Crypto exchange FTX is starting its own gaming unit focused on encouraging gaming studios to use crypto, blockchain technology, and NFTs. The company aims to the 2 billion-plus gamers market around the world, who can now collect and own digital items. Crypto exchange FTX’s US affiliate has announced the launch of a gaming unit called…
Intel Corporation, a computer chip manufacturing giant, has shared details of a new mining chip that will be coupled with a high-performance 3,600-watt miner with the ultimate goal of improving Bitcoin (BTC) mining efficiency. Intel’s new chips are powered by a high-performance miner to deliver up to 40 TH/s in a balanced environment. Intel has…
Halsey Minor, CEO of the NFT publishing platform provider Vivid Labs, says that NFTs, however multimedia-rich they may be, “can be more valuable if connected to real-world products.” The industry will need to have dynamic NFTs, he claimed. In an interview with Cointelegraph, he noted a distinction between NFT creators that “sell media” like a…
Dubai-based legal advisory firm Karm has partnered with ScaleCompliance, a European crypto compliance specialist that recently expanded into the UAE. Founded in 2018 by Kokila Alagh, Karm specializes in helping clients understand and navigate the legal complexities of emerging technologies, including artificial intelligence, fintech, blockchain, cybersecurity, robo advisory, and medtech. Partnering with ScaleCompliance, “we can…
Breaking crypto news from the last week (Feb. 12 – 18, 2022): Feb. 12: The supply ratio has shrunk by 3%, and Bitcoin exchange supply is the lowest in 37 months. BTC exchanges now hold only 10.8% of the supply. Amid global adoption and holding trends, BTC owners have substantially moved their digital assets from…
EU Commissioner for Home Affairs said that the European Union is open to digital assets but with fraud-preventing regulation. Regulation and cybercrime in the crypto industry sparked the discussion around crypto at the Munich Security Conference 2022. The commissioner spoke at the Munich Security Conference on February 18, 2022, attended by the CEO of FTX,…