Heroes of Newerth debuted as a multiplayer online battle arena in 2010. In 2022, the once-popular MOBA game shut down. But death was a mere illusion. Today, Kongor Studios and Garena are announcing the return of the free-to-play title on the iGames Platform as Heroes of Newerth: Reborn. It will have a revamped engine, modern features and a tribute…Read More
BUSINESS
Essential principles to produce and consume data for AI acceleration
VB LAB INSIGHTS: This is a VB Lab Insights article presented by Capital One. AI offers transformative potential, but unlocking its value requires strong data management. AI builds on a solid data foundation that can iteratively improve, creating a flywheel effect between data and AI. This flywheel enables companies to build more customized, real-ti…Read More
Movement Labs Unveils Developer Mainnet Ahead of February’s Public Launch
Blockchain firm Movement Labs has deployed a developer mainnet to advance its goal of bringing Facebook (META)’s Move Virtual Machine (MoveVM) to Ethereum.
The developer mainnet’s launch will begin the deployment of Movement’s core infrastructure and allow selected partners to start implementing decentralized finance (DeFi) protocols, according to an emailed announcement on Tuesday.
The release follows the initial mainnet launch of Movement in December and precedes the planned public mainnet beta release next month.
Move was developed as a part of Facebook’s ill-fated digital currency project Diem, which was shelved at the start of 2022. The technology was however used to create the Sui and Aptos layer-1 networks.
Movement Labs, with the help of a $38 million Series A fundinground led by Polychain Capital, is extending the programming language to an Ethereum layer 2 for the first time.
Coinciding with the public mainnet’s deployment, Movement will also unveil a multi-asset liquidity program to provide the foundation for decentralized finance (DeFi) applications.
Read More: Movement Network’s MOVE Trades at $1.3B Market Cap Amid Airdrop
Housing market hits a key level not seen since 2009
Home builders are having a hard time finding buyers, and they’re upping discounts and perks in an attempt to sell more.
‘I made a huge mistake’: I bought a home with my elderly parents. They reneged on their promise to sell their house and repay me. What now?
“The agreement was that, as soon as they sold their home, they would refinance the mortgage.”
GM’s stock falls as carmaker signals that tariffs may impact its outlook
GM topped Wall Street’s fourth-quarter adjusted profit estimate as sales rose 11%, but the carmaker’s stock fell back.
CoinDesk 20 Performance Update: XRP Gains 6.6% as Index Trades Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3796.28, up 3.3% (+120.73) since 4 p.m. ET on Monday.
Seventeen of 20 assets are trading higher.
Leaders: XRP (+6.6%) and XLM (+5.3%).
Laggards: RENDER (-2.7%) and NEAR (-0.7%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.
Incention bridges Hollywood and AI with debut project by David S. Goyer on Story platform
Incention is launching a platform to bring AI and blockchain to Hollywood, and it is working with Hollywood writer David S. Goyer.Read More
Coinbase Receives Approval to Expand Services Into Argentina
Crypto exchange Coinbase (COIN) said it received regulatory approval to offer services to users in Argentina.
The company received a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV), it said in a blog post on Tuesday. The expansion is part of the exchange’s mission to increase economic freedom globally.
Roughly 5 million Argentinians use crypto on a daily basis, Coinbase said. Operations will be led by Matìas Alberti, who previously worked in the fintech field at Buenbit and Clara.
Coinbase shares were little changed at the start of Nasdaq trading. They have added 8% this year to $277.84 at press time, roughly tracking the price of bitcoin (BTC).