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China Can’t Regulate Virtual Worlds – The Pros of Decentralized Metaverses

China’s crackdown on cryptocurrencies has reached a new level of intensity in recent weeks. The People’s Bank of China (PBOC) has previously decided to prohibit financial institutions from dealing in virtual currencies, including Bitcoin and Ethereum. More recently, the PBOC has attempted to shut down cryptocurrency transactions and mining entirely. This news has sent shockwaves throughout the industry and caused many traditional financial firms to rethink their involvement with cryptoassets. In particular, it’s been a major blow for Chinese bitcoin miners who are now scrambling to find ways of preserving

Bitcoin worth surge to $49K prompts a number of altcoins to hit new all-time highs

On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) worth above the $49,000 degree, a transfer that prompted many merchants on crypto Twitter to name for the top-ranked digital asset to knock down the psychological resistance at $50,000. Data from Cointelegraph Markets Pro and TradingView exhibits that after trading in a spread with an higher restrict close to $48,200 for a number of days, bulls managed to interrupt larger and climb to an intraday excessive at $49,242, capping a 20% rally since trading at a low of

Smash Ultimate’s Final Fighter soon to be Revealed

Nintendo confirmed that the sixth and final Smash Ultimate fighter is being announced on October 5 with a special broadcast dedicated to this reveal.“The Final Mr. Sakurai Presents” is the name of this event, further announcing the end of an era. After two whole seasons of new content and characters, Smash Ultimate is by far the most complete game of the franchise now.Fighter Pass Volume 2Masahiro Sakurai will share the screen one last time to present the new fighter. Like the ones that came before, he will reveal all of

Episode #338: Startup Series – Will Matthews, Fellow, “Semen Quality Is The Canary In The Coal Mine To Overall Health”

Episode #338: Startup Series – Will Matthews, Fellow, “Semen Quality Is The Canary In The Coal Mine To Overall Health” Guest: William Matthews is the founder and CEO of Fellow, which offers the only lab-certified, mail-in semen analysis that exceeds all standards for FDA validated semen analysis methods. Date Recorded: 7/15/2021     |     Run-Time: 49:21 Summary: In today’s episode, we’re covering the topic that men like to shy away from – sperm health! We start by discussing the decline in fertility rates in the West and the possible reasons why –

“Cashless” Rich Turrin, DigFin VOX, Ep 12

Richard Turrin is a consultant and author based in Shanghai. He began his career on investment banking trading floors. From 2013 to 2016 he worked at IBM’s artificial unit, Watson, where he was in charge of its Asia-Pacific fintech operations. His latest book is “Cashless: China’s Digital Currency Revolution”. He joins DigFin’s Jame DiBiasio to talk about the key themes of the book, including the nature and design of central-bank digital currencies (CBDCs), their uses, and their development in the context of China’s fintech story. Perhaps most pointedly, Turrin identifies

Katal Chain: A Template for Blockchain-Based Finance

Blockchain technology is believed by many to reshape the way we perform real-life transactions. However, the difficulty in learning the ins and out of cryptocurrency space, as well as knowing the complex codes used in these systems remain a barrier to entry. Katal Chain was developed to address this specific issue. Katal Chain was designed to make it easy for anyone to automate their business and financial transactions through a blockchain, leveraging its decentralized nature and security. Through Katal Chain, the task of creating decentralized financial applications can be easier,

Plasm Network: A Layer 2 Parachain

Scalability is a major issue for most existing decentralized blockchains in the crypto space. Plasm Network, a layer 2 blockchain protocol, looks to put an end to blockchain scalability, privacy, and interoperability issues.   Blockchains by design are not made to scale due to their decentralized consensus mechanism. Their transaction speeds, measured in transactions per second (TPS), are far slower compared to centralized systems. This results in longer transaction time and generally poor user experience. That’s because most people are used to paying instantly with credit cards and cash. This makes