Author: Crypto News Live
Worlds Beyond prepares to have their first alpha launch, showcasing two multiplayer games, Last Stand and Fun Runners, bringing the first play and earn opportunity to their virtual worlds ecosystem! The alpha playtest for Worlds Beyond launches on June 7th. These games will be open to everyone and available for download via the Worlds Beyond launcher at https://worldsbeyondnft.com/. Players can even earn Infinity Credits by participating! These Credits can be redeemed for Loot Chests, Mining Keys for WBITS, NFTs, and more! Last Stand is a battle royal game, while Fun Runners is a racing, Fall Guys style game. Both of…
Officials in the European Union have discussed additional measures that would make artificial intelligence (AI) tools, such as OpenAI’s ChatGPT, more transparent to the public.On June 5, Vera Jourova, the European Commission’s vice president for values and transparency, told the media that companies deploying generative AI tools with the “potential to generate disinformation” should place labels on their content as an effort to combat “fake news.”“Signatories who have services with a potential to disseminate AI generated disinformation should, in turn, put in place technology to recognize such content and clearly label this to users.”Jourova also referenced companies that integrate generative AI…
The new upgrade would make ‘cursed Inscriptions’ blessed and tradable. The increase in the Inscriptions count has been mild. Bitcoin [BTC] Ordinals developers implemented the “first steps” in addressing the challenges associated with ‘cursed Inscriptions’ on the network. The name cursed Inscriptions refers to the unrecognized assets incorrectly created due to the misuse of opcodes to inscribe assets on satoshis. A fix could be underway According to the version 0.6.0 upgrade, the rollout would ensure the authentication of a Bitcoin username and password. In addition, the upgrade would allow zero-sat transactions to be unbonded from Inscriptions. In April, Ordinals creator…
Bloomberg Intelligence’s senior macro strategist Mike McGlone says that the second half of the year could be bearish for Bitcoin (BTC) and the rest of the crypto markets. McGlone says that risk assets, such as stocks and crypto, could get cheap in the coming months as he believes that an economic recession is on the horizon. According to the macro strategist, the Federal Reserve is still on the path of increasing interest rates, which he notes could negatively impact the performance of Bitcoin and other crypto assets. “Risk assets can get cheap in recessions. The cat-and-mouse game between the rallying…
Over the past few weeks, Ripple’s XRP has been on the rise, showing signs of recovery from a significant support level. However, for the market to transition into a bullish phase in the coming months, it is crucial for a key resistance level to be surpassed.All eyes are currently on the release of the Hinman emails, expected to be a game-changer. The question remains whether this event will follow the “buy the rumor, sell the news” pattern or if it will trigger a different market reaction. Analyst Cheeky Crypto took a closer look at the recent developments in the XRP…
In a major development, the U.S. Securities and Exchange Commission (SEC) has lodged a comprehensive lawsuit against Binance, the world’s largest cryptocurrency exchange. The lawsuit, which details 13 separate charges, was filed in federal court on Monday, June 5, and accuses Binance of mismanagement of customer funds and deception towards regulators and investors about its operations. According to the SEC, Binance has been accused of intermingling customer funds amounting to billions of dollars and covertly transferring them to a distinct company, Merit Peak Limited. This company is reportedly under the control of Binance’s founder, Changpeng Zhao, who is widely known…
ZKML is a research and development subject that has lately made waves in cryptography circles. But what exactly is it, and why is it helpful? Let’s learn about this topic with Coincu in this article. What is zero-knowledge? A zero-knowledge (ZK) proof is a cryptographic process in which one party, the prover, may demonstrate to another, the verifier, that a particular statement is true without exposing any extra information other than the fact that the statement is true. It is a field of study that has made significant development on a variety of fronts, from research to protocol implementations and…
NFT This week, Sotheby’s announced the next sale of rare NFTs from bankrupt 3AC’s coveted collection seized by liquidators in July 2022. The highlight of this sale is Dmitri Cherniak’s “The Goose,” which is expected to fetch a golden sum. Meanwhile, Mercedes Benz has released a new NFT collection inspired by its luxury cars in motion and Nike is bringing its digital drip to the EA Sports gaming ecosystem. This Week’s Alpha Golden goose: Sotheby’s is set to auction off another round of prized NFTs seized from bankrupt crypto hedge fund Three Arrows Capital on June 15. The second sale…
TL;DRPseudonymous conceptual artist OONA took a hardware wallet with an undisclosed amount of Bitcoin on it, bake it into a loaf of bread, then sold it at auction for 0.5 BTCWhy? Idk, it’s art ¯\_(ツ)_/¯Full StoryIf we were to ask you to fundamentally investigate the ways in which Bitcoin technology is more progressive than the people that use it…How would you go about it?A) Write a research paper? B) Dust off Powerpoint and build us a slideshow?OrC) Take a hardware wallet with an undisclosed amount of Bitcoin on it, bake it into a loaf of bread, then sell it at…
Memecoins and MEV bot activity affected Ethereum’s gas usage. Rise in NFT trades, increased selling pressure on ETH holders, and shifting trader behavior observed. Ethereum’s [ETH] historically high gas prices have often deterred users from using the network, leading them to explore alternative protocols. However, the recent decline in gas usage could have positive implications for both Ethereum and ETH in the future. Ethereum is gassed up According to Dune Analytics, Ethereum’s daily average gas reached its lowest point in the past two months. As of 3 June, the average gas stood at 24gwei, with the press time gas at…
