Author: Crypto News Live

VITREUSVitreus, the visionary leader in decentralized artificial intelligence (AI) blockchain technology, is thrilled to announce a groundbreaking strategic partnership with GEM Digital Limited (GEM), a digital asset investment firm based in The Bahamas that actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally. The signing of this agreement marks a significant milestone in Vitreus’ journey as GEM commits to a $15,000,000 USD investment commitment into Vitreus, propelling the company into a new era of growth and innovation.“We are excited to welcome GEM as our first institutional-grade investor,” said Chad, Founder. “GEM’s commitment to…

Ethereum’s bullish divergence has been invalidated Institutions are now selling ETH, with trading volume decreasing too Ethereum (ETH), at press time, seemed to be showing some weakness against Bitcoin (BTC), with the ETH/BTC price action chart deep in the red. In fact, the bullish divergence for ETH looked invalidated as it approached the 0.04 BTC level. If Bitcoin continues to gain momentum towards the $61k-$62k range after reclaiming $57k, ETH can be expected to drop further. Currently, ETH lacks a solid support level, and traders will need to wait for better market conditions before any significant rebound. Now, the ongoing…

Blockchain gaming has reached a new milestone with 4.2 million daily active users in August, according to a recent DappRadar report. The web3 gaming industry saw a 5% increase in daily unique active wallets (dUAW) last month despite falling to second place in terms of the most active crypto sector amid the AI boom. Ronin keeps its dominance Ronin continues to dominate the blockchain gaming landscape with the highest average number of Unique Active Wallets (UAW), which grew 24% in August to 1.32 million. Pixels and Forgotten Runiverse were the main games driving activity on the network during the month.…

The Stand With Crypto Alliance, a Coinbase-backed non-profit organization, is leading efforts to establish the Creator Defense Fund initiative that has raised $6 million from venture capital firm Andreessen Horowitz (a16z) and NFT marketplace OpenSea. According to a Sept. 13 press release, a16z contributed $1 million to the fund, while OpenSea pledged the remaining $5 million. The alliance said that legal pressures — like the SEC’s recent Wells Notice to OpenSea — signal that blockchain-based creators will continue to face significant regulatory threats, and the fund aims to help those who need it. Creator Defense Fund The fund aims to…

eToro trading platform will restrict U.S. crypto trades to Bitcoin, Ethereum, and Bitcoin Cash following a settlement with the SEC. The SEC has fined eToro $1.5 million for operating as an unregistered crypto broker and clearing agency. eToro trading platform has reached a settlement with the U.S. Securities and Exchange Commission (SEC), agreeing to halt most cryptocurrency offerings to its U.S. customers. For context, the SEC accused eToro of providing access to crypto assets deemed as securities since 2020 without adhering to federal securities registration requirements. As part of the settlement, eToro will pay a $1.5 million penalty for operating…

Deepfakes are a growing threat online, generating content that is hyper-realistic yet false. As this threat grows, NFTs, along with blockchain technology, could become instruments for safeguarding digital media from the deepfake menace. Indeed, what deepfakes threaten, NFTs can offer verifiable ownership and authenticity. And while deepfakes impersonate humans, NFTs fingerprint real digital content, making the kind of content that deepfakes go after much less valuable by virtue of its lack of authenticity.Serious Problems with DeepfakesDeepfakes create a wide range of issues that span personal, political, and societal levels. These problems highlight the need for stronger measures to address the…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the appointment of Chris Aruliah as Head of Institution. Chris brings a wealth of experience and a proven track record in both cryptocurrency and trading industries, having held leadership roles at renowned exchanges such as Bitstamp and BCB.With his deep understanding of the institutional market, Chris will spearhead Bybit’s efforts to attract and service a diverse range of institutional clients, including hedge funds, asset managers, brokers, market makers, family offices, etc. His strategic acumen and ability to foster strong relationships will be invaluable in expanding Bybit’s institutional footprint across…

Este artículo también está disponible en español. Crypto investors may need to start paying attention to Ethereum (ETH), as the cryptocurrency’s price could be gearing up for a major rally against Bitcoin. A crypto analyst predicts a potential 180% surge in the ETH/BTC trading pair, signaling that now might be an opportune time for investors to consider converting their BTC holdings to Ethereum.  Time To Swap Bitcoin For Ethereum The price of Ethereum has been in such a significant bearish trend over the past few months that analysts have labeled it “the ultimate shitshow of this cycle.” Despite the launch…

Metacade, a leading platform for on-chain gaming, is set to launch ten new games on Telegram, targeting the platform’s 950 million users. This strategic move aligns with the growing interest in casual mobile gaming, particularly as Metacade’s research reveals a significant 80% surge in gaming activity each September when users return to their routines after the summer break. Metacade is expanding in the Web3 gaming space and pioneering new ways for players to engage comfortably. Metacade Introduces 10 Unique Games for Telegram Users The upcoming games, which include popular titles like Wordler, Surfing Hero, Chop Kick, Pet Hop, Bubble Invasion,…

Ethereum funding rates set to hit 0.015 level Altcoin’s on-chain data seemed to point to growing market confidence Ethereum (ETH) has been showing signs of potential price growth, with funding rates implying that this may be the calm before a price surge. Historically, whenever funding rates have been low, ETH has seen significant price jumps on the charts. At press time, ETH’s funding rate was at a low level between 0.002 and 0.005. This level has historically preceded price rallies. If the rate surpasses 0.015, as it did in previous bull markets, Ethereum’s price could rise higher. The last time…