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Ex-Coinbase execs to launch exchange using PayPal stablecoin for settlement

Founders who used to work at Coinbase, Circle and Goldman Sachs teamed up to create an exchange that will use PayPal USD as its main settlement currency.

A team of former Coinbase executives will launch a digital asset exchange using PayPal’s stablecoin as its form of settlement.

On Sept. 18, True Markets unveiled TrueX, a crypto platform advertised as a “non-custodial, stablecoin-native exchange.” The platform secured $9 million in seed funding from investors like Paxos, Solana Foundation, Aptos and many others.

In a press release, the platform announced it’s working with the PayPal USD
PYUSD

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$1.00

stablecoin issuer Paxos to utilize PYUSD as the platform’s default settlement currency. PYUSD is one of the biggest cryptocurrencies in the crypto space, with a market capitalization of over $730 million.

Stablecoins are types of crypto that offer price stability by being backed by specific assets or algorithms.

In the case of PYUSD, it’s backed one-to-one by the United States dollar.

Former Coinbase execs team up on new exchange
Before founding TrueX, Vishal Gupta was the head of exchange at the trading platform Coinbase. He also worked as the head of USD Coin
USDC

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$1.00

at Circle, overseeing the launch and growth of the popular stablecoin.

Meanwhile, Patrick McCreary, who founded TrueX with Gupta, previously worked as a senior staff engineer at Coinbase. The executive was one of the technical leaders and key architects of Coinbase’s International Exchange. Both executives also held senior roles at Goldman Sachs.

Gupta claims they saw opportunities to make exchanges “safer and more trusted.” He said:

“Clients now demand the security of true segregation of execution and custody. Our team has worked diligently to meet these needs, leveraging the power of stablecoins to facilitate efficient liquidity and settlement solutions.”
The TrueX exchange will reportedly open for US-based institutions first and some international organizations.

Institutions continue to jump into Web3
Infrastructures supporting the onboarding of institutions into the Web3 space continue to sprout across the globe.

On Sept. 17, Singapore’s DBS Bank announced it would start offering crypto options and structured notes to institutional investors in the fourth quarter of 2024.

DBS said that institutions that want exposure to Bitcoin
BTC

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$60,046

and Ether
ETH

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$2,313

can do so through this offering. Professional traders can hedge their positions against market volatility using different options structures.

Categories
Design Interior Lifestyle Mobile and Phones Street fashion Technology Vogue

Why are Mobile Games so Popular?

The increased accessibility of smart gadgets, particularly smartphones, has catapulted mobile gaming into the stratosphere and we can confidently say that playing video games as one of the world’s most widely embraced hobbies.

It is expected to continue its ascent, with the number of global smartphone users expected to hit 4.5 billion by 2024 (according to Newzoo).

A couple of days ago, together with an amazing group of experts, Esports Awards invited me to participate in a panel discussion to talk about the current state of mobile gaming and esports. One of the first questions that we addressed was:

“Why are mobile games so popular?” I was thinking about our discussions, and I thought it would be a good idea to elaborate further; so I decided to write an article capturing some of the points we discussed and a few of my personal views.

Several factors have contributed to the meteoric rise in popularity of mobile gaming. Why is this the case? Well, let’s start with the fact that these games can be purchased for a lower price than games for home video game systems.

Simply put, mobile gaming is a social pastime that doesn’t break the bank, and the best thing is that there is a mobile game for everyone, from casual players to serious gamers.

The development of mobile devices has made incredible strides in the past decade and sophisticated mobile technology is now affordable.

The most cutting-edge features and improvements in mobile hardware development, such as 4G/5G, Wi-Fi standards, more efficient hardware, etc. have trickled down to more reasonably priced smartphones and tablets.

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Design Fashion Gadgets Interior Mobile and Phones Street fashion Technology

Prevalence and underlying factors of mobile game addiction among university students in Bangladesh

Background
Nowadays, the youth are more engaging with their more advanced smartphones having high-quality graphics and gaming features. However, existing literature depicts that adolescents suffer from several forms of psychological problems including mental health,

depression, loneliness, insomnia and low self-control due to mobile game addiction. Therefore, this study aims to find the prevalence and motivating factors for mobile game addiction among university students of Bangladesh.

Methods
A cross-sectional survey was carried out to collect the required information from 1125 students of three universities in Bangladesh. Descriptive statistics, χ2 test and ordinal regression model are employed to meet the objective of this study.

Design and procedure
The online survey was conducted among 1125 respondents from the selected three universities in Bangladesh. In this current pandemic situation, it is not feasible to do a face-to-face survey and that is why the data are collected online via the link of the designed google form.

Prior to participating in this survey, the authors inform the respondents about the purpose of this study and ensure that the information they provide would be kept confidential and oral consent is taken.

Respondents who gave consent to participate in this survey were then sent a link to the questionnaire and accompanying instructions to complete it. Despite the fact that this research is not related to human trials, it was carried out in accordance with the Declaration of Helsinki ethical standard. The survey was conducted over a 1-month period from 23 October 2020 to 27 November 2020.

Statistical methods
Quantitative research approach was applied in this explorative study. The cross-tabulation was carried out for descriptive analysis along with the χ2 test and Goodman and Kruskal’s γ (G) (Goodman and Kruskal, Reference Goodman and Kruskal1954),

for making comparisons among variables and ascertain the significant relationship between the considered variables and the level of mobile game addiction. Cronbach’s α has been reported to check the internal consistency of the variables in this study.

