North Dakota is the latest U.S. state to consider including Bitcoin in its balance sheets. On Friday, the North Dakota State Legislature introduced a resolution aimed at investing “select state funds in digital assets and precious metals.” Resolution 3001 aims to curb the impact of inflation on North Dakota’s finances by diversifying the assets the … Read more
Over the past week, the cryptocurrency market has faced a decline, shedding $190 billion since Jan. 4. However, by Friday, as the weekend nears, the market exhibited a modest recovery, posting a 2.2% gain over the preceding 24 hours. FAI and AIXBT Rocket While Crypto Economy Battles a Setback The past week has been turbulent … Read more
According to the US Department of Justice, Wolf Capital’s co-founder has pleaded guilty to wire fraud conspiracy for luring 2,800 crypto investors into a Ponzi scheme.
While most blockchain launches come stockpiled with infrastructure and finance applications, the upcoming Abstract blockchain is taking a consumer-focused approach, aiming to excite and entertain active Web3 participants with “fun and viral” applications. The Ethereum layer-2 network is being built by Igloo Inc., the parent company of Pudgy Penguins, which raised $11 million in July … Read more
After months of presale—a democratized one, to be exact—IntelMarkets (INTL) is scheduled to go live this quarter. Its unique AI-powered trading platform has been the talk of the crypto community, poised to transform the $36 billion global crypto trading market. It will integrate artificial intelligence across all levels, becoming the first true modern-gen trading platform. … Read more
Rapper Heather “Razzlekhan” Morgan is back and dropping the first of two new singles ahead of serving 18 months in prison for her role in an infamous, multi-billion-dollar Bitcoin heist. The notorious entrepreneur and musician teased the new single and music video in recent days. Released Friday, Morgan described her new track “Razzlekhan vs. The … Read more
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GOP leader and Billionaire businessman Donald Trump will be the first sitting U.S. President to hold meme coins. Magic internet money maybe, but the President has some. Once sworn in as the 47th President of the United States, Donald Trump would be the only sitting U.S. leader in history with meme coin holdings. Arkham reported … Read more
Bitcoin’s network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. Tough Terrain for Bitcoin Miners The network’s hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based on the seven-day simple moving average (SMA). This reduction, equivalent … Read more
James Howells, an IT engineer from Newport, Wales, has lost his long-running legal battle to recover a hard drive containing 8,000 Bitcoin valued at over $750 million. The Newport City Council has consistently denied access to the landfill where the hard drive was accidentally discarded in 2013, citing environmental concerns. In the latest setback, Judge … Read more