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.....»»
Roblox: David Baszucki worth $4.6bn as shares soar
First day's trading sees David Baszucki's firm now worth more than some of the biggest gaming firms......»»
Roblox goes public via direct listing, soars to $38 billion valuation
Roblox was valued at about $29.5 billion in a January funding round, though its true public value was up to the market to decide. On its first day of trading, Roblox got a big 40% bump giving the company a market cap of just over $38 billion......»»
Welcome to Bloxburg, public investors
As Roblox began to trade today, the company’s shares shot above its reference price of $45 per share. Currently, Roblox is trading at $71.10 per share, up just over 60% from the reference price that it announced last night. That effort finally.....»»
Why Terry Crews is launching a social currency
Actor Terry Crews is going in on the blockchain. With the help of social currency startup Roll, Crews is launching his own social currency, $POWER. But first, let’s break down what that means. Anyone can create a social currency, which hundreds.....»»
Daily Crunch: Apple announces a chip design center in Germany
Apple is making a big investment in Germany, Russia takes aim at Twitter and Roblox goes public. This is your Daily Crunch for March 10, 2021. P.S. Don’t forget to sign up for TC Early Stage 2021, a virtual event focused on operations and fundr.....»»
Roblox: How the children"s game became a $30bn bet on the Metaverse
The gaming company, which has just floated on Wall Street, has plans to inhabit a wider world......»»
Makers of ‘kid’s first virtual world’ Animal Jam targets Gen Z teens with Fer.al debut
Before kids graduate to the expansive virtual worlds in games like Roblox, Minecraft, and Fortnite, they often get their start in online social gaming with a game like Animal Jam. Here, kids learn to personalize their avatar, explore a world, chat wi.....»»
Oscar Health raises IPO price as Coupang releases bullish debut valuation
These companies will soon convert tens of billions of dollars of illiquid private shares into public currency. As such, their offerings may reveal investors' sentiments regarding e-commerce and insurance companies backed by venture capital......»»
Bitcoin Could Either Become Preferred Currency For International Trade Or Face a "Speculative Implosion," Citi Says
An anonymous reader quotes a report from Reuters: Bitcoin rose nearly 7% on Monday as risk assets rallied after last week's bond rout cooled, with Citi saying the most popular cryptocurrency was at a "tipping point" and could become the preferred cur.....»»
China Charges Ahead With a National Digital Currency
The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency. From a report: Annabelle Huang recently won a government lottery to try China's.....»»
Did We Enter The Hyperbitcoinization Era?
Hyperbitcoinization is not a new theory, as it was coined in 2014 by Daniel Krawisz in his Satoshi Nakamoto Institute article. Hyperbitcoinization is a voluntary transition from an inferior currency to a superior one, and its adoption is a series of.....»»
Cryptocurrencies: Why Nigeria is a global leader in Bitcoin trade
A devaluing currency and hard economic conditions make cryptocurrencies attractive despite the risks......»»
D-Wave’s hardware outperforms a classic computer
The company's quantum annealer handles complexity better than a traditional CPU. (credit: D-Wave) Early on in D-Wave's history, the company made bold claims about its quantum annealer outperforming algorithms run on traditional CPUs. Those cla.....»»
Roblox plans to go public on March 10 via a direct listing following $29.5 billion valuation
This is big news for Roblox, as well as its more avid fans. Interested parties can check out the company's full SEC filing here. The prospectus lays out the details of Roblox's business model and financials (it earned $924 million in revenue througho.....»»
Epic will pay off class-action loot-box settlement with in-game currency
Fortnite and Rocket League players will get over $78 million in digital goods. Enlarge / What... what are you doing with that hammer? (credit: Epic Games) Epic is set to settle a class-action lawsuit over its use of randomized loot boxes in Fo.....»»
Nvidia limits crypto-mining on new graphics card
Nvidia's latest graphics card will deliberately slow down if used to mine a popular crypto-currency......»»
Bitcoin hits new record of $50,000
The digital currency has gained 72% so far in a volatile 2021......»»
Jack Dorsey and Jay Z Invest 500 BTC To Make Bitcoin "Internet"s Currency"
Twitter and Square CEO Jack Dorsey and rapper Jay Z have created an endowment to fund bitcoin development initially in Africa and India, Dorsey said Friday. From a report: The duo is putting 500 bitcoin, which is currently worth $23.6 million, in the.....»»
Jack Dorsey and Jay Z invest 500 BTC to make Bitcoin ‘internet’s currency’
Twitter and Square CEO Jack Dorsey and rapper Jay Z have created an endowment to fund bitcoin development initially in Africa and India, Dorsey said Friday. The duo is putting 500 bitcoin, which is currently worth $23.6 million, in the endowment call.....»»
Crypto-currency pioneer Diana Biggs joins digital assets startup Valour as its new CEO
Crypto-currency pioneer and early Bitcoin thought-leader Diana Biggs has joined Swiss-based startup Valour, which lets investors easily buy digital assets through their bank or broker. The move is significant with the news that Tesla has bought $1.5.....»»