Softbank Looking to Invest Billions in AI After Pausing Crypto Investments

Softbank Looking to Invest Billions in AI After Pausing Crypto InvestmentsSoftbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi Son is prepared to put tens of billions of dollars into AI, with Microsoft-backed Openai […]

Hong Kong’s Friendly Crypto Policies ‘Very Stable,’ Legislator Assures Vitalik Buterin

Hong Kong's Friendly Crypto Policies 'Very Stable,' Legislator Assures Vitalik ButerinA Hong Kong Legislative Council member has assured Ethereum co-founder Vitalik Buterin that the friendly cryptocurrency policies in Hong Kong are “very stable.” In response to Buterin’s comments expressing his unfamiliarity with Hong Kong and its “complicated interaction” with Mainland China, the legislator has extended an invitation for the Ethereum co-founder to visit Hong Kong […]

Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors

Crypto Community Skeptical of Blackrock's XRP Pivot RumorsMany crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to greenlight its spot bitcoin ETF application. Crypto Proponents Doubt Veracity of Blackrock-XRP […]

Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers

Senator Elizabeth Warren's Cryptocurrency Bill Gains Momentum Among US LawmakersNine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy and personal freedom of cryptocurrency users. Digital Asset Anti-Money Laundering Act […]

Rich Dad Poor Dad Author Robert Kiyosaki: Crypto Is the Future, Fiat Money Is Toast

Rich Dad Poor Dad Author Robert Kiyosaki: Crypto Is the Future, Fiat Money Is ToastThe best-selling author of Rich Dad Poor Dad, Robert Kiyosaki, says “crypto is the future.” In contrast, he said fiat currencies, including the U.S. dollar, are “toast.” He referred to fiat money as fake money, while gold and silver are “God’s money” and bitcoin is “people’s money.” Robert Kiyosaki Sees Crypto as the Future The […]

Free From Coercion and Theft: The Counter-Economic Potential of Cryptocurrencies

Free From Coercion and Theft: The Counter-Economic Potential of CryptocurrenciesAs nations become more authoritarian, the crypto economy and its related technologies stand out as powerful counterpoints to overreaching governance. The following Learning and Insights editorial explores why libertarians, especially agorists, embrace digital currencies such as bitcoin and tools of the crypto economy in pursuit of greater individual freedom for all. Crypto’s Liberation: Empowering Individual […]

FTX Restores Full Access to Claims Portal After Cybersecurity Breach

FTX Restores Full Access to Claims Portal After Cybersecurity BreachThe portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX Ups Security on Claims Portal Following Kroll Incident The FTX claims […]

Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for Bitcoin

Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for BitcoinAnimoca Brands subsidiary Darewise Entertainment has announced plans to launch the first-ever metaverse token for the Bitcoin blockchain. The studio says the new token aims to power a full ecosystem on Bitcoin for gaming, brands, and real-world experiences. Bitcoin Enters the Metaverse: Darewise and Animoca Brands to Pioneer New Token Darewise disclosed that the upcoming […]

Stablecoin Ecosystem Holds Firm Despite Lackluster Activity

Stablecoin Ecosystem Holds Firm Despite Lackluster ActivityThe stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience Amidst Volume Stagnation and Redemptions As of September 17, 2023, coingecko.com […]

Axie Infinity’s Stats Slump: A Play-to-Earn Reality Check

Axie Infinity's Stats Slump: A Play-to-Earn Reality CheckAxie Infinity ranks among the largest blockchain-driven play-to-earn games ever. However, its luster has dimmed considerably from its January 2022 peak. Then, a robust 2.78 million average monthly players flocked to the game. Yet, today’s count stands at a mere 359,254 average monthly participants, translating to a dramatic decline of over 87%. Axie Infinity’s Dramatic […]