On May 12th, the ongoing correction in Avalanche(AVAX) price marked a new low of $23 and managed a daily candle closing above $30. Furthermore, the resulting lower price rejection indicated the demand pressure from below and halts charging bears. Moreover, a second retest to this fresh is expected to initiate a minor bullish pullback. Key
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Source: coingape.com
Wonderland users have overwhelmingly voted to invest $25 million in tokens created by their former Chief Financial Office (CFO), 0xSifu.
The post Wonderland Users Vote to Sink $25M Into Sifu Vision Tokens appeared first on BeInCrypto.
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers.
The post Meta Platforms to Sunset Novi Digital Wallet This Fall appeared first on BeInCrypto.
Jacobi Asset Management is set to launch a Bitcoin exchange-traded fund (ETF) on the Euronext Amsterdam Exchange this month.
The post Jacobi to Launch Bitcoin ETF in Europe Amid Tightening Crypto Rules appeared first on BeInCrypto.
New York state has dealt a blow to miners by denying air permits for a gasoline-fired Bitcoin mining plant.
The post New York Denies Air Permit to Gasoline-Fired Bitcoin Mining Plant appeared first on BeInCrypto.
Embattled Crypto hedge fund Three Arrows Capital has filed a Chapter 15 bankruptcy in New York to protect its US assets after a liquidation order in the British Virgin Islands.
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Imprisoned WikiLeaks founder Julian Assange is the subject of a new NFT collection that features at this year’s Venice Biennale art exhibition. The collection, This Cannot Be Erased, is a collaboration between Greek artist Miltos Manetas and acclaimed British composer Howie B. Assange, who is currently fighting extradition to the United States, is not involved […]
Esteemed artist Miltos Manetas will tokenise 50% of his Julian Assange portraits, with the goal of raising awareness for the imprisoned activist. To further cement the blockchain connection, proceeds of the NFT drop will enter a DAO that forms part of the Venice Biennale Festival’s Internet Pavilion, a tech tent founded by Manetas in 2009. Named This Cannot Be Erased, the special collection of 111 NFTs will grant buyers access to one-of-one digital versions of hand-painted portraits created by Manetas over the last two years. The collection will be divided into three phases during which 37 tokens are to be minted on the Materia blockchain, starting June 23. This year’s Venice Biennale, now in its 59th year, runs from April 23 to November 27. While the majority of tents at the festival are reserved for countries, the Internet Pavilion is dedicated to Assange under the theme “AIIA – Assange is Internet Internet is Assange.” Manetas Aims to Leverage #AssangePower This Cannot Be Erased was produced by Manetas with support from long-time collaborator Howie B, a British composer who scored the original Internet Pavilion event thirteen years ago. Back then, Manetas and curator Jan Aman stirred controversy by inviting a number of people involved with activist website The Pirate Bay to Venice to inaugurate the Embassy of Piracy. The latest collection develops Manetas’ interest in freedom in the internet age, with the artist having continually voiced his support for a man he regards as a close friend. The painter, whose digital works have previously appeared on VR platform Second Life, likens the silencing of the WikiLeaks founder to governments attempts to crush dissent on the World Wide Web, leading to the aforementioned theme for this year’s Internet Pavilion: Assange is Internet Internet is Assange. The 111 NFTs in the collection are curated digital versions of the Assange portraits the artist created as part of the #AssangePower social media campaign. That blitz led Manetas to showcase his creations at Rome’s Palazzo delle Esposizioni and later Belgium’s IKOB Museum with an exhibition entitled Assange Situation – Emergency. This year, the location of the Internet Pavilion is the vast, prison-like domain of The Gervasuti Foundation, which Manetas considers an appropriate setting given Assange’s ongoing incarceration. The Foundation is located at the north end of Via Garibaldi, on the site of the Gervasuti family artisan wood workshop. Holders of This Cannot Be Erased will not only own a piece of art history; they’ll also become Trustees of AIIA, with the NFT designated a “currency” of a new internet “country” unbound by borders or barriers. As mentioned, money raised from the sale will go into the Internet Pavilion DAO, meaning art collectors can help decide which art projects the Pavilion funds in the future. Assange in Limbo Miltos Manetas has said that his goal is to raise awareness of Assange’s treatment, believing that he has been unjustly demonised for his whistleblowing activities. This view is echoed by human rights organisation Amnesty International, which calls the UK’s decision to extradite Assange to the US a “travesty of justice.” NFT that make up the new collection last for a minute, during which time the holder sees the face of Assange, fracturing before rapidly coming back together, never to erase. Each artwork is accompanied by a musical theme composed by Howie B. Assange is currently appealing the UK government’s extradition ruling. If the appeal fails, the activist could face a 175-year prison sentence if convicted in a US court.
Cryptocurrency exchange KuCoin has completely refuted rumors that suggested that them halting withdrawals on their platform owing to heavy losses suffered due to the LUNA collapse. Johnny Lyu, the CEO of KuCoin has come out clean on the matter earlier today. In one of his recent tweets, Lyu wrote: Be aware of FUDs! Not sure
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The price of Nvidia GPUs is tumbling as crypto miners capitulate, with prices on the secondhand market down by as much as 50%.
The post Nvidia Cards Tumble in Price as Crypto Miners Capitulate appeared first on BeInCrypto.
Meta has started letting some creators in the U.S. roll out non-fungible tokens on their Facebook profiles.
The post Meta Enabling NFT Showcase on Facebook Profiles appeared first on BeInCrypto.
Crypto lending platform BlockFi addressed the rumors of a potential purchase from major crypto exchange platform FTX. Initially reported by U.S. news outlet CNBC, the company was allegedly being bought by FTX at a $25 million valuation, a 99% discount from its nearly $5 billion 2021 valuation. Related Reading | Colombia Launches National Land Registry on […]
Weeks after FTX billionaire CEO gave out a $250 million credit facility to BlockFi, the crypto exchange is reportedly close to acquiring beleaguered BlockFi for a mere $25 million, 99% below BlockFi’s last private valuation as per CNBC. BlockFi’s current equity investors will get wiped out Anonymous sources informed CNBC that the two companies, FTX
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