Time Magazine, the media company that has been an American institution for almost a century, is partnering with Mike Novogratz’s Galaxy Digital in an effort for its readers to explore the metaverse. In a Thursday announcement, Time said the partnership with the investment management firm was aimed at educating its readers about the metaverse. The long-running magazine will be releasing…
The Russian central bank continues disclosing more details about its upcoming digital currency, now reportedly planning to take commissions for the digital ruble transactions. The fees for Russia’s central bank digital currency (CBDC) transactions will be lower than those of wire transfers, Bank of Russia’s director of financial technologies department Kirill Pronin reportedly said. Pronin elaborated that the CBDC transactions’…
beginner Mining is one of the most popular ways to make money with crypto. However, it has been steadily becoming less and less profitable as time goes on. Despite this, mining is one of the most essential components of the crypto world, both because of its necessity for the normal functioning of the blockchain, and because of its near-cult status.…
beginner Changelly expands the family of over 200 cryptocurrencies available on the platform, introducing the AUCTION token and offering an opportunity to easily and quickly exchange it at floating rates. Being a native platform token of Bounce Finance, AUCTION facilitates platform operation, utility capture, and value realization. The AUCTION token has no monetary value, yet it incorporates economic and game…
The UK’s Advertising Standards Authority (ASA) is investigating Floki Inu cryptocurrency ads which have appeared on the London Underground in recent weeks, according to The Guardian. “While I can’t go into specifics at this time, I can confirm that we are currently investigating Floki Inu,” an ASA spokesperson reportedly said. News of the ASA investigation comes just days after Sian…
Ian Khan is a futurist who expects that blockchain, artificial intelligence and the Internet of Things will merge together to create an entirely new type of world. He’s the inventor of the Future Readiness Score, the author of eight books and the chairperson of the Money 20/20 fintech conference. His first film, Blockchain City, is far from an underground production. The…
European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush. This third funding round represented their highest raise to date, following seed funding of $2,5 million in May 2019 and Series…
In brief Solana’s DeFi scene is growing. Cypher hopes to be the go-to synthetic futures protocol for the network. Sure, perpetual futures are great. But where do you go when you really need that expiratory futures fix on Solana? How about Cypher, the futures protocol that wants to bring a new set of traditional finance opportunities to decentralized finance (DeFi)…
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including central banks. Still, the fund warns that the CBDC carries risks for monetary policy implementation, cyber security, operational resilience, and financial integrity and stability. CBDC Attracting Interest In its latest country focus report authored by…
The North Dakota’s City of Williston continues exploring and adopting the cryptocurrency industry by elevating a crypto automated teller machine (ATM) in its international airport. The city’s administration officially announced the installation of the “government-hosted cryptocurrency kiosk” at the Williston Basin International Airport, allowing passengers and non-travelers to buy and sell 40 digital currencies. The list of supported coins includes…
