Crypto giant Binance signed a nonbinding agreement on Tuesday to buy FTX’s non-U.S. unit to help cover a “liquidity crunch” at the rival exchange, in a stunning bailout that raised fresh concerns among investors about cryptocurrencies. The deal between high-profile rivals Sam Bankman-Fried, FTX’s CEO, and Binance CEO Changpeng Zhao came as speculation about FTX’s […]
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The cryptocurrency industry has spent millions of dollars on U.S. midterm election races during a year of heavy losses and upheaval in the sector, which hopes to gain sway among legislators as Congress debates tighter regulation of digital assets. Crypto evangelists view 2023 as a critical year for regulation, with Congress expected to make progress […]
It’s no joke. Elon Musk’s acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame. Dogecoin’s price doubled after the Tesla tycoon completed the $44 billion deal. It was trading at about $0.07 on Oct. 27 before Musk tweeted “the bird is freed” to announce his […]
There are some genuinely profitable and fun NFT games out there for anyone to enjoy, except not anyone can join them without breaking their bank. If you want to start playing games for money without spending a fortune, here are 5 low-barrier to entry P2E NFT games to mark on your map. While many are […]
Released as open-source software in 2009, Bitcoin was the first decentralized cryptocurrency and became the largest by market cap. But the concept of digital asset mining was proposed 27 years before this, in 1983. Today, there exists over 12,000 cryptocurrencies, and some companies accept them as valid payment methods, such as big tech giant, Apple […]
After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq slid to 0.26 last week, its level lowest […]
Play-to-Earn (P2E) crypto games have emerged as a new way for people to get paid for participating in virtual spaces in what can be considered an engagement economy in the playing space, leading to a whole new dimension of economic activity on the web. This activity brought by the P2E model manifests in a new […]
Warner Bros. Home Entertainment has announced the launch of a Lord of the Rings NFT, nicknamed Non Fungible Tolkien by the public. The Lord of the Rings trilogy is a three-part epic fantasy adventure film series. Peter Jackson, the director of LOTR, based these masterpieces on the book series of the same name written by […]
The White House will host officials from 37 countries and 13 global companies in Washington this week to address the growing threat of ransomware and other cybercrime, including the illicit use of cryptocurrencies, a senior U.S. official said. The in-person meeting follows last year’s virtual inaugural meeting of the informal Counter-Ransomware Initiative, adding seven more […]
Despite what you might think about the whole NFT space and teenagers becoming millionaires over night by fluke, NFT Metaverse games are some of the best applications for the new Web 3 technologies that emerged in recent years. NFTs can now be used for a variety of purposes, such as digital identity management and actual […]