Minecraft Bans NFTs, Sending One In-Game Builder’s Token Spiraling

“To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not permitted to be integrated inside our client and server applications, nor may Minecraft in-game content such as worlds, skins, persona items, or other mods, be utilized by blockchain technology to create a scarce digital asset,” Minecraft studio Mojang said in a statement. Author: Eli Tan Source link

Blockchain.com cuts 25% of its workforce as bear market lengthens

Fin is an experienced editor with a focus on the frontlines of global business news and cutting-edge technological trends. He has published engaging interviews with leading industry figures from the likes of CBS, Rakuten, Spotify, and more. When not tapping away behind a laptop, he can be found researching and exploring the cryptocurrency and NFT markets. You can follow his Twitter @FinStrathern or connect with him at https://www.linkedin.com/in/finstrathern/. Cryptocurrency exchange Blockchain.com is cutting 25% of its workforce, equating to about 150 people, the firm has announced. The company cited the…

Institutional Insights: Our Approach to Crypto Financing | by Coinbase | Jul, 2022

Tl;dr: In recent weeks, some firms have struggled to remain solvent due to insufficient risk controls. See how Coinbase implements secure and comprehensive risk management practices that enable institutions to successfully navigate the cryptoeconomy. By Brett Tejpaul, Head of Coinbase Institutional, Matt Boyd, Head of Prime Finance, and Caroline Tarnok, Head of Credit and Market Risk The shocks to the crypto credit environment over the last few weeks are likely to be a major inflection point for the industry. Solvency concerns surrounding entities like Celsius, Three Arrows Capital (3AC), Voyager,…