Author: Crypto News Live

The Move to Ronin BlockchainLeaving Arbitrum BehindMMORPG Forgotten Runiverse, known for its item crafting, PvE quests, and PvP gameplay, is taking a significant step by migrating from Arbitrum to Ronin, establishing Ronin as the premier destination for Web3 games. Initially built on Arbitrum, another Ethereum scaling network, Forgotten Runiverse now joins other games like Kaidro and Pixels in making the switch to Ronin.A New Home on RoninThe transition to Ronin signifies a substantial leap forward for Forgotten Runiverse, as it embraces a network that aligns with its vision of fostering a tight-knit community engaged in shared experiences. Based on the…

Ethereum whales are actively accumulating, with recent large transactions signaling renewed confidence. Anticipation of Ethereum ETF approval drives significant institutional inflows, suggesting bullish sentiment. Ethereum’s [ETH] price increase has triggered heightened activity among large holders, commonly known as whales. Following a week of downward momentum, ETH’s price has seen a resurgence, leading to substantial transactions by whales. As of the time of writing, Ethereum was trading at $3,113.58 with a 24-hour trading volume of $14,340,649,075, according to CoinGecko. This was reflected in a 1.07% price increase over the past 24 hours, although the cryptocurrency has experienced a -7.46% decline over…

Web3-based MMORPG Forgotten Runiverse is migrating from Arbitrum to Ronin, as announced today. This development helps to solidify Ronin as the premier destination for Web3 games. All game-centric NFT collections will migrate to Ronin, including Forgotten Runiverse Real Estate, Game Items, and Watcher’s Rings. The game will be available on the Epic Game Store later this year, with plans for mobile optimization. “The Forgotten Runiverse team has dedicated over three years to crafting a full MMORPG built for mass-market adoption that’s free-to-play on mobile and computers,” commented Sky Mavis CEO and co-founder, Trung Nguyen. “The Forgotten Runiverse’s vision of building…

TL;DRYesterday morning, the German gov. offloaded another 3,100 BTC (~$178M), and have a tidy 26,000 BTC (~$1.5B) left to go…but somehow, the crypto markets went up during trading hours.Full StoryYou know your older cousin’s childhood friend, Kaylen? The one who would constantly put his body on the line to perform daring stunts, all in hopes of a quick laugh — and would somehow walk away scratch free, every time?No? That’s a highly specific anecdote which is clearly based on our own lived experiences?Well, even so — you know the ‘Kaylen’ archetype.Right now, Bitcoin and most of the other major crypto…

An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to offload their holdings. This comes amid a recent prediction by research firm Matrixport that Ethereum’s price could significantly rebound from its current price level.  Ethereum Whales Transfers 11,215 ETH Onchain data shows that the Ethereum whale transferred 11,215 ETH ($34.3 million) to the crypto exchange Coinbase. A trader usually makes such a move when selling these tokens, and considering the amount of tokens involved, such a sale could significantly impact ETH’s price. However, data from the market intelligence platform IntoTheBlock shows…

Crypto gaming startup Jungle announced Wednesday that it is developing its new mobile first-person shooter game For The Win (FTW) on the Solana blockchain, the firm shared exclusively with Decrypt’s GG. For The Win is a speedy, team-based hero shooter that is currently in early alpha testing in South America, where it has attracted over 100,000 downloads in its first month of availability. Jungle plans to utilize the Solana blockchain to implement features that reward players based on their in-game performance, aiming to incentivize user acquisition and benefit power users. The team pointed to Solana’s speed and user experience as…

ShardLab, the blockchain arm of global Web3 venture capital firm Hashed, has introduced a new web application to simplify decentralized identity (DiD) and NFT voucher distribution. By using technologies like account abstraction (AA) and zero-knowledge proofs (ZK), the app aims to enhance security and usability for everyday transactions.Successful Demonstration at SEABW 2024The app’s launch follows a successful Southeast Asia Blockchain Week (SEABW) 2024 demonstration. During the event, attendees at ICONSIAM, a large shopping mall in Bangkok, experienced the practicality of blockchain technology firsthand. Over 60 restaurants and shops integrated the NFT vouchers with their point-of-sale (POS) systems, enabling efficient transactions.ShardLab’s…

Interest in staking Ethereum surged significantly over the past few days. Network growth for ETH fell materially despite the surge in price. Over the last few days, Ethereum [ETH] has seen massive volatility in terms of price movement, which has impacted sentiment around the token significantly. Interest in Ethereum staking surged The ETH2 Beacon Deposit Contract, the backbone for staking deposits in Ethereum 2.0, has reached a new peak, locking in a whopping 47.36 million ETH. This represents a significant chunk of the total supply, amounting to 33.9%. The value is more than triple the amount staked just two years…

Oasys has joined forces with retro game company Edia Corporation to bring iconic characters and titles from the world of classic video games into the world of Web3 gaming. This collaboration aims to recreate and revitalize 139 retro game IPs held by Edia using the Oasys blockchain gaming infrastructure.A Nostalgic Journey Through 80s and 90s GamingWith more than three decades of experience in the gaming industry, Edia holds an extensive library of retro game IPs that have delighted players since the 1980s and 1990s. These include popular titles like Gaiares, a horizontal-scrolling shooter initially released in 1990 as a cartridge…

Polygon’s NFT sales volume surpasses Bitcoin (BTC) and Solana (SOL) as the non-fungible token (NFT) market gains momentum. According to data provided by CryptoSlam, the total NFT sales increased by 27% in the past 24 hours, reaching $18.21 million. The surge comes while the total number of transactions declined by 7%, currently sitting at 351,319. This movement might show heightened whale activity in the NFT sector. NFT sales volume by blockchain – July 10 | Source: CryptoSlam Moreover, Ethereum (ETH) has been leading the NFT scene since late May. Per CryptoSlam data, the NFT sales volume increased by 24% over…