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FinCEN Chief Digital Currency Adviser Korver Departs for A16z as Head of Regulatory
15.3.2022
Michele Korver, a government and law-enforcement veteran who was most recently chief digital currency adviser at FinCEN, is joining Andreessen Horowitz (a16z) as its new head of regulatory
LimeWire and Algorand to Relaunch Digital Collectibles Marketplace
15.3.2022
LimeWire announced that it would soon relaunch its digital collectibles in the NFT marketplace. For this purpose, it has partnered with Alogrand Blockchain. The energy-efficient network was the prime choice for LimeWire to proceed with the relaunch of its collectibles because of its reputation...
China’s Digital Yuan App Gets Update as Police Deal with First-Ever CBDC ‘Fraud’ Case
15.3.2022
The central People’s Bank of China (PBoC) has added new functionality to its pilot digital yuan app – but it appears that some citizens are already trying to commit crimes using the new token, and have attempted to use it to launder money.
Per IT Home, the PBoC’s app, which debuted in 11 cities...
Digital Assets Can Boost Revenue Streams for Sports Teams, PwC Says
14.3.2022
Token sales and metaverse events have the potential to become major revenue streams for teams and leagues
G7 Countries: We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions
14.3.2022
The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading or offsetting the impact of international sanctions.” Meanwhile, the U.S. Treasury...
Warren Spector Thinks NFTs are 'Ridiculous' And Not A Good Idea
13.3.2022
Remember NFTs? Y’know, those weird digital receipts vaguely attached to terrible-looking images of monkeys and apes that people have spent millions of dollars on over the last year or so. Well, while it seems many have moved on, Warren Spector is here to remind us all that they are still very...
Here’s how DAOs are making digital land more accessible to Metaverse denizens
13.3.2022
The Metaverse calls, but the digital land has priced out many aspiring inhabitants. Here’s what DAOs are doing to make life in the Metaverse more accessible
Sunday Comics: Good Idea
13.3.2022
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry
12.3.2022
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s...
Someone Has Now Finished Elden Ring In Under 37 Minutes
12.3.2022
Prolific and experienced Dark Souls speedrunner Distortion2 continues to set new speedrunning records in Elden Ring. He has now beaten Elden Ring in under 37 minutes, which could possibly be the new record for the fastest completion time.Read more
In defense of crypto: Why digital currencies deserve a better reputation
12.3.2022
Crypto’s mainstream acceptance is almost already here, but many people still have unfounded fears we have to overcome
PwC report calls NFTs 'the future of digital assets in sports'
12.3.2022
The report asserts that digital assets can fundamentally alter how fans consume sports and interact with their favorite teams
Citi’s digital asset co-heads resign with plans to create crypto startup
12.3.2022
This move follows various other banking veterans making the change from Wall Street to crypto ventures
Valkyrie Investments‘ Leah Wald on Bitcoin ETFs and the future of digital assets
11.3.2022
Valkyrie Investments CEO Leah Wald opens up on the importance of Bitcoin ETFs and why the traditional financial world should pay attention to digital assets moving forward
South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry
11.3.2022
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must...
Bank of Uganda Reportedly Commences CBDC Study
11.3.2022
The Bank of Uganda (BOU) has commenced a study that explores the feasibility of issuing a digital currency. However, an executive with the institution warned that the central bank needed to be clear why it must have this in the first place. Faster Movement of Money The Ugandan central bank...
eBay to Launch ‘Digital Wallet’, Teases 'Fractionalization'
11.3.2022
The e-commerce heavyweight eBay has claimed that it is exploring the option of adding “new forms of payment” and will launch a digital wallet in the second quarter of the financial year – but has stopped short of announcing any crypto pay-related developments. Meanwhile, the company also made...
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector
11.3.2022
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee crypto activities and related service providers. Crypto Sector Regulated in Dubai The emirate of Dubai has adopted its first law to regulate crypto assets and established...
China’s Digital Yuan Targeted in New Bill From Nine GOP Senators
10.3.2022
The Say No To the Silk Road Act stems from not only the well-known privacy concerns around the Chinese CBDC, but also from worries it could be a tool to evade sanctions
Warner Bros. to Launch Hybrid Physical and Digital DC Comics-Themed NFT Trading Cards
10.3.2022
The multinational mass media and entertainment conglomerate Warner Bros. has announced the firm is working with Cartamundi Group in order to launch DC Comics-themed hybrid trading cards. DC multiverse fans can leverage the Hro application in order to gain access to their favorite DC superheroes...