Meta cancels next-gen headset as Reality Labs remains mired in VR
There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.
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Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity
Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began, Foundry’s hashrate has climbed by about 75…
Shiba Inu Breaks Above Trendline: Can The Bulls Drive SHIB To $0.00002045?
Shiba Inu (SHIB) has recently surged past a key bullish trendline, sparking fresh optimism among traders and investors. This breakout marks a significant shift in momentum that could pave the way for a potential rally toward the $0.00002045 level…
Big tech is prepping an explosive pivot to robotics
The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.
Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’
Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address…
300,000 Ethereum Transfer Sparks Shock At Leading US Exchange
In a new development that is creating ripples in the cryptocurrency space, Whale Alert, one of the top blockchain trackers, has detected two huge Ethereum (ETH) transfers heading to Coinbase. Each transfer involved 150,000 ETH, totaling a…
Polygon’s Discord Channel Hacked; Admins Regain Control Amid Security Concerns
NFT Sales Soar 24% as Ethereum Takes the Lead This Week
Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales reached an impressive $99.05 million, with Ethereum-based NFTs leading…
Bitcoin ETFs Soar With $252M Influx, Ether ETFs Experience Another Day of Losses
At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $252 million in net gains. In contrast, ether ETFs continued their downward trend, losing another $5.7 million. Bitcoin ETFs Shine with $252M…
Ethereum Foundation Transfers 94 Million ETH – Price Rally To Stall?
Following affirmative comments of an impending rate cut by US Federal Reserve Chairman Jerome Powell, Ethereum (ETH) alongside other crypto assets experienced a rapid price gain with the total crypto market cap rising by 6% on Friday. The price of…
Whatever happened to the 10 biggest projects from the ICO era?
Projects that raised millions in the ICO era have struggled to gain traction.
Floki Has ‘More Room To Climb,’ Targets 96% Rally – Analyst
Crypto analyst Javon Marks has just highlighted FLOKI as a digital asset that could register an impressive growth. In a post on X, Marks noted that if FLOKI confirms a so-called Hidden Bull Divergence, gains of over 96% can be expected. This…
Kraken Crypto Exchange Fined by Australian Court
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination…
EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch
The Bitcoin price performance has been uninspiring in the past week, mirroring the broader cryptocurrency market climate. However, the premier cryptocurrency seems to be ending the week on a high note following an unexpected Friday rally. The price…
Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.
Analyst eyes Ether 'major push' to $3.5K, traders bet against dip
A crypto analyst says Ether could make a "major push" to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move.
Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows
Yesterday, Bitcoin (BTC) spiked over 6% following Federal Reserve Chairman Jerome Powell’s announcement that they are adjusting its policy and hinting at a potential 25bps rate cut at the next meeting on September 18. This unexpected news has…
Hong Kong’s Bitcoin ETFs reach HK$2B milestone, led by OSL
For Hong Kong to truly compete on the global stage, it will need to attract more significant inflows and broader participation from both retail and institutional investors.
Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid…
Bitcoin's Coinbase premium hits 39-day high as $63K is reclaimed
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.
AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation
Analyst Predicts 2,200% Explosion Will Send Cardano To $8, Here’s When
Cardano has gotten a lot of bullish predictions lately, especially in relation to the much-anticipated Chang upgrade. The upgrade is one of the most important upgrades for the network in a while, and this has triggered a wave of optimism among…
China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation
China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin. They committed to local currency use, payment…
India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report
The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October…
Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a "significant victory" in the ongoing fight against cyber fraud, according to Tether.
Bitcoin on the Verge of a Breakout? Economist Refines Price Target To $120,000
Economist and market analyst Henrik Zeberg has made an updated bullish forecast for Bitcoin, predicting that the leading cryptocurrency could surge between $115,000 and $120,000. Zeberg, who forecasted a rise to $95,000-$100,000 in December 2022…
US, African Nations Discuss Responsible AI Use in Military Applications
The United States is urging countries to collaborate on the responsible use of artificial intelligence (AI) in military applications. A senior State Department official, Mallory Stewart, emphasized the need for countries to agree on AI guidelines…