Author: Crypto News Live

Blockchain The European Blockchain Services Infrastructure (EBSI) is launching a publicly accessible blockchain platform in collaboration with Norway and Liechtenstein. The regulated and permissioned blockchain will transform data management with its security and transparency. JUST IN: EU Develops its Own Official Blockchain. Belgium aims to transform EBSI technical project into political projects during its European presidency in 2024, according to a minister. — Crypto Research Group (@CRG_crypto) May 9, 2023 Distributing nodes To promote blockchain adoption across the European Union (EU), the new initiative will see Germany, the largest economy in Europe; and Netherlands operate three and four nodes, respectively.…

NFT Seemingly trying to take advantage of the frothy rollercoaster ride that has been Pepe, at least two Twitter accounts posted offers to mint free NFTs for anyone holding the memecoin. Only the posted link advertises a supply of 10,000 available NFTs despite the obvious red flag of linking to a collection minted a few days ago and only had 6,969 total non-fungible tokens on offer. “Navigating to the minting page of the tweet, you’ll find a section titled ‘Buy a Pepe NFT’,” which misleadingly redirects to an NFT collection named Lofi-Pepe, noted The Block Research Analyst Brad Kay. “Funny…

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below.Oops…you must lock a minimum of 20,000 ACSIf you don’t have enough, buy ACS on the following exchanges:Connect via Access ProtocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more ›Disclaimer: By choosing to lock your ACS tokens with CryptoSlate, you accept and recognize that you will be bound by the terms and conditions of your third-party…

Centralized staking pools experienced an array of farewells. Validators have opted not to cross the minimum balance required to stake. Within Ethereum’s [ETH] ecosystem, staking activity has become a topic of increasing interest and scrutiny since the Shapella upgrade’s success. But contrary to projection, ETH did not witness a high level of sell pressure after staking withdrawals resumed. Instead, it was around that time that the altcoin surged to $2,000. How much are 1,10,100 ETHs worth today? However, post Shapella and ETH’s loss of its hold on the price, there have been some notable changes in the Ethereum staking world. …

Web3 gaming is revolutionizing the way gamers interact with each other, bringing unprecedented levels of engagement and fun. Planet IX is an online NFT-strategy game aiming to reach those levels of attention as it offers a unique digital rendition of Earth as your playing field to play, earn, and enjoy.Let’s dive into how Planet IX is making waves in the Web3 gaming industry.What is Planet IX?Planet IX is a dynamic, ever-evolving game that continuously adds new features and mechanics, pushing the boundaries of Play-to-Earn and DeFi. The game aims to provide an engaging gaming experience that transports you to another…

The battle between the music industry and artificial intelligence continues, with reports claiming that Spotify is taking down AI-generated music. A Financial Times report revealed that the music streaming platform has removed 7% of all songs created by AI music startup Boomy, amounting to “tens of thousands” of songs. Spotify is also said to be ramping up its policing of the platform in light of the situation. This comes after Spotify and other streaming services began receiving complaints of fraud and clutter on the platform. Music industry giant Universal Music Group (UMG) alerted streaming service providers of “suspicious streaming activity” on Boomy tracks,…

Bitcoin experiences promising gains as the CPI index favors cryptocurrencies. Short-term holders face challenges amidst Bitcoin’s ongoing volatility. Amidst the rollercoaster ride of Bitcoin’s value, the Consumer Price Index (CPI) appeared to smile upon it and certain other cryptocurrencies, ushering in some promising gains. However, this hopeful trend was swiftly interrupted by a widespread rumor of the United States divesting itself of Bitcoin, partially eroding the acquired gains. Given the ongoing volatility that Bitcoin was experiencing, individuals who held their investments in the short term found themselves in a precarious situation, potentially facing some challenges ahead. Read Bitcoin (BTC) Price…

Ethereum-based Pepe memecoin rallied to a new all-time high of $0.000002322 earlier today after increasing by more than 50% in the last 24 hours, according to CryptoSlate data. During this period, the market cap of the memecoin touched as high as $931 million before retracing to its current level of $864.54 million, according to Coingecko data. Pepe market cap surpasses Terra Classic, others The memecoin is ranked as the 61st largest crypto asset by market cap — above several significant crypto assets like Terra Classic (LUNC), Optimism (OP), Huobi Token (HT), BitTorrent (BTT), MakerDAO (MKR), USDD, and others. Pepe’s market…

Polygon’s number of NFT buyers and sellers increased by double digits last month  MATIC’s metrics looked bearish, suggesting a further decline in the token’s price Polygon [MATIC] witnessed a surge in the number of NFT buyers, thanks to multiple popular NFT collections migrating to the blockchain. CRYPTOSLAM’s data revealed that the number of Polygon NFT buyers increased by more than 27% in the last 30 days. Additionally, the number of NFT sellers also registered an uptick last month.  Source: CRYPTOSLAM Read Polygon’s [MATIC] Price Prediction 2023-24 A closer look at Polygon’s NFT ecosystem  As per DappRadar, y00ts, which recently migrated…

The Alpha: Yuga Labs’ new CEO, Daniel Alegre, bought a BAYC NFT for 50 ETH (approximately $90,000).The purchase was slightly above the floor price at the time, and the move helps demonstrate Alegre’s belief in the project and his understanding of the importance of community. Dive deeper: Daniel Alegre, CEO of Yuga Labs, just made a splash in the NFT world. On May 10, 2023, he purchased a Bored Ape Yacht Club NFT for 50 ETH on Blur. At the time, the purchase was equal to about $90,000. Why is this so notable? When Alegre made his purchase, the floor…