Beyond HODLing: Here’s How $Verse and CryptoWallet.com Lead the Way
PRESS RELEASE. Cryptocurrencies are no longer just a speculative investment – stashed away and “HODLed” for a distant future. Instead, a seismic shift is underway, where cryptos are becoming a vital part of everyday life. In the…
Sega Exec Shuji Utsumi: ‘Blockchain Gaming Is Still an Unknown World for Us’
In a recent interview, Sega co-COO Shuji Utsumi talked about the company’s stance on blockchain games. For Utsumi, this new gaming field is still uncertain, and Sega is prepared to protect its franchises and learn about how these new games…
Jim Rickards Blasts US Congress Confiscation Initiatives: ‘The Drive to Create New Currencies Will Go Into Overdrive’
Renowned economist and best-selling author Jim Rickards has warned about the effects of a new U.S. congressional initiative that proposes confiscating Russian assets to reimburse itself for the aid given to Ukraine. Rickards believes that, if…
Bankman-Fried Lawyers Claim He’s Not Getting Enough Adderall
Attorneys for FTX founder Sam Bankman-Fried say he’s having trouble focusing during his criminal trial because he’s not getting his prescribed dose of Adderall each day. In a letter to the judge Sunday, lawyers said Bankman-Fried has…
FTC Warns Consumers Crypto Deposits Are Not FDIC Insured
The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the…
Bridgewater Founder Ray Dalio Warns of ‘Brutal World War III’ — Says China and US Are at Brink of Hot War
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has warned that the U.S. and China are at the brink of a hot war. He has outlined a scenario where “we will see the transition from contained pre-hot-war conflicts to…
Evergrande’s Economic Tremors Trigger Bank Run in Northern China
Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. The bank run began after rumors spread that the financial institution, Bank of Cangzhou, allegedly loaned…
FTX Engineer Reveals $8B Bug, Lavish Spending, and Political Donations in Explosive Testimony Against Bankman-Fried
Nishad Singh, former director of engineering at FTX, testified this week against his former boss Sam Bankman-Fried, detailing a software bug that hid billions in missing funds and excessive spending on celebrities and real estate. Singh Points…
Supporting 2 Wars Is Feasible Despite US Debt Surge, Says Yellen
After the United States recently accumulated hundreds of billions in debt and directed over $75 billion to Ukraine, U.S. Treasury Secretary Janet Yellen assured on Monday that the nation is financially equipped to back two wars. U.S. Can ‘Certainly…
Tether Freezes 32 Suspicious Addresses Linked to Ukraine and Israel Conflicts
On Monday, Tether, the leading stablecoin issuer, revealed it had frozen 32 addresses allegedly linked to activities involving war, terrorism, and crime. These USDT accounts are said to have ties to suspicious operations in Israel and Ukraine. The…
Unlocking the Power of Web3 and AI: Insights from the 2023 Global Summit
PRESS RELEASE. USA, 230928 – The Worldwide AI & Web3 Summit, held on September 28 – 29, 2023, brought together industry leaders from enterprises such as HAI Stanford, Berkeley/HAAS, Google Deepmind, NVIDIA, and Meta to explore the…
Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions
In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of…
Biggest Movers: BCH, SOL Big Gainers Following Cointelegraph’s ‘Inaccurate’ Tweet
Bitcoin cash was a huge gainer on Monday, as the cryptocurrency rallied by as much as 14% in today’s session. The surge comes after Cointelegraph falsely suggested that Blackrock’s bitcoin ETF was approved by the SEC. An apology has…
Bitcoin Surges on Fake Blackrock ETF Approval News: Misinformation Ripples Through Crypto Markets
On a bustling Monday, the cryptocurrency-focused news platform Cointelegraph broadcasted that the U.S. Securities and Exchange Commission (SEC) had given the green light to Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF). The…
NetMind AI Unveils the Beta Version of Netmind Power For Decentralized Machine Learning
