Hong Kong central bank studies AI's impact on banking jobs and skills

A veteran game developer discussed how and why the gaming industry can be decentralized at the Unitize conference. 780 Total views 10 Total shares Blockchain gaming may become the next evolution of an industry that is now well into reaching market cycle maturity, according to Outplay Games’ CTO Paul Gadi.In his panel at Unitize, titled…

Bloomberg senior analyst Eric Balchunas says there is a 75% chance that the SEC will approve a Bitcoin futures ETF this month. 834 Total views 3 Total shares A surge in Bitcoin prices today may be in response to increased speculation that an exchange-traded product could finally be approved in the coming weeks.BTC prices are…

Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up.In the financial results report, founder and CEO of Nvidia Jensen Huang said that the company’s “near-term results reflect excess channel inventory post the cryptocurrency boom,…

Bitcoin (BTC) futures volume and open interest are declining rapidly. Data shows that since the September peak, BTC futures volume has dropped by 60% from over $25 billion to around $10 billion.Bitcoin futures volume by exchange (September). Source: Digital Assets DataWhile the decline in trading activity could ostensibly seem like a negative metric, it could…

A majority of accredited and retail investors plan to increase their crypto asset holdings over the next 12 months, according to a survey published September 5 by investment platform SharesPost.The mid-year survey, which was conducted in July, polled 2,490 retail investors and 528 individual accredited and institutional investors. The recent survey shows both consumers and investors…

Large outflows from Ether funds contrast with movements seen in Bitcoin and other cryptocurrencies.

Demand for Wrapped Bitcoin is increasing along with the DeFi rally. 1189 Total views 19 Total shares Binance, the world’s largest cryptocurrency exchange in terms of market capitalization, is listing another token to support the growth of decentralized finance, or DeFi.Wrapped Bitcoin (WBTC), a new ERC-20 token pegged to the price of Bitcoin (BTC), is…

Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article.Staking, which is similar to earning dividends or interest on your investment, is not a new concept. However, in a long bear…

The decentralized cryptocurrency exchange (DEX) CryptoBridge announced that it is closing down in a message on its website.In the announcement, the exchange warns users that all of the firm’s services and servers will terminate after Dec. 15. Users will be able to withdraw funds from the exchange until the last day of operation, but deposits…