Author: Crypto News Live

Recently, Nanon, a pioneering blockchain platform designed specifically for Web3 gaming, has taken a significant step forward by forming a strategic alliance with XSTAR. This collaboration marks a significant development in the gaming sector, aiming to integrate cutting-edge technologies to redefine how games are played and experienced. Nanon, known for its modular blockchain infrastructure, has been at the forefront of addressing the specific needs of the gaming community. This platform provides developers with the tools necessary to create decentralized games that are not only fun but also secure and scalable. By leveraging its unique capabilities, Nanon has created an ecosystem…

MapleStory, a beloved MMORPG with over two decades of history, is set to embark on a new adventure in Web3 gaming. Nexon Group, the developer behind this iconic game, has announced the launch of MapleStory Universe, integrating blockchain technology to enhance the gaming experience. This chapter aims to bring new and exciting things to the classic game with new features and community engagement.History and Legacy of MapleStorySince its debut in 2003, MapleStory has captivated millions of players worldwide with its engaging 2D side-scrolling gameplay. Originating in South Korea, the game quickly became a cultural phenomenon, amassing over 260 million players…

Financial service providers Dana and LinkaAja are exploring avenues for potential collaboration in the coming months to bring Indonesia’s payment ecosystem at par with global leaders. At a forum in Jakarta, Indonesia, representatives of both firms expressed a willingness to share resources for the greater good while hinting at a wholesale embrace of emerging technologies. Top-tier executives from both companies pointed at artificial intelligence (AI) and blockchain technology use cases in finance that are subject to government policies. Dana’s Chief Technology Officer Norman Sasono and LinkaAja’s Chief Commercial Officer Rendy Nugraha shared the stage during the Asian Banking and Finance…

The EU’s Markets in Crypto-Assets Regulation (MiCA) stablecoin rules are scheduled to take effect in just over one week. However, Berlin-based RWA tokenization platform Swarm Markets has identified a potential solution by issuing a gold-backed NFT as an asset-backed token. Swarm Markets intends to enable individuals to acquire NFTs, which represent tangible gold ownership. There will be a London-based Brink’s vault where the gold bars that support the tokenized assets will be stored. Swarm’s decentralized over-the-counter (dOTC) platform will enable users to exchange NFTs on a peer-to-peer basis. This is following a know-your-customer (KYC) formality, along with an anti-money laundering…

TL;DRFull StoryIf you buy crypto with your own money, it’s up to you when you sell.If you buy crypto with borrowed money (aka: leverage), it’s up to your lender to decide when you sell.…and anyone with an internet connection can see where these ‘forced selling points’ are accumulating, using something like CoinAnk.So, say Bitcoin is sitting around $64k, and there’s a hundreds of millions of potential forced selling that will take place around $61k… Large BTC holders (aka: whales) are incentivized to sell a big chunk of their holdings → push the price down to $61k → trigger these forced…

Earn Alliance, a prominent Web3 game aggregator, has announced a strategic partnership with Sky Mavis, the creators of the Ronin blockchain. This collaboration aims to integrate Ronin’s games into Earn Alliance’s platform, enhancing the gaming experience for both communities.Ronin’s games joining Earn Alliance’s gamified engagement platform is a big step in their Web3 gaming journey giving game developers new opportunities and support in the Web3 gaming space.Ronin Week: Spotlight on Web3 GamingTo celebrate this partnership, the two companies are launching “Ronin Week,” a week-long event (June 24th-30th) designed to spotlight the dynamic games on Ronin and attract new users where…

Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according to its relative value. AI Depin Project Grass to Rely on Solana for Rewards Distribution and Data Origin Tracking Grass, an artificial intelligence (AI) Decentralized Physical Infrastructure Network (Depin) project that leverages computers to scrape data, has announced the inclusion of Solana in its data collection and reward distribution processes. Recently, the…

Analyst warns that ETH could dump to $2.4K after ETF launch  Another market observer blamed macro conditions, BTC and SOL, for ETH’s negative sentiment.  Expectations of the Ethereum [ETH] ETF have been low, and analysts have had mixed views on the topic.  As of press time, ETH retreated to a low of $3.2K, an 18% drop from its recent high of $3.9K after the partial approval of ETFs in late May.  With only days to possible ETF launch, Andrew Kang, founder of crypto fund Mechanism Capital, expected ETH to drop further to $2.4K. Part of his recent analysis read,  ‘Before…

Neo has announced a new partnership with Phoenix, a decentralized AI infrastructure provider. The two entities will collaborate on exploring how AI can accelerate blockchain technology and drive mass adoption on Neo X. The Phoenix ecosystem comprises two main components: SkyNet and Phoenix LLM. SkyNet is an elastic computer layer capable of providing and scaling workflow tools, quick deployment features, and AI compute. Phoenix LLM is a customizable large language model platform that can process and generate text similar to that produced by humans. The Phoenix team aims to build solutions that apply to the following verticals: markets and trading,…

TL;DRFull StoryYou know that scene from S3E4 of It’s Always Sunny In Philadelphia?The one where Frank pushes one of the McPoyle brothers off a roof?…but then the camera zooms out showing it was less than a one story drop, and we (as viewers) learn that McPoyle was never in any real danger.Yeah, well there’s a lesson to be learned there: When in doubt, zoom out.The crypto markets feel like they’re in a tough spot right now (and they could well be), but before we go and hit the panic button — which we’ll do in the next article — let’s…