Gaming has evolved tremendously over the years, with new technologies and advancements shaping the way we interact with virtual worlds. One such innovation is the use of non-fungible tokens (NFTs) in games, which has gained considerable popularity in recent times. Endless Clouds, a renowned game studio, has joined forces with Immutable, a leading blockchain infrastructure
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The approval of spot Ethereum ETFs by the U.S. Securities and Exchange Commission (SEC) has been a topic of much speculation and discussion in recent months. With varying opinions and expectations, it is important to examine the SEC’s stance on this matter more closely. FOX Business reporter, Eleanor Terrett, recently shed light on the SEC’s
In a recent reminder, the IRS has urged all taxpayers to provide information about their digital assets and report any income generated from such assets. The inclusion of a question regarding digital assets in tax forms is a significant development, reflecting the growing importance of cryptocurrencies, non-fungible tokens (NFTs), stablecoins, and other digital currencies. This
On Tuesday, January 9, 2024, the Securities and Exchange Commission (SEC) fell victim to a security breach that compromised the agency’s @SECGov X account. This breach allowed an unauthorized party to post false information regarding the approval of spot Bitcoin exchange-traded funds. In a recently released statement, an SEC spokesperson disclosed that multi-factor authentication (MFA)
The cryptocurrency market has been experiencing significant volatility, with prices fluctuating rapidly. One of the recent casualties of this volatility is BONK, which has seen a 70% drop in its price since mid-December. This downward trend has left investors searching for the next big winner in the crypto space. A potential candidate that has caught
Coinbase, one of the leading cryptocurrency exchanges, has recently expressed its concerns regarding the dominance of go-Ethereum (Geth), an Ethereum execution client. In a statement released on the social media platform X (formerly Twitter) on January 23rd, Coinbase Cloud announced its plans to identify alternative qualified execution clients for its platform. The exchange aims to
In an era where the concept of a metaverse, a virtual shared space that allows users to interact, is gaining global attention, the Chinese government is taking proactive steps to establish standards for a Chinese metaverse platform. This month, the Ministry of Industry and Information Technology (MIIT) announced the formation of the Metaverse Standardization Working
Speculation has resurfaced regarding a potential historical Bitcoin buy-in, attracting attention from crypto analysts and enthusiasts alike. Recent rumors suggest that Saudi Arabia and Qatar, two Middle Eastern countries, are preparing for a significant Bitcoin purchase that may be officially announced in the upcoming week. The possibility of both governments considering acquiring around 1 million
The recent approval of Spot Bitcoin ETFs by the SEC has sparked anticipation in the crypto space for the introduction of more ETFs, particularly Spot Ethereum ETFs. However, analysts at JP Morgan have cast doubt on the likelihood of approval for Ethereum ETFs. In this article, we will analyze their reservations and explore the potential
The recent approval of the Bitcoin ETF on January 11 has generated significant buzz in the cryptocurrency media. However, despite initial signs of bullish activity, the market response was not as enthusiastic, with BTC trading down 8% in the immediate aftermath of the news. Yet, the short-term market movements were never the primary purpose of
Darewise Entertainment, a subsidiary of Animoca Brands, has recently announced its collaboration with Honda to co-develop Web3 automotive gameplay in the highly anticipated AAA science fiction game, “Life Beyond.” This exciting partnership aims to bring together the expertise of both companies to create innovative gameplay elements and assets that will enhance the gaming experience for
Popular cryptocurrency YouTuber Ben Armstrong recently shared his bullish prediction for the price of Cardano (ADA). While discussing this prediction, Armstrong referred to a previous price analysis made by crypto analyst Ali Martinez. In this article, we will delve into these predictions and explore the factors driving this bullish sentiment. Ben Armstrong stated in a
Senator Elizabeth Warren recently found herself in the midst of significant backlash from the crypto community after making disparaging remarks about the industry. In a post on X (formerly Twitter) on January 21, Sen. Warren referred to a report from the U.S. Government Accountability Office (GAO) that alleged “rogue nations” were using cryptocurrency to evade
Cryptocurrency analyst and enthusiast, Chris J Terry, shares his insights on the price action of Bitcoin, predicting a continuous decline in the price of the crypto asset. Taking to the social media platform X (formerly Twitter), Terry anticipates a possible “continuation of a flat or declining trend” for Bitcoin. However, he believes that this downtrend