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  • Metaplanet continues to emulate MicroStrategy with planned $62M Bitcoin expansion
    by Oluwapelumi Adejumo on November 28, 2024 at 1:20 pm

    Tokyo-listed investment firm Metaplanet plans to raise 9.5 billion yen (approximately $62 million) to strengthen its Bitcoin portfolio. In a Nov. 28 statement, the company revealed that the funds will be raised through its 12th Series Moving Strike Stock Acquisition Rights. These rights will be allocated to EVO FUND via third-party allotment between Dec. 17, 2024, The post Metaplanet continues to emulate MicroStrategy with planned $62M Bitcoin […]

  • Standard Chartered calls stablecoins crypto’s first ‘killer app’
    by Liam ‘Akiba’ Wright on November 28, 2024 at 12:39 pm

    According to a Standard Chartered report, stablecoins are shifting from initial use in crypto exchanges to broader applications in global finance. The study indicates that stablecoins are increasingly used for purposes akin to traditional finance, such as saving and transacting in U.S. dollars and facilitating cross-border payments. Standard Chartered comments on how stablecoins’ dominant use The post Standard Chartered calls stablecoins […]

  • XT Exchange assures users after $1.7 million asset theft disrupts services
    by Oluwapelumi Adejumo on November 28, 2024 at 12:02 pm

    XT Exchange has suspended all coin withdrawals after it confirmed the “abnormal transfer of assets” from its platform. In a Nov. 28 announcement, the firm revealed that about $1 million worth of assets in 12 different currencies was affected. It stated: “[We] identified an abnormal transfer of assets from the platform wallet with the on-chain The post XT Exchange assures users after $1.7 million asset theft disrupts services appeared […]

  • Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%
    by Oluwapelumi Adejumo on November 28, 2024 at 11:18 am

    Bankrupt crypto lender Celsius has announced the second round of payments to creditors. According to a Nov. 27 court filing, this phase involves the distribution of $127 million in assets that will cover 2.75% of total creditor claims. The payout follows an earlier round in August, which returned $2.53 billion to 251,000 creditors, representing 57.65% The post Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4% […]

  • Crypto debanking wave tied to political figures, Coinbase CEO Brian Armstrong alleges
    by Oluwapelumi Adejumo on November 28, 2024 at 10:32 am

    Coinbase CEO Brian Armstrong has revealed ongoing efforts to obtain documentation through the Freedom of Information Act (FOIA) to uncover US banks’ full scope of crypto-related account closures. In a Nov. 27 post on X, Armstrong “confirmed” that several banks have cut ties with crypto stakeholders solely due to their involvement in the industry. He The post Crypto debanking wave tied to political figures, Coinbase CEO Brian Armstrong […]

  • Epic Games hit Off The Grid wins Game of the Year at first live 2024 GAM3 Awards
    by Liam ‘Akiba’ Wright on November 28, 2024 at 9:29 am

    Off The Grid secured the Game of the Year award at the 2024 GAM3 Awards, held live for the first time in Manila on Nov.22. Developed by Gunzilla Games, the Web3-enabled, free-to-play, third-person battle royale game also won awards for Best Shooter Game, Best Multiplayer Game, and Best Action Game, marking a significant achievement in The post Epic Games hit Off The Grid wins Game of the Year at first live 2024 GAM3 Awards appeared first on […]

  • JMJ Mach: Revolutionizing luxury watches with blockchain and NFTs
    by News Desk on November 28, 2024 at 6:00 am

    In an era where luxury brands are gradually embracing blockchain technology, JMJ Mach is taking a bold step forward by combining traditional watchmaking with NFTs and blockchain in a way that goes beyond simple authentication. The company is pioneering a new category of “phygital” timepieces that exist both as physical luxury watches and unique digital The post JMJ Mach: Revolutionizing luxury watches with blockchain and NFTs appeared first […]

  • Short-term holders hit with losses as Bitcoin fell below $93k
    by Andjela Radmilac on November 28, 2024 at 2:00 am

    Bitcoin’s recent correction to $92,000 came after failing to breach the psychological resistance at $100,000, a critical level expected to mark a new chapter in the ongoing bull market. While corrections of up to -30% are frequent during bull runs, the sharp decline below $93,000 caused a segment of short-term holders (STHs) to realize losses. The post Short-term holders hit with losses as Bitcoin fell below $93k appeared first on CryptoSlate.

