Category: crypto

Wilder World, a highly anticipated game, has released its gameplay trailer showcasing stunning visuals and immersive gameplay. The game offers high-speed racing, FPS combat, social interactions, and more. It is set to launch in Q1 2025 and empowers players with economic control through NFTs and the $WILD token. Supported by industry leaders like Samsung, NVIDIA,…

Metaplanet, a Japanese Bitcoin-focused firm, has increased its crypto portfolio by acquiring 619.70 BTC for $60.7 million. This brings its total Bitcoin holdings to 1,761.98 BTC valued at $169.2 million. Despite a 0.93% stock dip, the company’s Bitcoin strategy has delivered significant returns, with projected revenue and profit increases for 2024. Additionally, investors have until…

Hyperliquid, a decentralized leveraged trading platform, experienced a significant drop in total value locked (TVL) by over $1 billion in a week due to suspicious North Korean hacker activity. This led to a 20% decrease in the platform’s native token value. Concerns were raised about security and potential targeted attacks.

The Securities and Exchange Commission has charged Tai Mo Shan Limited, a subsidiary of Jump Crypto, for misleading investors about Terra USD (UST) after it lost its peg. Tai Mo Shan allegedly participated in trading to maintain UST’s price, leading to a $123 million settlement. Terra Luna ecosystem has faced challenges, including legal issues and…

Over the weekend, President-elect Donald Trump announced two key appointments in support of the crypto industry. Economist Stephen Miran was nominated to lead the Council of Economic Advisors, focusing on economic expansion and prosperity. Bo Hines was named Executive Director of the Crypto Council, aiming to drive growth and innovation in the digital asset sector.

Tech innovations like AI, cryptocurrency, quantum computing, and VR are reshaping modern life, but they require significant computing power leading to unsustainable energy use. The Environmental Toll of Idle Hardware discusses the negative impact of unused computing power on the environment and the potential solutions offered by decentralized GPU rentals. These rentals can not only…

SpaceX uses stablecoins to avoid foreign exchange risks by collecting payments in stablecoins from customers in long-tail countries and converting them to dollars in the U.S. This method could become the primary way for cross-border transactions in the U.S., competing with traditional financial institutions and reducing costs for transfers. Elon Musk’s companies, like Tesla and…

aelf, a leading AI-enhanced Layer 1 blockchain, has launched aevatar intelligence, a no-code framework for AI agents. The framework, open-sourced, allows users to easily create and deploy powerful AI agents on the aelf blockchain. This innovation aims to simplify AI development, foster collaboration, and enhance dApps within the aelf ecosystem.

Marathon Digital Holdings is using excess heat from Bitcoin mining to provide heating for 80,000 residents in Finland, with plans to expand to more. The company’s district heating technology efficiently channels heat to warm homes, reducing environmental impact. Additionally, Marathon recently acquired a wind farm in Texas to strengthen its renewable energy portfolio.

Under a new US Securities and Exchange Commission administration, changes to crypto exchange-traded funds (ETFs) like in-kind redemptions and staking for Ethereum products may happen soon. SEC Commissioner Hester Peirce, known as “Crypto Mom,” is open to reconsidering these changes to make crypto products more useful for investors. Bloomberg analysts predict a wave of crypto…