News

Improbable sells gaming venture for $97M, shares 2024 metaverse predictions
December 18, 2023 3:01 AM

The metaverse developer Improbable sold its gaming venture, The Multiplayer Group, as a part of its venture strategy for 2024.

Trader gambles $226K on Solana memecoin, hits $1.69M in 5 days
December 18, 2023 2:26 AM

Another dog-themed crypto token comes into the limelight as the Solana memecoin frenzy continues.

‘Inherently bearish’ below $41.5K — 5 things to know in Bitcoin this week
December 18, 2023 1:45 AM

BTC price action keeps traders nervous going into the holiday period as Bitcoin faces the pressure of the yearly close.

FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show
December 17, 2023 10:44 PM

More than $118 million in legal and advisory fees were billed to the bankrupt crypto exchange between August and October, amounting to $1.3 million per day.

Daily gas spent on EVM inscriptions surges to record high of $8M
December 17, 2023 10:26 PM

Bitcoin is not the only network getting clogged up with Ordinals inscriptions, with weekend activity on EVM chains also spiking.

What happened in crypto this weekend?
December 17, 2023 9:57 PM

Tether is working closer with U.S. law enforcement, revealing it has already frozen 326 wallets linked to criminals, while VanEck CEO has pled a bullish case for the future of Bitcoin.

Bitcoin won’t be beaten as digital store of value: VanEck CEO
December 17, 2023 7:51 PM

“It’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” said Jan van Eck, making a bullish case for BTC.

Blockchain-based private loans hit $582M, doubling from 2022
December 17, 2023 6:53 PM

The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows.

Solana Saga sells for up to $5K on eBay as Bonk frenzy causes sell-out
December 17, 2023 6:23 PM

After months of tepid sales, the Solana Saga phone is now “SOLD OUT” on its official website amid a recent frenzy for the free Bonk memecoin airdrop.

‘Tens of millions’ to enter Web3 through gaming in 2024 — GameFi execs
December 17, 2023 4:04 PM

Gaming studio founders Yat Siu and Johnson Yeh think more people are coming to Web3 next year — and blockchain games are why.

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