The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank’s annual general meeting on Friday. “Buying bitcoin is not a problem for us, we can do that either directly or can buy investment products which are based on bitcoin,” Jordan said. “We can […]
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Videogame publisher Activision Blizzard Inc said on Thursday that its shareholders approved Microsoft Corp’s $68.7 billion proposal to buy the “Call of Duty” maker. More than 98 percent of the shares voted at a special meeting held earlier in the day were in favor of the proposed transaction, the Santa Monica, California-based company said. Microsoft […]
Twitter buyer Elon Musk calls himself a free speech absolutist, but that could be put to the test in the Middle East where critics say authoritarian governments use the platform to track opponents and spread disinformation. Twitter did not immediately respond to a request for comment on how it might deal with Middle Eastern governments’ […]
By now you probably know, at least vaguely, what the Metaverse refers to. A persistent 3D world of 3D worlds interconnected via the internet, verified and established on the blockchain. Interacting on the blockchain means your identity is singular, unique, and unchangeable, except by you. So, in this virtual world, you will, of course, need […]
Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S. economy’s contraction in the first quarter. The Facebook parent surged 17.6 percent after the social network reported a larger-than-expected profit and rebounded from a drop in users. […]
Samsung Electronics Co Ltd said on Thursday it expects firm data centre demand for high-margin memory chips to continue in the second half, but warned component shortages will likely persist as well. The world’s top memory chip and smartphone maker said underlying server chip demand appears “relatively solid” as companies boost investments and look to […]
Newcomers to the crypto and NFT space often overestimate how complicated it is to participate in the buying, selling, and trading of cryptographic tokens. Although each investment is unique, the basics of investing are usually the same. Whether it’s a piece of art, stocks, cryptocurrency, or buying an NFT for the first time, you need […]
Cryptoassets could be seized to help combat economic crime, Britain’s government said on Thursday, but its proposal stopped short of the radical overhaul called for by lawmakers who want a single crime-busting agency. Banking and online scams have rocketed in Britain, particularly since the COVID-19 pandemic. The government said in its response to a parliamentary […]
Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100 percent renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change. Samsung, the world’s biggest chipmaker, is late to the green power pledge: It’s been […]
We have covered NFTs extensively on our website, their uses, applications, and their shortcoming. To some, they are nothing but scams, ultra-rich people’s hobbies, or greedy maneuvers by big companies and celebrities to siphon even more money out of the common person. To others, they represent a beautiful future of financial freedom, community, and economic […]