Day: April 14, 2022

Animoca Brands to bet big on MMORPG blockchain games

Animoca Brands, the parent company of The Sandbox, added Eden Games to its portfolio on Tuesday. Eden Games is a publisher of popular racing games including the Gear.Club and Test Drive series. Animoca hopes this acquisition will enhance its REVV Motorsport ecosystem of blockchain-based racing games on Polygon. On Wednesday, Animoca announced it is acquiring Darewise Entertainment, a Paris-based game studio founded by former Ubisoft executives and other AAA games industry veterans. Darewise is currently developing a new play-to-earn (P2E) massively multiplayer online role-playing game, or MMORPG, called Life Beyond. Animoca Brands agreed to a 70%…

Binance CEO explains what he’s most excited about in 2022

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During Paris Blockchain Week, Changpeng Zhao, CEO of Binance, the largest centralized cryptocurrency exchange in the world, sat down with Cointelegraph reporter Joe Hall for an exclusive interview. When asked about what excites him the most in crypto in 2022, Zhao said “We’re now seeing regulators who want to be a part of this industry. So I think that’s one of the most fundamental things we’ve shifted.”  “Multiple countries, such as the U.S., issued an executive order regarding stablecoins. Along with Bahrain, Dubai built a regulatory framework and issued a…

Bears control Bitcoin price, but traders say the $40K zone is still good ‘for longs’

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Traders faced another day of red markets on April 14 after the weakness in equities markets continued to put a damper on crypto prices.  Data from Cointelegraph Markets Pro and TradingView shows that after holding onto support above $41,000 in the early hours of April 14, the price of Bitcoin (BTC) was slammed back below $40,000 in the afternoon session and hit a daily low of $39,550. BTC/USDT 1-day chart. Source: TradingView Here’s a look at what analysts are saying about the short-term outlook for Bitcoin. Bitcoin needs to find…

Russia – Ukraine Conflict Tension – Global Markets Panic. Will it affect crypto bitcoin market?

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Cryptos Rise as Bitcoin Returns Above $40K

BTC struggled to hold above $40,000 on Thursday while ether (ETH) traded around $3,000. Meanwhile, most alternative cryptos (altcoins) underperformed BTC, suggesting a lower appetite for risk among crypto traders. WAVES and LUNA have declined by more than 20% over the past week, compared with a 7% loss in BTC over the same period. Source

Quantum computing firm simulates adoption of crypto payments

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Multiverse Computing, a quantum computing firm with offices in Canada and Spain, has partnered with the Bank of Canada to run simulations on how the adoption of cryptocurrency might proceed as a payment method. In a Thursday announcement, Multiverse Computing said it used its equipment as part of a proof-of-concept project with the Bank of Canada to generate examples of how non-financial firms may end up adopting crypto. The quantum simulations used scenarios with 8 to 10 financial networks with more than 1.2 octillion possible configurations. According to the firm,…

Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa – Bitcoin News

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Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged the government to work out an alternative system for settlements with Moscow’s partners. Chamber of Commerce Proposes Improving Russia’s Trade With African Nations In a letter sent to Russian Prime Minister Mikhail Mishustin, President of the Chamber of Commerce and Industry of Russia Sergey Katyrin has laid out a…

Digital Assets Exchange Crypto.com Lists Three Little-Known Altcoins As Markets Trade Sideways

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As the crypto markets consolidate, one major digital assets exchange is adding three tokens to its arsenal of altcoins. In a series of tweets, Crypto.com is announcing the addition of three little-known altcoins to its expanding digital assets list. Two days ago, Crypto.com announced the listing of Voxies (VOXEL), a retro-style play-to-earn RPG game. The Ethereum-based VOXEL token is the game’s utility token and is up 0.6% over the last 24 hours. Voxies is listed in the https://t.co/vCNztATSCO App ? Buy $VOXEL at true cost with USD, EUR, GBP, and…

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