Animoca Brands, a leading blockchain gaming and metaverse investment company, announced on Monday a strategic alliance and investment deal with Neom, the large-scale Saudi Arabian urban development project, to advance adoption of crypto technology in the Gulf region. The companies signed a memorandum of understanding to collaborate on digital infrastructure projects that will support Neom’s Vision 2030 goals and establish…
Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam Bankman-Fried (SBF) appears to have shared a deep disdain for regulators. During the ongoing FTX criminal trial, Assistant U.S. Prosecutor Danielle Sassoon inquired if the crypto executive could recall his previous Twitter statements regarding his support of blockchain regulation to protect customers. “I don’t remember,”…
Bitcoin has slowed down its run, but a number of altcoins have soared in price in the past day. Of the top 20 largest coins and tokens by market cap, Solana is the best performer: It’s up over 7% in the past 24 hours, trading hands for $34.78, according to CoinGecko. In the past week, Solana, which until recently had…
Following October’s tragic events in Israel, a narrative linking Hamas funding to cryptocurrencies emerged from The Wall Street Journal in an Oct. 10 story authored by the paper’s Angus Berwick and Ian Talley. It fueled Sen. Elizabeth Warren’s crusade against the crypto sector. Subsequent insights from Chainalysis and Elliptic cast serious doubt on the claims, demanding a more judicious examination…
The bullish momentum that propelled Bitcoin (BTC) price to a year-to-date high continues into its third week as the price presses toward the $35,000 handle. Some notable developments that back the current bullish momentum are: The forming a golden cross between the 50-day moving average and 200-day moving average on the daily timeframe.Liquidity maps from DecenTrader and Kingfisher highlighting the…
Ripple co-founder Jed McCaleb’s nonprofit Navigation Fund is helping to tackle the AI chip shortage by offering leasable capacity large machine learning models. A new cloud was officially launched on Oct. 29 that will be accessible on an hourly, monthly or long-term basis. An organization called Voltage Park “currently offer[s] bare-metal access for large-scale users that need peak performance” and…
Bitcoin has slowed down its run, but a number of altcoins have soared in price in the past day. Of the top 20 largest coins and tokens by market cap, Solana is the best performer: It’s up over 7% in the past 24 hours, trading hands for $34.78, according to CoinGecko. In the past week, Solana, which until recently had…
Cointelegraph recently traveled to Cape Verde, West Africa, to explore whether Bitcoin (BTC) could be a tool for progress. In the latest on-the-ground video documentary from Cointelegraph, global reporter Joe Hall investigates the remittances market, cash economies, and the challenges and opportunities faced by small island nations worldwide. Cape Verde, officially the Republic of Cabo Verde, is an island nation…
Blockchain-powered RPG Chain of Alliance has released its Alpha 3.0 update, introducing an array of new features including leaderboards, rewards, species and classes. The latest update adds daily quests in which players can explore the capabilities of the newly introduced Assassin class and encounter the new Shadeborn species, which delivers a devastating flurry skill that enables it to deliver two…
Decentralized crypto exchange PancakeSwap now has portfolio manager functionality, according to an October 30 announcement. The feature has been added in partnership with decentralized finance (DeFi) protocol Bril Finance. The new feature allows PancakeSwap users to deposit tokens into single-asset vaults via the exchange’s user interface. Once the tokens are deposited, they go into a liquidity provision algorithm with automatic…
