41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Source: https://cointelegraph.com/public/index.php/news/jpex-sours-hong-kong-crypto-views
Month: October 2023
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Source: https://cointelegraph.com/app/public/index.php/news/jpex-sours-hong-kong-crypto-views
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has seen a surge in growth this year as Ether (ETH) holders chose to stake rather than liquidate. Despite ETH withdrawals being enabled with the Ethereum Shapella upgrade in April 2023, an Oct. 16 LSDFi report from crypto data aggregator CoinGecko said the sector grew by 58.7x since January. By August 2023,…
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
Public attitude towards cryptocurrency in Hong Kong has taken a dive following the JPEX crypto exchange scandal, according to the initial findings of a new survey. The survey, conducted by The Hong Kong University of Science and Technology’s business school, was to understand how public attitudes toward virtual assets may have been impacted by the JPEX scandal. The survey was…
Louvre Augmented Reality Exhibit With Snapchat Uncovers Ancient Egypt
Snapchat maker Snap has teamed up with the Louvre museum in Paris on a five-part augmented reality (AR) experience called “Egypt Augmented.” Launching Wednesday, it comprises four location-specific experiences based around three exhibits inside the museum’s Department of Egyptian Antiquities, and one in the exterior courtyard, the Cour Carrée. Additionally, Snapchat users around the globe can also use a free…
Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
The use of cryptocurrency by Hamas militants to fund recent attacks on Israel may have set back Coinbase’s crypto lobbying efforts in the United States, says a new investment report from Berenberg Capital Markets. In an Oct. 18 research note, Berenberg lead analyst Mark Palmer said the primary driver of his “cautious stance” towards Coinbase comes from the various regulatory…
Roblox Debunks ‘Inaccurate’ XRP Support Claims, Says Crypto Payments Not Allowed
On social media, false claims can spread like wildfire—even well after the source media has been deleted. Roblox has denied that it will support XRP payments, despite claims that spread widely on Tuesday, telling Decrypt that any suggestion that gamers could buy Robux to pay for in-game items with Ripple’s XRP token is “inaccurate.” The rumors began swirling late Monday…
Reddit to wind down blockchain-based rewards service ‘Community Points’
Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns. In an official Oct. 17 announcement in the r/cryptocurrency subreddit, a Reddit team member said while the platform saw “some future opportunities for Community Points, there was no path to scale it broadly across the platform.” The Community Points service, including the special…
East Meets West: Baidu’s New Ernie 4.0 Chatbot Embodies China’s Growing AI Ambitions
Baidu—often described as the Google of China due to its extensive suite of internet services that include an office suite, web browser, map suite, and cloud storage—has taken a significant step forward in its AI ambitions with the announcement of Ernie 4.0. At first glance, this new iteration appears to restore Baidu’s tech cred after the previous version, Ernie 3.5,…
Bitcoin Metaverse Token Pre-Sale From ‘Life Beyond’ Team Raises $3.5M
The reports of the death of the metaverse have been greatly exaggerated, and venture capital continues to flow into companies developing it—or at least developing what many in Web3 hope will be the next generation of gaming experiences. On Tuesday, “Life Beyond” developer Darewise Entertainment announced that it had raised $3.5 million in token presales. “For this round, we are…