Author: Crypto News Live
The Alpha: Today, June 1, Nike Virtual Studios and EA Sports announced a partnership that will bring select dotSwoosh digital collectibles to future gaming titles. While the announcement didn’t mention specific games, EA Sports is renowned for its FIFA and Madden NFL series. The collaboration heralds innovative ways for members of dotSwoosh — Nike’s Web3 platform — and the expansive EA Sports fandom to manifest their distinctive flair through virtual play. Dive deeper This fresh association between Nike and EA Sports will afford members and players unparalleled opportunities for artistic self-expression and creativity, intertwining style and sport in new, exciting…
Blockchain The Search for Extraterrestrial Intelligence Institute, or SETI, has recently partnered with Filecoin, a decentralized data storage marketplace, to store a simulated alien message from Mars. The project, A Sign in Space, was a performance designed to simulate transmitting an extraterrestrial encoded message to Earth using the European Space Agency’s ExoMars Trace Gas Orbiter that is currently orbiting Mars. This performance was designed with the intention of involving communities interested in decoding and interpreting the message, bridging different cultures and areas of expertise. In a live broadcast, Daniela de Paulis, the founder and artistic director of A Sign in…
NFT This article was first published on Dr. Craig Wright’s blog, and we republished with permission from the author. The concept of a non-fungible token (NFT) has been used to create items associated with speculation and money laundering (Wilson et al., 2022). Yet, as I hope to demonstrate in this post, the same technology can significantly simplify the deployment of many existing applications, including in accounting and trade. In today’s example, we will go through some of the steps of creating a bill of lading (BoL) that links the identities of corporations to a series of invoices and uses NFTs…
We’re elated to share that Phantom, the leading Solana wallet, has integrated Unstoppable Domains, marking the 170th wallet to support Unstoppable digital identities. This integration extends the Unstoppable ecosystem, providing more than 3 million Phantom users with the ability to leverage their digital identities for sending and receiving crypto and NFTs. Phantom, renowned for its user-friendly experience and robust NFT capabilities, makes managing digital assets a breeze. As the leading Solana wallet that now supports Ethereum and Polygon, Phantom has seen massive growth by focusing on being the easiest-to-use and most NFT friendly wallet on the market. By integrating Unstoppable…
GameFi If you’re playing the first-person shooter game Ev.io, then you might notice something new among the enemy-packed corridors: collectibles featuring the logo of Solana’s BONK meme token. And it’s not just decor: Picking it up will earn you millions of BONK tokens—but only if you have a certain NFT-based player skin equipped. Ev.io, a competitive web-based shooter that recalls past hits like Halo and Quake, launched the in-game BONK event late Wednesday. As a teaser video shows, a player spots the floating BONK orb and picks it up, and then sees a bounty of 8 million BONK tokens added…
The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” artificial intelligence tools should be banned.Other regions, including the United States, the European Union and China, have also launched measures to understand and potentially mitigate risks associated with rapid AI development in recent months.On June 1, Industry and Science Minister Ed Husic announced the release of two papers — a discussion paper on “Safe and Responsible AI in Australia” and a report on generative AI from the National Science and Technology Council.The papers came alongside a consultation that will run until July 26.The…
Buckle up for Cronos [CRO], Crypto.com’s native token, as Q2 climaxes with a thrilling twist. Once a darling of the top 100 ETH Whales in Q1, CRO has been dumped for other altcoins in Q2. So, evaluating Cronos’ price prediction is crucial. At the peak of Q1’s bullish momentum, CRO was among the top-10 tokens held by the top 100 ETH Whales. However, according to Whale Stats, interest dropped in Q2, with CRO ranked no. 36 among the top ETH Whale holdings as of press time. With this sharp U-turn among ETH whales, how do the Q2 2023 odds stick…
Blockchain Knowledgeable crypto enthusiasts — most of them, anyway — would generally agree that the Bitcoin network, thanks to its highly competitive and tamper-resistant proof of work blockchain design, is the most secure decentralized blockchain network in the world. And for many, the competition isn’t even close. According to its strongest loyalists, sometimes referred to as bitcoin “maximalists,” all other protocols are nothing more than inferior knock-offs that will inevitably fall into irrelevance, given enough time. While Mark Yusko, founder of Morgan Creek Capital doesn’t consider himself a maxi, he does contend that the next closest competitor is, at the…
NFT While Ethereum remains the dominant NFT platform in terms of trading volume and overall value, Bitcoin has undoubtedly swallowed up much of the buzz in the NFT space via the recent rise of the Ordinals protocol. And for Ethereum NFT holders who’d rather be on Bitcoin, there’s now a migration solution—but it’s a one-way trip. Bitcoin Miladys, an NFT project that offers derivatives of the Ethereum-based Milady Maker profile picture (PFP) project, launched a bridge in partnership with marketplace Ordinals Market and the Xverse Bitcoin wallet. The BRC-721E token standard, as it’s called, enables the bridge to migrate artwork…
Ethereum’s price showed a potential decoupling from DeFi tokens. TVL metric, however, showed the contribution of DeFi to the TVL of Ethereum. Ethereum [ETH] rose to fame by introducing an innovative concept called smart contracts, which revolutionized the world of decentralized finance (DeFi). However, according to recent reports, the price of ETH, Ethereum’s native cryptocurrency, has been gaining ground on the established tokens of DeFi’s leading projects. This development indicates a potential decoupling between Ethereum and these blue-chip tokens. Ethereum price decouples from DeFi tokens According to recent Glassnode data, a notable divergence in price trends between Ethereum’s DeFi tokens and…
