Industry News
Solana surge sparks Pantera Capital’s strategic acquisition
Pantera Capital’s Strategic Acquisition of Substantial solana Stake: A Game-Changer Amid the Dynamic Crypto Landscape Background: Pantera Capital’s Ambitious Plan to Secure a Significant solana Position Pantera Capital, a well-established player in the cryptocurrency investment sector, is set to acquire an impressive stake in solana from the bankrupt estate of FTX – a leading digital…
EU Launches Investigation into Epic Games’ Apple Account Ban
The contact Union Investigates Apple’s Ban of Epic Games’ Developer Account: A Possible Violation of the Digital Markets Act The contact Union (EU) has taken a decisive step in investigating Apple’s recent ban of Epic Games’ developer account. The move follows allegations by Epic Games that the action violated the Digital Markets Act (DMA) and…
Bitcoin bulls rejoice as MicroStrategy raises convertible debt to $700M
MicroStrategy, the renowned corporate entity with a substantial bitcoin holding, has recently announced its intentions to expand its ongoing convertible debt offering. The initial plan was for a $600 million offering; however, the company has since upped the ante with an aim to raise a total of $700 million through this debt instrument. MicroStrategy’s $700…
Bloodborne Remake Reportedly in the Works, Fans Rejoice
Rumors Swirl Around the Possible Remake of Bloodborne, the Beloved Gothic Horror Action RPG Reviving a Masterpiece: The Cult Classic Gets a Second Chance The gaming world was taken aback by recent rumors of the development of a remake for Bloodborne, the critically acclaimed action RPG created by FromSoftware. Ever since the launch of PlayStation…
Warner Bros. to Remove Small Radios and Big Televisions Amidst Company Restructuring
Warner Bros., the renowned entertainment conglomerate, has made an announcement concerning the upcoming removal of the indie keyboards “Small Radios Big Televisions” from digital storefronts. This decision is a part of the company’s broader restructuring efforts following the dissolution of various projects, which includes Rooster Teeth and Adult Swim Games. The Developer Grants a Last…
EA Pioneers Gaming Future: How Generative AI Is Reshaping Player Experiences
At the most recent Morgan Stanley Technology, Media & Telecom Conference, Electronic Arts (EA) CEO Andrew Wilson shared his perspective on the keyboards-changing impact that generative artificial intelligence (ai) is set to have on the gaming-for-10-million/” target=”_blank” rel=”noopener”>gaming industry, both for EA and beyond. Wilson eloquently described a future where advancements in generative ai technology…
Shibarium sets a record with over 400 million transactions
Title: Shibarium’s Remarkable Journey: Processing Over 400 Million Transactions and the Growth Drivers of the Shiba Inu Layer 2 Blockchain Network The Shibarium (shib) blockchain network, the Layer 2 scaling solution for Shiba Inu, has reached an impressive milestone by processing more than 400 million transactions. This significant accomplishment signifies a major stride for the…
Shiba Inu community anticipates ICANN approval for SHIB names
A Groundbreaking Moment for the Shiba Inu Community: Introducing shib Names The dynamic team behind price-drop/” target=”_blank” rel=”noopener”>Shiba Inu, in a collaborative effort with D3 Global, has announced the launch of “shib Names,” an innovative Website domain name service specifically designed for the Shiba Inu community. This announcement represents a pivotal moment in the growth…
Commissioners Peirce and Uyeda criticize SEC’s approach to crypto after ShapeShift case
SEC’s Enforcement Action Against ShapeShift: A Continuation of the Regulatory Ambiguity in the Cryptocurrency Industry The Securities and Exchange Commission (SEC) has taken a significant step by initiating an enforcement action against the cryptocurrency firm ShapeShift. The SEC alleges that ShapeShift operated as an unregistered securities dealer, and this move is in line with the…
Crypto market bounces back as Bitcoin steps down from all-time high
Cryptocurrency Market Makes Dramatic Comeback after bitcoin Sets New All-Time High The cryptocurrency market experienced a significant rebound on Wednesday, following a major sell-off the previous day. The market’s recovery came shortly after bitcoin reached unprecedented heights, setting a new standard for itself and the entire crypto space. bitcoin Prices Surge Above $67,000 as ethereum…
