Christie’s has shuttered its digital art department, ending a short-lived but influential experiment that saw Non Fungible Tokens (NFTs) have a place alongside paintings, sculptures, and other works in the auction house’s art sales, according to a report from Now Media. Two staffers were let go at the end of August, including vice president of … Read more
Nasdaq-listed Forward Industries (FORD) said Thursday it has closed the $1.65 billion private investment in public equity (PIPE) deal to build out corporate crypto treasury centered on Solana SOL$224.97. The cash and stablecoin commitments, led by Galaxy Digital, Jump Crypto and Multicoin Capital, will fund the company’s plan to anchor its balance sheet in Solana’s … Read more
Solowin Holdings (SWIN), a publicly-traded investment holding firm, has announced it completed a $350 million acquisition of stablecoin infrastructure provider AlloyX, integrating its talent and technology as it aims to bolster its expansion into emerging markets. The Hong Kong-based financial firm said in a press release that the deal integrates AlloyX’s infrastructure, including a stablecoin … Read more
What to Know DOGE traded within a narrow $0.010 range between $0.234 and $0.244 during the 24-hour session from July 27 at 03:00 to July 28 at 02:00, marking a 4.12% intraday spread. The token opened at $0.238 and closed marginally higher at $0.239 after testing both support and resistance zones multiple times throughout the … Read more
Joe McCann is winding down Asymmetric’s Liquid Alpha Fund after the fund was accused of losing massive value this year and drew sharp criticism online. In a social media post, the crypto investor said that the strategy behind the Liquid Alpha Fund “clearly is no longer serving our LPs.” He said the fund had been … Read more
Xbox maker Microsoft closed its $69 billion (nearly Rs. 5,75,620 crore) deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best-selling titles including Call of Duty to better compete with industry leader Sony. Originally unveiled in January 2022, the biggest deal in the gaming industry cleared its final big hurdle — an approval from Britain — earlier in … Read more
Bitcoin (BTC) heads into a key double candle close just inches from records; can bulls stay in control? Bitcoin order-book liquidity games continue as the monthly and quarterly close sets the stage for sudden price moves. BTC/USD only needs to close June at $104,630 to seal its highest-ever monthly close. A calm week for US … Read more
Less than two months after Sony took its live service hero-shooter Concord offline after a disastrous launch, the company announced Tuesday it was shutting down developer Firewalk Studios and closing the book on the infamous game. Firewalk employees will depart Sony Interactive Entertainment (SIE) and the PlayStation parent will “permanently sunset” the game, admitting that … Read more