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- Circle Stock Gains 6%; UK Narrows Stablecoin Payment Rules
Author: Charlotte
Mir4’s headline achievements over five years — 24 million accounts, 40 million in-game characters created and more than 15,000 fortress wars — demonstrate the success of South Korean developer Wemade’s signature MMORPG franchise. In that context, the news that players have traded its character NFTs more than 40,000 times, which could be anything from 40,000 characters traded once or one character traded 40,000 times, looks relatively small fry. Nevertheless, blockchain has provided the game with concrete utility, allowing thousands of players to monetize their characters’ accumulated progress. If nothing else, it provides one of the clearer applications of digital ownership…
Abu Dhabi’s power demand is expected to double by 2050, driven by rapid expansion of the economy, population growth and digital infrastructure, according to a senior official. The emirate’s total installed capacity is projected to rise to 50 gigawatts from the current 25 gigawatts, with major investments planned in building utility infrastructure, Abdulaziz Alobaidli, director general for regulatory affairs at the Department of Energy, told The National.“In the coming decades, Abu Dhabi will invest more than Dh300 billion in utility infrastructure in generation, transmission and distribution. This is to cope with the demand growth alongside population growth, economic expansion, adoption…
Bitcoin has broken out of a six-week range with the most violent daily candle since early June. BTC opened at $64,686, ran to an intraday high of $69,749, and sits at $68,761, up 6.20% on the day.Bitcoin Price today in USDWhy Bitcoin Price up todayThe trigger came from the bond market, not from crypto. The US Treasury announced it will at least double the size of its long-dated buyback operations, from $2 billion to at least $4 billion per operation, starting 9 September. Long-end yields dropped immediately, the dollar weakened, and analysts nicknamed the move “QE Lite.”That mattered because $Bitcoin…
Outperforming the stock market in the United States is difficult. Using the S&P 500, the benchmark index of U.S. equities, as the standard of performance, only 27% of actively managed large-capitalization equity funds beat the passive benchmark over the 12-month period ending June 30. Over the decade ending in June, just 13% of actively managed stock funds beat the broad S&P 500 index.Management fees create an immediate hurdle. An S&P 500 index fund typically charges investors an annual fee of just 0.02% to 0.05%. An actively managed fund charges considerably more, often 0.5% to 1%. The active manager must overcome that difference every year just to match…
The National Film and Television School has partnered with Sidemen Entertainment to launch a new industry programme to prepare the next generation of producers for the rapidly converging worlds of television, streaming and creator-led entertainment. The NFTS x Sidemen Entertainment Unscripted Formats Programme will give every student on the NFTS’ one year Developing and Producing Unscripted Formats MA first-hand experience of the creator-led entertainment company. Through an industry day and a one-week work experience placement, every student will gain insight into digital formats and professional production. They will explore how ideas are developed, commissioned and delivered across different platforms,…
Dr. Manorama Bakshi and Dr. Arjun KumarIndia cannot claim first-world economic productivity while its citizens remain exposed to third-world, catastrophic medical bills. Healthcare shocks routinely force households to sell assets, take on debt and cut essential spending, trapping families in a cycle of poor health and financial insecurity. As India charts its path towards Viksit Bharat @2047, that contradiction has become impossible to ignore.Rajasthan has emerged as the country’s testing ground for a fix. Its own vision document, Viksit Rajasthan @2047, targets a $4.3 trillion economy with public welfare as its foremost pillar, and the state has already moved beyond…
Developers have lodged an appeal with the council after plans for 28 homes in Smeeton Westerby were rejected.Developers G S Land Limited, together with E M H Homes, have put forward the appeal after more than 200 people objected to the proposals. A field at the edge of Kibworth Beauchamp. Image: GoogleG S Land Limited submitted plans to Harborough District Council (HDC) for land at Smeeton Road, with all 28 homes set to be affordable.However, officers at HDC said the degree of harm from the development is “substantial” and is “not outweighed by the significant public benefits of the scheme”.There…
The FASB announced that the public comment period ends on 19 November 2026. Credit: Dave Hoeek/Shutterstock.com. The US Financial Accounting Standards Board (FASB) has released a draft Accounting Standards Update aimed at clarifying how existing cash equivalent definitions apply to certain digital assets including stablecoins. The initiative is part of a wider effort to improve transparency around the key components that make up cash equivalents. Access deeper industry intelligence Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise. Find out more Stakeholders have been invited to review and comment on the proposal by 19…
Mumbai, Aug 19: Gift Nifty futures suggest Indian equity benchmarks will open weak on Thursday. The Nifty 50 and Sensex will likely open at 9:15 am with a negative bias in early trades. Nifty’s near-month August 25 contract was trading 97.50 points or 0.4 per cent lower at 24,090 while the September 29 contract was down 97 points or 0.4 per cent at 24,197 in the latest trading session. Gift Nifty Intraday Analysis Gift Nifty today opened at 24,195 and rose to an intraday high of 24,221.5 before coming under sustained selling pressure. Prices fell sharply to a low…
Banks are not looking at tokenized deposits because blockchain suddenly became popular. They are looking because stablecoins proved there is real demand for money that moves outside traditional banking hours. As of July 2026, the stablecoin market is worth more than $300 billion. That did not happen because people suddenly became interested in blockchain infrastructure. It happened because stablecoins solved a real problem. They can move across borders, follow programmed rules and settle without waiting for a bank to open on Monday morning. Stablecoins also showed banks what happens when they wait too long to improve how deposit money works.…