Author: MNK News
The price performance of Bitcoin over the past two weeks has been a major source of concern, as the coin’s value continues to drift away (about 15% down now) from its all-time high. As the flagship cryptocurrency slows down, the latest on-chain data suggests that a group of investors is exiting the market en masse. More Short-Term Holders Are Giving Up Their Holdings In an October 18 post on the X platform, on-chain analyst Darkfost revealed that a significant number of Bitcoin’s short-term investors have started to close their positions and realize their losses. Related Reading Darkfost’s analysis was hinged…
XRP has shown some signs of recovery over the past 48 hours, climbing about 5.3 % from its recent low, according to on-chain analytics platform Santiment. The rebound comes as investor confidence appears to be returning, as it coincides with a steady rise in mid to large-sized XRP holders. Particularly, on-chain data shows that the XRP ecosystem now has more than 317,500 wallets holding at least 10,000 XRP tokens for the first time in its history. Related Reading Mid To Large XRP Holders Reach Record 317,500 Wallets Despite XRP’s recent price woes alongside the rest of the crypto market, on-chain…
Links have proven to be a tricky thing when it comes to social media engagement. On platforms like Threads, data suggests that people often don’t click the links in posts, and creators on X have complained that posts including links don’t get as much visibility. X is now trying to solve that. Head of product Nikita Bier shared that the platform is “testing a new link experience” that lets people open a link without leaving the original post entirely, so they can still view the Like, Repost and other buttons. The test is rolling out to iOS users first.”To help…
As political tensions between the two global superpowers grow, China’s State Security Ministry accused the US’ National Security Agency of a cyberattack operation that took place between 2023 and 2024. As first reported by Reuters, the Chinese agency posted on WeChat that the NSA targeted the country’s National Time Service Center. As part of the Chinese Academy of Sciences, the center is tasked with generating, maintaining and transmitting its national standard of time, which is provided to important sectors across the country, including communications, defense and finance.The state ministry said the operation used around 42 types of “special cyberattack weapons”…
We still have a few months to wait before the next Cult of the Lamb DLC, Woolhaven, arrives, but the Massive Monster team just shared a closer look at one of the new experiences the expansion will bring and, oh boy, I cannot wait to play this. In addition to adding a new mountain area with two new dungeons, Woolhaven will introduce ranching, so you can raise animals — the regular, non-anthropomorphic kind — to keep as pets, shear for wool or slaughter for meat (you know, if you have no heart).Based on the overview video, we’ll get to raise…
Yonsei Universtiy campus in Seoul. (Herald DB) Yonsei University’s Alumni Association has begun accepting membership fees in cryptocurrency, becoming the first university alumni organization in South Korea to do so.Starting Oct. 14, alumni can pay their dues using Bitcoin, Tether, or USD Coin, the association said Sunday. To encourage participation, it is also offering a 10 percent discount for payments made in digital assets.The value of each cryptocurrency will be calculated based on the previous day’s closing price on Upbit, Korea’s largest exchange platform.According to the association, the new payment option was introduced after overseas alumni reported difficulties in wiring…
Violent video games have found themselves in the crosshairs of politicians yet again, but this time with Mexico’s government. Earlier this week, Mexico’s Chamber of Deputies approved a comprehensive financial package that includes an eight percent tax on video games with mature content. As first reported by Insider Gaming, the proposed tax covers games that have a C or D rating under Mexico’s video game age classification system, which is similar to ESRB in the US. The C rating is for players who are at least 18 years old and allows for extreme violence, bloodshed and moderate graphic sexual content,…
NEW YORK (AP) — Freed from the prison where he had been serving time for ripping off his campaign donors, former U.S. Rep. George Santos says he’s humbled by his experience behind bars but unconcerned about the “pearl clutching” of critics upset that President Donald Trump granted him clemency.“I’m pretty confident if President Trump had pardoned Jesus Christ off the cross, he would have had critics,” Santos said Sunday in an interview on CNN.Santos, who won office after inventing a bogus persona as a Wall Street dealmaker, pleaded guilty to fraud and identity theft last year and began serving a…
Four-time champions England booked their ticket to the semi-finals of the ICC Women’s World Cup after pulling off a nail-biting four-run win over hosts India in Indore on Sunday. England had posted a competitive 288-8 thanks to Heather Knight’s century and held their nerve in the field to defend it, despite their bowling, usually their strong suit, being a touch off colour. India looked to be cruising towards victory, needing just 62 runs off the last 10 overs with seven wickets in hand. But the dismissal of Smriti Mandhana turned the tide, as scoreboard pressure crept in and dot balls…
Former New York governor Andrew Cuomo is reportedly betting big on crypto and AI as part of his bid to return as the city’s next mayor. The New York City mayoral candidate plans to make NYC “the global hub of the future” by coordinating initiatives across the blockchain, AI and biotech industries and modernizing how the city integrates new technology, co-host of Crypto in America, Eleanor Terrett, said on Saturday.Part of this will also involve creating a new chief innovation officer position aimed at attracting more investments and jobs to boost innovation, she said. An Innovation Council with three advisory committees for…