June 29, 2022

Sony looks beyond the PlayStation 5 with its own brand of PC gaming gear

Sony looks beyond the PlayStation 5 with its own brand of PC gaming gear

KEY POINTS Sony is launching two PC gaming monitors and three headsets under a new brand called Inzone. The move pits Sony against established players in PC gaming hardware like Lenovo and Razer. It also gives the company a way of expanding its video game business beyond PlayStation. Sony is launching its own range of gaming-focused …

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New York Community Bank to Hold Assets Backing Circle’s USDC

New York Community Bank to Hold Assets Backing Circle’s USDC

This marks the first time a community bank will serve as a custodian for a stablecoin. New York Community Bank, a New York state-based community bank that also has branches in New Jersey, Florida and Ohio, will serve as a custodian for some of the reserve assets behind the USD coin (USDC) stablecoin, Circle, USDC’s issuer, …

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Bitcoin price limps under K as Asia extends global stocks weakness

Bitcoin price limps under $20K as Asia extends global stocks weakness

No let-up in risk assets means Bitcoin faces more selling pressure, but hope remains that a key moving average could soon see a challenge. Bitcoin (BTC) returned under $20,000 on June 29 as analysts stayed hopeful of a trip higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders looks to $19,500 for support Data from Cointelegraph …

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NUBANK NOW ALLOWS 53 MILLION BRAZILIANS TO BUY BITCOIN

NUBANK NOW ALLOWS 53 MILLION BRAZILIANS TO BUY BITCOIN

Over 53 million Brazilian customers can now buy bitcoin through the country’s largest digital bank, Warren Buffett-backed Nubank. Brazil’s largest digital bank, Nubank, has rolled out bitcoin buying capabilities to all its 53.9 million customers. The Warren Buffett-backed fintech had announced the feature in May through a blog post, mentioning how the option would be rolled out in …

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Russian Parliament Adopts Tax Rules for Digital Assets

Russian Parliament Adopts Tax Rules for Digital Assets

Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian Federation to …

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Cypherpunk Holdings Sells All Crypto Assets to Avoid Market Volatility

Cypherpunk Holdings Sells All Crypto Assets to Avoid Market Volatility

Cypherpunk Holdings, a Canada-based firm that invests in technologies and cryptocurrencies, announced on Tuesday that it has sold all of its Bitcoin and Ether holdings to ride out the ongoing market risks. The firm sold 214.7203 Bitcoins for about C$6.09 million ($4.7 million) and 205.8209 Ethers for C$293,000 ($227,000). In total, the company accumulated C$6.38 million …

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