Aurelia Butler

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    Brendan Greene To Integrate NFTs and Metaverse in Next Game

    Brendan Greene, the creator of PUBG, has plans to release a new game that will be supported by Blockchain, NFT, and Metaverse. In the next game, which is going to be named Artemis, players will be able to construct and play almost anything in an open-world setting that is equivalent to the size of the Earth.Speaking on the topic, Greene said:Players and programmers alike will benefit from the new possibilities and experiences made possible by games powered by the blockchain, says Greene. Non-Fungible Tokens (NFTs) and the Metaverse promise to usher in an exciting new era of digital commerce with their innovative in-game features, products, and tokens. In addition, the developers will make games that are unlike anything else out there, according to Greene.The PUBG creator went on to say that although making money is not the point of Artemis, players and content producers will have the ability to earn money from their work. As it will be open-source, the game engine will enable any player to contribute modifications to the game.“I’m just going to do what I’m going to do. But it doesn’t matter if it’s called the metaverse. I don’t care what people want to call it,” Greene said. Additionally, he added: “ The only way [Artemis] can exist is if it’s made for everyone.”The post Brendan Greene To Integrate NFTs and Metaverse in Next Game appeared first on Coin Edition.See original on CoinEdition More

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    Binance Launches Global Law Enforcement Training Program

    Today, Binance announced that they have formally unveiled Binance’s Global Law Enforcement Training Program. This is the crypto industry’s first global coordinated effort to help law enforcement detect financial and cyber crimes and assist in the prosecution of bad actors who exploit digital assets.Over the past year, the Binance Investigations team has conducted and participated in more than 30 workshops on countering cyber and financial crime.The largest crypto exchange platform has engaged with law enforcement officers in Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the UK, among others.According to the Global Head of Intelligence and Investigations of Binance, Tigran Gambaryan:World-class practitioners will lead the training program from the Binance Investigations team. The trainers from the Binance Investigations team have experience as analysts and operatives who have helped take down some of the world’s largest criminal platforms, such as Silkroad and Hydra.The standard one-day training program will include workshops on the fundamental concepts of blockchain and crypto assets, as well as insights into the evolving legal and regulatory environment.Binance’s anti-money laundering (AML) policies and the investigative methods developed by the company to detect and prevent criminal behavior will also be discussed in detail.Since last year, the Binance Investigations team has responded to more than 27,000 law enforcement requests with an average of three days’ response time, making it faster than any traditional financial institution.The post Binance Launches Global Law Enforcement Training Program appeared first on Coin Edition.See original on CoinEdition More

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    Tata Motors launches $10,000 electric car in India to further its lead

    NEW DELHI (Reuters) -Tata Motors launched India’s lowest priced electric car at a little over $10,000 on Wednesday as the country’s only electric vehicle (EV) maker looks to draw in more buyers.Tata leads India’s EV market, helped by government subsidies and high tariffs on imports.Its move comes as domestic rival Mahindra & Mahindra is in talks with investors to raise up to $500 million for its EV unit and plans to launch its first electric sport-utility vehicle (SUV) in January.Tata’s Tiago EV, an electric version of its popular Tiago hatchback, will have a sticker price starting from 849,000 rupees ($10,370). The bulk of cars sold in India, the world’s fourth-largest car market, are priced below $15,000.That is much cheaper than India’s next most affordable EV – the electric version of Tata’s Tigor compact sedan which starts at around $14,940. China, however, has some EV models that start as low as 32,800 yuan ($4,525).The Tiago EV’s operating cost is expected to be about a seventh of the gasoline version, making it a “compelling proposition”, said Shailesh Chandra, managing director of Tata Motors (NYSE:TTM) Passenger Vehicles and its EV subsidiary.”We are not chasing to be the lowest cost,” said Chandra, adding the aim was to pack in connected car features and other advanced technologies while keeping the price accessible.Chandra said the car’s “disruptive” pricing would open new opportunities and markets for Tata in smaller towns and cities, where buyers tend to be more price-conscious.Tata, India’s third-largest carmaker, last year raised $1 billion from TPG for its EV unit at a $9.1 billion valuation, and has outlined plans to launch 10 electric models by March 2026. India’s car market is tiny compared to its population, with electric models making up just 1% of total car sales of about 3 million a year, but the government wants to grow this to 30% by 2030.The cheapest version of the Tiago EV – Tata’s third electric car – will have a driving range of 250 kilometres (155 miles) on a single charge, while a more expensive version will offer a range of 315 km. Chandra said data from existing Tata EV owners showed average daily use of about 50 km, which prompted the company to provide a shorter driving range to keep the price down.”There’s always a challenge of how we strike the right price,” Chandra said, adding the current sticker price was only for the first 10,000 buyers. More

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    Ryanair says no hit to UK bookings yet in wake of sterling fall

