Author: Crypto News Live
Pluto Studio, the developers of the popular Telegram game Catizen are facing a backlash from their community after the studio announced a major reduction in the game’s token rewards. Players who had been eagerly awaiting the launch of the game on September 20 were dismayed to find out that their rewards will be much smaller than they had expected.The controversy began on September 14 when Pluto Studio disclosed the amount of CATI tokens that players would get. This announcement led to a swift, vigorous, and negative community reaction with many players feeling frustrated and betrayed. At the core of the…
CryptoPunks dominate the NFT landscape, capturing the market attention with remarkable sales. The week’s best sale was undoubtedly CryptoPunk #6634, which totalled $685,120. This further shows the public’s sustainable interest in owning CryptoPunks. CryptoPunk has been at the forefront in terms of the largest-selling NFT during the last seven days. These stats show the growing demand for NFTs in the crypto market. TOP #NFT SALES IN THE LAST 7D Among largest sales in the last 7D are: #Fidenza#CryptoPunksLargest Sale: CryptoPunk #6634 – $685.12K pic.twitter.com/XJ0fVupbqF — PHOENIX – Crypto News & Analytics (@pnxgrp) September 15, 2024 Following CryptoPunk, Fidenza Art Makes…
Journalist Posted: September 16, 2024 ETH showed renewed interest across the options market. Despite short-term challenges, it suggested a bullish outlook for ETH in Q4. Ethereum [ETH] has lagged behind its major peers, such as Bitcoin [BTC] and Solana [SOL], despite US spot ETF approval in Q2. However, on Friday, the 13th of September, there was strong renewed interest in the largest altcoin. According to the Singapore-based crypto trading firm QCP Capital, ETH options spiked with much interest in contracts targeting $3k by the year-end. Part of the firm’s weekend note read, “The options market witnessed renewed interest in ETH,…
Legendary game developer CCP Games this week lifted the lid on Eve Frontier, a space survival game set in the Eve Online universe that features blockchain integration. Initially referred to as Project Awakening, Eve Frontier appears to have a lot of similarities to the massive Eve Online game, but with more of a survival focus—and the ability to use crypto tokens and blockchain code to impact and reshape the game in new ways. Details are still a little thin on the ground, but with such a prestigious development studio behind it, hopes are high that Eve Frontier could be one…
ETH has declined by 7.95% over the last 30 days. Despite the unfavorable market conditions an analyst is eyeing 48% surge to $3,550. While the crypto market has attempted to recover with Bitcoin [BTC] surpassing $60k levels, Ethereum [ETH] has remained behind. ETH, the second largest cryptocurrency by market cap, has experienced a strong downtrend. In fact as of this writing, Ethereum was trading at $2,410. This marked a 7.95% decline on monthly charts. Since hitting a local high of $2,820, the altcoin has failed to maintain an upward momentum declining to a low of $2150. Prior to this market…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
While the NFT market has lost considerable steam since peaking two years ago, the marketplace Magic Eden has been reaching new heights on its own, according to CEO Jack Lu. “Even though the overall market has been a bit soft, the year has been pretty good for Magic Eden,” he said in an interview with Decrypt (video below). “2024 has actually been our best year ever.” When Magic Eden launched in September 2021, the NFT market saw $4.2 billion in JPEGs trade hands, according to CryptoSlam. At that time, Magic Eden was precluded from some of the NFT market’s buzziest…
The rapid ascent of tap-to-earn games on Telegram underscores a transformative moment in the Web3 gaming sector. As Telegram’s user base swells to 950 million monthly active users, these games have seized the spotlight, reportedly engaging over 300 million users in a matter of months. This remarkable uptake has effectively dethroned play-to-earn games—the trend popularized by Axie Infinity back in 2021—with notable successes like Catizen, which has already earned approximately $27 million from in-app purchases, and Notcoin, which conducted the largest gaming airdrop of 2024 in May after amassing 35 million players. While tap-to-earn games excel at attracting new users…
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In the fast-evolving world of mobile gaming, a new trend is emerging that is capturing the attention of millions of users worldwide: tap-to-earn (T2E) gaming. By offering players the opportunity to earn rewards through simple, repetitive taps, this style of gaming has quickly become one of the most addictive and popular genres in the mobile game market. With its roots in easy accessibility and instant gratification, the power of tap-to-earn is reshaping how players interact with games—and it’s showing no signs of slowing down. What is tap-to-earn gaming? At its core, tap-to-earn gaming revolves around a straightforward concept: players earn…
