The economic output of the virtual economy is equal to Bulgaria’s GDP.Image: Shutterstock In brief: L’Atelier, part of the BNP Paribas Group, has published a report on the job opportunities within the “virtual economy.” The sector now has 2.5 billion users, and a $100 billion market of gaming platforms and virtual worlds.L’Atelier predicted further rapid…

Supercomputers turn superminers for crypto crims. The discovery of cryptomining operations has forced supercomputing clusters across the world offline in an incident that exposes the poor security of some of the world’s most powerful research machines. The incident appears to have involved cybercriminals distributing malware by taking advantage of compromised SSH credentials (SSH is a…

With the current COVID-19 crisis, and unprecedented monetary and stimulus response, many investors have turned their attention towards hard assets such as bitcoin and gold.Over the last twelve months since April 2019 the price of gold is up approximately 35%.Given the current financial uncertainty many analysts are forecasting that gold will set a new all-time…

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Cryptocurrencies appeal to family offices because their value is immune to misguided government policies which lead to inflation and economic disruption. Others are now hoping to turn the technology to their own advantage.Regulators across the world are coming to terms with the asset class.The rollout of a Chinese digital currency is imminent.Facebook is pushing a…

Reddit Inc., the often controversial website and discussion platform that is a favorite of many cryptocurrency enthusiasts, is launching its own digital token. Through the summer, users of two Reddit subgroups familiar with digital coins, including the 1 million-member r/CryptoCurrency, will be able to earn tokens for things like posting a comment.The currency can be…

Home Coinbase Buzzy Ethereum wallet app Argent comes out of stealth – TechCrunch Buzzy Ethereum wallet app Argent comes out of stealth – TechCrunch May 18, 2020 admin Coinbase 0 Argent is launching the first public version of its Ethereum wallet for iOS and Android.The company has been available as a limited beta for a…

Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX). “While DEXs offer significant improvements over CEXs [centralized exchanges] in terms of safety of funds and transparency, there is typically a painful trade-off on transaction speed,” Synthetix CEO Kain Warwick told…