  • MetaMask integrates Venmo to enhance fiat-to-crypto onramp options
    by Gino Matos on November 28, 2024 at 12:30 am

    MetaMask added a fiat on-ramp feature through Venmo, allowing US users to buy crypto using the payment app, according to a Nov. 27 announcement. Crypto-focused fintech Moonpay enabled the new payment method. Venmo, a PayPal subsidiary, introduced crypto transfers for its customers in April 2023. The company has supported buying, holding, and selling crypto since The post MetaMask integrates Venmo to enhance fiat-to-crypto onramp options […]

  • Vancouver mayor eyes Bitcoin to bolster city reserves against economic shocks
    by Assad Jafri on November 27, 2024 at 11:00 pm

    Vancouver Mayor Ken Sim has unveiled a groundbreaking proposal to add Bitcoin (BTC) to the city’s financial reserves, citing its potential to protect purchasing power and diversify resources. The motion, which will be discussed by the council on Dec. 11, aims to position the city as a leader in digital asset adoption. The proposal, titled The post Vancouver mayor eyes Bitcoin to bolster city reserves against economic shocks appeared first on […]

  • Putin Threatens Ukrainian Capital With New Hypersonic Missile
    by Tyler Durden on November 28, 2024 at 3:25 pm

    Putin Threatens Ukrainian Capital With New Hypersonic Missile Another day, another record-setting Russian missile and drone attack on Ukraine at a moment the West is escalating its support to Kiev. President Vladimir Putin announced to security officials at the Collective Security Treaty Organization (CSTO) summit in Kazakhstan  that 100 drones and 90 missiles were launched at Ukraine over the last 48 hours “in response to strikes […]

  • ‘Hillary 2028’ Speculation Rife As Dem Strategist Urges Kamala: “Please Don’t Run Again”
    by Tyler Durden on November 28, 2024 at 2:50 pm

    ‘Hillary 2028’ Speculation Rife As Dem Strategist Urges Kamala: “Please Don’t Run Again” Authored by Steve Watson via Modernity.news, A prominent Democratic strategist has advised Kamala Harris to never run again for president following her landslide loss to president Trump. Theryn Bond made the comments Wednesday in an interview with Newsmax, following the release of a video by Harris in which she appeared dishevelled and, some […]

  • S&P Futures Rise, On Pace For Best Year This Century
    by Tyler Durden on November 28, 2024 at 2:30 pm

    S&P Futures Rise, On Pace For Best Year This Century US equity index futures rose on Thursday, with cash markets closed for the Thanksgiving holiday. As of 9am ET, S&P 500 futures gained 0.1% after the key index snapped a seven-day rally on Wednesday; Nasdaq 100 advanced 0.2%. US stocks have been been buoyed by enthusiasm over the return of Donald Trump to the White House, as well as the Federal Reserve cutting […]

  • For Millions Of Americans, This Holiday Season Will Be A Season Of Very Deep Suffering
    by Tyler Durden on November 28, 2024 at 1:00 pm

    For Millions Of Americans, This Holiday Season Will Be A Season Of Very Deep Suffering Authored by Michael Snyder via TheMostImportantNews.com, If you live in a warm home and you have plenty of food to eat, you should consider yourself to be extremely blessed, because millions of others are deeply suffering right now.   Most of the country is living paycheck to paycheck, the number of homeless Americans is higher than ever, […]

  • ‘Defund The Police’ Activist Charged With Misusing Over $75,000 Donations On Vacations & Shopping Sprees
    by Tyler Durden on November 28, 2024 at 12:20 pm

    ‘Defund The Police’ Activist Charged With Misusing Over $75,000 Donations On Vacations & Shopping Sprees Extending a prolonged trend of alleged misuse of funds by social justice warriors running leftist charities, an anti-police-brutality activist has been accused of spending $75,000 in charitable donations on himself, blowing the money on vacations, designer clothing and more.  On Tuesday, Washington DC attorney general […]

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  • In California, Vote-Counting Dampens Holiday Spirit
    by Tyler Durden on November 28, 2024 at 11:40 am

    In California, Vote-Counting Dampens Holiday Spirit Authored by Susan Crabtree via RealClearPolitics, While most political strategists and campaign operatives are finally enjoying a post-election repose, making their favorite Thanksgiving fixings and preparing to deck the halls, California’s election officials and party leaders are still on the job. Once again this year, California is the last state to finish its […]

  • WaPo Laments Ukraine Will Be Pushed To Negotiate Peace “Within Months”
    by Tyler Durden on November 28, 2024 at 11:00 am

    WaPo Laments Ukraine Will Be Pushed To Negotiate Peace “Within Months” The Washington Post in a fresh report have revealed more details and rationale behind the decision-making of the lame-duck Biden administration, which this month has chosen to escalate with Russia in several ways. “President Joe Biden’s recent decisions to allow Ukraine to launch missiles deeper into Russia and to provide Kyiv with controversial […]

  • One Of FBI’s ‘Most Wanted Terrorists’ Arrested In Wales For Bombings In 2003
    by Tyler Durden on November 28, 2024 at 10:20 am

