MetaMask Launches pilot self-custody debit card with Mastercard
More than one billion individuals remain unbanked or without adequate access to banking services, according to 2022 data from the World Bank.
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Crypto Hedge Funds Doubled Assets Under Management in 2019, PwC Report Says
Cryptocurrency hedge funds’ assets under management doubled in 2019, but the launch of new funds depends on Bitcoin prices. The “2020 Crypto Hedge Fund Report,” published on May 11 by PwC and Elwood Asset Management Services Ltd., said that cryptocurrency hedge funds’ assets under management doubled in 2019. According to the survey, total assets under management in…

Elon Musk reportedly building ‘Gigafactory of Compute’ for AI
Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.

Fortnite Fans Race to Earn ETH-Based Rewards on Reddit, Crypto Users Saunter
Over 10,000 Redditors have signed up for the platform’s ETH-based rewards, however, 75% of them are Fortnight players. 2423 Total views 68 Total shares Within days of launching on the Rinkeby testnet, Reddit’s Ethereum (ETH)-based Community Points rewards system has seen more than 10,000 addresses created.Reddit’s points were rolled out across two subreddit communities pertaining…

Ethereum 2.0 Charges Ahead With New ‘Onyx’ Testnet Launch
Blockchain firm Prysmatic Labs announced the launch of a new test network of the Ethereum 2.0 blockchain. 3448 Total views 28 Total shares Blockchain firm Prysmatic Labs announced the launch of a new test network for the Ethereum 2.0 blockchain.According to a June 10 announcement, Prysmatic Labs is launching the Onyx Ethereum 2.0 testnet —…

Crypto Asset Brokerage From Uber’s Ex-CTO Goes Public on Canadian Exchange
Crypto asset brokerage Voyager Digital — co-founded by the ex-CTO of Uber — has gone public on Canada’s TSX Venture Exchange. The news was announced in an official tweet from Voyager on Feb. 11.Shares are traded under ticker symbol VYGR.V, as a company blog post outlines.The listing comes following the completion of a so-called reverse…

Dogecoin at $0.44 embraces ‘literal moon’ ahead of Elon Musk SpaceX launch
Bitcoin (BTC) may be flagging, but one cryptocurrency could not be less fazed by the market downturn, hitting new all-time highs.Dogecoin (DOGE), the altcoin based on a Shiba Inu meme, passed $0.40 for the first time on April 19, capping weekly gains of 400%.New all-time highs keep coming for DOGEThe rags-to-riches moves by DOGE throughout…

South African Reserve Bank encourages friendly behavior with crypto
The banking authority said avoiding risk through cutting off crypto-involved clients may pose a “threat” to financial integrity. 112 Total views 33 Total shares The Prudential Authority of the Reserve Bank of South Africa sent out guidelines in effort to prevent illicit activities to its subsidiaries, which included encouragement not to cut off all ties…

Thai SEC: Interest Increases in ICO and Digital Asset Operations Licenses
The Thai Securities and Exchange Commission (SEC) says they have seen increased interest in licenses to operate initial coin offerings (ICOs) following the Finance Ministry's announcement to introduce ICO regulations, the Bangkok Post reported August 8. The SEC secretary-general Rapee Sucharitakul told the Bangkok Post said that almost 50 ICO projects have expressed interest in…