No topic has done more to bring hope to the crypto faithful in 2023 than the prospect of a spot Bitcoin ETF—and no one person has done more to make that dream a reality than BlackRock CEO Larry Fink. A Bitcoin ETF, which could open the floodgates for billions worth of institutional assets to flow into the market, has eluded…
The global blockchain gaming market will grow to an estimated $614 billion over the next seven years, according to an analysis from Fortune Business Insights released on December 11. The market currently accounts for an estimated $154 billion in spending. The report analyzed global sales data for blockchain game products from 2017-2021. It found that sales were increasing by a…
Money continued to flow into crypto investment funds last week, with investor altcoin interest centered on Solana and Avalanche, according to a new report. While investors were mostly focused on Bitcoin, funds giving exposure to Solana and Avalanche last week received $3 million and $2 million, respectively, digital asset fund manager CoinShares said on Monday. Renewed interest in Solana, the…
The Pixels browser game still plans to launch a PIXEL token, but the game’s founder wants fans to know that the token’s launch will not be a surprise—and to be wary of scammers. “We will not surprise drop $PIXEL,” said the game’s founder Luke Barwikowski on Twitter (aka X). “Be very careful over the next couple of months. People will…
Nonfungible token (NFT) platform Enjin recently migrated over 200 million NFTs from Ethereum and a sidechain to its own Enjin Blockchain. In an announcement received by Cointelegraph, Enjin noted that over 118 million NFTs hosted on Ethereum, along with over 101 million NFTs hosted in an Ethereum sidechain called JumpNet, have been transferred to its mainnet called the Enjin Blockchain.…
A Bitcoin (BTC) block that took over an hour to mine made headlines earlier in November. This is despite Bitcoin’s core protocol being written to aim to mine a block every 10 minutes. Block 815,690 is the latest outlier to generate press speculation. This block took one hour and nine minutes to mine on Nov. 7. Public interest in an…
When Bitcoin and Ethereum fall, so too do most other major cryptocurrencies. That’s true again today with most prominent gaming tokens as the market tumbled beginning late Sunday. But Immutable’s IMX token is the one big exception, bucking the trend while continuing its recent rise. The broader market may be down about 5% over the last 24 hours, per CoinGecko,…
X-Spot Global Limited, a company owned by Huobi Global exchange (now HTX) co-founder Leon Li, has won an injunction against Huobi Global for the latter to cease its use of the Chinese-equivalent “Huobi” trademark in Hong Kong. According to a recent decision with the Hong Kong High Court, the HTX exchange will be barred from using the trademark name Huobi…
OpenAI’s latest update of its large language model (LLM), ChatGPT 4.0, has passed a clinical neurology exam with 85% correct answers in a proof-of-concept study. The research authors believe that after some fine-tuning, LLMs could have “significant applications” in clinical neurology. The results of the experiment, conducted by a group of researchers from the University Hospital Heidelberg and the German…
Web3 gaming firm Immutable is set to integrate Transak as the sole payment service provider for its Immutable zero-knowledge Ethereum Virtual Machine (zkEVM). The service is set to directly power fiat and Web3-based payments in gaming environments. Transak’s service will be integrated into Immutable Checkout and Immutable Passport. The former acts as Immutable’s all-in-one transaction infrastructure for games and provides…
