Napster’s first-half 2021 revenue was £32.9 million. There will be 10 billion $NAPSTER tokens available at the start of the project. Streaming music app Napster has announced plans to create a $NAPSTER token on Algorand, a Web3 platform. There is no official launch date for the company’s layer-1 blockchain-based expansion
June 30, 2022 2 mins read
CBDC that pays interest on digital asset deposits would probably replace bank deposits. Taiwan’s CBDC pilot program is presently distributed to five chosen Taiwanese banks. Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), has advocated a no-interest design for the country’s central bank digital currency
June 30, 2022 2 mins read
Teneo Restructuring will provide assistance in the process. Crypto broker Voyager Digital also revealed $661 million in exposure to the fund. According to Sky News, a court in the British Virgin Islands has ordered the liquidation of the Singapore-based crypto firm Three Arrows Capital (3AC). Teneo Restructuring, according to the
June 29, 2022 1 min read
There’s no denying the fact that the current rate of urbanization, industrialization being witnessed all over the globe is fast depleting the planet’s natural resources. And, while this has helped bring about a lot of socio-economic growth, it has also brought to the forefront the need for quality sustainability initiatives.
June 29, 2022 3 mins read
Uzbekistan-registered exchange would be the sole option for trading in mined assets. Only crypto exchanges founded by foreign legal companies were given legal standing. According to The National Agency of Prospective Projects (NAPP), the Uzbekistan government expects a lot from cryptocurrency mining companies. Only firms who mine Bitcoin (BTC) or
June 29, 2022 2 mins read
Users can wirelessly mirror content from the smartphone to the HTC Vive Flow VR headset. It offers a 6.6-inch Gorilla Glass display with 1080p resolution and 120Hz refresh rate. First HTC “Viverse” phone, meant to work with HTC’s metaverse platform and include crypto and NFT features, has been released. One
June 29, 2022 2 mins read
In order to have a significant influence on the financial industry, one must see how Web3 and platform adoption evolves, as well as how widely people use them in their everyday lives. Catalonia’s director-general for innovation, Daniel Marco, spoke at the European Blockchain Convention (EBC) 2022 about some of the
June 27, 2022 2 mins read
Banxa will allegedly reduce its workforce from 230 to 160 personnel. European Managing Director Jan Lorenc plans to depart the business in European market. According to Banxa, a crypto payments service provider, 30 percent of its workforce will be let off as a cost-cutting measure during the current bear market.
June 27, 2022 1 min read
LBank Exchange, a global digital asset trading platform, has listed Choise.com Token (CHO) on June 24, 2022. For all users of LBank Exchange, the CHO/USDT trading pair is officially available for trading. As the world’s first MetaFi ecosystem that simplifies the use of DeFi products, Choise.com makes the process easy,
June 26, 2022 4 mins read
At its height, the BTC network used 16.09 GW of electricity. Banks accounted for 56 times higher energy use than the Bitcoin ecosystem on June 16. In response to the two-week decline in the mining hash rate, the total power consumption of the Bitcoin (BTC) network dropped dramatically, resulting in
June 25, 2022 1 min read
