Category: Featured Article

Japan’s Metaplanet Adopts “BTC Yield” Metric

Japanese investment firm Metaplanet has taken a page from Michael Saylor’s MicroStrategy playbook, introducing a “BTC Yield” metric to gauge how Bitcoin acquisitions affect shareholder returns. Often referred to as “Asia’s answer to MicroStrategy,” the Tokyo-based firm disclosed on Thursday that it will begin using this metric to evaluate its growing Bitcoin portfolio’s impact on […]

Tesla Moves All Its Bitcoin in Major Wallet Rotation

Tesla, the electric car company led by Elon Musk, recently moved all of its Bitcoin (BTC) holdings in a series of significant transactions. But blockchain intelligence firm Arkham Intelligence reports that the coins were likely shifted to new wallets controlled by the company. Tesla, one of the largest publicly-traded companies to invest in Bitcoin, had […]

Fed’s Kashkari Criticizes Crypto as Tool for Criminals

Minneapolis Federal Reserve President Neel Kashkari continued his harsh critique of cryptocurrencies on Monday, dismissing them as primarily used for drug deals and illegal activities. Speaking at a town hall event in Wisconsin, Kashkari claimed that “very few transactions are actually happening” in the crypto world, reinforcing his long-standing skepticism of digital assets. Kashkari, who […]

Hexagon Studios’ Gaming Revolution

Hexagon Studios Revolutionizes Cross-Chain Gaming Hexagon Studios, a web3-native team renowned for their hit mobile game Honeyland, is making waves in the blockchain gaming industry. They’ve just launched TONs of Dungeons, a game that merges fun dungeon exploration with the power of blockchain rewards. In its first month alone, the game has attracted over two […]

Vitalik Buterin Proposes Lower Staking and Faster Finality

Ethereum co-founder Vitalik Buterin is proposing significant changes to Ethereum’s proof-of-stake (PoS) consensus mechanism. Just two years after the network transitioned away from proof-of-work. In a Monday blog post, Buterin explored several potential improvements to Ethereum’s PoS model. Including lowering the financial barriers for solo stakers and reducing the time it takes to finalize transactions […]

Avalanche to Repurchase AVAX Tokens from Terra Estate

In a move aimed at maintaining the integrity of its token agreements, the Avalanche Foundation announced it has struck a deal to repurchase 1.97 million AVAX tokens from Terraform Labs’ bankrupt estate. The tokens, originally acquired by the Luna Foundation Guard (LFG) in April 2022 for $100 million, are now valued at $56 million, following […]

Bitcoin Surges as China Stimulus Boosts Markets

Bitcoin jumped to a seven-day high late Sunday evening, reaching $64,300, as Asian stocks displayed mixed reactions following China’s announcement of new economic stimulus measures. The world’s largest cryptocurrency gained 2.5% on the day, marking its highest level since October 7, driven by positive market sentiment following China’s promise to “significantly increase” its debt to […]

$1.3 Billion in PlusToken Ethereum Could Soon Hit Exchanges

As much as $1.3 billion worth of Ethereum (ETH) seized from the infamous PlusToken Ponzi scheme could soon flood the market, according to recent on-chain data. The potential liquidation of these assets is raising concerns about the effect on Ethereum’s price. Especially as some of the funds have already made their way to major cryptocurrency […]