Author: Crypto News Live
TL;DRThe hardware wallet maker, Ledger, just announced ‘Ledger Recover,’ a $9.99 p/m subscription service, and folks are MAD about its potential security flaws.Essentially, Ledger takes your password (aka ‘seed phrase’), and stores a backup of it for you, so if you lose your password – you can still access your crypto.But the service requires you to provide ID, and the fear is: if someone can steal/acquire your ID, they can gain access to your crypto. Which is a valid concern! BUT! You don’t have to subscribe to the Ledger Recover service – Ledger devices work just fine without it. Doing…
Unwavering Bitcoin shrimps amass record-breaking volumes, defying market trends. Active addresses surge as BTC stabilizes around the $28,000 range. According to a 28 May chart by Glassnode, a fascinating trend has emerged among Bitcoin [BTC] shrimps. These individuals have displayed an unwavering commitment to accumulating BTC, regardless of the asset’s price fluctuations. As per the chart, there was a remarkable increase in shrimp holdings – over 24,600 BTC. Surprisingly, only 4.3% trading days (224 out of 5,226) saw a greater expansion in holdings. Source: Glassnode As of this writing, shrimps held a significant supply of approximately 1.3 million BTC, marking…
Despite several macro challenges, Ethereum (ETH) has been displaying continuous upward momentum and a potential of reaching the $2K mark. However, recent market trends have seen Ethereum face a strong rejection above the $1.9K mark, causing ripples among long-term holders and traders. The rejection at $1.9K was not entirely unexpected. The crypto market has been in a state of flux, with Bitcoin, the market leader, also experiencing similar price resistance.Whales’ Profit Taking Sentiment Causes Selling PressureOne significant element contributing to the selling pressure on Ethereum is the profit-taking sentiment among Ethereum whales.A prominent Ethereum holder transferred a substantial sum of…
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s becoming increasingly difficult to keep up with all the news, launches, and general happenings. Well, you can put the days of endless Twitter and Discord scrolling behind you as we pull together a weekly list of upcoming NFT drops you definitely don’t want to miss.…
Business workflows are the backbone of any functioning enterprise. These are a series of tasks that are completed in a specific sequence to achieve a business goal. From approving a leave request to processing an invoice, blockchain in business workflows is integral to the smooth functioning of an organization. They are the invisible threads that weave together people, processes, and technology. Imagine a world where these workflows, powered by blockchain technology, operate with increased efficiency, autonomy, and trust. No more payment barriers hampering global business, no more falsified transactions disrupting audits. Instead, envision a world of seamless transactions, real-time tracking…
The rise of non-fungible tokens (NFTs) has revolutionized the digital art and collectibles landscape, opening up new avenues for creators and collectors alike. Within this burgeoning market, the OBJKT Marketplace has emerged as a leading platform, harnessing the power of the Tezos blockchain to provide a dynamic ecosystem for buying, selling, and trading digital assets. But what exactly is the OBJKT Marketplace, and why is it essential in the NFT revolution? This article delves into the world of the OBJKT Marketplace, exploring its features, benefits, and impact on artists, collectors, and the broader blockchain ecosystem. We will unravel the fundamental…
A fractional NFT is obtained by splitting a single NFT asset into smaller pieces. Fractionalization allows partial ownership of an NFT. In this way, investors who don’t have the means to buy the total asset can receive a share of it. The process works akin to purchasing shares of blue-chip stocks. That’s why applications of fractional NFTs make sense, especially in the case of high-value assets like real estate, fine art, luxury goods, and all sorts of rare items. How to create fractional NFTs? We can create fractional NFTs on any blockchain capable of running smart contracts and deploying nonfungible token formats. Ethereum is…
ETH bulls are in control but it might not be enough to support a strong breakout. The demand for derivatives seemed to be gradually recovering. Ethereum [ETH] is off to a promising start this week after delivering a bullish performance for four consecutive days. While this may usher in some excitement related to weekend accumulation, there are a few things that investors should consider before going all in. Is your portfolio green? Check out the Ethereum Profit Calculator ETH’s bullish performance in the last four days marks the first time that the price has favored a particular direction for over…
GameFi Many traditional or “Web2” video game studios around the world are developing new games that leverage blockchain networks, cryptocurrency, and NFTs. Some of the game industry’s largest studios globally are exploring Web3, with appetites spanning across genres and platforms—from PC shooters to mobile games and multiplayer metaverse worlds. And a majority of the game publishers on this list are headquartered in Asia, with just one based in the United States and one in Europe—a dominance that echoes DappRadar’s prediction that Asia could rule the Web3 gaming space. Square Enix Japanese video game studio Square Enix—maker of the Final Fantasy…
Eternal Dragons adds new play and earn opportunities to their alpha with weekly PvE Quests and a Daily PvP leaderboard. Players can play and earn USDC, Eternium tokens, and even Dragon Eggs! Play and earn takes a more prominent seat in the land of Eternal Dragons with the introduction of weekly leaderboards for PvE Quests, and daily leaderboards for those engaging in PvP combat! Eternal Dragons is now running a weekly PvE quest event with rewards for the top 100 players. Each quest offers a specific arena challenge, leaving it up to the players to figure out how to progress…
