Business / Tech Sep 15, 2022
Ethereum completes long-awaited energy-saving ‘Merge’ upgrade
The blockchain network's energy consumption will decline by an estimated 99%.
Business / Tech Jun 27, 2022
A $2 trillion free fall rattles crypto to the core
What started in crypto markets as a "risk-off” bout of selling has exposed interconnectedness that resembles the tangle of derivatives that hit the global financial system in 2008.
Business / Tech Sep 30, 2021
Developers are making games for a Nintendo 4K console that doesn’t exist
The lack of a console with 4K technology risks alienating developers who have spent months tailoring their games to take advantage of upgraded hardware capabilities.
Business / Corporate Jul 16, 2021
Netflix’s plan to jump into video games puzzles Wall Street
Analysts say the company doesn’t have the infrastructure or the expertise to create or support top-tier games, and that such capability won’t be easy to build.
Business Mar 4, 2020
Facebook weighs Libra revamp to win over reluctant regulators
Facebook Inc. and its partners are considering re-designing the Libra cryptocurrency project so that the network accepts multiple coins, including those issued by central banks, in an effort to woo reluctant global regulators and rebuild momentum for the plan. When Facebook unveiled Libra, it said ...
Business Nov 28, 2019
Cryptocurrency exchanges across China halt services amid crackdown
China's latest crypto-crackdown is already claiming its first casualties. At least five local exchanges have halted operations or announced they will no longer serve domestic users this month, after regulators issued a series of warnings and notices as part of a cleanup of digital currency ...
Business | ANALYSIS Jun 19, 2019
Facebook wants its cryptocurrency to one day rival the greenback
Facebook Inc. unveiled plans for a new cryptocurrency Tuesday that the social media giant hopes will one day trade on a global scale much like the U.S. dollar. Called Libra, the new currency will launch as soon as next year and be what's known as ...
Business Mar 15, 2019
Tripling in value of Binance Coin, the cryptocurrency of the hour, echoes bitcoin's glory days
The cryptocurrency boom appears to be alive and well for Binance, the world's largest digital-asset exchange by trading volume. One of the hottest coins right now is the Malta-based exchange's eponymous token, Binance Coin, which has more than tripled in value in the last three ...
Business / Tech Apr 27, 2018
IBM ties up with Asahi Refining and others on blockchain tech to track jewels from mine to store
IBM Corp., a group of four gold and diamond industry companies, and an independent laboratory are developing a blockchain network for tracing the provenance of finished pieces of jewelry from mine to store. The TrustChain Initiative, which will run on IBM's technology, includes precious-metals refiner ...
Business Mar 21, 2017
Sending money overseas to get faster once banks pick winner among tech firms
In the quest for a faster and more traceable way to transfer money internationally, banks were gravitating a few years ago to Ripple, a platform backed by Silicon Valley luminaries and global financial institutions. Now it's gotten complicated. New options are surfacing that, like Ripple, ...