The new GuliKit ES and ES Pro controllers are potentially an affordable companion for the Switch 2. | Image: GuliKit After debuting its affordable $29.99 Elves 2 controller last month, GuliKit is back with another budget-friendly alternative to Nintendo’s Switch 2 Pro Controller — if you prefer an asymmetrical joystick layout. Both the $24.99 GuliKit … Read more
On the surface, Cadillac’s new Elevated Velocity looks like your typical concept car: gull-wing doors; a plush red interior; a retractable steering wheel for fully autonomous driving; and futuristic lighting scheme. But the real attention grabber is the lifted chassis and a new off-roading mode that could hint at a possible new direction for GM’s … Read more
Dinari, a U.S.-based provider of tokenized public securities, is set to launch its own blockchain, joining the latest wave of firms to build their own infrastructure. The chain, called the Dinari Financial Network, aims to serve as a coordination and settlement layer for the securities issued on other networks like Arbitrum (ARB), Base, Plume (PLUME) … Read more
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has launched the Gemini Wallet, a new self-custodial smart wallet that aims to streamline user access to Web3 protocols, decentralized finance (DeFi) platforms, and onchain applications, the company said in a blog post Thursday. Available at onchain.gemini.com, the Gemini Wallet allows users to move seamlessly … Read more
Inflation concerns were re-ignited during U.S. morning hours Thursday, sending risk assets — crypto among them — sharply lower. The July Producer Price Index (PPI) rose 0.9%, blowing past estimates for 0.2% and 0.0% in June. On a year-over-year basis, PPI was higher by 3.3% versus forecasts for 2.5% and June’s 2.4%. Core PPI, which … Read more
Apple could add an A19 Pro chip to its upcoming iPad Mini. Apple appears to have inadvertently included details about several of its upcoming devices in code spotted by MacRumors. One part of the code suggests that Apple plans on putting an M5 chip in its next-gen Vision Pro headset, aligning with a previous report … Read more
Basic origami skills are needed to assemble Teenage Engineering’s new Computer-2 case. | Image: Teenage Engineering Teenage Engineering – best known for its electronic instruments and slick audio gear – has announced a new computer case, a follow-up to its $149 Computer-1 released back in 2021, that it’s claiming is the “cheapest computer case in … Read more
Around $48 million worth of cryptocurrency has been moved from wallets tied to Turkish exchange BtcTurk, raising fears of a potential hack. The incident involved large transfers of ether (ETH), Avalanche’s AVAX (AVAX), Arbitrum’s ARB (ARB), Base (BASE), Optimism’s OP (OP), Mantle (MANTLE), and Polygon’s MATIC (MATIC), with the bulk of the funds consolidating into … Read more
Vietnam’s police say they have arrested 20 people in what they say is the country’s largest crypto scam, a multibillion-dollar Ponzi scheme built around Paynet Coin.
Find out what’s driving the move and if there’s more fuel for this rally to continue.
Internet Computer Protocol (ICP) saw a volatile 24 hours, climbing from $5.84 to a session high of $6.08 before succumbing to selling pressure. The 5% swing unfolded within a $0.28 trading corridor, reflecting both strong buying interest and swift profit-taking, according to CoinDesk Research’s technical analysis data model. Early momentum carried ICP through multiple resistance … Read more
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Pepe (PEPE), the frog-themed memecoin that surged in popularity earlier this year, fell roughly 4% in the past 24 hours. The decline came as trading activity across the meme token sector cooled from highs seen earlier this week. The wider memecoin market, based on the CoinDesk Memecoin Index (CDMEME) saw a 3% decline in the … Read more
Institutional DeFi platform Sentora published a new report on Thursday, arguing that the corporate adoption of bitcoin (BTC) as a treasury asset, while popular, resembles a “balance sheet roulette.” “Bitcoin’s scarcity and programmability make it an unprecedented corporate asset — but without scalable yield and durable financing, most current adopters are playing a dangerous game … Read more
Spar will launch crypto and stablecoin payments across 300 Swiss supermarkets via Binance Pay and DFX.swiss, marking a retail first for the country.
TeraWulf (WULF), has signed two 10-year high-performance computing (HPC) colocation agreements with AI cloud platform Fluidstack. The agreements lock in approximately $3.7 billion in contracted revenue, with potential to rise to $8.7 billion if two five-year extension options are exercised. Google will support the project by backstopping $1.8 billion of Fluidstack’s lease obligations, facilitating project … Read more
The first time I tried to explain quantum computing to my parents, I failed spectacularly. I told them it was like using magic to solve math. My mom asked if that meant the computer could help someone win the lottery. My dad thought it sounded like nonsense. And you know what? They’re not entirely wrong. … Read more
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ADA jumped double digits on the day as it surged to a five-month high, following a BTC all-time high and ETH closing in on its peak.
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By Francisco Rodrigues (All times ET unless indicated otherwise) The cryptocurrency market is still enjoying a rally on the back of Tuesday’s higher-than-expected core inflation reading that boosted chances of a Federal Reserve interest-rate cut next month. Some traders are even calling for a 50 bps cut. The euphoria has lifted the CoinDesk 20 (CD20) … Read more
The hacker behind the Radiant Capital $58 million October 2024 exploit now holds $103 million in Ether since the asset’s price almost doubled.
Bitcoin (BTC) hit a record high above $124,000, and momentum has since eased off. Analysts said profit-taking by long-term holders has been capping gains above $120,000 since mid-July. The bull market remains concentrated at the top, as evident from the CoinDesk 20 (CD20) Index, which has risen over 1% in 24 hours. The CoinDesk 80 … Read more