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Day: February 23, 2022

Crypto companies are tempting top talent away from Big Tech to build ‘Web3’

KEY POINTS Crypto companies like Polygon and Circle are hiring top talent from Big Tech firms, enticing them with the pitch of working on the next “big thing” in tech — Web3. The Web3 movement proposes overhauling the internet in a way that would move online services over to decentralized technologies like blockchain. Tech executives …

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1Password Adds 1-Click Credential Storage for Solana-Based Phantom Wallet Users

The new collaboration is intended to make crypto security human-centric by simplifying login management and lowering the barrier to entry. Every year people lose access to their digital wallets due to poor key management. Now, 1Password, a popular secure password management platform, has teamed up with crypto wallet provider Phantom to help prevent this sort …

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Puma registers ENS domain, changes name to Puma.eth on Twitter

The sports company added the ENS domain name to its growing collection of NFTs, joining Nike and Adidas in the metaverse. Puma is the latest in a growing list of major brands to purchase a decentralized URL and reveal their nonfungible token, or NFT, by changing their Twitter handle to Puma.eth. The German sportswear brand registered the …

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BRAZIL TAKES FIRST STEP TO REGULATE BITCOIN

The Senate’s economic affairs committee unanimously approved a bill that seeks to regulate the day-to-day usage of bitcoin in financial transactions. The Brazilian Senate’s Economic Affairs Committee (CAE) approved a bill on Tuesday to acknowledge and regulate the Bitcoin and cryptocurrency markets in the country, according to an official statement. CAE’s unanimous approval of PL 3825/19 – a …

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El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender

El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government explained. El Salvador’s Economy Boosted by Bitcoin Law The Salvadoran government has outlined some economic benefits resulting …

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Barclays full-year net profit quadruples as corporate and investment bank booms

KEY POINTS Fourth-quarter net income attributable to shareholders came in at £1.12 billion, outstripping a mean forecast of £756.5 million, according to Refinitiv data. The figures marked a significant improvement from the £1.53 billion net profit reported in 2020 and £220 million in the fourth-quarter of that year, as the U.K. navigated fresh nationwide Covid-19 …

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SLING TV TO ACCEPT BITCOIN AS PAYMENT

Sling TV is now accepting bitcoin payments for their personalized television streaming services. Streaming service provider Sling TV now accepts bitcoin payments. Existing customers can prepay 1-6 months of service using bitcoin and cryptocurrencies. New customers must pay for the first month using legacy payment methods and can use bitcoin payments starting in the second …

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Brooklyn Nets Owner Family Office, Pantera Capital Invest $6M in ‘Virtual Basketball Association’

Web 3 fantasy sports game also saw investment from Fast Break Labs and League of Legends developer Riot Games’ Thomas Vu. Fantasy sports is a $20 billion market globally, and now two ex-Meta employees are building a Web 3 fantasy basketball game backed by $6 million in funding from the owner of the Brooklyn Nets, Pantera Capital, …

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NFTs and DeFi are changing the way people invest in real estate and own homes.

NFTs continue to make an impact on multiple sectors, and this mainstreaming is opening up new opportunities and revealing new trends for blockchain technology. NFTs and DeFi are changing the way people invest in real estate and own homes. Recently, the real estate sector has shown interest in blockchain technology because it opens up the …

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