Neon Machine, a blockchain gaming company created by a former HBO executive, announced today the close of its $20 million Series A.
The round was led by Polychain Capital, with participation from Griffin Gaming Partners, Franklin Templeton, Brevan Howard Digital and others.
It’s been an increasingly tough market for early-stage crypto fundraising. Around $7 billion has been invested into crypto companies in the first nine months of the year...
Bitcoin
BTC
has rocketed higher in recent weeks as expectations surged the Federal Reserve could be about to stage a dramatic U-turn.
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year's historical bitcoin halving!
The bitcoin price topped $35,000 per bitcoin late last month, up more than double from where it began 2023—a rally that caused...
Nvidia is likely to report Q1 results Wednesday that show investments in artificial intelligence and metaverse offerings are paying off and replacing much of the chipmaker’s loss of semiconductor sales related to ether mining.
The chipmaker is one of the best-positioned companies in the semiconductor sector this year, given its dominant position in generative AI and multiple new product cycles in its data-center and gaming divisions, accordi...
Meta handily beat Wall Street’s expectations for its Q2 results, but there was no joy in its metaverse division, which posted a wider-than-expected loss and warned investors to expect the situation to get worse before it gets better.
Increased expense will come from “ongoing product development efforts in augmented reality/virtual reality and investments to further scale our ecosystem,” according to a company statement, and CFO
CFO
Susan...
Bitcoin
BTC
, ethereum and other cryptocurrencies were revitalized by a shock XRP legal ruling last month—though the price rally has since lost momentum (despite a sudden China crypto flip).
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster
The bitcoin price has reclaimed $30,000 per bitcoin this week after dropping under the psychological level as hype arou...
Congressman French Hill (R-Ark) is vice chairman of the House Financial Services Committee and chairman of the inaugural House Financial Services Subcommittee on Digital Assets, Financial Inclusion and Technology, where he has held multiple hearings on issues such as stablecoins and overall crypto market structure. He’s also one of the sponsors for the recently-introduced Financial Innovation and Technology for the 21st Century Act (FIT for th...
Bitcoin (BTC) has had its moon landing already. It is stuck in orbit now; prove me wrong.
Maybe Goldman Sachs was right when they said in 2022 that BTC was like gold, a hedge against inflation and the markets. Did bitcoin ‘go moon’ already, when it was over $60,000 and super bulls were predicting $100,000 (they still are; they can’t help themselves)? Bitcoin
BTC
looks more like a tech stock than a risky cryptocurrency investment. No one i...
Bitcoiners have always suffered from a big dose of hubris and boosterism. As far as so called bitcoin-maxis are concerned, bitcoin (BTC) is perfection in code. For them nothing should be changed and BTC is designed to be hard to be subverted and the protocol ensures that it is very difficult to change anything without overwhelming support. You can fork bitcoin, take the code and make your own variant, as much as you like, but after the fork is...
“If we can get these people beyond survival mode, then they won’t have to choose between renting a child out for the night and feeding the others,” Richard Swisher, Motiv President told me in an interview. He offered that bitcoin is helping do just that.
Motiv is a nonprofit working to empower communities and reduce dependencies with bitcoin. Their goal is to drive economic independence in underserved communities. In doing so, Swisher says ...
Bitcoin
BTC
and the wider crypto market—including ethereum and XRP
XRP
—have lost momentum after charging into 2023 (though billionaire Warren Buffett is still quietly getting richer off bitcoin).
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year's historical bitcoin halving!
The bitcoin price has lost 15% since peaking at almost $32,00...
