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.....»»
Elon Musk"s Tesla buys $1.5bn of Bitcoin causing currency to spike
The cryptocurrency surges 17% as Tesla also said it could start accepting Bitcoin as payment......»»
AUO expects strong outlook in 2021
AU Optronics (AUO) has a strong outlook for 2021, but there will be callenges for the first half of the year coming from currency exchange rates, insufficient labor and materials shortages, according to company chairman Paul Peng......»»
Dogecoin takes off after tip by Elon Musk
The currency has risen more than 800% in the year so far......»»
India plans to introduce law to ban Bitcoin, other private cryptocurrencies
India plans to introduce a law to ban private cryptocurrencies such as bitcoin in the country and provide a framework for the creation of an official digital currency during the current budget session of parliament. In the agenda (PDF) published on t.....»»
How Roblox’s creator accelerator helps the gaming giant build new platform opportunities
As Roblox eyes what could be a historic debut on public markets in the coming months, investors who have valued the company at $29.5 billion are certainly eyeing the gaming company’s dedicated and youthful user base, but it’s the 7 millio.....»»
Archaeologist argues the Chumash Indians were using highly worked shell beads as currency 2,000 years ago
As one of the most experienced archaeologists studying California's Native Americans, Lynn Gamble knew the Chumash Indians had been using shell beads as money for at least 800 years......»»
Inspirit launches to bring Minecraft creativity to biology class
Aditya Vishwanath, the founder of Inspirit, wants to bring the creativity associated with Minecraft to the day-to-day schoolwork of students around the world. “These students are coming from TikTok and playing Roblox games [that are] highly interac.....»»
MediaTek expects up to 8% revenue growth in 1Q21
MediaTek expects to post revenue growth of up to 8% sequentially to between NT$96.4 billion (US$3.44 billion) and NT$104.1 billion in the first quarter of 2021. Despite foundry capacity constraints, overall demand will grow outperforming seasonal pat.....»»
Andrew Yang Proposes a Local Currency, Sees Growing Support for Universal Basic Income
In March Andrew Yang's nonprofit gave $1,000 one-time grants to a thousand residents in the Bronx. This week a new article in the New Yorker asks one of those grant recipients how they feel about Yang's newest proposal as he runs to be New York's may.....»»
On the origins of money: Ancient European hoards full of standardized bronze objects
In the Early Bronze Age of Europe, ancient people used bronze objects as an early form of money, even going so far as to standardize the shape and weight of their currency, according to a study published January 20, 2020 in the open-access journal PL.....»»
Extra Crunch roundup: 2 VC surveys, Tesla’s melt up, The Roblox Gambit, more
Thanks very much for reading Extra Crunch this week. I hope we can all look forward to a nice, boring weekend with no breaking news alerts. This has been quite a week. Instead of walking backward through the last few days of chaos and uncer.....»»
The Roblox Gambit
The Roblox direct listing wwill lay down some groundwork for new conventional wisdom when it comes to pricing public listings and which methods are good to use. So it turns out that Roblox is worth $29.5 billion. That’s the lesson th.....»»
Daily Crunch: Facebook bans Trump for two weeks
Online platforms take action against President Trump, Lenovo tries out a swiveling screen and Roblox raises $250 million. This is your Daily Crunch for January 7, 2021. The big story: Facebook bans Trump for two weeks After a pro-Trump mob stormed th.....»»
The World"s Cryptocurrency is Now Worth More Than $1 Trillion
The world's cryptocurrency is now worth more than $1 trillion, with bitcoin accounting for a large majority of the value. The price of the oldest virtual currency has risen above $40,000, pushing the value of all bitcoins in circulation up to more th.....»»
Roblox raises at $29.5 billion valuation, readies for direct listing
Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The company won’t be private for long, though. The $52.....»»
Game maker Roblox"s value rockets seven-fold during pandemic
The online game maker is now pushing ahead with a shares debut after securing fresh funding......»»
Ukraine Government Picks Stellar To Help Build National Digital Currency
An anonymous reader quotes a report from CoinDesk: Ukraine's government has chosen the Stellar blockchain network as a platform to build a central bank digital currency (CBDC). Announced Monday, the Ministry of Digital Transformation of Ukraine and t.....»»
Ether Soars Above $1,000 As Bitcoin Sets Another Record
An anonymous reader quotes a report from Ars Technica: Ether, the native currency of the Ethereum network and the second most valuable cryptocurrency, has soared above $1,000 for the first time since 2018. The rise is part of a broad cryptocurrency b.....»»
Ether soars above $1,000 as bitcoin sets another record
The value of all cryptocurrencies in circulation is more than $850 billion. Ethereum creator Vitalik Buterin. (credit: TechCrunch) Ether, the native currency of the Ethereum network and the second most valuable cryptocurrency, has soared above.....»»
Bitcoin Surges 50% in Just One Month. CNN Ponders "Insane" Record Run
The price of Bitcoin increased 50% — in the last four weeks. Now priced at $26,579, "Bitcoin is crashing — upward," quips CNN Business: The digital currency has a market value north of $500 billion. Think Bitcoin is just a fad? It's w.....»»