Author: e_cash_top
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HSBC seeking new product director to steer tokenization efforts
[ad_1] HSBC announced Jan. 30 that it is looking to hire a product director to spearhead its new “tokenization efforts.” According to the job posting, the new role will be responsible for envisioning and executing HSBC’s tokenization strategy, as well as navigating the regulatory environment. The move is a pivot from the lender’s anti-crypto stance…
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Core Scientific offloads 27,000 mining rigs to NYDIG to cover $38M loan
[ad_1] Bankrupt crypto miner Core Scientific would transfer its ownership of 27,403 mining machines to crypto lender NYDIG to pay off a $38.6 million loan, according to a Feb. 2 court filing. Core Scientific said the transferred machines are “no longer necessary” for its “current operations and future business plans.” It added that the “principal…
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ApeCoin’s on-chain metrics point to local top following 78% climb over 6 weeks – Santiment
[ad_1] ApeCoin may have hit a local top after a steady climb of 78% over the past six weeks, according to Santiment Analytics. The research firm said a divergence between network growth and price is taking shape, which may lead to downward pressure on the token, indicating that a local top may have started to form…
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M31 Capital bullish on BTC price, adoption in 2023 predictions
[ad_1] Crypto investment firm M31 Capital shared its 2023 predictions and said it expects Bitcoin (BTC) to skyrocket. The firm said in its 2022 recap report that it expects adoption to increase further. The document also states that chains and NFTs might evolve in a new direction, and privacy technology might gain importance. BTC and…
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Harmony hacker moves $726k worth of stolen WETH
[ad_1] The Harmony Bridge moved 463.82 Wrapped Ethereum (WETH) — worth roughly $726,000 — of stolen funds into “0xA60C37d8362F6adf61317Bf6306A52d8087127Da” on Feb. 3. The new wallet received 463.82 WETH across five transactions and has remained dormant — without inflows or outflows for roughly an hour as of press time. Harmony Bridge stolen funds on the move…
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Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause
[ad_1] Introduction The collapse of Terra (LUNA) in June 2022 was the spark that ignited a fire that kept devouring the crypto market. The chain reaction of prominent industry players bankrupting continued throughout the year and culminated with the collapse of FTX, one of the largest crypto exchanges in the industry. When FTX collapsed, it…
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Cathie Wood’s ARK Invest expects BTC at $1M by 2030
[ad_1] Cathie Wood’s ARK Invest expects Bitcoin’s price to rise to $1M per coin by 2030, along with a boom in annual fees of smart contract networks, according to a new report published by the investment management firm. The highlights of the Jan. 31 report include: Bitcoin will hit $1 million per coin by 2030…
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Warner Bros to broadcast blockchain quiz during ‘Inside the NBA’ on TNT
[ad_1] U.S. television network TNT will air a ‘watch-to-earn’ quiz during ‘Inside the NBA’ during the next live show on Feb. 3 at 4 am UTC powered by ImmutableX, the gaming-focused Ethereum layer-2 chain. The online trivia game, ‘B/R W2E,’ from Warner Bros. Discovery Sports, will become a weekly feature during the Emmy Award-winning basketball…
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Central Bank of Sri Lanka insists Bitcoin will not fix economic crisis
[ad_1] Tim Draper’s attempt to bring Bitcoin to Sri Lanka was firmly rejected by the country’s President Ranil Wickremesinghe, according to Bloomberg News. Despite President Wickremesinghe declaring the country bankrupt in July 2022, the offer to integrate Bitcoin into the national economy was not taken up. Sri Lanka is bankrupt Around April 2022, protests erupted…
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OpeaSea announces slew of new creator tools
[ad_1] The NFT marketplace OpeaSea has launched a suite of new Drop features that give designers new tools to mint assets on the site. These include multi-stage minting phases, allowlist support, and rich narrative components, among other tools. The next phase of Drops was announced by OpenSea on Feb. 2. The rollout is expected to…