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That FTX Super Bowl Ad? 'Like an Idiot, I Did It,' Larry David Says
1.2.2024
Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial
Crypto for Advisors: AI Tools for Advisors
1.2.2024
Content creation and productivity are the main benefits of advisors utilizing AI tools.There are some helpful things that AI can do to help financial advisors
Sponge Announces Strategic Transition to SPONGE V2 on Polygon Network After Liquidity Pool Attack
1.2.2024
Thursday, February 1st, 2024 – Meme coin Sponge has announced the discontinuation of Sponge V1 as it accelerates its migration to the SPONGE V2 Polygon version of the digital asset. The pivot to a solid architecture for gaming, which the fast-growing and scalable Polygon network offers, provides...
EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged ‘Public Harm’
1.2.2024
The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget (OMB) to conduct an urgent survey regarding electricity usage by cryptocurrency mining firms across the U.S. The EIA submitted this request on the grounds that “public harm...
Taproot Wizards Delays 'Quantum Cats' for 3rd Time as Mint Site Gets Fixed, Tested
1.2.2024
Taproot Wizards struggled with technical issues during Monday's initial attempt to sell about 3,000 of the "NFTs on Bitcoin." The team says they underestimated demand, and says the minting site is now fixed but needs more time for testing
Bitcoin’s Hashrate Hits 7-Day Record High, Surging to 566 EH/s Amid Anticipation of Upcoming Difficulty Adjustment
1.2.2024
Bitcoin’s computing power has soared to unprecedented levels, with the seven-day simple moving average (SMA) peaking at 566 exahash per second (EH/s) as of Jan. 30, 2024. Despite experiencing a slight decline in mid-January, the network’s hashrate is on an upward trajectory,...
Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins
1.2.2024
Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said
Polygon Labs Cuts 19% of Staff, 60 Roles, for 'Enhanced Performance'
1.2.2024
The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons
Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
1.2.2024
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are collateralized by highly liquid...
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
1.2.2024
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene
Celsius' Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public
1.2.2024
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s)
Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis
1.2.2024
A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023
Web3 Gaming Company Saltwater Raises $5.5M Seed Funding
1.2.2024
Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive
Long-Dormant ‘Sleeping Bitcoins’ Worth $35 Million Spring to Life on January’s Final Day
1.2.2024
On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $35.96 million. Originating from a handful of distinct addresses, 726 bitcoins were likely...
First Mover Americas: Bitcoin Regains $42K Following Wednesday's Dip
1.2.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Protocol Village: Prediction Market Zeitgeist Launches DLMSR-Based AMM
1.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 1-7
South Korean Prosecutor in Court for Passing Information to a Virtual Asset Investment Fraudster
1.2.2024
On Jan. 30, a South Korean court continued with the trial of a prosecutor who is accused of passing sensitive information on the progress of an investigation to an alleged virtual asset investment fraudster. According to the Gwangju District Prosecutor’s Office, the acts by the prosecutor...
Traders bullish on Bitcoin Minetrix’s potential to surpass Ethereum price gains in 2024
1.2.2024
Ethereum has been making remarkable price gains since Q3 2023 and continues to do so in the new crypto market year. As this crypto giant edges closer to the $2,500 mark, traders are confident that the market has entered the bullish phase. While Ethereum continues its bullish momentum, its potential...
KIP Protocol Closes Strategic Funding Round Led by Animoca Ventures
1.2.2024
PRESS RELEASE. Hong Kong, 1 February 2024 – KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators...
Internet Computer, Toncoin, & Meme Moguls – Analysts pick for 2024
1.2.2024
Internet Computer (ICP) and Toncoin (TON) are both showcasing rapid upswings in their value on the charts, indicating a bullish level of performance. Despite this, analysts are also eyeing the Meme Moguls (MGLS) cryptocurrency as it has the potential to reach new heights following the completion...