Hamster Kombat Crypto Game Hype Beats WhatsApp, Instagram and TikTok
The tap to earn crypto game Hamster Kombat has recently become very popular in various parts of the world. This game, which is played via Telegram, has even managed to beat technology giants such as WhatsApp, Instagram and TikTok in terms of accelerated adoption. Hamster Kombat is said to have more than 100 million users. The game played on Telegram managed to gather hundreds of millions of users in just 72 days since its launch.
The popularity of Hamster Kombat itself means that this project is predicted to follow in the footsteps of the success of Notcoin (NOT), which was previously launched with a similar mechanism. Hamster Kombat will also distribute crypto airdrops to its users on The Open Network (TON) network.
Celsius Distributes IDR 42 Trillion to Creditors, Recovers from Bankruptcy?
Celsius, a crypto lending platform, managed to make a comeback after struggling hard for 18 months since July 2022. This good news was announced on January 31, 2024 at 18.00 WIB. According to David Barse and Alan Carr, members of Celsius' restructuring board, emerging from bankruptcy is the result of an extraordinary team of hard work. Successfully going through difficult times, Celsius is now standing tall again. Apart from that, the company also took advantage of this opportunity to release Ionic Digital, a new entity in the world of Bitcoin mining. Celsius' reorganization and exit from bankruptcy proceedings received overwhelming support, with 98% of Celsius' creditors giving their blessing. Ionic Digital will later be owned by Celsius' creditors, while its mining operations will be managed by Hut 8 Corp. (Nasdaq). The company hopes that Ionic Digital will be publicly listed soon after obtaining the necessary approvals.
British Regulators Seize Bitcoin Worth IDR 25 Trillion From Chinese Investment Platform
British authorities have succeeded in seizing bitcoin worth 1.4 billion pounds (around $1.78 billion equivalent to 25.098 trillion rupiah) from a Chinese investment fraud operation. The court in London heard about the seizure as part of the trial of Jian Wen, who is accused of laundering bitcoins on behalf of his former employer, Yadi Zhang aka Zhimin Qian. In 2018, British police seized four devices with more than 61,000 BTC worth £1.4 billion. The surprise came in July 2021 when all the assets were returned. Zhang, who was charged with stealing around £5 billion from 128,000 investors, converted it into bitcoin before fleeing. A case that attracts attention, where Bitcoin is at the center of attention in financial crimes.
Near Foundation has just announced plans for mass layoffs, which will result in a reduction of as much as 40% of their total workforce. In this action, as many as 35 people will be affected, mainly from the marketing, business development and community divisions.
The narrative regarding spot Ethereum ETFs has recently been busy. The price of Ethereum saw an increase after the official announcement of the approval of a spot Bitcoin ETF. Bloomberg analyst Eric Balchunas estimates that the probability of spot Ethereum ETF approval will reach 70% in May 2024.
Several companies such as VanEck, Ark 21Shares, and Hashdex have applied for the ETF.
Polygon recently introduced Libre, a tokenization protocol for institutions powered by Polygon's CDK technology. This protocol is the result of collaboration between Polygon, Nomura, and WebN Group. The first step in testing this protocol will involve institutions such as Brevan Howard and Hamilton Lane.
Binance, Kraken, and several other apps were recently removed from the App Store in India. This comes just two weeks after the Indian government issued a warning regarding illegal activities carried out by these platforms.
Elon Musk plans to launch a peer-to-peer payments platform this year, with the aim of it being an app that can be used by everyone. The main focus is improving features and trading opportunities.
According to Arkham Intelligence, North Korean hacking group Lazarus sent 27,371 BTC to a crypto mixer service before sending a further 3,343 BTC to a previously inactive address.
According to a statement from global banking giant, Standard Chartered, potential inflows of $50 to $100 billion into Bitcoin ETFs are expected by 2024.
Japan's largest online second-hand goods trading platform, Mercari, will allow payments using Bitcoin through its crypto subsidiary, Melcoin. Payments in BTC will be converted into Japanese yen, giving buyers the option to choose Bitcoin as a payment method.
Ahead of the spot Bitcoin ETF approval scheduled for today, the SEC is warning investors against getting caught up in FOMO. The SEC, through its education office, urges retail investors to be aware of the risks of investing in digital assets such as meme stocks, cryptocurrencies and NFTs. This call also fueled speculation that a Bitcoin ETF might be approved.
Facing a possible decision regarding the implementation of a Bitcoin ETF, Fox Business reported that BlackRock is planning a 3% workforce cut, which will affect around 600 employees.
VanEck is committed to long-term investing in the Bitcoin ecosystem and promises to donate 5% of profits earned from Bitcoin spot ETFs to Brink, the Bitcoin Core development organization. This commitment will last for at least 10 years if the SEC approves their Bitcoin ETF.
Digital Currency Group (DCG) announced that full repayment of all short-term loans to Genesis has now been completed. DCG fulfilled its financial obligations by paying around $700 million (Rp. 10.8 trillion) to Genesis, bringing the total debt payments to creditors to more than $1 billion (Rp. 15.5 trillion) in just one year.
The SEC recently achieved a victory by asserting that offerings from Terraform are securities. This is an attempt to convince other judges that they are correct in assessing platforms like Coinbase and Binance that trade unregistered securities.
A mysterious transaction recently occurred on the Bitcoin network. A total of 26.9 BTC was sent to the genesis wallet which is known to be the first wallet created by Satoshi Nakamoto. Interestingly, speculative analysts say that this transaction is likely a marketing move related to the Bitcoin Spot ETF.