April 11, 2022

Chinese gaming stocks jump as regulator approves new titles after months-long freeze

Chinese gaming stocks jump as regulator approves new titles after months-long freeze

KEY POINTS China’s National Press and Publication Administration approved a batch of 45 games for monetization, the first such approval since July 2021. U.S.-listed shares of NetEase, one of China’s biggest gaming companies, were up more than 4% in early trade while live-streaming companies Bilibili, Huya and DouYu also jumped. The approval indicates a slightly …

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FROM BITCOIN 2022 TO THE REST OF THE PLEBS: WHY I’M RIDING A HARLEY ACROSS THE U.S. MEETING BITCOINERS

Starting from Bitcoin 2022, my motorcycle tour will travel 10,000 highway miles to meet Bitcoiners across the U.S. To me, Bitcoin represents the opportunity for the common person to take back sovereignty in a time of vanishing freedoms and increasing dependence. However, that understanding took many years of exploring and curiosity to find. I approached …

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Nifty News: AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens and more

Nifty News: AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens and more

AC Milan says the proceeds from the NFT collection will fund the projects undertaken by Fondazione Milan, the clubs’ charity arm. Italian professional soccer club AC Milan will be releasing its first-ever nonfungible token (NFT) project in collaboration with the BitMEX crypto exchange. Proceeds will go to Fondazione Milan, the clubs’ charity arm. The limited-edition …

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Investcorp Rolls out First Institutional Blockchain Fund in the Gulf

Investcorp Rolls out First Institutional Blockchain Fund in the Gulf

Investcorp, a global manager of alternative investment products, has launched the first institutional blockchain fund in the Gulf Cooperation Council (GCC) aimed at propelling a blockchain-powered digital evolution. Dubbed Lydian Lion, the blockchain fund also has a global investment mandate. It will be mainly rolled out to early-stage companies within the blockchain ecosystem in areas like data …

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FDIC Asks Thousands of Banks to Disclose Crypto Plans

FDIC Asks Thousands of Banks to Disclose Crypto Plans

The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit Insurance Corporation (FDIC), an agency created by Congress to …

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Ukraine Crisis Is Not Propelling Crypto Market Activity, Blockchain Data Shows

Ukraine Crisis Is Not Propelling Crypto Market Activity, Blockchain Data Shows

Russians are leaving their country and taking money with them, but crypto hasn’t felt the impact – so far. The political and humanitarian crisis in Europe provoked by the Russian invasion of Ukraine created a massive tide of emigration from both countries. For many migrants and refugees, crypto has become the only tangible way to …

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Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption

As the first domestic lender on South Korean soil, Shinhan Bank has rolled out real-name corporate accounts to enable transactions from cash to crypto-based on its partnership with cryptocurrency exchange Korbit. Local regulations made this venture a reality by allowing bank-partnered and licensed crypto exchanges to render cash-to-crypto services. Furthermore, the passage of the Reporting and Use …

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Coca-Cola launches virtual drink inside the metaverse and you can try it TODAY

Coca-Cola launches virtual drink inside the metaverse and you can try it TODAY

The world’s most popular soft drink has made it to the metaverse. Coca-Cola on Monday announced that it is launching a gaming-inspired version of its fizzy pop virtually before it hits shelves in the real world. Coca-Cola Zero Sugar Byte will “bring the flavor of pixels to life”, according to the US drinks giant. Precisely how …

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