Defiant Facebook, now renamed Meta, goes all in on metaverse strategy as scrutiny tightens
Facebook, now called Meta, is casting off one of the world’s most famous names to retool itself into a metaverse company. Will its $10 billion bet pay off?
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China’s state-backed blockchain network plans to launch NFT infrastructure
Red Date Technology, the company China tapped to manage its Blockchain-based Service Network (BSN), said today it plans to fully launch an infrastructure for non-fungible tokens (NFTs) by the end of January 2022. Fast facts Red Date revealed on Friday an NFT infrastructure plan — BSN-Distributed Digital Certificate (DDC) — at its BSN Open Permissioned…
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Thailand retail giant is testing its own digital currency C-Coin
Central Retail Corp., one of Thailand’s biggest department store chains, has developed a blockchain-based digital currency called C-Coin and is now testing it among employees, Bloomberg reported yesterday. Fast facts The company is currently distributing C-Coin to its 80,000 employees as bonus to their usual salary. Employees can use the crypto coin to shop at…
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Squid Game and BTS tokens emerge amid K-culture boom — and warnings to consumers
The wild popularity of South Korean Netflix TV series Squid Game and K-pop boy band BTS prompt parody tokens in the crypto space under circumstances that are being called into question.
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China’s national standard for blockchain could be released next year: report
China’s first national standard for blockchain could be released next year and a draft is now in the process of being submitted for approval, an official said earlier this week at an event in the western province of Sichuan, according to a report from local media Chuanguan, run by state-owned Sichuan Daily. Fast facts Li…
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Wharton business school to accept crypto for new blockchain education program
In the latest sign of the American business establishment’s warming embrace of cryptocurrency, the University of Pennsylvania’s prestigious Wharton business school will accept crypto for tuition payment for an online program. Fast facts The Wharton School’s new executive education program “Economics of Blockchain and Digital Assets” plans to accept cryptocurrencies such as Bitcoin for tuition…
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13 years after Bitcoin’s whitepaper, what would Satoshi say?
Bitcoin is growing up in ways not imagined in Satoshi Nakamoto’s 2008 writings that gave birth to it. How will Bitcoin’s future unfold?
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Tales from the Crypt, 2021: 10 crypto horror stories
Behind this year’s giddy markets, evil and tragedies abound. Just in time for Halloween, Forkast.News shakes out the skeletons in crypto’s closet.
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Unraveling the mystery behind why Bitcoin prices are all over the place
Even the most reliable media can report wildly different crypto numbers. Forkast.News dives into DeFi math and crypto exchange economics to find out who’s right.