Here, the reliability of the data was checked using Cronbach’s α developed by Lee Cronbach in 1951 (Cronbach, Reference Cronbach1951) which lies between 0 and 1 and the value close to 1 provides more reliability (Nunnally and Bernstein, Reference Nunnally and Bernstein1994). The acceptable value of Cronbach’s α is 0.70 (Nunnally, Reference Nunnally1978;

Zikmund, Reference Zikmund1999). The Cronbach’s α can be defined as , where K is the number of components (K items), is the average variance of each component (item) and is the average of all covariances between the components across the current sample of persons, that is, without including the variances of each component.

Finally, as the outcome variable is classified according to their order of magnitude, ordinal logistic regression (OLR) analysis has been conducted to examine the influences of targeted variable on mobile game addiction. Let Y be an ordinal outcome with jcategories. Then P(Y ≤ j) is the cumulative probability of Yless than or equal to a

specific category j = 1, 2, …, J − 1. The odds of being less than or equal to a particular category can be defined as, P(Y ≤ j)/P(Y > j) for j = 1, 2, …, J − 1 since P(Y > J) = 0 and dividing by zero is undefined. The log odds is also known as the logit, so that log (P(Y ≤ j)/P(Y > j)) = logit(P(Y ≤ j). The general form of the OLR model can be written as,

where, logit() is the link function, θ j is the threshold for the jth category, p is the number of regression coefficients, X i1, X i2, …, X ip are the values of the predictors for the ith case and β 1, β 2, …, β p are regression coefficients (McCullagh and Nelder, Reference McCullagh and Nelder1989; Harrell, Reference Harrell2015).

In OLR, several link functions, i.e. cauchit, complementary , logit, negative and probit were used in several research (Liao, Reference Liao1994; Javali and Pandit, Reference Javali and Pandit2010;

Agresti, Reference Agresti2013; Fernández-Navarro, Reference Fernández-Navarro2017; Smith et al., Reference Smith, Walker and Mckenna2019; Singh et al.,

Reference Singh, Dwivedi and Deo2020). Among these link functions, negative log-log ( − log ( − log (y))) has been used in this study since lower categories are more probable to building up model. For better understanding and interpretations, odds ratio has also been calculated. All the analyses were performed using SPSS 25.

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Apps for pc Design Fashion Vogue

Analysis of Students’ Preferences and Engagement with Mobile Games: A Study of Game Assets and Colour Impact

1.Abstract

Mobile games are gaining in popularity among students, although the factors driving engagement remain poorly understood. This study, conducted among 378 students studying for a Bachelor’s degree in Computer and Digital Sciences at the Université Virtuelle de Côte d’Ivoire, explores the influence of game assets and colours on player engagement. Using an online questionnaire, the study identified students’ gaming preferences and their perception of colours.

The results show that the key elements most favoured by students are graphics, sound design, the game system, narrative, interactivity and accessibility. What’s more, colour plays a decisive role in their preferences and commitment to educational mobile games.

2. State of the Art

Player engagement is a complex concept that has been studied by many researchers [3] [4] [5] [6] . There is no single definition of player engagement, but it is generally defined as the degree to which a player is involved in a game.

Player engagement can be measured by a number of variables, such as time spent playing, number of play sessions, degree of emotional investment and level of satisfaction [4] . Numerous studies have been conducted on gamer engagement [5] . Some studies have examined the factors that contribute to gamer engagement, while others have looked at the consequences of gamer engagement [6] .

3. Game Assets

Game assets are the elements that make up a video game, such as graphics, sound, animations, scripts, user interfaces and so on. They are essential to the creation of an immersive and engaging video game [7] .

4. Colours and Their Impact

Colours are an essential component of human perception [10] . They can have a significant impact on our emotions, thoughts and behaviour.

5. The Method

A survey was carried out among 378 second-year students enrolled in the Computer Science and Digital Science degree program at the Ivory Coast Virtual University.

The students were asked to complete an online questionnaire that gathered information about their gaming habits and preferences, as well as their perception of colors in games.

Categories
Design Fashion Lifestyle Technology Vogue

Top 10 PUBG Players in World

PUBG ranked as the most popular game in 2022. The game has been popular all around the globe. The pandemic gave this game’s popularity a boost. During lockdown, a lot of people downloaded PUBG because it was one of the few ways to socialize and take part in a fun activity.

Unlike other games, PUBG doesn’t need you to own a PlayStation or Xbox, you don’t have to pay money to buy this game or anything, which was another reason why it shot up in popularity. PUBG’s popularity gave us a new type of sporting event – Esports.

Unlike normal sports where players are physically on the playground, Esports takes place virtually. This is a relatively new sports event but has become extremely popular in a short amount of time. It has given a lot of great Esports players, most of whom are extremely young and in school.

Top 10 PUBG Players in the World

10. Jake ‘Snakers’ Winant

9. D1GG3R1

8. BATULINS

7. TeaBone

6. Inonix

5. GODV

4. TAIKONN

3. PIO

2. TGLTN

1. ZPYAN1

Conclusion
The future of the Esport industry seems bright. It might be the next big thing. The lockdowns and pandemic has popularised the Esport Industry and what used to be pastime for teenagers once, where they would hang out and socialise, could very well become a full time job for the coming generations.

A lot more games have started organising Esport events and the Esport gaming industry is blooming in real time. With national teams of many countries being formed, Esport might soon become a mainstream Sport.