Jensen Huang, Nvidia’s CEO, made no announcement of his recent visit to the Chinese mainland—his first trip there in several years—but it nonetheless caught the notice of tech industry watchers. Huang’s visit, played down as a mere New Year celebration, saw him dancing in a Harbin-style cotton coat at Nvidia’s annual celebration in Beijing, presenting to the world a jovial…
Month: January 2024
Kaspersky Warns of Mac Exploit Targeting Bitcoin and Exodus Wallets
Apple users who are generally conditioned to ignore malware alerts that usually affect more open platforms should take note: there is a verified macOS exploit targeting the latest version of the operating system that can trick Bitcoin and Exodus wallet users into downloading a fake, malicious version of their software, cybersecurity firm Kaspersky reported. Clean living helps: the newly discovered…
Air Ball: NBA Star Dwight Howard’s Avalanche NFTs Are a Huge Miss
NBA champion and eight-time NBA All-Star Dwight Howard has known many successes in his storied 20-year career. This weekend, however, the basketball icon had a taste of bitter failure—on the mean streets of crypto. Late last week, with little preceding fanfare, Howard—who last played in the NBA in 2022—abruptly announced that he was launching a collection of 3,000 NFTs on…
Alameda Research Drops Grayscale Lawsuit, Sparking Share Redemption Rush
Collapsed crypto hedge fund Alameda Research has dropped its lawsuit against Bitcoin fund manager Grayscale, clearing the way for the failed crypto brand’s new management to selling shares in its recovery fund, a lawyer working on retrieving customer funds confirmed to Decrypt. Alameda last March sued Grayscale—which ran the Grayscale’s Bitcoin Trust (GBTC)—in a bid to unlock investments that it…
Someone Airdropped 21K Ordinals to Bitcoin Users as Part of Mysterious Game
Sparking the latest mystery surrounding Bitcoin Ordinals, someone airdropped 21,000 digital inscriptions as a part of an apparent game promotion on Sunday. “A technological arms race has begun—21,000 cutting-edge RSICs, manufactured in our factory, are being sent from our distribution centers to the Ordinals community,” a message inscribed in inscription 56,754,110 reads. “The RSICs are designed for the sole purpose…
Bitcoin Falls Below $40,000 as Grayscale Unwind Continues
Bitcoin (BTC) has continued to drop in price and is now trading for below $40,000 per coin. CoinGecko data shows that the price of the biggest cryptocurrency by market cap is now priced at $39,754, having shed nearly 5% of its value in 24 hours. In the past week, it’s dropped by over 7%. The price dip comes less than two weeks after…
Dogecoin Pumps Amid Speculation Over Twitter Payments
Dogecoin, the prominent dog-themed meme coin, spiked nearly 12% on Saturday following the buzz around the newly established XPayments account on Twitter (aka X). It’s the highest daily spike for the top meme coin since April 3, 2023. The excitement around the @xpayments account, despite its lack of posts and no confirmation from Twitter or owner Elon Musk about the…
Bitcoin ETFs Have Gained $4 Billion—But Other Crypto Funds Are Waning
Cash is flowing out of high-profile crypto funds following the launch of spot Bitcoin exchange-traded funds (ETFs) earlier this month, according to a new report. Digital asset fund manager CoinShares said Monday that investors pulled $21 million out of crypto funds issuers last week. And since long-awaited Bitcoin ETFs started trading on January 11, $2.9 billion has been pulled out…
Gaming Tokens Plunge as Bitcoin Nears $40K—But Ronin Is On Fire
The cryptocurrency market is in the red Monday with Bitcoin slipping closer and closer to $40,000, and the largest gaming tokens have fallen harder than the average coin. However, the Ronin network’s RON token is still enjoying a hot streak thanks to a weekend surge that pushed it near a two-year high. Ronin is up 34% over the last week…
Ethereum DeFi Gets ‘Gasless’ Trading With New 0x API
If you’re a regular DeFi user on Ethereum, you’ve likely had transactions fail from time to time because you didn’t pony up enough ETH for gas—0x Labs aims to solve that. 0x Labs—a prominent developer of web3 infrastructure, including the popular decentralized exchange (DEX) Matcha—today announced the launch of their newest trading API: Tx Relay. Tx Relay facilitates “gasless” swaps,…