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MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million
26.2.2024
Billionaire Michael Saylor and his company, MicroStrategy, continue investing heavily in Bitcoin, adding another 3,000 coins for $155 million. As economic conditions continue to evolve, what does this mean for the future of Bitcoin and overall crypto markets?
The post MicroStrategy’s Michael...
Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
Polygon Spinoff Avail Secures $27M in Seed Funding From Founders Fund, Dragonfly
26.2.2024
Polygon spinoff Avail raised $27m in seed funding led by Peter Thiel’s Founders Fund and Dragonfly, the company announced Monday.
The post Polygon Spinoff Avail Secures $27M in Seed Funding From Founders Fund, Dragonfly appeared first on Cryptonews
$100 Million Cryptocurrency Scheme Uncovered in Myanmar – What’s Going On?
25.2.2024
Chainalysis has unveiled a new case of fraud involving a single company operating from a compound in Myanmar, which swindled a sum of over $100 million from victims in less than two years.
The post $100 Million Cryptocurrency Scheme Uncovered in Myanmar – What’s Going On? appeared first...
Alternative Ways for Coinbase Commerce to Support Native Bitcoin Payments
24.2.2024
Coinbase recently announced that it would be removing support for native Bitcoin (BTC) payments across its payment platform for merchants, Coinbase Commerce. The company’s head of product, Lauren Dowling, stated on her X account on February 18 that “customers were struggling with operational...
Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals
23.2.2024
Bitcoin mining operation Riot Platforms made over $280 million last year alone, the company's 2023 annual report released Thursday, February 22, reveals.
The post Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals appeared first on Cryptonews
After Palworld, Pokémon Needs To Come Out Swinging
23.2.2024
The annual Pokémon Day Presents showcase takes place this Tuesday, February 27 in celebration of the series’ anniversary. This is where The Pokémon Company typically announces its next big game, and offers updates on its various live service projects. It’s usually an exciting day, and it probably...
Concerns Raised as Scam-as-a-Service Provider Registers as UK Business Entity
23.2.2024
The team behind a crypto wallet draining scam-as-a-service has registered as a private business in the UK, according to a tweet yesterday by blockchain security company Certik. #CertiKSkynetAlert ???? CryptoGrab – provider of the Nova wallet drainer – recently registered as a private company in...
Palworld Continues To Grow As It Shoots Past 25 Million Players
22.2.2024
Hey, remember that little game Palworld? Well as of today, it’s surpassed a staggering 25 million players, all within about a month of its early access launch. That’s a lot of people shooting at or alongside their legally distinct “pals,” not Pokémon. Love it or hate it—or don’t get it all, like...
Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing
22.2.2024
Household social media platform Reddit will soon become the latest US public company to hold Bitcoin (BTC) and Ether (ETH).
The post Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing appeared first on Cryptonews
Oscar-Winner Shane Boris to Produce Crypto Film Funded by Arbitrum Foundation
22.2.2024
The foundation supporting Ethereum scaling solution Arbitrum is financing a feature film about crypto by Oscar winner Shane Norris. The film, dubbed “New Here” will be produced by crypto-friendly emerging media company Dpop studios. It will examine digital art from the perspective of...
Disney Movie Club Is Closing In Another Blow To Physical Media
20.2.2024
Securing physical copies of a number of Disney classics is about to get a lot harder. Disney has announced today that after 23 years of service, it will be shuttering the Disney Movie Club later this year. Disney Movie Club is a subscription service for diehard fans that, since 2001, has provided...
What To Expect From This Year's Pokémon Presents Stream
20.2.2024
It’s that time of year again, Pokémon fans. The Pokémon Company is hosting its annual Pokémon Day showcase, which will offer a glimpse into what fans can expect throughout 2024.Read more
Stormgate's Ex-Blizzard Devs Want Players To Invest In The Company
19.2.2024
As 2024's big bad—Late Stage Capitalism—continues its grim rampage, some developers are looking to more innovative approaches to avoid the publishing industry’s self-sabotaging need for impossibly endless growth. Stormgate creator Frost Giant—a studio created by former StarCraft 2 devs—is following...
Bitcoin Price Below $80,000 At Halving Could Trigger Miner Losses – Fidelity
16.2.2024
Fidelity Digital Assets speculates losses for some miners if the Bitcoin price remains under $80,000 after the upcoming halving in April. The company released its 2024 market outlook, highlighting the growth recorded so far in Bitcoin, the state of miners, and possible perspectives for the near...
Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst
15.2.2024
Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer...
MicroStrategy’s Bitcoin Holdings Now Worth Over $10 Billion
15.2.2024
MicroStrategy, the largest corporate owner of bitcoins, possesses over $10 billion worth of the cryptocurrency as of Thursday morning. According to MicroStrategy’s Q4 2023 Financial Results presentation, published on February 6, the company has made a profit of over $4 billion on its Bitcoin...
Rockwallet Steps in to Adopt Wyre’s Customers Following Shutdown
15.2.2024
According to the crypto payments company Wyre, based in San Francisco, which ceased operations in June 2023, the multi-currency self-custodial wallet platform Rockwallet has taken over Wyre’s entire customer base. On Thursday, Rockwallet announced it has been reaching out to customers...
Telefónica Partners with Chainlink to Enhance Web3 Security Through GSMA Open Gateway
15.2.2024
Spanish Telco company Telefonica has announced a partnership with Chainlink to provide secure connections for web3 smart contracts. In a recent press release, the company highlighted plans focused on GSMA Open Gateway API security with blockchain technology at the forefront. According to...
Over 1 Million Telegram Users Sign Up on NEAR Protocol’s Self-Custodial Wallet in 10 Days
15.2.2024
Over 1 million Telegram users have created wallets using HERE, the self-custodial wallet designed for the NEAR Protocol (NEAR), within a span of just 10 days. In a recent note shared with Cryptonews.com, NEAR said users had already created 300,000 wallets within the first 48 hours of its launch...