Crypto market analysts tend to interpret Bitcoin miners selling their rewards as bearish, but miners countered this logic at the recent Bitmain WDMS conference. Source: https://cointelegraph.com/public/index.php/news/3-reasons-why-bitcoin-miners-are-selling-btc-and-why-it-s-not-capitulation
While critics have been busy writing eulogies for Meta’s metaverse dream over the last few years, Mark Zuckerberg’s latest demonstration of its photorealistic avatars shows it could be pretty far from dead after all. Appearing on a Sept. 28 episode of the Lex Fridman podcast, Zuckerberg and the popular computer scientist engaged in a one-hour face-to-face conversation. Only, it wasn’t…
It might be just enough to make you question the nature of your reality. Meta CEO Mark Zuckerberg and AI researcher Lex Fridman today showed off what Meta’s metaverse tech can really do, using ultra-realistic “codec avatars” developed by the company’s Reality Labs. The duo recorded a podcast using digital doppelgangers that capture subtle facial expressions and body language, inducing…
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese worker fined $145K over VPN An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. According to local mediareportsearlier this week, during…
The United States securities regulator has delayed the decision on several spot Bitcoin exchange-traded fund (ETF) proposals, including BlackRock, ahead of an anticipated government shutdown. Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the Securities Exchange Commission in separate Sept. 28 filings. Bloomberg ETF analyst James Seyffart is also expecting the applicants of Fidelity, VanEck…
Blockchain Is ‘Only Way’ Forward for Gaming, Says Shrapnel Studio Head Shrapnel Studio Head Don Norbury tells Kate Irwin the reasons why the upcoming first-person shooter game will offer a wide range of NFTs. He also reveals team-based gameplay plans and shares how game maps have already changed this year. Source: https://decrypt.co/videos/interviews/fhoy7Z8f/blockchain-is-only-way-forward-for-gaming-says-shrapnel-studio-head
Crypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do with their block rewards as a sentiment gauge for where BTC price might go. According to the strategy, Bitcoin miner rewards sent to exchanges foreshadows pending sell pressure on Bitcoin price and possibly reflects distress among miners. Elements of this…
The World Federation of Exchanges (WFE) sees the potential for crypto-asset trading platforms (CTPs) to play a larger role in the “real” economy and society at large. It had some blunt observations about CTPs and suggestions for regulators in a paper released Sept. 28. “CTPs should welcome a degree of regulation as a mean[s] to bolster the appeal of their…
Ripple has confirmed that it no longer plans to acquire financial technology firm and crypto custodian Fortress Trust less than a month after claiming it would do so. “We’ve since made the decision not to move forward with an outright acquisition, though Ripple will remain an investor in Fortress,” said Ripple CEO Brad Garlinghouse over X (Twitter) on Thursday. Garlinghouse…
Asset management firm Valkyrie will begin offering exposure to Ether (ETH) futures to United States investors through its existing Bitcoin Strategy exchange-traded fund, or ETF. A Valkyrie spokesperson told Cointelegraph on Sept. 28 that the firm’s Bitcoin (BTC) Strategy ETF will allow investors access to ETH and BTC futures “under one wrapper”, making it one of the first firms to…
