Author: Crypto News Live

My Pet Hooligan announces their acceptance onto the Epic Games platform, expanding their potential playerbase and contributing to Epic’s rise as a major distribution platform for web3 gaming! Epic Games continues to ramp up their presence in the blockchain scene. After recently adding Gods Unchained to their distribution platform, they now also host My Pet Hooligan on the Epic Games store! This is a positive sign for both My Pet Hooligan and web3 gaming in general! And this addition is just in time as My Pet Hooligan prepares to launch the next phase of their alpha testing. Players can gain…

Join Our Telegram channel to stay up to date on breaking news coverage Magic Eden, a multi-chain digital marketplace for crypto and non-fungible tokens, has teamed up with the web3 payment platform Helio Pay to launch a pre-sale platform for NFT creators. This platform is the first multi-chain platform in the short history of NFTs. Magic Eden Taps Helio To Launch Pre-sale Platform For NFT Creators In a June 29 press release, the digital asset marketplace confirmed partnering with Helio Pay to launch the new pre-sale platform for NFT creators. The joint project is believed to be a game changer…

United States Senator Michael Bennet has urged tech companies to label AI-generated content and monitor any misleading content produced by artificial intelligence (AI). In a June 29 letter sent to executives of major tech companies involved with AI, including ChatGPT creator, OpenAI, Microsoft, Meta, Twitter and Alphabet, Bennet stressed that users should be aware when AI was used to make content. Bennet said fake images have disruptive consequences for the economy and trust, especially when they are politically oriented. “Continuing to produce and disseminate AI-generated content without clear, easily comprehensible identifiers poses an unacceptable risk to public discourse and electoral integrity.“The…

Fidelity Investments refiled its application for its spot Bitcoin exchange-traded fund (ETF), called Wise Origin Bitcoin Trust, on June 29. Fidelity first filed its application in 2021, but it was rejected by the SEC in January 2022, along with other spot Bitcoin ETF applications. To date, no institution that has filed a spot Bitcoin ETF application has received approval. However, a wave of institutional interest appears to have been sparked by BlackRock‘s spot Bitcoin ETF. Fidelity is the latest to join a spate of such re-applications sparked by BlackRock’s own application earlier in June. As of June 29, there are…

Solana (SOL) network gained over 15% in the past 24 hours, trading around $18.59. The network’s Web3 smartphone, Saga mobile, contributed to a 300% increase in daily traded volume, reaching $1 billion. Despite allegations of being an unregistered security asset by the SEC, Solana developers and the global community remain optimistic.Solana Price AnalysisWhile Solana’s price has been trapped in a macro falling trend since hitting ATH in late 2021, it is observable that the SOL price action has been approaching imminent reversals amid diminishing losses. Having consolidated slightly below the pre-FTX levels, Solana bulls seem rejuvenated for a further pump.With…

Second Life, Motown Records, and STYNGR join forces to create a special music experience. Here’s everything you need to know. TL;DR Second Life teams up with Motown Records to create a dedicated music venue, offering a special experience with legendary artists and the iconic Motown sound. Explore interactive features within Second Life’s platform, including dressing up your avatar with Motown music from Styngs, truly embracing the spirit of the music. Look forward to a dedicated Motown Records radio station and a series of captivating events, curated by Motown and STYNGR, ensuring a fresh and engaging music experience. This collaboration marks…

Over the past few years, fxhash has solidified itself as a premiere, community-focused, and accessible platform for generative art. A longtime major facet of the Tezos NFT ecosystem, the platform is now seeking to double down on its mission to enhance and untether the creative potential of artists in the generative NFT space with an ambitious expansion. With its forthcoming update, dubbed fxhash 2.0, the platform aims to bridge the gap between Tezos and Ethereum, fostering an environment that promotes the unique creative freedom of its users. This ETH integration is expected to expand the platform’s capabilities, allowing for both…

The NFT market experienced explosive growth in 2021, with record-breaking sales and widespread attention. As the dust settles from the previous bull run, anticipation builds for the next surge in the market. Several key factors are emerging that could propel the market to new heights.Increased Adoption of NFTsNFTs are no longer limited to the realm of crypto enthusiasts. Mainstream industries are now embracing this digital asset class, with brands like Starbucks, Gucci, Adidas, and Nike launching NFT collections. These industry giants are leveraging NFTs to engage with their fan base and offer unique digital experiences. The growing adoption of NFTs…

Yuga Labs, the creator of Bored Ape Yacht Club (BAYC), has introduced an exciting addition to its lineup with the launch of the HV-MTL Forge Web3 game. This creative, social, and competitive crafting game offers an immersive experience for HV-MTL non-fungible token (NFT) holders, allowing them to showcase their skills and engage with the Yacht Club universe in a whole new way.HV-MTL ForgeIn the HV-MTL Forge game, players have the opportunity to unleash their creativity by building their own forges. The objective is to keep the HV character happy and productive, ensuring the creation of remarkable items. Participants can then…

Solana’s Cardinal protocol, known for introducing “conditional ownership” in non-fungible tokens (NFTs), has decided to cease its operations. This move comes in response to poor economic conditions, the team behind the project shared via social media. The Cardinal protocol of Solana successfully secured $4.4 million in funding to enhance the utility of non-fungible tokens (NFTs). The seed funding was co-led by prominent crypto venture firm Protagonist and Solana Ventures. The funding also saw participation from other entities in the industry, including Animoca Brands, Delphi Digital, CMS Holdings, and Alameda Research. Dedicated to fostering the growth of non-fungible tokens (NFTs) on…