Author: Crypto News Live

Dione Protocol’s mainnet, Odyssey, will soon launch, featuring off-grid validator solution Orion, powered by over 3,500 Starlink satellites. The Dione token has a 96% circulating supply, with a team including the former lead developer from Fantom, ensuring stability and expertise. Dione’s blockchain is fully powered by renewable energy and can process up to 6,500 TPS, with potential scaling to millions through subnets. Dione Protocol, a Layer 1 blockchain, is preparing to launch Odyssey, its mainnet, which will include several ground-breaking features. The blockchain landscape is expected to undergo substantial changes as a result of this launch. $DIONE – 10 Reasons…

Two years ago, Non-fungible tokens (NFTs) captivated the world with skyrocketing prices and mainstream attention, but then the market snapped back and many said that NFTs were “dead.” They spoke too soon. This technology continues to proliferate on a global scale, reshaping entire industries. Even with the NFT market reaching sales volumes of nearly 200,000 NFTs worth over $191 million per day it’s easy to dismiss them as Internet culture toys due to headline grabbing projects like CryptoPunks and Bored Apes. You’re reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Mainstream gaming is ripe for direct community involvement, and web3 governance through decentralized autonomous organizations, or DAOs, is the way to solve this. Consider the controversy surrounding Helldivers 2 and its eventual resolution. You might also like: AI will save web3 gaming’s competitive landscape | Opinion Helldivers 2 is the biggest hit of the year in gaming so far. The cooperative third-person shooter was launched on Steam and Sony PlayStation by ArrowHead Studios, a relatively unknown indie…

Matter Labs, the main development firm behind the layer-2 network ZKsync, has introduced a new roadmap called ZKsync 3.0, aimed at making the ecosystem more interconnected – including a new “Elastic Chain” that somewhat resembles rival Polygon’s AggLayer, released earlier this year. At the core of ZKsync “3.0” is the v24 upgrade, released June 7, turning “ZKsync from a single ZK chain into an Elastic Chain,” the Matter Labs team wrote in a blog post shared with CoinDesk. This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single…

TL;DRCold wallets are physical devices (kind of like USB sticks), specifically designed to store digital assets (crypto, NFTs etc.) – with pros and cons (but mostly pros). Full StoryTime to talk about something near and dear to our hearts…cold storage wallets.Cold wallets are physical devices (kind of like USB sticks), specifically designed to store digital assets (crypto, NFTs etc.).Why take your digital assets offline? Mainly because, by being disconnected from the internet, it’s really difficult – almost impossible – to hack. Think of cold wallets like digital safes — the crypto stored on them is only accessible when the device…

In previous years, the name Polkadot was rarely mentioned in the same breath as the dedicated chains that have sprung up to cater for the demands of GameFi. But quietly, web3 gaming has begun to flourish on Polkadot’s Substrate-based family of chains. Leading the charge is Mythical Games, which is flying the flag for GameFi on Polkadot and beyond. Gaming on a General Purpose Chain While gaming was always envisaged as one of the use cases for Polkadot, it was typically cited alongside more established use cases such as DeFi and enterprise applications. Today, Polkadot is used for all these…

Sonic, the first gaming Layer-2 (L2) infrastructure on Solana, has achieved two major milestones with its recent launch. Within one week of starting the Sonic Testnet Odyssey, the platform reached over 100,000 unique wallets and processed 17 million transactions. This achievement highlights the potential of the Sonic protocol, designed to enhance gaming on the Solana blockchain.Sonic BreakthroughSonic stands out as the first atomic Solana Virtual Machine (SVM) Layer-2 built for gaming. It offers various features to support game development and execution on Solana, such as customizable gaming tools, a sandbox environment, and flexible data types. With these features, Sonic aims…

As links between the blockchain and real life, oracles bring in outside data to enhance the use and relevance of smart contracts. Of them, Pyth Network has a lot of potential. It guarantees quick and correct price information by tying blockchain applications with market data providers. Pyth has recently made some remarkable strides, broadening its market and beginning to seriously challenge Chainlink, the industry leader. These advancements show how significant Pyth is becoming and suggest that it may completely change the blockchain oracle space. Closer Look at Pyth Network The Advanced Oracle protocol Pyth Network connects blockchain applications with market…

CryptoPunks topped CryptoSlam’s daily NFT chart on Tuesday with US$1.34 million in sales. This surge in sales was driven by six unique buyers and sellers, with an average price of US$224,950 per NFT. The collection’s performance pushed its all-time sales volume to US$2.85 billion, third in the industry behind Axie Infinity and Bored Ape Yacht Club. The second-ranking collection for the day was NodeMonkes, a Bitcoin collection that saw a total of US$881,042 in sales across 84 transactions, involving 72 unique buyers and 60 sellers. This performance marks an increase from the previous day’s sales of US$428,913. Coming in third,…

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a note to investors that the Spot Ethereum ETFs could record $15 billion in net inflows in their first 18 months of trading. He elaborated on how he arrived at these figures to show that it wasn’t just a guess. First, Hougan highlighted the market capitalizations of Bitcoin and…