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Chiliz joins Atlético de Madrid to power the latter’s fan token
14.5.2024
Chiliz, the premier sports blockchain provider and developer of the Socios.com Fan Token platform, and Atlético de Madrid have extended their partnership to enhance the Atlético de Madrid Fan Token and broaden its accessibility to fans through an innovative integration with the club’s digital...
Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half
6.5.2024
The Philippines' securities regulator is set to unveil a regulatory framework for crypto assets and trading by the latter half of 2024.
The post Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half appeared first on Cryptonews
RockWallet Absorbs Crypto Payments Firm Wyre’s User Base in Post-Shutdown Move
15.2.2024
Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023....
Bummer: PS5 Entering 'The Latter Stage Of Its Life Cycle,' Sony Says
14.2.2024
Sony announced its third-quarter earnings on February 14, and they weren’t exactly full of glad tidings for PlayStation fans. For starters, the company revealed it doesn’t plan to release any new titles in its major franchises for the remainder of 2024. Sony execs also said that its current-gen...
Billionaire Peter Thiel’s VC Firm Bought BTC and ETH Worth $200 Million in Latter Half of 2023
13.2.2024
Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its price was still under $30,000. Founders Fund’s...
Cloned Assets: An Ideal Tool for Bringing Liquidity to Non-Native Tokens on Solana, Says Evan Deutsch
28.1.2024
According to Evan Deutsch, a core contributor and co-inventor of Clone, cloned assets, perpetual contracts, and bridged tokens are two tools that can bring liquid spot markets to non-native assets on Solana. Deutsch, who is better known as Mark to many in the crypto space, cautions that the latter...
Kick could eventually buy Twitch after the latter reports layoffs
11.1.2024
Twitch has announced that it will lay off 500 employees. That is 35% of the current workforce. While the precise reason is unknown at the moment, the community speculates that the move could be because of the growing competition from other players in the market. Lately, brands like Facebook...
Ethereum Price Pumps Above $2,300 While Meme Kombat Blasts Past $5m as Meme Coin Whales Buy Big
30.12.2023
Friday, December 28th, 2023 – Altcoins like Ethereum are hotting up and Meme Kombat is joining the party too, after raising more than $5 million to pass the 50% milestone in its ICO. As the new meme coin enters the latter half of its presale its fundraising run rate is accelerating as whales pile...
South Korean Biz Exec Bailed as ‘Bithumb Market Manipulation’ Probe Continues
28.12.2023
Source: Global Image Archive/Adobe A South Korean court has released a media mogul and business executive on bail as a probe into market manipulation and insider trading at the crypto exchange Bithumb continues. The executive, Won Young-sik, is the former CEO of Chorokbaem Group, the parent firm...
Insomniac Games Held for Ransom: Hackers Demand Over $2M in Bitcoin
13.12.2023
Source: Insomniac Games / Twitter The infamous Rhysida hacker group has attacked Insomniac Games, allegedly asking for 50 BTC in ransom. Insomniac Games is an American, California-based video game developer and part of PlayStation Studios. The latter is a division of Sony Interactive Entertainment....
Animoca Brands Now the Largest Validator on TON Network
29.11.2023
Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca...
China Links Digital Yuan to ‘World’s Biggest Commodities Market’
27.11.2023
Source: kitti/Adobe A state-owned Chinese bank will link the digital yuan to the “world’s biggest small commodities market” via the latter’s payment platform. Per the People’s Daily, the new “cross-border” CBDC drive is the brainchild of the Bank of China and the city of Yiwu. Not to be confused...
CME Bitcoin Futures Open Interest Climbs Past Binance, Indicating Growing Institutional Demand
10.11.2023
The open interest for bitcoin futures on the CME Group has outstripped that of Binance’s futures market, with the former reaching an open interest of $4.06 billion and the latter at $3.87 billion, as bitcoin’s value climbs to new peaks. CME Leads Bitcoin Futures Rally as Open Interest...
Render Network Moves From Ethereum to Solana Blockchain in Major Win – Where Next for SOL?
2.11.2023
3D content rendering platform Render Network has relocated from the Ethereum blockchain to Solana in order to benefit from the latter’s high throughput and lower transaction costs. As per an update in a blog posted to Medium, the Render Foundation said that it had successfully implemented...
Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates
22.10.2023
Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to the latter half of next year. Bank of America Boss...
Schiff Family Divide: Economic Doomsday vs. AI-Powered Prosperity
17.9.2023
While the gold bug and economist Peter Schiff insists the U.S. economy will experience a financial crisis of epic proportions, his son Spencer continues to espouse a diametrically opposed view of the future. Spencer Schiff is an ardent supporter of artificial intelligence (AI), and in recent times...
Accept the ‘Best and Final Offer’ or Face Legal Action Gemini’s Cameron Winklevoss Tells DCG Founder
5.7.2023
According to Cameron Winklevoss, the co-founder of the crypto exchange Gemini, a lawsuit will be filed on July 7 against Barry Silbert and the Digital Currency Group if the latter two fail to accept creditors’ “best and final offer.” Winklevoss also vowed to work with...
What is De-Dollarization? Exploring the Shift Away From the US Dollar’s Global Dominance
25.6.2023
From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mainstream media. This surge in attention can be attributed to the concerted efforts of BRICS countries such as Brazil, China, and Russia, who...
Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal
5.5.2023
According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval...
Bitcoin Could be in the Later Stages of the Bear Market, On-Chain Data Suggests
1.2.2023
Bitcoin has rallied 40% in the past 30 days, data shows