    One Of FBI’s ‘Most Wanted Terrorists’ Arrested In Wales For Bombings In 2003 Authored by Jack Phillips via The Epoch Times, The FBI announced on Nov. 26 that one of the bureau’s “most wanted terrorists” was arrested by officials in Wales for alleged bombings in San Francisco in 2003. Daniel Andreas San Diego, considered one of the FBI’s most wanted fugitives as well, was arrested on Nov. 25 in a rural area in northern […]

  • Maryland’s Death Spiral: Reckless Democratic Lawmakers Spark Budget Crisis Fears As “Deep Recession” Looms
    by Tyler Durden on November 28, 2024 at 9:40 am

    Maryland’s Death Spiral: Reckless Democratic Lawmakers Spark Budget Crisis Fears As “Deep Recession” Looms Fiscally irresponsible policies pushed by far-left Democratic lawmakers have put Maryland, a deep-blue progressive state, into a projected death spiral, with some warning that the state could soon face its worst fiscal crisis in two decades.  “The overarching takeaway from today’s meeting is that there’s an enormous gap […]

  • Risking Nuclear War
    by Tyler Durden on November 28, 2024 at 9:00 am

    Risking Nuclear War Authored by Christopher Roach via American Greatness, Escalating brinkmanship might be justified if victory were in sight or if any of this contributed to American security.  But none of these things are true… We are probably closer to a nuclear war than any previous point in my lifetime. As a Generation X kid who grew up during the Cold War, fear of nuclear war is still a deeply ingrained instinct. We […]

  • Did Trump Just Solve The Border Crisis: Mexican President “Agreed To Stop Migration Through Mexico” Trump Claims
    by Tyler Durden on November 28, 2024 at 4:17 am

    Did Trump Just Solve The Border Crisis: Mexican President “Agreed To Stop Migration Through Mexico” Trump Claims Did Trump solve the border crisis two months before even being sworn in as the 47th president? Two days after surprising markets – and sending the peso plummeting – by announcing he would enact 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. tariffs on […]

  • The Top States Where Americans Are Looking to Buy Homes Heading Into 2025
    by Tyler Durden on November 28, 2024 at 4:00 am

    The Top States Where Americans Are Looking to Buy Homes Heading Into 2025 A new study has revealed where Americans are most likely to buy a home heading into the end of 2024. Highland Cabinetry conducted a comprehensive analysis of all 50 U.S. states to determine where homebuying is most preferred. The study utilized search data from Google’s Keyword Explorer Tool to gauge interest and incorporated additional factors such as […]

  • A Single Point Of Failure
    by Tyler Durden on November 28, 2024 at 3:30 am

    A Single Point Of Failure Submitted by Ahmed Bin Sulayem, Kimberly Process Chair 2024 The global diamond industry once again finds itself at a crossroads, and while the need to curb conflict diamonds and ensure ethical sourcing remains paramount, the European Union’s proposal for a single diamond control node in Antwerp raises serious concerns about sovereignty and efficiency, while undermining the integrity of the Kimberley […]

  • Thanksgiving Dinner Will Be 19% More Expensive This Year Than Before Biden Was Elected
    by Tyler Durden on November 28, 2024 at 3:00 am

    Thanksgiving Dinner Will Be 19% More Expensive This Year Than Before Biden Was Elected Each year the American Farm Bureau Federation releases a price survey of classic items found on the Thanksgiving dinner table. This year, the average cost of feasting stands at $54.33, which is less than last year but still constitutes a $8.64 increase from before the pandemic. The most expensive item by far is the turkey, which this year […]

  • Financialization & Missed Boats: When Mythology Papers Over Reality
    by Tyler Durden on November 28, 2024 at 2:30 am

    Financialization & Missed Boats: When Mythology Papers Over Reality Authored by David Bahnsen via The American Institute for Economic Research, Executive Summary Despite its ubiquitous use in modern America, the term ‘financialization’ is deeply misunderstood. Evidence shows the concept’s meaning often changes in different contexts. In some instances it serves as a relatively benign catch-all term for anything construed as […]

  • Arabica Futures Surge Into Blue-Sky Breakout As Traders Panic: “We Might Not Have Enough Coffee”
    by Tyler Durden on November 28, 2024 at 2:00 am

    Arabica Futures Surge Into Blue-Sky Breakout As Traders Panic: “We Might Not Have Enough Coffee” Arabica coffee futures blasted through March 1977 highs into blue sky breakout territory as traders panicked about global supply fears originating in Brazil, the world’s top producer.  Arabica beans trading in New York hit $3.26 per pound on Wednesday, exceeding the $3.08 high last reached in March 1977. Bean prices have jumped 123% […]

  • In The Beginning, There Was Pax Americana
    by Tyler Durden on November 28, 2024 at 1:30 am

