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Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

17.4.2022
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of...

NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles

16.4.2022
This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league, the goal is to showcase “all things intersecting basketball and Web3, including NFTs...

Bitcoin spot vs. futures ETFs: Key differences explained

16.4.2022
Crypto enthusiasts and the government have long contended over the Bitcoin ETF. Let’s examine Bitcoin spot vs futures ETFs

New Tencent Digital Yuan Wallet Preparing to Launch

16.4.2022
First images have emerged of specialized digital yuan wallets provided by the Tencent-run e-pay platform WeChat Pay. Although the wallets are still in what appears to be beta testing and are not yet fully functional, some media outlets – such as Sina – appear to have been able to open wallets...

Yield App’s New Referral Program Offers a Massive Bonus

16.4.2022
Yield App, a thriving digital wealth platform, recently unveiled its hotly anticipated Referral Program and it was worth the wait. With up to 1,000 $YLD (more than $200 at the current price) available for both the referrer and the new customers being referred, it is easily one of the most lucrative...

Winning a Bid of 12 Digital Zodiac Heads Helps Justin Sun Become a Leading NFT Collector

14.4.2022
Justin Sun, born in the year of Horse (1990), is a Y-generation crypto tycoon. Recently, he made an order for another NFT work—a complete set of twelve Chinese Zodiac Heads, which was put on the Twelve Digital Zodiac Heads Special Auction hosted by Metapoly XM, a brand under Poly Auction (Xiamen)...

South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem

14.4.2022
An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem...

BoJ official says digital yen won’t be used to achieve negative interest rate

14.4.2022
The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates

Guy Buys NFT For $2.9 Million, Asks for $48 Million, Is Offered $3600

14.4.2022
Sina Estavi is a “crypto entrepreneur”, who last year bought a digital token representing Twitter founder Jack Dorsey’s first ever tweet. He paid $2.9 million for it, and this month sought to make good on his “investment”, putting it up for auction with an expectation it could net him $48 million....

Blockchain.com Inks Sponsorship Deal With the NFL’s Dallas Cowboys

14.4.2022
On Wednesday, the firm Blockchain.com announced it inked a deal with the NFL’s Dallas Cowboys as the team’s “exclusive digital asset partner.” The deal will bring Blockchain.com a great deal of exposure in terms of television, signage, and radio and the digital currency...

Modder Makes Ridiculous Upgrade To Steam Deck To Play Witcher 3 On Max Settings

13.4.2022
Want to get The Witcher 3 and Grand Theft Auto V running at 60 fps in 4K on the Steam Deck? You can, as long as you’re willing to spend a lot of money to Frankenstein Valve’s latest PC gaming device in the process.Read more

Mozilla to Reinstate Crypto Donations — Organization Will Not Accept Proof-of-Work Cryptocurrencies

13.4.2022
During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a proof-of-stake (PoS)...

PolySign to Buy Digital Asset Fund Administrator MG Stover for Cash and Stock

13.4.2022
MG Stover administers over $40 billion in digital assets for institutional clients such as hedge funds, private equity and venture capital funds

Central Banks Struggle With Privacy-related CBDC Headaches

13.4.2022
As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust...

Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

13.4.2022
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as...

Bungie Going 'Digital-First', Many Future Roles Will Be 'Fully Remote'

13.4.2022
Like pretty much everything else on the planet, the pandemic has knocked the video game industry on its ass. But while game delays, console shortages and under-cooked releases have been the main issues facing players, those actually making the games have faced the same obstacles many of us have;...

A Spot Bitcoin ETF Still Seems Unlikely

12.4.2022
Several bitcoin futures exchange-traded funds are now trading, with more to come. A spot bitcoin ETF remains elusive. Industry proponents hope that the recent approval of a futures ETF filed under the same law that governs spot bitcoin ETF applications may be a hopeful sign, but the SEC has...