst who crunched the numbers. Read more
Dogecoin Soars After Elon Musk Announces Tesla Will Accept DOGE
14.12.2021
Dogecoin got a boost Tuesday morning when Elon Musk announced that Tesla will be accepting dogecoin for some products. Musk has just been named Time Magazine’s Person of the Year and said that DOGE is more suitable for transactions than bitcoin. Tesla Will Begin Accepting Dogecoin Tesla...
Robinhood Turns to Chainalysis to Boost Compliance Ahead of Crypto Wallet Launch
13.12.2021
Popular trading platform Robinhood has partnered with blockchain data platform Chainalysis to meet compliance requirements. Robinhood is preparing to launch its wallet, which has a waitlist of more than 1.6 million users. Robinhood Partners With Chainalysis for Compliance Blockchain data analytics...
Experts Believe a Common African Cryptocurrency Can Boost Trade and Sustain Growth After Covid-19
9.12.2021
Some economic experts from Africa have suggested that the continent now needs a common cryptocurrency and an integrated capital market to boost trade and sustain growth. The Importance of a Common Crypto Experts on the African economy have argued that a common cryptocurrency along with...