According to The Giving Block’s 2023 annual report titled “Crypto Philanthropy Data, Trends & Predictions,” all-time crypto donations in the platform surpassed $125 million in 2022. Based on the data available, the crypto charity project predicted that it could surpass $1 billion in August 2027, reach $5 billion in June 2031 and exceed the $10 billion mark in November 2032.…
Month: March 2023
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Revolut not happy with how fintech deals with audit red flags: Report
Revolut reportedly issued a public statement and hired lawyers in March in order to prove “misreporting” of the audit opinion by BDO. Source: https://cointelegraph.com/public/index.php/news/revolut-not-happy-with-how-fintech-deals-with-audit-red-flags-report
Projecting ‘Orange Pill’ on banks as EU drives crypto regulation
“The signal goes on, and he shows up. That’s the way it’s been. That’s the way it will be.” Whenever Gotham faces an existential threat, the Bat-Signal lights up the night sky. In the DC Comics universe, Batman always shows up to save the day when he’s called upon. Bitcoiners in Germany employed a similar tactic this week, emblazoning the preeminent…
While Biden and Trump Blame Each Other for Bank Failures, Others Believe the Cause Might Be a Management Issue – Economics Bitcoin News
The recent banking failures involving the fall of Silicon Valley Bank (SVB), Signature Bank, and Silvergate Bank, have high-profile government individuals trying to find a culprit. U.S. President Joe Biden and former President Donald Trump have publicly blamed each other’s policies for the outcome, but according to some analysts, the problem might be ignorance in the banking system. Biden and…
Government requests for user data from Big Tech increased by 25%: data
How Big Tech companies treat user data has been controversial for so long. Meta, Apple, Google and Microsoft are often accused of collecting and selling the personal data of their users. Though, where exactly this data goes and how much of it is given over to companies and governments can still be unclear. However, a new study from Surfshark reveals requests…
Matt Damon Says He Did Crypto.Com Ad Due to ‘Down Year’ at Clean Water Foundation
Matt Damon shed light on his appearance in the 2021 Crypto.com ad advertisement, saying in a recent interview that the main reason for him becoming the face of the crypto firm’s marketing campaign was to get financial support for water.org, the clean water project he co-founded with philanthropist Gary White. “We had a down year in water.org and I did…
Revolut not happy with how fintech deals with audit red flags: Report
Crypto-friendly fintech Revolut is reportedly having some issues related to its recently released annual report for the year ending December 2021. Revolut, a British-Lithuanian neobank that allows customers to buy and sell crypto, reported its first-ever full year of profit on March 1, 2023. The firm said it generated a revenue of 636 million British pounds ($769 million) in 2021,…
Axie Infinity creator works with studios to push Web3 adoption through new games
Sky Mavis, the team behind the popular blockchain game Axie Infinity, revealed that four gaming studios will be building and launching games on top of the Ronin network, sparking the creation of its own native gaming ecosystem. In an announcement sent to Cointelegraph, Sky Mavis highlighted that they partnered with four gaming studios: Directive Games, Tribes, Bali Games and Bowled.io.…
Sky Mavis Signs Deals With Directive Games, Bali Games, Tribes, and Bowled to Build Web3 Games
Watch out, Polygon and Ava Labs—game developer Sky Mavis is building a Web3 gaming empire on its Ronin blockchain. Sky Mavis, the studio behind the breakout first-generation Web3 game Axie Infinity, is expanding beyond its flagship title. The firm is growing the Ronin ecosystem and working with four game studios: Directive Games, Bali Games, Tribes Studio, and Bowled.io, each of…