NFTs to Be the Epicenter of the Future of Sports, PWC Study Shows

As non-fungible tokens (NFTs) continue taking the world by storm, big-four accounting firm PricewaterhouseCoopers (PwC) report shows that they will revolutionize the way fans interact and consume in the sporting arena.  Dubbed “Sports Industry Outlook 2022,” PwC suggested that NFTs were among the top ten hottest trends in the sports industry because they have the … Continue reading NFTs to Be the Epicenter of the Future of Sports, PWC Study Shows

Metaverse Developer Epic Games Claims Won't Ban NFTs like Minecraft

Epic Games, Inc., creator of Metaverse battle royale game Fortnite, says it would not ban NFTs like Minecraft. “Developers should be free to decide how to build their games, and you are free to decide whether to play them. I believe stores and operating system makers shouldn’t interfere by forcing their views onto others. We … Continue reading Metaverse Developer Epic Games Claims Won't Ban NFTs like Minecraft

Epic Games CEO Defends Metaverse

In a recent tweet, Epic Games CEO Tim Sweeney pushed back against a recent article from Business Insider that claimed the Metaverse was “dead.” The article, written by PR firm CEO Ed Zitron, argued that virtual worlds had been abandoned by the business world, citing Meta’s Horizon Worlds, Decentraland, and Yuga Labs’ Otherside as examples … Continue reading Epic Games CEO Defends Metaverse

Epic Games and LEGO Group Partner to Build Family-Friendly Metaverse

Epic Games, the creator of the Unreal Engine and Fortnite, has announced a long-term partnership with the LEGO Group to build a “family-friendly” Metaverse. The announcement comes just weeks after Epic Games’ $2 billion funding round aimed at accelerating the company’s plans for the Metaverse. The partnership between Epic Games and LEGO Group is expected … Continue reading Epic Games and LEGO Group Partner to Build Family-Friendly Metaverse

Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Facebook’s Libra drew fire as Senator Sherrod Brown likened it to the 2008 subprime mortgage fiasco.  Yahoo Finance has conveyed Senator Brown’s fierce sentiments about Libra as he recalled bankers proposed the innovative product that they deemed to be a game-changer. This would, however, not be the scenario as subprime mortgages instigated a turmoil.  The … Continue reading Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank, a dominant innovative business bank focused on cryptocurrency and Fintech businesses located in San Diego, is eyeing to become a crypto lender. Silvergate has emerged to be a reckoning force in the cryptocurrency sphere as it offers services to reputable global cryptocurrency firms such as Coinbase, Xapo, Bitstamp, and Genesis Trading, among others.  … Continue reading Silvergate Bank Contemplates Crypto-Lending

iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

iSunOne, a financial services company, has collaborated with Malaysia Productivity Council (MPC) to develop the first-ever Islamic financial network based on blockchain technology. Explicitly, MPC was created as a joint undertaking between the Malaysian federal government and the United Nations Special Fund. iSunOne is expected to be allocated more funds for the project, whereas MPC … Continue reading iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

Deloitte Tests Remuneration of Its Staff Using Bitcoin

According to Luxembourg Times, Deloitte has tested the remuneration of its staff using BTC (Bitcoin) with the intention of mainstream adoption. Expressly, this audit company has established the option of limited BitPay for its workers. Deloitte has been making considerable steps in the adoption of BTC payments. In 2017, this remuneration option was present in … Continue reading Deloitte Tests Remuneration of Its Staff Using Bitcoin

5200 Vendors Now Accept Bitcoin Payments For Tobacco Purchases

Keplerk, a French-based cryptocurrency startup has relaunched its Bitcoin for tobacco service in as many as 5200 outlets across France starting from October 10th, according to a report by France’s top news Channel BFM TV. Bitcoin is undoubtedly the most dominant cryptocurrency in the cryptosphere today and it not only has the largest market cap, … Continue reading 5200 Vendors Now Accept Bitcoin Payments For Tobacco Purchases

Ethereum is an Ideal ICO Platform, Asserts Roger Ver

During the annual Devcon 5 conference for Ethereum, Roger Ver, a proponent of Bitcoin Cash, noted that initial coin offerings (ICOs) were experiencing a dormant trend despite their fundamentality in connecting investors and entrepreneurs across the globe.  However, he acknowledged that Ethereum could come in handy in eradicating this challenge because it offers a fantastic … Continue reading Ethereum is an Ideal ICO Platform, Asserts Roger Ver

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