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Nintendo Steers Clear of Generative AI in Game Development

Nintendo has officially announced its decision to avoid using generative artificial intelligence (AI) technology in its games, citing intellectual property concerns. This declaration was made by Nintendo’s president, Shuntaro Furukawa, during an investor Q&A session on Tuesday. Despite the growing popularity of generative AI for its creative capabilities, Furukawa expressed reservations about the potential legal […]

Bitcoin’s Freefall: What’s Behind the Drop Below $57,000?

Bitcoin’s price tumbled below the critical $57,000 threshold, reaching a low of $56,950 in early European trading on Thursday—a level not seen since early May. This drop takes the cryptocurrency below its crucial 200-day moving average of $58,492, marking a significant downturn in its market performance. The decline, which extends over three days, has sparked […]

Germany’s Bitcoin Sell-off Spree: What’s Driving the Strategy?

In a notable move on Tuesday, the German government transferred 282.74 BTC, valued at approximately $17.64 million, to major cryptocurrency exchanges including Bitstamp, Coinbase, and Kraken. This action occurred at 4:20 p.m. Central Indonesian Time, continuing a broader trend of divestment by Germany, with over 3,000 BTC moved to centralized exchanges in just the past […]

Robinhood Crypto Conquers All US States: What’s Next?

Robinhood Crypto has officially expanded its reach to all 50 states, including the U.S. Virgin Islands and Puerto Rico, marking a significant milestone in its operational footprint. Starting today, users across all U.S. territories can trade a diverse portfolio of 15 assets, such as Bitcoin, Ethereum, Dogecoin, and Avalanche. This expansion gives Robinhood a competitive […]

Crypto Rebounds: Solana Leads Altcoin Rally Amid ETF Buzz

This week, the cryptocurrency market began to shake off its June gloom, showing promising signs of recovery driven by a surge in investor interest, particularly in altcoins. Leading the charge is Solana (SOL), which outshone even stalwarts like Bitcoin (BTC) and Ethereum (ETH)—both of which saw declines of 5% and 3% respectively over the past […]

Mystery Bitcoin Whale Cashes Out $61 Million, Signaling Market Shift

A mystery Bitcoin whale has made headlines by transferring 1,000 BTC—valued at a staggering $61 million—to Coinbase, marking a potentially significant shift in their investment strategy. This activity, first detected by Arkham Intelligence, points to the whale preparing to cash out after nearly six years of holding the coins. Originally acquired in August 2018 when […]

Cannes Lions 2023: Unveiling the Fusion of Tech and Creativity

Every summer, the luminaries of advertising, marketing, and media converge on the French Riviera for the Cannes Lions International Festival of Creativity. Amid the bustling scene of awards, networking, and insightful discussions, this year’s festival was marked by a notable presence from Decrypt and Rug Radio in collaboration with Partouche Multiverse and NFT collection Joker […]

CleanSpark’s Bold $155M Gamble on Griid Amid Bitcoin Shake-Up

In a notable development in the cryptocurrency mining industry, CleanSpark, a sustainability-focused Bitcoin miner, announced its ambitious plan to acquire Griid Infrastructure. The deal, valued at $155 million, involves CleanSpark purchasing all common shares of Griid, which sent shockwaves through the market, resulting in a sharp 49% drop in Griid’s share price to $1.20. Despite […]