Telegram’s tap-to-earn games have taken the crypto world by storm, bringing hundreds of millions of prospective new users to The Open Network (TON). But a flood of Hamster Kombat and Catizen players attempting to claim their reward tokens later this month may not be all good news for the network, TON developers warned this week. TON will “undoubtedly face more…
Month: September 2024
Zano and Confidential Layer Partner for Secure, Private Cross-Chain Transactions
Zano blockchain partnered with Confidential Layer to enable secure and private transactions across different blockchains. This allows users to keep their original assets (like ether or bitcoin) while adding Zano’s strong privacy features. Both the Zano and Confidential Layer teams see this as a significant step towards a digital economy where users have control over […] Source: https://news.bitcoin.com/zano-and-confidential-layer-partner-for-secure-private-cross-chain-transactions/
Adobe Pushes Into Generative Video With Firefly Amid AI Controversy
Adobe announced a significant expansion of its Firefly generative AI platform, introducing video creation and editing capabilities slated for release later this year. The new Firefly Video Model positions Adobe to compete directly with emerging players in the generative video space, including OpenAI’s Sora. Set to debut in beta form, the video expansion to the Firefly tool will integrate with…
‘Magic Muffins’ Game Launches on Telegram to Take on ‘Hamster Kombat’
Crypto game aggregator and discovery platform Earn Alliance announced Thursday that it has launched Magic Muffins, a combat game playable through messaging platform Telegram. Magic Muffins lets players create and customize a team of five muffin characters, then tap to battle and defeat various enemies while earning upgrades and rewards. Like other tap-to-earn games on Telegram, Magic Muffins will let…
Lengthy Licensing Stumps Kenyan Fintech Startups
Fintech startups face significant challenges when expanding to Kenya, primarily due to the lengthy and complex process of obtaining an operating license. Obtaining a payment service provider (PSP) license can take up to two years, forcing startups to rely on workarounds such as partnerships with established players like telcos and banks. High market entry barriers […] Source: https://news.bitcoin.com/lengthy-licensing-stumps-kenyan-fintech-startups/
Kalshi’s US Election Prediction Markets Go Live as CFTC Seeks Appeal
Prediction market platform Kalshi launched its first U.S. election betting pool Thursday following a federal court win against the U.S. Commodity Futures Trading Commission (CFTC), which has appealed the decision in an attempt to stymie gambling on election outcomes. “Today marks the first trade on regulated election markets in nearly a century,” Kalshi founder Tarek Mansour tweeted Thursday. “This one…
US and Africa Urged to Collaborate on AI Development
A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance of collaboration between the U.S. and Africa in AI development […] Source: https://news.bitcoin.com/us-and-africa-urged-to-collaborate-on-ai-development/
US Dollar Is Taking Over the World Thanks to Stablecoins: Report
Stablecoins are boosting U.S. dollar dominance around the world in countries that otherwise have no access to the currency, according to a new report sponsored by global payment giant Visa. Authored by Castle Island Ventures and Brevan Howard Digital, the report outlined how stablecoins adoption is rising irrespective of crypto’s market cycles, and gaining adoption as a monetary instrument for…
Consumer protection watchdog warns about Tether's reserves
According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating. Source: https://cointelegraph.com/news/consumer-watchdog-group-issues-warning-tether-transparency?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Eve Frontier’s in-game economy will let players create real cryptos
CCP games says it isn’t a blockchain game; it’s a game that utilizes blockchain. Source: https://cointelegraph.com/news/eve-frontier-game-economy-web3-blockchain-create-real-cryptocurrencies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound