The continuous and alarming increase in greenhouse gas emissions is an undeniable sign of the ongoing climate crisis that is wreaking havoc worldwide. According to recent data from the National Oceanic and Atmospheric Administration (NOAA), the levels of carbon dioxide, methane, and nitrous oxide in the atmosphere have reached new record highs in 2022. It
admin
Despite the Chinese government’s ban on Bitcoin since 2021, Chinese investors have remained resolute in their pursuit of this digital asset. This unwavering interest is highlighted by the recent report from Reuters, which sheds light on the increasing investment flow from Chinese capital into Bitcoin. An Astute Strategy to Evade Regulatory Scrutiny One prime example
In the midst of the current turbulence in the market, the Bitcoin Fear & Greed Index has been witnessing a steep decline. This decline has led to the index hitting its lowest level in over three months, as crypto investors become increasingly fearful and choose to hold onto their investments rather than participate in the
Japan has long been admired for its technologically advanced society and forward-thinking approach. In recent years, the country has taken significant steps towards embracing and promoting blockchain technology through its Web3 policies. Japanese lawmakers, Masaaki Taira and Hideto Kawasaki, have recognized the significance and potential impact of Web3 and have expressed their intent to formulate
In recent news, a sophisticated phishing attack targeted several web3 companies, resulting in the loss of funds from thousands of crypto wallets. This alarming incident serves as a reminder of the importance of staying vigilant and implementing strong security measures in the cryptocurrency industry. On January 23, users of Wallet Connect and other web3 companies
Bitcoin miner Core Scientific has recently completed a successful reorganization, resulting in an improved financial position for the company. As a result, Core Scientific is planning to initiate the listing of its common stock and warrants on the Nasdaq Global Select Market, starting from January 24, 2024. Core Scientific’s reorganization plan has led to a
In the realm of environmentally conscious cryptocurrencies, eTuktuk stands tall as a groundbreaking project focused on sustainable urban transportation in developing nations. By combining electric vehicles, blockchain technology, and a sharing economy model, eTuktuk aims to mitigate the negative environmental impact caused by traditional auto rickshaws, commonly known as tuk-tuks. The prevalent use of polluting
Bitcoin’s recent decline of approximately 20% from its year-to-date high has prompted the need to take a broader view of the overall market. To gain a better understanding, we will analyze the performance of various tokens listed in the Coinbase and Binance lawsuits, both defending their positions in U.S. courts. The main point of contention
The gaming community is abuzz with excitement as Endless Clouds, a renowned game studio known for its innovative titles, partners with Immutable to launch two highly anticipated games, Treeverse and Capsule Heroes, on Immutable’s zkEVM blockchain. These games are set to redefine the gaming experience by incorporating non-fungible tokens (NFTs) and emphasizing player ownership. Treeverse
The IRS recently issued a reminder to taxpayers regarding the reporting of digital asset-related income. This serves as a reminder to individuals and businesses to carefully consider their digital asset transactions when filing their tax returns. The inclusion of this reminder on various tax forms signals the IRS’s heightened focus on digital assets and their
In a recent disclosure, the Securities and Exchange Commission (SEC) revealed that multi-factor authentication (MFA) on its X account was disabled, leading to a false post about the approval of spot Bitcoin exchange-traded funds. The incident took place on Tuesday, January 9, 2024, when the SEC’s @SECGov X account was compromised. Unauthorized posts regarding the
An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. The whale, operating through a network of eight wallets, initiated the withdrawal of these
The approval of a spot Ethereum ETF has been a topic of discussion and speculation among investors and industry insiders. While there are varying expectations and opinions on the matter, it seems that the U.S. Securities and Exchange Commission (SEC) is currently hesitant to approve such an ETF. In this article, we will analyze the
Cryptocurrency investors have been eagerly searching for the next big winner, especially in light of the recent freefall of BONK’s price. One platform that has caught the attention of many is Launchpad XYZ, which is set to launch its crypto ICO in just 24 hours. Offering an all-in-one platform for crypto trading and Web3 services,
