Author: Anshul

Riot Bitfarms Hostile Takeover: A Power Play in Bitcoin Mining

In a bold move within the cryptocurrency mining industry, Riot Platforms (RIOT), the third-largest Bitcoin mining entity on Wall Street, is escalating its hostile takeover bid for Bitfarms (BITF), a smaller competitor based in Canada. As of August 13, Riot has increased its stake in Bitfarms to 19%, following the acquisition of an additional 1 […]

Australia’s AI Media Literacy Challenge

Media Literacy Lagging Behind AI Advancements New research from Western Sydney University reveals a concerning trend in Australia: media literacy is not keeping pace with rapid advancements in artificial intelligence (AI), leading to increased vulnerability and potential societal divides. The Digital News Report: Australia 2024 highlights a significant distrust in media, with only 26% of […]

Why Did PiP World Target Roblox?

PiP World’s Bold Move Last week marked a strategic pivot for the crypto educational gaming startup PiP World with its acquisition of StockRise, a popular stock-trading game on Roblox. This move raised questions about the intentions behind a crypto-centric company venturing into a platform primarily populated by the younger demographic. Roblox’s Educational Niche Roblox, known […]

Schumer’s Year-End Crypto Legislation Promise

Sen. Chuck Schumer (D-NY), the Majority Leader of the U.S. Senate, pledged robust efforts to pass significant cryptocurrency legislation by the end of the year. Addressing participants during a digital town hall meeting titled Crypto4Harris, Schumer emphasized the urgency of regulatory clarity for the burgeoning cryptocurrency sector. Addressing Crypto Regulation Urgently During the livestream event, […]

Gigachad GIGA Coin Surge: Celebrity Endorsements Fuel Rise

The cryptocurrency community is buzzing with excitement as the Solana-based meme coin, Gigachad (GIGA), experiences a significant surge in value, following high-profile endorsements from notable public figures such as Ernest Khalimov and bodybuilder Mike ‘Titan’ O’Hearn. This recent increase highlights the potent influence of celebrity backing in the volatile realm of digital currencies. Background of […]

Goldman Sachs Bitcoin ETFs: Major New Investments Revealed

Goldman Sachs has publicly revealed significant investments in Bitcoin-related exchange-traded funds (ETFs) through its recent 13F filing, marking a pivotal shift in its approach to digital assets. The filing, which covers the quarter ending June 30, shows the banking giant embracing cryptocurrency with substantial holdings in several prominent Bitcoin ETFs. Details of Goldman’s Bitcoin Investments […]

El Salvador Bitcoin City Investment Boosts Infrastructure

El Salvador is set to receive a monumental boost in infrastructure with a $1.62 billion investment from Yilport, a Turkish holding company. This investment, the largest private investment in El Salvador’s history, is earmarked for two of the country’s major seaports, supporting the ambitious plans for the construction of the proposed “Bitcoin City.” Details of […]

Crypto Market Volatility: A Week of Dramatic Fluctuations

This past week epitomized the volatile nature often associated with cryptocurrency markets. The week began tumultuously for Bitcoin and other major cryptocurrencies, influenced by global economic signals and regulatory news, only to see a partial recovery as the days progressed. Initial Market Turmoil Bitcoin’s price dipped below $50,000 early in the week, a response primarily […]