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Yuga Labs to Raise $50m by Launching New NFT Collection "Mecha Apes"

Yuga Labs to Raise $50m by Launching New NFT Collection "Mecha Apes"

Yuga Labs, the startup that developed the Bored Ape Yacht Club (BAYC) series of NFTs, plans to launch a new NFT series, “Mecha Apes”, by the end of this year.

ETH Price Surpasses $2,000 Despite New Supply After Shapella Update

ETH Price Surpasses $2,000 Despite New Supply After Shapella Update

Despite concerns of a potential dump due to a new supply of Ether hitting the markets after the Shapella update, the price of ETH has surpassed $2,000 and maintains the level. Only around 1% of staked ETH may hit the market after Shapella, according to crypto analytics firm Glassnode. Crypto exchanges have expressed support for ETH unstaking.

ApeCoin Experiences Sharp Price Surge on South Korean Exchange

ApeCoin Experiences Sharp Price Surge on South Korean Exchange

Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange.

Worldcoin Whitepaper Analysis: Revolutionizing Digital Identity and Global Finance

Worldcoin Whitepaper Analysis: Revolutionizing Digital Identity and Global Finance

Worldcoin aims to establish a global "proof of personhood" system using custom biometric hardware, as outlined in its newly released whitepaper.

IMF Proposes Framework to Assess Crypto Asset Risks

IMF Proposes Framework to Assess Crypto Asset Risks

The International Monetary Fund (IMF) has released a working paper that delves into the macrofinancial risks tied to crypto assets. The paper, part of the IMF's Working Papers series, proposes a framework aimed at aiding policymakers and regulatory authorities in understanding and tracking systemic risks from the crypto sector. This framework is crucial as traditional financial tools are not well-suited for assessing crypto-related risks.

Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin

Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin

The future of Bitcoin remains a hot topic. Billionaire venture capitalist, Tim Draper, calls Bitcoin as the way of the future. Draper had a recent interview with Foxbusiness, a session whereby he advised millennials that if they really want to retire rich, then they need to invest in Bitcoin.

Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the End of 2022

Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the End of 2022

Billionaire Tim Draper said he remains optimistic about Bitcoin and expects its price to reach $250,000 by the end of 2022 or early 2023.

ShapeShift Responds to Elizabeth Warren

ShapeShift Responds to Elizabeth Warren

Shapeshift responded to Senator Warren's Valentine's Day Senate hearing statements on Twitter on Feb. 19.

Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14

Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14

OP Labs Team announces Canyon hardfork for Superchain testnets, November 14, incorporating Shanghai and Capella updates, bug fixes, and EIP-1559 changes. Node operators must upgrade systems.

Celsius Denies Allegation of CEO Leaving US

Celsius Denies Allegation of CEO Leaving US

Celsius Network has denied its CEO's leaving from the US, claiming that all related allegations are false. Alex Mashinsky was reportedly stopped by authorities, amid insolvency rumours about his company.

Speculation Mounts as Elon Musk Changes Twitter Profile Pic to Bored Ape NFT Collage

Speculation Mounts as Elon Musk Changes Twitter Profile Pic to Bored Ape NFT Collage

As Elon Musk, the Chief Executive Officer of Tesla and the new owner of Twitter, changed his profile picture to Bored Ape Yacht Club (BAYC) Non-Fungible Token, what will he do for his next move?

An Experiment Incubated at Harvard to Resolve the Global Debt Crisis (Part 5 of 7)

An Experiment Incubated at Harvard to Resolve the Global Debt Crisis (Part 5 of 7)

In the interview notes of journalist Faye Xiaofei, Professor Han Feng, in an age of global upheaval, raised his gaze to the stars to discern the tides of history and lowered his eyes to the data to parse their logic, pursuing a question that cuts to the root of civilization itself: When the old gravitational anchors collapse, where should humanity's wealth be moored?

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