Author: CryptooTimes
Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased. Source link
Bitcoin held its ground above $67,000 during the European morning following the Fed’s hawkish interest rate projections on Wednesday. The U.S. central bank left rates unchanged on Wednesday and predicted just one reduction this year, which sent bitcoin lower. Following a dip toward $67,000 during the Asian morning, BTC ticked back upward swiftly before trading between $67,200-$67,800. At time of writing, bitcoin is sitting above $67,900, up 0.16% 24 hours ago. The CoinDesk CD 20, meanwhile, is down 0.34% in that time. Ether has fluctuated either side of $3,500, currently 1.1% down in the last 24 hours. Source link
The Enforcement Directorate (ED) of India has frozen approximately ₹32 crore ($3.83 million) in cash deposits and other assets linked to the Highrich online group. The group is under investigation for allegedly operating a crypto Ponzi scheme. Per The Hindu, citing sources close to the matter, ED’s investigation uncovered that K.D. Prathapan and Sreena Prathapan’s Highrich Group amassed approximately ₹1,500 crore ($179,532.75) from investors under the guise of high returns and a 15% annual interest rate. The ED has accused the company’s promoters and stakeholders of engaging in illegal cryptocurrency trading activities on several exchanges and promoting their own cryptocurrency,…
The $100 billion mark took just 10 years with the bulk raised since the COVID-19 pandemic. Source link
“Film.io is a decentralized community that filmmakers can build around their own film project and really choose their own path,” said Hertz in an interview. “They can seek funding, distribution, as well as assistance from the community in developing their project, whether it’s improving the idea or even getting assets recreated, like movie posters or things like that, doing it In a decentralized way.” Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts anticipate a 50x rise in Rebel Satoshi’s RBLZ, prompting holders of WLD and WIF to seek refuge. TLDR Rebel Satoshi, an ETH memecoin inspired by Guy Fawkes and Satoshi Nakamoto, will challenge centralized market forces. Its ecosystem is powered by two tokens: RBLZ for governance, and RECQ works as a utility token. Worldcoin (WLD) hit an ATH of $11.84 in March 2024 but has since dropped by 60%. Active addresses declined from 1,963 on May 12 to 1,267…
Bitcoin price needs to rise above $68,000 to sustain buying in ETH, TON, UNI, and XMR. Source link
I started drafting my talk, explaining how money powers incentives and therefore powers how world-changing innovation enters the world. When government funding for research took off in the 1950s, it led to breakthroughs in science, medicine and technology. Similarly, the growth of venture capital over the past few decades, led to the acceleration of startups and innovative companies. My argument: crypto is powering a bottoms-up scalable way of distributing funding into areas that need it most. At least, this is the hope. However, trying to find mainstream, tangible examples has been few and far between. Source link
Illustration: FromSoftwareElden Ring’s first and only expansion, Shadow of the Erdtree, features an exciting new storyline with dozens of hours of gameplay to experience—but accessing it isn’t a walk in the park, and data suggests that there are crucial steps many players haven’t yet taken. If you want to see what the challenging new DLC has to offer, you’ll have to find your way to a well-hidden section of the main game and defeat multiple optional bosses, including one of the toughest in the game: Mohg, Lord of Blood. – Billy Givens Read More Source link
According to Ethereum (ETH) co-founder Vitalik Buterin, the new image compression method Token for Image Tokenizer (TiTok AI) can encode images to a size large enough to add them onchain. On his Warpcast social media account, Buterin called the image compression method a new way to “encode a profile picture.” He went on to say that if it can compress an image to 320 bits, which he called “basically a hash,” it would render the pictures small enough to go on chain for every user. The Ethereum co-founder took an interest in TiTok AI from an X post made by…
