Author: Crypto News Live

The Alpha: Coinbase is facing backlash for labeling Pepe the Frog, the mascot of the $PEPE memecoin, as a hate symbol associated with the alt-right.A newsletter sent out via email to Coinbase customers sparked outrage within the $PEPE community, leading to calls for Web3 to boycott the exchange and “#DeleteCoinbase” to start trending on Twitter.Some users are now migrating their $PEPE holdings to Gemini as the price of the popular memecoin continues to fall. Dive deeper: Coinbase ignited controversy this week by labeling Pepe the Frog, the mascot of the $PEPE memecoin, as a hate symbol associated with the alt-right.…

Blockchain The partnership between Wakweli and the Blockchain Lawyers Group will offer a number of notable advantages that include but are not limited to boosting the liquidity of the entire Wakweli ecosystem. Wakweli, a Non-Fungible Token (NFT) certification protocol, has announced its latest partnership with the Blockchain Lawyers Group (BLG) as it seeks to establish its outfit as one of the most legitimate for certifying tokenized assets. As contained in the Press Release shared with Coinspeaker, Wakweli said the collaboration aims to enhance the evolving Web3 legal expertise and enable deeper protocol refinements for the Proof of Democracy (PoD) consensus…

Meta Description: Layer 2 is all the rage, making once-expensive and slow crypto like Bitcoin and Ethereum fast and cheap. Here are three most promising Layer 2 solutions in 2023. Stats: Vitalik Buterin, the co-founder of Ethereum once said that the Ethereum ecosystem is likely to be all-in-one roll-ups as a scaling strategy. Before explaining Layer 2, we should go back to basics and understand the term Layer 1. Interestingly, the term Layer 1 was created and defined retroactively due to the need to define and explain Layer 2.   Layer 1 wasn’t defined as a first layer before because it…

NFT Wu reported that the BSV community has been instrumental in developing Bitcoin Ordinals and BRC 20. Unisat, the core wallet of BRC20, was created by the Chinese development team of the former BSV community, which also developed Sensible Contract, a smart contract solution on BSV. The BSV community has extensive participation in Bitcoin Ordinals and BRC 20. Behind Unisat, the core wallet of BRC20, is the Chinese development team of the previous BSV community, which has developed Sensible Contract, a smart contract solution on BSV. By @TechFlowPost — Wu Blockchain (@WuBlockchain) May 9, 2023 The team behind Ordswap, the…

In the first quarter of 2023, NFT trading volumes on Ethereum experienced a significant surge compared to the previous quarter. The growth can be partially credited to the excitement surrounding the airdrop farming of Blur’s native token.Crypto analytics firm Nansen revealed that NFT trading volume more than doubled in 2023. In Q4 2022, $1.9 billion worth of NFTs were traded, while in Q1 2023, the figure rose to $4.5 billion. A chart displaying weekly trading volumes of NFTs on Ethereum supports this data.Blur, an NFT marketplace and aggregator, launched in October 2022 and scheduled an airdrop of its native token,…

Lido Finance is set to enable stETH:ETH withdrawals once its V2 upgrade goes live. LDO’s value has declined since Ethereum’s Shanghai Upgrade. Following the implementation of Ethereum’s Shanghai Upgrade (Shapella) in April, leading Ethereum [ETH] staking platform Lido Finance [LDO] has scheduled the final on-chain vote for its V2 upgrade on 12 May.  How much are 1,10,100 LDOs worth today? According to the staking protocol, if the voting is successful, the V2 upgrade would go live on 15 May, and enable direct in-protocol stETH:ETH withdrawals and staking router architecture. A Lido V2 update: The final on-chain vote for the V2 upgrade…

GameFi Axie Infinity, Splinterlands, and The Sandbox are big names in the crypto world that dominated P2E headlines during Crypto’s last bull run. As Crypto begins to rise from the ashes in 2023, the number of players remaining in P2E games has significantly declined, from a level of 30.1 million in January 2022, to a paltry 6.2 million in March 2023, with downloads dropping from 46 million to 29 million in the second half of 2022, according to Sensor Tower’s State of Mobile Gaming report 2023. The P2E market suffered economic stresses too, as the market cap for GameFi tokens…

Plushie Guardians is a unique project integrating elements of web2 and web3 for a transformative gaming experience. With the upcoming sale of exclusive NFTs, Plushie Guardians is set to innovate the GameFi model on the Polygon network, addressing persistent issues such as weak gameplay and high dependency on new participants.The project’s NFT sale is set for this month when you can get your hands on one of 10,000 Plushie OGs. Let’s find out what the game’s about.What is Plushie Guardians? The Plushie Guardians game, already tried and tested by its active community, offers a plush universe with distinct characters and narratives.…

As the crypto market continues to evolve, investors are constantly seeking new opportunities to capitalize on the potential growth of digital currencies. In this article, we will explore three exciting cryptocurrencies that are garnering attention in 2023: Solana (SOL), Cardano (ADA), and DogeMiyagi (MIYAGI). Each project brings unique features and promises to offer exciting prospects for investors looking to participate in the crypto revolution. Solana: Unleashing the power of speed and scalability Solana (SOL) has emerged as a trailblazer with lightning-fast transaction speeds and impressive scalability in the dynamic world of cryptocurrencies. Solana’s innovative technology employs a unique consensus mechanism…

On 8 May 2023, blockchain expert Sebastien Guillemot shared crucial insights about Cardano’s current load capacity. Sebastien Guillemot, Co-Founder and CTO at blockchain company dcSpark, expressed on Twitter that Cardano is running at 94% load, leaving a narrow margin of 6% before reaching its maximum capacity. He reminded his followers that no Cardano node implements transaction prioritization, meaning transactions are processed in a first-come-first-serve manner. Therefore, should Cardano hit 100% load, transactions will enter a queue alongside everyone else’s. As for the implications of hitting 100% load, Guillemot listed three main scenarios. First, there could be a considerable delay before a…