Is crypto entering a bear market? — 5 Things to know in Bitcoin this week
Bitcoin and crypto institutional product outflows underscore what is becoming a standard September for BTC price performance.
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Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs. The Federal Reserve Bank of Boston has entered into a partnership with the Massachusetts Institute of Technology to better understand the concept of digital currencies.The bank will work with MIT researchers on a multiyear project…

Cathie Wood’s ARK buys $1.5M SOFI shares as SoFi exits crypto
Cathie Wood’s ARK has been actively accumulating shares of SoFi, which announced plans to terminate crypto services by the end of 2023. 381 Total views 4 Total shares ARK Invest, a cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, bought about $1.5 million of SoFi Technologies (SOFI) shares on Nov. 29, the day

Fantasy authors turn the VulcanVerse NFT game into a trilogy of books
Two of Britain’s most successful gamebook authors will turn VeChain’s VulcanVerse NFT game into a fantasy trilogy series. Award-winning British fantasy authors Dave Morris and Jamie Thomson will write a new fantasy trilogy “The Vulcan Verses”. The title is based on VeChain’s forthcoming Vulcan Forged non-fungible token (NFT)-powered collectible card game and decentralized virtual world VulcanVerse.With…

J.M. Smucker Uses IBM Blockchain to Trace Coffee Beans for 1850 Brand
The J.M. Smucker Company, also known as Smucker’s, has announced that it will use blockchain technology to trace Colombian coffee beans directly back to their source while allowing consumers the opportunity to support coffee farmers.The American food manufacturer has formed a partnership with Farmer Connect — an organization committed to increasing transparency and sustainability in…

Ethereum DeFi protocol Hope Lend drained after exploit
The protocol, which had 526 Ether in total value locked, was emptied in an attack on Oct. 18. 95 Total views 1 Total shares Ethereum decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after a devastating hack.According to multiple blockchain security firms, on Oct. 18, two individuals, a

US Bitcoin ETFs first anniversary: A surge far above expectations
Many executives and analysts predicted the success of US spot Bitcoin ETFs in 2024, but the funds surpassed expectations.

Aethir, MetaGravity partnership boosts scalable DePIN gaming development
The partnership aims to simplify and scale gaming development using DePIN technology, enhancing accessibility and efficiency.

War puts BTC price to the test — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in the shadow of a new geopolitical conflict — what are the main hurdles that investors face?In what has become an unrecognizable macro-environment compared to even days ago, Bitcoin, like many other assets, is feeling the pressure.Russia’s invasion of and subsequent war against Ukraine is wreaking havoc on global…