Day: April 13, 2023

DeFi Exchange Uniswap Launches Uniswap Mobile Wallet

boss

The Uniswap mobile wallet will allow users to buy cryptocurrencies for fees as low as 2.55%, nearly half what some competing DeFi protocols charge, Uniswap said in the release. Users can also swap funds on popular DeFi platforms, including Polygon, Arbitrum and Optimism. The wallet features in-app token price and NFT data, allowing users to favorite tokens and wallet addresses so they can track the trading activity that matters most to them. Source

Delta Air Lines Reports Mixed Q1 2023 Results, DAL Shares Up 2% in Premarket

During the first three months of the year, Delta Air Lines reported adjusted operating revenue of $11.8 billion whereas analysts expected $11.99 billion. One of the oldest and busiest American airlines Delta Air Lines Inc (NYSE: DAL), has reported its financial results for the first three months of 2023 (Q1 2023) today. According to the announcement, Delta Air Lines posted a wider-than-estimated loss for the first quarter but forecast revenue growth and profits during the second quarter of the year. “With solid March quarter profitability and a strong outlook for…

Virgin Money Launches Digital Wealth Platform with Leverage from Leading Financial Services Facilitator FNZ

Virgin Money has launched a digital platform that caters comprehensively to first-time and professional investors.  Virgin Money has launched a digital retail wealth management platform for traders through a joint venture partnership. The Virgin Group financial services brand partnered with British-based global investment platform Abrdn to grant investor access to various investment funds. Virgin Money also leverages technology from FNZ for its digital platform initiative. First-time and seasoned investors will have online and mobile access to three investment choices within an ISA or GIA. The three available funds within the Individual Savings…

Warren Buffett yet again compared bitcoin to gambling

boss

In a recent CNBC interview, Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, shared his thoughts on bitcoin (BTC) and likened it to gambling. Buffett is known for his exceptional investing prowess and has amassed a considerable fortune over the years. Despite his success in traditional investment, Buffett has been a vocal bitcoin skeptic since its inception. During the interview, Buffett was asked about the longevity of bitcoin, which has persisted for nearly 15 years. The interviewer also questioned whether his previous statement, referring to bitcoin as “rat…

The paradox of utility and market value

boss

There has been a very interesting mystery that has been occurring for many years. It’s known as the paradox of value or the water-diamond paradox. Many economists and philosophers have tried to figure it out without much success. The main idea behind this is the contradiction that although water is essential for survival, its price in the market is much lower compared to the price of diamonds. We all know that diamonds don’t have much practical use in our everyday life, especially compared to water.  The concept of utility is…

Why join a blockchain gaming guild? Fun, profit and create better games – Cointelegraph Magazine

Blockchain gaming guilds are the continuation of an ancient tradition. Guilds have existed since the beginning of capitalism in the fourteenth century. The most popular European artisan guilds were seven major guilds of Florence known as Arti Maggiori, which helped refine and improve crafts and trades from medicine to banking and weaving. Can blockchain gaming guilds perform a similar role to help refine and improve games and gameplay? We’re in the middle of rapid experimentation to find out.  Colin Goltra, chief operating officer of Yield Guild Games. Colin Goltra, chief…

Mastercard launches NFT-gated musician accelerator program

boss

Mastercard has been one of several legacy companies rooted in traditional finance to jump into the Web3 space, having been involved in a number of Web3 initiatives in recent years.  Most recently, on April 12, Mastercard announced its new artist accelerator program. However, this time, it added a Web3 twist. The program is nonfungible token (NFT)-gated and therefore only accessible to holders of its Mastercard Music Pass NFT. According to the announcement, the NFT is limited-edition and free until the end of the month to both musicians and fans. The program was created…

ETH Hits $2,000 Following Shapella Upgrade – Market Updates Bitcoin News

boss

Ethereum moved above $2,000 on Thursday, as markets continue to react to the successful Shanghai update. The upgrade, which is also known as “Shapella,” took place late last night, enabling withdrawals on the blockchain. Bitcoin remained above $28,000. Bitcoin Bitcoin (BTC) continued to trade above the $30,000 mark on Thursday, as crypto markets remained buoyed by the latest U.S. inflation report, which fell to 5%. Following a $29,725.57 low on Wednesday, BTC/USD rose to an intraday peak of $30,462.48 earlier in the day. This move sees bitcoin remain near a…

Man Charged in Coinbase Insider-Trading Scheme To Pay the US Exchange $469,525.50 in Restitution

boss

One of the perpetrators in the first-ever crypto insider trading case is required to pay digital asset exchange Coinbase in addition to serving jail time. A New York District Court filing signed by Judge Loretta A. Preska on April 6th orders Nikhil Wahi, brother of former Coinbase product manager Ishan Wahi, to pay the exchange $469,525.50 in restitution while serving his sentence behind bars. “The defendant shall make installment payments toward restitution and may do so through the Bureau of Prisons’ (BOP) Inmate Financial Responsibility Plan (IFRP). Any unpaid amount…

First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation

boss

Italy has recently made headlines by becoming the first Western country to ban the popular artificial intelligence (AI)-powered chatbot ChatGPT. The Italian Data Protection Authority (IDPA) ordered OpenAI, the United States-based company behind ChatGPT, to stop processing Italian users’ data until it complies with the General Data Protection Regulation (GDPR), the European Union’s user privacy law. The IDPA cited concerns about a data breach that exposed user conversations and payment information, the lack of transparency, and the legal basis for collecting and using personal data to train the chatbot. The…