Author: Crypto News Live

So you’ve popped your crypto cherry. Bought some Bitcoin, held them in your own super secret wallet no one else knows about. You’ve got your watchlist bookmarked, your portfolio app slowly tracking your stash as it grows in value. All’s well and fine for years. Until your phone/computer/hardware wallet is gone.  No problem. You’ve got your recovery phrase backed up, just as you were taught to when you first learnt about crypto security. But then it doesn’t work. You enter and re-enter the phrase, word by word, triple checking the spelling and order. But the “next” button on your new…

Polygon zkEVM activity paled compared to StarkNet and zkSync Era. Polygon usage and MATIC market cap remained de-coupled. Polygon [MATIC] has been performing well in the cryptocurrency space, with daily active users on its network staying consistent throughout market cycles. However, its underperformance in the zkSync space could impact the protocol’s future growth. Is your portfolio green? Check out the Polygon Profit Calculator Falling behind Based on Artemis’ data, the transaction volume on Polygon’s zkEVM reached 14,780, indicating lower activity compared to other protocols like StarkNet and zkSync Era. At press time, StarkNet recorded 214,900 daily transactions, while zkSync Era…

Blockchain Solid World takes a step towards financialization of carbon credits on the blockchain with the opening of the first forward carbon assets pool on automated market maker Polygon, the company said today in a press release. In the liquidity pool, projects can essentially pre-sell future carbon credits at a price determined by an automated market maker, said Solid World CEO Stenver Jerkku. A breed of blockchain startups like Solid World looking to provide financial and technical tools to mitigate climate change impacts has grown bigger in the last few months. Enterpreuners hope that blockchain can bring transparency and boost…

NFT One of the pressing issues in education is fake credentials. On May 18, the Washington Post reported that there are about 2,800 people who purchased their credentials without attending the proper classes. They were able to pass the National Council Licensure Examination in the United States. Authorities are now trying to find these people. The rise of fake credentials and teachers being undervalued and underpaid are some of the recurring problems that the education sector continues to face. Cointelegraph went on a mission to see if nonfungible tokens (NFT) can provide a solution to these headaches found in the…

As the exclusive partner for .anime and .manga Web3 domains, Kintsugi Global, Inc. is poised to unite 2.8 billion global anime fans for a more fair, equitable, and inclusive experience for everyone. We’re excited to announce that we’re partnering with Kintsugi, a decentralized community-driven platform that aims to provide a new way for anime fans to engage with their favorite shows and characters, to launch of .anime and .manga Web3 domains. The launch will bring together global anime and manga fans to give them a true voice in the industry. Anime and manga fans will be able to support and fund their…

GameFi On May 22, GameFi project Gala Games announced that it has partnered with Las Vegas poker streaming platform PokerGO to launch a new Web3 social poker game. Dubbed PokerGO Play, users will have the ability to enhance and upgrade their players in addition to redeeming real-world prizes. PokerGO is scheduled for beta testing in June, with the full release being available later this year. In May 2022, PokerGO released its 1,326 Genesis nonfungible tokens (NFT) collection representing all of the possible starting hand combinations in Texas Hold’em. The collection has around 52 Ether (ETH) in cumulative volume traded with…

Seedify, the premier launchpad focused on web3 gaming, NFTs, metaverse, and AI, is gearing up for the highly anticipated launch of its latest incubation project, Orbofi AI. This AI project allows users to create and monetize AI generated content for use in apps, games, and online communities. The IDO for the Orbofi token kicks off on May 25th. AI continues to be a hot topic and a hot commodity. Following up the success of ChainGPT, a previous AI project launched on Seedify’s platform, Seedify bring us an IDO event for Orbofi AI. This cutting-edge initiative marks Seedify’s continued commitment to…

Ethereum, the second-largest cryptocurrency by market capitalization, has played a pivotal role in the blockchain industry, particularly in decentralized applications (dApps) and decentralized finance (DeFi). However, it has long been critiqued for its scalability issues and high transaction fees, opening the door for other blockchain networks to solve these problems. One such blockchain network that has emerged as a serious contender is Solana. Solana, compared to Ethereum, has quickly gained attention in the cryptocurrency market for its high speed, low transaction fees, and scalability. These attributes have allowed it to stand out from Ethereum and other blockchain networks, creating a…

Former Goldman Sachs executive Raoul Pal says that crypto and technology stocks are about to take off on new rallies in the near future. In a new ask-me-anything (AMA) session, the Real Vision founder says that all signals are strongly suggesting that central banks around the world will inevitably be forced to print money, consequently boosting risk assets, most of all the crypto and tech sectors. “All of my forward looking indicators have been suggesting that liquidity is going to keep rising, and that it will drive crypto and tech more than anything else. And that’s basically been the story…

SHIB’s price declined by over 3% in the last seven days.  MFI and CMF were bullish, but the EMA Ribbon continued to support the bears.  Shiba Inu’s [SHIB] layer-2 blockchain Shibarium Beta came into the spotlight by reaching yet another new milestone. Though the achievements marked increased adoption of the beta release, SHIB did not have an apt reaction.  Read Shiba Inu’s [SHIB] Price Prediction 2023-24 Shibarium’s achievement and Shiba Inu’s response  On 21 May, Twitter handle LUCIE showed that Shibarium’s daily transactions witnessed a surge, processing 400,000 daily transactions at press time. This major achievement reflected how Shibarium’s adoption…