No Sphere WIF Hat In Las Vegas: Dogwifhat Fundraiser Announces Start Of Refunds The ambitious “Sphere WIF Hat” campaign by the dogwifhat (WIF) community, which aimed to showcase their memecoin mascot on the Las Vegas Sphere, has ended in disappointment. The campaign, which raised over $700,000, faced accusations of fraud from the Sphere’s team, leading […]
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Bitcoin Critic Peter Schiff Seeks Donations to Grow BTC Reserve, Sparking Sarcastic Reactions Peter Schiff, the vocal critic of Bitcoin and advocate for gold, has stirred the crypto community with a surprising move: soliciting donations to bolster his Bitcoin reserve. Known for his skepticism towards digital currencies, Schiff’s decision to share a BTC wallet address […]
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DeFi Yield Shifts to Low Interest Rate Strategy Amid Market Slowdown In the decentralized finance (DeFi) sector, protocols are adjusting to a cooling market by lowering interest rates, driven by a record supply of stablecoins used for lending to generate yield. Despite the slowdown, the DeFi sector remains robust, with over $96 billion in total […]
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Sony Embraces Crypto: USDC Payments Now Accepted in Singapore Sony Electronics has partnered with Crypto.com to enable USDC payments at its online store in Singapore, marking its first direct foray into cryptocurrency transactions. This move signifies a broader push towards mainstream crypto adoption, with Sony also expanding its Web3 ambitions through the Soneium blockchain in […]
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Infamous Mixing Protocol eXch Drops USDT, USDC Amid Bybit Theft Scrutiny eXch, a notorious centralized mixing protocol, is under intense scrutiny from U.S. authorities for its alleged role in laundering millions stolen by North Korean hackers from the Bybit exchange. In a bid to evade regulatory heat, eXch is restructuring its operations, which includes merging […]
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Bitcoin Mining’s Energy Shift: Coal Use Drops While Renewables Rise Bitcoin mining is undergoing a significant transformation, moving away from coal and embracing renewable energy sources. This shift reflects the industry’s response to environmental concerns and aligns with broader energy sector trends. Coal’s use in Bitcoin mining dropped from 63% in 2011 to 20% in […]
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9GAG’s Bold Leap: Acquiring Howkingtech to Launch MemeStrategy and Dive into Bitcoin and AI 9GAG, the beloved meme-sharing platform, has taken a significant step into the realms of AI, cryptocurrencies, and the creator economy by acquiring Hong Kong-listed Howkingtech International. The acquisition, led by 9GAG co-founder Ray Chan, will see Howkingtech rebranded as MemeStrategy, with […]
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UK Trade Bodies Demand Action on Blockchain and Digital Assets Six leading UK trade bodies have issued a strong call to action, urging the government to prioritize the blockchain and digital assets sector. In a letter to Varun Chandra, the Prime Minister’s special adviser, they demand the appointment of a dedicated blockchain envoy and the […]
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Concerns Mount Over Circle’s IPO Amid Robust Revenue Growth and Persistent Profitability Struggles Circle, the powerhouse behind the widely-used stablecoin USDC, is gearing up for its long-awaited Initial Public Offering (IPO). Despite boasting significant revenue growth, the big question mark over profitability continues to cast a shadow over the company’s financial health and the IPO’s […]
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Bybit Exits NFT Market Amid Declining Sales: A Strategic Pivot or a Sign of the Times? Bybit, a leading cryptocurrency exchange, has announced the closure of its NFT marketplace, Inscription marketplace, and Initial DEX Offering (IDO) platform, effective April 8, 2025. This move comes as the NFT market faces a significant downturn, with sales dropping […]
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