Author: Crypto News Live
NFT MechaFightClub, an NFT game from Irreverent Labs on Solana, is halting development indefinitely because its makers believe that crypto’s future in the United States is too uncertain right now amid regulatory challenges. “We don’t see a clear path forward to launch the economy from the U.S.,” Irreverent Labs CEO and co-founder Rahul Sood told Decrypt of the decision to cease development. “Moving it to other jurisdictions would require much of the senior team to move out of the USA for a period of time,” he added. It’s time for Sol 4 Cocks: we’re repurchasing your Mechabots and putting MFC…
The Supreme People’s Procuratorate of China has recently brought to light concerns regarding the burgeoning NFT market. Yet, even amid the apprehensions, the potential of NFTs to enhance the country’s digital economy and blockchain technologies has been acknowledged.Risks and Potential in China’s NFT MarketThe Chinese NFT market, still in its infancy, grapples with a lack of industry standards and government regulation, as observed by the commentary in the Procuratorate Daily. This absence of regulatory oversight, paired with the novelty of the market, results in multiple financial and social risks, including price manipulation, scams, and illegal fundraising, among others.Public prosecutor Wang…
GameFi The developers behind the game have promised to burn Terra Classic (LUNC) with 70% of the tokens it receives for selling GLS, its native asset. The developers behind Meta Gloria, an upcoming play-to-earn (P2E) game building on Terra Classic, recently provided a major update on the game development progress. The project promises to burn LUNC tokens and will be launched as a role-playing game (RPG). In the latest update, the developers disclosed that they have already finished 90% of the work towards building the game. They specifically mentioned adding PVE (Player versus Environment) content outside the simulated city in…
Life Beyond released a recent blog post outlining their plans for the game economy, including tokenomics, and how they plan to bring in players who don’t have, and perhaps don’t even want, any blockchain experience. The Life Beyond economy rests on three principles — gaming activity on a side-chain, a custodial wallet for frictionless, in-game, transactions, and a dual-currency system. Like many other web3 projects these days, Life Beyond is building with an eye towards making their game frictionless to play, and bringing in new players from the web2 world. Part of effort includes offering a gaming experience that has…
After failing to continue upwards and getting stopped at $27,500, bitcoin has retraced once again and slipped below $27,000. The altcoins are also slightly in the red today, with ETH close to breaking below $1,800 and BNB down to $310. XRP is the only exception with a notable price jump. Bitcoin Down Below $27K Last week’s volatility culminated with a price drop for bitcoin to a two-month low of $25,800 on Friday. That came just a few days after the asset had jumped above $28,000 after the US CPI numbers for April came out. However, the weekend was a lot…
WordPress is a widely used content management system (CMS), powering millions of websites around the world. It is a well-liked solution for consumers, companies and developers due to its user-friendly interface, rich customization options and robust plugin ecosystem. Users can manage websites, add functionality through plugins, customize themes, and improve their site’s speed and search engine optimization by learning WordPress. With the aid of ChatGPT, users can investigate several WordPress features, get advice, and gain knowledge to improve their comprehension and competency with the CMS.To use ChatGPT to learn WordPress effectively, users can follow these steps:Start with basic WordPress knowledgeFamiliarize…
Bloomberg Intelligence’s senior commodities analyst Mike McGlone believes that risk assets will be worse off if the US defaults on its debt. McGlone says in a new Wolf of All Streets roundtable discussion that he is bearish on crypto assets and stocks while bullish on gold amid negotiations to raise the US debt ceiling before the June 1st deadline. “The thing I’m concerned about is the statements I was listening to when doing my research this weekend and you hear the Treasury Secretary [Janet] Yellen saying the word ‘default’… It keeps me very bullish on things like gold, very, very…
Litecoin (LTC), often called the “silver” to Bitcoin’s “gold” in the crypto world, is getting ready for an interesting period ahead. A well-known crypto trader named Pentoshi recently made an intriguing prediction about the future of this digital currency.Pentoshi sets the target of $138 for LitecoinPentoshi believes that something similar to past events could happen in the next eight to ten weeks. According to a graph, Litecoin’s price may rise to $138 and then drop back to $92. At the heart of Pentoshi’s analysis lies the upcoming Litecoin halving, a significant event that has historically caused notable market activity. However, Pentoshi…
The pantheon of pseudonymous NFT collectors features no shortage of enigmatic characters, but few enjoy the crypto-native cult following of Vincent Van Dough. Regarded as a major proponent of the digital art ecosystem, the 2023 NFT100 honoree is well known for his NFT spending sprees and eclectic projects, which now include the Web3 gallery Art of This Millennium (AOTM), the Notable Pepes series, TungstenDAO, and more. While he has been active in crypto since 2013 and was among the original claimers of CryptoPunks, Van Dough’s current alias dates back to 2021. In an interview that year with The Block, he…
Blockchain The platform’s goal is to uncover and integrate prospective projects, consolidate market cycles and on-chain hotspots, and reduce user search costs, making Web3 more accessible. Cryptopia will have diverse themes for each time and will work with project partners to provide unique quest parts. Users will be able to earn airdrops and incentives by engaging in different activities on the site. The zkSync Period is the topic of the first edition of Cryptopedia. Users who complete tasks in Cryptopedia’s zkSync issue using OKX Wallet may be eligible for zkSync airdrops and other project-related airdrops. The wallet and zkSync will…
