Distributed Ledger

Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

Source Node: https://www.bitcoinnewsminer.com/daily-earnings-of-typical-axie-infinity-player-fall-below-the-philippines-minimum-wage-line-report/
Time Stamp: November 15, 2021 4:38 AM - Modified On: November 15, 2021 - Published By:
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This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries like the Philippines. Naavik Researchers Take a Deep Dive Into Axie Infinity — ‘Scholar’ Earnings Have Been Dropping Since August The Ethereum-based blockchain game Axie Infinity is one of the most popular video games hosted

CBDC Likely, But Not With Blockchain Says Former Boston Fed President

Source Node: https://beincrypto.com/cbdc-likely-not-blockchain-former-boston-fed-president/
Time Stamp: October 18, 2021 1:40 AM - Modified On: October 18, 2021 - Published By:
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Eric Rosengren, former President of the Federal Reserve Bank of Boston made a public statement making the concept of a central bank digital currency (CBDC) for the USA a little more clear. However, be believes that blockchain will not be involved.Sponsored Sponsored In Rosengren’s comments on the potential of a US CBDC, he suggests that it will exist in the future. He also said because it would require an agreement between the White House, Congress, and the Fed, that it could take a long time. Interestingly, Rosengren clarifies that a

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

Source Node: https://cointelegraph.com/magazine/2021/09/30/powers-on-bitcoins-adoption-will-not-be-stopped
Time Stamp: September 30, 2021 9:08 AM - Modified On: September 30, 2021 - Published By:
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In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

Ripple Partners With Bhutan To Pilot CBDC Project

Source Node: https://bitcoinist.com/ripple-partners-with-bhutan-to-pilot-cbdc-project/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-partners-with-bhutan-to-pilot-cbdc-project
Time Stamp: September 24, 2021 7:02 AM - Modified On: September 24, 2021 - Published By:
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Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. Related Reading | Ripple and XRP: The Complete Guide The leading provider of enterprise blockchain and crypto solutions for cross-border payments announced this partnership on Wednesday. There was also a Twitter announcement to this effect. “Today, we are proud to announce our partnership with Bhutan’s central bank, the Royal Monetary

BIS partners with Australia, Malaysia, Singapore, South Africa for CBDC trials

Source Node: https://ambcrypto.com/bis-partners-with-australia-malaysia-singapore-south-africa-for-cbdc-trials/
Time Stamp: September 2, 2021 8:30 AM - Modified On: September 2, 2021 - Published By:
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The Bank for International Settlements (BIS), spearheaded by Singapore, will test the use of central bank digital currencies (CBDCs) for efficient global payments. Via a recent press release, the BIS announced that it is joining forces with the central banks of Australia, Malaysia, Singapore, and South Africa to examine a direct, shared platform for international payments. The experiment, under Project Dunbar, aims to reduce costs and increase the speed between cross-border payments by institutions. According to Andrew McCormack, Head of the BIS Innovation Hub Centre in Singapore, “Project Dunbar brings

Goldman Sachs Is Hiring a New VP of Digital Assets

Source Node: https://cointelegraph.com/news/goldman-sachs-is-hiring-a-new-vp-of-digital-assets
Time Stamp: August 19, 2020 12:52 AM - Modified On: May 21, 2021 - Published By:
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Investment banking giant Goldman Sachs is hiring a new vice president in the Digital Assets team within its Global Markets Division in London.According to a recent job posting on the investment firm’s website, the new VP will work with the Digital Assets team in “defining and executing Goldman Sachs’ distributed ledger technology (DLT) and blockchain efforts firmwide, including any potential initiatives in the cryptocurrency space.” The role requires that any applicants be able to identify opportunities where blockchain and DLT digital assets can add value.The current global head of digital

Unraveling the Blockchain and Crypto Gaming World One Click at a Time

Source Node: https://cointelegraph.com/news/unraveling-the-blockchain-and-crypto-gaming-world-one-click-at-a-time
Time Stamp: August 15, 2020 7:30 AM - Modified On: May 21, 2021 - Published By:
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Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion gamers worldwide will provide a huge leap toward mainstream adoption.Blockchain and distributed ledger technology continue to make inroads into all kinds of industries as an increasing number of people discover and gain an understanding of the benefits that it can bring. From supply chain efficiencies through certification of authenticity and provenance to the immutable

Animoca Targets Non-Crypto Gamers by Developing Big Brand Games

Source Node: https://cointelegraph.com/news/animoca-targets-non-crypto-gamers-by-developing-big-brand-games
Time Stamp: August 12, 2020 12:59 AM - Modified On: May 21, 2021 - Published By:
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While investment is heating up in the blockchain gaming sector, a common criticism of crypto-powered games has been how to secure users from outside of the cryptocurrency space.Blockchain gaming powerhouse, Animoca Brands, believes that acquiring mainstream games with loyal players and exposing them to the benefits of blockchain and distributed ledger technology (DLT) is the best way to attract new audiences into crypto.Cointelegraph spoke to Yat Siu, the chief executive of Animoca Brands, to learn about his firm’s strategy for bridging the gap between the mainstream gaming and crypto worlds.Animoca

What is Flexa Coin? A Guide to FXC Token

Source Node: https://www.asiacryptotoday.com/flexacoin-fxc/
Time Stamp: August 9, 2020 4:16 AM - Modified On: May 21, 2021 - Published By:
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A look at the Flexa project, its background, history, and its native asset, Flexacoin. We will also talk about its underlying protocol, as well as its role in the Decentralized Finance (DeFi) field. The Flexa project claims to be the “simplest and safest way” to allow retail usage of crypto-currencies today. This DeFi project has acquired its reputation and value by enabling different crypto-assets to be used for payments on its digital wallets. And these are done in an instant and highly-secure manner for users and merchants alike. Built on