Bitcoin is about people, not price. While the U.S. continues to focus on bitcoin as an investment asset, other parts of the world are showing us the true use cases of Bitcoin. In countries like Argentina, El Salvador and Nigeria, Bitcoin is a means to financial inclusion. The emerging markets demonstrate that Bitcoin has the power to connect the unbanked…
press release PRESS RELEASE. Gaming is quickly becoming less about games and more about people. As people seek out engaging experiences online, the social element within games is increasingly the main attraction and a key selling point. The popularity of MMOs like WoW, Everquest, or Second Life can partly be attributed to the social factor. Market observers anticipate even higher…
The U.S. Securities and Exchange Commission (SEC) has reportedly launched a probe into major crypto exchange Binance’s U.S. arm regarding trading firms connected to Binance CEO Changpeng Zhao. According to a Tuesday report from the Wall Street Journal, the SEC is looking into the relationship between Binance.US and trading firms Sigma Chain AG and Merit Peak. The federal regulator has…
ConocoPhillips has one Bitcoin pilot project operating in North Dakota.The company is selling stranded gas to bitcoin miners in the Bakken, an oil-abundant region in the U.S.The setup allows the company to monetize gas that would otherwise be wasted while it reduces carbon emissions and enables a bitcoin miner to access cheap energy. Oil and gas giant ConocoPhillips has indirectly…
During its initial release, 10,000 CryptoPunks were sold and made it to the secondary market before users discovered a critical smart contract exploit that made it possible for Punks’ buyers to withdraw their Ether (ETH) post-purchase. As a result, creator Larva Labs withdrew recognition of the V1 collection, fixed the exploit, and released the V2 Punks collection we have now.…
The U.S. Securities and Exchange Commission is looking into the connection between cryptocurrency exchange Binance US and two trading firms linked to Binance founder Changpeng “CZ” Zhao—Sigma Chain AG and Merit Peak Ltd—according to a report today from The Wall Street Journal. Per the Journal’s anonymous sources, the agency wants to know the nature of Zhao’s involvement and whether the…
The blockchain firm Animoca Brands announced the company has partnered with the venture accelerator Brinc in order to launch a play-to-earn (P2E) Guild Accelerator Program. Both firms plan to dedicate $30 million over the next two years toward early-stage startups focused on expanding the global P2E ecosystem. Animoca Brands and Brinc Launch P2E Fund for Early-Stage Startups On February 14,…
On Tuesday, nonfungible token, or NFT, platform OpenSea launched a server on Metalink to give the verified owners of its collections a direct channel for support, feedback and updates. In addition, OpenSea said it would no longer offer customer support over Discord DMs. Metalink is a collaboration app for NFT communities that offers users a place to view their collection’s…
Mastercard is diving deeper into the world of cryptocurrency, announcing today it’s adding payments-focused consulting services for crypto and digital currencies, and that it may eventually help develop central bank digital currencies (CBDCs). The financial services giant said it its new offerings for banks and merchants will cover everything from cryptocurrency and NFT strategy to crypto cards and loyalty programs.…
It is not the first time the U.S. Securities and Exchange Commission (SEC) rejected proposals for a Bitcoin spot exchange traded product (ETP), but efforts continue to be made by different financial institutions. The recent attempt made by Cboe BZX Exchange on Jan. 25 to list the Fidelity Wise Origin Bitcoin Trust as a Bitcoin ETP has also failed. The…
