Author: Crypto News Live

Tether would regularly allocate up to 15% of its monthly earnings in the purchase of Bitcoin.  Tether’s market share of BTC volumes recovered after taking a hit in 2022. The latest investment strategy by stablecoin issuer Tether [USDT] to purchase Bitcoin [BTC] from its realized profit, was expected to boost the price of the king coin, according to digital asset Manager CoinShares. Coinshares stated that large one-off purchases such as those made by Tether invariably affect the price. However, it was still unclear how much BTC would stand to gain. Tether’s decision to buy and Regulatory Arbitrage are likely to…

The team behind dog-themed meme asset Shiba Inu (SHIB) is unveiling the preorder date for new SHIB-themed cold wallets. In a new announcement, Shiba Inu says that preorders for Tangem’s new SHIB-theme cold wallets will kick off May 29th. “SHIB Army! Tangem is about to unleash SHIB-themed cold wallets! These card-shaped vaults are set to become your new best friend for safeguarding our ecosystem’s tokens. Get ready to fetch your own when pre-orders kick off on 29th May.” Last week, Lucie, a content market specialist for Shiba Inu, announced the collaboration between SHIB and Tangem. At the time, Lucie said…

MakerDAO’s treasury reserves overtook Lido and other protocols. However, Lido continued to outperform MakerDAO in other areas. Over the last few months, MakerDAO lost the top position in terms of TVL to the Lido [LDO] protocol. With the launch of the Shanghai Upgrade and the subsequent rise of interest in staking, Lido has been seeing even more growth. Realistic or not, here’s MKR market cap in BTC’s terms Hidden treasures Despite this, the treasury earnings of MakerDAO surpassed that of Lido. According to DeFi Llama, the overall treasury earnings of MakerDAO, excluding their own tokens, were $70.33 million at press…

Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. From Zara dropping a Spring inspired digital line on Zepeto to a new dreamy metaverse for our ever-growing digital wardrobes built by The Fabricant, here’s what you may have missed this past week.  Zara x Zepeto: Fairy Magic Idols Credit: Zepeto Spanish fast-fashion brand Zara has introduced its latest fashion capsule collection, Fairy Magic Idols, which combines physical and digital aspects. This collection blends fantasy elements with spring-inspired features such as flowers and butterflies, integrating them into modern fashion through…

Blockchain Coinhub, the famous decentralized multi-chain wallet operating within the DeFi sector, has recently disclosed its integration of the EOS-EVM Network. The platform mentioned on its official Twitter channel that the respective integration will be quite beneficial for the consumers facilitated by it.. Coinhub Wallet Announces EOS-EVM Network Integration to Offer Access to the EOS-EVM Ecosystem In a Twitter post, the company noted that the latest integration permits Coinhub consumers to access the EOS-EVM ecosystem. EOS is known as an open-source blockchain forum. It is built on a technology that prefers developer freedom, security, flexibility, and high performance. The EOS…

NFT LooksRare is starting an NFT raffle where users can buy entries for 0.01 ether (ETH) or less. All they need to participate is a crypto wallet and enough ether to cover the entry cost and gas fees, according to the NFT marketplace. Zodd, the pseudonymous co-founder of LooksRare, announced ‘LooksRare Raffles’ in a Tuesday blog post. They said that the top prize every day for this week would be a Bored Ape Yacht Club NFT (BAYC). Though only one BAYC NFT is up for grabs each day, the platform said the prize pool also includes other “blue chip” NFTs.…

By Hassan Ali, Technical Lead, EcommerceFeature flags are a software development technique that allow teams to enable or disable certain features in an application or service without changing code.At Unstoppable Domains, we used an in-house feature flag solution for several years. While it got the job done, we were starting to encounter some limitations and issues that made us consider other options. After some research and testing, we decided to migrate to Launch Darkly, a popular feature flagging service. In this post, we’ll discuss why we made the switch and how we’ve benefited from using Launch Darkly.Our in-house solution for managing…

Illuvium launches round 2 of their Overworld private beta, which brings new zones, new Illuvials, and even new ways to move around the world! This is officially dubbed a private beta, but if you keep an eye on the Illuvium Twitter and Discord accounts, there are plenty of opportunities to win a key. You can also apply for a key here. This is the second major beta release for Illuvium Overworld, the open world RPG game about gathering resources, crafting items, and capturing Illuvials. More About the Beta This beta brings a major expansion to the world, with two new…

Source: isa_ozdere / iStock/Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Investment newsRipple announced today that it acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology, for $250 million. Ripple will become the sole shareholder of Metaco, which will continue to operate as an independent brand and business unit led by Founder and CEO Adrien Treccani, said the press release. It added that, through this acquisition, Ripple will expand its enterprise offerings, while Metaco will “dramatically accelerate” its growth trajectory.Starting this month, Tether will…

Input Output Global (IOG) advances Cardano’s tech with substantial enhancements, reflecting the platform’s consistent progress. In the latest developments from the world of Cardano, IOG, the driving force behind Cardano’s R&D, has announced significant improvements to the platform in its latest weekly development report. In the core technology arena, IOG’s networking team worked on optimizing the process of switching between root and ledger peers. They enhanced the handshake protocol, automated the process of releasing new packages to CHaP, and improved other vital areas. Furthermore, they collaborated with the research and networking teams to refine the Ouroboros Genesis design. The report…