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With FTX Bloodied, Rival in US Regulatory Fight Adds Another Knife
9.11.2022
An old-guard rival of FTX from the derivatives markets sought to drive a stake through its heart as the crypto company struggled to save itself from financial disaster on Wednesday. A subsidiary of Cboe Global Markets Inc. sent a letter on Wednesday to its customers – addressed as the “crypto...
Bitget Innovates Social Trading With New Feature ‘Strategy Plaza’
9.11.2022
PRESS RELEASE. Hong Kong, 9th Nov 2022 – Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza. The new feature provides users with the option to follow a series of automated trading strategies...
Chainlink plunges from three-month high as LINK price eyes another 50% correction
8.11.2022
LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million
8.11.2022
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from...
Can Big Eyes join Solana and Zilliqa as another market leader?
5.11.2022
A new meme cryptocurrency, Big Eyes (BIG), aims to become a top-notch crypto platform following its launch into the market. Meme cryptocurrencies are intentional parodies of trending events. Therefore, they easily go viral, gaining a massive following in the process. Some of them have attracted...
Biggest Movers: MATIC Moves to 6-Month High, ATOM up 10%
4.11.2022
Polygon rose for a second consecutive session on Friday, climbing by as much as 20%. This surge pushed prices of the token to their highest level since May. Cosmos was another big gainer on Friday, with prices rallying to a five-week high. Overall, the cryptocurrency global market cap is...
Biggest Movers: MATIC Hits Highest Point Since August, as FLOW Jumps 14% on Thursday
3.11.2022
Polygon rose to its highest level since August, as the token climbed by as much as 10% on Thursday. Today’s rise comes despite cryptocurrency markets mainly residing in the red, with the global market cap down 0.41% as of writing. Flow was another notable expectation to today’s declines, climbing...
Decentralized gaming IDs provide another avenue of interoperability in Web3
3.11.2022
The Lens Protocol and Laguna Games launched a new gaming ID, which connects users across multiple games
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
2.11.2022
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth...
Another Digital Yuan Giveaway Will See $2.75m Distributed in China’s Fuzhou
2.11.2022
China’s digital yuan pilot continues to gather pace: The nation’s central bank is teaming up with an e-commerce heavyweight in an effort to boost adoption. The parties will be giving away another $2.75m worth of coins (in e-voucher form) in the city of Fuzhou, in China’s Fujian Province....
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Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra
1.11.2022
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed...
Game Pass Is Shaping Up For Another Low-Key Killer Month
1.11.2022
Xbox Game Pass closed out October with a bang, and November is already off to a great start. The first-party drought is temporarily over, with Obsidian Entertainment’s Renaissance-era murder mystery RPG Pentiment on the way in the coming weeks. If you just want to turn your brain off, however...
Bitcoin Miner CleanSpark Buys Another Batch of Mining Machines
1.11.2022
The bitcoin miner has bought more than 26,500 mining machines and 116MW of facilities in the bear market
Stablecoin HUSD Continues to Trade Below $1 Parity as Token Taps an All-Time Low at $0.72
30.10.2022
After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with tether tokens, the stablecoin asset has dropped significantly in value sliding to a low of $0.72 per unit. HUSD Remains Below the $1 Peg Another stablecoin is struggling...
Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft
24.10.2022
The lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down that proposal, which also aimed to legalize crypto payments in the country, another draft law on mining, which permits cross-border...
Fidelity to beef up crypto unit by another 25% with 100 new hires
24.10.2022
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High
24.10.2022
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84...
Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December
21.10.2022
According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s...
Crypto Biz: Bear market claim another casualty
21.10.2022
German crypto bank Nuri joins a growing list of crypto service providers to shutter their doors permanently amid the bear market
Red Dead Redemption’s PS Plus Delisting Is Another Bad Omen For Digital Libraries
18.10.2022
If you’ve held off on building up a digital library of games, the original Red Dead Redemption is here to remind you that you might not be missing out after all. Rockstar’s 2010 open world Western was just removed from PS Now/Plus after six years. And as the industry moves to include more...