Stockrise, Roblox’s highest-grossing stock simulator game, has been acquired by the socialfi gaming platform Pip World for an undisclosed price. The acquisition is expected to help Pip users develop practical risk assessment and trading skills. The deal sees Stockrise join Pip’s social games ecosystem, which includes the immersive trading strategy simulator game Pip Trader. Boosting […] Source: https://news.bitcoin.com/pip-world-buys-roblox-stock-simulator-game-for-undisclosed-price/
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies. Robinhood Reports Record Q2 2024 Revenues Driven by Cryptocurrency Trading Robinhood Markets, Inc. […] Source: https://news.bitcoin.com/robinhood-reports-161-surge-in-q2-crypto-revenue/
The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023. Source: https://cointelegraph.com/news/bitcoin-bull-bear-cycle-indicator-price-60k-bullish-cryptoquant-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor Lawsuit […] Source: https://news.bitcoin.com/global-asset-freeze-targets-fugitive-cryptoqueen-and-onecoin/
Legendary game publisher Atari is back with its next augmented version of a classic video game, this time bringing the 1976 classic Breakout to Coinbase’s Ethereum layer-2 network Base. As a part of Base’s “OnChain Summer,” players can compete against others for a top spot on the Atari Breakout leaderboard. The players with the highest scores will have a chance…
The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by mid-2025. The firm stated that a majority of the new employees will be assigned to the compliance team, while others will join the finance team. A Finance Behemoth With a Lean Structure Stablecoin issuer Tether […] Source: https://news.bitcoin.com/tether-to-increase-its-workforce-to-200-by-mid-2025-says-ceo-paolo-ardoino/
When computer scientist and Bitcoin pioneer Hal Finney died in 2014 from complications from ALS, his body was cryopreserved by the Scottsdale, Ariz.-based Alcor Life Extension Foundation. For many in the life extension and transhumanist community, the idea of cryopreserving one’s body offers the hope of a kind of immortality, with the possibility of being revived in the future when…
Neither OpenAI nor other tech giants have produced systems capable of producing much, but that discourage stopped them from pushing for massive new investments. Source: https://cointelegraph.com/news/artificial-intelligence-bad-joke-investors-arent-laughing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored offloading of more than 17,500 ether coins, as well as […] Source: https://news.bitcoin.com/grayscale-report-liquidated-long-perpetual-positions-fueled-eths-black-monday-flash-crash/
U.S. tax authorities have unveiled a revised form for crypto investors, with the aim of simplifying digital asset holders’ taxes. The 1099-DA, released as a draft on Friday, offers more “ease and clarity” to tax filers with crypto investments, the IRS said Friday in a statement. The revamped form omits requirements from its previous iteration, including questions that some digital…
