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Binance Invests USD 200M in Forbes


  Major crypto exchange Binance has made a USD 200m strategic investment into the global media company Forbes.  The news was announced today by Forbes and publicly traded special purpose acquisition company Magnum Opus Acquisition Limited.  Per the announcement,... Read More: Binance Invests...

AssangeDAO Wins the Bid for Pak's Clock NFT for USD 53M


  AssangeDAO, a decentralized autonomous organization (DAO) consisting of "cypherpunks" fighting for the liberation of incarcerated WikiLeaks founder Julian Assange, has won the bid for the Clock NFT, which was created by digital artist Pak in collaboration with Assange. The DAO used...

Binance Labs Invests $1.5 Million in GAMEE


Binance Labs, Binance’s venture capital arm and incubator, has revealed a new strategic investment of $1.5 million in GAMEE, Animoca Brands’ play & earn mobile gaming platform subsidiary. These really are significant developments both for Arc8 as well as G-Bots, the GMEE-powered...

Bitcoin’s Current Fair Price Is Around USD 38,000 - JPMorgan


  US investment bank JPMorgan estimates that the “fair value” of bitcoin (BTC) is around USD 38,000, basing its valuation on the crypto’s volatility in comparison with gold. The estimate, developed by a team of strategists led by Nikolaos Panigirtzoglou, was published yesterday in a note,...

US Arrests Two Suspects in Bitfinex Bitcoin Hack, Seize USD 3.6B in Crypto


  Two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, presently valued at approximately USD 4.5bn, the US Department of Justice said.   According to them, thus far, law enforcement has seized...

Russia Plans Up To USD 13.3B In Crypto Taxes


  Amid ongoing talks on new crypto regulation, the Russian government reportedly estimates that, if the country introduces regulations for the crypto market and imposes a tax on transactions that involve cryptoassets, it could generate as much as RUB 1tn (USD 13.3bn) in revenue for the state...

Aleo Raises $200M in Series B to Expand Blockchain Platform


Aleo, a top platform for developing corporate blockchain-based apps, has raised $200 million in a Series B funding led by SoftBank Vision Fund 2 and Kora Management LP, with involvement from Slow Ventures, Tiger Global, Sea Capital, Andreessen Horowitz (a16z), Samsung Next, resulting in a $1.45...

Brace for Green February, Kraken Tells Bitcoin Hodlers as BTC Tests USD 45K


  Despite January being the historically worst performing month for bitcoin (BTC), the coin’s -19% return for the month this year “did not live up to expectations,” crypto exchange Kraken said. But if history is a guide, February should be better for BTC investors, with average returns of +17%...

Bitcoin Climbs Above USD 43K, Analysts See a Bull Long-term Too


  While bitcoin (BTC), ethereum (ETH), and most of the broader crypto market rose higher in price today, a number of researchers and analysts are arguing that the crypto market may be bottoming out and that it could be in for a bullish ride later in the year, prompted by a number of possible...

Tesla Reports USD 101M of Impairment Loss from Bitcoin Investments in 2021


  Electric car manufacturer Tesla saw some USD 101m of impairment losses in 2021 as a result of bitcoin (BTC) price changes and therefore in the value of the company’s BTC holdings. This was disclosed in a filing with the US Securities and Exchange Commission (SEC) for the previous fiscal year...

Shiba Inu Surges 22% in Last 24 Hours; Will SHIB Continue Upto $0.000033?


Shiba Inu is a famous meme coin along with Dogecoin. SHIB rose 22% in the last 24 hours. Before diving into the price chart and analysis, let’s find out what Shiba Inu is and why it is different from its competitor Dogecoin. Shiba Inu is an ERC-20 token created by Ryoshi. It is a decentralized...

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