In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong resurgence in the crypto investment space.
Record $2.45 Billion Inflows Catapult Crypto Funds to New…
Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from…
Investors in Collapsed Ponzi Scheme Resist Liquidator's Attempts to Force Repayment at Current BTC Prices
February 21, 2024
Investors in the bitcoin Ponzi scheme Mirror Trading International are reportedly resisting liquidators’ attempts to have them repay digital assets withdrawn before it collapsed. According to the investors’ lawyer, MTI liquidators are intentionally misinterpreting the…
Epic Games Store hits 270M PC users, up 17% from 2022
February 20, 2024
Epic Games said the Epic Games Store has hit 270 million PC players in 2023, up 40 million, or 17% from 2022.
This community now has a total of 804 million Epic cross-platform accounts. In 2023 Daily Active Users peaked at 36.1 million, and Monthly Active Users reached 75 million users – up from last year’s 68 million.
The store launched 1,300 new PC titles, and the Epic Games Store now…
Volvo CE puts electric equipment to work on fossil-free ski resort
February 20, 2024
Electric vehicles don’t work well in the cold? Nobody told Volvo CE – and they’re putting a fleet of battery electric equipment assents to work, collaborating with Sweden’s largest ski resorts to go fully fossil free.
Volvo CE has been working on a pilot project…
Shake it off ET9! NIO's EV answer to Maybach sheds snow with its vibrating chassis system [Video]
February 20, 2024
We’re still about a year before we see the first deliveries of the ET9 – NIO’s most luxe EV model to date, designed as an ultra-premium executive vehicle to compete with the likes of Porsche and Mercedes-Maybach. In a recent video posted by NIO, we see one of the…
Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period
February 20, 2024
Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range. Shorter timeframe charts point to strengthening bullish sentiment that could propel bitcoin out of its…
This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week’s most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of just over 58% in the past week.
Fed Governor Discusses Crypto's Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset
February 20, 2024
A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs)…
The AI Impact Tour: Opportunities & Practices for Generative AI
February 19, 2024
Navigating the world of generative AI can be both exciting and daunting for enterprise executives. The potential is vast, but so are the challenges in implementing these powerful applications responsibly.
Join us at our upcoming AI Impact Tour event in New York City on Feb. 29. We’ll be exploring the opportunities and risks of AI, and discussing best practices for responsible…