Day: April 26, 2024

Bitcoin ETFs See First Major Outflows

The recent surge in investments into new Bitcoin exchange-traded funds (ETFs) has come to a sudden halt, with investors withdrawing nearly $218 million from these products yesterday, as reported by London-based Farside Investors. This significant retreat marks a pivotal shift in investor sentiment towards cryptocurrency investments, particularly in the face of economic signals and monetary […]

Heroes of Mavia Rethinks Token Strategy

Heroes of Mavia, a mobile strategy game, has announced a significant revision to its token unlock schedule, seeking to address the rapid inflation of its supply. This change comes just a few months after the launch of its Ethereum-based MAVIA token. The game’s developers made the announcement late Thursday, which led to a dramatic 21% […]

Pantera Capital Acquires More Solana Tokens

Pantera Capital has reportedly expanded its Solana holdings by purchasing additional tokens from the bankrupt estate of FTX. The specifics of the transaction, including the exact number of Solana (SOL) tokens acquired in this recent bid, remain undisclosed due to the confidentiality requested by the source. This transaction is part of the ongoing strategy by […]

UK Boosts Power to Combat Crypto Crime

The UK’s National Crime Agency (NCA) and police forces have been endowed with expanded powers to “seize, freeze, and destroy” cryptocurrencies associated with criminal activities, signalling a significant intensification in the government’s efforts to regulate digital currencies. As per the latest update from the UK government, these new powers, effective immediately, will allow police to […]

Nilam Resources Abandons Bitcoin Acquisition

Nilam Resources, a company notorious for its tumultuous history on the OTC Markets, has announced a dramatic shift in strategy, abandoning its plans to acquire 24,800 bitcoins and halting a proposed merger with the Mauritius-based Mindwave. This decision marks the latest twist in a series of controversies and missteps that have plagued the penny stock. […]

MetalCore and Mon Protocol’s Rewarding Alliance

In a significant development in the world of blockchain gaming, MetalCore, an eagerly anticipated mech shooter game built on the Ethereum-based Immutable zkEVM network, has revealed a strategic collaboration with Mon Protocol. This partnership is intertwined with Pixelmon, another game under the Immutable umbrella, enhancing the gaming experience with integrated in-game quests and cryptocurrency rewards. […]

Stripe Re-enters Crypto with USDC Payments

Stripe, the prominent payments processor, announced its renewed engagement with the cryptocurrency world, revealing plans to enable merchants to receive payments in USD Coin (USDC) starting this summer. This development marks a significant stride for the San Francisco-based firm as it once again embraces the evolving digital currency landscape. USDC, the second-largest stablecoin by market […]

The Main Quest: Ethereum’s $50M Gaming Leap

Immutable, a prominent Ethereum gaming platform, unveiled a groundbreaking initiative on Thursday: The Main Quest. This rewards program is poised to redefine engagement within the blockchain gaming sphere, offering an astounding $50 million in token rewards. The program is designed to incentivize players for their activities on the newly introduced Immutable zkEVM network. Described as […]