Nike-Owned NFT Project RTFKT to Shut Down Operations in Early 2025
RTFKT’s closure follows declining NFT demand and market challenges, despite $50 million earnings and collections like MNLTH and Clone X. RTFKT, the creators of non-fungible token (NFT) sneakers and avatars…
Crypto trader invested $170 and made $435,000 in a month.
While far from the wildest cryptocurrency trade of the 2024 bull market, the maneuver executed by an investor who recently turned $169 into $435,000 is nothing to scoff at. Specifically,…
Bitcoin to Maintain Upward Price Growth and Break Through $100K If This Happens.
For BTC to crush $100,000 in the short term, Bitfinex insists that the asset needs strong demand and positive flows into its spot exchange-traded funds. With December historically a volatile…
MicroStrategy Acquires 15,400 bitcoins with Share Sale Proceeds.
nounced the acquisition of approximately 15,400 bitcoins for $1.5 billion, at an average price of $95,976 per bitcoin, including fees. As of December 1, 2024, the company’s total bitcoin holdings…
U.S. Government Transferred $1.92 Billion Worth of Bitcoin to New Crypto Wallet Address.
In a significant move, the United States government has transferred approximately $1.92 billion worth of Bitcoin (BTC) to a new address. Arkham Intelligence’s data revealed that the government transferred bitcoin…
Coinbase Partner With Apple Pay for Easy Crypto Buying, Conversion from Fiat Currency To Crypto Currency.
Coinbase has expanded its Onramp platform by integrating Apple Pay in an effort to simplify and accelerate fiat-to-crypto conversions. As per the Coinbase blog post, users can now buy cryptocurrency…
MARA Announces $700M Convertible Notes Offering to Boost Bitcoin Holdings.
MARA said that the proceeds will be used primarily to acquire Bitcoin and repurchase existing convertible notes due 2026. Mining firm MARA Holdings, formerly Marathon Digital, announced plans to offer…
DEX Clipper Denies Private Key Leak Claims After Breach.
Clipper DEX was exploited for $450,000, affecting 6% of its TVL.Decentralized exchange (DEX) Clipper experienced a security incident at 4 am UTC on December 1, targeting its liquidity pools on…
Japanese Crypto Exchange DMM Bitcoin to Close Down Operations.
After failing to recover from a $305 million hack, the exchange will shut down and all its assets will move to SBI VC Trade. Japanese cryptocurrency exchange DMM Bitcoin will…
How US Political Dynamics Led to the Downfall of Facebook’s Crypto Project.
U.S. political pressure, not regulations, ended Facebook’s Libra project, says David Marcus, citing indirect Fed warnings to banks involved.David Marcus, the former head of Facebook’s blockchain project Libra, recently shared…