Blockchain-based play-to-earn (P2E) games stole the show in 2021, exploding from a fringe hobby into a major part of the decentralized space. They even helped people in developing economies put food on the table, as these games’ economic models do not shun things like farming in-game currency and items to re-sell to other players, which many non-blockchain massively multiplayer online games (MMOs) frown on, to say the least. The mainstream gaming industry was taking notes as the P2E rocketship shot for the moon — and its flight has left the industry bitterly splintered. On the one hand, top executives from leading games companies, such as Ubisoft and Square Enix, set their sights on the new market, seeing new business models, new revenue streams, new monetization opportunities —...
The city of Paris — the capital of France, renowned for its affinity for romanticism, historical architecture and acquired palate for culinary delicacies — played host to the two-day Paris Blockchain Week Summit this week. The event saw the participation of the industry’s leading figureheads and over 3,000 crypto enthusiasts. Held at the Palais Brongniart, the former home of the Paris stock exchange and once synonymous with its exchange of wheat grain, the newly transformed conference center saw keynote speeches and fireside chats from experts such as Binance’s Changpeng “CZ” Zhao, Tether’s Paolo Ardoino and Digital Currency Group’s Rumi Morales, among many others. If you missed the action, here’s a literary highlight reel of all the most important moments from the summit. And y...
United States-based cryptocurrency exchange Coinbase sent waves across the cryptocurrency ecosystem on Apr. 11 when it released a list of 50 crypto assets that were under consideration for listing in the second quarter of 2022 in a bid to increase the transparency of its listing process. Responses to the release were mixed and led to some allegations of insider trading by crypto sleuths, while a majority of crypto traders took a deeper dive into the list in an attempt to discover diamonds in the rough. Following a week’s worth of trading that saw many of the tokens on the list experience pump-and-dumps, the dust is beginning to settle revealing Morpheus Labs (MITX), Kromatika (KROM) and Big Data Protocol (BDP) as the top three gainers from the Coinbase announcement. Morpheus Labs Mor...
Opera released a beta version of its Web3 browser with a built-in crypto wallet on Friday for iOS devices, iPhone and iPad. Opera’s Crypto Browser has been available for Mac and Windows desktop users, as well as Android mobile users since January. The mobile release is the latest step in its Crypto Browser Project, a Web3-focused initiative for facilitating navigation across decentralized applications (DApp), games and metaverse platforms. According to the company, the main features includes the Opera Wallet with support for the Ethereum, Polygon, and Celo ecosystems to buy, sell and transfer tokens. Users can also restore any Ethereum Virtual Machine (EVM) compatible Wallet with the native Opera Wallet and integrate their existing assets and balances. On th...
During the Bitcoin 2022 Conference in Miami, Florida, Cointelegraph caught up with Ricardo Salinas, the founder and chairman at Grupo Salinas, in an exclusive sit-down interview. As an early Bitcoin (BTC) adopter, since its $200 days, Salinas has experienced first-hand the highs and lows of the market, and learned a thing or two along the way. [embedded content] Salinas started off the day as a panelist at the main stage of the Miami Beach Convention Center among fellow billionaires Orlando Bravo, Marcelo Claure and Dan Tapiero. In a discussion titled “Bitcoin Billionaire Capital Allocators,” Salinas disclosed that 60% of his portfolio is in Bitcoin, while the other 40% is a mix of oil and gas investments. From left, moderator Greg Foss, Marcelo Claure, Ricardo Salinas, Da...
Bitcoin (BTC) remains closely correlated with the S&P 500 but the institutional investors do not seem to be waiting for a turnaround in the United States’ equities market or decoupling to happen before buying more Bitcoin. Notably, 30,000 Bitcoin moved out of Coinbase Pro in a single day, suggesting strong institutional demand. MicroStrategy, the publicly listed company, which is the largest single-wallet holder of Bitcoin, does not seem to be content with its stash of 129,219 Bitcoin. In a letter to shareholders, the firm’s CEO Michael Saylor said that the company aims to “vigorously pursue” and “increase awareness” about its Bitcoin strategy. Daily cryptocurrency market performance. Source: Coin360 Another entity that has been at the forefront of Bitcoin purchases in the p...
