Author: Crypto News Live
One of the big players in the cryptocurrency wallet space – Coin98 has been making great strides and improving user experience when communicating with different blockchain networks. In its latest update, Coin98 has integrated X Layer, an innovative decentralized Ethereum Layer 2 solution, into both its Super Wallet and browser extension platforms. This strategic addition not only broadens the accessibility of Layer 2 solutions for its users but also cements Coin98’s commitment to facilitating seamless interactions across diverse blockchain ecosystems. Coin98 integrates @XLayerOfficial, connecting users to various Layer 2 Blockchain options.Update #Coin98 Super Wallet and start exploring today 👉 https://t.co/ZqQsRDm4MALearn…
The Japanese village of Yamakoshi is utilizing non-fungible tokens (NFTs) to address the challenge of an aging population by raising awareness of the issue and generating nearly half a million dollars along the way. The village is offering digital citizenship to holders of its digital collectibles, the Nishikigoi NFT collection, named after a koi carp breed indigenous to the region. Since the collection’s launch in 2021, at the height of the NFT craze, Yamakoshi has attracted just over 1,700 digital citizens to bolster its dwindling population figures. To date, the collection has netted the little village around $423,000 with the…
TL;DRThe SEC just filed a lawsuit against Consensys (creators of MetaMask), claiming that their staking services are “offered and sold as investment contracts and [are], therefore, securities.”Full StoryIf you grew up with a younger sibling, you’re probably familiar with the following sort scenario:Mom tells you to stop hitting each other → but you still have vengeance to lay down → so start destroying your siblings toys.(Sure, you just ripped the head off Eric’s beloved childhood teddy bear…but you’re still abiding by mom’s ‘no hitting each other’ decree).Well, turns out old habits die hard.The SEC may have stopped going at the…
Selling pressure on Ethereum was high in the last week. Market indicators were bullish on the token. Ethereum [ETH] finally gained bullish momentum at press time. If the latest data is to be considered, then ETH might be getting ready to reach new highs by the end of this year. Let’s take a closer look at what’s going on. Ethereum to breakout soon AMBCrypto’s look at CoinMarketCap’s data revealed that ETH’s price increased by over 2% in the last seven days. In the last 24 hours alone, the token’s price surged by more than 3%. At the time of writing, ETH…
Blockchain technology and artificial intelligence (AI) can be used to combat illicit activity, according to Nigeria’s Economic and Financial Crimes Commission (EFCC) chair, Olanipekun Olukoyede. The stakes are high for Africa. The continent loses a substantial $88.6 billion annually to illegal fund flows. According to The Guardian, Olukoyede expressed concern that these funds could be better utilized for essential infrastructure, healthcare, and education. A statement from the Commission’s spokesperson, Dele Oyewale, indicated that Olukoyede made this revelation in Tunis, Tunisia, during a keynote address at the Pan-African Conference on Illicit Financial Flows and Tax evasion. The conference brought together key…
Ethereum poised to have a positive quarter ahead according to new research. AI tokens dominated in the social space and performed positively YTD. Ethereum [ETH] and AI tokens have had a positive run over the last few months. Interestingly, Grayscale Research believes the upcoming quarter will be heavily influenced by the recent approval of spot Ether exchange-traded products (ETPs) in the U.S. market. This is a significant development as the Securities and Exchange Commission (SEC) greenlit Form 19b-4 filings in late May, allowing several issuers to list these Ether ETPs on U.S. exchanges. ETPs to help ETH Grayscale’s market analysis…
X World Games has announced a new partnership with Bi.social, a leading Web3 social trading platform. This partnership aims to enhance the user experience for gamers and traders in the Web3 space. 📢 Wooo ! We’re thrilled to announce our #partnership with @Bitislands_🔥Web3 leading Social Trading Platform!⚡️Register at https://t.co/YTvho9l5xu for daily small cap coins recommendation and win #vBIS!#XWG #gamefi pic.twitter.com/btfCCONQhl — X World Games (@xwg_games) June 29, 2024 Bi.social Enhances X World Games User Experience Bi.social is a social reference model which is relevant to the Web3 ecosystem. They provide some features which allow using Web3 soft tools more conveniently…
TL;DRThe official $FLOKI token is only available on the BNB and ETH chains, however a ton of official sounding ‘FLOKI’ tokens have popped up on both Solana and Base which may lose trust in the official FLOKI project. Full StoryFloki Inu has been on a journey.It was first launched in July 2021, inspired by Elon Musk’s pet dog, Floki.Then, what started as a memecoin, ended up surpassing 417,400 holders on the BNB Chain; and launched a rewards program, letting holders claim a percentage of interest rewards, followed by an extended roadmap for 2024.Now they’re facing a new issue which they’re…
An exchange flow metric showed that the local bottom might be in for BTC, ETH. The market sentiment was not bullish and holder behavior at crucial support levels would be key for the next price move. Bitcoin [BTC] and Ethereum [ETH] bulls struggled to shift the market dynamic in their favor. The large losses of the past ten days meant that the price was back at a support zone where buyers are expected to halt the sellers. Ethereum’s MVRV and NVT ratios showed the asset might be undervalued. The liquidity pocket at $3500 could see a short squeeze, but momentum…
Base, a famous Ethereum L2 chain offering a cost-effective, secure, and developer-friendly environment for on-chain development, has announced a new move. As per the company, it has effectively executed the Multi-Chain Prep update to reach near the establishment of a Superchain with interoperability. The platform revealed this endeavor on its official social media account on X. Today, we implemented the Multi-Chain Prep upgrade that takes us one step closer to an interoperable SuperchainChains that have completed this upgrade will all run the same code under the hood, enabling consistent upgrades and strengthening securityhttps://t.co/cbLf4OI9jA — Base (@base) June 28, 2024 Base…
