Here’s why a multi-million toy business is venturing into the metaverse

Here’s why a multi-million toy business is venturing into the metaverse

When Jackson Aw was introduced to blockchain technology in 2018, he “didn’t get it at all.” “Can someone dumb it down even further for me? Like, can you just tell me what I can get as a consumer?” That was four years ago. Today, Aw, seems to have the answer to that question. The 32-year-old … Read more

Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’

Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according … Read more

Explained | What are SEBI’s concerns around crypto assets?

Why has the market watchdog said it is difficult to regulate such currencies? What is the status of the bill? Why has the market watchdog said it is difficult to regulate such currencies? What is the status of the bill? The story so far: The Securities and Exchange Board of India (SEBI), the watchdog which … Read more

Cryptocurrency industry focus: Regulation, stablecoins, market crash

A visual representation of Bitcoin cryptocurrency. Edward Smith | Getty Images Cryptocurrency companies dominated the main street at the World Economic Forum in Davos this year, a notable difference between this edition and the last one in 2020. The high-profile presence from the industry came even as the cryptocurrency market crashed. It was sparked by … Read more

As Bitcoin Falters, Crypto Miners Brace for a Crash

Last year, as bitcoin’s price rose as high as $68,000, miners were having a blast. Their profits, according to some estimates, were hovering just under 90 percent, and many of them decided to expand their operations at a frantic pace, bracing for an even larger 2022 bonanza. That windfall has not come to pass. Over … Read more

‘No longer just a payments company’

Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Block executives no longer want the firm to be seen as a payments pure play. The San Francisco-based company held its first investor day in five years … Read more

China blockchain explainer: What is BSN?

China has made blockchain technology a strategic priority. Blockchain-based Service Network, or BSN, is part of its efforts to boost its capabilities in the sector. Yuichiro Chino | Moment | Getty Images Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology. In a speech in 2019, … Read more

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials Flamingo Casino Club’s operators failed to disclose its Russian … Read more

What Is Cryptocurrency Exchange Script/Software? How to Open Your Own Exchange?

Over 2,300 businesses in the US alone use bitcoin and other digital assets for transactional, operational, and investments purposes. It is no wonder that many individuals and businesses jump on the opportunities cryptocurrencies offer. One of such crypto opportunities is creating your own exchange platform with a cryptocurrency exchange script. What is a cryptocurrency exchange … Read more