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Justin Sun Buys Iconic Maurizio Cattelan Artwork ‘Comedian’ for $6.2 Million, Promises to Eat the Banana
21.11.2024
Justin Sun, the founder of TRON, has made headlines by acquiring Maurizio Cattelan’s iconic artwork “Comedian” for $6.2 million at a Sotheby’s auction. In a statement, Sun expressed his excitement, describing the piece as “not just an artwork; it represents a cultural...
Gemini Foundation Launches BOME, GOAT, MEW, PNUT, and POL Perpetual Contracts With Up to 100x Leverage
20.11.2024
The Gemini Foundation, a non-US derivatives platform operated by Gemini, has announced the addition of five new perpetual contracts to its trading platform, allowing users to trade BOME, GOAT, MEW, PNUT, and POL contracts with leverage of up to 100x. While these derivatives products are accessible...
Michael Saylor to Present Bitcoin Investment Proposal to Microsoft Board Amid Shareholder Vote
20.11.2024
Microstrategy Chairman Michael Saylor has agreed to deliver a three-minute presentation to Microsoft’s board of directors regarding the potential benefits of investing in bitcoin. During a recent X Spaces event hosted by Vaneck, Saylor revealed that he was approached by the National Center...
President Trump’s Media Company Reportedly Targets Bold All-Share Takeover of Crypto Exchange
19.11.2024
President Trump’s Trump Media and Technology Group (TMTG) is reportedly in advanced talks to acquire Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange (ICE), in a potential all-share takeover, according to a report by the FT. With TMTG’s equity valuation...
Metaplanet Secures Over $11M in Bonds to Boost Bitcoin Holdings
18.11.2024
Metaplanet, a company listed on the Tokyo Stock Exchange, has announced the issuance of about $11.31 million (¥1.75 billion) in one-year bonds with a 0.36% interest rate, with the proceeds earmarked for additional purchases of bitcoin (BTC). This strategic move underscores Metaplanet’s...
First European Presidential Candidate Joins the Global Race for Bitcoin With Call for a National Strategic Reserve
18.11.2024
In a bold move that echoes recent calls from the U.S. to establish a Strategic Bitcoin Reserve, Sławomir Mentzen, a presidential candidate, has proposed that his country create its own Strategic Bitcoin Reserve. In a recent social media post, Mentzen outlined his vision for transforming...
Bybit Rallies to Support Flood-Stricken Communities in Spain: A Commitment to Recovery
17.11.2024
Bybit has announced its commitment to assist communities affected by the catastrophic floods in Valencia and other regions of Spain, which have resulted in over 200 fatalities, thousands of displaced individuals, and extensive infrastructure damage. In partnership with the local non-profit...
Crypto.com Expands Offerings With Acquisition in Australia
17.11.2024
Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission. This move allows Crypto.com to broaden its financial product offerings, including derivatives...
Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments
14.11.2024
Coinbase is enhancing its onchain payments capabilities with the acquisition of the Utopia Labs team, which will join Base to advance the onchain payments roadmap within Coinbase Wallet. Jesse Pollak, who is stepping up to lead both Coinbase Wallet and Base, highlighted the synergy between the...
Revolut Launches Standalone Crypto Exchange Across Europe
14.11.2024
Revolut is expanding the international reach of its digital asset services with the rollout of Revolut X in 30 new countries across Europe. This expansion follows the standalone crypto platform’s launch in the UK in May, where it was designed to cater to both professional and retail crypto...
Sam Bankman-Fried Movie in the Works Based on Michael Lewis’s FTX Book
13.11.2024
Apple and A24 are in the early stages of developing a film adaptation of Michael Lewis’s book “Going Infinite: The Rise and Fall of a New Tycoon,” with Lena Dunham attached to write the script, Variety has reported. The film will co-develop and co-produce by Apple Studios and...
Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British Users
13.11.2024
Bitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets....
Wave of All-Time Highs Causes Trading Volume of Hong Kong Spot Bitcoin ETFs to Skyrocket
12.11.2024
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking...
Sam Altman Shares Optimism for Cryptocurrency’s Bright Future
12.11.2024
In a recent social media post, Openai CEO Sam Altman shared his optimistic outlook for the future of cryptocurrency, expressing confidence in the industry’s potential for growth and innovation. He emphasized the remarkable progress made at the blockchain ID company he co-founded, World...
Dogecoin Soars Over 80% to Become Sixth Most Valuable Cryptocurrency
11.11.2024
Dogecoin (DOGE) has surged to become the sixth most valuable cryptocurrency, experiencing an impressive 80% increase in just seven days. The popular meme-inspired digital currency has surpassed Ripple’s XRP and USDC, achieving a market capitalization of over $41 billion, with a staggering...
ENS Domains Unveils Namechain: A Layer 2 Solution for the Ethereum Ecosystem
11.11.2024
ENS Domains has announced the launch of Namechain, a purpose-built Layer 2 solution that marks a significant evolution in the Ethereum Name Service (ENS) ecosystem. This development is part of the broader ENS v2 initiative, aimed at reducing costs and enhancing performance for users. The team hopes...
Dutch Court Orders Binance to Disclose Account Information Tied to $200,000 Dating Scam
10.11.2024
A court in The Hague has ordered Binance to release the name and address of an account holder linked to a $200,000 (€186,000) dating scam, according to the Netherlands Times. The case involves a woman who was persuaded over the summer to invest in cryptocurrencies by someone she met on a dating...
Analyst: Stock-to-Flow Model Forecasts $500K per Bitcoin
10.11.2024
In a recent social media post, cryptocurrency analyst Plan B expressed optimism for Bitcoin’s future, stating that after the ETF fake-out earlier this year, the cryptocurrency is now poised for a significant upward movement. He highlighted that his Stock-to-Flow model predicts an average...
Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential Victory
7.11.2024
Iran’s currency, the rial, plummeted to an all-time low on Wednesday, trading at 703,000 rials to the dollar, following Donald Trump’s victory in the U.S. presidential election. This significant decline, which later slightly recovered, signals new economic challenges for Tehran amid ongoing...
Decentralized AI Platform Singularitynet Launches Self-Improving Bot in Minecraft
7.11.2024
Decentralized artificial intelligence (AI) platform Singularitynet has announced the launch of AIRIS (Autonomous Intelligent Reinforcement Inferred Symbolism) within the popular game Minecraft, in collaboration with the Artificial Superintelligence Alliance (ASI). According to the developers, AIRIS...