Author: Crypto News Live

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…

Vitalik Buterin has praised Ethereum for hitting key milestone in the execution layer client diversity.  Ethereum plans to have multiple execution clients to work in parallel while verifying blocks.  Ethereum [ETH] has achieved a key milestone by limiting top execution clients run by validators from having a supermajority market share. Reacting to the update, Ethereum founder Vitalik Buterin termed it the ‘robustness’ of the ecosystem.  ‘No execution client has more than 2/3 market share. Great news for the robustness of the Ethereum L1.’  Source: X/Vitalik Buterin The problem with ETH supermajority client risk For context, validators running staking and pools…

Ronin-based massively multiplayer online role-playing game (MMORPG) Forgotten Runiverse is entering open beta on Monday, with the move positioned as a significant step forward in the franchise’s quest to become a household name. “I see this open beta as our first real coming out party,” Bearsnake, pseudonymous co-founder and COO of Forgotten Runes—the broader universe which Forgotten Runiverse falls under—told Decrypt’s GG. “The biggest swing for the IP to date is this open beta. It’s going to be the thing that we really hang our hat on.” Snake acknowledges that Forgotten Runes already has a globally distributed comic book series,…

The first “closed beta test” for Ragnarok: Monster World—a mobile game based on the popular Ragnarok Online role-playing franchise—isn’t very closed after all. But it is pretty fun. Built with optional NFT assets on Ethereum gaming network Ronin, Ragnarok: Monster World delivers a simple, streamlined strategy experience for iOS and Android that’s more than a little bit reminiscent of Supercell’s mobile smash, Clash Royale. Getting into the weeklong beta test doesn’t require ownership of NFTs, nor any kind of approval from the developer to get started. There is an extra hoop or two to jump through compared to fully released…

The on-chain metrics showed bulls were eager to go long. The age consumed metric signaled caution while other metrics showed. The taker buy/sell ratio shot skyward for Ethereum [ETH] over the past couple of days. This metric tracks the taker buy volume to sell volume ratio. Values below 1 indicate bearish sentiment. Source: CryptoQuant Taker refers to the nature of the order placed, being a market order rather than a limit order. This means these traders are willing to pay a slight premium to execute the trade at market prices. Hence, this ratio helps gauge sentiment. Ethereum on the way…

The Chang hard fork is a pivotal upgrade for Cardano, representing a major step toward realizing the network’s vision of complete decentralization and community-driven governance. This upgrade marks the beginning of the Voltaire era, a phase that will empower ADA holders with the ability to directly participate in the decision-making processes that shape the future of the network. At the core of the Chang hard fork is the introduction of on-chain governance mechanisms. These mechanisms allow ADA holders to vote on proposals, elect Delegate Representatives (DReps), and influence protocol changes. This shift from a centralized governance model, where decisions were…

Ethereum Foundation defended itself after a recent ETH sell-off sparked scrutiny EF has been accused of a ‘lack of transparency’ Ethereum Foundation is in the news today after it faced criticism from the crypto community following a recent 35k ETH sell-off on Kraken. Some of the community members were disappointed with the timing of the sell-off. According to them, the Foundation took advantage of the Friday bounce to cash out.  Some, like pseudonymous Ethereum core developer and evangelist Anti Prosynth, questioned how the Foundation could move funds without prior disclosures.  “Financial disclosures @ethereum, seriously. How on earth is this an…

If ETH’s price falls to $2,705, nearly $323 million worth of long positions will be liquidated According to one expert, Ethereum’s market cap will surpass Bitcoin’s market cap within the next five years  The wider cryptocurrency market recorded a significant rally after the potential interest rate cut announcement by the Fed Chair. Ethereum (ETH) was no different, with the world’s second-largest cryptocurrency by market capitalization breaking its 14-days of consolidation zone and turning bullish.  Ethereum’s breakout and upcoming levels Between 8 and 23 August, ETH had been consolidating in a tight range between the $2,730 and $2,725 levels. Following the…

Ethereum formed similar structures on the price charts at similar times ETH set to close the gap created after falling below the critical support band Ethereum’s [ETH] recent price recovery from the $2,100-level has sparked speculation that it may replicate its 2016 and 2019 successes in 2024. With Ethereum (ETH) poised to close a weekly candle above the $2,800-$2,900 range, many believe a bull run is on the horizon. This, especially as the Federal Reserve prepares for interest rate cuts in September. In fact, historical patterns reveal that ETH/BTC broke down in 2016, 2019, and now in 2024, with previous…

Catizen’s Mini-Game Center merges traditional gaming with blockchain, offering diverse play-to-earn opportunities. Star Wing” leads Catizen’s new game lineup, featuring dynamic aerial combat and customizable aircraft. CATI token airdrop targets 30M users, aiming to boost platform engagement and token utility. Catizen, a Telegram-based gaming platform, has launched the open beta of its Mini-Game Center, promising an engaging blend of entertainment and earning opportunities. This initiative marks a strategic enhancement of the Catizen platform, integrating play-to-earn mechanics with various games. The new center is designed to appeal to casual and dedicated gamers by offering a variety of mini-games that merge traditional…