DNA computing breakthrough could turn living cells into functioning blockchains
Scientists built a DNA computer capable of playing chess.
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Bitcoin Price Clings to $8K as Analysts Warn Market Has Turned Bearish
Bitcoin (BTC) managed to preserve support at $8,000 on Nov. 20, continuing an uneasy sideways pattern since dipping to $7,990 the day before.Cryptocurrency market daily overview. Source: Coin360Bitcoin markets “more bearish than expected”Data from Coin360 showed BTC/USD ranging between just above $8,000 and a 24-hour high of $8,150, with volatility limited since Tuesday. Previously, Bitcoin had…
Debt ceiling, bank crisis set for ‘powder keg’ explosion: BitMEX co-founder
Former BitMEX CEO Arthur Hayes believes it will cause significant volatility in Bitcoin as well, suggesting it won't likely reach a new all-time high this year. 1499 Total views 23 Total shares Former Bitmex CEO Arthur Hayes is expecting to see significant Bitcoin volatility in the latter half of the year, caused by a “powder…
Overstock’s VC Arm Puts $2M Into Blockchain-Based ID Systems Startup
Overstock’s venture capital arm Medici Ventures has made a $2 million investment into Salt Lake City-based Evernym, a startup that develops blockchain-based self-sovereign identity networks.Per a Sept. 26 press release, Medici invested $2 million into Evernym through participation in the company’s Simple Agreement for Future Equity (SAFE), closed on September 4, 2019. This allows Medici…
eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm
The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago. 209 Total views 3 Total shares On Tuesday, special purpose acquisition company (SPAC) FinTech Acquisition Corp. V announced that it terminated its purposed takeover of Israeli cryptocurrency exchange eToro via a…
$510M longs at risk if Ether repeats last weekend’s volatility
Even a small 2.25% decline this weekend could trigger the liquidation of over $500 million in Ether long positions.
BIS general manager urges central banks to “lead innovation” for CBDCs
Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. 110 Total views 1 Total shares Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes.In his opening remarks at a conference in Basel, Switzerland
OnlyFans’ parent company bought $20M of Ethereum as revenue surged
Fenix International, the parent company of OnlyFans purchased the cryptocurrency between 2021 and 2022. 570 Total views 1 Total shares The parent company of subscription platform OnlyFans has become the latest firm to reveal its cryptocurrency holdings, showing it invested nearly $20 million into Ether (ETH) in 2022.According to an Aug. 24 financial filing to…
Ethereum’s Hearthstone Rival Sets Volume Record After Blizzard Scandal
Ethereum (ETH) based trading card game Gods Unchained has far outstripped CryptoKitties by volume after a censorship scandal involving game-developer Blizzard.As blockchain research platform Coin Metrics noted on Nov. 12, the past month has seen activity explode for the game, with interest dwarfing that of CryptoKitties at its 2017 peak.Data: Gods Unchained volume five times…