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Ikea Is Serious Enough To Attend Japan's Biggest Gaming Expo
30.9.2021
This 2021 Tokyo Game Show, like last year’s, is an online affair. There is a teeny tiny in-person area with miniscule booths. The public is not allowed in, and even Sony doesn’t have a booth. But you know who does? Ikea. Read more
‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
30.9.2021
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very...
Small business advocacy group recommends US congress 'clarify the status of digital assets'
27.9.2021
“We encourage market participants looking to determine whether a digital asset is a security to seek the advice of securities counsel and engage with FinHub staff,” said the SEC
Fintech Firm Centbee Graduates From South African Regulatory Sandbox
24.9.2021
Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory...
Rich Dad Poor Dad Author Calls Evergrande a ‘House of Cards’ While China’s Officials Prep for Firm’s Demise
23.9.2021
The world is still focused on the financial downfall of China’s real estate giant Evergrande and according to Chinese authorities have told the private sector to get “ready for the possible storm.” Reports show that even though the People’s Bank of China already provided...
Amber Group Eyes US Listing 'Next Year or the Year After' – CEO
23.9.2021
Morning Post that a direct listing is “definitely on the table probably next year or the year after” and that “The US is a likely destination, but we’re open-minded.”The four-year-old company, which also offers crypto-based lending and borrowing services, is managing USD 1.5bn in digital asse
Canal+ Group získá většinový podíl v SPI International
22.9.2021
Provozovatel televizní stanice Filmbox bude mít nového většinového vlastníka. 70% podíl ve společnosti SPI International koupila Canal+ Group. Manažerský tým a provozní struktura zůstanou stejné. „Mnoho let jsme fungovali jako strategičtí partneři, vybudovali si vzájemnou spolupráci a pomáhali jsme...
Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG
22.9.2021
Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in...
NFT Fantasy Football Platform Sorare Raises $680 Million in Series B Led by Softbank
21.9.2021
On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare...
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
20.9.2021
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit...
Deathloop’s Villain Group Chat Is A Perfect Mess
17.9.2021
Deathloop does a lot of things right. One of those things is chat logs. When you’re not going on a murder spree, you’re reading through the private DMs of those you just killed. Arkane has done a superb job of imbuing its villains with flair and personality from beyond the grave, thanks to one...
Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction
17.9.2021
According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption...
Sir Clive Sinclair, Father Of Home Computing, Dies Aged 81
17.9.2021
It’s hard to overstate the importance of Sir Clive Sinclair’s role in the world of computing. His inventing the ZX Spectrum home computer in 1980 radically changed the masses’ perception of and access to computers, creating a path for not only gaming, but also the creation of games, by millions....
Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital
17.9.2021
Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give...
Ikea's New Gaming Collection Looks Pretty Good
17.9.2021
While people have been using Ikea stuff in the gaming space forever—right now I’m sitting on an Ikea office chair and using an Ikea desk—the Swedish company has never gone to the trouble of releasing dedicated gaming furniture before. That’s about to changeRead more
Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors
14.9.2021
DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto...
Russian Central Bank Tells Domestic Banks to Block Crypto Exchange Transactions
13.9.2021
gal business activities” such as “cryptocurrency exchanges,” which it clumped together in the same group as “online casinos and lotteries,” “financial pyramid schemes” and forex dealers.The central bank said it wanted domestic financial institutions to “block transactions” and “completely sto
Chinese Gaming Giants Lose Eight Bethesdas In Value Amid Government Crackdown
9.9.2021
Bloomberg reports that the value of China’s largest gaming companies, Tencent and NetEase, plummeted dramatically during an overnight stock selloff, resulting in losses totaling more than $60 billion between the two. To put that in perspective, that’s about eight times what Microsoft spent...
Blockstream and Macquarie Group launch Bitcoin mining pilot program
8.9.2021
The BTC mining industry is getting a makeover as miners shift their focus to ESG, or environmental, social and governance, initiatives
Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico
8.9.2021
Ricardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas made the announcement yesterday via Twitter. This would allow residents of...