KEY POINTS Marlboro-maker Philip Morris International confirmed Wednesday a $16 billion bid to buy rival Swedish Match as part of its accelerated push into smoke-free tobacco alternatives. Swedish Match was trading at a 32% premium Wednesday since talks between the two companies were first announced Friday. It is the latest move Philip Morris International to […]
During Q1 2022, Townsquare Media, a digital media company, purchased $5 million of bitcoin stating that the company believes in bitcoin’s “long-term potential.” Townsquare Media purchased an aggregate of $5 million worth of bitcoin in a recent SEC filing. The company notes that its Q1 2022 purchase could have realized a $1.2 million profit had
NEW YORK BASED TOWNSQUARE MEDIA PURCHASED $5 MILLION WORTH OF BITCOIN Read More »
Value locked on Anchor, Terra’s largest DeFi protocol, dropped some $11 billion in the past two days. Terra’s LUNA continued its third consecutive day of slide as the token fell 96% in the past 24 hours to reach price levels previously seen in August 2021. Anchor, the decentralized finance (DeFi) platform that provides yields on
Terra’s LUNA Drops to Almost $1 After 90% Weekly Plunge Read More »
The founder of the Azuki NFT project has been accused of abandoning three projects and Instagram has partnered with Dapper Labs to roll out Flow NFT support. The founder of the $723.5 million Azuki nonfungible token (NFT) project “Zagabond” caused a sh*tstorm yesterday after revealing that they had previously worked on three abandoned NFT projects. After facing
Nifty News: Azuki founder under fire, CryptoPunk sells for a major loss and more Read More »
Five crypto games have a market cap in the millions, and two in the tens of millions, according to a report from Crypto Head. The report added that the diluted market cap, referring to the total value of the crypto at the price if the entire future supply of coins were in circulation, that Axie Infinity recorded $15.81 million, which is
Axie Infinity Dominates Crypto Games Sector: Crypto Head Read More »
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state. President Putin Requires Russian Officials to Reveal Crypto Asset Purchases in Foreign Countries Candidates for government offices in Russia
Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia Read More »
DeFi: Understanding impermanent loss 3650% APY, even 100,000%. These numbers are cool, till it’s not. Yield farming projects throw about the insane figures for APY and everyone wants to provide liquidity to farm more tokens, till it isn’t cool when you see your tokens diminishing in value or you make losses. Rewind ⏪︎⏪︎ What does it mean
In yield farming, what is an impermanent loss? Read More »
Guides on buying bitcoin (BTC) often start with the advice that you first need to create a cryptocurrency exchange account and download or purchase a crypto wallet to store it in. But there’s another convenient way of purchasing bitcoin that doesn’t involve using a computer, let alone a cryptocurrency exchange. Using a bitcoin automated teller machine (ATM), people have the opportunity
Before Buying Bitcoin from an ATM, Here’s What You Should Know Read More »
KEY POINTS Apple is discontinuing the iPod touch. It marks the end of an era of portable music devices Apple kicked off in 2001. Apple said the iPod touch will be available while supplies last. Apple is discontinuing the iPod touch, the last version of the portable music player it still sells. The announcement ends an
Apple discontinues the last iPod model Read More »
The Luna Foundation Guard has announced that they will proactively work on restoring the TerraUSD (UST) peg. TerraUSD dips below 0.70 USD The leading algorithmic stablecoin began to lose its peg yesterday afternoon. This de-pegging event was predated by a wave of FUD, which started spreading after a whale dumped 285 million UST on
Terra Taps Into BTC Reserves To Combat Peg Loss Read More »
