Chinese tech giant Tencent is exploring a potential acquisition of Nexon, the South Korean game developer behind the hit title Dungeon & Fighter, Bloomberg reports. Nexon is heavily invested in Web 3 gaming, including the ambitious MapleStory franchise. The firm has reportedly
Ether (ETH) ETH tumbled more than 7% over the past 24 hours, falling from a session high of $2,770.56 to as low as $2,477.71 before recovering slightly to $2,536 at press time. The sharp decline came amid a broad risk-off move across
By Francisco Rodrigues(All times ET unless indicated otherwise) Cryptocurrencies slid as Israeli airstrikes on Iran’s nuclear and missile sites roiled global sentiment and sent investors fleeing risk assets. The CoinDesk 20 Index (CD20), a measure of the broad crypto market, lost 6.1%
Walmart (WMT) and Amazon (AMZN) are considering issuing their own stablecoins in the United States, according to a report by the Wall Street Journal. These corporate digital tokens, pegged to the U.S. dollar or other government-backed currencies, could dramatically reduce merchant fees
Bitcoin Bollinger Bands analysis leads to potentially grim conclusions about the fate of the BTC price rebound, which began at sub-$75,000 lows in April.
GameStop boosted its convertible note offering to $2.25 billion, fueling its Bitcoin treasury strategy and raising speculation about future crypto investments.
SINGAPORE — Ripple CEO Brad Garlinghouse is betting big on XRP’s XRP role in the future of cross-border payments, saying the token could capture 14% of the volume carried by SWIFT, the global interbank messaging network, within five years. Speaking at the
Anthony Pompliano, a digital assets influencer and podcast host, is set to become CEO of ProCapBTC, a new investment vehicle aiming to acquire large amounts of bitcoin BTC, according to the Financial Times, which cited three people familiar with the talks. Under
The SEC and Ripple have moved to close the chapter on one of crypto’s longest-running legal battles, jointly filing a motion in Manhattan federal court to dissolve the injunction in their case and release the $125 million civil penalty currently held in
Volatility in crypto markets is rising, but smart money is clustering around some major tokens with booming onchain ecosystems. Crypto markets wobbled on Thursday as traders reacted to renewed military action in the Middle East, with Israel’s reported airstrikes on Iran prompting