Author: Crypto News Live

While it can be incredibly lucrative, cryptocurrency trading is also fraught with a lot of risks and challenges. Even experienced traders can lose money if they’re not careful. One such danger that investors should be on the lookout for is something called slippage. In this article, we’ll define what slippage in crypto is, look at how it can affect traders, and offer some tips on how to avoid it. Stay safe out there! What Is Slippage? Slippage is the difference between the expected price of the trade and the actual price at which the trade is executed. It often occurs…

Pyth Network, a real-time market data platform, has announced the launch of Pyth Price Feeds on IOTA (MIOTA), as per the most recent updates shared with Finbold on June 12. The launch marks a significant step forward in Pyth Network’s mission to bring real-world asset (RWA) and crypto asset price data on-chain. Real-time data for developers As a fully Ethereum Virtual Machine (EVM)-compatible Layer-2 solution for the IOTA network, IOTA EVM offers a scalable, fee-less, and permissionless distributed ledger for secure financial exchanges. With the new integration, smart contract developers on IOTA can now access over 500 real-time price feeds…

In a curveball move, PleasrDAO, a crypto collective that collects objects of cultural relevance, announced on Thursday that it will soon begin selling encrypted, on-chain copies of “Once Upon a Time in Shaolin,” the one-of-a-kind Wu-Tang Clan record that PleasrDAO acquired in 2021 for $4 million. The encrypted album will be made available today via a dedicated website for $1, according to a press release shared with Decrypt. The NFTs will live on Base, the rising Ethereum layer-2 scaling network from Coinbase, and their distribution will be handled by PleasrDAO in collaboration with Privy, Crossmint, and Holograph. Thanks to the…

TL;DRSolana Labs just introduced their ‘web3 gateway’ for luxury brands, which lets buyers log their purchases (both first and secondhand), and reap loyalty benefits in return.Full StoryWe wear the same cheap, brand-less black t-shirts every day…But even basic schlubs like us can recognize this is a smart idea.Solana Labs just introduced their ‘web3 gateway’ for luxury brands.Basically, it allows buyers to log their purchases of luxury goods — both first and secondhand — and reap loyalty benefits in either situation. While the luxury brands can get a better understand of their customers buying habits.Which is cool.But it’s not why we…

In a significant development for the blockchain and gaming industry, Xterio has announced the launch of its XterETH Chain on the Superchain network, powered by the Optimism Collective. This move represents a crucial milestone as Xterio builds on the OP Stack and integrates into the Superchain, a rapidly expanding network of chains utilizing Optimism’s open-source standard codebase. XterETH Chain is live on the Superchain by the @Optimism Collective!Building on the OP Stack and joining the Superchain, a growing network of chains built on Optimism’s open-source standard codebase, marks a significant milestone for us at Xterio,» Scaling Web3 GamingXterio’s… pic.twitter.com/BSAFizi0ge —…

Moonbeam Network, a Web3 smart contract platform, has unveiled a $13 million funding initiative to boost ecosystem development in essential sectors such as gaming and real-world asset (RWA) tokenization. The package encompasses a $10 million innovation fund and $1.5 million in Moonbeam ecosystem grants and Moonriver grants.Game-Changing Innovation FundThe recent funding signifies the continuation of Moonbeam’s Moonrise initiative, which aims to establish the parachain as a top choice for incorporating Web3 networks like Polkadot and Ethereum. The Moonbeam team emphasized that their innovation fund aims to support forward-thinking projects and developers leading the way in Web3 development.The Moonbeam Foundation is…

Toncoin has seen more daily active addresses than Ethereum since the beginning of the month. TON’s weighted sentiment was positive for the first time since June started. Toncoin [TON], the blockchain network linked to the popular messaging app Telegram, has seen more demand than the leading Layer 1 blockchain, Ethereum [ETH], since the beginning of June. According to on-chain data provider Artemis, the number of unique addresses that have completed at least one transaction on Toncoin has exceeded that of Ethereum for ten out of the last 12 days.  In fact, on 3rd June, the daily count of unique addresses…

Key Points: BitMEX co-founder Arthur Hayes is now a strategic advisor at Covalent, focusing on the Ethereum Wayback Machine. The Ethereum Wayback Machine aims to store and re-execute temporary blob data, ensuring long-term availability and secure preservation of Ethereum’s historical records. This initiative supports decentralized AI by providing accurate historical data and promoting innovation and transparency in the blockchain community. Arthur Hayes recently announced that he is serving as a strategic advisor at Covalent, helping develop an Ethereum Wayback Machine. This machine will serve as an off-chain blockchain storage system, allowing the re-execution of its temporary Blob data. This initiative…

Ethereum recently saw over $1 billion outflow from exchanges. ETH’s price has increased by over 1% Ethereum [ETH] has been experiencing a decline in price over the last few days. However, despite these declines, the exchange outflow and accumulation metrics have been moving in opposite directions. What does this mean for the ETH trend? Ethereum takes hits An analysis of Ethereum’s price trend on a daily time frame showed that it experienced its biggest daily decline in over a month on 11th June. The chart indicated that its price dropped by almost 4.6%, falling from over $3,600 to around $3,500.…

The landscape of global finance is undergoing a seismic shift, and Chainlink, a leading player in the cryptocurrency space, has recently shared insights that paint a comprehensive picture of this transformation. According to a detailed industry report from consultancy firm Roland Berger, by the year 2030, a significant portion of the world’s value transactions is projected to occur through digital assets. This transition points towards an evolving financial ecosystem that is increasingly leaning towards the digitalization of assets. The report, supported by Chainlink’s analysis, underscores a projected market opportunity worth an estimated $10.9 trillion in real-world asset tokenization by 2030.…