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A recent Financial Times report highlights the remarkable growth of the crypto casino industry, which has reached an impressive $81.4 billion in gross gaming revenue (GGR) in 2023, a fivefold increase from 2022. This surge is attributed to the accessibility of unregulated offshore platforms, with many users employing VPNs to engage in online gambling. Some … Read more
In a recent social media post, renowned author and statistician Nassim Taleb, known for his book “Black Swan,” declared gold as the new reserve currency, highlighting its 35% appreciation against the dollar. Taleb criticized U.S. President Donald Trump’s economic policies, suggesting they have led to a significant flight from American assets. He expressed a strong … Read more
Mike Novogratz’s Galaxy Digital has reportedly executed a significant swap, transferring approximately $100 million worth of ethereum for solana. According to a post from Wu Blockchain, onchain data from Lookonchain reveals that Galaxy Digital transferred 65,600 ETH, valued at around $105 million, to Binance over the past two weeks. Concurrently, the firm withdrew 752,240 SOL, … Read more
Astra Fintech has announced the launch of a $100 million fund aimed at accelerating innovation within the solana ecosystem. This initiative seeks to identify and support high-potential builders and startups, building on Astra’s successful track record with projects like Mulex, DEPE, and Mone, and its sponsorship of the Seoulana event. In addition to funding, Astra … Read more
Gold is starting to seem unstoppable, breaking historic numbers day after day. On early Tuesday morning hours, the precious metal broke again its all-time high price, blowing past the $3,500 mark in COMEX, with future contracts reaching $3,506.35 per troy ounce. The hottest commodity of 2025 surpassed the $3,400 limit yesterday, scoring what was at … Read more
China’s Ministry of Commerce issued a warning that the global economy could face severe consequences if U.S. tariff policies continue to escalate. The ministry criticized what it described as coercive trade tactics aimed at isolating China, arguing that such measures undermine fair economic principles and risk triggering systemic damage for all nations. It emphasized that … Read more
Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), has revealed the company’s latest bitcoin coup: a strategic acquisition of 6,556 BTC for $555.8 million. The purchase translates to a crisp $84,785 per coin, further cementing the firm’s position as a titan in corporate crypto holdings. On Monday, Saylor highlighted an impressive milestone—the business intelligence (BI) … Read more
Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen. The untraceable funds primarily flowed into mixers before being transferred … Read more
Gold prices reached another all-time high during early Monday hours, blasting past the $3,400 per troy ounce mark. Gold futures contracts reached prices of $3,405,94 on COMEX, surpassing the record numbers achieved on April 17. The precious metal has been in a rush this year, scoring an intraday rise of $71 (+2.15%) and setting itself … Read more
N1, a layer 1 blockchain backed by Founders Fund, has announced the launch of its first testnet, inviting developers to request access via direct message. Designed to support applications and horizontal scalability, N1 aims to streamline performance by avoiding consensus in most cases, allowing for unordered and asynchronous transactions by default. This approach enhances scalability … Read more