Bitfinex partnership pushes crypto adoption in Latin America

Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional investors.According to an SEC filing that came into effect on Dec. 2, the New York Digital Investment Group LLC (NYDIG) is now authorized to offer…

It's a tale of two Bitcoins as active miners reap the benefits while others remain completely offline. 611 Total views 5 Total shares Bitcoin (BTC) miner revenue jumped after the network saw its biggest-ever difficulty drop, data shows. According to figures from monitoring resource Blockchain, daily revenues have surged by over 50%."Interesting dynamic" hits Bitcoin miningBitcoin…

Blockchain-based PC games distribution platform Ultra.io has announced on Oct. 2 that its first three block producers (BPs) are Bitfinex, EOS Rio and EOS New York.All three future network maintainers are EOS BPs while Bitfinex is also a major and well-known cryptocurrency exchange.Making the gaming industry fairerPer the announcement, the three entities will help Ultra…

The developer behind popular NFT projects PUNKS Comic and MetaHero Universe, alongside investors Velvet Sea Ventures and 01A, plan to pioneer Web3 storytelling via new company. 307 Total views 5 Total shares Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes,…

ChatGPT is a powerful new AI tool, capable of problem-solving, advanced coding, answering complicated questions and now–spelling out the end of fiat currencies.Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin (BTC) would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread.You're not going to believe…

A large cryptocurrency trader, known as a whale, lost more than $308 million on a leveraged Ether position, underscoring the risks of leveraged trading during volatile market conditions. The unknown crypto trader was liquidated on their 50x leveraged long position for over 160,234 Ether (ETH), worth more than $308 million at the time of writing

In the last 30 days, over 53% of NFT investors made losses on sale trades. Despite the cold market sentiment, the number of investors that hold their NFT investments continues to rise. 245 Total views 33 Total shares The market performance of blue chip nonfungible tokens (NFTs), often considered a good long-term investment, revisited its…

Filecoin has become the official storage partner of the Flow Blockchain, with the firm working to provide decentralized storage for NFTs minted on Dapper Lab's network. Filecoin has officially become the storage collaborator for the Flow Blockchain. Filecoin said in an Oct. 13 announcement that the move was a part of a push to ensure…