Roblox Currency "Robux" Is Outperforming the Ruble
An anonymous reader quotes a report from Motherboard: As of this writing, the Ruble is worth about 0.012 U.S. dollars. The Robux, the money people use to buy things in Roblox, is worth about 0.0125. This means that the Robux has slightly more buying.....»»
India says it will launch digital rupee as soon as this year
It is the latest major economy to announce its own virtual currency, as China trials the digital yuan......»»
MIT/Federal Reserve Bank Release Research on a Possible Central Bank Digital Dollar
"The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology's Digital Currency Initiative have come up with an initial design for a central bank digital currency," reports Yahoo Finance. Reuters cautions that the newly-release.....»»
India Proposes a 30% Tax on Crypto and NFTs Income
India on Tuesday announced plans to launch a digital currency by next year and tax cryptocurrencies and NFTs as the country moves closer to recognizing cryptocurrencies as legal tender in the world's second largest internet market. From a report: Inc.....»»
A court is banning one man from Roblox forever
Simon, better known by his YouTube handle Ruben Sim, was first banned from playing Roblox several years ago. His evasion of that ban, documented on his YouTube channel, and his public encouragement of trolling in the game, resulted in a lawsuit being.....»»
Judge’s order slaps Roblox player with permanent game ban
Order agreed upon by both parties, includes $150,000 judgment in Roblox's favor. Enlarge / A court order has led to a longtime Roblox player being banned from the popular game. (credit: Aurich Lawson | Roblox | Shark Fin Studios).....»»
Crypto.com exchange loses $34 million in BTC and ETH to hackers
Crypto.com has published a full security report on its website detailing exactly how much currency was lost as part of the hack. The company also briefly discussed how and when it first detected the hack and listed the steps it has taken and will be.....»»
TSMC expects up to 29% sales growth in 2022
TSMC expects to see its 2022 revenue in US dollar terms increase 25-29% on year, outperforming the industry average......»»
Second Life Founder Returns To Revamp His Original Metaverse
An anonymous reader shares a report: The metaverse isn't a new concept. Not only did Neal Stephenson coin the idea in 1992, but some of us were literally living in virtual spaces with virtual currency and virtual storefronts nearly 20 years ago. The.....»»
CES 2022: KyrptoGO building zero trust network for virtual currency industry
Virtual currency has been a topic of interest in the financial technology (FinTech) world. Since the industry is still in its embryonic stage, there is a lot of space for improvement when it comes to transaction monitoring mechanisms. KryptoGO, a reg.....»»
Mexico"s Central Bank Will Launch Digital Currency by 2024
Mexico's central bank will have its own digital currency in circulation by 2024 as part of efforts to boost financial inclusion. From a report: "These new technologies and next-generation payment infrastructure are extremely important," the federal g.....»»
Elon Musk reveals who bitcoin"s creator Satoshi Nakamoto might be
Musk.MARK RALSTON/AFP via Getty ImagesElon Musk seems to agree with many that hyper-secret cryptocurrency expert Nick Szabo could be Satoshi Nakamoto, the mysterious creator of the digital currency Bitcoin. "You can watch ideas evolve befo.....»»
Euro banknote artist fears redesign could revive rivalries
Twenty years after arriving in Europeans' wallets, euro banknotes will get a new look with help from the public, a process officials hope will make citizens feel closer to the single currency......»»
Two decades on, euro can"t shake reputation as price driver
Europeans have been living with euro banknotes and coins for 20 years now, but many still point the finger at the single currency for covertly driving up consumer prices—despite plenty of evidence to the contrary......»»
Bitcoin Could Become "Worthless," Bank of England Warns
The Bank of England has said that bitcoin could be "worthless" and people investing in the digital currency should be prepared to lose everything. The Guardian reports: In a warning over the potential risks for investors, the central bank questioned.....»»
Ninety percent of all Bitcoins have now been mined
The latter protection hasn’t been terribly effective to date, but then again, it’s unclear what sort of expectations Nakamoto had for the digital currency when it was first conceived......»»
Apple’s approach to Roblox takes center stage in antitrust probe
If it's found that Apple gave Roblox special treatment, the DoJ's antitrust case against the company would be bolstered......»»
Facebook"s David Marcus, Creator of Embattled Diem Project, To Leave Company
David Marcus, one of the top executives at Meta Platforms and the co-creator of the yet-to-be-launched Diem digital currency, is leaving the company after seven years to pursue other projects. From a report: Marcus, who joined the Facebook parent com.....»»
India roundup: Acer and Dixon Technologies partnering up
The Modi government is proposing a bill to regulate blockchain technology and is likely to launch an official virtual currency, while Acer and local manufacturer Dixon Technologies are partnering up to increase local manufacturing of laptops......»»
Roblox Sues YouTuber For $1.6 Million Over Terrorizing Kids Platform
Roblox is taking notorious YouTuber Benjamin "Ruben Sim" Simon to court over his alleged attacks on the gaming social media platform and its young fans. A lawsuit filed in California court on Tuesday wants the longtime banned player to pay $1.6 milli.....»»
Centrist Dems Sink Biden"s Nominee for Top Bank Regulator
Five Democratic senators have told the White House they won't support Saule Omarova to head the Office of the Comptroller of the Currency, effectively killing her nomination for the powerful bank-regulator position. Axios: The defiant opposition from.....»»