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MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%
30.4.2024
Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday.
The post MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5% appeared first on Cryptonews
Web3 Gaming Startup GFAL Raises $3.2M in Funding Round Led by Supercell and Mitch Lasky
30.4.2024
Web3 video games startup GFAL “Games for a Living" has raised $3.2 million in a seed funding round led by the Finnish mobile game development company Supercell Ltd and Mitch Lasky.
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Tether Invests $200 Million in Blackrock Neurotech’s Neurological Disorder Solutions
29.4.2024
Tether, the issuer of the USDT stablecoin, made a $200 million investment in Blackrock Neurotech, a leading biotech company specializing in brain-computer interface (BCI) technology.
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Tether Buys $200M Majority Stake in Brain-Computer Interface Company Blackrock Neurotech
29.4.2024
The investment will fund the roll-out and commercialization of the company's medical devices
Stablecoin firm Tether invests $200M in neurotech company
29.4.2024
Tether’s brand new venture capital division Tether Evo has completed a $200 million strategic investment in the neural implant firm
Io.net CEO Details Recent Sybil Attack and New Security Measures
29.4.2024
Io.net CEO Ahmad Shadid provides a detailed postmortem of the recent Sybil attack and outlines the company's response to enhance network security, addressing vulnerabilities exposed by GPU spoofing.
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Verasity and Creo Engine Partner to Enhance Creo Play with Video Capabilities and Innovative Rewards
27.4.2024
Verasity, an ad-tech company and issuer of the $VRA token, has announced a new partnership with Creo Engine, a rapidly expanding web3 gaming platform, to integrate VeraViews’ video player functionality and in-game rewards into Creo Play's extensive gaming library.
The post Verasity and Creo Engine...
Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH
26.4.2024
NFT art collection, CryptoPunks, has sold another record breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X. It marks the latest high-value transaction for the digital art company after selling another rare...
Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH
26.4.2024
NFT art collection, CryptoPunks, has sold another record breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X. It marks the latest high-value transaction for the digital art company after selling another rare...
Palworld, As Told By Steam Reviews
25.4.2024
It’s been long enough that we can probably stop calling Palworld “Pokémon With Guns,” right? Pocketpair’s monster-taming survival game has amassed millions of players, all while remaining legally distinct enough that The Pokémon Company’s lawyers haven’t come after them. But the jokes about...
Coca-Cola Invests $1.1 Billion in Collaborative Generative AI Project with Microsoft
24.4.2024
On April 23, Coca-Cola and Microsoft signed a $1.1 billion five-year collaboration agreement to analyse and incorporate the tech company's cloud and artificial intelligence (AI) applications throughout the Coca-Cola giant's international operations.
The post Coca-Cola Invests $1.1 Billion...
Jack Dorsey’s Block Expands Bitcoin Mining Ambitions, Develops 3nm Mining Chip
24.4.2024
Jack Dorsey's payments company Block has shifted its focus from designing chips to developing a full Bitcoin mining system.
The post Jack Dorsey’s Block Expands Bitcoin Mining Ambitions, Develops 3nm Mining Chip appeared first on Cryptonews
Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation
23.4.2024
Two executives of the bitcoin mining rig maker Canaan intend to jointly purchase at least $2 million worth of company shares, claiming the company is "deeply undervalued," despite revenue decline.
The post Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation...
PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon Energy
23.4.2024
On April 22, PayPal announced a new initiative to support Bitcoin mining that uses less energy. The multinational payment company intends to use Bitcoin to compensate cryptocurrency miners that use renewable energy.
The post PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon...
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
23.4.2024
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate...
Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
23.4.2024
Venezuela's state-controlled oil company PDVSA intends to boost its use of digital currencies in crude oil and fuel exports, prompted by renewed US oil sanctions, Reuters reported on Monday.
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SafeMoon CEO John Karony Claims He’s “Innocent” Of Multi-Million Crypto Fraud Scheme
22.4.2024
SafeMoon CEO John Karony has taken to X (formerly Twitter) to defend his innocence after being charged by U.S. officials for his role in the company's alleged crypto fraud scheme. Karony's X post comes just months after his legal team withdrew earlier this year over a lack of funds.
The post...
Meet The Guy Who Spent $90K On One Of The Rarest Copies Of Castlevania In The World
19.4.2024
Tom Curtin had just secured the video game of his dreams: a factory sealed first run copy of Konami’s original 1986 Castlevania for NES with a rare hang tab on the back of the box. There are only six currently known to exist and Curtin, together with his childhood friend, paid just over $90,000...
Crypto Payments Firm Triple-A Includes PayPal’s Stablecoin in Payment Options for Customers
19.4.2024
Singapore-based payments company Triple-A has announced plans to integrate PayPal's stablecoin into its list of supported tokens for customer payments.
The post Crypto Payments Firm Triple-A Includes PayPal’s Stablecoin in Payment Options for Customers appeared first on Cryptonews
This Company Will Give You A Fortnite Batman Skin If You Generate Enough AI Porn
18.4.2024
Salad, a cloud computing and AI tech company, is renting high-end graphics cards found in gamers’ computers and using all that power to create AI-generated pornography. In return, the gamers who lend the company their GPUs are paid in Fortnite skins, Minecraft cosmetics, Roblox bux, and other...