Leading PC gaming company Ubisoft plans to start developing games on blockchain with support for tokens and NFTs. Users will be able to earn money while playing. The French developer is no stranger to blockchain games. Ubisoft has previously funded and supported several projects in this area, one of which is Animoca’s REVV Motosports. It is an ecosystem of several games with REVV token support. It seems that now the management of Ubisoft has decided…
Huobi Gibraltar has received a cryptocurrency license from the Gibraltar Financial Services Commission (FSC). Spot trading operations will be transferred to this jurisdiction. Chinese exchange Huobi announced in a press release that it will move its technical infrastructure to a cloud hosting company registered in Gibraltar and will continue to serve customers around the world. The site intends to maintain a global decentralized management structure without a head office in a specific region. The exchange’s…
Bloomberg “opened the veil of secrecy” by naming one of the buildings of the ICC, “Federation Tower East”, one of the world’s largest centers for cashing out cryptocurrencies. Numerous cryptocurrency exchangers have been operating in Moscow City for at least five years. Including, dealing with the exchange of cryptocurrencies for cash. Many of them have been working since the existence of the BTC-e exchange. But the largest business news agency in the United States has…
The bZx decentralized lending protocol reported that the private keys for managing contracts on the Polygon and Binance Smart Chain networks have been compromised. This resulted in a loss of $ 55 million in assets. The bZx platform has undergone another hacker attack. BZx tweeted that the private keys for managing contracts on Polygon and Binance Smart Chain were hacked a few hours ago. The bZx developers recommended that pharming users withdraw tokens from contracts…
BitMEX has officially declared its carbon neutral status and has purchased 7,110 carbon credits worth approximately $ 100,000. Cryptocurrency exchange BitMEX has lost a lot of clients in the past year due to allegations against the founders and a conflict with regulators. The exchange is doing its best to restore its shaken reputation. Now BitMEX has made a knight’s move by joining the trendy environmental agenda. It was one of the first cryptocurrency platforms to…
US Congressmen Tom Emmer and Darren Soto urged the US Securities and Exchange Commission to approve the launch of direct cryptocurrency ETFs, considering it logical after the approval of ETFs for Bitcoin futures. Tom Emmer and Darren Soto sent a letter to SEC Chairman Gary Gensler requesting permission to launch Bitcoin-linked ETFs. Congressmen asked the department why last month it opened the way for bitcoin futures ETFs instead of approving spot ETFs right away. On…
According to a study by the think tank Social Market Foundation, England’s legal system is not adapted for the implementation of cryptocurrencies, artificial intelligence and blockchain. Analysts at the Social Market Foundation (SMF), an independent British public policy center, conducted a survey among British lawyers, academics and companies, discussing with them the regulation of blockchain and cryptocurrencies in the country. This was reported by the Scottish Legal News. SMF experts came to the conclusion that…
The analytical company Arcane Research found that this year it was more profitable to mine ether than bitcoin. According to a report from Arcane Research, in 2021, Ethereum miners earned $ 17 billion, while their colleagues mined $ 13.6 billion worth of bitcoin. Daily Ethereum miners earned $ 56 million versus $ 45 million from Bitcoin miners. The report states that the volatility of the profitability of Ethereum mining this year was greater than that…
Chinese miners are moving not only to Kazakhstan and the United States. Mining companies turned their attention to the state in South America as a testing ground for data centers. Persecuted by the authorities, Chinese (and not only) miners began to view the country with reserves of renewable hydropower as a destination for the placement of “green” mining farms. On which you can mine bitcoins and altcoins without harm to the environment. In June, it…
MAS Singapore Managing Director Ravi Menon said the regulator would not ban cryptocurrencies as they could become a key factor in the country’s future development. Ravi Menon, head of the Monetary Authority of Singapore (MAS), sees great potential in the cryptocurrency industry. According to him, the regulator will not prohibit this asset class, but will prepare an appropriate regulatory framework for the effective regulation of cryptocurrencies. Menon also expressed his hope that Singapore could become…
