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Mattel to wind down its Hot Wheels Virtual Garage NFTs

Toymaking giant Mattel is putting the brakes on its Hot Wheels Virtual Garage non-fungible tokens, pending a decision on the collection’s future. There will be no future releases of any new NFT series or feature drops for the “foreseeable future,” Mattel said in an update on its website. The company said it will decide on […]

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Bitcoin price cools going into Fed rate hike week, HYPE, AAVE, RNDR, FET still look bullish

Key points: Bitcoin’s positive sentiment should remain intact if BTC price stays above the 20-day EMA near $92,000. Several altcoins show bullish chart patterns in the 4-hour and 1-day timeframes. Bitcoin (BTC) has given back some of the gains over the weekend, and the price has pulled back to the breakout level of $95,000. Buyers […]

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OKX fires back at Tron's Justin Sun over mysterious 'freeze notice'

OKX founder and CEO Star Xu has publicly defended the crypto exchange after Tron founder Justin Sun accused it of failing to act on a law enforcement request to freeze stolen funds following a recent hack of Tron’s official X account. “OKX also has consumers protection policy according to law, we can’t freeze a customer’s […]

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Warren Buffett to step down as Berkshire Hathaway CEO by year's end

Warren Buffett, the CEO of publicly traded investment company Berkshire Hathaway, announced at the company’s annual shareholder meeting that he will step down by the end of 2025, and his chosen successor will take over as CEO, pending approval from Berkshire’s board of directors. According to CNBC, Buffett reiterated that Greg Abel, the company’s vice […]

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Bitcoin miners should pay costs in depreciating currency — Ledn exec

Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin lending firm Ledn. In an interview with […]