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VanEck files for new ETF to track crypto and gold mining companies
8.3.2022
The ETF will track securities in an index that measures the performance of gold mining and digital assets mining firms, according to the filing
Microsoft, Activision Blizzard, Ubisoft And Epic Games Join Legions Suspending Russian Sales
7.3.2022
This weekend, Activision Blizzard, Microsoft and Epic Games announced that they were suspending their services in Russia, due to the ongoing invasion of Ukraine. They join big names like Netflix, EA Games and CDPR in essentially boycotting the country over its illegal war.Read more
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
7.3.2022
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country....
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia
6.3.2022
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response...
Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities
5.3.2022
The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects...
South African Mobile Network Operator MTN Buys Land in the Metaverse
2.3.2022
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital...
Decentralized Lending Protocol Adalend Listing On: ADAPad, BSCPad, ETHPad, VelasPad, PulsePad Launchpads
1.3.2022
While cryptocurrency and blockchain technology is still relatively new, they have been rapidly growing, with companies taking advantage of this new, innovative, and disruptive technology that is reshaping many industries, namely the financial sector. The lending industry is currently...
SEC to Crypto Companies: There Are Benefits to Self-Reporting Violations and Working With Us
1.3.2022
The U.S. Securities and Exchange Commission (SEC) has revealed that there are benefits for cryptocurrency companies to self-report their violations of securities laws to the regulator. While noting that there will be no amnesty, the SEC enforcement director said, “We’ll view their...
Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says
27.2.2022
Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine....
Crypto Companies Increasing Efforts To Help Ukrainians, Crypto.com and Blockchain.com Join In
26.2.2022
As Vladimir Putin pushes unrelentingly to overtake Ukraine, numerous segments of the wider society have stepped up to do what they can from their side to help the people of Ukraine, including crypto companies.
Just a couple of days ago, major crypto exchange FTX said it gave out USD 25 to each...
Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
24.2.2022
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin...
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils
24.2.2022
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto...
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
23.2.2022
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...
FTX Launches Gaming Unit to Offer Crypto Services to Other Companies
23.2.2022
FTX, a leading cryptocurrency exchange, has announced it will enter the gaming field. The company revealed it is launching its own gaming unit to focus on lending crypto services to gaming companies, acting as a middleman. This means that the exchange will support other companies launching tokens...
Microsoft Started Activision Acquisition Talks Three Days After Bombshell Harassment Report
19.2.2022
On November 16, 2021, a report was published that claimed Activision CEO Bobby Kotick was well aware of harassment happening within his company. It also alleged that he himself mistreated women, both inside and outside work. Now, new docs reveal that three days later, Xbox head Phil Spencer called...
UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards
19.2.2022
The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing system will attract big companies to the region....
Report: Bobby Kotick Has Two Secret Companies Making Big Republican Donations
17.2.2022
Yes, you read that right. CNBC recently uncovered that Activision Blizzard CEO Bobby Kotick established not one but two secret companies through which he donated hundreds of thousands of dollars to political campaigns.Read more
As Billions Fly, Ubisoft Analyst Just Wondering Why Nobody Wants To Buy It
17.2.2022
With three massive game industry acquisitions this year already, everyone’s wondering what will happen to the few big publishers and studios left. Chief among those question marks is Ubisoft, the Assassin’s Creed maker currently struggling to make new hits. Amidst delays and employee frustration...
Platinum Games On NFTs: "No Positive Impact" And "Zero Interest"
17.2.2022
These days, it seems like so many game companies are interested in NFTs. So while Konami is rushing into the NFT space, don’t expect Platinum Games to follow suit.Read more
Hollywood Star Ryan Reynolds on Crypto: ‘It’s Emerging as a Huge Player’
17.2.2022
Famous actor Ryan Reynolds says crypto is “emerging as a huge, huge player.” The Hollywood star added that “companies are doing a good job of bringing it into a sort of safer, more mainstream light.” Ryan Reynolds Sees Crypto as a Huge Player Hollywood actor Ryan...