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August 2022

Sony hikes the price of its PlayStation 5 console because of soaring inflation

Sony hikes the price of its PlayStation 5 console because of soaring inflation

Leave a Comment / Business /

KEY POINTS Sony on Thursday raised the recommended retail price of its PlayStation 5 games console in several international markets citing the global economic environment, including high inflation. The Japanese gaming giant said that the price hikes are effective immediately except in Japan where they will begin on Sep. 15. Sony is not raising the […]

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Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations

Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations

Leave a Comment / Stablecoins /

While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not “freeze Tornado Cash addresses.” Tether’s recently published blog post about the subject says the company is waiting for instructions from law enforcement. Tether

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ACCOUNTING FOR BITCOIN AND DIGITAL ASSETS

ACCOUNTING FOR BITCOIN AND DIGITAL ASSETS

Leave a Comment / Bitcoin News /

ACCOUNTING FOR BITCOIN AND DIGITAL ASSETS   In an article, “Cryptocurrency: Bitcoin or Beertokens?” from AccountingWEB , the author writes that a number of U.S. states have issued guidance on how to tax transactions involving Bitcoin, and it can be assumed that other countries will follow suit eventually. According to the article written by Kara Sommers,

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Are Your Kids Safe In A Virtual World? Inside The Metaverse

Are Your Kids Safe In A Virtual World? Inside The Metaverse

Leave a Comment / Metaverse /

Are Your Kids Safe In A Virtual World? Inside The Metaverse   Early research shows that experts aren’t too optimistic about how the Metaverse will affect children. Citing the negative effects of social media, such as depression, self-harm and a slew of other mental health issues, experts note that the Metaverse might be even worse. However, it’s

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OVER HALF OF INDIAN BITCOIN, CRYPTO INVESTORS SAY IT IS THE FUTURE OF FINANCE: SURVEY

OVER HALF OF INDIAN BITCOIN, CRYPTO INVESTORS SAY IT IS THE FUTURE OF FINANCE: SURVEY

Leave a Comment / Cryptocurrency /

KuCoin’s Into The Cryptoverse survey showcases Indian adoption of bitcoin and crypto with 56% of respondents saying the asset class is the future of finance. KuCoin released a survey detailing bitcoin and crypto adoption in India. 56% of surveyed investors believe bitcoin and crypto are the future of finance. India’s investor class is becoming increasingly

OVER HALF OF INDIAN BITCOIN, CRYPTO INVESTORS SAY IT IS THE FUTURE OF FINANCE: SURVEY Read More »

Bankrupt Crypto Lender Celsius Sues Prime Trust Over M in Tokens

Bankrupt Crypto Lender Celsius Sues Prime Trust Over $17M in Tokens

Leave a Comment / Business /

The dispute stems from a trove of assets held by Prime Trust for Celsius customers in New York and Washington. Celsius Network on Tuesday sued crypto custodian Prime Trust in an attempt to claw back $17 million in crypto that the bankrupt lender alleges its former business partner still holds. Filed in federal bankruptcy court,

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Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames

Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames

Leave a Comment / NFTs /

“Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links for auction,” the Telegram founder wrote. Pavel Durov, the founder of encrypted messaging application Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made

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