This image is about the only thing you can find on the marketplace’s website, other than a button to connect your crypto walletScreenshot: GameStop The NFT market, and other blockchain-associated grifts like cryptocurrency, are having a very bad month, as their perceived “value” evaporates and whatever actual monetary value they...
Cryptocurrencies can lead to “dollarisation” of a part of the economy which would be against India’s sovereign interest, top officials of the RBI have told a parliamentary panel, according to sources. Briefing the Parliamentary Standing Committee on Finance chaired by former minister of state for finance Jayant...
Image: Sky Mavis Crypto markets are bottoming out and nothing’s immune, not even the potions critters use to breed in the Pokémon-style collectathon Axie Infinity. Called Smooth Love Potions, the currency has been trending down for some time now as players flood the market with it. For the first time...
Photo: Viginie Lefour (Getty Images) The security company best known for making giant armored trucks and inspiring elaborate heist fantasies from bored suburban kids is getting in on crypto. Brink’s, the 163-year-old Virginia-based security company announced it’s partnering with Swiss cryptocurrency custody firm Metaco to provide physical “disaster recovery” solutions...
Screenshot: Square Enix You know what no one could ever have predicted? That a market based on imaginary ownership of infinitely duplicable jpeg images might not be end-game, long-term sustainable. As The Wall Street Journal reports, the NFT market is “flatlining,” down 92 percent from last September. Which makes it...
Photo: ROSLAN RAHMAN/AFP (Getty Images) The U.S. federal government is creeping ever-so-slowly toward the idea that the decentralized finance space may need some centralized backbone to cut down on rampant fraud on the part of crypto startups and investors. The Securities and Exchange Commission announced they are adding 20 new...
This weekend, listen to a collection of narrated articles from around The New York Times, read aloud by the reporters who wrote them. Jordan Belfort, 59, is best known for “The Wolf of Wall Street,” a tell-all memoir about his debauched 1990s career in high finance, which the director Martin...
Regulating crypto assets along with digital currency, addressing the remaining regulatory concerns in the banking sector and integrating with the global economy are among the few mid-term structural issues for India, a top official from the International Monetary Fund has said. Overall, the IMF is...
Bitcoin, like all tools, can be used for good or bad and thus its ultimate impact is a mirror for humanity. Bitcoin 2022 was a celebration of all the good that Bitcoin promises from promoting financial inclusion to freeing human potential through sound money free from political corruption. This celebration...
Photo: Jakub Porzycki/NurPhoto (Getty Images) An unknown crypto investor bet nearly half a million dollars on a slew of alt-coins this week that almost immediately jumped in value. The person in question was either really lucky or, as some on the web see it, a dirty, rotten cheater with insider...