Industry News
Gold hits all-time high as goldbugs resume BTC bashing
Spot Gold has hit a new all-time high of $2,304 per ounce as its investors resume their usual trashing of the leading digital asset Bitcoin. This update is coming at a time when the United States Federal Reserve is making plans to cut the rate as inflation levels remain above the central bank’s target. According…
Binance executive’s case in Nigeria adjourned to April 19
A Nigerian court has reportedly adjourned the case of Binance executive Tigran Gambaryan to April 19. Gambaryan was detained in connection to naira manipulation and tax evasion offenses leveled on Binance by the federal government of Nigeria. According to the news/articles/2024-04-04/binance-executive-s-nigerian-court-case-adjourned-until-april-19″ rel=”nofollow noopener” target=”_blank”>report on Bloomberg, the United States-based executive will remain in Nigeria’s custody…
Memecoins registers massive influx of users in March
Memecoins have become the talk of the crypto market, seeing attention from users across respective blockchains. The market-cap-significant-drop/” data-type=”post” data-id=”505860″ target=”_blank” rel=”noopener”>tokens have also been attracting new users seeking the next big asset in the crypto sector. However, analytics platform IntoTheBlock has revealed that the number of wallet addresses holding memecoins under 30 days hit…
Leaked Details Hint at Ghost of Tsushima 2 Development
Recently, rumors have been said that Sony could announce Ghost of Tsushima 2 at a place like State of Play or PlayStation Showcase. Still, it has not been announced if such a sequel exists. Ghost of Tsushima 2 rumours The fans have asked part two for a long time. It was a well-known leaker, Silknigth,…
PlayStation Plus Adds Immortals of Aveum: A Hidden Gem of 2023
In a surprising move, game-crow-country-delivers-nostalgia/” target=”_blank” rel=”noopener”>PlayStation Plus has quietly introduced what many are calling the most overlooked shooter of 2023: IMMORTALS OF AVEUM. Developed by a new studio, this game harks back to the era when single-player campaigns were the hallmark of shooters, featuring massive set pieces and innovative gameplay mechanics reminiscent of classics…
Bitcoin expert Max Keiser challenges Argentina’s crypto approach
Max Keiser, an adviser to El Salvador’s President Nayib Bukele on Bitcoin questions, made a recent attack on the position of Argentine President Javier Milei on cryptocurrency. Keiser claims that Milei’s economic prescriptions are a “rookie mistake” in that they lump Bitcoin together with all the other cryptocurrencies. This comment is made in times when…
Gurbir Grewal Reflected About Efforts of Compliance of Crypto-Industry.
Gurbir Grewal, in a recent address at the annual “SEC Speaks” conference that was held by the U.S. Securities and Exchange Commission (SEC), emphasized the deficiencies of the current cryptocurrency industry’s procedures for implementing compliance. Stating at the event which is conducted by the Practicing Law Institute over two days, he voiced his regards to…
Are you also unable to make sense of kimchi premium? – Get in here!
