Blockchain

Here’s why a multi-million toy business is venturing into the metaverse

When Jackson Aw was introduced to blockchain technology in 2018, he “didn’t get it at all.” “Can someone dumb it down even further for me? Like, can you just tell me what I can get as a consumer?” That was four years ago. Today, Aw, seems to have the answer to that question. The 32-year-old …

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Voyager Digital Provides Market Update

NEW YORK, June 22, 2022 /PRNewswire/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2) today announced its subsidiary, Voyager Digital Holdings, Inc. (“VDH”), has entered into a definitive agreement with Alameda Ventures Ltd. (“Alameda”) related to the previously disclosed credit facility, which is intended to help Voyager meet customer …

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Celsius asks users for more time to fix issues after withdrawal freeze

Celsius CEO Alex Mashinsky. Piaras Ó Midheach | Sportsfile for Web Summit | Getty Images Embattled cryptocurrency lending firm Celsius has asked users to give it more time to stabilize liquidity and operations after the market downturn caused the firm to freeze withdrawals for its customers. The cryptocurrency market has seen billions of dollars of …

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Bitcoin (BTC) rebounds but struggles to hold above $20,000

Bitcoin continues to trade around the $20,000 mark, keeping investors on edge about where the price is going next. Nurphoto | Getty Images Bitcoin jumped 10% on Monday after a sharp sell-off over the weekend but continues to teeter around the $20,000 mark, keeping investors on edge. The world’s largest cryptocurrency was trading at $20,648.50 …

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Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’

Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according …

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Crypto Investor’s Vision For The Future Of Games Sparks Mockery

For some, it’s a vision of utopia. For a thousand more, it’s unmistakably a dystopia. But it’s really just a speculative LinkedIn post about the potential future of “blockchain” gaming, which has gone viral across multiple social media platforms when folks started mocking what they see as its offensively absurd predictions. The main character of …

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Tim Sweeney Says Fortnite Tokens Are A Scam

Image: Epic Games I’m not surprised that Fortnite crypto exists. Whether it’s Nintendo or Minecraft NFTs, crypto scammers love to make environment-destroying projects out of other people’s IPs. What’s surprising is that Epic Games CEO Tim Sweeney bothered to give the Fortnite Tokens project his time of day. “This is a scam,” he tweeted at …

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Crypto here to stay and now is time to think long-term

It’s been a brutal stretch for the crypto market, and a hard time for cryptocurrency investors to keep their emotions in check. The sector’s market cap collapse was led by terraUSD, one of the most popular US dollar-pegged stablecoins, which imploded virtually overnight. But bitcoin and ethereum, too, saw massive price declines from their recent …

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Crypto firms say thousands of digital currencies will collapse

With more than 19,000 virtual currencies in existence, the cryptocurrency industry has likened the current state of the market to the early years of the internet. Industry players said however that most of these coins will collapse. Nurphoto | Getty Images Several cryptocurrency industry players have told CNBC that thousands of digital tokens are likely …

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Take-Two CEO Skeptical Of Metaverses, Worthless Digital Land

photo: Jonathan Leibson (Getty Images) The metaverse has quickly become a popular topic of speculation for tech companies and rich CEOs as they scramble to not be left behind while people look for ways to escape our hellish current-day digital landscape. But the metaverse is (probably) a giant bust, and Strauss Zelnick, CEO of GTA …

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