Elon Musk’s dad plans $200M raise with ‘Musk It’ memecoin
The Musk It token was already launched in December 2024 by a Middle Eastern crypto firm, but has shed over 50% of its value.
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Mark Zuckerberg’s stablecoin project Diem officially shuts down
Meta, formerly branded as Facebook, has officially announced the closure of its digital currency project Diem after years of major efforts to move forward with the initiative.Announcing the news on Monday, Diem CEO Stuart Levey confirmed that Meta is selling intellectual property and other assets related to the Diem stablecoin project to its Silvergate Capital…
Bitcoin set to help communities — Latinx nonprofit now accepts crypto donations
“This funding mechanism will allow us to widen our donor base and reach a new generation of supporters,” said Corazón Latino founder Felipe Benitez. 134 Total views 2 Total shares An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.”Powered…
Analysts say $46,500 is the key level for Bitcoin to flip to support
The double-digit rallies seen from many altcoins shows traders are becoming increasingly bullish with the passing of each day, but maintaining this momentum will to some extent depend on Bitcoin's (BTC) short-term price action.Data from Cointelegraph Markets Pro and TradingView shows that after touching the $48,000 price level during the early morning trading hours on…
Curve omnipool platform Conic Finance hacked for $3.2 million in ETH
According to initial analysis by Peckshield, the root cause for Conic Finance’s hack was the new CurveLPOracleV2 contract. 144 Total views 1 Total shares Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool.Conic Finance has been exploited for $3.26 million in Ether…
Crypto Gaming Seems to Be Exploding During COVID-19
Bling’s crypto gaming apps have seen a surge of downloads in the wake of COVID-19. 1010 Total views 49 Total shares US-based crypto gaming company Bling has reported a significant increase in the number of people using its products since most of the world entered various stages of lockdown in response to the COVID-19 pandemic.According…
Is it possible to achieve financial freedom with Bitcoin?
Over the last 14 years, investors have been attracted to Bitcoin (BTC) for many reasons — from being a potential solution to the economic woes of the existing fiat economic system to reaching the unbanked and diversifying portfolios. However, a large portion of the general public sees Bitcoin as a gateway to financial freedom amid…
Atari’s VCS reboot promises standard blockchain gaming features
The hybrid console/PC will come with the Ultra blockchain-enabled gaming platform integrated into the system. Atari is the latest big name in gaming to get into the blockchain space with new functionalities on its forthcoming console.The Atari VCS was first released in 1977 to bring classics like Space Invaders and Pac Man into the home.While…
Binance Launches Dev Education and Collaboration Platform Binance X
Major global crypto exchange Binance has introduced its new developer-focused project, called Binance X. Bringing devs to relevant Binance programsThe exchange launched Binance X on Aug. 29, aiming to provide blockchain developers with all necessary resources to drive new solutions on Binance’s projects, as well as in the whole blockchain ecosystem, according to a press release…