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The release of Overworld Arena by Xterio marks a significant milestone in the world of decentralized gaming. This mini-game is designed for browser play, allowing players to engage in PVP betting without requiring NFTs. The innovative approach of Overworld Arena showcases the potential of blockchain technology to elevate accessibility and involvement in the gaming industry.
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Core Scientific, a key player in North America’s digital infrastructure sector, recently announced a game-changing strategic partnership with CoreWeave, an AI Hyperscaler. This partnership entails a series of long-term contracts spanning over a remarkable 12-year period. The collaboration involves Core Scientific providing approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing (HPC) operations. It
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The Stand With Crypto movement has gained significant traction in recent times, with over one million people joining as advocates for the industry. This surge in membership was largely in response to a Whitehouse veto threat and the subsequent bipartisan wins in the House and Senate. The movement prides itself on being non-partisan and has
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Lately, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been experiencing some significant price movements. Traders and investors are closely watching as the price of ETH has fallen below the 4-hour Simple Moving Average (SMA). This technical development is crucial as it can indicate a shift in market sentiment from bullish to bearish. Analysis
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The recent drop in Bitcoin’s price, plunging from $72,000 to $68,500 in just minutes, has left many investors puzzled. Despite the continuous inflows into US-based ETFs, the cryptocurrency took a sharp downturn. The approval of Bitcoin ETFs by the US Securities and Exchange Commission earlier this year was believed to be a game-changer for the
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Ripple’s XRP has been hovering around the $0.52 mark recently, leading some analysts to believe that a potential rise to $0.70 could be on the horizon this summer. DustyBC Crypto has pointed out the progress of XRP on a yearly scale, suggesting that the token may experience an uptick in value in the coming months.
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Recently, a popular on-chain sleuth brought to light the fraudulent activity concerning an early investor in the Solana-based meme coin named ANDY. The exploiter managed to drain nearly $2 million worth of meme coins in various transactions, causing the price of ANDY to plummet by more than 20% in a single day. This exploit was
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Semler Scientific, a California-based medical technology company, recently announced the purchase of an additional 247 bitcoins for $17 million in cash. This brings their total bitcoin holdings to 828 BTC, acquired for a total of $57 million. The company also revealed plans to raise $150 million to further increase their bitcoin holdings in the future,
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The bankrupt cryptocurrency exchange FTX is facing pushback from its creditors regarding the proposed reorganization plan. The objection, filed by FTX creditors Ahmed Abd El-Razek, Pat Rabbitte, Noia Capital, and activist Sunil Kavuri, highlights several key issues with the plan. These include the failure to address property rights concerns, inadequacy in meeting the best interest
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Kraken, a prominent cryptocurrency exchange in the United States, is reportedly making strategic moves to raise funds through a large funding round ahead of a potential initial public offering (IPO) next year. The exchange is said to be aiming to secure $100 million in funding before proceeding with the IPO, making it the second publicly
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In a recent testimony before the House Financial Services Subcommittee on Digital Assets, DTCC Digital Assets global head and managing director Nadine Chakar emphasized the significant advantages of tokenization in revolutionizing the financial industry. Chakar highlighted the transformative potential of tokenizing real-world assets and its implications for the US financial markets. She made a compelling
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Robert Kiyosaki, the well-known financial guru and author of the bestselling book Rich Dad Poor Dad, recently made a bold prediction regarding the price of Bitcoin (BTC). In a tweet, Kiyosaki confidently stated that he believes BTC will reach a staggering $350,000 by August 25. While Kiyosaki acknowledged that his prediction could be considered a
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The US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing an unprecedented streak of inflows, with 17 consecutive days of net additions. On a remarkable Tuesday, these ETFs witnessed inflows amounting to a remarkable $886.6 million, marking it as the second-highest single-day influx since their inception. This was followed by another substantial day of inflows
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Recently, Bybit made a surprising decision to remove China from the list of countries whose citizens are restricted from using its services. This move has garnered attention from the crypto community and raised questions about Bybit’s motivations and potential implications. While the specific reasons behind this policy change are unclear, many market observers believe that
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