Record $56M CryptoPunk more likely a publicity stunt, says observer
Everyone’s talking about a newly sold $56 million CryptoPunk NFT, however, the transaction isn’t what it appears to be.
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Small and medium hodlers control 40% of the Bitcoin supply — data
Distribution "keeps getting better," says Willy Woo amid continued claims that Bitcoin as a network is too centralized. 1314 Total views 9 Total shares Bitcoin (BTC) ownership is becoming more decentralized every day, data shows, allaying fears that the supply is being controlled by an elite.Data from Glassnode reproduced by statistician Willy Woo on Feb.…
Near’s crosschain AI Assistant will soon book flights and order takeout for you
The NEAR.AI Assistant was launched at the Redacted conference in Bangkok over the weekend, along with a plan to build the world’s largest open-source AI model.
Multichain DApp protocol Astar raises $22M in latest round led by Polychain
Funds will be used for hiring industry-leading engineers to implement both EVM and WASM and to invest and nurture Astar native ecosystem projects. 248 Total views 41 Total shares Astar, a multichain DApp protocol formerly known as Plasm, has raised $22 million in its latest strategic fundraise.The funding round was led by Polychain and saw…
Coronavirus Financial Crash Is Bitcoin’s Biggest Test, BitMEX Says
BitMEX, the world’s second largest crypto exchange by daily trading volume as of press time, believes that amid the ongoing global coronavirus crash, Bitcoin faces its biggest challenge and the opportunity to prove its potential during the global financial crisis.The 2020 coronavirus financial crash could be the biggest opportunity Bitcoin has ever seenOn March 17,…
Hat-trick hero: Empty stadiums get blockchain and soccer to play together
In a first for professional soccer, Spanish team DUX Internacional de Madrid has used crypto to buy a new player. Ex-Real Madrid player David Barral is a new acquisition for the club facilitated by the cryptocurrency trading company Criptan.Although technically this is not the first recorded Bitcoin (BTC) transfer, amateur Turkish club Harunustaspor bought 22-year-old…
Robinhood suspends instant deposits for crypto purchases over DOGE spike
Market mayhem continues as WallStreetBets takes on crypto. 4808 Total views 24 Total shares Stock and cryptocurrency-trading platform Robinhood has temporarily disabled instant deposits for cryptocurrency purchases as of Jan. 29, citing "extraordinary market conditions."Users are still able to buy cryptocurrency using settled funds that have previously been deposited, although such deposits can take up…
‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance
Currently, trialogue for the Markets in Crypto Assets (MiCA) and Transfer of Funds (TFR) regulations is underway in the European Commission, the European Parliament and the Council of Ministers, which will be concluded in a few weeks. If adopted, the TFR would, according to experts, impose a vast financial surveillance regime on the European decentralized finance…
HectorDAO files for Chapter 15 bankruptcy in the US
The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses.