‍MARA Acquires $46 Million in Bitcoin Amidst Market Recovery MARA Holdings has acquired 400 BTC, valued at $46.29 million, bolstering its reserves to over 53,000 BTC, making it the second-largest corporate Bitcoin holder. This strategic purchase follows a significant market downturn and subsequent stabilization. Analyst Pav Hundal notes that the market's swift recovery after a major liquidation event signals resilience. MARA's decision reflects a belief in Bitcoin's future potential, considering factors like monetary easing and market stability.
Cryptovka
Bold Bet: MARA Acquires $46 Million in Bitcoin Amidst Market Recovery
In a significant move demonstrating institutional confidence, Bitcoin mining giant MARA Holdings has strategically acquired 400 BTC, valued at an...
‍Steak 'n Shake Reverses Ether Poll After Bitcoin Community Outcry Fast-food chain Steak 'n Shake has reversed its decision to poll followers on accepting Ether (ETH) payments following backlash from its Bitcoin (BTC) community. Despite a majority voting "Yes," the chain suspended the poll, stating, "Our allegiance is with Bitcoiners." This pivot follows Steak 'n Shake's recent adoption of Bitcoin payments, which reportedly boosted sales. Prominent Bitcoin proponents expressed disappointment, reinforcing the belief that Bitcoin is the superior form of money. Ethereum co-founder Vitalik Buterin suggested businesses may benefit from aligning with a specific crypto tribe.
Cryptovka
Crypto Tribalism Triumphs: Steak
Steak
‍Touareg Group Expands to U.S., Plans Next-Gen Crypto Exchange Touareg Group has established its U.S. subsidiary, Touareg Group Technologies Co., focusing on AI, blockchain, and a new cryptocurrency exchange. The platform aims for institutional-grade security, regulatory compliance, and advanced trading features. "The creation of Touareg Group Technologies Co. is a pivotal milestone... Our focus is on creating sustainable shareholder value by combining technology, governance, and innovation," stated a company spokesperson.
Cryptovka
Touareg Group
Touareg Group, a prominent international leader in finance, digital assets, and technology innovation, has announced a significant strategic move w...
‍Bitcoin Core v30 Sparks Debate with OP_RETURN Expansion The release of Bitcoin Core v30 introduces significant changes, most notably a massive increase in the OP_RETURN data limit from 80 bytes to 100,000 bytes. This allows for embedding substantially more non-financial data into transactions, fostering innovation for DApps, according to proponents. However, critics fear "blockchain bloat," increased node costs, and legal risks for node operators hosting "illegal data," drawing parallels to the 2017 block size wars. Some are opting for alternative software like "knots" to maintain stricter data limits.
Cryptovka
Bitcoin Core v30 Ignites Community Debate with Massive OP_RETURN Expansion
The release of Bitcoin Core v30 has sent ripples through the cryptocurrency community, eliciting a mixed bag of reactions from developers and users...
‍Web3 Mourns RTFKT Co-Founder Benoît Pagotto The cryptocurrency and Web3 community is mourning the untimely passing of Benoît Pagotto, co-founder of the digital fashion studio RTFKT, at the age of 41. Pagotto, alongside Chris Le and Steven Vasilev, founded RTFKT in 2020, a brand known for merging luxury design, gaming, and crypto culture through innovative virtual sneakers and collectibles like the Clone X × Takashi Murakami series. His creative direction was instrumental in Nike's acquisition of RTFKT in December 2021. Tributes highlight Pagotto's creativity, humility, and belief that "beauty could change the world." Despite recent challenges faced by RTFKT, including operational uncertainties and a class-action lawsuit, Pagotto's pioneering spirit and contributions to digital fashion and ownership in the Web3 era remain significant.
Cryptovka
A Digital Fashion Pioneer: Web3 Remembers RTFKT
The cryptocurrency and Web3 community is mourning the untimely passing of Benoît Pagotto, co-founder of the groundbreaking digital fashion studio ...
‍The "Digital Uncanny Valley": Trust and AI in Crypto As AI becomes more integrated into cryptocurrency, the phenomenon known as the "uncanny valley" is emerging in the digital realm. This refers to the unsettling feeling when technology is almost human-like but not quite, potentially eroding trust. Sophisticated AI agents and hyper-realistic avatars can trigger suspicion. While user-friendly interfaces are beneficial, over-humanizing AI in crypto can be counterproductive, masking algorithmic nature and leading to a false sense of security. Genuine trust in crypto is built on transparency and decentralization, not human-like facades. Developers must prioritize clarity and utility over mimicry, clearly identifying AI interactions and focusing on functionality. Understanding this digital uncanny valley is crucial for the future of decentralized innovations.
Cryptovka
Uncanny Algorithms: Navigating Trust in Crypto
The concept of the "uncanny valley"—that unsettling feeling when something is almost human, but not quite—has long been debated in robotics....
‍Trade Tensions Ease: A Potential Lifeline for Crypto Recent signals of de-escalation in US-China trade tensions have sparked cautious optimism in the cryptocurrency market. Following a significant downturn linked to earlier rhetoric and tariff announcements, China's Ministry of Commerce expressed readiness to strengthen trade dialogue. This conciliatory tone, echoed by US President Trump, could mark a turning point for crypto. Analysts highlight the direct correlation between geopolitical developments and market movements, with previous escalations triggering severe liquidation events. A potential meeting between Presidents Trump and Xi Jinping is seen by some as a crucial step towards greater market stability and potential growth.
Cryptovka
Trade Tensions Ease: A Lifeline for Crypto Markets?
The global financial landscape is breathing a collective sigh of relief as trade tensions between the US and China appear to be softening....
‍Eve Frontier Shifts to Sui Blockchain, Eyeing 'Forever Game' Vision The sci-fi survival game Eve Frontier is transitioning from Ethereum to the Sui layer-1 blockchain. CCP Games cites philosophical direction and long-term vision as primary drivers for the move. Key benefits of Sui include enhanced user onboarding, scalable architecture, and security-enforced moddability, crucial for creating a persistent, player-driven virtual world. The partnership also explores integrating the game with the SuiPlay0X1 handheld console. Sui's features like zkLogin and sponsored transactions aim to simplify user experience and abstract gas fees. This strategic shift positions Eve Frontier for sustained evolution and player ownership.
Cryptovka
Eve Frontier
Eve Frontier, the highly anticipated sci-fi survival game spun off from the legendary Eve Online, is making a significant strategic move....
‍Binance Flash Crash: Altcoins Briefly Hit Zero On October 9-10, several altcoins on Binance experienced a dramatic price plunge to near zero, despite retaining value on other exchanges. This "flash crash" was primarily caused by a massive wave of liquidations, overwhelming Binance's trading systems and leading to a temporary absence of buy orders. Binance has apologized and committed to compensating users for verifiable losses linked to platform failures.
Cryptovka
The Binance Flash Crash: Unpacking Why Altcoins Briefly Hit Zero
The cryptocurrency market is no stranger to volatility, but a specific event in October saw several prominent altcoins on Binance briefly plummet t...
‍EBA Warns: Crypto Firms Exploit MiCA Transition, Threatening EU Financial Integrity The European Banking Authority (EBA) has warned that some crypto firms are exploiting the transitional period for the Markets in Crypto-Assets (MiCA) regulation. This period, extending until July 1, 2026, allows firms to seek authorization or cease operations. The EBA highlights concerns over "forum shopping," where companies seek approval in less stringent EU member states, and opaque ownership structures. These practices could adversely impact the EU's financial system integrity, facilitating illicit activities and undermining consumer protection.
Cryptovka
EBA Warns: Crypto Firms Exploit MiCA Transition, Threatening EU Financial Integrity
The European Banking Authority (EBA) has issued a stark warning regarding the cryptocurrency industry, highlighting significant risks during the...