Square Enix’s first blockchain game project, Symbiogenesis, has released its first batch of Ethereum NFT heroes—and the characters’ names are undeniably curious, to say the least. But they’re selling. Someone dropped over $1,200 worth of ETH for an NFT character named “Egg,” while another spent over $500 for a hero named “Starvation.” Neither Egg nor Starvation bear any physical resemblance…
Bitcoin (BTC) miner Core Scientific has released a presentation outlining its plans to emerge from bankruptcy in early January 2024. The presentation is based on the third amended joint Chapter 11 plan filed on Nov. 16 and includes an audio commentary by CEO Adam Sullivan. Common shareholders and holders of two series of convertible notes are being planned for separately.…
The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of investigations around digital asset reporting. In its annual report released on Dec. 4, the IRS investigative arm said it had initiated more than 2,676 cases in which it had identified more than $37 billion related to tax and financial crimes in…
Rising tides lift all ships—apparently even those of the battered, beleaguered, and oft-eulogized NFT market. As top altcoins including Ethereum and Solana continue to steadily pump, largely on the winds of Bitcoin’s tremendously persistent, now weeks-long price rally, NFT collections associated with those blockchain networks now appear to be along for the ride. Pudgy Penguins, for example, an Ethereum NFT…
Charlie Shrem paid a steep price for his place in crypto history. Major figures in the crypto world were part of his story, and his personal life was transformed as he went from online retailer to CEO of Bitcoin (BTC) exchange BitInstant and convicted felon before he was even 30. Today he is an investor and podcaster. Coming from a…
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared. Source: https://cointelegraph.com/news/tax-services-are-getting-pushy-to-have-crypto-declared-law-decoded-nov-27-dec-4
Meme coin mania isn’t slowing down. Solana’s dog-themed token BONK just hit a new all-time high overnight at $0.00000669. CoinGecko data shows that the cryptocurrency is now trading for just shy of that at $0.00000653—a 24-hour rise of 33%. Even more impressive is its surge over the month: The asset has continued to boom and is now up about 762%.…
IBM announced the unveiling of its 1,121-qubit “Condor” quantum computing processor on Dec. 4th. This is the company’s largest by qubit count and, arguably, the world’s most advanced gate-based, superconducting, quantum system. Alongside the new chip, IBM delivered an updated roadmap and a trove of information on the company’s planned endeavors in the quantum computing space. The Condor quantum processor…
There’s now a Notorious B.I.G. experience in The Sandbox metaverse, thanks to a collaboration between the game, the late rapper’s label Warner Music Group, and his estate, the metaverse platform announced Monday. The Brooklyn, New York-inspired area in The Sandbox pays homage to the late rapper, born Christoper Wallace, who rose to fame in the 1990s before his death in…
Serious investors continued to flood the market and Bitcoin funds with cash last week—with the biggest 10-week inflows since the height of the 2021 bull run, according to a report today. Digital asset fund manager CoinShares said in a Monday report that money going into crypto investment products last week hit $176 million, reaching a 10-week total of $1.76 billion.…
