New wave of GameFi projects are costing millions of dollars to develop
Players are increasingly demanding greater playability and interactions that allow them actually to enjoy the Web3 games they play.
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Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’
CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced and tailored approach needs to be taken into consideration. 336 Total views 4 Total shares Self-regulatory organization CryptoUK and crypto exchange Kraken UK has slammed a recent report from a panel of British lawmakers that suggested crypto should be regulated…
State caps or federal regulation: What’s next for political crypto donations
On Jan. 25, the Committee on Elections introduced a bill to the Kansas House of Representatives aimed at capping political donations via crypto at $100. Regardless of the success of this legislative initiative, the state of Kanzas won’t be the first jurisdiction to target anonymous donations. From authoritarian nations like Russia or China to electoral…
Tim Draper Predicts Total Crypto Market Cap of $80 Trillion in Next 15 Years
Venture capital investor Tim Draper has predicted that total cryptocurrency market capitalization will hit $80 trillion in the next 15 years, news outlet DealStreetAsia reported September 14.Speaking at the DealStreetAsia PE-VC Summit 2018 in Singapore, Draper argued that the significant slide in the cryptocurrency market in recent months is attributed to people who have not…
Major Swiss bank ZKB launches Bitcoin and Ether trading
Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba.
FinCEN includes crypto in alert on Russia potentially evading sanctions
"Prompt reporting of suspicious activity contributes to our national security and our efforts to support Ukraine and its people," said FinCEN acting director Him Das. 185 Total views 2 Total shares The United States Financial Crimes Enforcement Network, or FinCEN, a bureau of the Treasury Department, has warned financial institutions to consider crypto as a…
FarmVille NFTs on the horizon? Zynga hires new VP for blockchain gaming
Zynga will work on integrating NFTs and blockchain into its existing portfolio in addition to developing new NFT-based games. 1198 Total views 33 Total shares Nonfungible tokens (NFTs) scored another win with gaming giant Zynga’s announcement of the upcoming integration of NFTs and blockchain into the publisher’s portfolio.San Francisco-based game developer Zynga, best known for…
Microsoft hires Sam Altman, Greg Brockman after departure from OpenAI
The CEO of Microsoft announced on X that Sam Altman and Greg Brockman will be joining Microsoft after their abrupt departure as heads of OpenAI. 132 Total views 2 Total shares Microsoft CEO Satya Nadella posted on X, stating that the company is hiring both former OpenAI CEO Sam Altman and president Greg Brockman.On Nov.
Russian central bank registers nation’s first digital asset manager
In late 2021, Bank of Russia deputy governor claimed the bank would allow crypto investment only via foreign firms. 145 Total views 10 Total shares The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday.According to the announcement, the Bank of Russia…