Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
1.2.2024
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are collateralized by highly liquid...
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
1.2.2024
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene
Is Celestia About to Crash? TIA Price Drops 10% as Bitcoin Minetrix Surpasses $10 Million Milestone
1.2.2024
Celestia has barely moved in the past 24 hours, with the TIA price standing at $16.66 as the wider market suffers a 1% loss. TIA remains up by 8% in a week and by 23% in a month, with the layer-one token down by 17% since hitting an all-time high of $20.16 a couple of […]
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Is It Too Late to Buy Bittensor? TAO Price Keeps Rising as New Meme Coin Gains Popularity
1.2.2024
The TAO price has dropped by 4.5% in the past 24 hours, slipping to $434.98 after reaching an all-time high of $479 yesterday. Despite this fall, TAO remains on a strong upswing in the medium-term, up by 27% in a week and by 62% in the last 30 days, as interest in decentralized AI platforms...
EA eyes metaverse to boost sports game engagement!
1.2.2024
The Electronic Arts (EA) company plays an important role in the gaming industry. It extensively studies the top user-generated content themes and how they drive player engagement with its many sports games. In a recent conference with investors, EA CEO Andrew Wilson discussed his future plans...
Celsius' Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public
1.2.2024
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s)
Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis
1.2.2024
A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023
Web3 Gaming Company Saltwater Raises $5.5M Seed Funding
1.2.2024
Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive
Ethereum NFT collections outgrew ETH in January
1.2.2024
January marked a month of growth; however, it was mainly for NFT collections. While ETH gained ~2% in the previous month, some of the top NFT collections grew more. For instance, Nansen NFT-500 and Blue-Chip 10 registered a growth in their value of 9.35% and 9.76%, respectively. Reports are...
Long-Dormant ‘Sleeping Bitcoins’ Worth $35 Million Spring to Life on January’s Final Day
1.2.2024
On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $35.96 million. Originating from a handful of distinct addresses, 726 bitcoins were likely...
US Gets Serious About Tracking Crypto Mining Electricity Usage
1.2.2024
A US government agency responsible for managing energy-related data is going after crypto-mining companies over their power consumption. The Energy Information Administration (EIA) said on Wednesday that it will collect electricity consumption data from identified US-based crypto mining companies...
What Crypto Can Learn From the Internet’s Playbook
1.2.2024
The connection between crypto and the internet is rooted deep in the digital DNA that defines our modern era. A recent Architect Partners report delves into how the internet’s journey can offer valuable lessons for the development of crypto. It explores the maturation of emerging tech...