Crypto news

[PRESS RELEASE – Tokyo, Japan, October 31st, 2024] Mawari Network, a spatial computing DePIN (Decentralized Physical Infrastructure Network), has announced a limited node license sale. Already a pioneer in immersive content, the node sale will make Mawari’s 3D streaming technology more scalable and accessible for content creators and developers. This node sale will help create a global, decentralized spatial computing infrastructure as the market for extended reality devices...

[PRESS RELEASE – Hong Kong, China, October 31st, 2024] The web3 firm accelerates APAC expansion, welcoming new leadership to drive growth and adoption across Asia. Serotonin, the global web3 firm bringing breakthrough technologies to market, is pleased to announce its expansion into APAC with the launch of its Hong Kong-based marketing practice, Serotonin’s first dedicated services operation in Asia. Over the last year, Serotonin has invested in scaling its APAC operations,...

A recent investigation has linked popular YouTube personality James Stephen Donaldson, better known as MrBeast, to over $23 million in alleged profits from various cryptocurrency trades that may involve insider trading. According to a report by advisory firm Loock.io, a group of on-chain investigators claims that MrBeast and his influencer network used their social media presence to promote and profit from several crypto tokens at the expense of investors. $23 Million in...

In an announcement on Oct. 29, international credit giant Visa unveiled the partnership enabling real-time money movement between traditional banking and crypto services using the Visa Direct network. “This partnership adds convenience and new services for Coinbase customers across the US and EU, including real-time, reliable, and secure money movement,” it stated. Visa’s head of crypto, Cuy Sheffield, commented on the collaboration on Oct. 30. Excited for Visa to partner...

MicroStrategy (MSTR) announced on Wednesday that it plans to raise $42 billion over the next 3 years to purchase more BTC for its balance sheet, and improve “BTC yield” for its shareholders.  In its Q3 earnings release, the company said that the “21/21 Plan” would involve raising $21 billion through ATM equity offerings, and $21 billion in fixed-income securities. As a Bitcoin Treasury Company, we plan to use the additional capital to buy more bitcoin as a treasury reserve...

Ripple’s recent price action reflects a cautious market, with a temporary rebound from the critical $0.5 support zone toward the 200-day moving average. However, a rejection at this level could solidify the ongoing bearish trend. XRP Analysis By Shayan The Daily Chart On the daily chart, XRP faced renewed selling pressure after failing to sustain gains near the 200-day moving average at $0.57. This level has acted as a strong resistance, and a breakdown below the 200-day MA...

Consensys, the blockchain development firm behind the popular MetaMask crypto wallet, has decided to lay off over 160 employees. The move impacts 20% of its total workforce. According to founder and CEO Joe Lubin, this decision was driven by macroeconomic challenges and substantial legal costs incurred during the company’s extended regulatory battles. Job Cuts at Consensys In the latest blog post, Lubin criticized the US Securities and Exchange Commission (SEC) for what he...

Bitcoin’s price is on the verge of creating a new all-time high following the significant rally in the past few days. However, the asset has faced some initial resistance and is yet to break above the March peak. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has begun a rally since its rebound from the $52K support level. Over the past few weeks, it has broken above the 200-day moving average, located around the $64K level...

TL;DR Ripple co-founder Chris Larsen endorsed Kamala Harris, citing her pro-innovation stance and connections to the Bay Area tech scene. The US presidential candidate recently voiced support for a crypto regulatory framework aimed at protecting vulnerable groups but has yet to provide specific policy details. ‘Excited About Harris’ Economic Message’ The US presidential elections are less than a week away (scheduled for November 5), with Republican Donald Trump facing...

[PRESS RELEASE – Melbourne, Victoria, October 30th, 2024] Nozomi, led by founder Louis Dharma and CEO Jinelle D’Lima, has unveiled the aATose Paper (accelerating Aligned Technology by Open Sourcing Entrepreneurship), presenting a new framework that builds upon Vitalik Buterin’s Defensive Accelerationism (de/acc). While de/acc sought to decentralize technology and guard against centralized control, aATose aims to go further, establishing a future where individuals are...