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December 2022

Goldman Sachs reportedly looking to buy crypto firms after FTX collapse

Goldman Sachs reportedly looking to buy crypto firms after FTX collapse

Leave a Comment / Cryptocurrency /

As the recent FTX debacle impacts crypto company valuations, financial services firm Goldman Sachs wants to step in and invest millions to buy or invest in crypto companies while prices are low. In an interview with leading news agency Reuters, Mathew McDermott, an executive at Goldman Sachs, said big banks see opportunities in this space […]

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Chainlink Adds Staking After Cutting Sales Staffers

Chainlink Adds Staking After Cutting Sales Staffers

Leave a Comment / News /

Tag Chainlink Labs as the latest cryptocurrency company to launch layoffs and blame the bear market while preparing opportunistic new products. The company, which operates Oracle solutions and associated smart contracts connected to Chainlink’sChainlink’s blockchain ecosystem, has released a “good chunk” of its sales force in recent weeks, according to a source familiar with the

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Animoca Brands secures majority stake in music metaverse gaming platform

Animoca Brands secures majority stake in music metaverse gaming platform

Leave a Comment / Metaverse /

Animoca Brands, a digital entertainment, blockchain, and gamification company, has secured a majority stake in Los Angeles-based music metaverse gaming platform Pixelynx. Animoca Brands expects its acquisition will drive integration between gaming technologies and communities and Web3, the company announced in December. Financing terms for the acquisition were not disclosed.  Animoca indicated it would continue

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'Zombie' viruses are thawing in melting permafrost because of climate change

‘Zombie’ viruses are thawing in melting permafrost because of climate change

Leave a Comment / News /

Thawing permafrost due to climate change may unleash a host of ancient viruses, according to a team of European researchers who say they found 13 previously unknown pathogens trapped in vast Russia’s frozen ground. Siberian region. Scientists found a virus they estimate washed up under a lake more than 48,500 years ago, highlighting a potential

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Vitalik Buterin Names 5 Things Happening in Ethereum (ETH) That He’s Excited About

Vitalik Buterin Names 5 Things Happening in Ethereum (ETH) That He’s Excited About

Leave a Comment / Ethereum News /

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Sam Bankman-Fried’s Trading Arm Invested ,150,000,000 Into Bitcoin Mining Company: Report

Sam Bankman-Fried’s Trading Arm Invested $1,150,000,000 Into Bitcoin Mining Company: Report

Leave a Comment / Bitcoin News /

Sam Bankman-Fried’s Trading Arm Invested Alameda Research, the trading firm founded by disgraced former crypto billionaire Sam Bankman-Fried, has reportedly invested over $1 billion in a Bitcoin (BTC) mining company. According to a Bloomberg report, Alameda has bet heavily on BTC mining. Through a $1.15 billion investment in Genesis Digital Assets, a New York-based company

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Pakistan launches new laws to expedite CBDC launch by 2025

Pakistan launches new laws to expedite CBDC launch by 2025

Leave a Comment / News /

The State Bank of Pakistan has signed new legislation for e-money institutions (non-banks offering digital payment instruments) to ensure the timely issuance of a CBDC within the next three years. Regulators worldwide see central bank digital currencies (CBDCs) as an opportunity to enhance fiat capabilities by adopting the financial capabilities of the technologies that power

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Metaverse comes in second place for Oxford's word of the year

Metaverse comes in second place for Oxford’s word of the year

Leave a Comment / Metaverse /

Metaverse comes in second place for Oxford’s word of the year The term describes an internet-enabled virtual world lost in ‘goblin mode’ in 2022: “a type of behavior that is uncompromisingly smug, lazy, carefree, or greedy. The Oxford University Press team chose ‘Metaverse’ as the Runner-up for “Troll Mode” for word of the year in

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Malta prepares to revise regulatory treatment of NFTs

Malta prepares to revise regulatory treatment of NFTs

Leave a Comment / NFTs /

Requests to review the “regulatory treatment” of non-fungible tokens (NFTs) within its Virtual Financial Assets Framework are currently being examined by the Malta Financial Services Authority (MFSA). NFTs are subject to the Virtual Financial Assets Act’s current regulatory framework, along with virtual tokens, virtual financial assets, electronic money, and any financial instruments derived from or

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