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 The at times wildly popular social app Friend.tech got a mixed reaction to news that it’s leaving the Base launch its own network, Friendchain, with infrastructure…
Month: June 2024
2nd highest weekly close ever — 5 things to know in Bitcoin this week
BTC price action is busy making impressive achievements despite staying rangebound below all-time highs — but Bitcoin volatility catalysts are right around the corner. Source: https://cointelegraph.com/news/2nd-highest-weekly-close-ever-5-things-bitcoin-this-week
Rapper Iggy Azalea to Sell Phones and Cell Plans for MOTHER Token or Sol
Australian rapper Iggy Azalea, co-founder of a telecommunication company, has announced the relaunch of the company with a unique twist. In a recent social media post, Azalea revealed that customers will now be able to purchase phones and month-to-month cell plans using $MOTHER or Sol. This move is part of a broader effort to increase […] Source: https://news.bitcoin.com/rapper-iggy-azalea-to-sell-phones-and-cell-plans-for-mother-token-or-sol/
Singapore alerts businesses to Bitcoin ransomware risk
Singapore police advised businesses against paying ransom to the bad actors in case of a compromise and asked them to report the incident to authorities immediately. Source: https://cointelegraph.com/news/akira-ransomware-targets-singapore-businesses
Are Bitcoin Cards Worth It?
If you’ve lived a day in the modern world, there’s a really high chance that you’ve interacted with a credit or debit card before. But what about crypto cards? Just like their traditional cousins, they can be used to make online and in-store purchases, earn rewards, and make transactions. Unlike the cards issued by banks, however, they store crypto assets.…
South Korea labels mass-produced NFTs as virtual assets
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023. Source: https://cointelegraph.com/news/south-korea-mass-produced-nfts-virtual-assets
AI Has Put a Weird New Face on an Old Amazon Prime Video Problem
AI has been used to put a terrifying new face to a long-running issue with Amazon’s Prime Video service. Earlier this week, a screenshot was posted on X showing a few different options for watching the iconic 1957 version of 12 Angry Men on Prime Video. At first glance, there’s nothing strange about that but on closer inspection, it’s apparent…
Bitcoin ETFs sucked up 2 months of BTC mining supply last week
In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May. Source: https://cointelegraph.com/news/bitcoin-etfs-buy-two-months-btc-mining-supply
Base TVL surges to $8B just days after overtaking OP Mainnet
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months. Source: https://cointelegraph.com/news/ethereum-layer-2-base-total-value-locked-passes-8-billion
Inflation Explained: What It Is and Why It Happens
While many are familiar with inflation, which indicates a decline in currency purchasing power alongside a general rise in the cost of goods and services in an economy, there is a common misconception that inflation is natural. In reality, it is largely driven by an increased money supply, manipulation of interest rates, and quantitative easing […] Source: https://news.bitcoin.com/inflation-explained-what-it-is-and-why-it-happens/