Author: Crypto News Live

The creators of Fortnite, Epic Games, and Lego team up once again to present a vision for a fun metaverse. Here’s everything you need to know. TL;DR Lego and Epic Games collaborate to reignite the metaverse conversation at Cannes Lions Festival. Together, they discussed a shared vision for an engaging experience. They aim to merge the digital and real world, offering new ways for Lego fans to build and create. The partnership highlights an appeal to younger audiences and their commitment to user safety. Together, they’ll work towards creating metaverse standards for accessibility, fairness, and creativity. Epic Games and Lego…

Can ridesharing bring Web3 to the masses? Eloop, a Vienna-based car-sharing service company, in collaboration with Web3 ecosystem Peaq Network, seem to think so. The pair have recently taken a step toward strengthening the intersection of blockchain and transportation by tokenizing a fleet of Teslas. Eloop has integrated blockchain-based self-sovereign IDs into just under half of its fleet of over 200 cars. The integration lets users own a fraction of the vehicle fleet and share the profits from daily ridesharing operations. Decentralized car ownership Eloop’s tokenization process is straightforward. When a user holds a token, they own a fraction of…

Web3 gaming studio, Mythical Games, has achieved another milestone by securing $37 million in funding as the initial phase of a Series C extension round. Scytale Digital, a leading digital asset manager, led the capital influx. Other renowned investors contributing to this round include ARK Invest, Andreessen Horowitz, and Animoca Brands, further solidifying the trust and support for Mythical Games.The recent funding news comes after the successful $150 million Series C round held in November 2021, driven by Andreessen Horowitz, which ushered the Seattle-based firm into the “unicorn” club, setting its valuation at a staggering $1.25 billion. Mythical Games has…

As the NFT industry has considerably decreased since its boom in 2021, many started wondering if NFTs are to survive at all. In this article, we will make a deep dive into the market data, take a look at the recent developments in the NFT space, and examine if there’s a thing that can spark the next bull run.The boom and bust cycle of the NFT marketBeyond any doubt, NFTs have already revolutionized the way we perceive and trade digital art by creating communities and collaborations between artists, fans, and customers. However, this new asset class also exhibits high volatility…

Lido saw significant TVL growth aided by top layer 2 networks. LDO struggled to sustain a rally as exchange flows shifted gears in favor of the bears. The crypto market has seen a return of volatility in the last few weeks and that means healthy movement in DeFi. Lido Finance [LDO] just released its latest weekly update, which revealed some correlation with the higher volatility. Is your portfolio green? Check out the Lido Profit Calculator Lido’s latest update revealed that it was the leading staking platform in terms of net new ETH deposits to the Ethereum [ETH] beacon chain during…

Apple, the technology titan, recently announced its entry into Virtual Reality through the Apple Vision Pro. This mixed-reality headset, currently under development, is bursting with potential, particularly in accelerating the adoption of the metaverse. In this article, we’ll break down five key ways Vision Pro might become the catalyst the metaverse needs.1. Technological FeaturesThe Vision Pro is packed with innovative technologies engineered to deliver a highly immersive user experience. It features an ultra-high-resolution display system that serves each eye with more pixels than a 4K TV, courtesy of 23 million of them across two displays.Complementing this visual spectacle is the…

The NFT marketplace Magic Eden has announced that it will incorporate BRC-20 token functionality on its open-source secondary marketplace and creator launchpad, according to information shared with nft now. The announcement comes just two months after the platform introduced Launchpad for Bitcoin Ordinals, the protocol that allows NFTs to be traded on the Bitcoin blockchain.   The update, which will go into effect at 8:00 pm ET on June 27, lets users collect BRC-20 projects directly. It also furnishes creators with the capability to release their own BRC-20 drops for minting directly on the platform itself.  Expanding a nascent Web3 ecosystem…

TL;DRSix engineers who call themselves the “Six Samurai” have proposed to rebuild the Terra LUNA project. The idea being: the fundamentals of the project actually made sense, the problem was that when a bank run happened, there weren’t enough reserves to get it back to its $1 peg.On one hand, we get the idea of taking an existing (albeit failed) project, learning from the things that didn’t work, and improving on it. At the same time, this seems like more of a last ditch effort to get a small return on the LUNA Classic tokens that are still being held…

On June 29th MegaWorld opens up the ability to mint Unit NFTs, paving the way for landlords in their virtual world. This also ties into the upcoming alpha phase introducing in-game quests for player characters. MegaWorld introduced the ability to create custom buildings a few weeks ago. Now they prepare to launch the next phase, letting owners of custom buildings mint and tokenize Units, designated sections of a customized plot, as NFTs. Scheduled to open on June 29th, Unit minting heralds the beginning of a new era for MegaWorld. One in which avatars roam the world, completing quests, earning coins,…

You can’t add Solana to MetaMask because the Solana blockchain is not compatible with the EVM (Ethereum Virtual Machine). The MetaMask wallet only supports EVM-compatible blockchains, such as Ethereum, Polygon and BNB Chain. Still, if you’re wondering how to add Solana to MetaMask, you’ll most likely be interested in Solana wallets similar to MetaMask. In this article, we’ll explain why Solana is not compatible with MetaMask and feature Solana wallets that offer a similar user experience to MetaMask. Why can’t I add Solana to MetaMask? The reason why the MetaMask wallet doesn’t support the Solana blockchain is because the Solana…