Day: June 24, 2024

Metaplanet’s Bold Bet: Issuing Bonds to Buy More Bitcoin

Metaplanet, the public Japanese firm that has been heavily investing in BTC since April. Late Sunday, Metaplanet announced plans to issue another 1 billion yen ($6.2 million) in ordinary bonds to purchase more Bitcoin. At current prices, this would add approximately 101 additional BTC to its balance sheet, supplementing its existing total of 141.07 BTC. […]

White House Rehires Pro-Crypto Advisor: A Policy Shift?

Biden Administration’s renewed engagement with crypto policy, the White House has rehired Carole House, a cybersecurity advisor who previously guided the president on his 2022 crypto-focused executive order. House, who advised President Joe Biden from 2021 to 2022 as a director on the National Security Council with a focus on cybersecurity and digital innovation, is […]

Riot Abandons Bitfarms Takeover: What’s Next?

Bitcoin mining giant Riot has announced its decision to abandon a months-long hostile takeover attempt of the Canadian mining firm Bitfarms—at least for now. Facing staunch opposition from Bitfarms and the implementation of a “poison pill” defense strategy by Bitfarms’ shareholders, Riot has decided to withdraw its bid to acquire Bitfarms at $2.30 per share. […]

Jason Derulo’s Meme Coin Drama: Scam or Strategy?

Jason Derulo is the latest celebrity to launch a meme coin on Solana, only to claim he was scammed by the infamous celebrity coin promoter, Sahil Arora. However, Arora insists it was all part of the plan. On Sunday, the renowned R&B singer announced the launch of JASON, a meme coin via Pump.fun. Less than […]

MetalCore’s Bold Move: Token Launch, and Fresh Features

Studio369, the mastermind behind the sci-fi mech shooter MetalCore, has announced a major development: the launch of its Ethereum token this week, coinciding with the third phase of its closed beta. This update promises to bring new gameplay modes and economic features to the blockchain-based game. Kicking off on June 27, MetalCore’s Closed Beta 3 […]

Power Play: Hut 8 Nets $150M to Conquer AI—What’s Next?

North American Bitcoin mining firm Hut 8 has made headlines with a significant financial milestone, announcing a $150 million strategic investment from Coatue. This investment, structured as a convertible note, is set to catalyze Hut 8’s ambitious expansion into the AI infrastructure market. As the demand for AI compute capacity continues to rise, outstripping the […]

Ready to Rule? AI Arena’s NRN Token Revolutionizes Gaming!

The AI-driven fighting game AI Arena has officially launched its much-anticipated NRN token, set to kick off following an engaging play-to-airdrop campaign this spring. This announcement comes as a beacon of progress within the blockchain gaming sphere, particularly for those keen on the integration of artificial intelligence in gaming. Earlier in the year, AI Arena […]

Unveiling Secrets: This Week’s Top Crypto Game Shocks!

This crypto and NFT gaming space is bustling with excitement, filled with fresh launches, enticing token airdrops, and an unending stream of updates. This week’s recap showcases pivotal moments in the gaming sphere, interspersed with hidden gems that might have flown under the radar. A standout feature is the release of Pixels Chapter 2, a […]