86-year-old to pay $14M after admitting to running crypto Ponzi scheme

The price of Bitcoin (BTC) has started to recover on Dec. 12 after briefly dropping below $17,700 yesterday. Whale clusters show that the $18,600 level remains the biggest short-term roadblock for BTC.Whale clusters form at a price point where whales accumulate Bitcoin and do not move their holdings. Since whales are more likely to sell…

Two major cryptocurrency exchanges could soon have Walt Disney Corp. as their owner if a $13 billion equity deal goes through, South Korean English-language daily news outlet The Korea Herald reported on April 17.Citing a banking industry source speaking to another publication, JoongAng Ilbo, The Korea  Herald revealed the chairman of online gaming giant NXC…

Many students who participated in the 2014 MIT Bitcoin Project lament quickly selling their free BTC for textbooks, sushi, and beer. 2902 Total views 5 Total shares In October 2014, the Massachusetts Institute of Technology (MIT) launched the MIT Bitcoin Project, an initiative that sought to give away $500,000 worth of Bitcoin to its undergraduate…

Mathematician Massimiliano Sala says current encryption methods won’t protect blockchain systems from quantum computers.

Binance Coin overtakes Tether to become the third-largest cryptocurrency by market capitalization after Bitcoin and Ether. 1802 Total views 7 Total shares Binance Coin (BNB), a cryptocurrency issued by the world’s largest crypto exchange Binance, has hit a major historical milestone, becoming the third-largest coin by market capitalization for the first time in history.At the…

Animoca Brands, the firm behind noted NFT-powered games The Sandbox and F1 Delta Time, has reported record revenue amid the COVID-19 lockdown. 2183 Total views 20 Total shares Animoca Brands, the firm behind blockchain-powered games The Sandbox, F1 Delta Time, and Crazy Defense Heroes, has reported unaudited revenue for the first four months of 2020…

Solana price has been on a tear lately, but critics say the network’s dependency on memecoins are a warning sign to keep an eye on.

After years of efforts, VanEck is finally launching a Bitcoin exchange-traded fund based on BTC futures. 1063 Total views 21 Total shares VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF.According to an official notice by the Chicago Board…

As Web3 gaming continues to evolve, more and more people are shifting to innovative models like play-to-earn games (P2E). In fact, the main hook for seasoned gamers is their ability to merge the thrill of playing and winning with earning money.  With the new Web3 landscape, the entire gaming dynamic is shifting: from one that…