This story comes from GG. Your Web3 Gaming Power-Up Discover GG Equilibrium Games is the indie game developer and publisher behind Blights Wrath, a PC action role-playing game (RPG) inspired by beloved titles like Elden Ring, Dark Souls, and Diablo 2. The game launched a free-to-play open beta this month, and while the overall game experience has no shortage of…
Bitcoin’s (BTC) price declined for 8 consecutive days until May 13, totaling a 9.4% correction. The last time such a losing streak happened was on June 14, 2022, after the Celsius lending platform halted withdrawals and FUD emerged from U.S. software firm MicroStrategy’s loan being liquidated at $21,000. Nothing remotely similar happened as Bitcoin retested the $25,800 support on May…
Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analyst Elliptic. Asian countries make up three of the four top targets for the so-called Hermit Kingdom’s hackers, Elliptic found. The study, commissioned and reported on by Japanese financial publication Nikkei, looked at losses of cryptocurrency from cyberattacks originating in North Korea from…
Bitcoin (BTC) saw five-day highs on May 15 as a rebound continued after the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 “still a magnet” for BTC price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $27,666 on Bitstamp. The pair held strength on hourly timeframes after a weekly close just below the $27,000 mark.…
Amid Lebanon’s financial crisis, significant demonstrations have erupted in Beirut targeting financial institutions. Outraged Lebanese depositors, witnessing their savings vanish, have resorted to smashing bank windows, setting fires, and engaging in riots. Simultaneously, leaders of Lebanon’s central bank face grave allegations of fraud, embezzlement, and political corruption. Lebanese Citizens Left Penniless as Financial Institutions Crumble In February 2023, Lebanese depositors…
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success. Source: https://cointelegraph.com/public/index.php/news/zimbabwe-sells-gold-backed-crypto-tokens
The debt ceiling negotiations in the United States are keeping traders on the edge. JPMorgan Chase CEO Jamie Dimon recently told Bloomberg on May 11 that a possible sovereign default by the U.S. government could create panic in the stock markets, resulting in heightened volatility. The next big question troubling crypto investors is how will Bitcoin react to such an…
A daily newspaper in Ireland released a statement saying it was “deliberately deceived” into believing the identity of a guest writer, which turned out to be AI… Source: https://cointelegraph.com/public/index.php/news/irish-newspaper-apologizes-for-misleading-ai-generated-article
Stablecoin operator Tether Holdings pulled over $4.5 billion out of banks in the first quarter of 2023, causing a “substantial reduction” in counterparty risk, the company reported in a post touting its latest attestation by BDO Italia. Tether’s market capitalization grew from $66 billion to over $82 billion in the first quarter, while Tether shed over 90% of its bank…
The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced. Source: https://cointelegraph.com/app/public/index.php/news/south-korean-authorities-raid-upbit-bithumb-crypto-exchanges-after-political-scandal
