Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
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Exodus wallet integrates with SportX to enable esports betting with crypto
Cryptocurrency and smart contracts are redefining the future of online betting. Esports, meanwhile, represent a growing market for gambling. 785 Total views 4 Total shares Cryptocurrency wallet Exodus has officially integrated with SportX, an online sports and crypto betting platform, giving users the ability to wager on esports games through smart contracts executed on the…
Bloomberg Report: Fidelity Will Start Institutional Bitcoin Trading Within Weeks
United States $7 trillion investment firm Fidelity will reportedly roll out bitcoin (BTC) trading for institutional clients in the coming weeks, Bloomberg reported on May 6.Citing a source who asked to remain anonymous, the publication revealed Fidelity’s cryptocurrency-focused spin-off, Fidelity Digital Assets, would be adding to the existing range of services.The subsidiary launched in October…
Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
On May 12, the total crypto market capitalization reached its lowest close in 10 months and the metric continues to test the $1.23 trillion support level. However, the following seven days were reasonably calm while Bitcoin (BTC) gained 3.4% and Ether (ETH) added a modest 1.5%. Presently, the aggregate crypto cap stands at $1.31 trillion.Total…
Bitcoin Is Totally Different Than Libra: Calibra Head David Marcus
David Marcus, the head of Facebook’s forthcoming cryptocurrency wallet Calibra, said that he is a fan of Bitcoin (BTC), but it is totally different than the proposed Libra stablecoin.Bitcoin is digital gold, Marcus SaysIn a Squawk Box interview on Oct. 16, Marcus stated that he has been looking at Bitcoin since 2012 and considers it…
Binance Reverses Vote in Apparent Steem Takeover, Steemit Comms Head Resigns
On March 3, Binance CEO Changpeng Zhao announced that the exchange had removed its votes that contributed to a sudden shift of control over the Steem blockchain.Earlier today, leading exchanges Binance, Huobi, and Poloniex came under fire for allegedly mobilizing customer deposits to vote in what has been described as a hostile takeover of popular…
Mark Cuban faces class action lawsuit for promoting Voyager crypto products
The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings. 251 Total views 5 Total shares Mark Cuban, the billionaire entrepreneur who has been quite active in the crypto ecosystem for the past year, is facing a…
Nasdaq Is Quietly Testing Bitcoin-Based Product Under CXERX Indice, Analyst Suggests
The world's second-largest stock exchange, Nasdaq, is allegedly testing trading of a bitcoin (BTC)-based product, according to a tweet by an analyst at quantitative trading analytics service StrongMarket on April 22.Twitter personality Cryptopolis, a quantitative analyst at StrongMarket, tweeted that he bought one bitcoin through an account on retail brokerage firm TD Ameritrade (NASDAQ: AMTD)…
Philippine regulator tells Axie Infinity players they must pay tax on income from game
The Philippine government is yet to determine whether Axie’s in-game NFTs should be classified as securities or currency. 537 Total views 221 Total shares Amid the enormous success of crypto-powered game Axie Infinity in the Philippines, the local Department of Finance has made clear that it wants a cut of profits generated by playing Axie…