Day: May 8, 2024

MixMob Game Hits Mobile Platforms

The Solana-based gaming universe, MixMob, is set to expand its reach with the upcoming mobile launch of its first game, MixMob: Racer 1. This strategic card-based racing game, which blends elements of popular titles like Mario Kart and Hearthstone, is scheduled to debut on the iOS App Store and Android Play Store on May 14, […]

Shrapnel Game Enhances Accessibility

The gaming industry is witnessing a significant integration of blockchain technology, and Shrapnel, the highly anticipated first-person extraction shooter, is at the forefront with its latest update. The game, which utilizes Avalanche blockchain assets, has introduced a groundbreaking feature that simplifies the purchasing process of its in-game currency, the SHRAP token. Traditionally, acquiring SHRAP required […]

Future of Finance: Beyond Just CBDCs

At the Financial Times Crypto and Digital Assets Summit, J. Christopher Giancarlo, the co-founder and executive chairman of the Digital Dollar Project, challenged the prevailing narrative surrounding Central Bank Digital Currencies (CBDCs). Giancarlo argued that the future of finance is not limited to CBDCs but includes crypto, stablecoins, and beyond, making a compelling case against […]

“No Hands” Crypto Stream Rugs Investors

Last weekend, the cryptocurrency community witnessed a curious and ultimately deceitful live stream on Twitch, where a man claiming to be physically unable to conduct a “rug pull”—a scam where developers quickly cash out of a project, leaving investors with worthless tokens—because he had no hands. The streamer, whose channel was fittingly named NoHandsNoRug, enticed […]

Coincheck Eyes Nasdaq Debut

Japanese cryptocurrency exchange Coincheck is poised for a major leap onto the global financial stage. The exchange expects to finalize its listing on the Nasdaq via a merger with special purpose acquisition company Thunder Bridge Capital Partners IV (THCP). This strategic move is anticipated to complete in the second or third quarters, marking a significant […]

Bitcoin Stabilizes Post-Halving, VRP Data Suggests

Arthur Hayes, former CEO of the BitMEX crypto exchange, recently indicated that bitcoin (BTC) has reached its lowest point, forecasting a gradual rise ahead. Reinforcing this perspective, an indicator known as the volatility risk premium (VRP) suggests a period of low volatility for bitcoin, signaling a potentially stable market environment beneficial for long-term investors. The […]

FTX Estate Proposes Generous Creditor Payouts

The FTX bankruptcy estate has unveiled a reorganization plan poised to significantly exceed the required payouts to creditors, a remarkable development 17 months following the cryptocurrency exchange’s Chapter 11 bankruptcy filing. According to the estate, an impressive 98% of creditors are slated to receive at least 118% of their allowed claims in cash within 60 […]

Grayscale Drops Ethereum ETF Plans

Grayscale, a leading crypto asset manager, has recently retracted its intention to launch an exchange-traded fund (ETF) for Ethereum futures, officially withdrawing its application with the Securities and Exchange Commission (SEC). Initially filed on September 19, 2023, the proposal for the Grayscale Ethereum Futures Trust ETF has faced multiple delays, with the SEC citing the […]