Terraform Labs co-founder Do Kwon will reportedly be extradited to the United States rather than South Korea to face criminal charges. According to a Dec. 7 Wall Street Journal report citing people familiar with the matter, Justice Minister Andrej Milovic in Montenegro plans to grant U.S. officials’ request for extradition. Kwon was arrested in Montenegro in March and sentenced to…
Month: December 2023
Phoenix seals $380M deal with WhatsMiner for green Bitcoin mining
United Arab Emirates firm Phoenix Group has disclosed a new purchase of hardware equipment from WhatsMiner, aimed at expanding its portfolio of hydro cooling rigs. According to an announcement on Dec. 7, the $380 million deal represents WhatsMiner’s largest order in two years. Under the agreement, Phoenix received mining equipment valued at $136 million, with an additional option worth $246…
USDT deposits and withdrawals now available on Optimism!
We’re thrilled to announce that Kraken now supports deposits and withdrawals of Tether (USDT) on Optimism! Funding USDT funding via Optimism is already live. You can transfer Tether (USDT) to your Kraken account by navigating to Funding, selecting USDT and choosing the desired deposit method (network) from the drop-down box: Optimism. Got USDT on Optimism? ⤵️ Here’s what you need…
Games need bots? Illivium CEO admits ‘it’s tough,’ Web3 games 42X upside: Web3 Gamer
Is a game even a game without bots? Pixels CEO doesn’t think so Some think that bots in games is a sign of the apocalypse, or perhaps just the makers trying to fill up an empty venue to make it look popular. But Pixels founder and CEO Luke Barwikowski says that conversely, if people aren’t trying to fill your game…
Changpeng Zhao’s next move could involve decentralized science
Changpeng “CZ” Zhao’s tenure as the CEO of Binance may be over, but the exchange giant’s loss could be a boon for the decentralized science (DeSci) sector. In a comment on X (formerly Twitter) on Tuesday, Nov. 28, the former Binance CEO revealed an interest in the rapidly developing sector. Been reading about biotech, thinking about how to use crypto…
Web3 can benefit from adopting Web2 optimization: NBX Berlin
Web3 products and services could benefit from the streamlined user experiences that have been mastered by Web2, according to several industry builders who attended Next Block Expo in Berlin. Speaking to Cointelegraph at the event, Web3Auth senior cryptography engineer Matthias Geihs said Web3 services continue to be hamstrung by clunky login features and the associated responsibility and technicality of wallet…
Blockchain projects make push to decentralize climate markets
As the 2023 United Nations Climate Change Conference (COP28) takes place in Dubai, United Arab Emirates, many projects participated in the climate action effort by launching blockchain-powered initiatives. From Nov. 30 to Dec. 12, diplomats and leaders from across the globe are gathering at Dubai’s Expo City to advance initiatives in climate action. Among those who participated in the event…
Is Google’s Gemini really smarter than OpenAI’s GPT-4? Community sleuths find out
Google launched its latest artificial intelligence (AI) model Gemini on Dec. 6, announcing it as the most advanced AI model currently available on the market, surpassing OpenAI’s GPT-4. Gemini is multimodal, which means it was built to understand and combine different types of information. It comes in three versions (Ultra, Pro, Nano) to serve different use cases, and one area…
Auction House Sotheby’s Announces First Sale of Bitcoin Ordinals Collection
Sotheby’s is to sell a Bitcoin Ordinals collection in a first for the 279-year-old auction house. The sale of pieces from BitcoinShrooms, an ordinals project by pseudonymous artist Shroomtoshi, is the first time works from the collection will be made available to the public, Sotheby’s said. The collection consists of a series of pixel art pieces that reference Bitcoin’s history…
What Is A Bear Flag Pattern?
There are a number of different chart patterns that traders have to watch out for to optimize their trading strategies. The bear flag pattern is one of them. The bear flag is one of the most reliable continuation patterns. Often seen in downtrends, it is formed when there is a sharp sell-off followed by a period of consolidation. The objective…