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Upbit Operator Posts Record Profits, Eyes US Expansion


  The South Korean crypto exchange operator Dunamu is set to accrue a tax bill of a whopping KRW 1trn (USD 843m) following the most successful year yet for its Upbit trading platform. According to Donga, Dunamu posted cumulative operating profits of USD 2.2bn in the first three quarters of...

The Week In Games: Yay, More Shovel Knight


Shovel Knight might be everywhere, but I can’t be mad about it. The pixel art hero is back again in a brand new game. This time, however in Shovel knight Pocket Dungeon, the tough shovel-wielding warrior has to solve puzzles to proceed. I assume with a shovel, of course. Read more

Pak’s NFT Collection Breaks an Art Auction Price Record


  Popular digital artist Pak has sold some 250,000 non-fungible tokens (NFTs) for a total of USD 91.8m on the NFT marketplace Nifty Gateway - now considered to be the highest original price to be paid at an auction for the work of a living artist. The art collection, Merge, was sold between...

ETH Options Open Interest Reaches Record High as ETH/BTC Breaks Out


The aggregated open interest (OI) across exchanges in the ethereum (ETH) options market reached a record high on Wednesday of USD 7.76b, suggesting that more sophisticated traders are positioning themselves for major moves in the second largest cryptocurrency. The USD 7.76b figure was recorded...

NYC Real Estate to Record a Bitcoin-Exclusive Deal


Development and property management firm Magnum Real Estate Group is selling a set of retail condos in New York City for USD 29m exclusively in bitcoin (BTC), the latest sign that BTC is gaining wider adoption among various industries. The NYC property, located at 385 First Avenue in the upper...

US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years


U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....

MUNCH Hits Record-Breaking 1000 ETH Charity Donation Milestone


PRESS RELEASE. Charity donation project MUNCH announces the ground-breaking milestone of donating over 1000 ETH to various charitable projects, making MUNCH the world’s leading charitable crypto project. MUNCH is a Defi project that incorporates automatic donations into financial...

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