Crypto.com sponsors golf tournament with prize of $10M in CRO token
Crypto.com is sponsoring the first golf tournament with a crypto purse on Dec.14 in Las Vegas.
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True or false? A single NFT can power a European household for 1.5 months
The recent boom in non-fungible tokens, or NFTs, has been accompanied with controversy and concern over the technology’s environmental impact due to the computational power required.Out of all transaction types on a blockchain, NFTs are some of the most intensive of them all as they often involve numerous complicated transactions and executions of smart contracts…

VC Roundup: Web3 infrastructure developers attract major investors
Venture capital from Pantera, Coinbase Ventures, Alameda Research, ConsenSys and Crypto.com is making its way to Web3 projects. 767 Total views 14 Total shares Despite extreme volatility in the price of crypto assets, venture funds continue to make strategic investments in the industry. In recent weeks, the focus has shifted to infrastructure developers in Web3,…

Why Bitcoin price just flash crashed 6% after rejecting at $18.5K
The price of Bitcoin (BTC) dropped sharply after approaching $18,500 on Binance and Coinbase. The plunge took place as large sell orders were spotted on both spot and futures exchanges.BTC/USD 15 minute chart. Source: TradingView.comAs Cointelegraph previously reported, traders anticipated a pullback as the price of BTC neared the $18,000 to $19,000 resistance zone. Upon its…

Binance launches Web3 wallet for its 120M registered users
The Binance Web3 wallet has been launched within the primary Binance app, which is predominantly used for trading cryptocurrencies. 170 Total views 2 Total shares Crypto exchange Binance announced the launch of its new Web3 wallet at the Binance Blockchain Week conference in Istanbul, to be made available to all users via the Binance mobile

Softbank announces $100B investment in US AI infrastructure
The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida.

Bitcoin price would surge past $600K if ‘hardest asset’ matches gold
Bitcoin (BTC) is due to copy gold’s explosive 1970s breakout as it becomes the world’s “hardest asset” in 2024.That was one forecast from the latest edition of the Capriole Newsletter, a financial circular from research and trading firm Capriole Investments.Bitcoin due big moves "and more" in 2020sDespite BTC price action flagging at nearly 80% below…

Gatorade trademark applications hint at joining the metaverse
Should Gatorade go meta, it may join a number of major food and drink brands exploring virtual offerings, including Coca-Cola, McDonald’s and Anheuser-Busch. 90 Total views 18 Total shares Stokely-Van Camp, the beverage company with the original rights to market and produce Gatorade, may be exploring releasing virtual sports drinks in the metaverse.According to records…

Crypto Pyramid Scheme in Uganda Steals Employees’ Money and Closes
An alleged cryptocurrency pyramid scheme in Uganda has fled after defrauding dozens of victims that invested in and worked for the scheme.Dunamiscoins Resources Limited opened in Masaka last month and started inviting individuals to invest and become part of its “digital currency network,” independent Ugandan newspaper Daily Monitor reports Dec. 5. The firm’s offices closed…