Author: Crypto News Live
The crypto community uses a lot of different slang terms and abbreviations that can seem a bit confusing to newcomers and outsiders. One of such terms is NGMI – although you can probably guess what it stands for, it can be tough to figure out what meaning it conveys. If you saw ‘NGMI’ on crypto or NFT Twitter and weren’t sure what it means, you’ve come to the right place – I will provide a detailed explanation of this term as well as its more positive cousin, WAGMI. What Does NGMI Stand For? NGMI stands for “Not Gonna Make It,” an internet slang term used predominantly within…
Web3 gaming infrastructure company Stardust has today launched Starbase, which converges consumer rewards and social gaming into one. The platform integrates player rewards and social gaming into one space filled with missions and challenges. Starbase offers something for everyone, from the casual to the hardcore gamer.Earning Gems Through MissionsA huge part of Starbase is performing missions where players can win gems. These missions include the largest games of Web3, including Nifty Island, Cambria, Shrapnel, Midnight Society, and BloodLoop. By going through each mission, players engage in the playing experience while receiving rewards as Gems, the digital currency used as a…
TL;DRSenator Warren’s assumption that ‘apathy towards crypto = hatred of crypto,’ has been a total misfire; and lead to a crypto-focused PAC raising $178M (making it an indomitable force in the 2024 election).Full StoryHow do we frame this situation…Ok, imagine if tomorrow a US Senator came out and said: “I’m going to ban Linux (the open-source computer operating system)”…Most of the voting population would think: “I don’t really care either way — I don’t use it…but it feels like a weird hill to die on.”A very select few people might praise the choice, saying: “Hell yeah! Linux blows — its…
Trading volumes on crypto exchanges declined for the third month since March. Institutional interest in ETH dropped significantly in June, per CME data. Crypto exchange trading volumes tanked further in June, maintaining a trend that started after March 2024. Per the CCData report, combined trading volumes dropped for the third consecutive month, declining by 21.8% to $4.22 trillion. The report attributed the decline to the overall sideways movement and losses for the leading assets, Bitcoin [BTC] and Ethereum [BTC]. ‘The combined trading volume fell 21.8% to $4.22tn, as major crypto assets including Bitcoin and Ethereum remained largely rangebound and recorded…
Recently, Chiliz welcomed the BSC Young Boys NFT ecosystem to its sports blockchain platform. It contains NFT collections, including the popular Player Cards for the 21/22, 22/23, and 23/24 seasons, the Championship NFT 2023, and unique Museum Memorabilia, alongside the distinctive Ybees collection. This is huge news for the sports blockchain platform. BSC Young Boys is one of the most successful football clubs in Swiss football with millions of followers. BSC Young Boys migrate their entire NFT ecosystem to Chiliz Chain 🤝@BSC_YB NFT collections, including the widely popular Player Cards for the 21/22, 22/23, and 23/24 seasons, the Championship NFT…
San Francisco, CA, USA — DATE, 2024 — Unstoppable Domains, the largest Web3 domain name provider and digital identity platform, today announces the launch of its white-labeled digital wallet, enabling web2 registrars to manage and deliver tokenized ‘.com’ domains.“Tokenization provides significant value to registrars as it allows them to tap into the emerging web3 space while retaining all the benefits of traditional domains,” said Sandy Carter, COO of Unstoppable Domains. “ Our white-label wallet solution delivers a branded wallet that can be sold by registrars, generating recurring revenue while positioning them at the forefront of Web3 innovation.”The white-labeled wallet —…
Ethereum ETF set to launch on 23rd July, paving way for Solana. VanEck’s filing signals growing institutional interest. The crypto world is on edge as Ethereum ETF launch approaches. The Ethereum [ETH] launch is set for 23rd July, according to a renowned crypto analyst. This milestone comes after Bitcoin’s ETF success. Amidst these developments, VanEck’s recent filing for a Solana ETF has intensified market anticipation. Solana in the Spotlight As Ethereum takes center stage, Solana [SOL] emerges as the next potential ETF candidate. Known for its speed and low costs, Solana could be the third major crypto to secure an…
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! Last night, I attended my first ever New York Liberty game, and goodness me, were we ever up in the nosebleeds. But even from my perch in the rafters, it was clear that Sabrina Ionescu is a bucket. Caitlin Clark who? Anyways: In search of Solana games I tried ginning up some newsletter content by becoming a Solana gamer. Unfortunately, my journey was stalled by a lack of, well, games. As crypto settles into a collective spirit of…
MON Protocol announces new investment fund MON Ventures, focused on empowering Blockchain Gaming Studios worldwide. The initiative will be headed by the former senior executives of major gaming and media companies, including some from Ubisoft, Sony, Activision, Warner Media, Bandai Namco, and Electronic Arts (EA).The key objective of MON Ventures is to support blockchain gaming studios globally, primarily in seed and applications for the pre-TGE stage of blockchain—focused on gaming and infrastructure.The MON Protocol has built a strong community of Web3 gamers and users. The community pre-sale for its MON Protocol Token closed within eight minutes, with the required allocation…
Developers continued to work on Plectra upgrade for the Ethereum network. Changes in staking rewards were discussed to mitigate centralization and other risks to the network. Apart from the market recovery, the increasing attention around Ethereum [ETH] has helped it soar over the past few days. The upcoming Plectra update could further help Ethereum see green. Developers continue with their work In the 137th All Core Developers Consensus (ACDC) call, the primary focus was on the progress of two testnets, Pectra Devnet 1 and PeerDAS Devnet 1. Pectra Devnet 1 is nearing its launch, with both Consensus Layer (CL) and…
