Author: Crypto News Live
TL;DRWe asked our intern (Kevin) to write an article on the Manifold x Andy Murray NFT series – and it was a massive error in judgement. This is what he had to say:“Manifold.xyz made an open edition NFT, which used a whole bunch of sports data from Andy Murray’s (tennis) games to create this 3D color burst artwork.”“I can’t figure out how the sports data relates to the artwork – but I think that’s kind of the point? We all wanna seem smart, so we pretend to ‘get it.’““Idk, maybe I’m missing something? I don’t really understand modern art.”“Except Andy…
Cradles, an MMO with dinosaurs, prepares for a new, public beta test, opening in mid-July. And though they call this a public test, it’s actually limited, though there are a couple of ways you can get access. Slated to start on July 15th, the next beta playtest for Cradles: Origin of Species, is limited to 10,000 players. This includes holders of Cradles Dinopets NFT and Crystalios NFT. Dinopets NFTs are available on secondary markets, but the Crystalios NFTs havent been minted / sold yet. Their last announcement said to expect an NFT sale on July 10th (the day this article…
The general cryptocurrency market, led by Bitcoin (BTC), has recently consolidated after receiving a boost from increased institutional interest. Notably, with Bitcoin comfortably establishing itself above the $30,000 mark, attention has shifted to altcoins and their potential to attract capital inflow and challenge Bitcoin’s dominance. In this regard, several cryptocurrency analysts have suggested that technical indicators point to an imminent altcoin breakout. For instance, on July 9, pseudonymous crypto analyst Moustache, also known as el_crypto_prof, tweeted that altcoins currently have significant “send potential.” The analyst pointed out that the current market state resembles the previous cycle. According to the analysis,…
The portion of miner revenue derived from transaction fees plunged to a 4-month low. Bitcoin network’s hashrate hit an all-time high, requiring more investment in mining equipment. The fortune of Bitcoin [BTC] miners has taken a drastic turn in a very short span. After making a killing during the BRC-20 minting frenzy in early May, most miners were grappling with reduced earnings at the time of writing. Is your portfolio green? Check out the Bitcoin Profit Calculator According to Glassnode, the portion of miner revenue derived from transaction fees plunged. It touched a 4-month low as of 9 July. 📉…
PEPE was down by nearly 7% over the last 24 hours, along with an increase in trading volume. Most on-chain metrics and market indicators remained bearish on the memecoin. Pepe [PEPE] was once again trending at number one on CoinMarketCap, but not for a good reason this time. The token has witnessed a major price correction over the last 24 hours, which almost brought its value down by double digits. The latest data revealed a possible reason for this decline. Its metrics also suggested that things could turn worse in the coming days. However, a market indicator provided much needed…
Web3 development studio Find Satoshi Lab (FSL), famed for creating the move-and-earn lifestyle game StepN, has unveiled a new game: Gas Hero. They’re launching a competition called Shape the Legends, Share the Glory to commemorate the release. The competition urges community members to design their own version of the game’s NFTs — called Genesis Heroes — for a chance to win two percent creator royalty fees as well as a portion of the game’s utility token, $GMT. This competition signals a possible shift in Web3 gaming, encouraging the participation of its players even before the game’s launch. Gas Hero will…
The team behind move-to-earn game Stepn is stepping further into game development. Find Satoshi Lab (FSL), the crypto startup that created Stepn, NFT marketplace MOOAR, and decentralized trading platform DOOAR, has announced plans to release a massively multiplayer online game (MMO) called Gas Hero that will be playable via web browsers and mobile phones. While little has been revealed about the upcoming game, which is slated to launch later this year, its name does not refer to the “gas” known among crypto traders—which refers to network transactions fees or “gas fees” that power crypto networks like Ethereum. A screenshot from…
Line Next, a subsidiary of mobile messaging giant Line, has declared a collaboration with the reputable gaming company Sega. This partnership intends to introduce a new Web3 game to the blockchain gaming platform, Game Dosi. Under the established memorandum of understanding, Line Next has secured an intellectual property license from Sega, gaining the rights to utilize one of Sega’s “immensely popular” game IPs. The selected game is set to be reimagined as a Web3 experience, finding its new home on the Game Dosi platform.Line Next’s role in this venture extends beyond facilitating the transition to a Web3 environment. They will…
Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average hourly earnings growth held steady at 0.4% from May and 4.4% from a year ago. The report did not alter expectations of a 25 basis point rate hike by the United States Federal Reserve in the next meeting, according to the FedWatch Tool. That kept the U.S. equities markets under pressure, with all three major indices falling for the week. The S&P 500 was down 1.16% and the Nasdaq was lower…
At the AI for Good 2023 global summit, a panel of robots and their creators sat in front of the press to answer journalists’ questions on topics such as job automation, artificial intelligence (AI) leadership and collaboration with humans for a better future. The summit was hosted by the International Telecommunication Union (ITU), the tech agency of the United Nations, in Geneva from July 4-7 and included a variety of speakers along with the world’s most advanced androids. The UN called this its first robot press conference. Altogether nine robots were in attendance including Sophia, who serves as the U.N. Development Program’s…
