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Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year
7.12.2022
The cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market
Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North
6.12.2022
The miner paid $50 million initially, $8 million of which was written off and only about half of the rest are expected to be recovered
Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner
4.12.2022
Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a cryptocurrency exchange. The address known as “1P5ZED” has since been replaced...
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
14.11.2022
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were stored on FTX. Ikigai chief investment officer, Travis...
Solana losses more than half its value: What’s next for SOL?
14.11.2022
The FTX liquidity crisis hit the crypto industries, and retail investors are seeking an emergency exit by selling their stakes and investing in safer government bonds because central authorities do not back decentralized cryptocurrencies. If this liquidity crisis persists for a long time, then...
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
12.11.2022
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry”...
Crypto Fund Galois Capital Has Half of Its Capital Trapped on FTX
12.11.2022
According to co-founder Kevin Zhou, the locked funds total around $40 million
Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023
3.11.2022
The crypto exchange’s transaction revenue fell 44% from the second quarter
Fidelity: 74% of Institutional Investors Surveyed Plan to Invest in Digital Assets
30.10.2022
A new study by Fidelity Digital Assets, a subsidiary of financial giant Fidelity Investments, shows that 58% of institutional investors surveyed invested in digital assets in the first half of this year and 74% plan to invest in the future. Fidelity’s Institutional Investor Digital Assets...
Call of Duty’s Burger King Skin Is Getting Sold For Half The Cost Of The Game
28.10.2022
Burger King’s proprietary Call of Duty: Modern Warfare II operator skin, a man with a beautiful mustache and Burger Town t-shirt, is selling on eBay for about half of the full game’s $69.99 asking price. Read more
A16z's Largest Crypto Fund Loses 40% Value in First Half of 2022: Report
26.10.2022
Andreessen Horowitz's flagship crypto fund has cratered by more than 40% in the first half of this year, according to Wall Street Journal, which cites people familiar with the matter
13 Frightening Moments In Games That Live In Our Heads Rent Free
21.10.2022
We’re about a week and some days away from Halloween, my fave holiday, but the spooky season is already in full swing here at Kotaku. While I’ve recently blogged about FromSoftware games—and Bloodborne’s Amygdala—giving me the creeps, I figured I’d expand the scope and round up some of the most...
Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program
20.10.2022
Nubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage...
Report: Half of all DeFi exploits are cross-bridge hacks
19.10.2022
Over $2.5 billion have been stolen from cross-chain bridges in the past two years
The Size of Bitcoin’s Distributed Ledger Nears a Half Terabyte
15.10.2022
Well over a decade ago, on January 3, 2009, the size of the Bitcoin blockchain was 0.285 kilobytes (kB) or around 285 bytes. Today, however, the blockchain’s ledger is nearly half a terabyte, or roughly 432 gigabytes. Bitcoin’s Blockchain Nears 500 Gigabytes in Size On October...
Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023
13.10.2022
Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole...
This Indie Survival Game Is Essentially Half-Life With Co-Op
11.10.2022
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Half-Life 2’s Excellent VR Mod Is Almost Too Good To Be True
1.10.2022
As of last week, a long-held dream of playing Valve’s landmark 2004 shooter Half-Life 2 in virtual reality has finally come to fruition. The journey began nearly 10 years ago, when a man named Nathan Andrews managed to hack together a functioning version of the all-time classic in VR. This...
Next Bitcoin bull run to be half story, half utility: Mike Novogratz at Token2049
28.9.2022
The next Bitcoin rally will require fast and scalable systems, which the community is yet to build, Galaxy Digital CEO Mike Novogratz
CoinLoan Sees Robust Growth in the First Six Months of 2022 Despite Tough Market Conditions
27.9.2022
CoinLoan, one of the pioneers that started providing crypto loans, has published its performance report for the first six months of 2022. The tough market conditions had little impact on the business, as the report revealed robust growth throughout the reporting period. Compared to Q1 and Q2...