Author: Crypto News Live

Built on Telegram, Memefi is a GameFi platform that merges blockchain technology and meme culture. Its tap-to-earn model allows anyone from a casual gamer to a crypto enthusiast to earn tokens.To further its development, Memefi is distributing tokens in an airdrop event to supporters. The project considers this event, which is taking place in conjunction with listing on major exchanges, to be key to constructing a strong community of early adopters.Eligibility and ParticipationThe Memefi airdrop is open to users who meet the necessary criteria. First of all, users must possess a Ton wallet that can securely store MemeFi tokens. Moreover,…

Flyfish Club, the company behind the members-only club scheduled to open in Manhattan this month, has settled with the Securities and Exchange Commission over alleged violations. Per the settlement agreement, Flyfish has until Sept. 26 to “destroy all Flyfish NFTs in its possession,” cease accepting royalty payments from secondary market trading platforms on Flyfish NFT sales and pay a civil penalty of $750,000. In 2021 and 2022, Flyfish sold memberships to its yet-to-be-built private club through non-fungible tokens (NFTs) priced between 2.5 ETH and 4.25 ETH. Approximately 1,600 NFTs were sold, generating around $14.8 million in gross proceeds. These funds…

Agoric, a layer 1 blockchain designed for multi-chain orchestration, announced today a strategic partnership with Noble, the premier RWA issuance chain in the modular ecosystem, to build Fast USDC. This new solution will dramatically reduce wait times when transferring USDC from Ethereum and other EVM-compatible chains into the Cosmos ecosystem when using the Noble Express application. By streamlining the process, Fast USDC enhances the user experience and accelerates onboarding for Web3 services.Stablecoins, valued today at over $100 billion, has proven recently to be a web3 killer app, and Circle has taken the lead in driving inter-blockchain transfers with their Cross-Chain Transfer…

Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The Money Amid this development and the general lull, IntoTheBlock data shows that 61% of all ETH holders are in the money. That over 50% of all ETH holders are in green despite the coin shedding nearly 35% from July highs and nearly 45% from 2024…

Zynga, the mega mobile and casual game publisher behind FarmVille, has relinquished control of the Sugartown crypto game and its IP. The team that was working on the game has now relaunched as a new independent company, called D20 Labs, picking up where Zynga left off—and has already revealed a brand new game. D20 Labs was co-founded and is led by Matt Wolf, formerly the VP of Web3 gaming at Zynga, alongside ex-Zynga Web3 General Manager Tommy Ngo. By breaking off from the mobile gaming publisher, which is owned by gaming giant Take-Two Interactive, Wolf said that D20 Labs is…

contributor Posted: September 16, 2024 The ETH/BTC dip highlighted ETH’s extended weakness against Bitcoin, as the latter’s dominance soared higher. Low address activity underscores caution and declining organic demand, but could things change soon? Ethereum [ETH] just dropped to its lowest level against Bitcoin [BTC] since April 2021. But could this be one of the signs that ETH and the altcoin market are about to kick a major rally in what could be the start of altcoin season? The ETH/BTC pair hit a low of $0.0387 in the last 24 hours. This was the lowest level that the currency pair…

Deek Network-a blockchain-based social collaboration platform, until recently known as Zeek Network-has launched an airdrop program meant to incentivize participants on its platform. Powered by the Berachain blockchain, Deek Network aims to transform social behaviours into assets by encouraging users to share their knowledge and experience through a decentralized marketplace.This campaign allows early participants to earn exclusive Deek badges, which will be converted into DEEK tokens after the platform’s Token Generation Event (TGE), expected in Q3 2024.What is Deek Network?Deek Network is a decentralized social network designed to build collaborative and rewarding economies. Some of its unique elements include a…

Este artículo también está disponible en español. An analyst has explained how losing this on-chain demand zone could cause Ethereum to witness a crash to as low as $1,800. Ethereum Is Currently Retesting A Major On-Chain Support Zone In a new post on X, analyst Ali Martinez has discussed about how Ethereum is looking like in terms of investor cost basis distribution right now, citing data from the market intelligence platform IntoTheBlock. Looks like one range particularly stands out in terms of the number of addresses that bought there | Source: @ali_charts on X In the above chart, the dots…

De Labs, the parent company of the popular DeGods and y00ts NFT collections, has launched a new crypto token, ‘DEGOD’. Powered by Solana, $DEGOD will add all digital items within the Dust Labs NFT ecosystem into a single purposeful crypto coin. The new $DEGOD has a limited supply of 10 billion. It can be converted for anyone holding $Dust, DeGods and y00ts NFT collections. Interestingly, $DeGods has been distributed organically for the last 3 years without anyone knowing it. Between DeGods, y00ts, and $dust, there are 41,241 unique holders on 4 different chains, with the top 10 holding only 9.3%…

Circle, a global financial technology firm, today announced a strategic collaboration with Sony Block Solutions Labs to drive innovation and creativity through decentralized technologies on Soneium, a public Ethereum layer 2 blockchain ecosystem. Through this initiative, Soneium will integrate Bridged USDC Standard and establish bridged USDC as one of the blockchain’s primary tokens for value exchange.Soneium stands out as a versatile, general-purpose blockchain ready to serve diverse needs across all verticals and support users globally. By integrating bridged USDC as the foundation for value exchange, Soneium is poised to unlock new opportunities for creators and users, enabling seamless, secure and…