Author: Crypto News Live
NFT The Web3 game industry is growing on blockchain networks like Avalanche, Solana, Polygon, and even the newly-launched Sui. One platform you don’t find on that list is Chia, the novel storage-based blockchain network—but that may soon change. Last week, Chia Network—which recently signaled plans to go public—launched what it’s calling the Chia Open Digital Economy (CODE) framework, which is infrastructure and tooling designed to power an open metaverse of games and applications that use interoperable assets. Alongside that initiative, Chia will launch a proof-of-concept trading card game on May 19 called ChiaTCG, which will support all NFTs currently on…
By Lisa Seacat DeLuca (lisa.x), Senior Director of Engineering and ProductWe’re excited to announce Unstoppable Messaging, a new domain-to-domain messaging platform coming this year. Unstoppable Messaging will allow you to send encrypted messages to other domain owners using their Web3 domain, manage who can and cannot message you, target messages to specific badge holders, stay up to date on your favorite projects, and more. This will work across all domains, including our original domains and the new branded TLDs. Your Unstoppable domain is the center of your digital identity, bringing together your experiences, favorite projects, social channels, payments, and so much…
A staking service provider predicted the hike and backed it up with reasons. Ether deposits have increased on the Beacon Chain, changing the course of stake effectiveness. Staking has become a critical element of Ethereum’s [ETH] ecosystem since undergoing the transition from Proof-of-Work (PoW). And more recently, the Shanghai upgrade. According to the Staked Q2 report, the ETH stake rate could increase by 20% to 35% in the next 12 to 18 months. How much are 1,10,100 ETHs worth today? Higher than the former Staked, the research subsidiary of the Kraken exchange, noted that a lot of factors were considered…
Blocklords soft launched the beta version of their town building strategy game not long ago to their dedicated community. Now they open up a Community Beta to the wider public, including potential rewards for the top players! Blocklords launches into a new Community Beta, available to everyone. This beta is open now and runs through June 10th. Blocklords is offering a number of prizes to the top performers in the Community Beta. One of those prizes is a special Discord role called the Founders Society. This role will be given to the top 100 players in regards to experience earned.…
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. The cryptocurrency market remains volatile, as the price of Bitcoin pumped and dumped following the latest Consumer Price Index (CPI) announcement on Wednesday, leaving the top crypto in the dumps on the 24-hour chart. Stocks traded mixed in the equities markets as inflation came in slightly lower than expected, but remained well above the Federal Reserve’s 2% target. The Bitcoin market has recently shown considerable tenacity, with bulls successfully maintaining the price above the…
It’s no secret that bear markets are challenging. A quick scan of top projects of any past market cycle will unveil how many once-promising projects have faded into oblivion. While these cycles are often discouraging, many fail to realize that with every market downturn comes the opportunity for innovation toward a stronger future for Web3. Just look at Uniswap and OpenSea’s success to see how real the potential is for “building in a bear market” to spark new bullish cycles.So, as we navigate the market climate, which is showing glimmers of hope for an upward trajectory, what innovations do we…
Bitcoin bulls were making another attempt at taking over from the bears. Whale accumulation resumed after weeks of outflows. Bitcoin [BTC] enthusiasts will be glad to know that at press time, bulls were once again fighting for dominance after prices fell towards short-term support. Multiple observations already indicated that a mid-week bullish bounce back might be on the cards. Is your portfolio green? Check out the Bitcoin Profit Calculator Let’s kick off by assessing the latest on-chain data. As per Glassnode, 9 May’s daily on-chain exchange flows and the net outflows outweighed the inflows. In other words, more Bitcoin is…
Ray Youssef, the co-founder of Paxful, has warned to stay off the platform amid complaints of scamming.As a peer-to-peer (P2P) marketplace, Paxful provides the infrastructure, including moderation, for users to buy and sell cryptocurrency from each other.Paxful closes, re-opensThe peer-to-peer marketplace closed in April, with Youssef acknowledging the resignation of several key staff members. However, at the time, he remained unwilling to expand on what else was happening behind the scenes.Weeks later, Youssef said heightening U.S. regulatory pressure was to blame — as he alerted people to the dangers of dealing with U.S.-based financial companies.“They will confiscate your funds and…
Uniswap developers won a grant from the Ethereum Foundation. The newly launched NFT marketplace of Uniswap observed a decline in activity. Despite an increase in activity over the past few months, Uniswap was not able to reach the activity levels it achieved in 2021. However, with new developments being made by the engineering team, the protocol might be able to generate interest from users. Is your portfolio green? Check out the Uniswap Profit Calculator New Grants According to Uniswap’s tweet from 11 May, Uniswap’s team of engineers won Ethereum Foundation’s grant for their developments relating to Account Abstraction. This update…
What is Flare Network? The Flare Network is an interoperable Layer 1 proof-of-stake blockchain, using the Ethereum virtual machine (EVM). Flare (FLR) was created in 2020. Basically the EVM converts smart contracts into instructions that a computer can read. This allows the network to run Turing-complete smart contracts. Turing-completeness means that it can run almost any computational task, as long as there is enough memory to run it. It can combine several powerful properties to create an ecosystem of decentralized applications. In a nutshell, Flare aims to bring smart contracts and interoperability to blockchains. The Ripple blockchain powered by XRP…
