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July 2022

What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets

What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets

Corporations are likely to remain cautious on adding bitcoin to their treasuries, but not because of Tesla’s move. Tesla (TSLA) opting to sell 75% of its bitcoin (BTC) holdings is unlikely to have a significant impact on whether other firms will be adding crypto to their corporate treasuries. For starters, CEO Elon Musk has not entirely abandoned […]

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NON-PROFIT ₿TRUST IS FUNDING NEW BITCOIN DEVELOPERS IN AFRICA

NON-PROFIT ₿TRUST IS FUNDING NEW BITCOIN DEVELOPERS IN AFRICA

₿trust has located the founding member for its new cohort designed to locate and educate new developers in the Bitcoin ecosystem, beginning with Africa. ₿trust is locating, educating and paying new Bitcoin developers in Africa to decentralize contributors around the world. The non-profit has identified its founding member who will focus on custody solutions empowering

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Metaverse Developer Epic Games Claims Won’t Ban NFTs like Minecraft

Metaverse Developer Epic Games Claims Won’t Ban NFTs like Minecraft

Epic Games, Inc., creator of Metaverse battle royale game Fortnite, says it would not ban NFTs like Minecraft. “Developers should be free to decide how to build their games, and you are free to decide whether to play them. I believe stores and operating system makers shouldn’t interfere by forcing their views onto others. We

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Russia and Ukraine sign UN-backed deal to resume grain exports via the Black Sea

Russia and Ukraine sign UN-backed deal to resume grain exports via the Black Sea

KEY POINTS Russian and Ukrainian officials sat at separate tables to sign the documents. The deal is significant for global food supplies. But also as it’s the first major agreement between the two sides since Moscow launched it’s unprovoked onslaught on Feb. 24. International onlookers are cautious on the deal and Russia will be closely

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Xiaomi Files Patent to Create Its Own Blockchain-Powered Virtual Characters

Xiaomi Files Patent to Create Its Own Blockchain-Powered Virtual Characters

Xiaomi, one of the biggest mobile phone and tech companies in the world, has introduced a patent that implements blockchain technology for the creation of its own virtual characters. The patent, introduced in China, mentions that the creation of these characters will be randomized thanks to the introduction of a gene sequence, responsible for determining

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Nasdaq gains boosted by Tesla shares, dollar decline

Nasdaq gains boosted by Tesla shares, dollar decline

The Nasdaq Composite gained as Tesla shares rose on the back of better-than-expected earnings results, and as traders eyed a softer dollar that boosted tech stocks. The Nasdaq Composite gained 0.76% in an up-and-down session. The S&P 500 gained 0.4%. Meanwhile, the Dow Jones Industrial Average gained 30 points, or 0.1%. Tesla shares surged 7%

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FIFA Files Metaverse-Linked Trademark Applications for 2026 World Cup

FIFA Files Metaverse-Linked Trademark Applications for 2026 World Cup

Federation Internationale de Football Association (FIFA), the world’s largest football governing body, has reportedly filed for trademarks as it seeks to take experiences that will be created in the 2026 World Cup into the metaverse. The news about the metaverse filing was first unveiled by Mike Kondoudis, a USPTO licensed trademark attorney who unveiled that the filing

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Mojang Studios bans Minecraft NFT integrations

Mojang Studios bans Minecraft NFT integrations

“NFTs can create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft,” says the entity. On Wednesday, Minecraft’s developer Mojang Studios said that it would be excluding the integration of nonfungible tokens, or NFTs, alongside blockchain technology as a whole, in its popular namesake game. In explaining the decision, Mojang wrote:

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PRIVATE ISLAND IN THE BAHAMAS SEEKS BITCOIN LIGHTNING WALLET PROVIDER PARTNERSHIP

PRIVATE ISLAND IN THE BAHAMAS SEEKS BITCOIN LIGHTNING WALLET PROVIDER PARTNERSHIP

Chub Cay, an island in the Bahamas, is actively looking for a Lightning Network wallet provider to launch a bitcoin standard to pioneer financial inclusion. Chub Cay is an island located in the Bahamas and is currently looking for a Bitcoin Lightning Network wallet provider to partner with. Chub Cay Resort and Marina conducted an

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