Is Bitcoin a currency, money, digital gold? Industry participants have differing opinions on what BTC is as the halving approaches. As the Bitcoin halving draws ever nearer, the demand for the digital asset keeps soaring, having seen an increase of around 15% against the United States dollar in the past month. The Bitcoin halving is […]
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13,000 South Korean ATMs will soon facilitate fiat withdrawal and international remittance services using Litecoin. On Feb. 28, the Litecoin Foundation announced a partnership with MeconCash to roll-out Litecoin (LTC) to Korean won withdrawals and remittances from 13,000 ATMs in South Korea. The partnership will see LTC integrated onto MeconCash’s M.Pay payments platform. Litecoin will […]
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The UFC has partnered with CryptoKitties creator Dapper Labs to launch blockchain-based collectibles on the forthcoming Flow platform. Dapper Labs, the company behind CryptoKitties, has announced a partnership with leading mixed martial arts promotion Ultimate Fighting Championship (UFC). According to a press release on Feb. 25, the partnership will see the development of “a new […]
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Sports fan token project Socios plans to launch an integrated membership and fiat-crypto prepaid debit card, which also provides blockchain-based global ID functionality. Cooperation between fiat currency card issuers and the blockchain industry appears to be proceeding apace. On Feb. 24, sports fan token project Socios announced the launch of an integrated membership and fiat-crypto […]
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NBA and NFL embrace new technology such as Non-Fungible Tokens that allows greater fan engagement, but no player contract tokenization any time soon. Cointelegraph was on the ground for NFT NYC, event taking place a couple of hundred feet from Times Square dedicated to non-fungible tokens. While most of the companies at NFT NYC are […]
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Decentraland recently launched its virtual reality world, seeing $1 million in land sold on its digital arena. Almost three years after its ICO, Decentraland has opened its platform — a virtual world in which participants buy and sell fake land, as well as construct buildings. Over the past ten days, Decentraland gamers have purchased over […]
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A new Ethereum-based platform, Enjin, aims to make game creation and creative projects on the blockchain simpler for a wider community. A new initiative aims to make game creation and creative projects on the blockchain simpler for a wider community. Today, Feb. 18, blockchain startup Enjin launched its gaming and digital collectibles creation platform on […]
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The blockchain creation game from Ethereum completely sold out second LAND presale. A large part of the economy will always remain dependent on gamers. Whether it was parents throwing down $200 for a Nintendo Entertainment System back in the 1980s or millions enticed by freemium models, people around the world are drawn in by addictively […]
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Here is how the crypto games market has developed over recent years, and what to expect in 2020. Since the release of a game called CryptoKitties in November 2017, the concept of nonfungible tokens has been rooted in the minds of developers and crypto investors alike. The year 2019 was groundbreaking, with large, multinational companies […]
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Video game currencies have been stricken off an official IRS guidance as examples of virtual currencies, as the agency ups its scrutiny of crypto transactions. The Internal Revenue Service (IRS) removed wording on its website that put game currencies as examples of a convertible virtual currency. This clarification is important as a new tax filing […]
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