Day: November 22, 2022

The rise of mobile gaming shared a lot in common with crypto gaming

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Over the last decade, mobile gaming has become a consequential pillar of the interactive entertainment market. Thanks to access to smartphones, users the world over have been brought into the sphere of hardcore gamers. Now, the emergence of blockchain technology is creating a paradigm shift, offering players the ability to both truly own the assets they earn or buy in-game and the capacity to generate tangible value from their time spent playing. There are many opportunities that this new model can offer, but today, most of the projects available simply…

Huobi Global Rebrands as Huobi, Introduces New Strategy – Sponsored Bitcoin News

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sponsored Huobi will endeavour to bring value to its business and provide secure and professional services to its users as it rebrands. Various technologies and resources will also be integrated into Huobi’s global public chain ecosystem, including the technology and resources offered by the HECO and TRON public chains, as well as the bridge between their chains, the BTTC. Huobi: New Brand, New Strategies Huobi Global has been rebranded to Huobi. The updated name of the company is composed of the Chinese characters “火” and “必”. Originally from Chinese culture,…

‘Substantial amount’ of FTX’s assets stolen or missing — Bankruptcy counsel

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James Bromley, a partner at law firm Sullivan & Cromwell representing debtors in FTX’s bankruptcy case in the District of Delaware, has said that assets at the firm continue to be at risk from cyberattacks. In a livestream of FTX Trading’s bankruptcy proceedings on Nov. 22, Bromley said new FTX CEO John Ray III had laid out core objections aimed at getting the firm, remaining employees and funds through the controversial and public collapse. According to the FTX co-counsel, a core group of employees has continued to work at the…

‘Substantial amount’ of FTX’s assets stolen or missing — bankruptcy counsel

James Bromley, a partner at law firm Sullivan & Cromwell representing debtors in FTX’s bankruptcy case in the District of Delaware, has said that assets at the firm continue to be at risk from cyberattacks. In a livestream of FTX Trading’s bankruptcy proceedings on Nov. 22, Bromley said new FTX CEO John Ray had laid out core objections aimed at getting the firm, remaining employees, and funds through the controversial and public collapse. According to the FTX co-counsel, a core group of employees have continued to work at the exchange…

Raoul Pal Gives Update On FTX Collapse | Bitcoin, Ethereum, Crypto Update

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Raoul Pal Gives Update On FTX Collapse | Bitcoin, Ethereum, Crypto Update ——– CREDITS: Crypto UPDATE: Ask Me Anything LIVE w/ Raoul Pal ——————————————————————————– 🟢Subscribe here — ——————————————————————————– 👉 FINANCIAL DISCLAIMER This channel is intended to share tips and investment videos by experts. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your own research before making any financial action. FAIR-USE COPYRIGHT DISCLAIMER Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for…

Crypto Market Loses $60B In Two Days As Bitcoin Price Plunges

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The past few days in the Bitcoin and crypto market have had a forceful impact from the bears. The prices of most of the crypto assets have been tolling to the south beyond expectation. In addition, the entire market is experiencing a decline due to the collapse of the FTX exchange. The outcome of the recent events has raised more doubts in the crypto space. Bitcoin is dipping drastically and has gone below the $16K region. However, the altcoins are not left in the bearish trend. Lots of the assets…

Blue Chip NFTs Owned by Celebs Lose Significant Value – Bitcoin News

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During the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest declined, but blue chip non-fungible tokens (NFTs) don’t hold the value they once did at the beginning of 2022. For instance, statistics show the Bored Ape Yacht Club (BAYC) collection’s market valuation based on floor values was worth $2.33 billion on Feb. 3, 2022 — 291 days later…