TangoChain Unveils a Play-to-Earn Game Console Feature

TangoChain announces its plan to implement a new play-to-earn game console with unique functionalities. According to a press release, the team wants to offer users access to a wide range of top-tier games, including a play-to-earn option.  As per the report, the TangoChain team has based its console on the Android operating system. This way, gaming enthusiasts should run an entire catalog of in-demand games developed by A+++ producers. Moreover, this gaming device integrates an implementation that enables users to convert millions of…

Elon Musk Believes Reducing Doge Fees Will Boost Its Adoption

On 22nd September, Elon Musk tweeted that he wants Doge fees to fall. According to the billionaire, the costs need to drop to increase the crypto's use in payment for retail services. Essentially, Elon played a significant part in Dogecoin in 2021, as he plans to use the coin in his company.  Elon Wants Doge to Reduce Fees Musk noted that lowering the coin's fees would help in the adoption of Doge in actual purchases. Elon's  Tweet Reads: Super important for…

Bitcoin.org Site Compromised, Hackers Falsely Promise Bitcoin Earnings

Earlier today, hackers compromised the popular open-source Bitcoin.org website. The site was inaccessible as of 05:44 UTC Thursday. A message obstructed the homepage screen, persuading the users to send money to a bitcoin wallet. The notice claims it is doing so since the Bitcoin Foundation is “giving back to the community.” The message says only the first 10,000 users can benefit from the offer. The message has a QR code for the wallet and its address too. All other site…

OCC Chief says Crypto Could Destabilize the Financial System Like Derivatives in 2008

Michael Hsu, Chief of the US Office of the Comptroller of the Currency (OCC), isn’t very keen on cryptocurrency. He recently called the industry a threat to the financial system that could unravel into a 2008-style collapse. Hsu’s Concerns Surrounding Crypto Hsu voiced his criticisms of the digital asset space in a webcast with The Blockchain Association on Tuesday. During the call, he compares the threat of cryptocurrencies to credit-default swaps that led to the banking meltdown of 2008. Like cryptocurrency and…

New US SEC Chairman to Receive Payments from Banking Giant Goldman Sachs

Gary Gensler, the new chairman of the US Securities and Exchange Commission (SEC), came under fire after a recent disclosure. The report highlighted that the SEC head could receive over $11,724 a year in payments from Goldman Sachs. The revelation showed that Gensler might use his new role as SEC chair to attack retail investors. Some in the crypto sphere questioned Gensler's pension plan from Wall Street giant Goldman Sachs. They argued that the new SEC head could be more inclined to protect…

Central Bank of Bhutan Partners with Ripple Ahead of CBDC Trials

As per Nikkei reports, the Royal Monetary Authority of Bhutan partners with Ripple for its CBDC trials. The main aim is to integrate Ripple’s XRP blockchain into Bhutan’s payment infrastructure to improve P2P transactions and international remittances. Central Bank of Bhutan and Ripple As per Japanese news company Nikkei, the San Francisco-based company Ripple will work with Bhutan’s Central Bank to try their CBDC. The main aim of this collaboration is to see to it that the CBDC will have flawless international…

Can One Split Their Crypto Investments During a Divorce?

Crypto popularity has been brewing like a storm. Adoption rates are increasing, with estimates placing the figure in the United States at around 20 million. Everyone seems to want a slice of the crypto pie. But the digital asset is a young player in the investment asset world, having first appeared in 2009 under Bitcoin. As such, the regulatory framework governing cryptos isn't universal. It is essentially a work in progress. So a question lingering in people's minds is what happens…

Is Solana a Decentralized Network? Recent Events Say Otherwise

Solana, a smart contract center, has been the talk of the crypto world for about a month now. Its value increased nearly 7 times between August and September, from merely $30 to over $200. Those excellent moves in the coin and network show that the blockchain is heading to greatness. Nonetheless, the cryptocurrency has seen its value plummet from the recent ATH to values below $150. Analysts are still discussing whether the crypto's price action signals a pump and dump…

Financial Firm Revolut is Paying WeWork Office Rent in Bitcoin

The fintech firm is the first WeWork member company to pay for its workspace in cryptocurrency. The financial technology firm is the largest of its kind in the UK. Also, the company gained $800 million in funding back in mid-2021. The new office will house about 300 employees, making it the organization’s most prominent office space. The cryptocurrency-infused financial tech company is preparing for expansion in the US. It was for this reason that it acquired the new area. Revolut Pays for Workspace in…

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