Up in smoke: Artist Damien Hirst to burn 4,851 paintings in NFT project
Almost half of the buyers of Hirst’s The Currency collection wanted to keep the NFT…
Day: 29 July 2022
‘Bullish rate hike’ — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with…
Meta’s Metaverse Is Still Not Profitable: Reality Labs Unit Registers $2.8 Billion Losses During Q2
Meta, the social media company, has reported that its metaverse division, the Reality Labs Unit,…
IMF Warns of Further Crypto Selloffs and More Coins Failing
A director with the International Monetary Fund (IMF) has warned of further selloffs in both…
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
BTC price surged above a key resistance cluster, but its market structure and technical analysis…
Will Ethereum Outperform Bitcoin After The Merge?
All eyes are on Ethereum’s coming Merge – is ETH the next #1 token? While…
Ethereum Reveals Roadmap Post-Merge
Ethereum’s Vitalik Buterin shared the team’s next milestones after the Merge during the fifth edition…
Ethereum On Track For Proof-of-Stake Transition On September 19
Projects are still working on their goals amid the market downturn, and Ethereum is making…
Solana Spaces store to bring 100K people to Solana per month — CEO Vibhu Norby
The new shop entertained about 400 crypto-curious guests on opening day, and hopes to host…
Solana-based stablecoin NIRV drops 85% following $3.5M exploit
The $3.5 million flash loan attack Solana-based Nirvana Finance saw the price of its stablecoin…
After weeks of rumors, Thai crypto exchange Zipmex files for debt relief in Singapore
It appears the firm’s fortune took a turn to the worst via its exposure to…
Goldman Sachs, JPMorgan Predict Euro-Area Recession
Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro…
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently…
Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings…
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG),…