This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores crypto assets and non-fungible tokens (NFTs). Furthermore, the wallet utilizes Loopring’s layer two (L2) ZK-rollup technology…
Month: May 2022
Genomics company explores NFTs in hopes of advancing precision medicine
It’s predicted that nonfungible tokens (NFTs) will have a vast impact on society. Given this, it shouldn’t come as a surprise that the trillion-dollar healthcare sector has begun to explore NFTs tokens to advance medicine. It’s also important to point out that blockchain technology can play an increasingly important role within the healthcare sector. This was recently highlighted in a…
Bank of England Governor Says Bitcoin Isn’t Practical
Andrew Bailey, Governor for the central Bank of England, appeared on the Jobs of the Future podcast to discuss bitcoin and the future of currency.Bailey explained he believes bitcoin has no intrinsic value and will not become a widely used form of digital currency.The governor also claims the underlying technology of bitcoin has value and “may well lead to things.”…
Crypto remittances must have allure of cash without regulatory constraints — Jeremy Allaire
Digital cash systems built on the blockchain must retain the qualities of physical money in order to attract more users in developing countries — and must be able to do so without regulatory constraints — according to Circle CEO Jeremy Allaire. In a panel discussion at the World Economic Forum’s Annual Meeting, titled “Remittances for Recovery: A New Era of Digital…
EBay Launches Wayne Gretzky NFTs on Polygon
EBay’s first NFTs will be digital collectibles featuring hockey legend Wayne Gretzky. Gretzky, 61, played 20 seasons in the NHL spanning three decades, won four Stanley Cups, and is considered by many to be the greatest player of all time. The Gretzky NFTs—unique blockchain tokens that signify ownership—are on the Ethereum sidechain Polygon and were issued through a partnership with…
Bitcoin SongSheet Education Fiat – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. College is a scam. Colleges don’t sell education, but an upper class lifestyle for four years. Like most things in the fiat economy, they bring consumption forward through loans like that car that you can get with no…
GAIMIN Gladiators’ DOTA 2 Team Finish Top 4 in Stockholm Major – Press release Bitcoin News
press release PRESS RELEASE. Zug, Switzerland, 22nd May 2022: GAIMIN Gladiators are delighted to announce their DOTA 2 finish Top 4 in the ESL One Major in Stockholm. For the last 10 days, GAIMIN Gladiators’ DOTA 2 team have achieved unprecedented acclaim for their progression in the ESL One Stockholm Major. As a newly formed team, in their first four…
GameStop unveils beta cryptocurrency wallet and upcoming NFT platform
American electronics retail firm GameStop has taken a step into the world of cryptocurrencies, unveiling a proprietary blockchain wallet that will feature nonfungible token functionality. The GameStop Wallet will allow gamers to acquire, send and store Ether (ETH), ERC-20 tokens and NFTs through a self-custodial browser extension running on the Ethereum blockchain. A mobile application is also in the works.…
Fed Finds Unbanked Americans Are Turning to Crypto at a Higher Rate
People who transact with cryptocurrencies were twice as likely to be unbanked as people who don’t use them at all, according to a new survey from the Federal Reserve. The Fed found that 13% of Americans using crypto for payments do not have bank accounts, up from the 6% among people who don’t use crypto at all. Meanwhile, 27% of…
What Warren Buffett Gets Right About Bitcoin
Before I exited academia, I trained as a financial historian. I looked at balance sheets in dusty, old archives and I investigated what banks were doing in Victorian Britain; I ran fancy statistical analyses on 19th-century stock prices to see if they behaved like modern portfolio analysis suggests stock prices should; and I looked at how money operated and how…