Ubisoft cools off on NFTs and blockchain, says it’s in ‘research mode’
Ubisoft CEO Yves Guillemot appears to be walking back some of the company's enthusiasm for NFTs, months after receiving strong...
Month: September 2022
Merge ‘jitters’ sees outflow from Ether-based investment products
CoinShares' head of research James Butterfill said the outflows come despite "the improved certainty of the Merge." Institutional investors may...
Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen...
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines....
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re...
Law Decoded, Sept. 5–12: The pressure is growing in the US
Last week regulators worried about the "de-integration" of financial sector and global energy consumption — all because of crypto. While...
GameFi fundraising jumps 135% in August, but is still down from June: Report
Web3 games and Metaverse projects have raised $748 million in funds last month. The GameFi sector remains a leading force...
Tether USDT stablecoin goes live on Near Protocol to boost DeFi presence
Tether USDT is now live on 11 blockchain networks, including the Near Network, Polygon, Kusama, Ethereum, Omni and others. Major...
Starbucks announces new NFT experience for coffee members
The nonfungible tokens, or NFTs, are minted on a proof-of-stake blockchain built by Polygon. According to a new post on...
Tokenization of illiquid assets to reach $16T by 2030 — Report
A large chunk of the world's wealth today is locked in illiquid assets, notes the report's authors.
Blockchain Association unveils BA PAC to support pro-crypto from both US parties
The trade group includes many of the industry’s biggest names among its members; director Kristin Smith calls them “a great...
Abra announces plans for US bank supporting digital assets
Abra announced its international venture and U.S. bank would work with officials to ensure regulatory and legal compliance and planned...
Brother of former Coinbase employee pleads guilty to charges related to insider trading: Report
Nikhil Wahi and his brother Ishan were arrested and charged in July, while their associate Sameer Ramani remained at large...
Cryptocurrency is picking up as an instrument for tyranny
From ubiquitous surveillance to negative interest rates, crypto is giving dictators and global corporate leaders new ways to intimidate, oppress...
‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%
Jeremy Grantham, the co-founder of the Boston-based asset management firm Grantham, Mayo, & van Otterloo (GMO) believes Standard and Poor’s...
