Don't waste $6,400 on random gaming — Spend it on GameFi

May 28, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Today’s gamers are going to spend — on average — more than $6,400 on purchases they can’t use outside of the platforms on which they were purchased.

Over the past 15 years or so, social media has gained tremendous traction. Facebook, Twitter and YouTube have reached soaring heights as companies. Social media has its benefits, such as global connectivity and low barrier to entry. It also gives people a platform for expression. The sector has taken a dark turn in recent years,…

Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading Suspended

Hacked New Zealand-based cryptocurrency exchange Cryptopia has appointed David Ruscoe and Russell Moore from consultancy and audit firm network Grant Thornton New Zealand as liquidators. The news was revealed in an official Grant Thornthon announcement on May 15.Grant Thornton New Zealand (NZ) is the local network of Grant Thornton International — a major professional services…

Bitcoin decentralization is a matter of national security — Auradine CEO

According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.

Why are non-KYC exchanges trending? Here’s what you need to know

Non-KYC exchanges are trending due to their appeal of offering anonymity, privacy and easier access for users who want to avoid identity verification requirements.

Bitstamp imposes KYC for Dutch traders withdrawing to external wallets

To comply with Dutch regulations, Netherlands-based Bitstamp users can no longer make withdrawals without first providing photographic proof they own the recipient wallet. 1343 Total views 7 Total shares Digital asset exchange Bitstamp has reportedly banned Netherlands-based users from withdrawing crypto to external wallets without first verifying they own the receiving address.According to a letter…

$300M in crypto liquidations accompanies Bitcoin’s surge to $44K

A two-phase surge sees BTC/USD add 15% on the back of continued macro market turmoil. 530 Total views 3 Total shares Bitcoin (BTC) hit $44,000 overnight on Mar. 1 as a rally that began Monday sparked unexpected results. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders warns of "massive variables" for BTC priceData from Cointelegraph Markets Pro…

Crypto inheritance: Are HODLers doomed to rely on centralized options?

Self-sovereignty is a core principle in the cryptocurrency space: Investors need to rely on a trustless, decentralized network instead of a central entity that has been known to devalue the holdings of others. One shortcoming associated with self-sovereignty, however, is inheritance.An estimated 4 million Bitcoin (BTC) has been lost over time and now sits in…

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20% of Binance’s new hires this year will be in compliance, says CEO

The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.

OpenAI looking at producing AI chips in-house: Report

OpenAI reportedly weighed up a chip making firm as an acquisition target so it could produce its own AI chips. 158 Total views 3 Total shares OpenAI, the company behind artificial intelligence chatbot ChatGPT, is reportedly exploring the possibility of manufacturing processing chips in-house amid a global shortage of the expensive and difficult to produce

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