GameStop's Digital Gamble
GameStop's board approves adding Bitcoin to its treasury reserve as an asset, as the company reports a rise in profit. The move aims to diversify its investment portfolio and potentially generate new revenue streams.
GameStop's board approves adding Bitcoin to its treasury reserve as an asset, as the company reports a rise in profit. The move aims to diversify its investment portfolio and potentially generate new revenue streams.
GameStop is doubling down on its strategy, echoing its 2020 pivot into gaming and e-commerce. The company is now focusing on Bitcoin and expects to have more stores by 2025, aiming to become a leading destination for gamers and cryptocurrency enthusiasts.
CBOE files application to list Fidelity's spot Solana ETF, marking a significant milestone in the growth of Solana's decentralized finance (DeFi) ecosystem.
GameStop, a US-based video game retailer, plans to add Bitcoin to its balance sheet, marking a significant move into the cryptocurrency space. The company aims to make Bitcoin a viable payment option for customers, while also exploring other blockchain-based initiatives.
Russian scientists develop a new method to detect gravitational waves from supermassive black holes. The technique uses artificial intelligence and machine learning algorithms to analyze data from space-based telescopes, potentially revolutionizing our understanding of the universe.
GameStop announces an update to its investment policy, adding Bitcoin as a treasury reserve asset. The company aims to diversify its investments and explore new opportunities in the digital asset space.
Ripple to receive $75m of court-ordered fine back from SEC after dropping cross-appeal. The settlement comes after a years-long legal battle over SEC allegations of XRP securities violations.
The Bitcoin market has seen significant declines in recent months, sparking debate on whether it has bottomed out. Experts are divided, with some predicting further falls while others believe a rebound is imminent. Factors like regulatory clarity, institutional investment, and network fundamentals will influence the market's next move.
Arizona is considering the creation of a cryptocurrency reserve, which would be the first of its kind in the US. The reserve would manage and regulate cryptocurrencies, similar to the state's gold and silver reserves. This move aims to promote the growth of the crypto industry in Arizona and establish the state as a leader in digital assets.
Mark Carney, former Prime Minister of Canada, revealed that his daughter attended the Tavistock Gender Clinic, a well-known center for gender identity issues. She now identifies as non-binary, using they/them pronouns.
Former President Trump's digital assets company, Trump Digital Assets, is poised to expand its cryptocurrency offerings, including a new token called "Truth Coin." The company aims to tap into the growing demand for digital assets and build a global brand.
Cardano's (ADA) price could be on the path to new highs due to three key factors: the upcoming Shelley hard fork, which will enable staking and increase liquidity; the development of a robust decentralized finance (DeFi) ecosystem; and the potential for increased institutional investment as Cardano's security and scalability improve.
Bitcoin miners' income stabilizes post-halving, according to Coin Metrics. The report shows that miners' revenue has remained relatively flat since the halving event, which reduced the block reward by 50%. This stability is attributed to the increased demand for Bitcoin, driven by institutional investors and retail traders.
Trump's crypto empire, Digital World Acquisition Corp., is set to expand into the stablecoin market with a new investment in a company called TrustToken. The move aims to capitalize on the growing demand for stablecoins, which are pegged to the value of a traditional currency.
Former President Trump's media venture saw a surge in shares after partnering with Crypto.com to launch a digital asset ETF. The deal sent Trump Media & Technology Group's stock up 22% on the news, as investors bet on the potential for the company to tap into the growing cryptocurrency market.
MT Gox, once the world's largest Bitcoin exchange, is repaying nearly $1 billion in Bitcoin to creditors after a decade-long legal battle. The company's bankruptcy trustee has approved a plan to distribute the remaining funds to those who lost Bitcoin during the 2014 collapse.
Researchers at Glassnode claim to have found no conclusive on-chain evidence linking the collapse of Mt. Gox to a specific transaction or event. The study analyzed Mt. Gox's transaction history and found no unusual spending patterns or large transactions around the time of the exchange's failure.
A crypto analyst predicts XRP price could reach $8-10 based on mathematical chart patterns, including a potential "cup and handle" formation and a "triangle" pattern, which could indicate a significant price increase.
The crypto market is under pressure with Ethereum and Bitcoin struggling to regain momentum. Despite the recent declines, some experts believe buyers will step up this time, citing oversold conditions and a potential rebound. However, the road to recovery will be challenging, requiring a sustained buying impulse to overcome the bearish sentiment.
A newly discovered Android malware uses NetMaui, a popular UI framework, to evade detection by disguising itself as a legitimate app. The malware, named "Android. NetMaui. Malware", can steal sensitive information, record audio, and even take control of the device's camera. Its unique use of NetMaui makes it challenging to detect, highlighting the need for improved security measures.