Mt. Gox just moved $3B in Bitcoin; here’s why the price barely blipped

The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.” 3310 Total views 80 Total shares Bitcoin detractors and those protesting the policies of El Savador President Nayib Bukele have destroyed a crypto kiosk in the nation’s capital city.News outlet Teleprensa and others posted videos on…

El Salvador, the first nation to adopt Bitcoin (BTC) as legal tender, has recently announced the relaunch of its wallet app Chivo, which is supposed to patch the previous version’s stability and scalability issues. The update is welcomed news for the Central American country’s crypto experiment, which faced some hurdles and harsh criticism over the…

Isaiah Stone won $100,000 worth of Bitcoin in a Voyager Digital-sponsored NBA shootout event. 1127 Total views 7 Total shares A Dallas Mavericks fan won $100,000 in Bitcoin (BTC) after making a series of shots in a National Basketball Association (NBA) shootout event sponsored by crypto brokerage firm Voyager Digital. Isaiah Stone, the winner of the…

Hong Kong’s financial watchdog says it is concerned over the rising popularity of stablecoins, as it invites the public to give their say on the merits and challenges of e-HKD. 157 Total views 17 Total shares The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a just…

Major Polkadot ecosystem investors are backing the DeFi protocol. 2416 Total views 13 Total shares Equilibrium, a Polkadot-based decentralized finance project and parachain candidate, has raised $2.5 million from a number of venture funds primarily involved in the Polkadot ecosystem.Heavy Polkadot backers like KR1, Signum Capital and Hypersphere Ventures joined Equilibrium’s round. Other participants from…

The millionaire investor thinks that the market bottom will be marked by “total panic,” at which point weak companies with “idiot managers” will be weeded out and the industry can continue to grow. 698 Total views 18 Total shares Millionaire investor from the Shark Tank TV show Kevin O’Leary says there’s going to be “total…

Investors have faced a tumultuous year in 2022 as stocks, bonds, and the cryptocurrency sector have all witnessed sharp declines. As of Nov. 30, the performance of a traditional portfolio comprising 60% stocks and 40% bonds has been the worst since 1932, according to a report by Financial Times.The next big question troubling crypto investors…

Dapper Labs, developer of the world’s most used blockchain app CryptoKitties, has received $15 million in another financing round, global news agency PR Newswire reported on Nov. 1.The new funding will help the Canada-founded Dapper Labs to expand it services on a local and global scale, as well as to address infrastructure issues and to…