Author: News Room
On April 8, Metaplanet Inc. (TYO: 3350), a publicly-listed Japanese consulting and investment firm, announced its decision to “embrace Bitcoin as the core treasury asset of the company going forward by committing an initial JPY 1 billion.” Metaplanet Inc., a multifaceted Japanese firm listed on the Standard Section of the Tokyo Stock Exchange, plays a pivotal role in connecting Japan with the global market, embracing both traditional sectors and cutting-edge innovations. With over a decade of diversified experience, particularly in hotel development and operations, the company has expanded its expertise into Web3 consulting, real estate development, and strategic investments. Operating…
Polygon (MATIC) price is moving up on the charts after witnessing a bearish month, bringing the altcoin below $1. However, in order to reclaim $1 as support, the altcoin will need to cross a few resistances. Polygon Investors Turning Bullish? MATIC price has historically exhibited a shift in tone following investors’ behavior. With the altcoin currently attempting a breach of the ongoing downtrend, investors’ bullishness will prove to be helpful to the altcoin. This sentiment is also visible in the movement of tokens among addresses, primarily exchanges. As noted in the decline in active deposits, which calculates the movement of…
PRESS RELEASE. Dubai, UAE – April 9th, 2024 – META-X, a Web3 competitive game specific publisher and developer is thrilled to announce the release of “Dark Machine,” a AAA team-based dark mech third-person shooter (TPS) backed by a strong team of Japan’s gaming industry veterans. Dark Machine is a mech themed max 7V7 arena shooter […] Read the full article here
Flare Network stands out as one of the popular layer one blockchains, focusing on the integration of external data into blockchain systems. Above all, Flare is an EVM-compatible L1 network. Its interoperability and data integration focus has made it a standout name in the crypto world. CEO Hugo Philion, transitioning from a finance background to the dynamic world of cryptocurrencies, has been instrumental in guiding Flare Network’s direction to tackle some of the sector’s significant challenges. In the following interview, Philion shares his views on blockchain and data, shedding light on Flare Network’s efforts to push the industry forward. His…
The per-block rewards paid to bitcoin miners are set to be cut in half, from 6.25 to 3.125 BTC, later this month. The network’s fourth halving event presents a headache for even the best-resourced mining firms, but it could make thin margins even thinner for those running mining setups at home. For miners, the formula is simple: If the halving drives up bitcoin’s price, their investment pays off. Otherwise, small miners could be left with dormant ASICs, energy bills and little chance of breaking even. Read more: How the halving could impact bitcoin’s price Some at-home miners laid out the…
Crypto news: MakerDAO has increased the debt ceiling to 1 billion dollars for Dai allocations in the USDe and sUSDe markets through Ethena on Morpho. Initially, the allocation planned for these markets was 600 million dollars. Let’s see all the details below. Ethena on Morpho exploits MakerDAO’s debt increase: impact on the crypto ecosystem Tensions in DeFi: Aave DAO challenges MakerDAO with reform proposals Ethena on Morpho exploits MakerDAO’s debt increase: impact on the crypto ecosystem As anticipated, MakerDAO has ratified a governance decision aimed at expanding the debt ceiling of its direct deposit module up to 1 billion dollars…
Shiba Inu backers, as reported by Shiba Inu on their social media X page, the golden moment has arrived when the meme currency is set to soar to new heights. Recently, a SHIB whale stunned the crypto community by acquiring the same asset and injecting a new wave of positive sentiment into the entire ecosystem. 🌕🌕🌕Time to fly high 🚀 $SHIB 🐕#shibaArmy — Shiba Inu (@ShibainuCoin) April 8, 2024 Whale Alert, the blockchain tracker, reported a jaw-dropping accumulation of 692.40 billion SHIB tokens, valued at a whopping $19.26 million, from Crypto.com. This massive acquisition by the whale couldn’t have come…
Ethereum’s recent 8% surge has ignited the crypto ecosystem, marking its largest increase in over a month. This jump is linked to speculation about potential US exchange-traded funds (ETFs) for Ethereum, fueling intense discussion among crypto community members. On Monday, Ethereum outperformed major crypto assets such as Bitcoin. Is Alameda Research Planning to Sell $14.75 Million in Ethereum? As of writing, Ethereum’s price stands at $3,680. It boasts a 62% year-to-date gain, closely tailing Bitcoin’s 68% rise. Recently, proponents of the spot Ethereum ETFs have reportedly engaged with the US Securities and Exchange Commission (SEC), signaling a shift in the…
The crypto market value surged and rolled higher on Monday reaching $2.8 trillion thanks to Bitcoin’s debut atop $72,000 again. Besides, BTC price increase, top altcoins to buy including Shiba Inu (SHIB), Pepe Coin (PEPE) and dogwifhat (WIF) steadies their uptrends, hinting at further growth this week and throughout April. Read the full article here
In a recent post on the X social media network, Paul Grewal, chief legal officer at Coinbase, has urged Congress to pass stablecoin legislation if the US wants to be serious about a negligible percentage of illicit finance that is conducted with the help of cryptocurrencies. Grewal’s comment came in response to the testimony published by Wally Adeyemo, the US deputy secretary of the Treasury, that focuses on countering illegal use cases of crypto. In his testimony, Adeyemo has noted that bad actors have increasingly started using cryptocurrencies as a tool for hiding their identities. In such a way, it…