Author: Crypto News Live
Ethereum gaming platform Immutable announced Tuesday that it has partnered with Marblex, the blockchain gaming arm of South Korean gaming giant Netmarble, with the parties collaborating to migrate the Marblex ecosystem and its top games to Immutable zkEVM. Ni no Kuni: Cross Worlds, A3: Still Alive, and Meta World: My City will migrate from layer-1 Klaytn blockchain to Ethereum layer-2 network Immutable zkEVM, which is powered by Polygon’s zkEVM scaling tech. “This is one of the most significant partnerships we’ve made to date,” said Immutable co-founder and President Robbie Ferguson, in a release. “South Korea is an exciting hub of…
TL;DREarlier this week, a Bill was introduced to allow US residents to pay their federal tax payments in BTC (which tells a larger, more positive story).Full StoryRemember when Uber first came out? It started as a high end service that no one really used, and which operated in the ‘grey area’ of the law. Now, 15 or so years later, many people in the world couldn’t live without it. That’s the kind of transition Bitcoin is starting to see — and this latest proposed Bill backs that up.Earlier this week, Republican House Representative, Matt Gaetz, introduced a Bill to allow…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. With only 0.5% of the global population using blockchain technology, blockchain’s notoriously poor user experience (UX) remains a major bottleneck to adoption. However, a transformative solution is emerging: account abstraction, a design philosophy that drastically simplifies how users interact with blockchain ecosystems, making complex and foreign processes more familiar. You might also like: Web3 adoption would be impossible without intuitive UX and convenience | Opinion This approach dates back to 2016 and has taken root across Ethereum,…
The village of Yamakoshi, nestled in the Niigata mountains of Japan, has found a creative way to support its development and sustain its ageing population using NFTs. The Neo-Yamakoshi Village project, started in 2021, has attracted 1,700 “digital citizens” who purchased Nishikigoi NFTs, raising over $423,000. This innovative approach combines digital assets and decentralized governance to tackle challenges faced by rural communities in Japan, according to a report by the Yuri Group.NFTs and Digital GovernanceThe Nishikigoi NFT collection, named after the colourful breed of koi carp, serves as an identifier for Yamakoshi’s digital citizens and a governance token. These tokens…
US spot ETH ETFs could hit $15 billion in net flows in the next 18 months Despite the high chances of the ETF launch next week, more traders have shorted ETH. Despite some analysts’ overwhelming low expectations for the US spot Ethereum [ETF], Bitwise CIO Matt Hougan projected that the products will succeed. Hougan estimated the products could hit $15 billion in net flows in less than two years. “Ethereum ETPs will attract $15 billion in net flows in their first 18 months on the market.” Ethereum ETF: Why flows could hit $15B in 2025 Hougan’s argument was based on…
Orderly Network has just announced an upgrade to its Ethereum Virtual Machine (EVM) platform. It brings several new features and improvements. Mainly this upgrade has covered the significant features like trading stability, effectiveness and bid levels for the specific orders. We just upgraded our EVM Platform! 🚀Some of the upgrades include the following:✅ Support bid/ask level for bid/ask orders✅ Support post_only_adjust for post_only orders✅ Enhanced Fee Split Service – now handles 4x more trades✅ Accelerated Deposit Process pic.twitter.com/52o7Zx56SI — Orderly Network (@OrderlyNetwork) June 25, 2024 Orderly Network Enhances Bid/Ask Levels for Accurate Orders Among them, an enhancement to the bid/ask…
The final Ethereum ETF approval has signaled rising institutional interest. State Street and Galaxy Digital’s collaboration has expanded ETF options beyond Bitcoin, boosting crypto adoption. As we approach the much-anticipated approval of spot Ethereum [ETH] Exchange Traded Funds [ETFs], projected for a launch on the 4th of July according to a Reuters report, the market is not responding favorably. According to CoinMarketCap data, Bitcoin [BTC], along with all major cryptocurrencies, were displaying red candlesticks on their daily charts at the time of writing. However, price action is not the only metric that reflects investor interest. Surge in institutional interest for…
Today, Outlier Ventures, a leading global Web3 accelerator, and peaq, the layer-1 blockchain for DePIN and Machine RWAs, announced the six teams selected to participate in the DePIN Base Camp accelerator program. These teams will receive investments from Borderless Capital. It is a top venture capital firm in the DePIN space. DePIN Base Camp Boosts Wireless Network Optimization and Cybersecurity Currently, the DePIN Base Camp has selected six first-round startups that develop products in the IoT hardware networks, decentralized computing and AI, wireless network optimization, cybersecurity, digital twin technology, and cloud gaming and Metaverse. AYDO is improving DePIN protocols through…
TL;DRFull StoryGood news! Fresh upward momentum is expected to hit the crypto market tomorrow.Here’s why:Friday is the last trading day of the quarter — and traders have a habit of buying options that expire on these days.Option trades are exactly what they sound like: An option to buy or sell an asset (in this case Bitcoin and/or Ethereum) at a certain price in the future. Options to buy an asset are known as ‘calls,’ while options to sell are known as ‘puts.’(Why? No idea ¯\_(ツ)_/¯ probably because it makes traders sound smart).Right now, roughly 27% ($2.7B worth) of the $10B…
In the Netherlands, we have a saying: “Meten is weten,” which, literally translated, means “measuring is knowing.” We prefer to look at situations directly, because only then do we know what we’re up against — and what needs to be changed. And it does not take much measuring of Crypto Twitter to know that we are deep in the L2 hype cycle. The sense is that L2 blockchains are more user friendly, safer and better for scalability, and we (as a collective) should focus on their development. Forgive the directness — but that’s a mistake if we want Web3 adoption…
