Search
Close this search box.

August 2022

91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140

91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140

The number of Bitcoin is becoming rare as only 9% is left to be mined for the next century, according to data from the Clark Moddy Bitcoin’s dashboard. Per the announcement from Bitcoin Magazine, which firstly published the notification on Twitter on Tuesday local time, the remaining supply of BTC means “only 9% left to […]

91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140 Read More »

Socios.com Will Invest 0 Million in FC Barcelona Metaverse Push

Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push

Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. The investment will give Socios.com 24.5% of the stake in the digital division of the club and will allow it to reshape

Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push Read More »

Bitcoin bulls aim for K price on Friday’s 0M options expiry

Bitcoin bulls aim for $25K price on Friday’s $510M options expiry

BTC price has been gaining momentum as it nears $24,000, and this week’s options expiry could help bulls profit $200 million. Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a sustainable recovery is feasible. However, despite the lackluster price action, bulls have the

Bitcoin bulls aim for $25K price on Friday’s $510M options expiry Read More »

Binance Taps Co-Founder Yi He to Head .5B Venture Arm

Binance Taps Co-Founder Yi He to Head $7.5B Venture Arm

Binance Labs announced a new $500 million fund in June to invest in Web3 and blockchain projects. Cryptocurrency exchange Binance has appointed co-founder Yi He to oversee its venture capital arm, Binance Labs, two months after it raised $500 million for a new fund focused on Web3 and blockchain investments. Binance Labs, which focuses on early-stage investments,

Binance Taps Co-Founder Yi He to Head $7.5B Venture Arm Read More »

MICHAEL SAYLOR TO CHANGE HIS MICROSTRATEGY ROLE TO FOCUS ON BITCOIN

MICHAEL SAYLOR TO CHANGE HIS MICROSTRATEGY ROLE TO FOCUS ON BITCOIN

The current CEO of MicroStrategy will soon become executive chairman to better focus on the company’s Bitcoin strategy. MicroStrategy, the software intelligence firm famously bullish on Bitcoin, announced on Tuesday that its CEO Michael Saylor will step down from his current position to assume the new role of executive chairman, effective on August 8. Phong Le, the

MICHAEL SAYLOR TO CHANGE HIS MICROSTRATEGY ROLE TO FOCUS ON BITCOIN Read More »

The 0 billion meme stock that makes GameStop look like child’s play

The $300 billion meme stock that makes GameStop look like child’s play

KEY POINTS AMTD Digital, a little-known Hong Kong-based fintech company, saw its shares skyrocket 126% on Tuesday alone after experiencing a series of trading halts. The company went public in mid-July, and its stock is up 21,400% to $1,679 apiece from its IPO price of $7.80 in just two weeks. The wild trading is reminiscent

The $300 billion meme stock that makes GameStop look like child’s play Read More »

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain

Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguing that the token is not a security. Binance Delists AMP ‘out of an Abundance of Caution’ Binance’s U.S. exchange (Binance US) is taking action to ensure that

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain Read More »

Google AI turns all 10,000 BAYC NFTs into machine-made art

Google AI turns all 10,000 BAYC NFTs into machine-made art

Google cloud-computing AI recreated Bored Ape Yacht Club NFTs into machine-made paintings. Google Cloud Neural Networks worked with its artificial intelligence (AI) software to make art. Not just any art — nonfungible token (NFT) art. The AI transformed all 10,000 Bored Ape Yacht Club NFTs into machine-made works of art. These pieces of art take the form

Google AI turns all 10,000 BAYC NFTs into machine-made art Read More »

RIVER FINANCIAL LAUNCHES ZERO-FEE RECURRING BITCOIN PURCHASES

RIVER FINANCIAL LAUNCHES ZERO-FEE RECURRING BITCOIN PURCHASES

The bitcoin financial services provider will remove fees for a customer’s recurring bitcoin purchases beginning a week after the initial purchase. River Financial has removed fees associated with recurring purchases of bitcoin on its platform. The deduction is valid starting one week after the initial recurring purchase is set by the customer. River currently offers

RIVER FINANCIAL LAUNCHES ZERO-FEE RECURRING BITCOIN PURCHASES Read More »

Chinese e-commerce giant Alibaba teams up with Tesla rival Xpeng on tech for driverless cars

Chinese e-commerce giant Alibaba teams up with Tesla rival Xpeng on tech for driverless cars

KEY POINTS Chinese e-commerce giant Alibaba and electric vehicle startup Xpeng are opening a computing center to train software for driverless cars, the two companies said Tuesday. Xpeng will use technology from Alibaba’s cloud division for its computing needs. For Xpeng, the move marks its ambitions to pull ahead in the fiercely competitive electric vehicle

Chinese e-commerce giant Alibaba teams up with Tesla rival Xpeng on tech for driverless cars Read More »