‘Money-hungry VCs’ are bad for token launches in the long term — Analyst

Venture capitalists who prioritize profits over the long term can negatively impact the stability and pricing of newly introduced cryptocurrencies. According to well-known crypto analyst Route 2 FI, posted on April 22 in their Substack, venture capitalists (VCs) introduce considerable selling pressure when they invest in altcoins, which can negatively impact the token’s price trend … Read more

Bitcoin FilmFest: Lights, camera, halving as Bitcoin cinema hits Warsaw

Bitcoins enthusiasts converged in Warsaw, Poland from the 18th to the 21st of April for a packed schedule that included screenings, socializing, interactive sessions, and the highly anticipated Bitcoin halving event. In the second installment of the Bitcoin FilmFest, which caters to families, various film debuts and showcases took place. One of these presentations featured … Read more

Finland’s households turn to Bitcoin mining to heat homes

In Finland, a novel initiative is transforming the energy derived from Bitcoin (BTC) mining into heat for residences throughout the frigid winters. Hashlabs Mining, a leader in Bitcoin mining infrastructure, unveiled an innovative initiative for generating heat through custom-built Bitcoin mining equipment. The WhatsMiner M63S ASIC mining device, which generates heat during Bitcoin mining operations, … Read more

Crypto.com’s South Korea launch hit by regulatory roadblock

Singaporean cryptocurrency exchange, Crypto.com, announced it would delay the rollout of its services in South Korea following regulatory discoveries of suspicious money laundering activities in their platform’s data. South Korean regulatory officials discovered issues concerning Anti-Money Laundering regulations in the information provided by Crypto.com. In response, these authorities conducted an unexpected on-site investigation to closely … Read more

Vietnamese tech company to build $200M AI factory with Nvidia

FPT, a prominent IT company from Vietnam, and Nvidia, a renowned global chip-making company, announced their plans to team up financially and construct a $200 million AI factory in Vietnam. On April 23, the companies announced that they are collaborating on a project with the goal of providing a comprehensive solution for artificial intelligence (AI) … Read more

What Is FUD in Crypto?

For beginners in crypto jargon, let’s delve deeper into a commonly asked question among crypto enthusiasts and traders: What does “FUD” mean in the cryptocurrency world? In the crypto market, there was a need for a term that clearly conveyed the feelings of apprehension, ambiguity, and hesitation among investors, making the market’s dynamics more transparent … Read more