South Korean game developer Delabs Games announced plans to bring the popular role-playing game franchise Ragnarok to Telegram in Q1 2025, following a pivot by the company to embrace the messaging platform’s burgeoning crypto gaming scene. The Seoul-based company’s adaptation of the classic Ragnarok IP will focus on maze exploration gameplay while incorporating new social features designed specifically for the…
Month: November 2024
Canadian police praise Tether for 'swift' recovery of stolen funds
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities. Source: https://cointelegraph.com/news/canadian-police-praise-tether-swift-recovery-stolen-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FTX tries to reclaim $11M from Crypto.com-controlled Alameda account
Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users. Source: https://cointelegraph.com/news/ftx-debtors-reclaim-funds-crypto-com-alameda-research-account?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals
Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported incremental growth in its bitcoin production for October, maintaining consistent operational metrics while advancing its mining infrastructure. The publicly listed mining firm, which […] Source: https://news.bitcoin.com/hive-digital-reports-slight-rise-in-bitcoin-output-amidst-capacity-goals/
MicroStrategy shares up 20% in the week following Trump’s victory, rate cuts
MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027. Source: https://cointelegraph.com/news/micro-strategy-shares-up-20-week-following-trump-victory-rate-cuts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum enters ‘scarcity mode,’ paving the way for ETH rally to $6K — Analyst
Ether’s price metrics have replicated 3 key bullish actions which resulted in a 120% rally in Q1 2024. Will it happen again? Source: https://cointelegraph.com/news/ethereum-enters-scarcity-mode-paving-the-way-for-eth-rally-to-6-k-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC mulls approving Ethereum ETF options
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said. Source: https://cointelegraph.com/news/sec-delays-ethereum-etf-options-decision-once-more?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jack Dorsey’s Block Bets Big on Bitcoin Mining
Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In a letter to shareholders, Block identifies bitcoin mining as a key growth path, driven […] Source: https://news.bitcoin.com/jack-dorseys-block-bets-big-on-bitcoin-mining/
Republicans won the Senate, but 2 crypto races are still up for grabs
Democrat Ruben Gallego was leading in a race for Arizona’s Senate race, while Republican Sam Brown trailed in Nevada. Source: https://cointelegraph.com/news/republicans-win-us-senate-candidates-trailing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How Democrats Missed the Crypto Opportunity in 2024
In the aftermath of the 2024 election, the cryptocurrency industry has solidified itself as a key player in the U.S. political arena. With the GOP now controlling the presidency and the Senate, crypto PACs (Political Action Committees) have successfully backed candidates who support crypto regulation reform. The election results reveal a notable gap in the Democrats‘ approach to crypto regulation,…