Will there be cryptocurrency in Grand Theft Auto 6, as widely rumored? So far such claims are unsubstantiated, but crypto and GTA 6 got a highly visible mash-up this week when the trailer was prematurely leaked with a Bitcoin ad emblazoned on top. The anonymous leaker created a Twitter account named “Gta6trailerleak” and shared the first official trailer for the…
November strengthened venture capitalists’ confidence in crypto and Web3 projects, with major funding rounds returning to the charts alongside seed capital for early-stage firms. Cross-chain protocol Wormhole, for instance, secured a $225-million investment at a valuation of $2.5 billion. The round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital and Arrington Capital. Another example of…
Bitbuy and Coinsquare, two of the largest crypto exchanges domiciled in Canada, have surpassed $1 billion CAD in assets ($736 million) under management. According to the Dec. 6 announcement by parent company WonderFi, the two entities currently hold $1 billion CAD in clients’ cash and digital asset deposits, up from $695 million ($512 million) the third quarter. “During the month…
JP Morgan Chase CEO Jamie Dimon has again slammed crypto—today saying that he’d “close it down” if he were the U.S. government. “The true use case for it [crypto] is criminals, drug traffickers, money laundering, tax avoidance,” Dimon told lawmakers during a Senate Banking Committee hearing Wednesday. “If I was the government, I’d close it down,” he added. “I’ve always…
JPMorgan Chase chair and CEO Jamie Dimon told several United States lawmakers that if he had the authority in government, he would try to shut down crypto. In a Dec. 6 hearing of the Senate Banking Committee on oversight of Wall Street Firms, Dimon responded to questioning from Massachusetts Senator Elizabeth Warren, who claimed North Korea had funded much of…
In this week’s newsletter, read about how Michael Jackson’s first recording is coming to the blockchain and why the nonfungible token (NFT) lending protocol ParaSpace was rebranded to Parallel Finance. Check out how the Rarible ecosystem is furthering its commitment to royalty enforcement, and find out what executives working in the gaming industry think about the future of blockchain gaming…
It’s no secret that prominent gaming influencer FaZe Banks loves crypto. Now, he’s buying more. Richard “FaZe Banks” Bengtson is the CEO and co-founder of esports organization and lifestyle brand FaZe Clan. The gamer took to Instagram this week to report his latest crypto purchases and double down on his pro-crypto stance amidst a broader gaming industry where crypto remains…
According to the Moody’s Analytics website, QFStudio is a software-as-a-service offering that will serve as “a continuous integration, benchmark, and delivery platform” for quantum computing solutions. Quantum computing for finance The burgeoning quantum computing sector is expected to experience steady growth over the next few decades. A recent forecast predicted that quantum computing technologies would grow from a market capitalization…
The intimate conversation between two prominent crypto-sector thought leaders provided a comprehensive snapshot of how far the U.S. financial technology regulatory discussion has come. Its tone resonated through following panels with other influential crypto policy experts including SEC Commissioner Hester Pierce, CFTC Commissioner Kristin Johnson, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY), Representative Ritchie Torres (D-NY) and others. Emmer…
Bitcoin is witnessing profit-booking by short-term holders, but institutional investors continue to put money into BTC investment products. Source: https://cointelegraph.com/news/price-analysis-12-6-btc-eth-bnb-xrp-sol-ada-doge-avax-link-ton
