Author: Sagarika Chatterjee

In a surprising move, the Trump family has returned to the NFT scene with a fresh lineup of digital collectibles. Just two months after former U.S. President Donald Trump released his second batch of NFT trading cards, his wife Melania has now launched “The 1776 Collection,” a set of NFTs inspired by the upcoming Independence Day holiday.  These NFTs feature iconic American landmarks and are being sold through a website called USA Collectibles. Additionally, the website offers “POTUS TRUMP” NFTs featuring photos of the former president and first lady. Melania Trump’s NFTs, known as “The 1776 Collection,” are built on…

Binance, the prominent cryptocurrency exchange, is actively searching for a new banking partner in Europe following an announcement from Paysafe Payment Solutions, a global payment service provider, that it will withdraw its support for Binance. Paysafe cited a strategic review as the reason behind the decision and stated that an orderly and fair process would be implemented to terminate the service over the next few months. Binance confirmed the development and shared that Paysafe would cease providing EUR deposits and withdrawals via Bank Transfer (SEPA) to Binance users starting from September 25, 2023. SEPA, short for Single Euro Payments Area,…

In a two-week-long battle, Damus, a Twitter-like app popular among Bitcoin enthusiasts, successfully retained its place in the Apple App Store. The conflict began on June 13 when Apple threatened to remove Damus due to alleged violations of the company’s in-app purchase guidelines. The app enabled users to send tips or “zaps” using Bitcoin instead of Apple Pay, which sparked the controversy. On June 27, reports emerged stating that Apple planned to remove Damus from the App Store, citing violations of in-app purchase guidelines. Damus founder, William Casarin, announced this decision via Twitter on Monday, intensifying concerns among Bitcoiners who…

During the last two weeks, BTC miners have transferred more than one billion dollars worth of the cryptocurrency to various crypto exchanges. However, their intention behind these transfers may not necessarily be to sell the tokens. Miners are individuals or entities that employ powerful computer systems to solve complex cryptographic puzzles and generate new blocks on the Bitcoin blockchain. As a reward for their efforts, miners receive 6.25 BTC per block, which they often sell to finance their operations or expand their mining activities. According to a tweet by analytics firm CryptoQuant, approximately 33,860 BTC has been sent to derivatives…

In a surprising move, the bankrupt cryptocurrency exchange FTX has put a stop to the sale of its highly sought-after stake in artificial intelligence (AI) startup, Anthropic. The stake, valued at an impressive $4.6 billion, had attracted significant interest from potential buyers in the secondary market. However, FTX’s decision to halt the sale has left many wondering about the reasons behind this sudden change. Anthropic, founded by former OpenAI employees, has quickly risen to prominence in the booming field of AI. With its recent successful fundraising round of $450 million for the development of its AI bot named Claude, the…

On June 26, on-chain analytics provider Glassnode reported that the number of Bitcoin whales has “experienced a perpetual decline.” This observation from Glassnode further strengthens the notion that the decline in whale wallets holding significant amounts of Bitcoin is an ongoing and persistent trend. The perpetual decline in the number of whales reinforces the importance of promoting decentralization and reducing the potential for market manipulation by these large holders. Whales typically seek to boost the value of their currency, but often at the expense of others, causing them to fall victim to their market-moving actions. To counter this, one effective…

An upcoming documentary about the mysterious disappearance of the Bitcoin creator is a captivating work produced by Paul Kemp Productions in association with All3Media International. It has secured distribution rights and will be premiered on CBC’s renowned doc strand, ‘The Passionate Eye,’ later this year. Satoshi Nakamoto, believed to be an alias for the enigmatic inventor of Bitcoin, introduced the groundbreaking cryptocurrency to the world in 2009. Its rapid global adoption revolutionized financial interactions for countless individuals. However, less than two years after its launch, Nakamoto vanished, leaving behind a puzzling void. “Searching For Satoshi: The Mysterious Disappearance of the…

In recent months, several major American retailers have become targets of a disturbing trend, bomb threats coupled with ransom demands. While bomb threats are not uncommon in various settings, the inclusion of monetary demands in these recent incidents sets a new twist in criminal tactics. Retail giants such as Kroger, Walmart, and Whole Foods Market, among others, have been subjected to these threats, spreading across different states from New Mexico to Wisconsin. Law enforcement agencies have taken these threats seriously, evacuating the premises and conducting thorough searches, but fortunately, no explosive devices have been found so far. However, these shoddy…

In a recent research report, JPMorgan highlights the growing importance of low electricity costs and a highly sustainable energy mix for Bitcoin (BTC) miners in an increasingly competitive landscape. The report emphasizes that electricity expenses significantly impact the overall cost of Bitcoin production, prompting miners to seek cheaper and more sustainable energy sources to safeguard profitability. As electricity prices continue to decline, particularly in the United States, where the majority of Bitcoin mining firms are based, the bank observes that lower electricity costs should help mitigate the rise in production expenses amid escalating hashrates. JPMorgan’s analysis underscores the pivotal role…

FC Barcelona, in collaboration with the NFT project World of Women (WoW), is set to unveil its second release of the “Masterpieces” collection. This partnership aims to showcase the achievements of iconic players, past and present, through digital artwork. The upcoming auction for the “Empowerment” NFT artwork, featuring women’s club captain Alexia Putellas, promises to celebrate the success of female athletes while highlighting the integration of sports, art, and digital technology. World of Women (WoW) is an NFT project that focuses on celebrating diversity and inclusivity by featuring images of unique women. The partnership with FC Barcelona allows WoW to…