cryptocurrency

Intel on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. The chip will ship later this year and the first customers include Block, the Jack Dorsey-led firm that recently changed its name from Square to highlight its growing focus on the blockchain.Blockchains serve as public ledgers that keep records of transactions on a network of computers and have grown in prominence in recent years. Their rise has also triggered a buzz…

Stripe is testing a way for users to receive their payouts in cryptocurrency, starting with “a select group of creators on Twitter.” Creators who earn money through monetization features on the platform can now get their earnings in USD Coin (USDC) — a “stablecoin” cryptocurrency tied to the US dollar. Stripe is piloting the crypto payout option through the company’s payment processor, Stripe Connect, that customers can integrate into their online platform or marketplace. Crypto payouts will occur over the Polygon…

The official Twitter handle of the Uttar Pradesh Chief Minister's Office was hacked late Friday night, a senior officer said. He said the hackers sent out 400-500 tweets from the account."The account was hacked for around 29 minutes in the night. The hackers posted around 400-500 tweets, and the account was suspended on grounds of unnatural activity. Efforts are on to restore it," the official told PTI on Saturday.Uttar Pradesh Chief Minister Office's Twitter account hacked. pic.twitter.com/aRQyM3dqEk— ANI UP/Uttarakhand…

Meta is working on a Web version of its Horizon Worlds social metaverse platform, an executive teased on Thursday. The new development will expand the platform and take it beyond its existing form that works only with Quest VR headsets. Although the expansion is expected to make the virtual experience bigger and more accessible to people, Meta is facing criticism for its move to take a massive 47.5 percent cut from transactions taking place in the virtual world. This would, though, be significantly lower in case of the…

MuskMelon, a utility token developed on Binance Smart Chain and Ethereum, is the latest addition to the world of NFTs (Non-Fungible Tokens) and Gaming.The project presents an interesting storyline that describes MuskMelon, created by a multi-billionaire and influencer who is on a roll in the economic and emerging technology landscape. Melon has made a lot of people angry with his unpredictable mind, fickle attitude, and unrealistic plans and people are now seeking revenge on him. Melon has, however, created mini melons…

Epic Games raised $2 billion (roughly Rs. 15,200 crore) from Sony and the family-owned holding company behind the Lego Group on Monday, valuing the Fortnite creator at $31.5 billion (roughly Rs. 2,39,415 crore).Sony, an existing investor, and the Kirkbi investment company each invested $1 billion (roughly Rs. 7,600 crore), Epic said, with the fundraising to help advance a metaverse partnership the company had entered into with the Lego Group earlier this month to build a metaverse for kids.Metaverse is the latest buzzword…