Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games. Web3 game publisher Fenix Games raised $150 million in funding to acquire, invest and distribute blockchain games. The fund will be used to create a game publishing company specifically for mainstreaming blockchain...Continue Reading

The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s trading price was around $13,500. The revenue earned by Bitcoin (BTC) miners fell to two-year lows owing to poor market performance and a heavier computational...Continue Reading

From Sam Bankman-Fried to Bitboy, cryptocurrency fans have been too quick to support divas who gained notoriety on social media. It’s a phenomenon that needs to end. Many of the centralized cryptocurrency platforms that collapsed this year had something in common: a young, outspoken and cocky leader. Each gained outsized influence not by virtue of...Continue Reading

Adams said New York is still focused on becoming a crypto hub, but statewide efforts to reduce emissions can be combined with this goal. New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs...Continue Reading

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Tornado Cash developer Alexey Pertsev to stay detained until next years...Continue Reading

Bitcoin is a “buy the dip” opportunity with the BTC price at $16,000 or a bear market capitulation waiting to happen, depending on who you ask. Bitcoin (BTC) has spent over a year in a downtrend since its $69,000 all-time highs in November 2021. BTC price performance has given investors up to 77% losses, but...Continue Reading

According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in US pegged stablecoins. Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov. 25.  In a Twitter thread, Arkham revealed that Alameda...Continue Reading

Blockchain benefits the supply chain industry by enhancing the traceability, transparency and tradability of goods and services that move along the value chain. The future of blockchain-based supply chain? The demand for the blockchain-based supply chain is driven by customers’ need to know the specific source of their items and whether they were made according...Continue Reading

The first and the last major attempt to encourage a comprehensive crypto framework was buried in the House of Commons on Nov. 23. In October, Toronto-based Coinsquare became the first crypto trading business to get dealer registration from the Investment Industry Regulatory Organization of Canada (IIROC). That means a lot as now Coinsquare investors’ funds...Continue Reading

The growing presence of projects identified as DAO raises the question: What makes them sustainable across time and technology changes? The rising popularity of decentralized autonomous organizations (DAO) reflects the growing tendency toward the creation of community-focused projects within the Web3 ecosystem.  At its core, a DAO is an organizational structure that allows decentralized decision-making...Continue Reading