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After Predicting $400K Bitcoin, Guggenheim Now Sees a Crash to $8K

May 24, 2022 Uncategorized Eddy 0

With the price of bitcoin currently below $30,000, Scott Minerd, the chief investment officer of global investment giant Guggenheim Partners, believes BTC’s value could further dip to $8,000. Bitcoin Price Could Bottom at $8,000 Minerd made the bearish prediction on Monday (May 23, 2022), during an interview on CNBC’s Squawk Box at the World Economic […]

GameStop Rolls Out Self-Custodial Wallet for Cryptocurrencies and NFTs

May 23, 2022 Uncategorized Eddy 0

American video game retailer GameStop announced the launch of its digital asset wallet. Following the development, shares of GameStop (GME) rose by more than 2% premarket on Monday to $98.02. It was currently trading at $95.66. GameStop Wallet GameStop’s new self-custodial Ethereum wallet will allow users to store, send, receive and use cryptocurrencies and non-fungible […]

Stablecoins May Not Be Part of SEC’s Jurisdiction, Commissioner Peirce Says

May 22, 2022 Uncategorized Eddy 0

The recent havoc in the crypto market wreaked by Terra’s collapse has put stablecoins under the spotlight again. As of now, the next move by America’s top financial watchdog (the Securities and Exchange Commission) on crypto regulations remains unclear. An SEC Commissioner revealed in a recent interview that stablecoin regulations might not fall into SEC’s […]

a16z Reiterates Bullish Thesis on Web3, Compares it to the Internet’s Early Days

May 21, 2022 Uncategorized Eddy 0

Leading crypto VC firm Andreessen Horowitz (a16z) released a report offering an annual overview of the current trends and state of the crypto industry. The paper reiterated the firm’s bullish views on Web3, projecting long-term growth ahead of the sector, and weighed in on the dominant position as claimed by Ethereum among layer-one blockchains. “Web3 […]

SWIFT Experiments With CBDC Interoperability for Facilitating Cross-Border Payments

May 21, 2022 Uncategorized Eddy 0

The global provider of secure financial messaging services, SWIFT, is testing to interlink multiple domestic-based emerging CBDC networks for cross-border transactions. The Belgium-based network, which enables financial institutions to communicate with each other for global payments, has tapped the French information technology services and consulting company Capgemini for the move. CBDCs’ Interoperability According to the […]

Dubai Creates Committee to Help Cement Its Position as ‘Key City in the Metaverse’

May 21, 2022 Uncategorized Eddy 0

The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee is also expected to bolster the rulers’ quest to make Dubai a “key city in the metaverse.” Dubai Rulers’ Vision The Dubai rulers, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum the crown […]

Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank

May 20, 2022 Uncategorized Eddy 0

Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank Database Decentralized hacking group Anonymous claims to have hacked Sberbank. A Twitter account associated […]

a16z Launches a $600 Million Game Fund Backed by Roblox and Blizzard

May 20, 2022 Uncategorized Eddy 0

Renowned VC firm – Andreessen Horowitz (known as “a16z”) – announced launching a $600 million fund, GAMES FUND ON, dedicated to investing in the gaming industry. It has garnered support from industry leaders, including the founders and cofounders of Roblox, Blizzard, Riot Games, Discord, Twitch, and more, for building the next generation of digital games. […]

Bitcoin Argentina NGO to Take Crypto Education to Schools

May 19, 2022 Uncategorized Eddy 0

Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin education to high schools. The project, called “Schools and Bitcoin,” will help educate high school students about the relevance of Bitcoin and the differences between this alternative system of money and the traditional […]

Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse

May 19, 2022 Uncategorized Eddy 0

On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans to bring virtual insanity to the band’s virtual land located in The Sandbox metaverse. Acid Jazz-Funk Band Jamiroquai Joins the Sandbox Virtual […]

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