PRESS RELEASE. The AI-focused tech start-up NetMind.AI has launched the Beta version of Netmind Power, a decentralized platform which allows machine learning (ML) researchers and practitioners to train and fine-tune ML models by leveraging a…
Investment Banks See Uncertain Path Ahead as Middle East Crisis Unfolds
Major U.S. investment banks are urging caution and flexibility as the crisis sparked by a surprise Hamas attack on Israel earlier this month continues to evolve. Analyst notes from JPMorgan and Morgan Stanley provide insight into how Wall Street is…
Bitcoin, Ethereum Technical Analysis: BTC Nears $28,000 as Hopes for Grayscale’s ETF Rise
Bitcoin surged towards $28,000 on Monday, as markets continued to react to the Securities and Exchange Commission (SEC) decision not to appeal the Grayscale ruling. The decision now means that Graycale could soon move to convert its bitcoin trust…
Russian Crypto Exchange Moves Money for Gaza Groups, Report
Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash…
Acme Introduces an Intent-Based Network to Simplify Blockchain Transactions
PRESS RELEASE. Acme, founded by Nilesh Khaitan (ex-head of crypto, Venmo-PayPal), is building an intent-based network to simplify on-chain transactions to #OneTap. Acme’s experience makes on-chain transactions accessible to non-crypto…
Fraudsters targeting victims in Ireland are increasingly posing as bank officials rather than crypto promoters, the local press reported quoting police. Amid the growing trend, Irish investors have lost millions of euros to this type of schemes…
Agnostic Nature of Blockchain Technology ‘Makes It the Ideal Foundation for Global Travel Industry’ — Pablo Castillo
Although the travel industry is said to be in great need of digital innovation, according to Pablo Castillo, the CTO of the blockchain-based travel firm Chain4travel, “aviation is the most obvious sector to innovate with blockchain.” To…
PRESS RELEASE. On the 24th of November, attendees from around the world will gather at the luxurious Cabo Beach Club in Cape Town, South Africa, for the highly anticipated Crypto Fest 2023. Crypto Fest has earned its reputation as being one of the…
Latam Insights: Venezuela and Argentina Leverage ‘Unique’ Crypto Use Cases, Brazilian Congress Advises Indicting CZ
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends…
The 12-Year Evolution of Litecoin and Its Most Influential Wallets
This month Bitcoin.com News delved into the top ten XRP wallets, having scrutinized the leading bitcoin, ethereum, and tether addresses the month prior. Next on the radar? An exploration of the top ten litecoin (LTC) wallets, standing out from 7.14…
Bitcoin’s Hashrate Skyrockets: On Track to Hit Half a Zettahash Milestone by Year’s End
Bitcoin’s hashrate, a key indicator of its computational power, shattered previous records on October 12, 2023. As measured by a seven-day simple moving average (SMA), it has surged to an impressive 455 exahash per second (EH/s). To put that…
Amidst Controversy, Telegram Will Keep Hamas’ Channels Open
Pavel Durov, founder and CEO of Telegram, has explained that Hamas’ communication channel in the application will keep operating. Durov’s statements come after Telegram faced widespread backlash for allowing the Palestinian group to…
New Documentary Exposes the Turbulent Downfall of FTX and Sam Bankman-Fried
According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26…
Meme Coin Market Plummets $3.2 Billion in 2023: Dogecoin and Shiba Inu Lead Declines
Data reveals that the meme coin market has diminished by over $3 billion in value since the dawn of 2023. The leading meme coin by market cap, dogecoin (DOGE), saw a decrease of $2.46 billion from January onwards. Concurrently, shiba inu (SHIB)…
Dollar vs. Bitcoin Clash: Experts Flex Opposing Views; SBF Trial Update — Week in Review
Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital…
UAE Government Unveils White Paper Focused on Metaverse Regulation
The United Arab Emirates government recently announced the unveiling of a white paper which underscores the potential of the metaverse but also the areas “where the global community must strengthen its preparedness.” Globally Accepted…
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