Ubisoft set to launch its first Web3 game on Oasys blockchain
Ubisoft enters the Web3 space with Champions Tactics, a tactical RPG leveraging blockchain for player-owned assets and unique champions.
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Telegram bot Banana Gun to absorb $3M loss from hack
Banana Gun has confirmed a $3 million loss caused by a vulnerability in its trading bot, which impacted experienced crypto traders.

Algo VC Fund Raises $200 Million to Fast-Track Ethereum Rival
Algo Capital has raised $200 million — double its original goal — for its venture capital fund. According to a news release shared with Cointelegraph on Aug. 27, the new fund will invest in businesses helping to build infrastructure for the Algorand blockchain — an open-source public ledger and cryptocurrency payment system that utilizes a Byzantine Agreement…

Bitcoin mining update: Stocks cool off, miners send BTC to exchanges to prep for halving
In July, Bitcoin mining stocks continued their positive 2023 run, with the top 10 stocks by market cap gaining 23.10% on the month on average, with a year-to-date return of 277.34%.In comparison, the Bitcoin (BTC) price lost 3.59% in July as it failed to build support above $30,000 for the sixth week since June. Despite a difficult…

First look: Spike Lee’s TV ad for crypto touts it as new money for a diverse world
Spike Lee’s new ad dubbed “The Currency of Currency” launched online today, and the two-minute spot depicts crypto as new money for a diverse world. The 64-year-old Oscar winning filmmaker directed and starred in the commercial for crypto ATM provider Coin Cloud, and in the ad, he explores themes such as racial and financial inequality,…

Investors shelter in short-term Treasuries, reducing Bitcoin’s chance of rallying to $30K
The price of Bitcoin (BTC) surpassed $28,000 on March 21, but according to two derivatives metrics, traders aren't very ecstatic after a 36% gain in eight days. Looking beyond Bitcoin’s stellar performance, there are reasons why investors are not fully confident in further price upside The recent rescue of Credit Suisse, a 167-year-old leading Swiss…

Coin Center responds to US lawmakers’ request for crypto tax guidance
Among the crypto advocacy group's suggestions included a De Minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops, and hard forks. Cryptocurrency advocacy group Coin Center has provided suggestions for United States lawmakers to consider in potential legislation related to taxation of digital assets.In an Aug. 21 letter to…

Travelers can now get US passports in as little as 4 weeks with Bitcoin
“Offering travelers the ability to pay via Bitcoin feels like the right move at the right time.” 1664 Total views 21 Total shares A California-based visa and passport processing company announced it would be accepting Bitcoin as a form of payment as the U.S. State Department's operations are beginning to return to normal.According to a…

Mark Mobius: Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates
Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will boost the price of gold. Canadian finance news outlet BNN Bloomberg interviewed Mark Mobius on Aug. 20. The legendary investor believes cryptocurrencies will help the rise of gold. He explained: “You have all these currencies, new currencies coming into play. [...] I call them ‘psycho currencies,’ because…