Industry
Bitcoin Falls With Stocks After U.S. Reports CPI Inflation Rate of 6.5%
Annualized inflation slowed to 6.5% in December from 7.1% previously, in line with economists' forecasts.Herman HayesU.S. December CPI down 0.1% MoM; annual inflation slows to 6.5%
Headline U.S. inflation fell in December to its lowest level since late 2021, fueling hopes that the Federal Reserve will soon be able to stop raising interest rates.Herman HayesGala Games fully owns Ember Entertainment
Blockchain gaming platform Gala Games has announced the acquisition of Ember Entertainment. According to an update on its Twitter and Discord accounts, the erstwhile external partner is now part of Gala Games.Herman HayesBlockchain.Com exits asset management after less than a year
Blockchain.com started out as the first Bitcoin blockchain explorer in 2011, and later expanded into wallet services and hosts its own cryptocurrency exchange.Herman HayesPantera Capital CEO Says Next Bull Cycle Has Started, Bitcoin Price Prediction
Looking ahead to a "year of rebuilding trust," Pantera CEO Dan Morehead said the cycle's lows for bitcoin and altcoins are behind us. Pantera Capital believes that investors should not be afraid of post-FTX cryptocurrencies as they embark on their “seventh bull market cycle.”Herman HayesCanadian University in Dubai drops acceptance of cryptocurrencies via Binance Pay
Less than 24 hours after the Canadian University of Dubai (CUD) announced it was partnering with Binance Pay to accept cryptocurrency course fees, a technical hurdle dampened the excitement behind the short-lived initiative.Herman HayesRihanna NFT enables holders to earn money when the song is played
Royalties from singer Rihanna's smash hit "Bitch better have my money" are being sold as non-fungible tokens, with the collection selling out within minutes of its announcement.Seth RowdenKazakhstan to force sale of 75% of mining revenue
Kazakhstan, one of the world's largest bitcoin, The mining hub has announced plans to introduce new crypto regulations to reduce tax fraud and illegal business operations.Seth RowdenChinese Government Launching National Blockchain Innovation Center
The Chinese government is setting up a national blockchain innovation center in Beijing, focusing on industrial applications and major use cases of blockchain technology, especially in areas related to the Chinese economy.Seth RowdenPower Surge: Crypto Energy Consumption Set to Soar Over 30% by 2026, AI Ranks Even Higher
The International Energy Agency (IEA) has highlighted significant changes in the world's electricity market,Seth Rowden
Three Arrows Capital Seeks to Increase Claim Against FTX to $1.5 Billion
Three Arrows Capital (3AC) has proposed a substantial increase in its bankruptcy claim against the collapsed crypto exchange FTX.Romero DiazElon Musk 'shot down' OpenAI's ICO plan in 2018 over credibility concerns
Elon Musk's rejection of the ICO proposal in 2018 reflects his concerns about maintaining OpenAI's credibility and adherence to its founding principles.Romero DiazMicroStrategy's Bold Bitcoin Bet: $1.75 Billion in Convertible Notes
MicroStrategy has announced plans to raise a significant $1.75 billion through the issuance of 0% interest senior convertible notes.Romero DiazUSDC investor shells out $2M for $0.05 USDT to escape crash
Shortly after Circle revealed that Silicon Valley Bank hadn’t moved $3.3 billion in USD Coin (USDC) reserves, the market responded with a massive sell-off — the stablecoin depegged from the U.S. dollar.Herman HayesSilicon Valley bank failure could spark regional U.S. bank run
Bob Elliot, a former Bridgewater executive and chief executive of investment firm Unlimited, said decisions by the Federal Reserve and the FDIC on the future of Silicon Valley Bank could affect regional banks across the U.S.Herman HayesCoinbase Fires 950 Employees In January 2023
Coinbase Global Inc. is laying off about 950 workers, about 20% of its workforce, as a worsening cryptocurrency market downturn spurs fresh layoffs at the largest U.S. digital asset exchange.Herman HayesBinance to Distribute $5M Worth of BNB to Earthquake-Affected Turkish Users
The devastating earthquake that struck Turkey on February 6 left a devastating trail, affecting many communities and individuals.Herman HayesCoinGecko, 21Shares to Offer a Global Crypto Classification
CoinGecko and 21Shares have proposed the Global Cryptocurrency Taxonomy, a taxonomy representing a unified approach to classifying crypto assets.Herman HayesNEAR Foundation to Launch Web3 Learning Workshop at NYU
The Swiss nonprofit, the NEAR Foundation, and the New York University School of Professional Studies (NYU SPS) have partnered to present a new web3 and blockchain-focused workshop.Herman HayesDCG sells shares in Grayscale crypto trusts in push to raise funds
Digital Currency Group (DCG) is selling shares in several of its cryptocurrency funds at deep discounts and has begun selling its holdings in investment vehicles run by subsidiary Grayscale, the Financial Times reported on Tuesday.Herman Hayes
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