Atari creates new blockchain division amid leadership shuffle
The video game giant says the new blockchain division will focus on leveraging the novel tech for decentralized gaming. Atari has announced the creation of a new blockchain division as part of an organizational shuffle within the company.In a press…
Upbit investor stock price surges three-fold amid bullish crypto trading in South Korea
A minority investor in a major South Korean crypto exchange is currently the best performing stock in the country. The effects of South Korea’s crypto frenzy seem to be spreading beyond the cryptocurrency market to affect stock prices in the…
DeFi needs regulatory clarity to interface with ‘real-world’ finance, experts say
Decentralized finance protocols and regulatory agencies need to figure out DeFi regulations to enable the niche crypto market to integrate with real-world finance. Rune Christensen, co-founder of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from…
Coinbase and Square lead new crypto lobbying effort
The Crypto Council for Innovation is looking to lead the charge for sensible cryptocurrency regulations around the world. Major stakeholders in the cryptocurrency scene, like Coinbase and Square, have formed an alliance to better relate with policymakers and regulators on…
Akon to build second African crypto-city in Uganda
Uganda’s government has reportedly allocated land for Akon’s crypto-city development project in the country. Senegalese-American rapper and businessperson Akon is set to begin building another crypto city, this time in the East African nation of Uganda.According to a report by…
Global fashion brands reportedly considering NFT foray
Major brands like Gucci are mulling whether to create nonfungible tokens based on their wares. Fashion giants may be the next globally recognized brands to enter the expanding NFT metaverse.According to Vogue Business, several premium fashion houses are moving closer…
Pension funds and insurance firms alive to Bitcoin investment proposal
Bitcoin’s appeal among institutional investors is spreading toward insurance firms and life and annuity companies. Life and annuity companies are increasingly dedicating part of their asset base to Bitcoin (BTC). While the top crypto has delivered the best returns over…
Bank of Thailand to begin central bank digital currency tests in 2022
Thailand’s central bank is calling for public comments on its proposed plan to launch a sovereign digital currency within the next five years. The Bank of Thailand has set its agenda for a retail central bank digital currency with preliminary…
Eastern Caribbean Central Bank's DCash digital currency goes live
The ECCB has launched a regional central bank digital currency in partnership with Caribbean fintech outfit Bitt. The Eastern Caribbean Central Bank, the main financial institution of the Eastern Caribbean Currency Union, has launched DCash.The ECCB announced the launch of…