Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
Hamster Kombat, once hailed as the largest mini-game on Telegram with a peak of 300 million accounts, is now facing a sharp decline in both player activity and the value of its native token, HMSTR. The game, which had taken the crypto gaming world by storm earlier this year, has seen its monthly active accounts … Read more
The federal government of Pakistan is poised to make significant changes to the State Bank of Pakistan (SBP) Act, with a series of proposed amendments that aim to allow dual nationals to hold key positions within the central bank and legalize the use of digital currencies, including cryptocurrencies like Bitcoin. This initiative marks a pivotal … Read more
Recent comments from Florida’s Chief Financial Officer, Jimmy Patronis, have brought attention to the state’s growing interest in digital assets, revealing that Florida currently holds approximately $800 million in investments tied to this asset class. However, details about the specific instruments involved remain unclear. Potential for Increased Investment In an interview with CNBC, Patronis expressed … Read more
In a significant move underscoring national security priorities, the Biden administration has ordered MineOne, a bitcoin mining facility located near Warren Air Force Base in Cheyenne, Wyoming, to cease operations. This decision comes as the company was in the process of being acquired by the U.S. firm CleanSpark (CLSK), highlighting ongoing concerns regarding foreign ownership … Read more
The Book of Meme (BOME) has experienced a turbulent week, currently trading at $0.008752. This represents a decline of -1.60% in the past 24 hours and -1.36% over the past week, with a circulating supply of 69 billion BOME tokens, resulting in a market capitalization of approximately $603.8 million. Despite the recent price dips, BOME … Read more
A significant security breach has compromised multiple decentralized applications (dApps), traced back to malicious code injected into Lottie Player, a popular JavaScript animation library. The attack took advantage of recent updates to the Lottie Player’s npm package, specifically in versions 2.0.5 through 2.0.7, where hackers embedded harmful code within JSON files used for displaying animations … Read more
Telegram Mini Apps are skyrocketing in popularity, capturing the attention of the platform’s estimated 950 million users. With a user base eager for entertainment, these lightweight applications are ushering in a new era of mobile gaming, as seen with viral hits like Hamster Kombat and Catizen. In this article, we’ll explore what Telegram Mini Apps … Read more
In an open letter addressed to Vice President Kamala Harris and former President Donald Trump, Charles Cascarilla, CEO and co-founder of Paxos, emphasized the critical need for the next presidential administration to adopt digital assets and reform outdated financial regulations. He warned that America’s position as a financial leader is at stake if these changes … Read more
New York-based cryptocurrency exchange Gemini has received in-principle approval from the Monetary Authority of Singapore (MAS) to offer its services in the region. This significant regulatory nod marks a major step forward for Gemini’s ambitious plans to solidify its position as a leading player in the Asian cryptocurrency market. A Strategic Move for Gemini The … Read more
PayPal Holdings, Inc. (NASDAQ: PYPL) has announced robust financial results for the third quarter of 2024, demonstrating significant growth across various operational metrics. The company achieved a 6% increase in net revenues, totaling $7.8 billion, alongside an 8% rise in transaction margin dollars, which reached $3.7 billion. Impressive Income Growth The financial performance showcased remarkable … Read more