Author: Crypto News Live
TL;DRFull StoryThe biggest bulls in crypto – MicroStrategy (MSTR) – just announced that they’re splitting their shares in a 10-for-1 stock split. ICYMI, MSTR had a spare $500M (or so) in cash back in 2020 and the CEO at the time (Michael Saylor) decided to invest it all into BTC. Then he invested more money into BTC.And more. Until today, where MSTR’s balance sheet boasts over 226,331 Bitcoin, worth over $13B USD at the current value. Now they’ve chosen to do a 10-for-1 stock split which means…Put simply, shareholders will get an additional nine shares for every one share they…
Anomaly Games is joining the Google for Startups Cloud Program. This strategic partnership aims to blend advanced cloud technology with artificial intelligence and Web3 innovations, offering a novel approach to powering web-based experiences and game development and deployment. It’s an exciting time for indie game developers, tech entrepreneurs, crypto enthusiasts, and Web3 pioneers, as this collaboration promises to revolutionize the gaming sector.The classic gaming landscape is evolving at breakneck speed, driven by technological advancements and innovative strategies. Anomaly Games’ recent move to join the Google for Startups Cloud Program is a testament to this evolution. This blog post will explore…
A crypto analyst has predicted that Ethereum (ETH), the world’s second-largest cryptocurrency will surge to new all-time highs around the $8,000 price mark. However, for Ethereum to reach this ambitious price target, the analyst emphasized that the cryptocurrency must fulfill certain key conditions. Ethereum Road Map To $8,000 ATH A crypto analyst identified as ‘Bluntz’ on X (formerly Twitter) has expressed bullish optimism for Ethereum’s future outlook. The analyst forecasted that ETH could witness a mega rally to an $8,000 all-time high this market cycle. Related Reading Bluntz shared a video on June 8 via his official X account, highlighting…
TL;DRFull StoryWho knew the world needed this? Yesterday, investment managers REX Shares and Tuttle Capital Management launched two new exchange-traded funds (ETFs) that allowed – no, required – Bitcoin traders to double down on long or short positions. Here’s what we’re on about:With these two new ETFs that are now being offered, traders can get 200% worth of exposure either direction.So if Seb went out and bought $100 worth of ‘long’ shares, and then BTC went up by 10%, his return would be $20 rather than $10. BUT, if Seb purchased the same ‘long’ position BTC ETF, and BTC went…
Since the dawn of sport, athletes have built their legacy out on the playing field. We look up to their accomplishments; we hold on to their records, their milestones, and the countless moments that make up their wins. Starting in the 2010s, the introduction of social media transformed the playing field: giving us more access and insight into star players. A decade later, the emergence of NFTs gave fans and their favorite athletes a new way to connect. Now, blockchain-based collectibles and games are changing the way we see and engage with athletes: as fans increasingly have the tools to…
In the fast-paced world of Web3, few companies have made as significant an impact as Animoca Brands. In this investor update, we’ll explore the company’s financial results for the first quarter of 2024 and how its initiatives drive growth across various business functions. From a booking surge to effective cost management, Animoca Brands sets the standard for success in the Web3 space.Strong First Quarter Performance Drives Animoca Brands’ GrowthAnimoca Brands has kicked off 2024 with impressive financial results in its investor update, showcasing its ability to thrive in the evolving Web3 landscape. The company’s business highlights include key unaudited financial…
In 2021, streaming giant Twitch suffered a massive data leak when an anonymous hacker got access to the company’s server and private data, including the platform’s source code and payout reports for thousands of streamers. This incident highlights how even big, well-established platforms struggle to protect sensitive data. It’s a stark reminder of the ongoing risks in our digital world, especially for communities that rely heavily on real-time interaction and personal broadcasting. Such breaches put user privacy and financial security at risk, shaking the trust and safety of the entire gaming and streaming community. This op-ed is part of CoinDesk’s…
Pyth Network has launched Express Relay on mainnet, introducing a decentralized solution to the issue of Miner Extractable Value (MEV) in DeFi transactions.The Pyth Network provides real-time market data for blockchain applications, focusing on securely and inexpensively bringing latency-sensitive financial data on-chain.This new product connects DeFi protocols directly with a network of established searchers through protocol-controlled auctions, eliminating the role of miners and enhancing market efficiency. Searchers integrated with Express Relay include Flow Traders, Wintermute, Auros, Flowdesk, Caladan, Tokka Labs, and Swaap Finance.MEV issues for DeFiMEV traditionally allows miners or validators to capture most of the value from DeFi transactions…
TRON founder Justin Sun purchased 1,614 ETH as the approval of Ethereum ETF nears. Ethereum’s price action was looking bullish and it may hit the $3,300 level. The cryptocurrency market is turning neutral and seems to be recovering after a major decline. Despite the attempt at recovery, the market sentiment remains bearish. However, few investors are looking forward to the approval of the spot Ethereum [ETH] ETFs (Exchange-Traded Fund) as they started ETH accumulation. Justin Sun buys $5 million worth of ETH On 11th July, an on-chain analytic firm spotonchain made a post on X (previously Twitter) stating that TRON…
TL;DRIn Dec ‘23, Epic Games quietly updated their terms to allow players age 18+ to access web3 games via its store — and since then, 20+ web3 games have been launched.Full StoryImagine you came up with a god-level app idea…You go out to VCs. You show them a demo. They lap it up.They’re preparing to throw truck loads of cash at you, but before they sign the check — they ask:“Where’re you launching first? iOS, Android, or both?”You tell them: “Neither. I’m launching my own phone, operating system, and app store.”Those fat checks would go straight into the shredder.Why? Because…
