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Bankrupt crypto exchange FTX begins strategic review of global assets
As part of the recent bankruptcy filing, the defunct crypto exchange FTX, along with 101 of the 130 affiliated companies, announced the launch of a strategic review of their global assets. The…
Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop
The annual supply rate of Ether (ETH) slipped below zero for the first time since Ethereum’s transition to proof-of-stake via the Merge in September. The reason? A spike in on-chain activity amid a…
Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO
Bitcoin (BTC) mining company Marathon Digital Holdings is now understood to be the second-largest holder of Bitcoin in the world among publicly-listed companies.During the company’s third-quarter…
Huobi Global denies ‘large-scale layoffs’ and key exec resignations
Huobi Global says it has no plans to conduct “large-scale layoffs” and has refuted reports that two of its top executives have resigned amid a takeover of the Seychelles-based crypto…
Steph Curry files trademark for the ‘Curryverse’ where players earn NFTs
National Basketball League (NBA) megastar Steph Curry looks set to introduce his own version of the Metaverse to NBA’s 650 million fans — filing a “Curryverse” trademark application on Oct. 26. If…
Binance Coin jumps to new BTC all-time high as Elon Musk’s Twitter fuels DOGE bulls
Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter.BNB/BTC 1-month candle chart (Binance). Source: TradingViewBinance…
FTX CEO dissects Mark Zuckerberg’s intent to pump $10B/year into Meta
Facebook’s rebranding into Meta was Mark Zukerberg’s latest attempt to retain dominance in the social media world of Web3, specifically, the Metaverse. On the occasion of Meta completing one year…
The Merge brings down Ethereum’s network power consumption by over 99.9%
The Merge, which is considered one of the most significant blockchain upgrades on Ethereum (ETH) to date, brought down the network’s energy consumption by 99.9% immediately.On Sept. 15, the…
UK Prime Minister Rishi Sunak’s win was a victory for crypto
A former investment banker turned savvy politician, Rishi Sunak has had an incredibly prolific career in just a short period of time. At only 42, he has served as a member of the United Kingdom’s…
UK Prime Minister Rishi Sunak’s win was a victory for crypto
A former investment banker turned savvy politician, Rishi Sunak has had an incredibly prolific career in just a short period of time. At only 42, he has served as a member of the United Kingdom’s…