According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital currency (CBDC) rollout. Chinese Government Pushes McDonald’s, Visa, Nike to Accept…
In a calendar year, the total crypto market capitalization more than quadrupled from $361 billion to more than $1 trillion in January reaching an all-time high of around $2.6 trillion in May. Just weeks later, more than $800 million was wiped off of the total crypto market cap, representing a decrease of over 33%. Volatility of this magnitude in the…
During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in stablecoins but the top five collectively represent 94.40% of that total. While the largest stablecoin in terms of market cap increased by 2% over the last 30 days, the stablecoin…
The online gaming industry has been on the rise for the past few years and for a good reason. From a global pandemic pushing an online revolution to the ever-increasing mobile and internet penetration, more people are spending more time online. It is no wonder the industry is big money, raking in over $20 billion in revenue for 2020 alone.…
In 2013, a Redditor going by the name Luka Magnottahopefully not the convicted Canadian murdererdelivered an ominous fantasy of a future in which Bitcoiners reign supreme. Posing as a time traveler from the year 2025, Magnotta described that year as a wildly unequal dystopia divided between Bitcoin investors and everybody else. In his imagining, Bitcoinalready, in 2013, showing signs of…
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Jennifer Wines, vice president of Fidelity Private Wealth Management. Jen grew up between Mexico, Canada and the United States. Academics brought her…
On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July 4, 2021. After waiting patiently for…
I don’t recall exactly when Ryan Bubinski started berating me about migrating to Discord. Most likely his Discord blitz began during one of our many-times-a-day Zoom meetings around three months ago. Now I live out my days hearing the sonar beep of Discord notifications every few minutes. And then I go to sleep and hear it in my bad dreams. …
press release PRESS RELEASE. NFTs are all the rage right now – they are essentially unique units of data that generally represent a piece of art, media, or other forms of digital files. There are many interesting projects in youthful stages right now, but one of the most prominent NFT projects to arise recently is CryptoDragons. The project is currently…
Earlier this summer, CNN and The New York Times each warned that the nonfungible token (NFT) bubble, fueled by buzz over eye-popping valuations for digital art and interest from collectors, might already be bursting. As the sixth employee at a social media startup called Wildfire which was acquired by Google in 2012 Im all too familiar with skeptics and precautionary…
