Meta cancels next-gen headset as Reality Labs remains mired in VR
There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.
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Austria to Use Ethereum Public Blockchain to Issue $1.35 Bln in Government Bonds
Austria’s government is set to use the Ethereum (ETH) public blockchain to issue €1.15 billion ($1.35 billion) of government bonds in an auction next week, local news outlet Kleine Zeitung reports September 25.Oesterreichische Kontrollbank (OeKB) — one of Austria’s biggest banks with $26 billion in assets in 2017 — will reportedly operate the live blockchain…
Bitcoin Price Surges to $10,380 as Trump Threatens Military Crackdown
Bitcoin price broke the $10,000 barrier and rallied to $10,380 for the first time in 3 months. 1679 Total views 34 Total shares Within the last hour Bitcoin (BTC) price abruptly surged to $10,380 after spending the last month trading in a symmetrical triangle pattern. The move above the crucial $10K mark occurred as U.S.…
Does the metaverse need to be on the blockchain? Execs weigh in
Imaginary Ones co-founder Clement Chia believes that simply adding blockchain to the metaverse doesn’t solve its “purpose” problems.
Texas proof-of-reserve bill passes through the Senate
The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.” 311 Total views 22 Total shares The legislation that could oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers” made it one step closer to reality in the state of Texas.…
Social Innovations and Secret Conversations (on the Blockchain)
There’s a novelty in finding new ways to communicate through coded conversations and secret languages. How is this being implemented for good — or otherwise — on blockchains?Since its beginnings, blockchain technology has led to many movements, including the formation of a unique crypto community. This blockchain community is forming its own lexicon (including a…
Report: Top Blockchain Use Cases Are in Payments, Security and Settlements
In its recent blockchain in banking report, Business Insider Intelligence indicated that financial institutions have mostly deployed the tech to improve payments, securities settlement, fraud detection security and trade finance.Published on March 19, the report analyzed a number of financial and tech organizations worldwide, including Australia and New Zealand Banking Group, Bank of America, Citi…
US Crypto Exchange Coinbase Introduces Digital Asset Conversions
San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new “Convert” service, according to an official statement on Dec. 17.Per the statement, customers will initially be able to convert between Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX) and Bitcoin Cash (BCH). The service will be available on coinbase.com and…
Celsius chooses NovaWulf’s bid to exit from bankruptcy
Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as the sponsor for its proposed Chapter 11 restructuring plan which will see the investment advisory firm take over the operations of a new company, and most customers estimated to recover up to 70% of their funds.Celsius presented the plan on Feb. 15 in a…