    In The Beginning, There Was Pax Americana Authored by Lorenzo Maria Pacini, We often speak of the collective West, Hegemon, Seapower and Civilization of the Sea in relation to the United States of America. It is necessary to understand well what is the origin of this geopolitically determinant power for the world order. He who wins the war, dictates the rules Let us make clear at once an empirically incontrovertible factual […]

  • Electric Revenge: Texas Sues BlackRock And Others For ‘Conspiring’ To Quash Coal, Sending Energy Prices Soaring
    by Tyler Durden on November 28, 2024 at 1:00 am

    Electric Revenge: Texas Sues BlackRock And Others For ‘Conspiring’ To Quash Coal, Sending Energy Prices Soaring Texas is leading a new lawsuit with 10 other red states against BlackRock, Vanguard and State Street for allegedly breaking antitrust law by colluding to suppress coal – causing electricity prices to spike. “Competitive markets — not the dictates of far-flung asset managers — should determine the price Americans pay […]

  • Historians Debate Ukraine War As WWIII Risk Mounts: Niall Ferguson Vs Scott Horton
    by Tyler Durden on November 28, 2024 at 12:44 am

    Historians Debate Ukraine War As WWIII Risk Mounts: Niall Ferguson Vs Scott Horton Watch the debate replay below (or on YouTube) https://t.co/Rq7jRVhabg — zerohedge (@zerohedge) November 27, 2024 * * * Despite Trump’s promises to bring a swift end to the war in Ukraine by negotiating with Russia, the war has escalated to a dangerous inflection point with long-range U.S., British, and French missiles being deployed deep in […]

  • Biden Asks Congress To Authorize $24BN More To Spend On Ukraine
    by Tyler Durden on November 28, 2024 at 12:25 am

    Biden Asks Congress To Authorize $24BN More To Spend On Ukraine Authored by Dave DeCamp via AntiWar.com, The Biden administration has asked Congress to approve $24 billion in additional spending on Ukraine as it’s working to ramp up the proxy war as much as possible during President Biden’s final weeks in office. POLITICO Pro obtained a request from the White House’s Office of Management and Budget that asked Congress to […]

  • Why Trump’s Election Case Was Dismissed ‘Without Prejudice’
    by Tyler Durden on November 27, 2024 at 11:30 pm

    Why Trump’s Election Case Was Dismissed ‘Without Prejudice’ Authored by Sam Dorman via The Epoch Times (emphasis ours), District of Columbia Judge Tanya Chutkan dismissed the election interference case against President-elect Donald Trump on Nov. 25, bringing an end to a highly contentious prosecution and raising questions about whether the charges could once again surface. Special counsel Jack Smith prepares to speak about an […]

  • “Significant Uptick” In M&A Rumors Observed In News Cycle Ahead Of 2025 
    by Tyler Durden on November 27, 2024 at 11:00 pm

    “Significant Uptick” In M&A Rumors Observed In News Cycle Ahead Of 2025  Goldman Sachs analysts have noted a “significant uptick” in merger and acquisition rumors in the press over the past six weeks. The investment bank forecasts positive M&A growth trends over the next 12 months, signaling a potential rebound in dealmaking activity.  Analysts Matt Michon and Hannah Taylor penned a note Wednesday to clients about the […]

  • US To Deepen Footprint In Lebanon As Part Of Ceasefire Deal
    by Tyler Durden on November 27, 2024 at 10:40 pm

    US To Deepen Footprint In Lebanon As Part Of Ceasefire Deal Via Middle East Eye The US is set to deepen its footprint in Lebanon as part of a ceasefire deal aimed at ending more than a year of fighting between Israel and Hezbollah. According to details of the agreement shared with Middle East Eye by current and former US and Arab officials, the 60-day ceasefire will see all Israeli forces withdraw from Lebanon in phases, with […]

  • Chinese Automakers Are Dethroning Their Once-Dominant Japanese Competitors
    by Tyler Durden on November 27, 2024 at 10:20 pm

    Chinese Automakers Are Dethroning Their Once-Dominant Japanese Competitors China is doing the unthinkable and dethroning once dominant Japanese automakers, who are struggling to compete in China. China is the world’s largest car market and domestic brands are dominating with a surge of electric vehicles. Chinese companies are also expanding into Southeast Asia, challenging the long-standing dominance of brands like Toyota, Honda, […]

  • How Trump Voters Learned To Love, And Turn Out, The Mail-In Ballot
    by Tyler Durden on November 27, 2024 at 10:00 pm

    How Trump Voters Learned To Love, And Turn Out, The Mail-In Ballot Authored by Philip Wegmann via RealClearPolitics, In the spring, James Blair, political director for the Trump campaign, called a meeting in West Palm Beach. The occasion: Marc Elias had changed the world. It was Elias who had petitioned the Federal Election Commission at the beginning of the year to allow a George Soros-funded political action committee to […]

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