Jan van Eck, the CEO of VanEck, has made waves in the cryptocurrency community by predicting that Bitcoin could surge to an impressive $350,000. This price target, if achieved, would mark a significant milestone for the world’s largest cryptocurrency. While Van Eck remains optimistic about Bitcoin’s future value, it’s important to critically analyze the basis
As a response to the increasing complexity of cybercriminal activities involving digital assets, the US Secret Service is set to receive enhanced investigative authority. The new bill introduced in the Senate by Senators Catherine Cortez Masto and Chuck Grassley aims to provide the Secret Service with the necessary tools to combat transnational cybercriminal activities effectively.
Recently, US developer Laguna Games and Crypto Unicorns DAO made a joint announcement regarding the shutdown of the Unicorn Party. This series of games, which included Bumpercorns, Mob Run, Unicorn Trivia, and real-money wagering features, aimed to reach a wider audience through simplified gameplay and rewarding systems. However, the decision to sunset these four titles
The Abu Dhabi Blockchain Center has recently been unveiled, symbolizing the region’s dedication to advancing innovation and growth within the Web3 ecosystem. The primary goal of establishing this center is to position Abu Dhabi as a global pioneer in blockchain technology and innovation. By serving as a hub for startups, enterprises, and academic institutions, the
When analyzing the current price of Bitcoin (BTC), it becomes evident that the cryptocurrency is facing a critical support level at $63,000. This support level, as highlighted by the crypto analyst DonAlt, plays a crucial role in determining the future price movement of Bitcoin. If Bitcoin fails to maintain this key level, there is a
Telegram, a popular social messaging platform, recently introduced a new in-app browser with built-in Web3 for its close to a billion users worldwide. This new feature aims at revolutionizing the way users interact with decentralized websites and applications, making it easier and more seamless than ever before. One of the key highlights of the new
Marathon Digital (MARA) recently reported a second-quarter revenue of $145.1 million, which was below Wall Street’s expectations of $157.9 million. This 9% shortfall was attributed to operational challenges faced by the company, including unexpected equipment failures, transmission line maintenance at its Ellendale site, an increased global hash rate, and the impact of the recent halving
A Bitcoin whale, identified as 12QVs…oN2qo, recently made a significant move by withdrawing 5,800 BTC ($387.88 million) from Binance within a span of two days. This action showcases the whale’s confidence in the flagship cryptocurrency’s potential for a substantial price increase in the near future. The whale is strategically positioning itself to capitalize on a
During the second quarter of this year, Riot Platforms experienced a significant net loss of $84.4 million, compared to $27.4 million in the same quarter of the previous year. This widened loss can be attributed to the ongoing impact of April’s Bitcoin halving. The company reported a total revenue of $70 million in the second
Moonfrost is a unique free-to-play farming RPG game that takes inspiration from popular classics like Stardew Valley, Animal Crossing, and Zelda. The game offers players the opportunity to expand their farm, immerse themselves in the world of Moonfrost, and build a team with other players to earn Solana-based NFTs and FROST tokens. In Moonfrost, players