Nicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated that this reaction could be due to a lack of awareness of the benefits that the inclusion of non-fungible tokens (NFTs) could bring to the industry. Gamers ‘Don’t Get It’ When It Comes to NFTs An executive Read more …
The chief marketing officer (CMO) of a cryptocurrency payments solution company, Rotimi Ogunwede, has insisted that the Central Bank of Nigeria (CBN)’s decision to bar crypto entities from the banking system may be the reason why Nigerians are now more knowledgeable about cryptocurrencies. CBN Prohibition Forced Patricia to Establish Operations Outside of Nigeria An executive with a cryptocurrency payments solution company called Patricia, has argued that cryptocurrency knowledge levels in Nigeria rose just shortly after the CBN asked financial institutions Read more …
According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or 20% to 44% by the end of 2022. Only Four Percent Expect the Number of Crypto Holding Clients to Decrease The number of financial advisors in the United States that currently counsel their clients on crypto holdings is expected to double in 2022, a new study has found. According to Read more …
Apple CEO Tim Cook says the metaverse has a lot of potential and his company is investing accordingly. “It’s very interesting to us,” he noted. Global investments banks Morgan Stanley and Goldman Sachs have predicted that the metaverse could be an $8 trillion opportunity. Apple Sees a Lot of Potential in the Metaverse, Says CEO Tim Cook Apple Inc. answered a question about the metaverse during its Q1 2022 earnings call last week. CEO Tim Cook was asked, “How are Read more …
sponsored ADALend’s mission is to democratize the lending industry by using the Cardano blockchain to eliminate the traditional banking middlemen. This will be accomplished through the development of a platform that connects borrowers, and lenders in a decentralized manner. With the help of blockchain technology and IOHK’s research and development, the platform will provide a simple, secure, and more transparent way of exchanging value. The decentralized lending platform will allow creditors to perform lending activities and create a safer and Read more …
Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted by Binance, CEO Says 79 Cases Have Been Resolved Cryptocurrency exchange Binance has sent a letter to its Nigerian users. In the letter, Binance CEO Changpeng Zhao (CZ) apologized for the inconvenience caused by delays in resolving customer support requests. Noting that Read more …
Ark Investment Management (Ark Invest) has predicted that the price of bitcoin could surpass $1 million per coin by 2030. “Our research suggests that bitcoin has the potential to transform monetary history by providing financial freedom and empowerment in a fair, global, and distributed way,” Ark’s analyst added. Bitcoin’s $1 Million Prediction by Ark Invest In Ark Invest’s “Big Ideas 2022” report published last week, the firm’s analyst Yassine Elmandjra explained that “As bitcoin’s market capitalization hit an all-time high Read more …
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets has picked up,” the Goldman analysts explained. Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes Global investment bank Goldman Sachs published a research note Thursday detailing bitcoin’s increased vulnerability to the Federal Reserve hiking interest rates. Read more …
By 2017, I was peripherally aware of the existence of Bitcoin as an idea, though it remained unknown to me as a global phenomenon. I had yet to learn about Bitcoin as the antifragile and sovereign monetary system able to compete globally at scale with the U.S. dollar — as the political economic worldview grounded in anarcho-capitalist, “cypherpunk” philosophies of power, value, individual autonomy and mutualist community sovereignty. For the time, I remained ignorant of Bitcoin’s Austrian school resistance to Read more …
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Source
One of the longest-running problems in the Bitcoin ecosystem for businesses has been banking relationships. Prior to NYDIG and their recent efforts to start plugging American banks and credit unions into Bitcoin rails, the only banking options for businesses in the space were Signature Bank in New York and Silvergate out of California. Major banks have been very combative and at odds with businesses in the space for years. Hell, they’ve been combative and at odds with their own customers Read more …
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive policy. More Officials and Organizations Reject Central Bank’s Call to Prohibit Cryptocurrency Central Bank of Russia’s proposal to place a number of crypto-related activities outside the law has sparked a wave of reactions in Moscow. Among the critics are Read more …