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Weekly News

Read more about the article Montenegro High Court may extradite Do Kwon to South Korea after appeal — Report

Montenegro High Court may extradite Do Kwon to South Korea after appeal — Report

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

The co-founder of bankrupt Terraform Labs was first set to be extradited to the United States after lengthy court battles. The High Court in Podgorica, Montenegro, has ruled that Terraform…

Continue ReadingMontenegro High Court may extradite Do Kwon to South Korea after appeal — Report
Read more about the article Hong Kong launches Project Ensemble to support tokenization with wCBDC

Hong Kong launches Project Ensemble to support tokenization with wCBDC

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

The HKMA’s latest CBDC project will look at tokenized deposits in tokenized asset transactions. The Hong Kong Monetary Authority (HKMA) will launch a project to create a new wholesale central…

Continue ReadingHong Kong launches Project Ensemble to support tokenization with wCBDC
Read more about the article Altseason is coming — or at least data suggests that its close

Altseason is coming — or at least data suggests that its close

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

Crypto traders and several metrics suggest that an altcoin season is about to begin. Bitcoin (BTC) price witnessed a sharp correction shortly after hitting a new all-time high at $69,324…

Continue ReadingAltseason is coming — or at least data suggests that its close
Read more about the article Majority of social media posts about metaverse show positive sentiment

Majority of social media posts about metaverse show positive sentiment

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

A review of 86,565 social media posts related to metaverse technology showed only 14% negative sentiment. A team of researchers from the United Arab Emirates recently conducted a study to…

Continue ReadingMajority of social media posts about metaverse show positive sentiment
Read more about the article Core Scientific seals $100M deal with CoreWeave as miners diversify cash streams

Core Scientific seals $100M deal with CoreWeave as miners diversify cash streams

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

Core Scientific has leased a former Hewlett Packard data center in Austin, Texas, to host CoreWeave’s infrastructure, delivering up to 16 MW of capacity for HPC expansion. Bitcoin miner Core…

Continue ReadingCore Scientific seals $100M deal with CoreWeave as miners diversify cash streams
Read more about the article Showcase your talent: Web3 hackathon at BlockShow festival

Showcase your talent: Web3 hackathon at BlockShow festival

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

Join the Hackathon co-organized with Epic Web3 in Hong Kong on May 8-9, 2024, as part of the BlockShow x BlockDown Festival, co-organized by Cointelegraph and EAK Digital. The BlockShow…

Continue ReadingShowcase your talent: Web3 hackathon at BlockShow festival
Read more about the article BTC price needs 5% dip to liquidate $2B of Bitcoin longs

BTC price needs 5% dip to liquidate $2B of Bitcoin longs

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

Bitcoin traders are precariously betting on current sideways BTC price action soon ending. Bitcoin (BTC) will liquidate $2 billion of BTC long positions if it drops just $3,000 from current…

Continue ReadingBTC price needs 5% dip to liquidate $2B of Bitcoin longs
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