Author: Crypto News Live

SFT Protocol, a blockchain protocol enabling dApps to access real-world data, has announced an exclusive development. As per the company, it has conducted the sell-out of Titan Network Phase III hardware infrastructure under the SFT Chain by burning up to 20,000 rSPD tokens. The platform took to its official account on X to reveal this move. 🔈 Today, we’re excited to announce the sell-out of SFT Chain’s Titan Network Phase III hardware infrastructure, with 20,000 #rSPD burned! 🚀 Thank you for your tremendous support. SFT Chain remains committed to exploring new projects, fostering innovation, and creating… pic.twitter.com/UGI1dPxAA0 — SFT Protocol…

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Buterin’s transfer amid market downturn sparked speculation on ETH’s sentiment impact. ETH held steady with moderate losses, contrasting sharply with other cryptocurrencies’ declines. Ethereum [ETH] co-founder Vitalik Buterin sparked intense speculation within the crypto community with a significant transfer. Many investors assumed that Buterin was making a strategic move or possibly selling some of his holdings.  Clearing the air around Buterin’s move However, things got clear when Wu Blockchain shared more details.  Source: Wu Blockchain/X Interestingly, Buterin’s move coincided with a broader market downturn, as the global crypto market cap hit $2.05 trillion at press time, down 2.67% in the…

Play-to-earn (P2E) games quickly came on the scene, but they failed. Why? P2E games tried to bring gamers into crypto, which we’ve all learned is not the key to trust nor mass adoption. Instead, the focus has shifted. Give crypto-enthusiasts what they want: a way to earn crypto quickly and easily. While traditional P2E models often require complex gameplay and significant time investments, so-called “Tap-to-Earn” games offer a more accessible and engaging approach. By utilizing the social layers, such as Telegram, that live at the hands of consumers and tap into (no pun intended) where people already spend their time,…

Solayer’s integration enhances Solana’s security with a shared-validator-as-a-service model, boosting decentralized app reliability. OKX expands blockchain utility by offering tailored blockspace solutions, catering to diverse developer needs. This move reinforces OKX’s commitment to innovation, fostering a robust digital economy with advanced blockchain functionalities. OKX, a prominent Web3 technology firm, announced the integration of Solayer into its OKX Wallet, effective immediately. Solayer, a pioneering restaking network native to Solana, capitalizes on Solana’s robust economic security and rapid transaction processing capabilities. This collaboration enables OKX Wallet users to engage with advanced decentralized cloud infrastructure, offering heightened consensus mechanisms and tailored blockspace solutions…

Cardano has reached a milestone in its blockchain development by implementing a Plutus script to validate CIP25 metadata. Sebastien Guillemot, co-founder of Paima Studios, announced this breakthrough, which looks to be a key advancement for the Cardano ecosystem.CIP25 is a standard that outlines how NFT information, such as names, images, and URLs, should be defined within transaction metadata on the Cardano blockchain. However, a longstanding issue has been the inaccessibility of transaction metadata from Plutus, which has limited the functionality of decentralized applications (DApps) that rely on stateful NFTs, such as gaming and Automated Market Makers (AMMs).Details of the New…

The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump, which seems plausible since the German government only sells BTC and not ETH, and Mt. Gox doesn’t own any ETH either. But what if Ethereum has its very own “Mt. Gox“? Is The Ethereum Price Suppressed By Golem? Chinese crypto journalist Colin Wu (@WuBlockchain) first…

The following is a guest post from Ian Kane, Head of Partnerships at Midnight Network. In today’s globalized economy, supply chain transparency is paramount. Consumers demand to know the origin of their products, regulatory bodies require stringent compliance, and companies need to ensure the integrity of their supply chains. Traditional methods of managing and verifying supply chains are often cumbersome, opaque, and prone to fraud. Enter blockchain technology and Zero-Knowledge Proofs (ZKPs), which offer innovative solutions for enhancing transparency while maintaining privacy and security. This article explores the transformative potential of Zero-Knowledge Proofs in supply chain transparency and why this…

On July 9th at 1 PM UTC, the highly anticipated Moku NFT sale will go live on the Mavis Launchpad. This event marks the debut of Moku’s first collection, featuring Moki Eggs that will reveal unique Moki NFTs. The rarity of the egg will determine the likelihood of obtaining a rare Moki, making this sale an exciting opportunity for collectors and enthusiasts.Key Details of the Moku NFT SaleThe sale will be conducted in two stages: Allowlist and Public. A total of 8,888 Moki NFTs will be available, each priced at 55 RON. Moku HQ, the team behind the NFT sale,…

Amitt Mahajan—founder and CEO of Proof of Play, the developer of crypto game Pirate Nation—predicts that eventually there will be thousands of dedicated blockchains that each support individual applications. This comes after his experience building the viral Facebook game Farmville. During his time developing the casual farming simulator, Zynga operated approximately 64 databases simply to prevent the game from crashing. To Mahajan, the blockchain is just an advanced database. “At peak, [Farmville] was at about 30 million daily active users. So in order to scale a game to that, we had like 64 databases,” Mahajan told Decrypt’s GG. “In this…