Farming games are being taken to a new level through the introduction of cryptocurrencies and NFTs. Here’s how it makes a difference.

One of the oldest crypto farming games announces a new title

The recent boom in Web3 gaming has shown how virtual assets can possess real-world value and utility — underpinned by true ownership. Farming games, in particular, have...

8 months ago

Inflows in recent days and a recovery in Bitcoin’s price on Jan. 26 contributed to BlackRock’s ETF performance.

BlackRock’s IBIT Bitcoin ETF crosses $2B in market cap

BlackRock's Bitcoin exchange-traded fund (ETF) reached $2 billion in assets under management (AUM) on Jan. 26, just two weeks after it debuted on the Nasdaq.  According t...

8 months ago

The China Securities Regulatory Commission (CSRC) is suspending the lending of restricted shares in an effort to curb short-selling.

China halts restricted shares lending amid market turbulence

The Chinese securities regulator has announced another move to limit short-selling activities amid stock market turbulence.  The China Securities Regulatory Commission (CSRC) repo...

8 months ago

Elon Musk’s auto company has liquidated 70% of its Bitcoin portfolio to date yet exhibits caution in letting go of the remaining holdings.

Tesla missed out on $300M profit after Bitcoin sales

Tesla’s refusal to “hodl” Bitcoin BTC $42,073 have resulted in a missed opportunity of over $300 million in profits. Tesla’s Bitcoin investment ...

8 months ago

The South Korean karaoke blockchain platform Somesing lost access to 730 million SSX tokens worth $11.58 million due to a hack.

Crypto karaoke platform hacked for over $11.5m

According to a blog post by Somesing, the hack occurred on Jan. 27. Among the stolen SSX tokens, 504 million were still unallocated tokens that were initially scheduled to go into circ...

8 months ago

Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong

The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26. This marks the first submission of its kin...

8 months ago

A total of 18 senators now fall into the pro-crypto camp, according to analysis from Coinbase advocacy group Stand with Crypto.

18 US senators now ‘stand with crypto’ — Coinbase lobby group

At least 18 senators in the United States support crypto, according to recent data from Coinbase’s nonprofit advocacy organization Stand with Crypto.  Stand With Crypto ...

8 months ago

Telefónica is joining the Helium Network’s decentralized technology to expand its coverage and increase infrastructure efficiency in Mexico.

Telefónica, Nova Labs roll out blockchain-based mobile infrastructure in Mexico

Telecommunications giant Telefónica has picked blockchain technology to lower infrastructure costs and expand its mobile coverage in Mexico.  Through a partnership with Nov...

8 months ago

The Bitcoin halving could spell a great deal of pain for Bitcoin miners if the price of BTC fails to surge, though hedging strategies could mitigate this risk.

11 Bitcoin miners may not mine profitably post halving: Cantor Fitzgerald

Eleven of the largest publicly traded Bitcoin  miners may struggle to mine Bitcoin profitably if the price of BTC fails to increase significantly after the halving, analysts at fi...

8 months ago

The AI factory launch comes after the agreement in December 2023 on the EU AI Act, the first global comprehensive law on powerful artificial intelligence models.

EU Commission proposes AI factories for startups and SMEs

The European Commission has proposed the launch of an AI factory, an AI Office, and other AI-related initiatives in a package of measures to support European startups and SMEs in devel...

8 months ago