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Big Investors Are Pushing up Valuations of Crypto Firms

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Venture capital firms and large investors are driving up the prices of crypto startups. Boutique investment firms and family offices are being elbowed out by big venture capital firms, private equity funds, and even some pension funds. VC Firms Driving Up Prices of Crypto Startups Cryptocurrency firms are seeing high valuations due to large investors entering the space, according to Henri Arslanian, Crypto Leader at professional accounting and financial services firm PWC, also known as Pricewaterhousecooper. In an interview with Bloomberg Thursday, the executive explained that boutique investment firms and…

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ETH Compatible BCH Sidechain Smartbch Successfully Launches Three Nodes

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The day before the fourth Bitcoin Cash anniversary, the Smart Bitcoin Cash team (Smartbch), announced the project has launched three nodes as genesis validators. Smartbch disclosed that Btc.com, Viabtc, and Matrixport are participating and the project has officially started its voting period. Smartbch Fires up Smart Chain’s Genesis Validators For quite some time now, the Bitcoin Cash (BCH) community has been patiently waiting on the development of the Smartbch project. The reason for this is because Smartbch could unlock massive potential between Ethereum (ETH) and Bitcoin Cash. The protocol could…

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The Ascent developers working to bring DLSS to PC version on Game Pass

Apparently, the Steam version of The Ascent and the PC version available through Game Pass are not the same. This is according to players of The Ascent on PC that noticed the Game Pass version does not support Nvidia’s DLSS and that ray tracing doesn’t work. Watch on YouTube Seems Neon Giant is on the case though, as it has…

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Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts

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The crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi Interest Accounts (BIAs). On July 30, Blockfi shared a statement on Twitter that explained the Kentucky Department of Financial Institutions (DFI) has sent the company an order that aims to ban new BIA accounts. Blockfi Now Has Problems With Regulators From 5 States The New York City-based cryptocurrency finance company Blockfi was founded in 2017 by co-founders Zac Prince and Lori Marquez. The firm is a cryptocurrency lending…

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Biden’s new mask guidance too little, too late for parts of the country, officials say

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A summer of freedom from lockdowns and face coverings is being punctuated by Centers for Disease Control and Prevention warnings to wear masks again. And officials in some states hardest hit by the Delta variant can already predict the public’s response. Health experts and local leaders in Alabama, Arkansas, Louisiana, Tennessee and Washington state told POLITICO they expect the latest warnings and recommendations will be brushed off by a crisis-weary public that’s been whipsawed for a year and a half by sometimes conflicting federal orders and scientific evidence. “The messaging…

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Ubisoft CEO responds to open letter from employees, but group says “few points seem to have been addressed”

Ubisoft CEO Yves Guillemot has responded to an open letter published by employees earlier this week, and his response hasn’t gone down as well as hoped with those who work at the company. Earlier this week, over 500 (now over 1,000) current and former Ubisoft staff members signed an open letter to the company, criticizing the French publisher’s failure to…

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Central Bank Governor: South Africa’s Digital Currency Study Ongoing

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South African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the feasibility of issuing a digital currency. In his remarks at the SARB’s annual general meeting, governor Kganyago suggested his organization has embarked on this study to keep abreast with the growing trend of central banks that are studying CBDCs. Retail CBDC In the past few years, several central banks including a few in Africa have similarly announced their CBDC studies. Already, the central banks of Ghana and Nigeria have both…

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DayZ creator Dean Hall delays space survival game Icarus to November

Dean Hall’s Icarus will not be released in August as originally planned. The space survival game Icarus, from the fella that brought you DayZ, will now be released in November. Watch on YouTube According to Hall, the game needs a “little bit more time to bake to be the most awesome.” An official statement from RocketWerkz, Hall’s studio, says that…

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Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar

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Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one wouldn’t lead to a sustainable future. The central bank official believes a digital dollar will have both international and domestic applications. US Fed’s Lael Brainard Can’t Wrap Head Around Not Issuing CBDC With other nations, most notably China, moving forward with their own digital currency projects, Lael Brainard, member of the U.S. Federal Reserve Board of Governors, has highlighted the urgency around the…

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Beware of Halo: Infinite spoilers floating around the Internet

Looks like there are some Halo: Infinite spoilers out in the wild. The first technical test for Halo: Infinite multiplayer is live for Halo Insiders, and along with being able to play against bots, something else was included in the test – something 343 Industries didn’t mean to include. Watch on YouTube That something is files related to the game’s…

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