Hedera’s HBAR token pumps 96% on misinterpreted BlackRock announcement
A widely misinterpreted announcement from the HBAR Foundation has sparked confusion among crypto influencers and sent the price of HBAR token soaring.
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Australian TV Ratings Knocked Out in Ransomware Surge
A spate of global ransomware attacks has delayed Australian television ratings, compromised eight universities, and shut down a smart-wearables firm. 1006 Total views 19 Total shares Leading market research and data analytics firm Nielsen has been unable to provide overnight ratings this week for Australian TV viewers as a result of a ransomware attack.The TV…

Year of sponsorships: Celebrities who embraced crypto in 2021
Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets.In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram…

Hong Kong issuer seeks spot Bitcoin ETF for mainland China
Harvest CEO believes the Hong Kong-mainland China ETF bridge program could enable crypto ETF access in mainland China.

PayPal Leads $4.2M Funding Round for Crypto Risk Management Platform
Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs.In a Nov. 19 press release TRM Labs announced that it secured $4.2 million in an investment round led by PayPal, with participation from other top investors including Initialized Capital, Blockchain Capital and Y Combinator.Building solutions to prevent crypto…

Mt. Gox sees $3.2B BTC in outflows in just two hours
In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves.

Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions
“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics. 181 Total views 2 Total shares Epic Games, the company behind Fortnite, has slashed 16% of its workforce — approximately 830 staff — after unrealistic expectations of metaverse-inspired revenue caused it to spend “way

Coinbase finds flawed analysis in SEC's proposed exchange definition
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again.

A Product Development Team Just Made ETH Block Production Twice As Fast
Blockchain advisory and product development firm Akomba Labs conducted a test on the Ethereum network that shows it can make block propagation at least twice as fast.Coindesk reported on Nov. 27 that Akomba Labs — in collaboration with the scalability-focused blockchain startup BloXroute — ran a two-week test measuring the results of running BloXroute's Blockchain…