The overall value of the gaming industry now exceeds 300 billion dollars worldwide, and that number is only expected to rise in the years to come. Gamified Finance (GameFi) is the combination of games and finance. It fuses cryptocurrency, Decentralized Finance (DeFi), and Play-to-Earn games, which means that GameFi games are games with economic incentives […]
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As 2022 gets into full swing, many business owners are considering how they can give their tech setup a refresh. 5G first hit the UK’s shores in May 2019, but it’s taken a while for the rollout to expand enough to make it a viable commercial option. Here, Kristian Torode, Director and Co-Founder of business mobile expert […]
Web 3, as we have covered in previous articles, is essentially a blockchain-based internet. It adds the dimension of ownership and decentralization to the internet that we already know, but more importantly, it is an internet that is readable and navigable by a machine, and it is a whole new frontier. What is, in essence, […]
The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted most transactions because people were selling tokens of content that did not belong to them, its founder said, calling this a “fundamental problem” in the fast-growing digital assets market. Sales of NFTs, or non-fungible tokens, soared to around $25 […]
China’s cyberspace watchdog said a symposium it held with Chinese tech giants last month had given the industry a “clearer understanding” and more confidence in how to pursue development and opportunities as they adjust to a new regulatory landscape. The Cyberspace Administration of China said its official publication had carried out interviews with companies such […]
Another bumpy ride on Wall Street ended on Friday as Amazon’s positive earnings capped a run of mixed big-tech numbers, with the Nasdaq recovering much of its losses from the previous session and all three benchmarks ending the week in positive territory. Results from megacap growth stocks have dictated market moves this week, as investors […]
Shares in Facebook owner Meta fell 20 percent in U.S. premarket trade on Thursday after the social media giant issued a dismal forecast, blaming Apple’s privacy changes and increased competition. The shock drop, which comes before Amazon earnings later in the day, spilled over to Europe where technology led sectoral fallers with a decline of […]
Non-Fungible Tokens (NFT) fame has immensely grown amongst tech enthusiasts, traders, creators, and criminals, with money laundering activities concerning NFTs reaching new heights as it grows daily, Chainalysis report finds. In its report released on Wednesday, Chainalysis reported that a modest yet growing amount of money laundering activity had been associated with the buying and […]
Self-driving vehicle companies from Tesla Inc to General Motors Co’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven vehicles. On Tuesday, Cruise said that SoftBank Group Corp will invest another $1.35 billion in anticipation of Cruise launching commercial robo-taxi […]
Cloud services to lower TCO by over 40 percent over five years Abu Dhabi, 31 January 2022: Etisalat Digital has announced that Transguard Group, the UAE’s leading business support and outsourcing provider, has selected Oracle Cloud Infrastructure (OCI) to migrate their on-premises solutions. This will lower the total cost of ownership (TCO) while giving Transguard the […]