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Web3 Gaming is Growing

Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups

Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days. Andrew...

5 months ago

Leverage traders are nursing losses of over $165 million, as the price of Bitcoin tumbled 5%.

Bitcoin 5% flash crash leads to $165M in leveraged crypto liquidations

A sudden 5% drawdown in the price of Bitcoin BTC $66,162 on Tuesday has seen traders with leveraged exposure to Bitcoin and other cryptocurrencies rack up over $165 million in losses i...

5 months ago

A growing number of charities and nonprofits are embracing cryptocurrency.

Crypto is ‘too big to ignore’ for the charitable sector

Cryptocurrency adoption in the charity space is growing quickly, with 56% of the top 100 charities in the United States now accepting crypto donations as of January 2024, according to the 2...

5 months ago

AI tokens FET, AGIX, and OCEAN have witnessed significant gains over the past 24 hours, amidst trending discussions around the creation of a new ‘Artificial Superintelligence’ (ASI) token.

AI tokens FET, AGIX, and OCEAN surge amid merger deal into ASI token

Fetch.ai’s FET token has observed a 6% rise, with its trading price at $3.26 and a 24-hour trading volume surging by 57% to approximately $1.1 billion. Its market capitalization now stands...

5 months ago

FCA Removed Misleading Advertisements in 2023

UK Watchdog Clarifies Rules for Memes and Finfluencers in Social Media Promotions

The UK’s Financial Conduct Authority (FCA) on Tuesday issued new guidelines for financial services promotions on social media. These apply to formats like memes, reels, and gamin...

5 months ago

Having shown the application of its connector in complex use cases, SWIFT will continue to increase the connector’s functions.

SWIFT declares second sandbox connector tests a success for CBDC and more

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging network has released the results of the second phase of sandbox testing for its central bank digital currency (C...

5 months ago

On March 27, 4:40 am UTC, Munchables identified the hacker as one of its developers. An hour of negotiations led to the former developer agreeing to return the hacked funds.

Munchables hacker returns $62.8M Ether without ransom

It took nearly eight hours for the Munchables hacker — a Munchables developer — to have a change of heart and return $62.8 million worth of Ether stolen in an exploit ...

5 months ago

The firm attributed the change in fortune to the changing market conditions from bearish to bullish, with AUM nearly doubling in the first two months of 2024.

Galaxy Digital reports $296M net income in 2023 after $1B loss in 2022

Digital asset management firm Galaxy Digital has

5 months ago

HSBC’s Orion Platform Facilitates Retail Gold Token Launch

HSBC Launches Gold Token Service for Retail Investors in Hong Kong

Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. HSBC’s new gold investment is available through the bank’s online ...

5 months ago

From Burning Tires to Greener Ways

Pennsylvania State, Crypto Miner Sued for Polluting Environment

Pennsylvania state has failed to protect its residents from a crypto mining rig’s carbon dioxide emission, a court filing read. On Tuesday, a Pennsylvania environmental NGO &ndas...

5 months ago