Binance Labs Announces $500 Million Fund For Web3 And Blockchain Startups
Binance, FTX, and a16z Backed Game Studio Building NFL’s First NFT-Based Game
On Wednesday (May 25), the National Football League (NFL), NFL Players Association (NFLPA), and next-generation game technology studio Mythical Games today announced a strategic partnership to create “NFL Rivals“. Mythical Games, which is headquartered in Sherman Oaks, California, was launched in November 2018. According to a report by GameDaily.biz, The founding team at Mythical — CEO John Linden, CCO Jamie […]
Read moreCardano Creator Thanks Davos 2022 for ‘Being a Walking Cryptocurrency and Blockchain Advertisement’
On Tuesday (May 24), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, credited Davos 22 for inadvertently promoting blockchain technology and cryptocurrency. Hoskinson was referring to concerns raised by some prominent members of the crypto community — such as Chinese-Canadian Bitcoin entrepreneur Samson Mow, who announced on […]
Read moreGoldman CEO Is ‘A Real Bull on the Digital Disruption of Financial Infrastructure’
Recently, David Solomon, who is Chairman, CEO, and a member of the Board of Directors of The Goldman Sachs Group, Inc., shared his thoughts on blockchain technology and cryptocurrencies. Solomon made his comments on May 18 during an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box”. When asked how Goldman sees itself gitting into the crypto landscape, Solomon replied: […]
Read moreRussia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates – Mining Bitcoin News
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part of efforts to legalize Russia’s crypto space. Russia Prepares to Legalize Cryptocurrency Mining […]
Read moreBitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment – Mining Bitcoin News
Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the second time in a row, making it 0.35% less difficult to […]
Read moreEthereum Merge Proves Successful on Kiln Testnet
As the Ethereum blockchain edges closer to its proof-of-stake transition, the network has merged with the Beacon chain on the Kiln testnet. The news marks the final step before the blockchain deploys the upgrade and moves away from leveraging a proof-of-work consensus mechanism. Ethereum blockchain engineer Tim Beiko revealed that the network deployed a partly successful merge on the Kiln […]
Read moreBiden Signs Widely Anticipated Executive Order Regulating Digital Assets
The EU is open to cryptocurrency, as long as there is regulation
The European Union is more open to cryptocurrency than you think. They have been discussing options to integrate cryptocurrencies into the financial system. This Friday, European Commissioner for Home Affairs, Ylva Johansson, told the Munich Security Conference that the European Union (EU) will be prepared to open up crypto trading if the risks are managed properly and regulations are strengthened. […]
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