Consumer watchdogs call for EU action on in-game digital money

Such an effort may show long-term dedication to the asset class. Mainstream business intelligence behemoth MicroStrategy has made a number of headlines in recent days for its initial $250 million Bitcoin (BTC) investment. The company later poured a subsequent $175 million into the asset — a lengthy endeavor totaling almost 100 hours of work. "To acquire…

In 2021, it seemed as if 10 new Disneys — and the next 20 Picassos — were emerging from blockchain and various nonfungible token (NFT) collections.Exorbitant NFT values that year signaled strong belief in many projects. But two years later, those “next Disneys” have delivered little. The situation has created significant market frustration and disillusionment

On Jan. 27, a group of eight U.S. lawmakers, led by Senator Elizabeth Warren, sent letters to the world’s six largest Bitcoin mining companies, demanding to reveal the detailed data on their electricity consumption. This isn’t the first time Senator Warren requested this information from a mining operation — last month a similar letter was…

Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition. 159 Total views 10 Total shares Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker.Nansen has acquired the multi-chain portfolio tracker Ape Board in an…

The Canadian government-funded research program Industrial Research Assistance Program (IRAP) is now hosting its own blockchain explorer, according to an official statement on Aug. 20. The IRAP, managed by the National Research Council of Canada (NRC), has announced that the project has implemented the blockchain-based app on InterPlanetary File System (IPFS), a protocol and network…

Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million. 1492 Total views 1 Total shares Bitwise, a four-year-old crypto asset management firm has closed a Series B funding round, raising $70 million in fresh capital from investors.According to a report by CNBC on Tuesday major Wall Street figures…

The reported suicide of notorious tax fugitive, Bitcoin proponent, and antivirus software pioneer, John McAfee, has prompted an outpouring of tributes and conspiracy theories today.After years of evading U.S. taxes and authorities, a Spanish court had ordered McAfee’s extradition just hours before he was found dead, with the 75-year-old expected to face a life sentence…

The South African Reserve Bank (SARB) — the country’s central bank — is purportedly going to impose new regulations for the use of digital currencies in a bid to deter users from evading currency controls.As local business-focused publication Business Report reported on Dec. 2, SARB’s deputy governor, Kuben Naidoo, said that the new rules will…