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The State Of Xbox And Game Pass In 2023
18.12.2023
On paper, Microsoft did what it needed to do in 2023 to improve on a quiet, somewhat empty 2022. But it also enacted layoffs and took some public beatings in court as it tried to become even bigger.Read more
The State Of The PlayStation 5
15.12.2023
A slick new VR headset, a “slim” console refresh, tons of flashy new accessories, and multiple exclusives, including the fastest selling PlayStation game ever, Spider-Man 2. The PlayStation 5 made big moves in 2023. So why does it feel like the console spent most of it resting on its laurels while...
Ripple Releases Framework on the Future of CBDCs Highlights Benefits and Challenges
15.12.2023
Source: AdobeStock / photo_gonzo Blockchain payment firm Ripple has rolled out a whitepaper on the state of Central Bank Digital Currencies (CBDCs), their utility in cross-border payments as well as challenges towards adoption in several jurisdictions. The framework published on Dec 14 explains...
Russia-China CBDC Payments May Debut in 2024 – Moscow
15.12.2023
Source:Iliya Mitskavets/Adobe A top Russian politician says that Moscow and Beijing could begin using their CBDCs – the digital ruble and digital yuan – to make payments as early as 2024. Per the news agency Tass, the comments came from Anatoly Aksakov, the head of the State Duma Committee on...
In Search of the Elusive Crypto Voter
14.12.2023
On Monday, a New Hampshire state representative asked a mostly-filled room at an industry campaign event to raise their hands if they were visiting from another state. More than half the people in the room raised their hands. These visitors had come to hear from industry representatives, state...
Bitcoin Technical Analysis: Key Indicators Point to a Consolidation Phase
13.12.2023
As of December 13, 2023, bitcoin’s price stands at $41,197, showcasing a dynamic interplay between various technical indicators. The cryptocurrency’s trading journey over the past 24 hours, oscillating between $40,712 and $41,957, highlights a state of cautious optimism among traders....
India to Consider Country-Specific Characteristics and Risks in Regulating Crypto: Finance Ministry
13.12.2023
Source: Pexels India’s Finance Ministry will consider country-specific characteristics and risks before implementing any measures related to crypto assets. Minister of State for Finance Pankaj Chaudhary, during a session in the Rajya Sabha, highlighted the significance of the New Delhi...
KuCoin to Shutter Services in New York After $22 Million Settlement Package – Here’s the Latest
12.12.2023
Source: Pexels The KuCoin crypto exchange is set to shutter its operations in the ‘Big Apple’ following an agreement with the Supreme Court of the State of New York County. Besides restricting access to its platform for New York residents, KuCoin has agreed to pay a $5.3 million fine...
Japan’s SBI Holdings and Saudi Aramco Explore Joint Digital Asset Ventures
12.12.2023
Source: Adobe Stock Japanese financial services firm SBI Holdings announced last Thursday that it has signed a memorandum of understanding (MOU) with oil giant Saudi Aramco for potential collaboration on digital asset investing. According to the document, SBI’s agreement with the state-owned...
Is It Too Late to Buy Injective? INJ Price Climbs 12% as Licensed Telegram Crypto Casino Goes Viral – How to Buy?
12.12.2023
INJ price climbs 12% to reach a new all-time high today amid a crypto market consolidation period. Image by Inkong Boutchalern, Vecteezy. The crypto market has entered the day in a state of cautious trading and consolidation after recent volatility. Bitcoin and Ethereum are seeing minor price...
KuCoin to Pay $22M, Exit New York to Settle State Suit
12.12.2023
The exchange will pay $5.3 million to the attorney general's office and refund New York customers $16.77 million
Argentina’s President Javier Milei Axes Ministries; ‘There Is No Money’
12.12.2023
Javier Milei, the president of Argentina, fulfilled his promise of reducing the number of ministries of the country in one of the first executive orders of his administration. The number of ministries was reduced to nine, as the state needs to cut expenses by making adjustments targeting...
Indian Government Confirms Commitment to Supporting Web3 Startups
9.12.2023
The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the innovators and innovation from India create the future of Web3...
US States Collaborate to Drive Blockchain and Cryptocurrency Adoption
8.12.2023
Source: AdobeStock While United States federal policymakers look to implement cryptocurrency and blockchain regulations, state-led organizations are taking initiatives to ensure that policy focused on cryptocurrency and blockchain adoption pass within the U.S. This is important to consider given...
Bitcoin Technical Analysis: A Lull in Bullish Activity as BTC Enters Consolidation
8.12.2023
As bitcoin stabilizes near $43,654, its market dynamics reveal a mixture of optimism and caution. Oscillators are currently in a neutral to bearish state, and moving averages are indicating a robust buying trend, creating a complex scenario for investors. Bitcoin Presently, bitcoin’s price...
Blockchain Firm LayerZero Labs to Launch Native Token in 2024
8.12.2023
Source: Adobe Vancouver-based blockchain infrastructure provider LayerZero Labs is coming up with its native token launch in the first half of 2024. In a post on X (formerly Twitter), the company noted that it has heard the crypto community’s speculation regarding the lack of communication on...
Parliament of India Holds Discussion on Future of Web3
7.12.2023
Source: Pixabay The lower house of the Indian Parliament, Lok Sabha, held a discussion on the importance of web3 and blockchain sector in India on December 6. Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, emphasized the importance of Web3 and Blockchain...
New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities
7.12.2023
A bill has been introduced in the U.S. state of New Jersey to classify all cryptocurrencies issued and sold directly to institutional investors as securities. In contrast, the U.S. Securities and Exchange Commission (SEC) has previously stated that bitcoin is not a security, but SEC Chairman Gary...
Blackrock’s Spot Bitcoin ETF Filing Update Addresses Potential Classification of BTC as a Security by SEC
7.12.2023
Blackrock, the world’s largest asset manager, has warned in its latest spot bitcoin exchange-traded fund (ETF) filing update of the potential for bitcoin to be classified as a security by the U.S. Securities and Exchange Commission (SEC), state regulators, or court rulings. “If...
The Most Influential Folks in Crypto Regulations
6.12.2023
CoinDesk published its annual Most Influential list (it's not a ranking, except for the top 10 being maybe more influential than the other 40). I wrote a few pieces (I had nothing to do with the art and didn't know about it when I wrote the pieces), as did my CoinDesk reg team colleagues, but...