The price of Magic Eden’s freshly airdropped ME token dipped as low as 67% from its post-launch high amid a flurry of complaints from users. Source: https://cointelegraph.com/news/magic-eden-airdrop-me-token-drops-app-issues-reports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Roger Stone’s Website Spotlights Prosecution Story of Crypto Pioneer Roger Ver
Roger Stone, the veteran political strategist and vocal supporter of libertarian ideals, has voiced his strong backing for cryptocurrency pioneer Roger Ver on his website, Stonezone.com, spotlighting an editorial advocating Ver’s presidential pardon. Roger Stone Backs Roger Ver by Highlighting Editorial on Political Strategist’s Website Stonezone.com, the digital platform of American political consultant Roger Stone, […] Source: https://news.bitcoin.com/roger-stones-website-spotlights-prosecution-story-of-crypto-pioneer-roger-ver/
Musk’s “True Love” Artwork, Starbase 2050, Hits $800,000 at Sotheby’s Auction
PRESS RELEASE. New York, December 10, 2024 — Rui Huang’s Starbase 2050 achieved a remarkable $800,000 bid during Sotheby’s Digital Art Day Auction, with crypto whale @commandereeve leading the competition. The auction continues to draw global attention. Rui Huang, a visionary digital artist, is renowned for his sci-fi animations, which have garnered over half a […] Source: https://news.bitcoin.com/musks-true-love-artwork-starbase-2050-hits-800000-at-sothebys-auction/
Majority of altcoins may see a 'slow bleed' until late January 2025: VC
Crypto commentators say there is “not much alpha in chasing alts” right now, but are eyeing the possibility of Bitcoin retesting $99,000. Source: https://cointelegraph.com/news/crypto-altcoins-slow-bleed-january-2025-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP Demand
Ripple’s RLUSD stablecoin is launching imminently with NYDFS approval, poised to ignite XRP liquidity and ecosystem growth across major blockchains and partner platforms. Regulatory Green Light: Ripple’s Stablecoin Launch Is Around the Corner Ripple disclosed the forthcoming introduction of its stablecoin, RLUSD, on social media platform X Tuesday. The company emphasized the importance of vigilance […] Source: https://news.bitcoin.com/ripples-stablecoin-approved-rlusd-launch-could-supercharge-xrp-demand/
MARA Holdings buys another $1.1 BTC, hits industry-first 50 EH/s
MARA’s shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record. Source: https://cointelegraph.com/news/mara-buys-more-bitcoin-crosses-hashrate-milestone?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microsoft Votes No on Bitcoin Reserves: Michael Saylor’s Pitch Fails to Convince
Microsoft shareholders rejected a push to adopt bitcoin as a strategic reserve, dismissing claims it could add trillions in market value and mitigate shareholder risks. Microsoft Rejects Bitcoin Investment: What It Means for Shareholders Microsoft’s shareholders have voted against a proposal to include bitcoin in the company’s financial reserves, following guidance from the board of […] Source: https://news.bitcoin.com/microsoft-votes-no-on-bitcoin-reserves-michael-saylors-pitch-fails-to-convince/
Chinese Police Roll Out Nightmarish Crime-Fighting Robot
In a scene right out of Black Mirror, police in China have rolled out the newest innovation in autonomous AI-powered street crime fighting: A spherical, virtually indestructible, amphibious, heavily armed device that resembles a giant bowling ball. The RT-G, manufactured by Shenzhen-based Logon Technology Co., Ltd., is the Swiss Army knife of crime-busting technology. According to reports, the robot is…
Can Quantum Computers Break Bitcoin? Google’s Latest Chip Sparks Fresh Debate
Google’s announcement of its breakthrough Willow quantum processor has reignited debates about crypto security, with some observers suggesting quantum computers could break Bitcoin’s encryption. The tech giant claims its new quantum computing chip can complete certain calculations in five minutes, which would take traditional supercomputers an impractical amount of time to process. Quantum computing is a new type of computing…
Magic Eden Traders Rush to Claim Solana Token as Airdrop Value Tops $700 Million
The ME Foundation launched the ME token for users of leading NFT marketplace Magic Eden on Tuesday, with demand for the token driving complaints of issues with the claim process as the size of the airdrop topped $700 million. The ME airdrop was hotly anticipated, with users of Magic Eden hoping to be handsomely rewarded for their NFT marketplace activity.…