Pudgy Penguins sold 1 million plushies in 12 months, says CEO
Physical versions of the popular Pudgy Penguin NFT collections are selling like hotcakes.
Posts published on May 12, 2024 go to media archive 1/2
Ethereum Price Takes Hit and Turns At Risk of Fresh Lows
Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920…
Chinese workers paid in CBDC are cashing it out for real money: Report
Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency.
Reports of ‘bleached’ counterfeit bills crop up across North America
Dodgy dollars are appearing everywhere from Texas to Hawaii to Canada as fiat counterfeiting is seemingly making a comeback.
Bitcoin sats the ‘most valuable digital canvas ever’ — Ordinals artist
Bitcoin artist “Nuro” recently inscribed his 3D neurogenerative artwork on a $2 million “epic sat” from the latest Bitcoin halving.
It’s ‘clear’ the US government is going after Tether: Ripple CEO
Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an "interesting one to watch."
North Korean Hacker Group Targets South Korean Crypto Firms With New ‘Durian’ Malware
Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi
Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K
Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains at a risk of more losses below the $60,000 level. Bitcoin started a fresh decline after it failed near $62,000. The price is trading below $61,000…
North Korean hackers deploy ‘Durian’ malware, targeting crypto firms
The state-backed North Korean hacking group Kimsuky reportedly used a new malware variant to target at least two South Korean crypto firms.
Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances
The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the stablecoin issuer, plans to attract…
Bitcoin whale wallets move $61M in BTC after a decade of dormancy
The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago — when BTC was worth $134 each.
Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for…
Robert Kiyosaki Warns of US Dollar Collapse if BRICS Crypto Happens
Rich Dad Poor Dad author Robert Kiyosaki has issued a cautionary statement regarding the possible downfall of the U.S. dollar in the event of the BRICS economic bloc launching a gold-backed cryptocurrency. Kiyosaki predicts a scenario where…
Turkey Prepares New Crypto Law to Align With International Standards
Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will enforce strict regulations on the…
Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US
Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted…
Bitcoin trades sideways while TON, RNDR, PEPE and AR flash bullish signs
Bitcoin price looks stuck in the near term, but TON, RNDR, PEPE and AR could surprise traders by making a strong upside move.
Blockchain adoption in healthcare faces serious obstacles in Germany
Blockchain technology could enhance healthcare digitalization, but privacy concerns are hampering adoption.
Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains
The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world. The decline of the naira is attributed to…
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of…
Sam Altman thinks giving everyone ‘a slice of GPT’ could pay for UBI
He also reiterated his call for an international safety agency to protect against existential threats related to AI.
Kraken Challenges SEC Overreach in Recent Court Filing
In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024…
Bitcoin Magazine CEO Discloses Links With Trump Campaign: “It’s Time for Bitcoin to Elect the Next President”
David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President Donald Trump. Bailey and his team have advised Trump to develop a Bitcoin and crypto-friendly agenda, including signing a crypto-focused executive…
Religious leaders debate going to church in the metaverse
With the Pope sounding off on AI recently, the discourse surrounding religion and technology has heated up.
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S…
XRP On A Sinking Ship? Why Altcoin’s Price Continues To Plunge
The once-booming cryptocurrency Ripple (XRP) finds itself in a precarious position. The past month has been marked by a significant drop in XRP’s value, leaving investors and analysts in a state of flux. While some fear a continued decline…
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million
On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at approximately $61.1 million. It appears that both…
Solana Snowfall? Price Plunges Amidst Market Correction – Will It Get Worse?
Solana, the high-speed blockchain once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has experienced a significant correction, currently trading at $145…
Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face…