Matrixport, a cryptocurrency trading firm founded by Bitmain co-founder Wu Jihan, has doubled down on its prediction that Bitcoin (BTC) will hit $45,000 by the end of 2023. After first setting its 2023-year-end BTC price target at $45,000 in early 2023, Matrixport reiterated its bold Bitcoin prediction in a blog post on Oct. 24. Titled “Bitcoin Targets $45,000 — FOMO…
Month: October 2023
Helsinki’s claim to crypto fame – Cointelegraph Magazine
This “Crypto City” guide looks at Finland’s crypto culture: The most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. City: HelsinkiCountry: FinlandPopulation: 1.55 million Established: 1550Languages: Finnish and Swedish, with English widely spoken Jump to: Crypto Culture, Where to spend crypto in Helsinki, Crypto projects and companies, Local crypto controversies,…
Bitfinex Securities announces tokenized bond
Bitfinex Securities, a platform focused on listing real-world tokenized securities has announced its first tokenized bond that will be listed later in November this year. The new tokenized bond called ALT2611 is a 36-month, 10% coupon bond, denominated in USDT and issued by Mikro Kapital, one of the global leaders in micro-financing. Bitfinex Securities said the tokenized bond ALT2611 will…
Immutable’s Guild of Guardians offers mobile dungeon adventures
From Oct. 9–20, Immutable invited playtesters to try out an early demo of its upcoming mobile game, Guild of Guardians. Guild of Guardians was first announced in 2021. Its utility token, Guild of Guardians Gems (GOG), went up for sale in December 2021, raising over $5.3 million for the game’s development. In addition, over 800,000 individuals registered for the token sale,…
‘Shrapnel’ Game Studio Neon Machine Raises $20 Million Led by Polychain
Neon Machine, the Seattle-based game studio behind upcoming first-person shooter Shrapnel, has raised $20 million in Series A funding, the company announced Wednesday. Polychain Capital led the round, with Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures also participating. The funds will be used to further develop Shrapnel at a “critical time,” according to a…
Crypto speculations simmer after cryptic posts on X
The crypto community on X (formerly known as Twitter) has been thrown into a series of guessing games by a couple of cryptic posts made by prominent individuals. One of these posts was made by David Schwartz, Ripple’s chief technical officer (CTO). He published a picture of a frog sitting on the leaf of a lily pad, with a water lily…
UK’s FinProm a welcome change, but challenge persists: Transak compliance head
On Oct. 8, the United Kingdom’s Financial Conduct Authority (FCA) imposed new marketing rules compelling cryptocurrency firms to promote their products and services clearly, fairly and transparently. From banning referral bonuses to crypto firms implementing a 24-hour cooling-off period for first-time crypto investors, the stricter Financial Promotions (FinProm) regime aims to help protect consumers from high risks associated with virtual assets.…
FTX navigates post-bankruptcy options, weighs sale or revival
Options reportedly include selling the entire exchange, including its extensive customer base of over nine million, to potentially forming a partnership with an… Source: https://cointelegraph.com/app/public/index.php/news/ftx-post-bankruptcy-options-sale-or-revival
Polygon Deploys New POL Token Contracts on Ethereum
New Polygon, new token. As the multi-chain scaling solution continues to roll out its updated roadmap, Polygon today finally deployed the token contracts for its new POL token on Ethereum. A token contract is a type of smart contract that has the records and utilities powering a token, like its supply and who holds what balance. POL will replace the…
‘This is the trigger’ — Arthur Hayes says it’s time to bet on Bitcoin
Bitcoin faces a watershed moment thanks to an inflammatory cocktail of inflation spurred by war — and a $1-million BTC price is still possible, the former BitME… Source: https://cointelegraph.com/app/public/index.php/news/trigger-arthur-hayes-bet-on-bitcoin