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The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
NEWS
Disney enters metaverse by patenting its technology for theme parks The world’s largest media and theme park company was recently approved for a virtual…
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Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
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Fred Hampton once said, “People have to have power; it belongs to them.” Time and again, the world has witnessed the strength of people coming together for a cause and quelling down the authoritarian society. Centralized spaces have abused their power more often than we can recollect. One of…
Chamath Palihapitiya, the former Facebook senior executive, sold 15% of his stake in SoFi Technology. The company’s net worth skyrocketed from $8.6 billion to $17.04 billion this year. SoFi’s share prices fell by 2% shortly after Chamath’s Twitter announcement. Billionaire Chamath Palihapitiya sells 15% of the total stocks of…
China is urging state-owned enterprises to stop mining cryptocurrencies, and the government is proposing punitive penalties, such as higher energy costs, for those that do so. According to sources, Meng Wei, a spokesperson for China’s top economic planner, claimed during a press conference that the NDRC aims to supervise…
According to a Pew Research Center poll issued on Thursday, around 16% of Americans had invested, traded, or used cryptocurrencies in some way. For people aged 18–29, the percentage rises to 31%, while for males in the same age group, it rises to 43%. Participants in the survey who…
A meeting will be conducted this week to decide whether crypto is viable or not. “For cryptocurrency to be effective, we will need policies for cryptocurrency,” said chairman of the Tanzania Bankers Association Cardano’s IOHK also had secret meetings with some officials in Zanzibar The government of Zanzibar, a…
Transcrypts, a blockchain-based document security startup, announced a collaboration with Doctors Without Borders, or DWB, on November 11 at a press conference. They have already uploaded 6500 vaccination data to the blockchain as a result of their collaboration, with a target of 76000 by 2022. The majority of the…
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