Tech leader Jack Dorsey is betting big on Bitcoin, forecasting a price explosion to over $1 million by 2030. As Pirates Wires’ Mike Solana asked for his take on Bitcoin’s future value, Dorsey said: “I don’t know. Over… at least a million. I do think it hits that number and goes beyond.” Still, the crypto...
Nigeria has fired back at Binance Holdings’ bribe accusation, claiming it’s a distraction to shift focus away from the exchange’s actions. The statement on Wednesday followed Binance CEO Richard Teng’s blog post, where he accused a Nigerian government official of pressuring crypto representatives to accept a secret agreement. This agreement would supposedly settle claims the...
European stocks traded mixed on Thursday as uncertainty over Fed rate cuts deepened, and Israel forces pushed ahead with attacks on Rafah. Traders also awaited the outcome of a Bank of England (BoE) policy meeting later in the day for further direction. The central bank is set to hold its policy rate flat for a...
Morse code, cryptic messages, and a redesign of NEAR Protocol’s X profile have left users concerned that they have been hacked. On May 8th, NEAR Protocol’s official X handle began to post a series of cryptic tweets and messages which left the crypto community puzzled. The unusual behavior started with a 28-second-long video containing a...
The Philippine economy expanded at a faster pace in the first quarter but the rate fell short of expectations on weaker domestic demand growth amid tight monetary policy. Gross domestic product grew 5.7 percent from a year ago after rising 5.5 percent in the fourth quarter of 2023, the Philippine Statistics Authority reported Thursday. Growth...
Blockdaemon, a crypto infrastructure provider, said it is adding Liquid Collective’s ecosystem to its platform, this in turn will allow its developers to contribute to the ETH liquid staking protocol. In an announcement, Blockdaemon said it is supporting Liquid Staked ETH (LsETH) minting, redemption, and custody. This will mean “LsETH” will be integrated as the...
Allegro MicroSystems, Inc. (ALGM) on Thursday reported a net loss attributable to the company of $7.12 million or $0.04 per share, compared to net income of $61.98 million or $0.32 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter was $0.25 per share, compared to $0.37 per share in the year-ago...
Thanks to a recent partnership, developers can build non-custodial, on-chain Web3 games and products as Telegram Mini Apps (TMAs). Inco, developers of a universal confidentiality layer for Ethereum and other networks, has announced its partnership with Privy, an embedded wallet provider that enables crypto app developers to onboard their users easily. Developers can now access...
The Bank of England left its key policy rate unchanged for the sixth consecutive meeting and signaled that the first rate cut since 2020 is on the horizon. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in a split vote. The current bank rate is the highest since early...
Web3 games are having an excellent week, with Nyan Heroes, Shrapnel, and The Sandbox in the spotlight. Quite a few new developments hit the market over the past three days, including partnerships to bring TV competitions into the metaverse with special perks for players, debuting the rank mode of popular hero shooters, and simplifying in-game...