Hey there! Let’s talk about something spicy, all pun intended. Guys I want us to talk about the kimchi premium. Sounds a lot like your favorite fancy type of fermented vegetable, doesn’t it? I know. I love kimchi too. But actually, ‘kimchi premium’ is a term from the crypto industry that intrigues me more than…
Goldman Sachs and its clients still don’t care about crypto
Let’s get right into it, shall we? Goldman Sachs, the giant of Wall Street, is as uninterested in cryptocurrencies as I am in my neighbor’s opinion about my lawn. Despite the buzz, the hype, and the occasional skyrocketing prices that make headlines, Goldman Sachs and its esteemed clientele seem to be on a different frequency…
Sony’s Spider-Verse Ambitions Revealed Through Concept Art and Cancelled Game Trailer
In recent revelations, Sony’s aspirations for its Spider-Verse franchise have come to light through leaked concept art from the shelved film Madame Web and a trailer for a canceled multiplayer game titled Spider-Man: The Great Web. Madame web concept art unveils Tom Holland’s Spider-Man encounter Concept art released by Sebastian Meyer, a renowned artist who…
Helldivers 2 Players Demand Fix for Glitchy Enemy Dropships
Helldivers 2, the popular top-down shooter developed by Arrowhead Game Studios, has recently come under fire from its player base due to a glitch affecting enemy dropships. Players report encountering a recurring issue where destroying dropships fails to eliminate the units they were meant to deploy. Instead, the dropships often crash onto their intended targets,…
Memecoins market cap experiences a significant drop
The market capitalization of memecoins has undergone significant losses in the last 24 hours, with tokens on Solana and layer-2 network Base registering a 12% and 19% drop in the same time frame. The memecoin drop is happening around the same time that Bitcoin also experienced a drop of 4.94% to trade at $66,032, per…
Bitfinex introduces volatility futures on Bitcoin and Ethereum
In response to the ongoing volatility spikes in the crypto market, crypto exchange Butfinex has announced the launch of its new volatility futures products on Bitcoin and Ethereum. According to its announcement, Bitfinex, through its derivatives platform Bitfinex derivatives launched the two perpetual futures. Bitfinex launches new Bitcoin and Ethereum volatility futures The platform is…
Crypto tax expert discusses taxation in the crypto industry
Crypto Tax Audit CEO Clinton Donnelly has revealed that crypto users are skeptical about filing their crypto tax returns due to fears of Internal Revenue Service (IRS) regulations. Donnelly said that crypto users fear that the IRS might decide to change their regulations after they file their tax returns. He noted that this is because…
Arkon Energy inks deal to acquire 27,700 mining rigs from Bitmain
With the Bitcoin halving drawing nearer, Bitcoin mining firms are making preparations for the event. In this regard, Arkon Energy has announced that it has signed a deal to acquire 27,000 Bitcoin mining rigs from Bitcoin mining rig manufacturer Bitmain. The Ohio-based firm revealed via its platform that it purchased application-specific integrated circuit (ASIC) units…
Dungeons & Dragons Collaborates with LEGO for Free Adventure Release
Dungeons & Dragons (D&D) advocates as well as LEGO fans have profound reasons to smile because the two legendary brands collaborate to create something special. Today, Wizards of the Coast, the inventors of D&D, revealed that a matching adventure will be available in the fantastical D&D world with the upcoming LEGO set. Titled “Dungeons &…
Content Warning: Co-op Horror Game Surpasses Expectations with 200,000 Concurrent Players
The post-launch contact co-op horror title “Content Warning” gave an unexpected turn, taking the number of owners above 6.2 million while peaking at 200,000 concurrent player-rally-for-waffle-house-stage/” target=”_blank” rel=”noopener”>players on Steam within the first 24 hours. The game was developed by the team at Landfall, famously the makers of “Totally Accurate Battle Simulator,” it is a…
X-Men ’97 Episode 4 Pays Homage to Classic Arcade Game: Fans Delighted
Marvel Studios’ latest release, X-Men ’97, a sequel series to the beloved ’90s X-Men: The Animated Series, does not just rely on its retro nods and the excitement characteristic of our favorite series and the well-planned storyline. Recently, Marvel fans have sung the praises of X-Men as Disney posts a sneak peek of the upcoming…
CrowdSwap launches first decentralized crypto ETF bull run dETF
CrowdSwap in the decentralized finance (DeFi) space has announced that the first decentralized crypto exchange-traded fund (ETF), Bull Run dETF, has been launched. The novel financial instrument allows investors to access the crypto market using one crypto token to invest in a diversified portfolio. This is one of the fundamental points of cryptocurrency asset use…
DRIFE Web3 decentralized ride hailing platform integrates with SUI Blockchain
DRIFE, a Web3 Mobility infrastructure provider, and the first ride-hailing decentralized application to operate in India and the UAE, has announced its integration with Sui, a Layer 1 smart contract platform and Blockchain. DRIFE with this move, aims to offer a seamless, simplified onboarding process for ride hailing users and ecosystem partners. The migration of…