On Tuesday night in midtown Manhattan, crypto’s cultural elite celebrated the conquest of yet another corner of the luxury market, over sparkling wine and small bites at Swarovski’s glittering flagship store on Fifth Avenue. They were there to kick off the launch of a new line of algorithmically designed, Ethereum NFT-paired, and NFC-chipped custom hoodies, created by a dizzying web…
Month: September 2024
Bitcoin Billionaire Arthur Hayes Rates His Market Prediction Accuracy as ‘Pretty Shit’
Entrepreneur and former BitMEX CEO Arthur Hayes on Thursday disclosed a 25% success rate in his market predictions, rating himself as only getting 2 out of 8 calls correct over the past year. But the kicker, he wrote in his new essay, is that he’s remained profitable by leveraging macroeconomic trends in the long term. “So the Batting Average =…
‘Hamster Kombat’ Players Gripe as Telegram Game Airdrop Delivers ‘Dust’
On Thursday, the Telegram-based tap-to-earn game Hamster Kombat conducted its long-awaited airdrop, showering its users in HMSTR tokens. But whether players will continue tapping after that is an open question, with some users vocalizing disappointment online with their reward for months of touchscreen tapping. Out of the 300 million users who have played Hamster Kombat since late March, Hamster Kombat…
Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip
Bitdeer Technologies Group has successfully completed prototype testing for its SEAL02 bitcoin mining chip, marking a pivotal advancement in the company’s technological development. The chip exhibited a power efficiency ratio of 13.5 joules per terahash (J/T) when operated in low-voltage mode, a key achievement in Bitdeer’s roadmap. Bitdeer’s SEAL02 Chip Achieves 13.5 J/T Efficiency in […] Source: https://news.bitcoin.com/bitdeer-completes-testing-of-seal02-bitcoin-mining-chip/
Wall Street’s Guggenheim Treasury tokenizes $20M paper on Ethereum
According to Guggenheim Treasury Services, the product is the first digital version of commercial paper on the Ethereum network. Source: https://cointelegraph.com/news/wall-street-guggenheim-treasury-tokenizes-20-million-commercial-paper-ethereum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mark Cuban Isn’t Playing: He Really Wants to Chair SEC in Harris Admin
Apparently it’s not a joke. Mark Cuban reiterated his interest in leading the U.S. Security and Exchange Commission (SEC) on Thursday, confirming to Decrypt that he really is open to chairing the financial regulator if Kamala Harris is elected president in November. Cuban, an outspoken supporter of both the crypto industry and Harris’ presidential campaign, has long been critical of…
Dubai Crypto Regulations Mandate New Risk Disclaimers
New Dubai crypto regulations are set to enforce stricter guidelines for virtual asset companies operating within the United Arab Emirates (UAE). The Virtual Assets Regulatory Authority (VARA), Dubai’s cryptocurrency regulator, has updated its advertising policies, requiring crypto companies to provide clear risk disclaimers. This move aims to enhance consumer awareness of the volatile nature of digital currencies, which have the…
QED, Nexus aim to bring smart contracts to Dogecoin
The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said. Source: https://cointelegraph.com/news/qed-nexus-bring-smart-contracts-dogecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Story Behind a Crypto Investment Success
A recent crypto investment success has caught the attention of both the crypto community and skeptics alike. A trader transformed an investment of just $1,300 into a jaw-dropping $3.4 million within 15 days. While this story of turning a small investment into a life-changing fortune is inspiring, it also raises questions of insider trading or market manipulation. The Moo Deng…
Moo Deng Meme Coin Buyer Turns $800 Into $3.5 Million
On September 10, an anonymous trader whose Solana wallet address starts with “Db3P” bought 6 SOL worth of a new meme coin called Moo Deng. That $800 investment, which the trader made four hours after the token was launched, was worth around $3.5 million worth of the pygmy hippo tokens earlier Thursday, according to data from Arkham Intelligence. Alt season…