Splitgate, a first-person shooter that pairs arena-style blasting with the ability to spawn and travel through portals, will implement the ability to earn Bitcoin by playing thanks to a new Lightning Network integration from fintech startup ZBD. ZBD has collaborated with Splitgate developer 1047 Games to roll out the Bitcoin integration for the PC version of the free-to-play shooter, with…
Digital asset investment platform Fasset was granted an operational license on Nov. 29, according to a listing on the Dubai Virtual Asset Regulatory Authority (VARA) website. The Virtual Asset Service Provider (VASP) Licence granted to Fasset allows it to perform broker-dealer services legally in Dubai. The conditions of the license say that the platform is authorized to serve local institutional…
What is the replace-by-fee (RBF) policy? The Bitcoin network’s replace-by-fee (RBF) policy enables users to replace pending (unconfirmed) transactions with new ones with higher transaction costs. The RBF policy was proposed in BIP 125 and introduced as a feature in the Bitcoin protocol with the release of Bitcoin Core version 0.12.0, which was released in February 2016. This feature provides…
In another attempt to expand its business internationally, online trading platform Robinhood has announced its plans to launch its stock-exchange application in the United Kingdom. In an interview with Bloomberg, Robinhood co-founder and CEO Vladimir Tenev said that the app has already opened a waitlist for those who want to get early access. The executive added that the company is set…
Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of dollar-based services in the continent’s import-dependent economy. This creates a vacuum that decentralized finance could solve, leveraging cryptocurrencies, blockchain networks and services (DApps), according to the CEO of Canza Finance Pascal Ntsama IV. Ntsama said the neo-bank’s new DeFi technology, Baki, aims to…
A recent public consultation on Canada’s central bank digital currency (CBDC) initiative revealed an overall negative sentiment from Canadians, confirming the Bank of Canada’s concerns around its country-wide adoption. Through the ‘digital Canadian dollar public consultation,’ the Canadian central bank intended to identify a place for CBDCs in a world currently dominated by digital fiat payments such as credit cards.…
Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline. Source: https://cointelegraph.com/app/public/index.php/news/pando-spot-bitcoin-etf-blackrock-revises-etf
An upcoming ‘scams code framework’ proposed by Australia’s Department of the Treasury considers applying sector-specific codes and standards to banking and cryptocurrency scams, among others. Adding to the efforts of the Australian Competition and Consumer Commission (ACCC), a regulator within the Treasury, to combat scams via the yearly Scams Awareness Week initiative, the Treasury issued a consultation paper. The paper…
Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times. Speaking at the 2023 DealBook Summit in New York on Nov. 29, Elon Musk, the owner of micro-blogging platform X (formerly Twitter), lashed out at advertisers leaving the social media site due…
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC. Source: https://cointelegraph.com/public/index.php/news/ftx-bankruptcy-court-approval-selling-trust-assets-grayscale-bitwise
