Features Crypto News by Thebittimes.Com

Elon Musk seems to be thriving with his hands in several businesses. While his recent Twitter acquisition made quite some noise, he was back making headlines once again. This time, it wasn’t because of Twitter. Musk’s brain-computer interface firm, Neuralink announced that it was all set to implant coin-sized computing brain implants into human patients. JUST IN: Elon Musk says his Neuralink device is ready to be implemented into the human brain within the next six months . — Watcher.Guru (@WatcherGuru) December 1, 2022 At a widely anticipated “show and tell” event that took place a while ago, Musk revealed that these implants would be ready to be employed within the coming six months . This would be Neuralink’s first human trials following discussions with the US Food and Drug Administration that seemed to have gone well. The firm’s latest work is a small gadget that would be implanted into a human being through electrode-laced ...

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Join Our Telegram channel to stay up to date on breaking news coverage Blockchain games are clearly the talk of the town, despite the entire industry being stuck in a crypto winter. This category rose in popularity during the bull run back in 2021, and seems to have stuck within the sector as one of the best possible investment options for the wider community. At the helm of these categories, are some projects like Axie Infinity, which have risen in popularity surprisingly well in the past couple of months. But for some reason, Axie Infinity launching new products doesn’t surprise the audience the way it used to once.  The crypto industry has always been driven by hype and excitement to a major extent. It has followed trends or even moved entirely on the words of popular individuals like Elon Musk. Regardless of all these factors, blockchain gaming managed to thrive and has positioned itself as a truly high-potential sector within itself. But lack of the “intere...

Join Our Telegram channel to stay up to date on breaking news coverage As the crypto market attempts to recover from the downfall triggered by the FTX collapse, there are a few coins that present a profitable opportunity for investors. Today, we’ll take a look at the 7 biggest crypto gainers as of 30 November. Biggest Crypto Gainers Today Huobi Token – HT Huobi Token (HT) is the native token of the Huobi exchange which was initially based in China. The exchange is among the oldest crypto exchanges in operation and was founded by Leon Li in 2013. Currently, the exchange has its headquarters in Singapore with offices in several other countries. The HT token was initially distributed to users who purchased a service fee package on the exchange since China didn’t allow for Initial Coin Offerings. The rest of the coin supply (40%) is used for rewards, operation and a share is allotted to the team. The token had fallen down in price earlier this month, after it ...

Source: a video screenshot, Youtube, Bloomberg Markets and Finance The veteran investor Mark Mobius has said bitcoin (BTC) could fall to the $10,000 level, but he is still amazed by how well bitcoin prices “have held up” in the currently bearish environment. Speaking in an interview with Bloomberg on Monday this week, Mobius, who is known as one of the world’s leading experts on emerging market investments, made it clear that although he is impressed by bitcoin’s performance, he wouldn’t invest in it himself. And that goes both for his own and his clients’ money, he said. “It’s too dangerous,” Mobius said. The legendary investor added that he believes bitcoin and crypto more broadly “is here to stay” given how many investors still have faith in it. “It’s amazing how Bitcoin prices have held up” despite the collapse of crypto exchange FTX, he said. Since FTX filed for bankruptcy on Nov...

Continuing what has been an eventful first month in charge of the social media platform, Elon Musk says that Twitter has, “interfered in elections,” in the past, highlighting his want to build a much different platform. The new CEO has not failed to make headlines following the $44 billion acquisition of the platform. Yet, as mass layoffs and financial uncertainty abound, Musk is ensuring that his ultimate goal is a more trustworthy entity. JUST IN: Elon Musk says Twitter "has interfered in elections" in the past. — Watcher.Guru (@WatcherGuru) November 30, 2022 Musk Calls Out Past Twitter Since the Tesla founder took over the social media platform, Twitter has dominated the news. Questions surrounding verification, Twitter Blue, and massive changeovers have made for an eventful early period of ownership. Now, Musk has called out the previous regime for building a product that failed standards of trust with a damning accusation. In a Tweet, Musk stat...

According to a recent press release , crypto lending firm BlockFi has filed for chapter 11 bankruptcy protection. The company predictably began to battle liquidity issues in the wake of FTX’s monumental crash. BlockFi Hopes to Restructure The lender submitted its application for bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey alongside 8 affiliated companies. BlockFi’s goal is reportedly to bring operations back to steady ground. Chapter 11 of the Bankruptcy Code typically allows for reorganization, which BlockFi aims to accomplish to benefit clients and other stakeholders. First BlockFi is set to redeem all obligations owed to it by counterparties such as FTX and related entities. As the FTX crisis is yet to come to an end, however, the lender acknowledges this might take some time. The press release noted that BlockFi has sought approval from the court to continue operations for now.  The lender aims to smoothly transition int...