Auto Legends Secures $1M Investment from Coinbase Ventures

Autoverse Studios, the developer of the upcoming web3 drag racing game Auto Legends, has secured a $1 million investment from Coinbase Ventures, adding to the company’s previously raised $8 million. Auto Legends is designed to combine blockchain technology with the competitive world of drag racing, featuring licensed vehicles and customization options. With the gaming industry…

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Bitcoin Faces Critical Juncture: Bear Market Threatens as Key Metrics Flash Red, Cryptoquant Warns

Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened downside risks. Valuation Metrics Hit Cycle Lows: Is Bitcoin Primed for a Crash or a Rebound? Cryptoquant’s latest institutional insights report reveals bitcoin is navigating its most bearish phase of…

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Base’s X Account Under Fire for Shilling AI Shitposter

Frustrated Time.fun creator calls out Base’s X profile for promoting AI-made Grok token while ignoring their projects. Another day, another blockchain drama and this time featuring Time.fun’s creator 0xKawz, calling out layer-2 network Base for promoting a memecoin while ignoring months of work on their project. The dispute centers around Base’s X account, which recently…

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CoinEx Sponsors National Chess Event That Would Send Filipinos to Asia-Wide Tournament, Partners with Anichess

CoinEx, a global cryptocurrency platform, announced that it will be sponsoring the upcoming National Chess Federation of the Philippines (NCFP) Chess Championships, a national-level tournament. In addition to sponsoring the event, CoinEx also shared its partnership with Anichess, a free-to-play online chess game that adds a unique strategic twist by incorporating spells.  CoinEx Sponsors NCFP…

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Russia’s central bank considers allowing crypto purchases for qualified investors

Key Takeaways Russia’s central bank seeks to enable crypto purchases for highly qualified investors only. The experimental legal regime excludes crypto as a means of payment between residents. Share this article The Bank of Russia has submitted proposals to the government outlining a regulatory framework for crypto investments, according to a Wednesday press release published…

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Crypto ETFs Remain Under Pressure With $371 Million in Outflows for Bitcoin and $22 Million for Ether

On Tuesday, March 11, bitcoin ETFs experienced net outflows of $371 million, marking a full week of consecutive withdrawals. Ether ETFs also faced challenges, with $22 million in net outflows, extending their streak to five days. Market Caution Prevails With Bitcoin and Ether ETFs Seeing Continued Withdrawals Investors continued to reassess their positions in bitcoin…

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