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Crypto Exchange OPNX Bids to Take Over Hodlnaut in Singapore: Capital Injection of $30 Million Expected
7.8.2023
OPNX, a digital asset exchange created by the founders of failed hedge fund Three Arrows Capital, has proposed a takeover of the struggling crypto lender Hodlnaut.
OPNX has offered to inject $30 million worth of FLEX digital tokens into Hodlnaut to fund a partial creditor payout...
Crypto asset investment in Latvia declines by 50% over past year, per central bank
4.8.2023
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”
Bitcoin’s Rollercoaster Year: A 29% Gain From August 2022 to 2023 Despite Recent Dips
4.8.2023
Over the past 30 days, bitcoin has dipped by 5%, yet the leading cryptocurrency has seen a gain of 29.05% from August 3, 2022 to August 3, 2023. Moreover, BTC’s value in 2023 alone has surged more than 75% against the U.S. dollar, standing at $5,800 above the crypto asset’s mean...
Revolut Suspends U.S. Crypto Platform Over Regulatory Uncertainty
4.8.2023
The digital bank said U.S. customers will not be able to access crypto via its platform starting Oct. 3
Transforming crypto bubbles into champagne bubbles: Uncovering Golden Cask Club’s edge over Polkadot & Aptos
4.8.2023
The crypto industry is evolving, and the allure of leveraging cutting-edge technologies to earn substantial returns has brought about various projects that, like bubbles, rise and fall unpredictably. However, despite being in its first presale phase, Golden Cask Club has taken center stage...
Bitcoin miners need BTC price over $98K by the halving — Analysis
4.8.2023
To avoid being in the red, publicly-listed Bitcoin mining companies will need BTC price to be at least $98,000 by the halving next year
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
4.8.2023
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots...
Agence France-Presse sues Elon Musk and X/Twitter over compensation for news
3.8.2023
If the suit is successful, X/Twitter would have to turn over data in order for AFP to determine how much compensation it will seek
Biggest Movers: XRP, DOGE Bear Run Continues, Sending Prices to Multi-Week Lows
3.8.2023
XRP was one of Thursday’s notable movers, as the token dropped to a multi-week low in today’s session. The decline comes as the global market cap fell by as much as 2% over the course of the day. Dogecoin also declined, falling for a third consecutive session. XRP XRP, formerly...
Big-Name Gaming YouTuber Is Happy To Have His AI Take Over
3.8.2023
Jordi “Kwebbelkop” Van Den Bussche, a massive gaming YouTuber with over 15 million subscribers on the platform, has been working for some time to create his own AI replacement, modeled to look, sound, and act like the creator himself. As he told Wired in a recent interview, he has plenty of reasons...
Australian financial regulator sues eToro over ‘volatile’ trading products
3.8.2023
The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform
Bitcoin Seesaws Back Over $29.2K, as Investors Brush Off Binance Angst; BCH, UNI, LTC Sink
3.8.2023
BTC returned to its rangebound ways a day after it rose suddenly and then subsequently dropped as dramatically
HEX Plummets Over 40% After SEC Files Lawsuit Against Creator Richard Heart
2.8.2023
After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has lost 41.7% against the U.S. dollar and 35.8% over the past seven days. Uniswap...
The Witcher Season 3 Is Over—Now What?
2.8.2023
I sat down to watch the last three episodes of The Witcher season three with an open mind. Though I, like others, have been frustrated with the series’ pacing and direction as of late, I saw shining moments in both character development and action in the latest season, and was hopeful the series...
Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%
2.8.2023
The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market data reveals LTC has declined over 4% in the past 24 hours....
The Great Wii U Server Outage Of 2023 Is Over
2.8.2023
The Wii U isn’t dead, it’s just resting. Nintendo finally brought the console’s servers for Splatoon and Mario Kart 8 back online after a mysterious five month outage. “Please accept our sincere apologies for the extended waiting period,” the company wrote in an update, though it’s not making...
Famed Magic: The Gathering Collector Post Malone Buys Lord Of The Rings Card Valued At Over $2 Million
2.8.2023
When Wizards of the Coast adapted Lord of the Rings into a Magic: The Gathering set, it decided to create a special variant of Sauron’s Ring that would be one of a kind. The hyper-rare card was first found back in June and now the owner has sold it to rapper Post Malone. The amount hasn’t been...
Japanese Yen Hits 20-Year Low Against US Dollar; BOJ Maintains Loose Policy Amid Inflation Pressures
2.8.2023
In the last month, Japan’s official currency has dipped slightly more than 1% in comparison to the U.S. dollar. Then, on Tuesday, the Japanese yen plummeted to its weakest position against the greenback in over 20 years, a shift that came after the Bank of Japan opted to keep its extremely...
Ripple CEO slams SEC over use of XRP report in lawsuit
2.8.2023
Brad Garlinghouse stressed Ripple's unchanged commitment to transparency but hinted that future reports might undergo some changes
Bitcoin Miner Genesis Digital Assets Opens 3 New Data Centers in South Carolina
2.8.2023
Genesis Digital Assets (GDA), one of the world’s largest bitcoin mining companies, has opened three new data centers in the western region of South Carolina. The facilities represent GDA’s continued expansion in the United States, where its data centers now account for over 2%...