Exchange-traded fund provider Global X has withdrawn its application for a U.S. spot Bitcoin ETF. A January 30th filing from the U.S. Securities and Exchange Commission (SEC) revealed that Cboe BZX exchange filed a notice of the withdrawal on January 26th. Global X, which first applied for a U.S. Bitcoin ETF in 2021, becomes the first firm to have abandoned…
Month: January 2024
Marblex Gaming Network From Mobile Giant Netmarble Teams With Saga
Marblex, the blockchain subsidiary of major South Korean mobile game publisher Netmarble, announced Wednesday that it will utilize the Saga gaming protocol to support its upcoming crypto games. Billed as a “comprehensive collaboration,” Marblex and Saga will work in tandem to launch and promote crypto games. Marblex will utilize Saga’s layer-1 blockchain network to support its own chain, while Saga…
SEC Requests Dismissal of Debt Box Case, After Sanctions Threats
The U.S. Securities and Exchange Commission (SEC) has filed to dismiss its lawsuit against crypto firm Debt Box, after a federal judge threatened to sanction the regulator over “false and misleading” statements. In a Tuesday court filing, the SEC requested that Judge Robert Shelby of the Northern Division District Court of Utah dismiss its lawsuit against Debt Box’s parent company…
Bitcoin History Rhyming: Why Analysts Are Still Bullish on BTC
It’s impossible to know if Bitcoin has hit its peak in real time, but dead simple to figure it out in hindsight. That’s why there are so many analysts comparing current price charts to old ones and invoking a famous Mark Twain quote. On Wednesday morning in Europe, Bitcoin was trading for around $42,560. That’s a 2.3% drop from the…
Call of Duty 2024 Preview: Everything You Need to Know
Get your headset on and hands warm—it’s time to dominate some noobs in Call of Duty. Well, it certainly will be later this year, at least. We’ve gotten a new Call of Duty every year since its second title in 2005 and it’s sure to be no different in 2024. Call of Duty has been in hot water lately after…
What is Jupiter (JUP)? What You Need To Know About Its Airdrop on Solana
The Jupiter (JUP) token launch on Solana is an upcoming event within the cryptocurrency and decentralized finance (DeFi) sector. Jupiter, a decentralized exchange (DEX) aggregator, is set to distribute the JUP token on January 31, with claims opening at 10am ET. This distribution is part of a broader strategy to integrate the token within the Solana ecosystem. Eligibility and Distribution…
How Generative AI Makes for a More Inclusive Metaverse in ‘Avalon’
How Generative AI Makes for a More Inclusive Metaverse in ‘Avalon’ Avalon Chief Product Officer Jeffrey Butler speaks with Decrypt reporter Jason Nelson about the use of generative AI within the upcoming game and how it will help players from anywhere and everywhere truly see themselves represented in the online world. Source: https://decrypt.co/videos/interviews/J5j39bBG/how-generative-ai-makes-for-a-more-inclusive-metaverse-in-avalon
Proto-Danksharding Ahoy! Ethereum Upgrade Clears Another Hurdle
A highly anticipated upgrade to the Ethereum network, called Dencun, crossed a major hurdle, becoming active on the Sepolia testnet on Tuesday. The development follows activation on the Goerli testnet earlier this month. Dencun introduces “proto-danksharding” to the number one proof-of-stake blockchain. Proto-danksharding is designed to reduce transaction costs for layer-2 blockchains, making data availability cheaper while also addressing scalability…
Top Hollywood Agency WME Taps AI Startup Vermillio to Combat AI Deepfakes
As celebrities wage an increasingly fierce fight to combat AI-generated deepfakes—perhaps most notoriously Taylor Swift last week—prominent talent agency WME announced a deal with Chicago-based tech company Vermillio that aims to better arm the performers they represent from having their images manipulated and exploited online. The deal with Vermillio, The New York Times reported on Tuesday, will allow WME to…
Solana Network Activity Surges as Crypto Traders Turn Bullish on SOL
Solana is having a strong week with SOL up 25% over the past seven days, popping back above the $100 mark after dipping below $80 last week. The latest revival comes amid surging network activity ahead of Wednesday’s Jupiter token airdrop. According to data from CoinGecko, Solana has ticked up about 2% on the day to a current price of…