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71% of high net worth individuals have invested in digital assets: Survey
16.6.2022
A new survey suggest most of the world's wealthiest have invested in digital assets and wealth management firms have been advised to prioritize providing education and advice
Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’
16.6.2022
Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.” Bill Gates on Crypto and NFTs...
Russia Developing Sandbox for Cross-border Crypto Payments
15.6.2022
An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments...
ECB may cap digital euro at 1.5T tokens — Executive board member
15.6.2022
"Keeping total digital euro holdings between one trillion and one and a half trillion euro would avoid negative effects for the financial system,” said Fabio Panetta
One in Seven Wealthy People Now Owns ‘Digital Assets’ – Survey
15.6.2022
A new report has found that global high-rollers are spending more money than ever on crypto, which has become “an essential part” of rich individuals’ investment portfolios.
The claim was made in a wealth management study from Capgemini, a Paris, France-based IT services and consulting company....
Atlantic Council looks at how to maintain central bank digital currency cybersecurity
15.6.2022
The thinktank looked at the interplay of performance, security and privacy in possible CBDC designs and made recommendations for optimizing it
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
15.6.2022
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400...
ECB Would Limit Digital Euro to Maximum 1.5T, board member says
15.6.2022
The European Central Bank (ECB) provided an update on its plans for a central bank digital currency (CBDC) to the European Parliament’s Committee on Economic and Monetary Affairs
Russian bank Sber to complete its first digital currency deal
15.6.2022
Sber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021
Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians
15.6.2022
Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial support. Binance Announces...
Bill to ban digital assets as payment passed the first reading in the Russian parliament
15.6.2022
The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate
SEC boss worries crypto bill undermines financial protections
15.6.2022
A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”
Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in
15.6.2022
Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come
The Gran Turismo Movie Actually Has A Plot
15.6.2022
Gran Turismo is a video game series entirely devoid of character. That’s not a criticism, just a fact: it wants to be a glossy car brochure, not tell a story, and it’s an approach that has served the games well over the decades. Now that Hollywood is making a Gran Turismo movie, though, that could...
The Last Of Us Remake Is Extremely Detailed, But Does It Matter?
14.6.2022
For their latest trick, the pixel-analyzing masters at Digital Foundry picked a hot-button item: The Last of Us Part I. Though the question at the core of Part I—does this need to exist?—is still very much in play, you can’t deny a glow-up when you see one.Read more
Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...
Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
14.6.2022
Despite crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets
Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity
13.6.2022
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital...
Russian Parliament to Review Bill Prohibiting Crypto Payments
13.6.2022
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use...
Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July
11.6.2022
The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the U.S. dollar, as the top cryptos have lost 50% to more than 80% from their all-time...