Acting SEC chair rejects enforcement, first US bank-issued stablecoin, Bitcoin’s four-year cycle at crossroads, and more in this Week in Review. Week in Review Acting SEC Chair Uyeda called for clear rulemaking over enforcement to provide much-needed guidance to the industry. The first U.S. bank-issued stablecoin on a permissionless blockchain—Ethereum—has launched. Bitcoin’s price remains relatively […] Source link
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IRS Issues Crypto Relief, XRP Market Update, and More — Week in Review
IRS issues crypto relief, XRP market update, the Bitcoin quantum computing debate, and more in this Week in Review. Week in Review The IRS announced temporary tax relief for crypto holders on centralized exchanges in 2025. XRP broke key resistance, trading around $2.36–$2.40, with bullish momentum suggesting a potential target of $2.90. In Bitcoin news, […] Source link
Read MorePUBG devs’ Web3 project, Animoca’s $20M raise, Shardbound review – Cointelegraph Magazine
PUBG meets Cosmos Krafton, the company behind PlayerUnknown’s Battlegrounds (PUBG), is venturing into Web3 with Settlus, a Cosmos-based blockchain project specifically designed for the creator economy. Settlus aims to provide content creators with a payment platform that streamlines transparent settlement processes. The South Korean gaming giant’s project was announced at the Korea Blockchain Week’s Circle Hacker House event, co-presented by Circle and AngelHack. Circle CEO Jeremy Allaire highlighted PUBG’s large user base of 30 million monthly active users. Cosmos’ software development kit will serve as the framework, and network gas…
Read MoreGTA owner joins Web3, Bitcoin casino, Sunflower Land review: Web3 Gamer
Grand Theft Auto owner enters Web3 via mobile gaming arm Fun fact: mobile gaming giant Zynga is owned by Take-Two Interactive, the same company that also owns Rockstar Games, which is behind ultra-popular video game series like Grand Theft Auto, Red Dead Redemption and NBA 2K. Now Zynga is making its Web3 debut with a new franchise. Best known for its FarmVille series, Zynga has created an offshoot studio called Zynga Web3 (or ZW3) and announced Sugartown. It’s a cross-media world that will be more like a Web3 gaming platform…
Read MoreBrink Renews Grant For Sebastian Falbesoner's Review Of BIP324 To Enhance Bitcoin's Censorship-Resistance
Bitcoin research and development center, Brink, has announced the renewal of a year-long grant for Sebastian Falbesoner, also known as theStack. “As part of his grant renewal application, he emphasized the importance of BIP324 Version 2 P2P transport and why he plans to spend his review time on the project,” the announcement read. BIP324 aims to address the vulnerability of Bitcoin’s peer-to-peer (P2P) communication layer, where messages are currently transmitted unencrypted. Sebastian highlights the need for opportunistic encryption between Bitcoin nodes to combat censorship, privacy breaches, and other attacks. He…
Read MoreGTA 6 crypto rumors, Dr Who/Sandbox, Thai tourist NFTs review – Cointelegraph Magazine
Grand Theft Auto VI crypto rumors Rumors that the upcoming Grand Theft Auto VI will incorporate cryptocurrency and nonfungible tokens have once again surfaced, sparking speculation among fans. Posts shared on Twitter suggest that GTA 6 will be a play-to-earn game and that in-game items such as cars and weapons will be NFTs. GTA creator Rockstar Games is yet to weigh in on whether there’s any truth to these claims, but there seems to be little solid evidence backing the rumors. The company cracked down on the use of crypto…
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