Author: Crypto News Live

Ethereum’s price increased by nearly 3% in the last seven days.  Selling pressure on ETH continued to remain high.  While most cryptos’ prices were declining, Ethereum [ETH] decoupled from the market as it went the other way. In fact, the king of altcoins was outshining Bitcoin [BTC] on a key front, which hinted at a bull rally in the coming days.  Ethereum beats Bitcoin CoinMarketCap’s data revealed that ETH bulls stepped up their game over the last seven days as the token’s price increased. The token’s daily chart also remained green as it moved up marginally. At the time of…

Prague, Czech Republic — Marinade, Solana’s pioneering non-custodial liquid staking protocol, has launched the Stake Auction Marketplace (SAM), an innovative public auction platform. SAM allows validators to bid for staked SOL, aligning the interests of SOL stakers, validators, and the broader Solana ecosystem.—What is SAM? SAM revolutionizes staking by enabling Marinade users to earn all staking rewards while boosting yields. Traditionally, stakers must manually track validator performance, risking security and rewards when validators underperform or change commissions. Marinade V2 addresses these issues, making staking simpler, safer, and more accessible.Key Features of the Stake Auction Marketplace (SAM)Automated Delegation: Stakers can automatically…

ChainGPT, a leading AI-powered Web3 infrastructure provider, has integrated its AI NFT Generator with OKX’s X Layer, a prominent crypto exchange and Web3 technology company.— This collaboration aims to streamline and scale NFT minting through X Layer’s Layer-2 solution. By leveraging ChainGPT’s robust AI NFT Generator, developers and creators can efficiently produce and mint AI-generated artworks within OKX’s ecosystem. ChainGPT’s AI NFT Generator has already generated over 22 million digital artworks, establishing itself as a preferred platform for AI-generated NFTs. The integration with X Layer enhances accessibility to digital art creation and NFT minting, empowering a broader audience to participate…

Ethereum’s Open Interest has decreased, potentially easing market tensions. The asset’s price shows signs of recovery, with a current rise to $3,585. In recent developments within the cryptocurrency markets, Ethereum [ETH] has shown signs of a modest recovery after a turbulent period. Over the last 24 hours, ETH has seen a rise of 1.5%, marking a potential turnaround from its week-long downtrend which has now culminated in a 2.5% drop. This resurgence has allowed Ethereum to cross the significant price threshold of $3,500, trading around $3,585 at press time. This improvement in price accompanies a notable decrease in market pressure,…

Portal uses Bitcoin layer-2 network Lightning to allow users to convert assets like ETH into BTC by the use of atomic swaps. As well as introducing greater utility to Bitcoin, Anduro may present an opportunity for further revenue streams for miners, hence Marathon’s involvement. Anduro, a multi-chain layer-2 network incubated by bitcoin miner Marathon Digital Holdings (MARA), has incorporated the decentralized exchange (DEX) network Portal to Bitcoin – formerly known simply as Portal – with the goal of enhancing utility on the world’s oldest blockchain network. Publicly-traded Marathon began incubating Anduro in February as a “platform built on the Bitcoin…

TL;DRAn ‘ethical hacker’ found a bug in Kraken’s code, and before reporting it, stole $3M – now they’re asking for even more.Full StoryThere’s nothing worse than trying to do the right thing, and then getting taken advantage of.Take Erik from Season 16 of Survivor who gave up his immunity necklace, only to be voted out of the game minutes later.(We’re huge Survivor fans! Don’t @ us). Wondering how this all relates to crypto? The crypto exchange, Kraken, just suffered from a similar fate to Erik.As most exchanges do, Kraken offers a bounty program. (I.e. a way for ‘ethical hackers’ to…

Japanese game developer and publisher Konami has announced its collaboration with the Avalanche blockchain to launch its new NFT solution, “Resella.” This initiative aims to advance Web3 services by providing a streamlined solution for companies and organizations looking to integrate blockchain technology into their operations.Streamlining NFT TransactionsIn an announcement, the Avalanche team emphasized that Resella is designed to simplify NFTs’ creation, issuance, and trading. The platform’s user-friendly approach aims to eliminate the need for external Web3 wallets or complex cryptocurrency transactions, making it easier for newcomers to engage with blockchain technology.Source KonamiResella acknowledges the unique needs of Japan’s local market…

SITE Network is initiating a worldwide endeavor concerning tourism. As per the platform, the respective project merges Augmented Reality and Virtual Reality technologies while attempting to redefine tourism around the globe in collaboration with Enjin Blockchain. The platform mentioned that the project links the consumers to the finest locations. It reportedly offers authentic digital exploration experiences to consumers. SITE Network Starts a Virtual Tourism Project of $39B Worth in Partnership with Enjin The platform added that SITE Network has conceptualized many chief virtual worlds, replicating the real-world locations. One of them is Metinburgh which represents Scotland-based Edinburgh. The team of…

Konami Digital Entertainment—the Japanese gaming giant behind franchises like Metal Gear Solid, Silent Hill, and Castlevania—announced Thursday that it will launch an NFT platform called Resella on the Avalanche blockchain. The infrastructure platform aims to make it easier for companies to integrate blockchain technology and issue NFTs, both for games and other types of applications. According to Konami, Resella eliminates the need for users to open an external crypto wallet or handle cryptocurrency at all. The company touted Resella’s “user-friendly marketplace experience” in a press release, and said it will allow transactions in Japanese yen for domestic users, with plans…

APhone has launched AppNest, its decentralized app store that seeks to disrupt the traditional mobile app market dominated by Apple and Google. The platform supports both blockchain-based decentralized applications and conventional Web2 apps, providing a Web3-native experience. The announcement of AppNest was made on June 19, with the aim of transform how applications are accessed and managed.A New Era for Developers and UsersAppNest stands out for its free and open approach towards developers, removing the need to pay the high fees of up to 30% charged by Apple and Google. This developer-focused approach not only lowers the barrier of entry…