In a bid to create a blockchain version of the popular Y Combinator framework, ARC—an NFT-gated community of over 850 members—raised $4.5 million, the group announced on Tuesday. “We spent over two years curating a global powerhouse of connections, expertise, developers, creators, and influencers to create a comprehensive ecosystem that helps ambitious Web2 brands and Web3 projects in Asia succeed,”…
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS is seeking support from the Nigerian National Assembly to implement […] Source: https://news.bitcoin.com/nigeria-aims-to-include-cryptocurrencies-in-tax-system-overhaul/
Tesla is on the hunt for a new kind of employee: so-called “data collection operators” who will help train their Optimus robots. However, the data being collected will be their body movements, recorded with motion capture equipment. The job, posted on the Tesla Careers site, is offering $25.25 to $48 per hour for the right candidates to “wear a motion…
OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain’s fault-proof system. While some high-severity vulnerabilities were encountered during external audits, OP Labs stated that none had been exploited. Optimism Proposes Network Upgrade […] Source: https://news.bitcoin.com/optimism-finds-vulnerabilities-in-fault-proof-system-proposes-upgrade-to-patch-them/
Despite falling prices, the craze for trading dog and cat memes may be far from over—it’s simply branching out to new blockchains. Tron’s flagship meme coin, Sundog (SUNDOG), is flying high since launching on August 15, making waves on Crypto Twitter as the network’s first buzzy meme coin. At the time of writing, its market cap has surged to $126…
Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could be reached as soon as next year if geopolitical issues and central bank demand persist. Financial Analysts […] Source: https://news.bitcoin.com/financial-analysts-estimate-gold-might-reach-3000-propped-up-by-rate-cuts/
Bitcoin’s price consolidation could convince traders that it’s time to play with altcoins. BNB, TON, AAVE and HNT are the ones on Cointelegraph’s radar. Source: https://cointelegraph.com/news/bitcoin-s-range-bound-price-action-could-kickstart-bnb-ton-aave-and-hnt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The most expensive CryptoPunk ever sold changed hands on Monday for an undisclosed sum, amidst a historic downturn in the value of “blue chip” NFTs. CryptoPunk #5822—one of nine ultra-rare Alien Punks in the collection of 10,000 Ethereum NFTs—previously sold for nearly $24 million to crypto executive Deepak Thapliyal back in February 2022. Early Monday, Thapliyal announced he had finally…
On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing. Source: https://cointelegraph.com/news/hash-ribbons-signal-end-miner-capitulation-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Marathon Digital executives met earlier this month with Democratic National Committee Chair Jamie R. Harrison and his advisors, the Bitcoin mining firm’s Senior Vice President of Government Affairs Jayson Browder told Decrypt. The revelation is another sign that Democrats are taking heed of the crypto crowd, despite the industry’s lack of representation in the party’s newly released platform. The meeting,…