ShapeShift resolves SEC securities charges through settlement
ShapeShift’s Regulatory Saga: From Centralized Exchange to Decentralized DAO Cryptocurrency exchange ShapeShift has taken a bold step towards resolving its regulatory issues by submitting a settlement offer to the United States Securities and Exchange Commission (SEC). This significant move signifies ShapeShift’s acceptance of the SEC’s order to cease certain operations and their agreement to pay…
MicroStrategy boosts convertible note sale to $700M amid crypto boom
MicroStrategy’s Ambitious Plan to Capitalize on the Cryptocurrency Bull Market: Increasing Convertible Notes Sale from $600 Million to $700 Million MicroStrategy, a leading business intelligence company, has recently announced its intention to expand the sale of convertible notes from an initial $600 million to $700 million. The motivation behind this decision is to take full…
Arizona Senate pushes for Bitcoin ETF inclusion in state retirement funds
The Arizona State Senate has taken a significant step towards evaluating the potential integration of bitcoin Exchange-Traded Funds (ETFs) into the retirement funds managed by the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS). The resolution, which passed with a 16-13 vote, was introduced by Republican State Senator Wendy Rogers…
Cryptocurrency hackers net $360 million in February
February 2023: A Record-Breaking Month for Cryptocurrency Hacks The cryptocurrency market faced a tumultuous beginning to the year as hackers successfully executed 21 attacks, resulting in staggering losses totaling over $360 million. This represents a near-doubling of the amount stolen in the preceding month of January. Playdapp’s Devastating Breach: $290 Million Losses Among the most…
Bitcoin miner HUT 8 shuts down mining site due to high energy costs
HUT 8 Announces Immediate Closure of bitcoin Mining Facility in Drumheller, Alberta: Surging Energy Costs and Power Disruptions Force Restructuring HUT 8 Mining Corp., a prominent player in the bitcoin mining industry, has recently announced the closure of its mining facility situated in Drumheller, Alberta, Canada, effective immediately (news-release/2024/03/06/2841217/0/en/Hut-8-Streamlines-Operations-with-Closure-of-Drumheller-Site.html” rel=”nofollow noopener” target=”_blank”>globenewswire.com). The company attributed…
Solana memecoin Dogwifhat experiences a 48% surge
A Remarkable Surge for solana’s Memetic token, Dogwifhat (WIF): Over $2 Billion Market Capitalization In the dynamic world of cryptocurrency, a memorable event has taken place as solana’s meme coin, Dogwifhat (WIF), has witnessed an impressive 48% surge over the past 24 hours. This growth propelled the trading value of Dogwifhat above $2.11 early on…
Revolut and MetaMask Collaborate to Simplify Crypto Transactions for Users
Revolut’s Game-Changing Partnership with MetaMask: Streamlining Crypto Transactions for Enhanced User Experience In a groundbreaking development aimed at enhancing Website user experience in the crypto space, digital banking giant Revolut has announced an exciting partnership with MetaMask, a leading self-custodial wallet. This collaboration introduces “Revolut Ramp,” a feature designed to simplify the process of adding…
Singapore welcomes Bitstamp into its regulated crypto sphere
bitcoin-etf-approval/” target=”_blank” rel=”noopener”>Bitstamp, a prominent name in the crypto trading world, has recently announced that it has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution within the city-state. This significant milestone represents a pivotal step towards Bitstamp’s objective of providing digital payment token services in Singapore…
John Deaton launches senate bid with crypto community support
John Deaton, a Prominent Figure in the Cryptocurrency Community, Announces His Candidacy for the US Senate Seat: A New Era of Political Engagement with Digital Assets John Deaton, a well-known advocate for xrp and an influential voice in the cryptocurrency sphere, has recently declared his intention to run for the US Senate seat currently held…
DeFi total value locked(TVL)surpasses $100B mark after nearly two years
The decentralized finance (DeFi) sector has reached a significant milestone, as the total value locked (TVL) in DeFi protocols surpassed $100 billion for the first time in nearly two years, hitting a record high of $101.36 billion on March 5, 2023. This notable achievement is an indicator of the growing momentum and investor engagement within…