    DUBLIN (Reuters) -Ryanair has not seen any impact on bookings in the United Kingdom in the wake of the recent fall in the value of the pound and increase in domestic mortgage rates, but the market is likely to be challenging, a senior executive said. “We’re not currently seeing an impact, but it would be foolish not to say that if interest rates are heading up and household bills are heading up, you’re going to have less money spent,” said Eddie Wilson, chief executive at Ryanair DAC, the largest airline in the Ryanair Group, in an interview.”The UK is going to be challenging but we have more options and we are better planned than our competitors,” said Wilson, whose airline is one of the largest operators in the United Kingdom by passenger numbers. Ryanair often gains passengers from higher-cost rivals during economic downturns, he added.Economists have warned that British consumers are likely to face a further hike in borrowing costs and the price of imported goods following the pound’s plunge against the dollar after deep tax cuts and deregulation by new finance minister Kwasi Kwarteng.Economist Julian Jessop warned on Wednesday that Britain’s economy could end up in a “doom loop” of a falling currency and rising interest rates.Wilson said he thought that competitors in the UK market might reduce capacity further as a result of the economic turmoil, and also refused to rule out Ryanair shifting capacity out of the country. “That’s not anything that’s on the horizon, but we always have the ability to do that,” he said.Unlike UK rivals, much of Ryanair’s income is denominated in euros and the airline has hedged much of its dollar exposure for aircraft and fuel purchases, Wilson said. Wilson declined to comment on the airline’s profit outlook for the year, other than saying that a trend in recent months towards closer-in bookings made it hard to make accurate forecasts. More

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    Pro sports league Karate Combat to launch DAO for fan, athlete governance

    Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. Holders of Karate Combat’s in-house governance token, KARATE, will get to vote on various decisions, which include determining the league’s budget, resource allocation, supplier selection, marketing strategy and rule changes. Continue Reading on Coin Telegraph More

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    U.S. new vehicle sales to increase on strong demand – report

    Customers have been unaffected by higher vehicle prices and lack of incentives or discounts from automakers, who have been taking advantage of strong demand and tight inventory.”Transaction prices still rose and consumers spent more money on new vehicles this month,” said Thomas King, president of the data and analytics division at J.D. Power, adding auto sales are yet to see an impact from the ongoing monetary policy tightening by the U.S. Federal Reserve to curb inflation. Retail sales of new vehicles this month are expected to reach 958,948 units, a 5.4% increase from September 2021.September seasonally adjusted annualized rate for total new vehicle sales is expected to be 13.6 million units, up 1.5 million units from 2021, the report showed.The report, however, said that the per unit pricing and profitability may see deterioration in the coming quarters as broader macro economic conditions affect demand and pressure affordability. New-vehicle retail sales for the third quarter are projected to reach 2,900,300 units, a 4.2% decrease from 2021 when adjusted for selling days. More

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    As Crypto Market Drops by 6%, QNT Trade Volume Rises by 245%

    The cryptocurrency market saw a rebound yesterday as Bitcoin (BTC) traded above the $20,000 price point. However, the recovery was short-lived as most currencies experienced a dramatic decline today, sending them back into the red.According to data from CoinMarketCap, the market tracking site, the global crypto market cap is at $912 billion, down by 6.17% in the last 24 hours. The prices of all significant cryptocurrency tokens, including BTC, Ethereum (ETH), Solana (SOL), and Polkadot, are down by around 7%.Of all the top ten cryptocurrencies, Ripple (XRP) has been the worst-performing coin during the previous 24 hours, having shredded 12.5% of its value. Although, on a seven-day scale, XRP appears to be the best of the top ten, with a 6.82% increase.Amidst the unfavorable market, the native token of the Quant Network (QNT) gained 20.25% against BTC and ETH in the last 24 hours. Its overall trade volume for the same period went up by 245.35%, bringing its value to $137.76 and its market cap to $1,663,121,971.Macro investor Emanuel Hernandez argued that “it took Bitcoin four years to reach one billion in market cap,” with a series of regulatory battles. In comparison, he claimed QNT reached one billion in two and a half years “and continues to show strength in its adoption.”Hernandez further asserted that QNT would be worth over $20,000 in three years if it moved at an equal pace as Bitcoin did back in 2013-2017.The post As Crypto Market Drops by 6%, QNT Trade Volume Rises by 245% appeared first on Coin Edition.See original on CoinEdition More

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    Cardano’s Charles Hoskinson Mocks Do Kwon on Twitter

    On Twitter, Charles Hoskinson, who was involved in the creation of both Cardano and Ethereum, has poked fun at Terra’s Do Kwon. Hoskinson referenced a tweet sent out by the latter along with a meme that made fun of his assertions that he is not “on the run” or anything similar.Although South Korean prosecutors have said that they have acquired an international arrest order for Terraform Labs’ founder and CEO Do Kwon, Kwon maintains that he is not on the run from the law.Furthermore, Interpol has issued a red notice for Do Kwon, soliciting that law enforcement agencies all over the world search for and arrest the founder of Terraform Labs, a cryptocurrency project that failed earlier this year.Kwon also said that he does not see his name on the “Red Notice” list that is maintained by Interpol. Although, these notices are not always made available to the public by the agency.In addition, the authorities in South Korea have asked the cryptocurrency exchanges OKX and Kucoin to put a hold on 3,313 Bitcoin (BTC) that are apparently connected to Do Kwon.According to Cryptoquant, a new Bitcoin wallet with the name Luna Foundation Guard (LFG) was established, and after that, a sum of 3,313 Bitcoins was sent to the exchanges run by KuCoin and OKX. Kwon, however, insists that he hasn’t used OKX in a year and that it is all a rumor.The post Cardano’s Charles Hoskinson Mocks Do Kwon on Twitter appeared first on Coin Edition.See original on CoinEdition More