Author: Crypto News Live
Marlowe, a domain-specific language (DSL) designed for the Cardano (ADA) blockchain, is set to revolutionize the creation and execution of smart contracts. This high-level language, designed to be user-friendly and approachable, is aimed at making financial contracts and agreements accessible to individuals, regardless of their programming background. Earlier today, IOG announced that Marlowe had been launched on the Cardano mainnet for early adopters to test and provide feedback. This significant development is expected to provide a safe and intuitive way to create and deploy smart contracts on Cardano. Marlowe’s unique features set it apart. It has undergone rigorous internal and…
The past several years have seen artificial intelligence (AI) emerge as a global transformative force possessing the power to revolutionize several industries. From autonomous vehicles to smart home devices, AI-driven solutions have permeated various aspects of our lives, promising increased efficiency and convenience. However, alongside these advancements, the environmental impact of AI has also come under scrutiny. For example, the massive computational power required to train and deploy AI models, and the growing energy demands of data centers have raised concerns about its sustainability and carbon footprint.The ongoing proliferation of AI has led to a surge in energy consumption, contributing to…
Summary: Tether plans to tap into Uruguay’s renewable energy ecosystem and mine Bitcoin (BTC), crypto’s largest token by market cap.The digital payment company is looking to diversify its operations after solidifying USDT’s position as the top stablecoin with an 83 billion token supply.Tether recently started buying Bitcoin with 15% of net realized profits and holds over $1.5 billion in BTC. Tether, the company that issues crypto’s largest stablecoin USDT, announced plans to mine Bitcoin (BTC) in Uruguay using renewable and sustainable energy. The Company’s CTO Paolo Ardoino said the Bitcoin mining operation in the South American region will combine “cutting-edge…
Minswap, a decentralized exchange (DEX), has experienced a significant surge in recent days, potentially influenced by traders seeking profit opportunities within the meme coin market. Notably, the trading volume on this popular Cardano-based DEX has seen a substantial increase, rising from $1 million at the start of May to over $18 million as of Tuesday.According to TVL rankings from DefiLlama, Minswap currently boasts a total value locked (TVL) of $175.74 million, reflecting its dominant position with over 37% of the market share.Minswap’s volume surge can be attributed to the meme coin trade surgeThe increased transaction volumes on Minswap can be…
The Metaverse is primed to transform the education sector dramatically. As per a report from MarketsandMarkets, the Metaverse’s footprint in education is expected to leap from $3.9 billion in 2023 to a staggering $19.3 billion by 2028.This shows a hefty annual growth rate of 37.7% during this period. This rapid expansion signifies the Metaverse’s potential to redefine how teaching and learning processes function, turning them into dynamic and interactive experiences. As we get closer to Metaverse education, let’s explore the factors driving this growth and the new learning opportunities it offers.The AR Advantage in EducationAugmented Reality (AR) is leading the…
Over a year has passed since Moonbirds first exploded onto the NFT scene in April 2022. Just days after its launch, the project had already achieved upwards of 100,000 ETH (around $300 million) in secondary sales volume. And in under a week, Moonbirds entered into the top 10 highest-grossing NFT collections. As of May 2023, though, the floor price for a Moonbird NFT stands at 2.04 ETH. This development invites an insightful discussion about the successes, the setbacks, and all the nuanced details in between for this intriguing NFT project. What are Moonbirds NFTs? Moonbirds is a collection of 10,000 NFTs…
Blockchain Switzerland is unanimously considered a pioneering nation in the cryptocurrency sector. As early as 2013, the first startups intended to focus their business on crypto were incorporated in Switzerland. At that time, there was no legislation to ensure working in full legal certainty, as digital currencies were still totally unknown, not only to the masses, but also to insiders. The federal government immediately positioned itself as an extremely innovative location and took a business-friendly approach to Crypto startups eager to establish themselves in the Alpine nation. The Swiss authorities issued the first banking licenses for crypto-banks back in 2015.…
NFT Starbucks is preparing an NFT airdrop for members of its Odyssey rewards program as part of the company’s foray into Web3. Users will have to meet specific criteria to be eligible to receive a so-called “limited-edition stamp” from the coffeehouse giant, Starbucks told Odyssey members in an email obtained by Blockworks. First, the airdrop is only available for US residents. Second, each participant must be a Starbucks rewards member, and enrolled in Starbucks Odyssey, the company’s waitlisted Web3 rewards platform. The program launched in beta back in September 2022, and remains available only to a select number of individuals.…
For fans of Formula 1, the Monaco Grand Prix was more than just a race this past weekend. Platinium Group, a prime ticket provider for the prestigious racing event, added a bit of blockchain flavor to the grand affair by releasing Formula 1 NFT race tickets.This initiative came to fruition with the assistance of Elemint, a blockchain infrastructure company, and Bary, a Web3 agency. Their joint efforts paved the way for creating, minting, and selling these unique NFT tickets.The tickets were minted on the Ethereum sidechain Polygon. While these digital tokens granted entry to the electrifying race, their utility didn’t…
GameFi Decentralized cryptocurrency exchange (DEX) PancakeSwap has launched a Play-to-Earn program (“play and earn”), under which users will have access to a crypto game called Pancake Protectors. According to the official statement, players will be able to receive unique non-fungible tokens (NFTs) and rewards in the native CAKE token. The game supports the implementation of third-party NFTs: each player can integrate their own BAYC, MAYC or other NFT as an avatar image. The technical design of the game is based on the GameFi PvP protocol known as Mobox. Owners of CAKE tokens get the opportunity to have unit heroes that…
