Bitcoin ETFs are 'orange FOMO poker chips' that siphon on-chain funds back into TradFi

On March 7, Horizon Blockchain Games announced it has raised $5 million a fundraising round led by Initialized Capital — the investment firm co-founded by Reddit co-founder Alexis Ohanian. The raise comes ahead of the release for Horizon’s blockchain-based card game SkyWeaver.In the blog post, Horizon Blockchain Games co-founder Peter Kieltyka stated that the funds…

Crag Wright, the self-proclaimed Satoshi Nakamoto and chief scientist at NChain, has dropped a libel lawsuit against Adam Back over the Blockstream chief executive’s assertion that Wright was fraudulent in claiming to be the creator of Bitcoin (BTC).Wright filed the complaint alongside similar suits targeting Ethereum cofounder Vitalik Buterin, Bitcoin.com founder Roger Ver, podcaster Peter…

Upbit operator Dunamu plans to expand its joint NFT venture with South Korean entertainment firm HYBE. 486 Total views 16 Total shares Dunamu, the operator of major South Korean cryptocurrency exchange Upbit, is progressing with blockchain development as its blockchain arm Lambda256 secured new funding.According to a Dec. 15 announcement, Lambda256 raised 70 billion Korean…

A series of scam emails sent from Japan have been asking people to donate to the Olympic Games’ organization in Tokyo. 1065 Total views 32 Total shares The ongoing pandemic forced the postponement of the Olympic Games in Tokyo. This has triggered a series of online crypto-related scams, including an email from alleged members of…

Earlier this week on-chain analyst Willy Woo released a new price model for Bitcoin (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin may be just one month away from an official bull market.Will a BTC bull market begin in July?The price of Bitcoin…

The revolution will not be televised — it will be minted. Earlier this year, we saw the meteoric rise (and fall) of nonfungible tokens, or NFTs, in mainstream media and popular culture. We all heard about them, but was the hype real? Top businessmen and media moguls, such as Mark Cuban and Gary Vee, still…

Former OpenAI researcher Leopold Aschenbrenner is confident that an AI lab will be able to train a GPT-4-level model in a minute in 2027, versus three months in 2023.

Buterin asks whether crypto prediction markets reflect the wisdom of the crowd or are skewed by illiquidity and the political bias of their social base. 3972 Total views 29 Total shares On the eve of the United States presidential election, most mainstream polls are pointing to a highly likely Joe Biden victory, though this isn’t…

Navigating the world of cryptocurrencies can be nightmarish at the best of times. New coins and tokens are continually emerging, and volatility means that digital assets can be flying high one day and crashing the next.Understanding how the industry works and where opportunities lie can take an exhaustive amount of effort — and it could…