GameStop looks toward NFT marketplace launch after big Q4 loss
The firm also highlighted that the Immutable X NFT marketplace deal is set to fetch the firm $150 million worth of IMX tokens upon the “achievement of certain milestones.” Much…
Russia’s central bank goes to war: Is cryptocurrency a friend or foe?
Policymakers in Moscow are scrambling to rethink their approach to digital currency as one of several means of protecting the increasingly isolated economy. In January 2022, the Central Bank of…
Polygon onboards Simba Chain for Ethereum scaling and infrastructure development
Simba aims to lower the barrier of entry into Web3 for Web2 firms with the help of a decentralized platform that provides necessary developer tools. Ethereum (ETH) layer-2 solution Polygon…
The Internet of Beer: Robotics startup taps Bitcoin to deliver automated beverage
Using their Lightning Network-supporting wallets, participants were able to receive their own beer, poured just seconds after completing the transaction by scanning a QR code. Pubinno, a San Francisco-based technology…
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or…
Mike Novogratz Expects Bitcoin to Hit $500K — Says BTC Is a Great Alternative in Economies With Poor Stewardship
Galaxy Digital CEO Mike Novogratz says bitcoin is a great alternative and a lifeline to people in countries with poor stewardship of the economy. He expects the price of the…
8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the…
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a…