Reddit offloads most of its Bitcoin, Ether holdings
The bulk of Reddit’s cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.
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AMD: ‘Blockchain-Related GPU Sales in Third Quarter Were Negligible’
In its quarterly financial results report published Oct. 24, semiconductor manufacturer AMD reveals that “blockchain-related graphics processing unit (GPU) sales in the third quarter were negligible.”American semiconductor company AMD stated in its third quarter 2018 financial report that revenue rose to $1.65 billion, up 4 percent year-over-year, although the figure is below estimates of $1.7 billion.…
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Bitcoin breaks 18-month hashrate uptrend. Are BTC miners capitulating?
Despite the drop in hash rate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000.
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Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
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‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trial
The U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud. 382 Total views 1 Total shares Sam “SBF” Bankman-Fried’s trial has entered the final stages, with the prosecution delivering its closing arguments in the case on Nov.
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Warner Music Group announces partnership with blockchain gaming developer Splinterlands
The popular blockchain game recently surpassed the milestone of 1 billion battles. 336 Total views 3 Total shares On Wednesday, Warner Music Group announced it had entered into a partnership with fantasy-themed collectible card game developer Splinterlands. The two companies will collaborate and enable opportunities for WMG artists to create and develop play-to-earn, arcade-style blockchain…
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Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins
Crypto firm Bakkt appears to be returning to digital asset custody as its primary business, adding support for six new coins, according to an announcement on Nov. 15. Aside from Bitcoin (BTC) and Ether (ETH), Bakkt will expand its custodial support to include Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum Classic (ETC), Litecoin (LTC), Shiba Inu (SHIB) and
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Why does Ethereum have an intrinsic value?
Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs)…
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Swiss Real Estate Company Closes A $134 Million Deal Using Blockchain
A building on the prestigious Banhofstrasse in Zurich, Switzerland was successfully tokenized and sold on the blockchain today.The new owner of the building is Swiss real estate investment company BrickMarket. The company has issued bond-backed crypto tokens that figuratively represent “shares” of ownership in the building,. Those tokens are for sale to individuals who want…