Crypto-friendly gaming giant Tencent considering Ubisoft buyout: Report

Bitcoin price is still in a rut, trading near $33,000 and trapped in a downtrend that just seems to get worse with the passing of each day. As the price slumps, analysts have consulted with several technical and on-chain metrics to explain the price collapse, but none of these have picked up on the exact…

The energy usage and environmental impact of Bitcoin (BTC) mining have been frowned upon and been under the scanner by various international financial institutions. The International Monetary Fund (IMF) mentions how Bitcoin mining consumes “vast amounts of computing power and electricity.”Bitcoin mining is an energy-consuming process, as it is a proof-of-work (PoW) blockchain network that…

Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin’s rally above $60,000.

The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC. 1566 Total views 21 Total shares The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash.In an announcement published on…

Hacktivist group Anonymous has pledged to “make sure” Terra co-founder Do Kwon is “brought to justice as soon as possible” in regards to the collapse of the Terra (LUNA) and TerraUSD (UST) ecosystems in May. On Sunday, a video purportedly coming from the Anonymous hacker group rehashed a laundry list of Kwon’s alleged wrongdoings, including cashing…

Investors now have a better understanding not only about crypto assets but also the operational and procedural side of crypto, a new report states. 371 Total views 205 Total shares Crypto and blockchain investments continue to grow thanks to the ever-rising investor interest, according to a new report from Big Four accounting firm KPMG.Titled “Pulse of Fintech…

Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday. 610 Total views 18 Total shares The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a…

The legal teams for Binance, Binance.US and CZ filed a motion for the court to order the SEC to comply with “applicable rules of conduct” following allegedly misleading statements. A federal judge overseeing the lawsuit between Binance.US, Binance Holdings Limited and CEO Changpeng “CZ” Zhao and the United States Securities and Exchange Commission (SEC) has…

Cryptocurrency data and research company Messari is launching a disclosures registry for basic cryptoasset information, according to a press release published Nov. 27.Messari is a New York-based startup, which provides insights, markets data, and research tools in the crypto industry for investors, regulators, and the general public. In March, Messari secured between $1–$5 million in…