Cryptocurrency exchange Coinbase has recently revealed its intentions to diversify its execution clients, citing concerns over the dominance of go-Ethereum (Geth). This move comes as the industry continues to evolve and grow, prompting Coinbase to explore alternative qualified execution clients for its platform. In a statement made on the social media platform X (formerly known
Speculation has resurfaced regarding a potential large-scale Bitcoin buy-in by Saudi Arabia and Qatar, two Middle Eastern countries. According to crypto analyst Justin Verrengia, there are indications that an official announcement may be made in the coming week. Verrengia, the host of the popular crypto channel Crypto News Alert, discussed the rumors sparked by crypto
The concept of a metaverse, a virtual shared space where users can interact in various ways, has been gaining traction globally. In response to this trend, the Chinese government has taken proactive steps towards establishing standards for a Chinese metaverse platform. This month, the Ministry of Industry and Information Technology (MIIT) announced the formation of
The recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC) has generated excitement in the cryptocurrency space, with speculations about the entry of more ETFs into the market, including Spot Ethereum ETFs. However, JP Morgan analysts have issued a cautious outlook on the potential approval of Ethereum Spot ETFs.
Darewise Entertainment, a subsidiary of Animoca Brands, and Animoca Brands Japan have joined forces with Honda to co-develop Web3 automotive gameplay in the highly anticipated AAA science fiction game, ‘Life Beyond’. This groundbreaking collaboration aims to bring together the expertise of these industry giants to enhance the gaming experience and explore new horizons in virtual
Cryptocurrency analyst and enthusiast, Chris J Terry, has recently unveiled his insights on the price action of Bitcoin, delivering a pessimistic outlook on the future of the leading cryptocurrency. In a bold move, Terry took to the social media platform X (formerly Twitter) to share his predictions with the cryptocurrency community, anticipating a potential “continuation
Sen. Elizabeth Warren recently sparked controversy within the crypto community with her remarks criticizing the industry. In a post on X (formerly Twitter), she referenced a report from the U.S. Government Accountability Office (GAO) that highlighted the misuse of cryptocurrencies by rogue nations to evade sanctions and pose national security threats. However, many in the
The recent approval of the Bitcoin ETF on January 11 created a wave of excitement in the crypto media. However, despite the initial positive sentiments, the market did not respond with the same level of enthusiasm. While some may focus on the short-term market movements, it is important to recognize that the Bitcoin ETF marks
Crypto enthusiasts and analysts are once again expressing optimism about the future price of Cardano (ADA), with popular YouTuber Ben Armstrong recently sharing his bullish prediction. In a video on his YouTube channel, Armstrong predicted that ADA could reach $11, citing an earlier analysis by crypto analyst Ali Martinez, who had previously forecasted a price
Since the approval of spot Bitcoin exchange-traded funds (ETFs), these investment vehicles have seen impressive growth in their first six days of trading. The newly launched Bitcoin ETFs have accumulated a staggering number of bitcoins, with assets under management (AUM) surpassing $3.96 billion. This article delves into the data surrounding these ETFs and the significant
The perception and use of digital assets are undergoing a potential paradigm shift, according to Andrew Peel, Morgan Stanley’s Head of Digital Assets. Peel warns that this shift may have significant implications for the global dominance of the U.S. dollar. Traditionally, the U.S. dollar has held a dominant position in global finance, constituting nearly 60%
The digital asset economy has faced numerous challenges in the past year, including increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud. These forces have had a significant impact on the overall market, causing a decline in the value and circulation of digital assets. Even the world’s second-largest stablecoin, USDC, has not been
The price of Bitcoin has experienced its fair share of ups and downs this week, failing to fully capitalize on its recent advancements. According to data from CoinGecko, BTC has seen a decline of over 3% in the past week, raising concerns about the sustainability of the bull run. However, a recent on-chain revelation offers