Finance world news

Invest

BTC will be worth around $1m by the end of the decade - Ark Invest

BTC will be worth around $1m by the end of the decade - Ark Invest

Katty Wood's Ark Invest fund has published a report titled "Big Ideas". In it, the company argues that bitcoin continues to outperform traditional assets, and that by the end of the decade it will surpass the $1 million mark.

Mining saved Africa's oldest national park from bankruptcy

Mining saved Africa's oldest national park from bankruptcy

Virunga National Park in DRC, covering 7,800 square kilometres, has been experiencing difficulties with funds and has been on the brink of bankruptcy for the past few years. "Bitcoin mining has become the park's lifeline. The first mining farm appeared in the park in early 2020.

Mythical Games buys Ukrainian crypto platform DMarket

Mythical Games buys Ukrainian crypto platform DMarket

Mythical Games buys Ukrainian crypto platform DMarket US blockchain game developer Mythical Games has acquired DMarket, a marketplace for NFTs and skins for gamers. DMarket was created by Ukrainian businessman Volodymyr Panchenko. In the summer, he valued his company at $100 million (Forbes interview). The purchase price of Mythical Games

Criminal group uncovered in Georgia

Criminal group uncovered in Georgia

A money laundering ring has been uncovered in Georgia. It is about $111 million and 13 companies. The three defendants could receive 9 to 13 years in prison. The crimes committed include fraud, money laundering, cybercrime and document forgery. The group carried out multiple transactions with a fictitious purpose and

SBF sells mansion for $3m

SBF sells mansion for $3m

Former FTX director Sam Bankman-Fried has put his home in Washington up for sale, the New York Post reports. It is valued at $3.28m. The mansion includes 4 bedrooms, 5 bathrooms, a lift, two walk-in wardrobes, a fireplace, a large kitchen and a special wine fridge. Its total area

Ava Labs signs agreement with AWS

Ava Labs signs agreement with AWS

Ava Labs has announced that it has expanded its partnership with Amazon Web Services. Based on the latter, Avalanche plans to launch a number of new features, including maximum node deployment via Marketplace. "It is very important that Avalanche developers are able to work in AWS via GovCloud when

Bitcoin comes alive: the world's largest cryptocurrency rises above $18,000 for the first time since November 2022

Bitcoin comes alive: the world's largest cryptocurrency rises above $18,000 for the first time since November 2022

The cryptocurrency is rising amid widespread positive sentiment from lower inflation in the US. The December US price growth rate data will be released today at 4:30pm. Analysts expect inflation to be negative. This will be a big win for the Fed.

Binance admitted to "mistakes" with Binance-peg BUSD

Binance admitted to "mistakes" with Binance-peg BUSD

ChainArgos revealed that the Binance-peg BUSD stabelcoin had insufficient collateral between 2020 and 2021. The crypto-exchange explained the situation. It said the discrepancies were due to "shortcomings" in the team. Binance also noted that many teams were involved in issuing and maintaining the peg, including Paxos Trust. "

Ethereum Shanghai public testnet to be launched by the end of February

Ethereum Shanghai public testnet to be launched by the end of February

Last week, on January 5, the first 2023 Ethereum All Core Developers (ACD) conference was held. During that event, it was announced the launch of testnet Shanghai, the next major update to the network after its transition to PoS. The new date is the end of February. Deployment of the

iPhone repair will rise in price: Apple to raise battery costs by tens of dollars

iPhone repair will rise in price: Apple to raise battery costs by tens of dollars

Apple has decided to raise the price of non-warranty battery replacement in iPhone, MacBook and iPad devices. Starting from March 2023, the price for these parts will increase by $ 20 - $ 50. Apple on its website has changed the current service fees for battery replacement on devices that are no