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Standard Chartered Bank Enters the Metaverse
26.4.2022
Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.” Standard Chartered Bank Forays Into the Metaverse...
Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota
25.3.2022
Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the matter. The report states that the oil giant is partnered with the firm Crusoe Energy Systems,...
How are cryptocurrency taxes reported?
3.3.2022
Cryptocurrencies and NFTs are viewed differently than other investments by the IRS, making for a complex tax landscape
Terra price gains 75% in February as $2.57B in LUNA tokens removed from supply
1.3.2022
The token burn appears as the supply of UST, Terra's stablecoin, rises by nearly 14.75% in the month
Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors
28.2.2022
Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also...
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....
Survey Says Developers Are Definitely Not Interested In Crypto Or NFTs
24.1.2022
Every year ahead of the actual Game Developers Conference the show’s organisers run an industry survey, polling creators around the world on what’s happening and what could be happening in the games business. With 2022 promising to be a tumultuous 12 months, this year’s results are perhaps a...
Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’
22.12.2021
Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether...
Mutual Bank in New Jersey to Give Customers the Ability to Buy, Sell and Hold Cryptocurrency
21.12.2021
Manasquan Bank, a mutual community bank in New Jersey serving residents since 1874, has announced it is partnering with the company Bakkt to give its retail clients the ability to buy, sell and hold cryptocurrency through the bank’s mobile banking application. Manasquan Bank to Give...
Indian state government to accredit Web2 and Web3 blockchain startups
20.12.2021
Telangana will launch the blockchain accelerator program in partnership with CoinSwitch Kuber and Lumos Labs
Keanu Reeves Calls NFTs 'Easily Reproducible,' Says He Owns Crypto
13.12.2021
Canadian actor and the star of the 'Matrix Trilogy' Keanu Reeves expressed skepticism about non-fungible tokens (NFTs) and digital ownership during an interview with The Verge.
When asked about his view on NFTs and the concept of digital scarcity, Reeves said they can be easily replicated...
Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows
9.12.2021
Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to trade SHIB against the U.S. dollar and the euro. The announcement came as more trading platforms are listing shiba inu and more stores are accepting the meme crypto for payments....
Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’
30.11.2021
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business...
Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative
21.11.2021
The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a recent interview, Ren explained her interest in crypto is fueled by the socialite’s...
Iris Scanning Worldcoin Idea Fuels Objections From Privacy Advocates — Snowden Says ‘Don’t Catalog Eyeballs’
25.10.2021
During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project...
Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’
23.10.2021
The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and even more so these days as the crypto asset crossed its all-time price high. After the Proshares exchange-traded fund (ETF) launched on the New York Stock...
‘Free coin to everyone’ project aims to make 1B crypto owners in 2 years
21.10.2021
Backed by a16z and co-founded by Sam Altman, Worldcoin will give free crypto in exchange for an eye scan
JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump
21.10.2021
JPMorgan strategists say that interest in the newly launching BITO Bitcoin ETF could cool after a week or so
Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’
21.10.2021
On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto...
Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
17.10.2021
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces...