Author: Crypto News Live

Journalist Posted: September 20, 2024 Judge dismissed Consensys’ lawsuit against SEC, citing lack of final agency action. Consensys vowed to continue fighting SEC’s regulatory stance on Ethereum and blockchain developers. In a surprising legal development, a Texas federal judge has dismissed a lawsuit filed by blockchain firm Consensys against the SEC. The lawsuit also named its commissioners, including Chairman Gary Gensler. Details on Consensys’ lawsuit The suit, filed in April in the Northern District of Texas, accused the SEC of attempting to dominate the cryptocurrency landscape through aggressive enforcement actions. The company argued that the SEC’s actions, including targeting Ethereum…

It’s finally here. Well, almost: After months of tapping our phone screens and investing in our fictional crypto exchanges operated by furry creatures, the Hamster Kombat token launch and airdrop are just days away on September 26. But for players who are serious about boosting their bags ahead of the airdrop, there’s another date that’s even closer: the season-ending snapshot on September 20 at 6pm UTC. That’s when Hamster Kombat’s developers will call this first in-game season a wrap ahead of the airdrop, and use the remaining days before the token generation event to determine allocations and make sure all…

Solana ecosystem players have eyed mobile devices since the Saga phone, and a SOL-based team just announced its web3 gaming bet. Less than twenty-four hours before Solana (SOL) Breakpoint in Singapore, a SOL-native team called Play Solana announced the first handheld gaming console built atop the layer-1 blockchain. The startup calls its gaming device the “Play Solana Gen1” or “PSG1.” Some social media users have noted that it looks like retro gaming machines, such as the popular Nintendo Game Boy. The gaming device will ship with support for SOL’s decentralized network, though the specific web3 games that users will be…

Gatto is a unique play-to-earn (P2E) game on the TON blockchain, combining pet-raising fun with blockchain technology. This game, available on Telegram, offers engaging gameplay and allows players to earn TONcoin. If you want to mix entertainment and earnings, Gatto just might be the game for you.What is Gatto?Gatto revolves around raising and nurturing digital pets called Gattomon that players train and take care of in various ways. In return, these Gattomon pets reward the players with TON. Gatto is similar to a Tamagotchi game but with many more features, including blockchain-based rewards and planned PvP elements. In a short time,…

Bored Ape Yacht Club creator Yuga Labs and partner studio Faraway have released the sewer-based game Dookey Dash: Unclogged as a free-to-play download on iOS, Android, Mac, and PC in selected regions. With this players will compete to enter an end-of-season tournament with over $1 million worth of prizes. This comes more than a year after Yuga Labs rolled out the original NFT-gated version of the game, with the highest-scoring players earning valuable prizes. The winner of the top prize—a one-of-a-kind NFT golden key—was notable Fortnite esports player Kyle “Mongraal” Jackson. He sold it for 3,333 Ethereum, or $1.63 million…

Solana Labs subsidiary, Solana Mobile, has unveiled the Seeker, its second-generation web3 smartphone set for release in 2025 during Token2049. Emerging from its “Chapter Two” stealth phase, the device has secured over 140,000 pre-orders across 57 countries.“We needed to make Seeker more accessible, more affordable, and ensure its hardware and software are even more deeply integrated for web3,” said Anatoly Yakovenko, co-founder of Solana and CEO of Solana Labs. The Seeker aims to be the definitive web3 mobile device, building upon the foundation laid by its predecessor, the Solana Saga.Solana Seeker (Solana Mobile)Key features of the Seeker include the Seed Vault…

contributor Posted: September 20, 2024 Ethereum’s large transaction surge by 13%, hinting at a looming price action. Over 547,600 ETH worth $1.26 billion hit exchanges, stirring market excitement. In the past three weeks, a total of 547,600 Ethereum [ETH], valued at more than $1.26 billion has been transferred onto cryptocurrency exchanges, according to a renown analyst tweet. This significant transfer indicates heightened Ethereum market liquidity and trading activity. Historically, when such huge numbers of any cryptocurrency begin to make their way into the exchanges, holders are looking to either sell or adjust positions, which could result in potential market volatility.…

Telegram, one of the fastest-growing messaging platforms, is quickly becoming a major GameFi (Game Finance) player. With over 950 million active users globally, the platform has evolved from a simple messaging app into an ecosystem that fosters communities, businesses, and gaming experiences. The launch of gaming projects on Telegram signals an exciting new chapter in the platform’s development, where players can earn real-world value while engaging in gaming. GameFi, a combination of gaming and decentralized finance (DeFi), has taken the blockchain world by storm. The concept of play-to-earn (P2E) gaming allows users to earn cryptocurrency or NFTs through gameplay, turning…

After the launch of Chromia’s mainnet in July, My Neighbor Alice has taken another step forward, with the game set to become the first fully decentralized, on-chain game. Its new Beta Season, which starts September 24, will be the first to run entirely on the Chromia mainnet and offers players an experience that is both more scalable and reliable.Progress Towards DecentralizationThe launch on the mainnet follows the successful Alpha Seasons of My Neighbor Alice, which focused on decentralizing the underlying technology. These early stages in the game’s development were crucial in the stress-testing of Chromia’s blockchain so that it would…

Este artículo también está disponible en español. Ethereum holders are definitely being tested by some tough times, with recent price action failing to create a bullish perspective for the digital asset. One of the major disappointments has been the performance of spot Ethereum exchange-traded funds (ETFs), which were launched in the U.S. with great fanfare. These ETFs were seen by numerous market participants as the key that could unlock significant upward movement for Ethereum. Since their introduction, they have not delivered the expected results, leaving investors frustrated. Matt Hougan, Chief Investment Officer of Bitwise, a popular crypto index fund manager,…