Cathie Wood of Ark Investment sees huge gains for BTC
Cathie Wood, the famed investor and CEO of Ark Investment Management, is a long-time bitcoin evangelist and remains bullish on the world's largest digital currency. According to a recent research report from Ark, the company expects to see huge gains for bitcoin by the end of the decade. The report cites several bullish factors, including the fact that despite...
StarkWare Announces Open Sourcing of STARK Prover Technology to Improve Ethereum Scalability
Open Sourcing STARK Prover Technology to Revolutionize the Blockchain StarkWare, the blockchain scaling system creator that reached an $8 billion valuation last year, is revolutionizing the industry by open-sourcing its core cryptographic software tool. The STARK Prover technology powers two of StarkWare's platforms: StarkEx and StarkNet, both of which tackle the scalability issues of Ethereum and enable developers to...
Takashi Murakami & Hublot Release 4th Artistic Venture: NFT-Linked Watches
Takashi Murakami and Hublot Unveil Unique NFT Collection Japanese artist Takashi Murakami and Swiss luxury watchmaker Hublot have unveiled their fourth artistic venture: a new collection of real-world watches linked to non-fungible tokens (NFTs). This unique collection features 13 NFTs inspired by Japanese video games and television shows from the 1970s, as well as the Classic Fusion Takashi Murakami All...
Logan Paul Sued Over CryptoZoo NFTs Sales
Logan Paul, YouTube Star and Professional Wrestler, Facing Class-Action Lawsuit Over Non-Fungible Token Sales Famous YouTube star and professional wrestler Logan Paul is facing a proposed class-action lawsuit from a number of associates over Non-fungible Token (NFT) sales for his project CryptoZoo, which never materialized. According to the lawsuit, Paul and associates promoted CryptoZoo’s products to consumers unfamiliar with...
FTX Group Seeks Repayment of Millions in Campaign Contributions from Bankruptcy
FTX Group Seeks to Recover Millions of Dollars Donated by Bankman-Fried Sam Bankman-Fried, the founder of FTX Group, had made tens of millions of dollars in campaign contributions to politicians before the implosion of his crypto empire last November. Now, the bankrupt exchange is seeking to reclaim the money it had donated. FTX Group has sent out confidential letters...
Crypto Optimism High Despite Late Thursday Dip: Bitcoin above $23K
Fed Rate Hike Boosts Bitcoin Optimism The US Federal Reserve's decision to raise rates by 25 basis points had a surprisingly positive effect on Bitcoin markets, as investors greeted the news with optimism. Over the past 24 hours, Bitcoin has been trading just above $23,500 and is up 40% since the start of the year. This increase in value...
Australian Govt: Token Mapping Consultation Paper | Deadline March 2023
Australian Government Invites Responses to Token Mapping Consultation Paper The Australian government has taken a proactive approach to regulating the token mapping industry by releasing a consultation paper on Friday and inviting stakeholders to respond by March 3, 2023. This initiative follows Prime Minister Anthony Albanese's statement in August 2022 that his new government was taking a more serious...
Apple Bans Damus, Jack Dorsey’s Twitter Alternative with Bitcoin Integration
Apple Blocks Twitter Alternative Damus in China App Store Damus, a Twitter alternative launched by Jack Dorsey in April 2021 and backed by the Bitcoin Lightning Network, has been banned from Apple's China App Store. According to a tweet from Damus, Apple received a notification from the Cyberspace Administration of China (CAC) stating that the app was deemed to “include...
Former FTX CEO Sam Bankman-Fried In Talks With US Prosecutors to Resolve Bail Conditions
FTX CEO Sam Bankman-Fried in Talks to Resolve Bail Conditions Former FTX CEO Sam Bankman-Fried is in discussions with U.S. prosecutors to resolve his bail conditions, according to a court filing. Mark Cohen, Bankman-Fried’s counsel, submitted a letter to the court expressing optimism that an agreement between the parties could be reached in the coming days. Cohen stated that...
Meta has taken a leap into the ‘year of efficiency’ with its impressive earnings!
Mark Zuckerberg recently announced that, by 2023, Meta will work to become a stronger and more nimble organisation. Meta has amazed the world with its superior-than-expected revenue results and a steady rise in its app users. While revenue has been decreasing for three consecutive quarters, Meta's earnings call still came in at an impressive $32.17bn which surpassed the predicted $31.53bn....
