Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games. Playstudios will also invest $10 million in Web3 gaming companies.…
Read more
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July.
Bitcoin
Ahead of the nonfarm payrolls report, bitcoin (BTC)…
Read more
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal.
Meta to…
Read more
Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writing. Near protocol rose by 17%, also recording multi-month highs. Theta Network (THETA) Theta network (THETA) was…
Read more
The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous stock-to-flow model. Moreover, since…
Read more
Bitcoin price climbed above the USD 23,000 level and is currently (10:44 UTC) trading near USD 23,160. BTC is up over 1% in a day and down 3% in a week. Similarly, most major altcoins are trading in a key range. ETH might clear USD 1,680 and start a stronger increase. XRP might struggle to…
Read more
Former BitMEX CEO Arthur Hayes apologized for calling Ethereum (ETH) a shitcoin years ago and argued that the Merge is “extremely bullish” for the price of ETH. In his latest essay, Hayes took a look back at his previous statements on Ethereum, as well as a look forward to discuss the upcoming, long-awaited, and much-anticipated Merge, when…
Read more
Ethereum (ETH) miners fearing the worst should the network’s much-vaunted move to proof-of-stake (PoS) go ahead next month could be thrown a lifeline – with Justin Sun and his Poloniex crypto trading platform stating that they will provide support for a proposed proof-of-work fork (PoW) fork…. Read More: Justin Sun, Poloniex Back Plan to Create…
Read more
The ongoing market downturn has not discouraged professionals from taking payment in cryptoassets, as indicated by the latest report released by global payroll specialist Deel. In the first half of 2022, crypto payments represented 5% of wages collected by cross-border professionals, up from 2% in the preceding six-month period. “Crypto withdrawals hold steady the last…
Read more
Cross-chain messaging protocol Nomad announced a bounty of up to 10% for the return of the (majority of the) USD 190m stolen from the Nomad bridge on August 1. Per the press release shared with Cryptonews.com, “The bounty is for those who come forward now, and for those who have already returned funds.”… Read More: Nomad…
Read more
