Category: Uncategorized

Magic Eden’s ME Token Faces Rocky Start

Magic Eden’s freshly launched ME token saw a turbulent debut, plummeting 67% from its post-launch high as users aired frustrations over a buggy mobile app and a convoluted claiming process. The NFT platform’s native token debuted on Dec. 10 at $6.70, briefly rallying to $13.10 before crashing to a low of $4.30, according to DexScreener […]

Google’s Willow Quantum Chip Sparks Crypto Security Debate

Google’s Quantum AI team unveiled Willow, its latest quantum computing chip, capable of solving problems in five minutes that would take modern supercomputers 10 septillion years—a number so vast it exceeds the universe’s age, according to Hartmut Neven, Google’s Quantum AI lead. Unprecedented Error Correction One of Willow’s standout achievements is exponential error correction, overcoming […]

Michael Saylor Urges U.S. to Sell Gold, Buy Bitcoin

MicroStrategy executive chairman Michael Saylor is once again stirring the pot, urging the U.S. government to sell its gold reserves and buy Bitcoin to strengthen the nation’s economic dominance. In a bold interview with Yahoo Finance, Saylor proposed that America could swap its 8,133 tons of gold—valued in the hundreds of billions—for 5 million Bitcoin, […]

Wall Street Bitcoin ETF Frenzy Hits $3.85B in Record Inflows

Institutional investors are fueling unprecedented demand for spot Bitcoin and Ethereum ETFs, pushing total inflows to a record-breaking $3.85 billion last week, according to a report from CoinShares on Monday. BlackRock Dominates the Market Leading the charge is BlackRock’s iShares ETFs, which contributed $3.2 billion of last week’s inflows, bringing BlackRock’s total crypto assets under […]

DeFi Hacks Are Now a ‘Full-Time Job’ for Attackers

Hacking decentralized finance (DeFi) protocols has become a “full-time job” for professional attackers, according to Mitchell Amador, founder of blockchain security firm ImmuneFi. Speaking to Decrypt at Web Summit 2024, Amador described DeFi hacking as “an infinitely sustainable and viable business,” even as the broader crypto industry becomes safer. Crypto Security Is Improving While DeFi […]

Eve Frontier Launches Founder Access Packs

CCP Games, the studio behind the iconic MMO Eve Online, has introduced Founder Access packs for its upcoming blockchain-powered space survival game, Eve Frontier. The packs, priced between $30 and $90, offer players early access perks, exclusive content, and the opportunity to shape the game’s development during its Closed Alpha phase. Purchasers can join an […]

Bitcoin Rebounds Above $100K After Sharp Pullback

Bitcoin has experienced a rollercoaster week, briefly smashing the $100,000 milestone late Wednesday before plummeting below $93,000 on Thursday amid massive market liquidations. Now, Bitcoin is clawing its way back, rising above the six-figure mark again early Friday afternoon. As of 12:45 PM ET, Bitcoin climbed to $101,878 before cooling to $101,233, effectively trading flat […]

BlackRock’s Bitcoin ETF Hits $50 Billion Milestone

BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed $50 billion in assets under management (AUM) in just 228 days, marking the fastest growth ever for an exchange-traded fund (ETF). For comparison, the previous record-holder, BlackRock’s iShares Core MSCI EAFE ETF (IEFA), took 1,329 days to hit the same milestone, according to Bloomberg’s senior ETF analyst Eric […]