Author: Crypto News Live

TL;DRThe co-founder of Jupiter, Meow, just posted a proposal about changing the tokenomics of JUP by reducing the total supply from 10B to 7B JUP tokens.Full StoryThe co-founder of Jupiter, Meow, just posted a proposal about changing the tokenomics of JUP.👆 If you thought that sentence meant something about an interplanetary cat with money, we got you (although it’s not that far from the truth). Here’s what it means:JUP is the token that powers the Solana-based decentralized exchange aggregator, Jupiter. Meow, Jupiter’s co-founder, just proposed that: instead of having a total supply of 10 Billion JUP tokens, the total supply…

Patrick Bet-David, founder and CEO of Valuetainment, says blockchain can greatly improve voting systems around the world. With the world changing so much amid artificial intelligence (AI), blockchain and Bitcoin, Bet-David wonders if new technology is what the world needs to improve the outdated voting process. It’s not only so as to improve voting systems in terms of transparency and accessibility, but to also get more people to develop confidence in these elections and their results. The entrepreneur shared his thoughts in a YouTube video. Highlighting blockchain as “a shared immutable ledger that facilitates the process of recording transactions and…

Digital asset manager Bitwise has launched its first spot Ether exchange-traded fund (ETF) commercial, allowing viewers to mint the 39-second clip on Ethereum. This initiative combines traditional finance advertising with NFTs.The advertisement for Ethereum highlights its round-the-clock functionality in contrast to the restricted operating hours of traditional finance. Taking inspiration from an Apple commercial from the early 2000s, it depicts a young man as the symbol of Ethereum and an older man dressed in business attire and a nightgown representing “Big Finance.”As the day comes to an end and “Big Finance” prepares for bed, the Ethereum representative showcases the constant…

1KIN Labs is a pioneering force in the Web3 gaming landscape, bridging the gap between decentralized gaming platforms and traditional gaming experiences. Founded with a vision to unify the fragmented world of Web3 gaming, 1KIN Labs has swiftly emerged as a central hub for discovering, accessing, and enjoying a diverse array of blockchain-based games. 1KIN Labs fosters a growing and interoperable gaming ecosystem, leveraging a next-generation platform that connects gamers with some of the world’s best decentralized, community-driven titles. Offering nearly infinite possibilities, a top-tier catalog, early game access opportunities, and tangible rewards, 1KIN Labs allows players to manage their…

ZettaBlock, an industry-leading, institutional-grade Web3 data infrastructure platform, is proud to announce a new collaboration with the Stellar Development Foundation, the organization that supports the development and growth of the Stellar network, known for facilitating open and accessible financial transactions. This integration is set to redefine the landscape of blockchain development, offering a streamlined path for developers to create not just any Web3 application, but powerful> We’re committed to making Stellar the highest quality network for developers to build on, and this integration with ZettaBlock furthers this initiative. By leveraging ZettaBlock’s advanced indexing, real-time data, and analytics capabilities alongside Stellar’s…

Industry giant BAYC is reportedly on the verge of collapse. This comes after BAYC declined from 150Ξ to 8Ξ. A total of two factors have been identified as core reasons behind this decline: minting at a bonding curve price and the departure of Gordon Goner, the original founder of the NFT collection. BAYC sold out all its 10,000 units in May 2021. Every unit went out for 0.08Ξ. The unique monitoring process was necessary because minting NFTs at the end was becoming increasingly costly. BAYC decided to rectify that by introducing a fixed mint price. Thereby, reinforcing the 10K model.…

Data showed that the latest upgrade could tank BNB Chain’s revenue. Broader trader sentiment was positive, suggesting that BNB’s price can retest $600. On the 20th of June, BNB Chain, the decentralized blockchain ecosystem released a major update. According to the chain, through BEP 336, users on the network can make transactions with a 90% fee reduction. The disclosure is synonymous with Ethereum’s Dencun upgrade, which brought about a decrease in gas fees. Interestingly, BNB Chain did not deny that the EIP4844 inspired it. Concerning this it explained that, “BEP 336 significantly lowers the cost of transactions on the BSC…

The Unioverse Proving Grounds Tournament, organized in partnership with Forge.gg, is nearing its conclusion, with the final event scheduled for June 21st. This event has received big interest within the gaming community, offering a prize pool of $5,000 in USDT and various other rewards for the game’s fastest runs.Unioverse and The Proving GroundsUnioverse, a Web3 gaming platform, offers players and creators shared ownership of assets within a science fiction universe. The Proving Grounds, an alpha third-person shooter and level builder, is the first game to showcase this interoperable Unioverse Game Content.Through blockchain technology and community-driven development, Unioverse aims to promote…

Ethereum layer-2 blockchain Mode has officially integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) today as its interoperability standard. The integration provides Mode with Chainlink’s interoperability features, including Programmable Token Transfers and cross-chain Arbitrary Messaging, which are essential for a diverse range of decentralized finance (DeFi) and real-world asset (RWA) applications. “Choosing the only interoperability solution with level-5 security as canonical cross-chain infrastructure can accelerate the long-term growth and adoption of Mode,” stated James Ross, Core Contributor at Mode. Ross also highlighted the importance of Chainlink CCIP’s advanced features and the ease of deployment for developers within the Mode ecosystem. Chainlink’s CCIP…

TL;DRArweave is taking its established decentralized file storage system and applying it to AI-compute (where, instead of buying storage, users can buy access to computing power).Full StoryIn the early 2000’s Amazon had a major revelation…They’d built a giant server farm which managed all of their data and compute power — which is famously hard to do from scratch.This gave Amazon an edge. If anyone wanted to compete with them, they had to figure out how to scale their compute systems.But Amazon’s revelation inspired them to give their edge up completely.They took what they’d created → then shifted its access from…