Blockchain

Crypto integration into Xbox also has the potential to onboard millions to crypto, further propelling adoption. Recently leaked internal documents suggest that Microsoft plans to integrate crypto wallets into its Xbox gaming console. The documents were posted on the gaming forum ResetEra and reveal that an Xbox roadmap from May 2022 featured plans to add support for crypto wallets to the next version of Microsoft’s flagship gaming console. The documents were leaked in connection to a...

The platform’s usage is not limited to individual users but also extends to educational organizations. Global crypto exchange Binance’s open-access blockchain and crypto education platform Binance Academy has reported a 62% increase in the number of users.  According to platform data, from September 2022 to August 2023 there was a marked increase in individuals seeking crypto education. This brings the total number of individuals to use the platform to further their knowledge of blockchain...

This partnership is also a significant stride in the Japanese government’s endeavor to embrace blockchain technology and cryptocurrencies, fostering their broader adoption within the country and beyond. Binance Japan is partnering with Mitsubishi UFJ (MUFG) Trust Bank, a move squarely aligned with the Japanese government’s new Web3 policy. This collaboration aims to birth a new stablecoin, and the chosen platform for its development is the Progmat coin platform, a proprietary asset of...

In early 2024, NASA, along with Florida-based startup Lonestar and the Isle of Man, plans to send a payload to the Moon containing “data cubes” whose contents will be authenticated using blockchain technology when they return to Earth. In February 2024, the United States National Aeronautics and Space Administration (NASA), in collaboration with Lonestar, a Florida-based computing startup, and the Isle of Man, is set to dispatch a payload to the Moon. This payload will carry “data cubes”...

More than $115 million was raised last week alone across a number of crypto startups. The largest raise of the week was blockchain game studio Proof of Play which netted $33 million in a round led by Andreessen Horowitz. The firm will use the funding to fuel the growth of its invite-only, on-chain pirate role-playing game, Pirate Nation. Its ambition is to create a decentralized “Forever Game” that does not rely on creator intervention or external servers to continue to...

Ambidextry is the ability of a company to strike a balance between optimising and renewing its business model. This makes it a core capability of digital transformation. Exploration versus exploitation Innovation is one of the three cornerstones of digital transformation. But companies are usually geared towards optimisation (exploitation). This leaves little time for adventure or exploration. This is a balancing act for many companies Established companies have one strong hand above all:...

Die Deutsche Bank hat bekannt gegeben, eine Kooperation mit dem Schweizer Unternehmen Taurus einzugehen, um die Verwahrung von Kryptowährungen anzubieten. Im Zuge des wachsenden Interesses an digitalen Assets hat die Deutsche Bank erkannt, dass sie ihren Kunden eine sichere und zuverlässige Lösung für die Aufbewahrung ihrer Kryptowährungen anbieten muss.Kryptowährungen wie Bitcoin und Ethereum sind digitale Währungen, die auf der...

David Schwartz – Chief Technology Officer of Ripple – involved himself in a dispute with the American broadcaster and filmmaker Max Keiser.  The latter described XRP as a “centralized fiat-shitcoin.” In the following lines, we will outline Schwartz’s reaction to that claim and his opinion on other speculations surrounding the blockchain enterprise and its native coin. XRP is Not Designed to Benefit the Elite Holders Schwartz took it to X (Twitter) to counter-attack on the...

Seychelles-based cryptocurrency exchange HTX (formerly Huobi) has lost $7.9 million worth of ETH to a hacker, on-chain data shows. The exchange has already identified the culprit and is ordering a return of funds with the threat of legal action. As noted by blockchain security firm Peckshield, exactly 4999 ETH ($7,866,926.30) left Huobi’s wallet on Sunday at roughly 10:00 am UTC. Tron founder and Huobi advisor Justin Sun confirmed on Monday that the outbound transfer was...

Though Upbit quickly moved to halt deposits and withdrawals, that decision came after the fake APT token had already made its way into 400,000 Aptos wallets. Upbit, the largest cryptocurrency exchange in South Korea, has resumed withdrawals and deposits of the Aptos (APT) token. This follows an earlier decision by the exchange to freeze deposits shortly after noticing what was an unusual amount of deposit attempts. According to a Sunday statement, Upbit’s system mistook a newly created...