The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the…
Month: April 2024
US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23 bitcoins, the fund’s holdings reduced to 314,145.2 bitcoins. Blackrock and Fidelity Absorb Bitcoin Despite GBTC’s […] Source: https://news.bitcoin.com/us-spot-bitcoin-etfs-see-55-1m-outflow-gbtc-divests-2048-btc-amid-market-volatility/
AI or Human? Music Fans Won’t Care, Says Avenged Sevenfold Frontman
The use of AI in music has caused a great divide among musicians, with some dubbing it “catastrophic” and others enthusiastically embracing the technology. For Avenged Sevenfold frontman Matt Sanders (aka M. Shadows), it’s not a question of if AI will gain traction in the music industry, but when. “Do I think humans are going to care in 20 years…
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. […] Source: https://news.bitcoin.com/usde-and-fdusd-experience-brief-depegs-amid-saturdays-crypto-market-shake-up/
Crypto.com Sponsorships May Attract SEC Scrutiny—Exec Says It’s Worth the ‘Trade Off’
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Crypto.com may not be the biggest crypto exchange by trading volume, but it’s certainly one of the most well-known. Lebron James plays in an arena named…
Crypto Advocates Weigh in on Bitcoin’s Sudden Drop Amid Middle East Tensions
On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other Western allied forces. Concurrently, bitcoin and the broader crypto economy experienced a significant downturn, with many analyzing the fundamentals in the context of a potentially intensifying military conflict. Community Reacts […] Source: https://news.bitcoin.com/crypto-advocates-weigh-in-on-bitcoins-sudden-drop-amid-middle-east-tensions/
Kiyosaki Reacts to $200 BTC Crash Prediction, Miners Offload BTC Ahead of Halving, and More — Week in Review
Robert Kiyosaki expressed his stance on potentially investing more in Bitcoin if its price plummets to $200, as economist Harry Dent has forecasted. Cryptoquant data reveals that Bitcoin miners are selling off their holdings in anticipation of the network’s upcoming halving event, which is expected to impact their rewards. JPMorgan has speculated that the SEC […] Source: https://news.bitcoin.com/kiyosaki-reacts-to-200-btc-crash-prediction-miners-offload-btc-ahead-of-halving-and-more-week-in-review/
This Week on Crypto Twitter: SEC Targets Uniswap, Bitcoin Runes Stir Hype
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt Twitter buzz this week exhibited a continued fixation on the crypto industry’s never-ending flow of legal drama, as well as steadily…
The Only Path Forward to Web3 Adoption: Unlocking Tech Synergy Through Collaboration
History has shown that collaboration is a powerful driver of digital innovation, propelled by the exchange of knowledge between scientists and engineers. Indeed, instrumental to the birth of the Internet was the collaboration between Bob Kahn and Vint Cerf in the 1970s, which enabled communication between computers and networks and unlocked the new digital era […] Source: https://news.bitcoin.com/the-only-path-forward-to-web3-adoption-unlocking-tech-synergy-through-collaboration/
Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges
A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered the ex-engineer to forfeit roughly $12.3 million. Ex-Engineer Sentenced to Three Years […] Source: https://news.bitcoin.com/former-security-engineer-sentenced-to-three-years-for-hacking-two-decentralized-exchanges/