Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca …
Monthly archives: March 2022
Jordan Belfort Joins OneTo11 Blockchain Gaming Ecosystem as an Investor
press release PRESS RELEASE. SINGAPORE, March. 3, 2022 / DN News Desk / — Jordan Belfort, also known as the Wolf of Wall Street, has joined the pioneering blockchain gaming platform OneTo11 as an investor. He joins several other big names such as Maximus Capital, Jason Stone, and Carl Runefelt. OneTo11 raised a total of …
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Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official
The Rwandan central bank may not know whether it can issue a digital currency until December 2022, when it completes a study that looks at the benefits and risks that come with such a currency, the bank’s deputy governor has said. The Investigation Phase The deputy governor of the Rwandan central bank, Soraya Hakuziyaremye, recently …
Is a Full-Blown Crypto Rally Imminent? Macro Guru Raoul Pal Says Conditions Mimicking Previous Bull Run
Real Vision CEO and global macro guru Raoul Pal says that the price action of the crypto market is signaling bullish times ahead. Pal tells his 896,900 Twitter followers that the crypto market is currently mirroring March of 2020, which was during the early phase of the Covid-19 pandemic when asset prices crashed before staging …
Terra’s Anchor Protocol erases ‘crypto winter’ losses, ANC price rebounds 300% in a month
Anchor Protocol (ANC), the decentralized finance (DeFi) platform built on the Terra blockchain protocol, rebounded nearly 300% in over a month after bottoming out near $1.26. ANC price went as high as $4.97 on the Bitfinex cryptocurrency exchange on March 3, 2022, breaking above the previous record peak near $4.50 established on Dec. 3 last …
How to maximize cryptocurrency earnings with smart trading
With news of early adopters retiring millionaires, and newbies making a 300% profit or more on their cryptocurrency holdings, investing in digital assets is seen by many as a lucrative opportunity. That said, cryptocurrency continues to exist as one of the most volatile asset classes, marked with significant price swings branching from the highest highs …
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How do you DAO? Can DAOs scale and other burning questions
DAO: Decentralized. Autonomous. Organization. “The whole phrase is a misnomer. They’re not decentralized, not autonomous and they are not organizations,” Monsterplay blockchain consultancy founder David Freuden tells Magazine. Freuden co-authored a 51-page report on DAOs in May 2020 in an attempt to help realize their potential. “We need DAOs,” he explains. “The idea of ‘shareholder first’ …
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Experts weigh in on new crypto regulations in South Africa
As part of a series of amendments to South Africa’s financial laws, crypto-asset service providers will become accountable institutions. A report from the South African Treasury announced further crypto regulations “to be finalized during 2022.” In brief, the proposed changes will ensure that “any person providing advice or intermediary services related to crypto assets must …
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Uniswap praised for new feature facilitating donations to Ukraine
The vice prime minister of Ukraine, Mykhailo Fedorov, has praised Uniswap, a leading decentralized exchange, over its efforts to make it more convenient for the cryptocurrency community to donate towards the country. Uniswap recently developed a feature that allows the conversion of ERC-20 tokens into Ether tokens to make it easy for users to donate …
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EOS co-founder eyeing the Vermont senatorial seat
The co-founder of EOS, Brock Pierce, is advancing with his political ambitions despite failing to clinch the US presidential seat in 2020. Pierce is currently eyeing o be the next senator of Vermont. Pierce running for Vermont senator On November 11, Pierce filed a statement with the Federal Election Commission to run as a senator …
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Nomura Holdings, Inc. announced the launch of Digital Company
Nomura Holdings, Inc. stated that beginning April 1, 2022, it would reorganize its Future Innovation Company into a recently created Digital Company. The team has announced the formation of a new digital assets team to investigate potential prospects in the asset class. Those might indicate increased institutional interest in cryptocurrencies and NFTs. The financial planner, …
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Despite the concerns, Tencent submitted a patent for virtual concerts
Tencent, the Chinese digital behemoth, has extended its metaverse push by submitting a patent for virtual concerts. Tencent decided to do this despite the concerns from Chinese authorities. According to industry data tracker Qichacha, Tencent has filed a patent for virtual concerts with the Chinese National Intellectual Property Administration (CNIPA). The filing comes as Chinese …
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Ukraine accepts Dogecoin as a Crypto Donation
The ongoing political tussle between Russia and Ukraine has given a major blow to the global economic, financial, and social sphere. Where Vladimir Putin-led Russian military force is invading Ukrainian territory, the latter is fighting back strongly to preserve its independence. The dire conditions have created economic turbulence in Ukraine and to solve this the …
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Top 7 Metaverse Wallets in 2022
According to Mark Zukerberg, Metaverse is the successor of the mobile Internet. The internet coupled with digital technologies has done wonders for the world. Businesses and individuals are more connected than they were 10 years before it. With Metaverse which is a virtual world, we can interact with each other through digital avatars. Though the …
Tokenization Vs Encryption – A Detailed Comparison
For information that is being transmitted over the Internet or stored at rest, tokenization and encryption are frequently mentioned as ways to protect it. While tokenization and encryption can both help your organization meet its own data security policies, they can also fulfill regulatory requirements such as those under PCI DSS, HIPAA-HITECH, GLBA, ITAR, and …
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