Epic Games “definitely” won’t follow NFT ban imposed by Minecraft
Tim Sweeney, CEO of Epic Games, stated that the company will not outright forbid NFTs since developers “should be free to decide how to build their games.” Tim Sweeney, CEO of Epic Games, said his company “certainly won’t” follow the lead of the creators of Minecraft by outlawing nonfungible tokens (NFTs). As was previously reported, […]
Blockchain in healthcare ‘critical’ to protect sensitive data: Zelis CTO
Zelis CTO urged health care providers to use blockchain technology to safeguard patient information and fend against cyberattacks. The use of blockchain technology, according to Kali Durgampudi, CTO of healthcare payments business Zelis, is essential for safeguarding patients’ sensitive data from fraudsters. As the sector attempts to digitize its “archaic paper-based processes,” Durgampudi observed that […]
Mike Novogratz: 200X returns from cryptocurrency are “not normal”
The extraordinary profits observed in the cryptocurrency market, according to ex-LUNAtic Mike Novogratz, are just unsustainable. Making more than 200X returns on cryptocurrency investments is “not normal,” according to Mike Novogratz, the billionaire founder of crypto asset management company Galaxy Digital. Novogratz forewarned attendees of the Christie’s Art + Tech Summit in New York on […]
Compass Mining adds 25,000 ASIC miners after worker cutbacks
Compass mining, a Bitcoin mining company aims to grow its fleet of mining machines after layoffs and executive wage cuts. Compass Mining has disclosed expansion ambitions in the form of a 75 megawatt (MW) hosting agreement with Compute North for its data center in Granbury, Texas, just weeks after announcing worker layoffs and wage reductions. […]
SCB delays acquisition of Bitkub due to strict Thai crypto regulations
Due to strict cryptocurrency rules, Siam Commercial Bank (SCB) is unable to buy the largest local bitcoin exchange in the nation. A subsidiary of Siam Commercial Bank (SCB), SCB X Group, announced in November 2021 that as part of its strategy to establish itself as a regional fintech, it will buy a 51 percent ownership […]