Author: Crypto News Live

Web3 social game “Gas Hero” Find Satoshi Lab (FSL), the operator of the fitness app “STEPN”, announced on the 10th that it will launch the Web3 social game “Gas Hero”. It’s due for release later this year. As part of the promotion of this game, it is also revealed that a total of about 2 million GMT tokens (equivalent to about 60 million yen) will be prepared. We will be looking for in-game avatar creations and designs, called ‘heroes’, and will award GMT tokens to the chosen ones. We’re delighted to announce #GasHerothe first Web3 social game from #STEPN creators…

Bitcoin miner revenue reflects the improving state of BTC but slow phases are expected. Bitcoin miner sentiments improve in favor of the upside. Is Bitcoin headed for another low volatility phase? That might be the case now that Bitcoin miner revenue is tanking. This is contrary to what we have seen in the last few months during which Ordinal Inscriptions fueled robust miner revenue growth. Is your portfolio green? Check out the Bitcoin Profit Calculator Glassnode research revealed in the last 24 hours that Bitcoin percent miner revenue generated from fees fell to a 4-month low. Ordinal inscriptions and volatile…

Vanguard Group has increased its investment in the Bitcoin mining firms Marathon Digital Holdings and Riot Blockchain in two July 10 filings. Vanguard now owns 17.5 million shares in Marathon. That number is shown in the line detailing the aggregate amount beneficially owned by each reporting person in a filing submitted to the U.S. Securities and Exchange Commission (SEC). Another filing shows that Vanguard owns 17.9 million shares of Riot Blockchain, Marathon’s main competitor. Both filings were effective on June 30 but are dated July 10. Reports from Fintel suggest that Vanguard now owns 10.31% of Marathon and 10.24% of…

20% of the total ETH supply has been staked. Negative CMF hinted at liquidity exit from the ETH market. Following the implementation of the Shanghai hardfork, Ethereum [ETH] introduced the ability to withdraw staked Ether from its consensus mechanism. However, contrary to the expectations of many, the upgrade was yet to result in a surge of withdrawals. Instead, it has sparked a renewed wave of deposits.  Is your portfolio green? Check out the Ethereum Profit Calculator According to new data from Dune Analytics, 20% of the total supply of the leading altcoin has been staked. At the time of writing, 23.83…

After two years of development, the Ether project finally launched its much-anticipated mint on June 30 to allowlist members. However, after the project launched its public sale a week later on July 9, the team paused the public mint due to a lack of activity. At the time of writing, less than half of the total supply has been minted. While the low amount of mints could be seen as an immediate cause for the pause, the current state of the project has been shaped by a multitude of influences. These include community feedback and responses about elements like price,…

Ordinals are unique digital assets inscribed on a satoshi, the smallest unit of Bitcoin. Their creation became possible through the Taproot upgrade, which was launched on the Bitcoin network in November 2021. This upgrade enabled data inscription on the Bitcoin network in a similar manner to creating NFTs on other blockchain platforms. The introduction of Ordinals has created a buzz in the Bitcoin community, leading to significant traction and growing interest among users. According to data from NFT aggregator CryptoSlam, collections such as $INSC BRC-20 NFTs, Uncategorized Ordinals, $SATS BRC-20 NFTs, and $BRC-20 NFTs have seen substantial trading volumes, surpassing…

Scams be gettin crazzy, indeed!We’re back with another – and this one feels extra brazen.Yesterday, the Department of Justice (DOJ) indicted a guy accused of stealing $450k worth of crypto and NFTs.How?By creating a full on website that was almost an exact replica of OpenSea.Apparently, after creating a lookalike website of the marketplace, Soufiane Oulahyane used it to lure at least one person to hand over the seed phrase to their digital wallet.Once Oulahyane had access to that, he simply transferred the crypto and NFTs out of the wallet, then sold the NFTs on the real OpenSea (allegedly).(Including a Bored…

Update (11 July 2023, 9:00 UTC): This article has been updated to include BitOasis’s response to the regulatory issue.Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions within the timeframes set out by the authority.On July 10, the Virtual Assets Regulatory Authority (VARA) issued two alerts saying it had undertaken enforcement action against BitOasis and is reviewing the Dubai-based firm.VARA said BitOasis’ conditional license, granted April 12, permitted it to operate provided the firm met “key conditions over 30-60 day timeframes,” which the regulator said hadn’t been met.VARA did not detail what conditions…

Senators in the United States will be briefed by the White House regarding artificial intelligence (AI) as lawmakers continue to mull over regulations for the technology. In a letter sent to fellow senators by Senate Democratic Leader Chuck Schumer on July 9, he announced the “first-ever” classified Senate briefing on AI with the Department of Defense and the Intelligence Community. According to the letter, the meeting will focus on how the U.S. government is currently “using and investing in AI to protect our national security and learn what our adversaries are doing in AI.” The meeting will take place on July…

BTC accumulated at the current price range could see more impact with a price change. BTC saw a two-day increase in price at around $30,600. Throughout the year, despite its position, the Bitcoin [BTC] price has consistently attracted interested buyers. Where do these buyers currently stand at various price points, and how will the upcoming price movement impact their holdings? Read Bitcoin (BTC) Price Prediction 2023-24 Bitcoin accumulation at different range As we examine the price movements of Bitcoin over the past year per Glassnode, an interesting pattern emerged. Initially, the cryptocurrency began the year at around $16,500, and during…