Author: Crypto News Live
Altcoin dominance has declined by 15% in the last month. The demand for ETH remained significantly low, putting the altcoin at risk of a further price decline. Altcoin dominance has cratered by double digits in the last month. At 9.88% at press time, it has fallen by 15% in the past 30 days, according to TradingView. Altcoin dominance refers to the relative market share of all cryptocurrencies, excluding Bitcoin [BTC]. Its decline means that the total market capitalization held by altcoins was decreasing compared to BTC. This may be because investors are moving their funds from altcoins to BTC, which…
Pixels has unveiled Chapter 2 for its vast community of daily players. The latest update boasts significant improvements in resource generation, land progression, and crafting mechanics while introducing new industries to enhance the gaming experience.Enhanced Gameplay FeaturesPixels is a casual Web3 game with an expansive world of farming and exploration. In its pursuit of becoming a major player in the gaming industry through Web3 technology, Pixels has launched Chapter 2, which brings an array of exciting gameplay enhancements.🚨 Chapter 2 is now live 🚨We can’t believe it’s time for Chapter 2! We’ve been building with you for more than two…
Brickken, a Chainlink-powered platform is joining the European Blockchain tokenization sandbox. Brickken is expanding it tokenization prowess to complement multiple partners and protocols it is linked with. Chainlink-powered Brickken has been admitted to participate in the European Blockchain Sandbox with a view to ramping up tokenization. This program, led by the European Commission, encourages collaboration between blockchain creators and regulators to navigate the legal space. Brickken to Leverage Digital Asset Suite for Tokenization Brickken’s participation presents a unique opportunity, as one of only 20 projects to directly influence the regulatory framework for tokenized assets in Europe. The company will leverage…
TL;DRFull StoryWe just heard of something pretty horrifying. It’s called an ‘infinite mint attack’.Here’s how it works:You know how some crypto projects have a limited supply? Take BTC for example – only 21M BTC ever have been, and ever will be, created.Which is super important for the project’s tokenomics.(I.e. The way an investor can gauge value by analyzing supply and demand).Look, we’re not developers, far from it, but what we know is that each time tokens are minted, somewhere in a project’s smart contract code lies the specific number for the total supply. But what happens if a hacker is…
Greed remained dominant as the price of crypto assets declined. BTC has sipped and stayed below its support levels. The recent decline in major crypto assets like Bitcoin [BTC] and Ethereum [ETH] has sent shockwaves through the crypto industry. While traders closely monitored the price trends, the Fear and Greed Index indicated that sentiment remains positive for now. Fear and Greed Index remains positive An analysis of the crypto Fear and Greed Index showed that despite the decline in the prices of most cryptocurrencies, there remained a sense of optimism. The index indicated a state of greed, with a current…
The VeChain ecosystem has welcomed the launch of the Oily dApp by UCO Network, a project focused on environmental sustainability. This application aims to revolutionize the recycling of used cooking oil by leveraging blockchain technology to promote efficient waste management and reward eco-friendly practices. This was announced via a social media post recently, disclosing that VeChain is now the home for Oily dApp. Oily dApp launched last Wednesday, introducing features like “learn to earn” and “map to earn” in its initial phase, with “recycle to earn” teased as coming soon. The “learn to earn” feature incentivizes users to engage with…
The SEC has backed down on its Ethereum investigation. The community slammed the Howey test. The U.S. Securities and Exchange Commission is reportedly ‘closing’ the investigation into Ethereum [ETH] 2.0 and ConsenSys, the firm behind Meta Mask wallet. Reacting to the update, ConsenSys stated it has ‘survived SEC’ and marked a win for ETH developers. ‘Ethereum survives the SEC. Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0.’ Ethereum 2.0 refers to the post-Merge era,…
Harbour, the company behind at bank to self-custody wallet services, has just announced a partnership with Aleph Zero, the massively scalable crypto infrastructure. This partnership will bring to market the Magic Ramp product, which is a new offering aimed at revolutionizing the way end-users send their assets between banks and blockchain networks. Harbour’s Magic Ramp leverages some of the best of breed fintech from the Harbour payments engine to integrate with Aleph Zero’s leading fintech capabilities in terms of transaction throughput. The integration will make it easier for the users as it is relatively faster and they can now use…
TL;DRFull StoryIn the past week:BTC dropped from ~$70k to ~$64kETH went from ~$3.6k to ~$3.4kWhile SOL dipped from ~$160 to ~$130So what happened? Was it the sell pressure coming from the European markets? The continued outflows coming from the Bitcoin ETFs? The lack of new narratives?These things all played a part, sure. But if you need a definitive answer — and apologies in advance for using technical language — but:The vibes are off.I.e. Market sentiment is in the gutter right now, and folks aren’t buying crypto in the volumes they were a week back.As a result, prices are sliding.Good news…
The highly anticipated Heroes of Mavia Phase 2: Next Frontier has officially launched. Unveiled on June 15th and 16th, Phase 2 introduces new features and updates intended to enhance gameplay and grow the Mavia community.Heroes of Mavia: An OverviewHeroes of Mavia is a play-and-earn game that leverages blockchain technology and NFTs. Set on the island of Mavia, players build and develop their armies to engage in strategic battles. The game stands out by allowing players to earn real cryptocurrency, specifically RUBY, through competitive gameplay on the Ethereum blockchain.Mavia Phase 2: Next Frontier begins rollout today! Ⓜ️♦️Phase 2 introduces critical components…
