Google and Magic Leap partner up to make metaverse goggles despite past flops

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before…

The Mad Money host proposed that the company's brick-and-mortar shops could become "crypto-information palaces" in which gamers could buy and sell cryptocurrencies. 2463 Total views 27 Total shares With GameStop's stock more than doubling in price over the last two days, CNBC’s Jim Cramer is proposing the brick-and-mortar company change its business model to be…

The United States December nonfarm payrolls report showed a growth of 223,000 jobs, above the market's expectation of an increase of 200,000 jobs. While this shows that the economy remains strong, market observers shifted their focus to the slower wage growth of 0.3% for the month, below economists’ expectation of 0.4%. In addition, the euro zone’s…

Per the latest in lobbying disclosures, Ripple Labs shelled out for its lobbying on legislation looking to change the treatment of crypto under securities laws. 1307 Total views 15 Total shares Ripple Labs spent $690,000 on lobbying in the United States in 2020, which still didn't save the firm from the Securities and Exchange Commission.Per…

Sunday, Jan. 6 — most of the top 20 cryptocurrencies are seeing a mix of moderate gains and losses on the day to press time. Bitcoin’s (BTC) price is currently hovering over $3,850 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is up just a fraction of a percent on the day, trading…

Bitcoin bulls fight to hold the $40,000 level as support while many altcoins sell-off due to profit taking. 2769 Total views 22 Total shares Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. Following Bitcoin’s Jan. 7 push above $40,000,…

Animoca Brands buys streaming platform for blockchain games Hong Kong Web3 gaming giant Animoca Brands (The Sandbox, Revv, Phantom Galaxies), has acquired blockchain-powered streaming platform Azarus for an undisclosed sum. Built around the slogan “streams are not TV,” Azarus allows users to livestream their gameplay while using tokens for incentives and rewards. Animoca Brands says

The trio launched Holepunch with a vision to bestow control over data while breaking technology monopolies, among others. 266 Total views 6 Total shares Staying true to the “bear market is for building” motto, crypto exchange Bitfinex along with Tether (USDT) and Hypercore announced the launch of a fully encrypted platform, Holepunch, for building peer-to-peer…

Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. 370 Total views 10 Total shares Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive…