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Epic Games' Messy Bandcamp Sale Ends With Mass Layoffs


“Music is healing,” the late musician Prince once said. Bandcamp co-founder Ethan Diamond told NPR in 2020 that the point of the independent digital music platform he was building was to bring that power of healing to everyone. Many current Bandcamp employees are going to need it. Epic Games, which...

Russian Business Titan Sber to Join Digital Ruble Pilot


Russia’s Sber, the operator of Sberbank, says it will join the Central Bank’s digital ruble pilot, in a major coup for the nation’s CBDC. Vedemosti reported that Sber’s influential CEO, the former Economy Minister Herman Gref, said his firm “will definitely” join a “second wave” of banks that will...

China Opens Digital Yuan Park in Shenzhen


Shenzhen has become home to an industrial park established to promote China’s central bank digital currency (CBDC). Several financial companies are already settling there, the Chinese megacity announced while unveiling almost a dozen initiatives to boost the digital yuan use in the region. Shenzhen...

Madeira Launches Bitcoin Business Hub to Drive Regional Innovation


The President of Madeira, Miguel Albuquerque, alongside Prince Filip of Serbia, officially announced the establishment of a Bitcoin business hub to promote innovation in the region.  This announcement was made earlier today during a fireside chat on the second day of the Bitcoin Amsterdam 2023...

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