The company has also partnered with Shopify to enable physical merchandise sales from directly within Roblox experiences.
Monthly archives: September 2024
U.S. Federal Reserve Slaps Texas Bank With Cease-and-Desist Order Related to Crypto Services
The U.S. Federal Reserve is hitting a Texas bank with a crypto-related cease and desist order, alleging that it violated several national laws. According to recent court documents, the Federal Reserve found that United Texas Bank had “significant deficiencies” in its corporate oversight, governance, and anti-money laundering (AML) protocols after launching an investigation into the …
Trader Forecasts 20% Bitcoin Fall, Updates Outlook on Solana Rival That ‘Still Looks Good’ and One More Altcoin
A widely followed cryptocurrency analyst and trader is leaning bearish on Bitcoin (BTC) while offering his opinion on two altcoins. Starting with Bitcoin, the analyst pseudonymously known as Sherpa tells his 222,600 followers on the social media platform X that Bitcoin is headed to a price of $45,000, around 20% below the current level. From …
Telegram might be an unencrypted treasure trove of data and Pavel Durov might just be a geopolitical pawn
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. Pavel Durov, the CEO of Telegram, was arrested this week after a four-day interrogation related–publicly at least–to the existence of illegal activity on his app, including child pornography. The ensuing media frenzy painted Telegram as an almost esoteric, privacy-centered app, which is …
Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the Solana ecosystem. The sale offers participants access to Sonic’s Solana Virtual Machine (SVM) technology and a potential opportunity to earn tokens. Sonic SVM Unveils Hyperfuse Nodes According to the announcement shared with …
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NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week. September NFT Sales Struggle With …
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Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy has slowed, though it continues to expand, as highlighted by recent …
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Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently …
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September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging the entire market down with them. Crypto’s …
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Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline
Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse innovation, enhancing user experiences and making digital interactions more natural, intuitive, and engaging. Metaverse, NFT Decline …
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Elon Musk’s ‘DOGE’ gov meme sends political speculation soaring
Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.
Is XRP price quietly setting up for a rally toward $1?
An inverse-head-and-shoulder pattern is developing on the XRP weekly chart, awaiting a breakout toward $1.
JPMorgan Chase Allegedly Allows $205,542 Withdrawal After Bank of America Warns Cash Is Stolen, Belongs To Customer
JPMorgan Chase is accused of allowing hundreds of thousands of dollars to exit a scammer’s account after the bank was warned of fraudulent activity. A new lawsuit from Massachusetts-based Baystate Health says the health care company fell for an email scam in November of 2022 and wired $700,000 to a fraudulent account at JPMorgan Chase. Baystate …
Analyst Says Top Ethereum Competitor To Plunge by Over 36% Before Bouncing Higher, Updates Outlook on Bitcoin
A widely followed crypto analyst believes that one Ethereum (ETH) competitor could first correct by double digits and then go on a massive rally to print new all-time highs (ATH). Pseudonymous crypto trader Kaleo tells his 645,400 followers on the social media platform X that Solana (SOL) could decline by more than 36% of its …
Roaring Kitty returns with cryptic X post, Solana-based CHEWY memecoin soars 28%
Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it.