Author: Crypto News Live

LSTs have taken over Ethereum as collateral on DeFi platforms. Liquid staking accounted for around 28% of the staking market share. With the launch of Ethereum [ETH] staking, stakers have created more utility for their LSTs as it is gradually replacing ETH as collateral. According to recent reports, Liquid Staking Tokens (LSTs) are reshaping the Ethereum DeFi landscape. Thus, overshadowing traditional ETH usage as a preferred collateral choice. Read Ethereum’s [ETH] Price Prediction 2023-24 Integrating ETH with the Proof of Stake (PoS) network unleashed a new dimension of Decentralized Finance within the Ethereum ecosystem. In a recent development highlighted by Messari, Liquid…

Bored Ape Yacht Club (BAYC) announces the imminent launch of a new facet in their ever-growing ecosystem — a game called HV-MTL Forge, slated for a Season 1 launch on June 29th, and presumably tied to the HV-MTL NFTs. In typical Bored Ape style, we have a lot of hype, but not a lot of detail about their upcoming game called HV-MTL Forge. In fact, beyond the tagline “Build. Flex. Fight. Evolve.”, and a short introduction video that doesn’t really explain anything, we know very little about this game. HV-MTL is another NFT collection in the Bored Ape Yacht Club…

Get ready to ride the crypto wave as we delve into the explosive growth of Uwerx, the groundbreaking Web 3 platform poised to revolutionize the freelance industry. In this article, we will explore the potential for a massive increase in the crypto market, with a focus on Dash (DASH), Cosmos (ATOM), Algorand (ALGO), Solana (SOL), Voyager Token (VGX), and Uwerx. Brace yourself for an exhilarating exploration of these six cryptocurrencies and their projected 100x surge in value in 2023. Top 6 Cryptos to Buy: Experts Forecast a 100x Surge in Price In 2023 1. Dash (DASH): Empowering Everyday Transactions in…

The past 12 months have seen the global digital paradigm evolve tremendously, especially regarding how humans interact with machines. In fact, the space has undergone such a radical transformation that people of all ages are now fast becoming conversant with artificial intelligence (AI) models, most popularly OpenAI’s ChatGPT. The primary driving force behind this revolution has been the advancements made in natural language processing (NLP) and conversational AI. NLP is a subfield of AI that focuses on the interaction between computers and humans using everyday language and speech patterns. The ultimate objective of NLP is to read, decipher, understand and make…

Top global crypto exchange Binance is now officially working on integrating Bitcoin (BTC) deposits and withdrawals via the Lightning Network. The Lightning Network is a layer-2 scaling solution built on top of Bitcoin that aims to enable instant and cost-effective transactions for BTC. Binance first revealed plans to integrate Lightning Network in May after inconveniencing users and temporarily closing BTC withdrawals due to a network congestion issue. After about 90 minutes, withdrawals resumed but were halted again later that day for several hours. Changpeng Zhao, the exchange’s chief executive, attributed the temporary halt in withdrawals to the massive fluctuation in Bitcoin network fees, which…

In the volatile crypto market, the unexpected often becomes the norm. The Pepe Coin, a frog-based meme coin that had been hibernating in the shadows, has suddenly roared back to life. This has not just stirred from its slumber; it has leaped into the spotlight with a remarkable 35% rally in a day. This unexpected surge has ignited a wave of excitement among crypto enthusiasts and awakened investors who had shelved their hopes for a bullish rally. The bullish rally has underscored Pepe Coin’s worth and dominance, proving that every coin holds the potential for a stunning comeback.New Holders Join…

Binance.US, its global counterpart Binance Holdings Limited, and the firm’s CEO Changpeng “CZ” Zhao have accused the U.S. Securities and Exchange Commission (SEC) of deliberately misleading the public through statements it made surrounding a currently unfolding securities lawsuit. The allegation is part of a motion filed by legal representatives of the cryptocurrency exchanges on June 21 in the U.S. District Court for the District of Columbia. “No compelling evidence” The filings argue that the SEC’s assertions made on June 17, as detailed in a press release, were “misleading” and called for the financial watchdog to adhere to the “applicable rules…

The following is a guest post from Nilmini Rubin, Chief of Staff and Head of Global Policy at Hedera.When I testified on the future of digital assets in front of the House Subcommittee on Commodity Markets, Digital Assets, and Rural Development, the discussion addressed the impactful uses of cryptocurrencies and how the lack of US regulatory clarity was thwarting blockchain industry development in the US.The House Financial Services Committee and the Agriculture Committee met jointly in May to work on crypto legislation, and this represents a significant opportunity for the US to re-establish its position as the leader in internet…

Gods Unchained makes a push to draw in more players with a newly announced partnership with Epic Games. This allows Gods Unchained to be distributed on the Epic Games Launcher and potentially exposed to hundreds of millions of new users! Gods Unchained has partnered with Epic Games as a distribution platform. A game distribution and management platform, similar to Steam, Epic boasts over 190 million users! This move not only lowers the barrier to entry a step further (1 click install rather than download, run file, choose installation path), but it also puts Gods Unchained in front of a new,…

Kava layer one blockchain joins other chains – like Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron – that support USDT. The leading United States dollar-pegged stablecoin, Tether (USDT) has found a new channel to mainstream adoption through the Kava network, a layer one (L1) blockchain that was designed with scalability and speed in mind. According to the announcement, Tether USDT will work closely with the Kava blockchain to reshape the future of decentralized finance. Following the announcement, the Kava chain’s native coin, KAVA, jumped more than 10 percent in the past 24 hours to trade around $0.9117 on…