Latest Crypto News

YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs, and the Force. The Imagineers at Disney have come up with what may be the killer app for metaverse hardware, a 360-degree treadmill controllable via remote control, physical movement, or gesture. U.S. YouTuber and 2022 Ultimate champion Marques Brownlee, professionally known as MKBHD, was the first non-Disney employee to test the prototype device.The Holotile, as the device is called, resembles a thick plastic mat made up of hundreds of little spinning pieces arranged in a seemingly random geometric pattern. It uses tilted, spinning discs to essentially create a floor that moves in every direction.Read moreRead More

According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining rigs, highlighting […]Read More

The Cupertino company is also considering a partnership with Google. Apple is reportedly on the hunt for a big tech partner to help shore up its flagging artificial intelligence (AI) offerings, with a specific focus on bringing th iPhone’s capabilities up to speed. Per a report from Bloomberg citing multiple sources, Apple and OpenAI are deep into discussions concerning the further integration of generative AI technologies on iOS. However, previous reports also indicate that Apple is still shopping around with Google on the hook as another potential cloud partner. Read moreRead More

While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT collections all stem from […]Read More

Dogecoin’s price has pulled back as the broader cryptocurrency market adjusts to disappointing U.S. GDP growth data and its potential implications for the Fed’s next move. Dogecoin (DOGE) price is down today as the wider crypto market undergoes a sharp correction.Notably, on April 27, DOGE’s price dropped 4.82% to around $0.15, underperforming the crypto market, whose valuation fell 2.25% on the same day. The memecoin has plunged by 38% when measured from its local top of $0.229, established a month ago. Let’s take a closer look at the most likely reasons behind Dogecoin’s latest pullback.Read moreRead More

In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly all deposits and assets. Republic First Bank Shuttered as FDIC […]Read More

Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “greed” sector. According to Google Trends, interest in the term “bitcoin” has diminished, while the market intelligence […]Read More

According to the prosecutors, the scale of losses justifies the sentence recommendation. Prosecutors in Taiwan are recommending 20-year prison sentences for the four main suspects in the fraud and money laundering case related to cryptocurrency trading platform Ace Exchange.According to a local news report, the Taipei District Prosecutors’ Office indicted 32 people on fraud and money laundering charges, including Ace Exchange founder David Pan, his business partner, Lin Keng-hong, and prominent attorney Wang Chen-huan, who served as chairman of the exchange.The prosecutors now believe that over 1,200 individuals were scammed, resulting in estimated total losses of 800 million New Taiwan dollars ($24.56 million). This is an increase from the previous estimated losses of 340 million NT$ ($10.6 million). Read moreRead More

According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers and malicious actors have ample time to study and identify weaknesses or vulnerabilities […]Read More

PRESS RELEASE. Dubai, UAE — April 27, 2024 — TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week. Throughout the event, attendees experienced an impressive range of panel discussions, keynotes, workshops, and exclusive networking opportunities, overcoming torrential rain to show up in […]Read More

The DTCC listing does not guarantee SEC approval of Franklin’s spot Ether ETF application. Asset management firm Franklin Templeton has listed its spot Ether exchange-traded fund (ETF) — the Franklin Ethereum TR Ethereum ETF (EZET) — on the Depository Trust and Clearing Corporation (DTCC) website, a significant platform for securities transactions in the United States.The DTCC website’s “Create/Redeem” column lists the ETF, indicating its availability for creation and redemption. The listing of the Franklin Templeton Ethereum spot ETF on the DTCC website does not mean Franklin’s spot Ether ETF application to the United States Securities and Exchange Commission (SEC) will be approved.The DTCC website often lists securities eligible for trading and settlement within its systems, including ETFs that have completed particular…Read More

Liquid staking reduces the minimum threshold required to earn block rewards and simultaneously enables the tokenized representation of staked assets. Liquid staking allows stakers to keep the liquidity of their staked tokens by using a stand-in token that they can use to earn additional yield through DeFi protocols.Before diving into liquid staking, let’s understand staking and the problems associated with it. Staking refers to the process of locking up a cryptocurrency in a blockchain network to sustain it, and it enables the stakers to earn a profit. However, staked assets typically become illiquid during the staking period, as they can’t be exchanged or transferred.Read moreRead More