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Go Into Hibernation With Steam’s Giant Autumn Sale
22.11.2022
Valve’s massive autumn Steam sale is officially underway and includes steep discounts on some of the best and biggest PC games, from atmospheric adventure In Other Waters to action Souls-like Sekiro: Shadows Die Twice. Now’s the time to fill in any major holes in your gaming library and expand your...
Bitcoin Mining Giant Core Scientific Ended October with $32M in Cash
22.11.2022
Core Scientific said it might run out of cash before the end of the year and lawsuits are piling up
Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says
22.11.2022
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow
Pension Giant Ontario Teachers' Plans to Write Off All $95 Million Invested in Crypto Exchange FTX
18.11.2022
FTX investment represented less than 0.05% of Ontario Teachers' total net assets
Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market
18.11.2022
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from...
FTX will be the last giant to fall this cycle: Hedge fund co-founder
18.11.2022
This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests
Apple Could Be Developing Its Own Metaverse Platform
17.11.2022
Tech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (AR). One of the job listings calls explicitly for engineers experienced in the development of a “3D mixed-reality...
Esports Giant TSM Suspends $210M Partnership with FTX
16.11.2022
It’s the latest sponsorship deal to fall through since the troubled crypto exchange’s surprise bankruptcy filing last week
DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Osmosis
16.11.2022
MakerDAO’s new tech, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s jam-prone base layer
Visa Terminates Agreements With Bankrupt Crypto Exchange FTX
15.11.2022
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s...
Oil Giant Shell Makes Move Into Bitcoin Mining Industry – Here’s What You Need to Know
11.11.2022
One of the largest oil and gas companies in the world, Shell, aims to offer its lubricant and cooling solutions to bitcoin (BTC) miners.
The giant will sponsor the 2023 and 2024 Bitcoin Conferences, as it signed a two-year partnership with Bitcoin Magazine, the events’ organizer....
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Japanese Tradfi Giant Nomura’s Crypto Arm to Launch Coin Trading Platform
11.11.2022
The Japanese tradfi giant Nomura is set to launch crypto trading platform for professional traders by early 2023 – as the firm looks to ramp up its crypto operations.
Nomura recently announced the launch of a crypto-focused firm named Laser Digital. This new subsidiary also operates a sub-unit...
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
10.11.2022
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this...
FTX Exposure Limited, Says Venture Capital Giant Sequoia
10.11.2022
In a note to Limited Partners, Sequoia says it invested just over $200 million in FTX via two funds
UK Asset Management Giant Abrdn Leads Archax $28.5M Funding Round
9.11.2022
Abrdn, one of the U.K.'s biggest asset-management firms, has backed a $28.5 million Series A funding round into digital asset exchange Archax. Abrdn became the firm's largest external shareholder earlier this year
Crypto Custody Firm Copper Inks $500M Insurance Deal With UK Giant Aon
9.11.2022
The agreement provides cover against employee collusion, third-party theft and physical loss or damage of digital assets held by the London-based company
Largest Japanese Bank MUFG Projects to Offer Financial Services in Metaverse by 2023
9.11.2022
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on air transportation companies, to be part of ANA’s Granwhale metaverse, and explore the possibility...
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round
5.11.2022
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan...
7 Startups Join Mastercard Program to Make Cryptocurrency More Accessible
5.11.2022
Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We’re welcoming a new cohort of startups to ease access to digital assets, build communities for creators and empower people to innovate for the future through Web3...
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
3.11.2022
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s...