The world of digital assets saw a significant rise last year. The total cryptocurrency market cap reached $3 trillion, making more people, governments and universities take a closer look at the asset class. The presence of crypto in the world’s major economies has created a big opportunity for diverse startups in the industry, leading to a massive demand for digital assets. This newly born market has helped develop more working and educational opportunities, among other things. Furthermore, some of the world’s top universities and educational institutions including MIT, the University of Oxford and Harvard University, have added pieces of the burgeoning technology to their curriculums. Here are some of the top universities that have added blockchain-related subjects to their syllabus...
Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for supervision. In a Friday announcement, the White House said Barr was Biden’s pick to supervise the Federal Reserve and set the regulatory agenda for its leadership. Barr was on the advisory board of Ripple Labs from 2015 to 2017, served as the Treasury Department’s assistant secretary for financial institutions under former President Barack Obama, and taught courses on financial regulation at the University of Michigan. According to the White House, he was “a key architect” of the Dodd-Frank Act — legislation that continues to in...
On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked North Korean cybercriminal Lazarus Group as an alleged perpetrator for the recent $600 million+ Ronin Bridge exploit. As told by blockchain analytics firm Elliptic, the hackers have sent approximately $80.3 million worth of Ether (ETH) through Tornado Cash. “Maintaining financial privacy is essential to preserving our freedom; however, it should not come at the cost of non-compliance,” said the Tornado Cash team. Tornado Cash is a popular cryptocurrency mixture used to obfuscate the trail of transactions for privacy. The Chainalysis S...
KuCoin, a leading crypto exchange, on April 8th launched its NFT launch platform called KuCoin IGO. The platform will serve as a platform for IGOs – Initial Gaming Offerings – for NFT and blockchain gaming projects. KuCoin IGO is intended to fuel growth in the metaverse, Web3, and blockchain gaming industry since KuCoin believes that gamification and NFTs will play a key role in the virtual worlds of the future. While announcing the launch of the IGO platform, KuCoin CEO Johnny Lyu said: “The metaverse is one of the most exciting topics of today, and a brand-new way of life in the near future. When both giants such as Meta, Amazon, and Tencent and wealthy investors such as Elon Musk are heavily investing money, talent, and technology into the metaverse, one must believe that thi...
SHIB and ELON were both developed as meme-coins. Over time, they experienced a lot of developments. These tokens could grow in value tremendously. Shiba Inu (SHIB) and Dogelon Mars (ELON) are both meme-coins inspired by the success of Dogecoin (DOGE), which over time evolved with their own ecosystems. These tokens have tremendous potential for growth, and today, we will go over each token to see by how much. Should you buy Shiba Inu (SHIB)? On April 15, 2022, Shiba Inu (SHIB) had a value of $0.00002595. In order for us to see what this value point means for the SHIB token, we will be going over its performance throughout the previous month, as well as its all-time high value. The all-time high point of value for Shiba Inu (SHIB) was on October 28, 2021, when it reached $0.00008616. This me...
Nexo Card was termed the world’s first crypto-backed payments card Circle has completed a $400 million funding round Michael Saylor says MicroStrategy’s Bitcoin buying spree will continue Portugal’s Bison Bank snaps the first-ever VASP license to a bank in the country Dogecoin co-founder Jackson Palmer is unimpressed by Elon Musk’s attempt to acquire Twitter ‘Tremendous success’ CEO Michael Saylor hails MicroStrategy’s Bitcoin buying spree In a recent letter to investors, MicroStrategy CEO and crypto bull Michael Saylor has lauded the decision to flood the firm’s treasury with Bitcoin. He said the company intends to continually “vigorously pursue” this ambition into the future. In the letter embedded in MicroStrategy’s 2022 Proxy Statement dated April 14, Saylor explained to stockhold...