Animoca Brands CEO Robby Yung, EndeavorXR CEO Amy Peck and Gamee co-founder CEO Bozena Rezab joined Decrypt’s Stephen Graves on stage at Web Summit to talk about the future of Web3 gaming. Source: https://decrypt.co/videos/interviews/OvVWhGbW/web-summit-will-web3-gaming-ever-be-mainstream
Bitcoin (BTC) exchange-traded products (ETPs) registered $312 million in inflows for the week of Nov. 24, bringing year-to-date inflows to around $1.5 billion, according to CoinShares. The weekly inflows for all cryptocurrencies totalled $346 million, continuing a nine-week trend of positive net flows. New record of inflows with US$346m this week, the highest total observed in the past 9 weeks of…
IBM announced the completed installation of a 127-qubit quantum computing system at the University of Tokyo on Nov. 27. According to the company, this marks the arrival of the first “utility-scale” quantum system in the region. [Article] The University of Tokyo Completes Installation of 127-Qubit IBM Quantum Eagle Processorhttps://t.co/TrFAnEQ3wq — UTokyo | 東京大学 (@UTokyo_News_en) November 27, 2023 The system, dubbed…
In 2021, it seemed as if 10 new Disneys — and the next 20 Picassos — were emerging from blockchain and various nonfungible token (NFT) collections. Exorbitant NFT values that year signaled strong belief in many projects. But two years later, those “next Disneys” have delivered little. The situation has created significant market frustration and disillusionment among investors and enthusiasts…
Newly appointed Binance CEO Richard Teng attempted to strike an optimistic tone with his first official company statement Monday, less than a week after founder and former CEO Changpeng “CZ” Zhao and the company both pled guilty to charges in the United States and agreed to billions of dollars in settlements. “We have turned the page on Binance’s historical challenges…
Bitcoin (BTC) has started the week on a negative note. The failure of the bulls to pierce and sustain above the $38,000 resistance has given a small window of opportunity for the bears to try and make a comeback. Strong selling has pulled the price below $37,000 on Nov. 27. However, lower levels are likely to attract buyers as the…
Richard Teng, Binance’s former global head of regional markets and now CEO, announced his intention to drive growth at the crypto exchange following Changpeng “CZ” Zhao stepping down. In a Nov. 27 blog post, Teng said he had the support of CZ and Binance’s leadership following the former CEO’s departure as part of an agreement with United States officials. According…
A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals. According to local news reports on Nov. 27, Julia Leung, Hong Kong’s Under Secretary for Financial Services and the Treasury, stated, “Even if the grace period ends tomorrow, fraud will still occur, so there is no intention to modify the grace period…
Magic Eden sees a crypto future that spans multiple blockchains—and is launching its crypto wallet browser extension in closed beta to support that aim, the firm behind the NFT marketplace announced Monday. “We believe in a multi-chain world for NFTs,” Magic Eden CEO and co-founder Jack Lu told Decrypt in an interview. “Up until today, for a user to really…
British multinational bank Standard Chartered will partake in trials of China’s digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the country. According to the Nov. 27 announcement, Standard Chartered, through its partner City Bank Clearing Services Co., will allow its clients to purchase, exchange, and redeem e-CNY within its bank…
