While most other big coins and tokens dropped following the largely expected news today that the Federal Reserve would keep interest rates where they are, Bitcoin held firm. Bitcoin (BTC), the biggest digital asset by market cap, is now trading for over $43,471 per coin, according to CoinGecko. That’s a movement of less than 1% in 24 hours. Over the…
Month: January 2024
How Guns N’ Roses Used AI to Create Wild New Music Video ‘The General’
Music videos have long served as testbeds for new technology, from the 3D characters populating Dire Straits’ “Money for Nothing” to the pioneering CGI morphing techniques employed in Michael Jackson’s “Black or White.” Now, iconic hard rock band Guns N’ Roses has brought generative AI into the mix for their latest video to accompany new track “The General.” The band…
Ethereum Gaming Token Ronin Price Spikes to Two-Year High After $246K ‘Axie Infinity’ NFT Sale
RON, the native token of the Ethereum-based Ronin Network, continued its recent ascent Wednesday as it popped to a nearly two-year high price of $2.89, according to data from CoinGecko. It’s up 5% on the day and 57% over the past 30 days. Ronin, an Ethereum sidechain designed for crypto games, has seen a recent rise in users and increased…
FTX Won’t Reboot Exchange, But Plans to Pay Back Customers in Full
Collapsed cryptocurrency exchange FTX will not be restarted, the firm’s bankruptcy lawyers said Wednesday in a court hearing, due to a lack of interest from buyers. However, the company said that it expects to fully repay customers and “general unsecured creditors” affected by November 2022’s sudden shutdown amid a liquidity crisis. This story is breaking and will be updated with…
JUP Up Over 70% as Solana Holds Steady for Jupiter Airdrop
The long-awaited Jupiter token airdrop kicked off Wednesday morning, as the Solana-based decentralized exchange (DEX) aggregator launched its JUP token to nearly a million eligible wallets. And despite the immediate demand, the network is holding steady. According to data aggregation platform Birdeye, JUP opened at a price of about $0.42 and has since climbed above $0.72, marking an increase of…
Coinbase Hires Former UK Finance Minister To Advisory Council
Crypto exchange Coinbase has added another political bigwig to its Global Advisory Council, with the UK’s former Chancellor of the Exchequer George Osborne joining as an advisor. “Osborne brings decades of experience both at the highest levels of government and in international finance and fintech investing,” Coinbase said in a statement accompanying the announcement. “George is one of the most…
Art Blocks Acquires NFT Marketplace Sansa
Digital art company Art Blocks has acquired NFT marketplace Sansa, as part of a “strategic move” to broaden its ecosystem and establish a “home for generative art.” ““I have been wanting to see Art Blocks lean into the breadth of what has been released on the platform for a long time,” Art Blocks founder and CEO Erick Calderon said in…
Ripple Founder Hacked for $113 Million, XRP Drops 5%
The price of XRP dropped Wednesday morning Eastern Time following reports of a hack on Ripple, the fintech company that created the sixth largest cryptocurrency by market cap. Ripple co-founder and Executive Chairman Chris Larsen said on Twitter (aka X) that there “was unauthorized access to a few of my personal XRP accounts,” but ultimately clarified that the attack was…
Trading for Jupiter (JUP) starts January 31
We’re thrilled to announce that Jupiter (JUP) is now available on Kraken! Deposits and withdrawals are live and JUP will start trading on Kraken on January 31. Funding and trading JUP funding is live. Add JUP to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit JUP on Solana. Deposits using other networks will…
You Can Earn Bitcoin for Playing a Fun Mobile Word Game—Here’s How Much
Word games are a perfect fit for smartphones, as they’re easy to control, are often well-suited for short bursts of play, and help jog your brain here and there throughout the grueling day. Most of them don’t let you earn Bitcoin for playing, however—but Word Breeze does. Developed by PlayDay Studios and released as part of the sizable Bling Financial…