Crypto Biz: Axelar’s new interoperability stack goes live
With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications.
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In an interview with CNBC on June 14, legendary investor Paul Tudor Jones sounded the alarm over advancing inflation. After last week's consumer price index (CPI) report showed that United States inflation had hit a 13-year high, the founder of Tudor Investment advocated for a 5% Bitcoin (BTC) portfolio allocation.Mutual Fund companies ranked by assets…
AMD Earnings Surpass Target Amid Talk of Cryptocurrency Bull Market Return
United States transnational IT firm Advanced Micro Devices (AMD) over delivered on Wall Street expectations for earnings, the company confirmed in a press release on April 30.AMD, which had previously seen volatility in its performance amid challenging 2018 market conditions, posted an adjusted share price of $0.06, 1 cent above the target.The knock-on effect among…
Second-Largest Indian State to Use Blockchain in Various Spheres
The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications. According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document management. The Maharashtra Information Technology Directorate will…
‘Shark Tank’ star changes tune on Bitcoin, will allocate 3% of his portfolio
Kevin O'Leary referenced investor Dan Loeb’s "deep dive" into crypto in his decision to more fully invest in Bitcoin. 3311 Total views 18 Total shares Businessman Kevin O'Leary, who appears on the reality TV show Shark Tank and once called Bitcoin a “giant nothing burger,” has now joined the laser eye community.In a tweet yesterday,…
IRS Delays Tax Day to July 15, Still Monitors Crypto
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Xbox head Phil Spencer is skeptical about NFTs in video games
The worlds of gaming and NFTs continue to blend, but Microsoft's gaming head is weary that NFTs are “more exploitative than about entertainment." 119 Total views 23 Total shares Phil Spencer, Microsoft’s head of gaming, commented on his skepticism towards nonfungible tokens, or NFTs, in an interview with Axios:“What I'd say today on NFT, all…
MasterCard and Nexo Jointly Launch Crypto Credit Card
Instant crypto loans firm Nexo and international payment system corporation MasterCard are jointly launching a cryptocurrency credit card. The development was announced in a press release shared with Cointelegraph on Aug. 2.“World’s first”Nexo claims the Nexo Card to be the first card in the world that enables users to spend the value of their cryptocurrency…
The loss of privacy: Why we must fight for a decentralized future
If you’re into cryptocurrency or blockchain, there’s a good chance I don’t have to spell out the benefits of decentralization. You’re a first-generation user of a technology that will increasingly define the future of the internet, and you have front-row seats to the world premiere of Web3.The internet’s use and control were always as centralized…