Author: Crypto News Live
Mint Blockchain unleashes its much discussed Mint Fast bridge, through which it will be possible for users to shift assets with all beneficial facilities thrown in. These include undisputed acceleration, cost-effectiveness, and all safety aspects intact. Created for rendering service to lesser amounts, Fast Bridge brings to the table effective shifting, along with holding on to high end safety aspects and lesser fees. It is an all-inclusive service targeting lower-level asset transfers to the Mint. Mint Fast Bridge has multiple advantages, such as greater acceleration in the case of cross-chain transactions from all chains to Mint. In the case of…
In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This growth is underscored by increasing trading volumes and user adoption, signaling a robust expansion within the Web3 sphere. Report Reveals Emerging Dynamics in Bitcoin Ordinals and Runes Market Coingecko’s latest report highlights the burgeoning interest in Bitcoin NFTs, with specific collections like Nodemonkes and Bitcoin Puppets leading the charge. In May 2024, Nodemonkes boasted a market cap of $198.25 million, while Bitcoin Puppets reached $144.12 million. The study shows daily…
Fed keeps rates steady, drawing criticism from analysts. Bitcoin price sees declines but BTC ETFs show inflows. Meeting expectations and aligning with 0.6% projections probability from the CME FedWatch Tool, the US Federal Reserve announced on 12th June that the benchmark interest rates will remain unchanged. After a two-day Federal Open Market Committee (FOMC) meeting, members decided to maintain the rates at 5.25% – 5.50% for the seventh consecutive time. Notably, this decision was also in line with Wall Street predictions. Remarking on this with a touch of criticism Anthony Pompliano, in a recent stream said, “It is arrogant for…
56% of Fortune 500 executives said their firms are actively working on blockchain initiatives, according to Coinbase’s survey published on Thursday. The adoption spans from legacy brands to small businesses, with applications ranging from stablecoins to tokenized Treasury bills (T-bills). In addition, a separate survey from Coinbase shows that Fortune 100 companies are increasingly engaging in on-chain projects, with a 39% year-over-year increase in Q1 2024. According to Coinbase, there is growing mainstream acceptance and integration of blockchain and crypto into traditional financial products and services, represented by the successful launch of spot Bitcoin exchange-traded funds (ETFs) and the tokenization…
TL;DRFull StoryA confident idiot is a dangerous thing (even if well intentioned).Like Chevy’s uncle Steve, who is now banned within the extended family from working on anyones cars.The man is convinced he’s a mechanic, just because he goes to one or two car shows per year. In reality he knows nothing and has done thousands of dollars of damage to multiple family members’ cars.Which is why we’re excited, but also a little skeptical of Cudis’ Genesis Smart Ring.It’s a web3 and AI enabled fitness tracker (kind of like the Oura ring), which will build AI-generated workout plans for its users,…
Irys has successfully concluded a strategic funding round led by Lemniscap in an effort to improve on-chain management and combat misinformation. Irys, previously known as Bundlr Network, is a storage layer innovator dedicated to scalable on-chain data solutions. It has processed over 1.9 billion transactions and has gained significant market traction. Irys’ goal is to improve the scalability and efficiency of on-chain data management in blockchain ecosystems. “We are thrilled to have secured this strategic funding round, which positions us well to accomplish the next phase of our growth,” said Josh Benaron, CEO of Irys. “This investment is a testament…
Enjin, the famous platform that develops blockchain solutions concerning the gaming industry, has initiated an exclusive partnership. The company is reportedly joining forces with a leading music artist “George Murphy” as well as “The Rising Sons” to occupy a significant position in the sector of real-world assets. In this respect, the platform has already sold up to 50M vinyl records. Enjin Partners with George Murphy to Innovate the Real-World Asset Sector George Murphy operates as a widely-selling music artist as well as a songwriter. He has collaborated with Enjin to impact millions of music listeners and artists around the globe.…
Circle, the peer-to-peer payments technology company behind the USDC stablecoin, has announced its partnership with the Solana blockchain. This collaboration will enable Circle to broaden its Web3 offerings, including Programmable Wallets and Gas Stations on Solana. These features aim to streamline development and improve overall user satisfaction.Circle’s expansion into Web3 brings many advanced features to the Solana ecosystem. By integrating with Circle’s Programmable Wallets, users can manage assets and transactions. The programmable wallets come equipped with APIs and SDKs that simplify the complexities of blockchain infrastructure, freeing up developers to concentrate on building and growing their applications and enterprises.This sought-after…
Several South Korean retail giants, including Lotte and Hyundai, are exiting the non-fungible token (NFT) sector, marking a significant shift in their digital strategy. The companies’ move follows a notable slowdown in the NFT market, prompting them to refocus their plans on their core business competencies. According to a local South Korean news outlet, Lotte Home Shopping, the e-commerce arm of retail giant Lotte, announced it would end operations for its NFT shop platform. Lotte launched its NFT services over the platform in May 2022. However, after just two years, the firm revealed on June 12 that it would shutter…
In 2024, Tap-to-Earn clicker games like Notcoin and Hamster Combat attract millions of users eager to earn money through simple gameplay. BeInCrypto spoke to industry experts to determine whether this trend has a future or will be forgotten once the hype is over. What are Tap-to-Earn Games? Tap-to-Earn games involve players repeatedly clicking on a screen to achieve various goals, such as collecting resources, improving characters, or earning points and tokens. These games are part of the broader Play-to-Earn (P2E) GameFi sector, where players earn cryptocurrency through immersive gameplay. Some Tap-to-Earn games also incorporate social interactions, like competitions and cooperative…
