The crypto gaming landscape is thriving, highlighted by Hamster Kombat's plans for a layer-2 network on The Open Network following a successful DAO vote. Meanwhile, Off the Grid has garnered multiple Game of the Year awards and is set to expand its ecosystem in 2025. Illuvium is shifting focus to prioritize one game at a time, starting with Illuvium Arena, while airdrop season is in full swing, rewarding early users with new tokens.
MicroStrategy's shares fell 6% to $342 after the company announced a $561 million Bitcoin purchase, bringing its total holdings to 444,262 BTC valued at $42 billion. The firm, now part of the Nasdaq-100, has acquired 192,000 BTC since November 11, despite Bitcoin's recent price drop to $93,700. Analysts suggest that the stock's inclusion in the index could lead to significant trading volume increases, potentially impacting its price positively.
BlackRock's iShares Bitcoin Trust ETF has achieved remarkable success, managing $53.8 billion in assets and surpassing its Gold ETF. The firm advises investors to limit Bitcoin exposure to 1-2% of their portfolios due to its volatility and lack of cash flows, while noting that increased adoption could alter its risk profile. Despite Bitcoin's potential as an inflation hedge, Microsoft shareholders overwhelmingly rejected a proposal to invest in the cryptocurrency.
Dimo, a platform enabling car drivers to monetize their data, is migrating from the Polygon network to Coinbase's Base layer-2 chain, aiming for enhanced partnerships and collaborations. Co-founder Rob Solomon envisions a future where Dimo's blockchain-based Vehicle ID system replaces traditional VINs, making blockchain the standard for vehicle registrations and ownership. The migration is set for late 2025, with users likely facing minimal disruption.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.