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Way Too Many Games Were Released On Steam In 2023


Steam is by far the most peculiar of online storefronts. Built on top of itself for the last twenty years, Valve’s behemothic PC game distributor is a clusterfuck of overlapping design choices, where algorithms rule over coherence, with 2023 seeing over 14,500 games released into the mayhem. Which...

2024: The Year AI and Crypto Converge – Major Boom Incoming?


Source: Adobe / Yan As we approach 2024, analysts foresee a convergence of artificial intelligence (AI) and web3 technologies leading to a flourishing subsector within the crypto space. The maturation of both AI and crypto has paved the way for innovative developments that could redefine...

Grayscale Submits Bitcoin ETF Filing with SEC to Adopt Cash Redemption Model


Source: DALL·E Grayscale has submitted an updated filing to the Securities and Exchange Commission, paving the way for its GBTC to transition into a spot Bitcoin exchange-traded fund (ETF) with the adoption of a cash redemption model. According to Bloomberg Intelligence ETF research analyst James...

Tim Draper Expects Bitcoin Price to Hit $250,000 in 2024


Venture capitalist Tim Draper has doubled down on his $250,000 bitcoin price forecast. “I would say that my number $250,000 will probably come pretty soon,” he emphasized, predicting that if the price of bitcoin hits $250,000, “it’ll go way past it.”...

Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary


FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital Markets Ltd., amid ongoing liquidation proceedings. This agreement, pending court approval, promises a novel approach to handling the complex legal challenges stemming from...

Government of Russia Eyes Commodity-Like Crypto Exports


The government of Russia might allow crypto miners to sell their cryptocurrency like other exports such as gas. Ivan Chebeskov, deputy minister of finance, specified that this option was part of a bill to legalize cryptocurrency mining introduced in 2022, that could allow miners to proceed with...

Coinbase, Conio, Partner to Provide Crypto Services to Italian Banks


Source: AdobeStock / gguy Cryptocurrency wallet firm Conio, partly owned by Poste Italiane and Banca Generali, has partnered with Coinbase to give Italian banks and financial institutions access to digital assets. Conio said it has added Coinbase Prime as a liquidity provider and the agreement...

IBM Unveils New Cold Storage Technology for Enhanced Crypto Asset Security


Source: DALL·E IBM has announced the release of latest technology designed to enhance the security of cold storage for digital assets, aiming to revolutionize the way cryptos are managed and protected. The IBM Hyper Protect Offline Signing Orchestrator (OSO) is specifically developed to overcome...

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