Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) is on track to meet or exceed gold’s market capitalization amid a rapid wave of retail and institutional adoption of the digital asset. In an interview with CNBC’s Squawk Box, Novogratz said cryptocurrency “adoption’s happening much faster than I predicted,” adding that “it’s shocking to me how
Month: March 2021
Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital assets. In an interview with CNBC, Mary Rich, the global head of digital assets for Goldman Sachs private wealth management division, said that the rollout may happen sometime in the
The rise of nonfungible tokens, or NFTs, has been nothing short of astounding this year. Google searches for “NFT” are up over 600% since mid-February, hitting initial coin offering mania levels, and the top NFT platforms are turning over millions of dollars each day. In a single 24-hour period earlier in March, sport collectibles platform
High levels of excitement continue to surround all things NFT-related as nonfungible art, collectibles and new business models built on the nascent sector attract a diverse array of investors. In addition to the development of lucrative secondary markets for NFT listings and sales, crypto projects that are focused on NFTs, DeFi and cross-chain interoperability have
A Scottish music school will begin accepting cryptocurrency as tuition payment following demand from students, it was announced this week. The Morningside School of Music in Edinburgh said it was responding to suggestions from adult pupils in the school, many of whom now work in the city’s burgeoning fintech sector. Morningside’s director, Linda Boyd, said
On March 28, the Scottish school in Edinburgh called the Morningside School of Music decided to accept cryptocurrency payments for tuition. Morningside’s director Linda Boyd said the school had noticed the trend of larger firms joining the crypto economy and it’s “just a matter of time before smaller businesses like ours start doing the same,”
GOQii founder Vishal Gondal has been summoned by the police in Faridabad over posts against real money gaming. Gondal, who is also an investor in nCore games, the creators of FAU-G, has been posting about the differences between video games and real money gaming, that he described as gambling. This has led to multiple defamation
Arm unveiled the biggest overhaul of its technology in almost a decade, with new designs targeting markets currently dominated by Intel, the world’s largest chipmaker. The Cambridge, UK-based company is adding capabilities to help chips handle machine learning, a powerful type of artificial intelligence software. Extra security features will lock down data and computer code
The last date to file your income tax return (ITR) is today, March 31, as FY2020-21 draws to a close. Today also marks the last date to link your Permanent Account Number (PAN) to Aadhaar. Last week, the government passed the Finance Bill 2021 in the parliament, introducing a new section — 234H. Under this,
In this article MSFT President Joe Biden signs the “Paycheck Protection Program (PPP) Extension Act of 2021” into law in the Oval Office at the White House in Washington, U.S., March 30, 2021. Jonathan Ernst | Reuters President Joe Biden wants to dramatically expand internet access to Americans with a $100 billion investment as part
Apple Maps has started showing COVID-19 airport travel guidance to iPhone, iPad, and Mac users to let them easily access local airport health requirements including face coverings, health tests, or screenings, and quarantine guidelines. The data has been sourced from the Airports Council International (ACI) for major airports across the globe, including key ones in
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LinkedIn is working on a Clubhouse-like service within its app, the company confirmed through a blog post on its website. LinkedIn said it is reimagining how its users can create a more “expressive and inclusive” profile on the platform. The first step in this direction is a video cover story feature that allows LinkedIn users
You’re fully aware of the need to stop threats at the front door and then hunt any that got through that first gate, so your company installed an EPP/ EDR solution. But like most companies, you’ve already come across its shortcoming – and these are amplified since you have a small security team. More than
A scam cryptocurrency app on Apple’s app distribution service App Store has reportedly stolen $600,000 Bitcoin (BTC) from one iOS user. Cryptocurrency holder Phillipe Christodoulou fell victim to a scam app on the App Store, losing nearly all his life savings to a fake crypto wallet application, The Washington Post reports Tuesday. Christodoulou went on
Klaytn, the blockchain project of South Korean tech giant Kakao, has partnered up with NFT marketplace OpenSea to bring a non-fungible token market to its platform. Klaytn is a smart-contract platform developed by Kakao’s blockchain wing, Ground X, which will develop its own NFTs and offer them out on OpenSea by the end of June,
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