Author: Crypto News Live

NFT NFTs belonging to the bankrupt crypto hedge fund Three Arrows Capital (3AC) have been sold by Sotheby’s in New York. In an auction on Friday, the first lot of 3AC NFTs sold for a total of over 2,482,850 USD. The funds will be used to help repay the company’s creditors. Cryptopunks and BAYC NFTs Among Three Arrows Collection Prior to filing for bankruptcy in July 2022, 3AC had amassed an impressive collection of NFTs. In February, the insolvent fund’s liquidator, Teneo, published a full list of the non-fungible tokens that it intends to sell. Items the fund held include…

TL;DRYesterday, The Solana Foundation launched a plugin for ChatGPT to allow you to interact with the Solana network, directly from ChatGPT.We’ve said it before and we’ll say it again, the rise of ChatGPT and similar LLM’s doesn’t mean people should ‘break up’ with Web3 and move into AI; instead, it opens up new, exciting opportunities for Web3.Full StoryBack before computers are what they are today, in order to interact with them, you basically needed to write code.(Check out this video of a person making calculations on an Apple II in the 80’s).You still can write commands, but the standard interface…

In the past two months, the cryptocurrency market has witnessed the rise of meme coins, marking the beginning of a new era characterized by low liquidity. Prominent digital assets have experienced a total liquidation of approximately $55 million, with Bitcoin and Ethereum leading the pack at $15.54 million and $14.77 million respectively. Consequently, the rest of the altcoin market reported around $25 million in liquidation, highlighting a significant decline in cryptocurrency traders.Declining Trading Volume and Bitcoin’s Support LevelSimultaneously, the decline in cryptocurrency trading volume aligns with the Bitcoin price drop below the crucial support level of $27.5k. The Bitcoin bulls…

BTC’s price was close to BTC’s 1 million to 3 million realized price – UTXO Age Bands. The king coin increased by 1.7% in the last 24 hours and was trading at $27,331.54, at press time. Bitcoin’s [BTC] price has followed a sideways path for quite some time as its volatility remained low. This stirred fear among many investors, as they expected BTC to continue its Q1 performance in Q2. However, CryptoQuant’s recent analysis pointed out quite a few factors that hinted a price uptick could be in the making. So the most pertinent question here is- Can BTC now…

The Alpha: The Professional Bowlers Association (PBA) is stepping into the NFT space by launching PBA League Bowler Certification (LBC) Awards as digital assets. The program, built on the Avalanche Network, will offer rewards and features such as blockchain-backed bowler certification. Dive deeper PBA LBC Awards are here ‼️All active PBA LBC members with a LeaguePals account can now earn digital awards for their milestones achieved on the lanes, which can be viewed and shared on social media through a new digital marketplace 🏆Learn more ➡️ https://t.co/W2t2K4ohVI pic.twitter.com/jH4lFDDAhG— Sean Rash (@Sean_Rash) May 22, 2023 This move by PBA underscores its…

Blockchain Light V3, the zkLayer is now live on Solana. Private Solana Programs (PSP) is made ready to get started. The Light Protocol team finally enabled the Light V3, the first ever zero-knowledge Layer (zkLayer) on Solana, the blockchain platform. It is referred to as PSP (Private Solana Programs). Today, the launch has taken place after several months of building the next generation of Light Protocol. This supports the developers to build anything with the help of the Solano blockchain. For example, faster and more effective private payments, booking orders with encryption, and public on-chain games with the private state.…

3. The rise of NFTs in gaming and the metaverse: From CryptoPunks to Axie Infinity Ethereum introducing a set of token standards facilitated the steady movement of NFTs toward the blockchain. The token standard informs developers how to deploy new tokens. The success of the Rare Pepes was followed by Larva Labs, a software development company that launched CryptoPunks, its own generative series of NFTs, created by John Watkinson and Matt Hall. Inspired by London punk culture, the project has 10,000 unique pieces, with no two characters resembling each other. CryptoPunks became a huge success and was the foundation of…

The Professional Fighters League (PFL), a leading MMA organization, has joined forces with CrossTower, a global Web3 technology company, to introduce a groundbreaking partnership. The collaboration aims to provide PFL fans with unique and exclusive NFT VIP experiences through the XRP Ledger blockchain.Limited NFT VIP TicketsPFL and CrossTower are set to release a limited number of NFT VIP tickets in conjunction with the upcoming PFL Regular Season event on June 23rd at Atlanta’s OTE Arena.These tickets grant buyers access to unprecedented VIP experiences, including SmartCage-side seating, a special weigh-in event, fighter meet-and-greets, VIP entrance and hospitality, exclusive behind-the-scenes content, and…

Gala Games, a prominent blockchain gaming studio, has partnered with the poker streaming network PokerGO to create a pioneering Web3 social poker game called PokerGO Play.Scheduled for beta testing in June 2023, this innovative game aims to revolutionize the online poker landscape by integrating web3 technology and social elements.A Fusion of Web3 and PokerGOGala Games and PokerGO have combined their expertise to develop PokerGO Play, a cutting-edge product that merges high-end web3 components with the established platform of PokerGO. This unique blend promises a one-of-a-kind social gaming experience for poker enthusiasts worldwide, offering a seamless integration of web3 technology and…

Bitcoin might already have started its next bull run according to address activity. Short-term sell pressure still a function of the run-up as evidenced by profit-taking in the near term. Bitcoin’s [BTC] stagnating performance combined with the previous failed attempts to push beyond the $30,000 level. This performance has led to a drop in confidence but investors should consider one key factor that may favor the bulls in the long term. Is your portfolio green? Check out the Bitcoin Profit Calculator A recent CryptoQuant analysis suggested that Bitcoin might be in the early stages of the next bull market. This…