Blockchain

Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform

April 6th, 2022

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality-based AI-generated avatar creation platform featuring the Adidas Originals’ Ozworld shoe collection. Adidas Collaborates With Ready Player…

China’s Central Bank Adds More Digital Yuan Pilot Cities

April 5th, 2022

China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank of China (PBOC), said Saturday that it is…

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance

April 1st, 2022

Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system, the top representative warned. New Currency Blocs May Emerge Amid Mounting Restrictions on…

Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups

March 31st, 2022

On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The…

Lindsey Haswell: Trailblazing Women of Crypto

March 29th, 2022

To celebrate the final days of Women’s History Month, we’re spotlighting our Chief Legal & Administrative Officer Lindsey Haswell in our Trailblazing Women of Crypto series. An invaluable member of the team, Lindsey oversees a world-class legal, compliance, and HR operation (yes, all three) for a growing, global organization in a rapidly evolving industry that often…

Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered

March 29th, 2022

The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house…

Palianytsia – Ukrainian Charity Stickershop

March 24th, 2022

At the moment Ukraine defends the whole world from Russian tyranny. We want to support our homeland the best way we can. We make stickers and merchandise with pieces of art created by talented Ukrainian artists. All sales profits will be donated to the Ukrainian army. Show your support for freedom and democracy in Ukraine…

Nepalese Police Investigate Actress Priyanka Karki for Possible Involvement in Crypto Scheme

March 22nd, 2022

Nepalese actress and model Priyanka Karki is being questioned by the police after her picture was found in promotional material for a cryptocurrency scheme. “The investigation is still underway. We are trying to find out if the actress is involved in the crypto trading promotion or only her picture was used,” said the police. Actress…

Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in Ontario

March 21st, 2022

Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency exchange Binance sent a letter to the Ontario Securities Commission (OSC) Wednesday. In the…

Crypto in a time of war

March 16th, 2022

March Market Outlook Bitcoin has now been in existence for over 13 years. Last year it crossed the $1 trillion threshold in market value. But crypto is still a young and relatively small asset class when measured against equities, bonds, commodities, real estate, and other investable categories. For many such traditional assets, we have a century or…