Three dozen investors, including Binance, Sequoia Capital, Andreessen Horowitz and Fidelity Management & Research, have provided financing commitments of US$7.14 billion in support of Elon Musk’s bid to buy Twitter, regulatory filings show. See related article: Twitter accepts Musk’s US$44B bid, sends Dogecoin to crypto top 10 Fast facts Oracle co-founder Lawrence Ellison was the…
Non-fungible token financing is still at a nascent stage and comes with significant risks for lenders and borrowers.
Blockchain can save time, money and reams of paperwork, writes Tim Bailey of Red Date Technology. But its future in global trade remains uncertain.
Pakistan’s federal government has formed three subcommittees to explore the future of cryptocurrencies and related services, local media report. See related article: Pakistani central bank echoes RBI’s concerns over crypto Fast facts The first panel is chaired by the law secretary with the State Bank of Pakistan (SBP), with the Federal Investigation Agency (FIA) and…
Kazakhstan is mandating that cryptocurrency miners file regular status reports in a new ministerial order, as the Central Asian nation attempts to gain a stronger grip on the sector. See related article: Ex-Kazakh president’s brother busted for illegal crypto mining Fast facts Crypto miners must submit information including locations of mining facilities, IP addresses, power…
Top blockchain and crypto news: Otherdeeds debacle stings with gas fee spike. Algorand scores World Cup deal. Will China be forced to embrace Bitcoin?
Except for a bout of recession in March 2020, Bitcoin has been fairly resilient to the vagaries of global financial crisis. But with murmurs of another recession gaining steam, Forkast examines the cryptocurrency’s relevance as a safe haven.
Crypto rookie Joel Stein dives into Axie Infinity and the curious economics of ‘play to earn.’ Will his teenage gaming dreams come true?
South Korean president-elect Yoon Suk-yeol’s administration has included approval of initial coin offerings (ICOs) among its 110 national tasks announced Monday. See related article: Crypto is presidential election campaign issue for South Korea Fast facts The right-wing government will prepare a two-lane regulatory framework for ICOs by classifying digital assets as securities and non-securities. The…
Indian online travel company MakeMyTrip has launched a non-fungible-token (NFT) collection of Indian tourist destinations, becoming the first Indian travel brand to step into the NFT space. See related article: Is there a future for the NFT beyond digital art? Fast facts The NFT collection “Virtual Vacations!” aims at bringing to life “a kaleidoscopic meta-world…