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Venezuelan are turning to cyber 'farming', collecting NFTs by playing online games, to supplement their income, as the country faces continued economic woes.
LONDON (Reuters) - Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, with players including ex-England international Rio Ferdinand and Spain's Gerard Pique also investing, the company said on Tuesday.
NEW YORK (Reuters) - Cryptocurrency investment products and funds saw inflows for a fifth consecutive week as market sentiment on the sector continued to improve, data from digital asset manager CoinShares showed on Monday.
LONDON (Reuters) - Prices of cryptocurrencies plunged on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande's troubles rippled over to wider markets.
The week's news regarding cryptocurrencies saw more regulation by US authorities on lending crypto and stable coins, while the Solana network's 17-hour long freeze showed the impact of heavy trading of popular cryptocurrencies.
SEOUL: South Korean regulators are set to shut down dozens of cryptocurrency exchanges in the coming days, though the impact is likely to be felt only on the margins of the industry given the low volumes involved.
BRUSSELS (Reuters) - EU countries will have to provide more clarity on the use and availability of radio spectrum to help the bloc meet its digital targets, the European Commission said on Wednesday, accelerating a push to reduce reliance on U.S and Chinese technologies.
Hong Kong's financial district now includes crypto firms alongside traditional banks, as the area's biggest landlord sees crypto having a future in the finance industry.
KUALA LUMPUR (Bernama) -- Bursa Malaysia Bhd (Bursa Malaysia) has embarked on a dematerialisation proof-of-concept with Digital Asset and VMware to facilitate the dematerialisation of securities certificates.
NEW YORK: Cryptocurrency executives should work with regulators instead of being their adversary for the sector to grow to its potential, members of a digital currency panel at Wall Street's SALT conference said on Monday.