Author: Crypto News Live

NFT Non-fungible tokens (NFTs) are set to expand well beyond the digital collectibles and art pieces that they are today, according to one industry insider. Speaking in a recent podcast interview with TechCrunch, Gary Vaynerchuk (also known as Gary Vee), the entrepreneur behind the media company VaynerX and NFT collection VeeFriends, said that NFTs have a much broader purpose than simply being collectibles, According to Vaynerchuk, the real-life utility potential of NFTs is perhaps the main thing NFT artists should take more seriously when they develop projects. As an example, Vaynerchuk said he believes NFTs will find greater growth in…

On June 8th, Ascenders plans to open up a City Simulation playtest for holders of their land plot NFTs. This will be an alpha test running on the Arbitrum test network. Ascenders held their land sale just last month, though it was a bit of a dissapointing turnout, with less than half of the available plots purchased. But the Ascenders team is still moving forward, releasing an alpha playtest for Ascenders Simulation, a base building game in which these land NFTs will play a vital part! This playtest doesn’t offer any immediate rewards. And all of the player progress will…

Former FTX CEO Sam Bankman-Fried claims prosecutors have missed discovery deadlines for key pieces of evidence required in the defense of a raft of fraud charges.On June 5, Bankman-Fried’s lawyers told United States District Judge Lewis A. Kaplan in a letter that the government had not turned over all of the contents of five electronic devices that were due for discovery by the end of March.A laptop and iPhone belonging to former Alameda Research CEO Caroline Ellison and a laptop belonging to FTX co-founder Gary Wang were among the devices.According to the letter from Bankman-Fried’s attorneys:“As the trial date is now…

A widely followed crypto analyst is issuing a warning that the Bitcoin (BTC) top for 2023 is likely already in. In a new video update, prominent crypto strategist Benjamin Cowen tells his 783,000 YouTube subscribers that Bitcoin’s price action in 2023 may be mirroring 2019 when it declined in the second half of the year. “There’s a high probability that the local highs are in, or even the yearly high could be in for this year. And if it’s not the yearly high, I would expect the yearly high would only be a few thousand dollars higher.” Bitcoin’s recent high…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Shiba Inu [SHIB] sustained over 5% losses on Monday, 5 June, dropping to its December lows. The plunge followed Bitcoin’s [BTC] sharp drop from $26k to $25k amidst a Binance lawsuit that unnerved the crypto market.  Despite the Crypto Fear and Greed index firmly on the “Fear” position at press time, current price levels weren’t a decisive buying opportunity with a weak BTC. How much are 1,10,100 SHIBs worth today?  Besides, a more downside move couldn’t be overruled, especially…

Well, Apple went and did the thing. After years of rumors, speculation, and expectation, the company finally unveiled its first new product category since 2014’s Apple Watch with the announcement of the Apple Vision Pro. The AR and VR headset, which is currently priced at a steep $3,500 and has a tentative launch date of early 2024, is Apple’s first major swing at making the idea of spatial computing a reality. During the 2023 Worldwide Developers Conference on June 5, Apple finally took the wraps off the eagerly anticipated mixed-reality headset, and the Web3 community certainly didn’t fail to notice…

TL;DROn Monday, the U.S. Securities and Exchange Commission (SEC) sued Binance and it’s CEO, CZ on allegations of violating federal securities laws.This case arises from Defendants’ blatant disregard of the federal securities laws and the investor and market protections these laws provide.This isn’t the first, and it certainly won’t be the last attack on the crypto industry by the SEC. Here’s hoping it doesn’t slow innovation, or remove the opportunities for crypto in the US entirely.Full StoryUh-oh…The SEC are back at it – this time, targeting Binance.On Monday, the U.S. Securities and Exchange Commission (SEC) sued Binance and it’s CEO,…

Blockchain The Ethereum blockchain explorer Etherscan has rolled out a new advanced filtering feature that expands the tool kit available for reading on-chain data. The new feature, in beta, makes it easier to search for specific information directly on the data analytics platform, without needing to run specialized queries in analytics dashboards such as Dune Analytics, which require knowledge of SQL. Etherscan serves as a powerful microscope for the blockchain that empowers researchers to uncover valuable insights into transaction histories. It has been operating since 2015 as a free and open-source project “with the mission of providing equitable access to…

The entire quantity of NFTs is 20,000, and the sale will begin on June 12 for a duration of three days. 🚀We’re thrilled to announce a groundbreaking collaboration between @illuviumio and @GameStopNFT for Promo D1SKs sale! Check out the details in the link below! 🎮🌌 https://t.co/KQoluDLhWZ pic.twitter.com/TJAsZx8aDG — Illuvium (@illuviumio) June 5, 2023 Illuvitars are unique and dynamic collectable works of art that reflect a particular avatar of an Illuvial with a distinct expression. Each Illuvitar has a power rating based on its rarity, which helps you climb the scoreboard. Each GameStop x Illuvitar D1SK comes with a one-of-a-kind GameStop-branded…

Fractal, a gaming-centric Web3 startup and NFT marketplace, has introduced Fractal Studio (FStudio), a comprehensive product designed to assist video game developers in seamlessly integrating crypto functionalities into their games without coding. The FStudio platform consists of three key components: building, acquiring, and monetizing games.According to a statement from Fractal, developers using FStudio will have the ability to transform in-game assets into NFTs, facilitate credit card payments for in-game crypto items, and create personalized in-game NFT shops. This suite of features empowers developers to unlock new possibilities for their games and tap into the growing market for blockchain-based gaming experiences.Furthermore,…