Author: Crypto News Live
Today, Prom has announced the integration of TRALA, a new GameFi project, into its ecosystem. TRALA is an all-in-one gaming platform aimed at uniting Web3 and Web2 gaming communities. By creating a single GameFi environment, TRALA makes gaming accessible. It also engages players regardless of their experience with cryptocurrencies. Prom Integrates TRALA Into the EcosystemWe’re thrilled to welcome another GameFi project in our ecosystem, @TRALA_Official, an all-in-one gaming platform.TRALA is building a bridge between Web3 and Web2 gaming communities, creating a single GameFi environment that is… pic.twitter.com/hrXyp7wJS1 — Prom (@prom_io) June 10, 2024 TRALA Aims to Make GameFi Accessible to…
Arkreen, a Web3-driven platform that offers an infrastructure for worldwide distributed renewable resources of energy, has collaborated with The Graph. As a part of this collaboration, Arkreen is launching its subgraphs on the decentralized network of The Graph to provide cutting-edge facilities to consumers. The company disclosed this endeavor on its official account on X. The @arkreen_network subgraphs are live on @graphprotocol’s decentralized network! 🎉The upgrade process was smooth, user-friendly, & gas free!Arkreen’s DePIN & ReFi applications, including Arkreen Miners, AREC protocol, AREC bridge, https://t.co/r7Vwu0TBXA, relies on The… pic.twitter.com/8dgdtaAid2 — arkreen (@arkreen_network) June 7, 2024 Arkreen and The Graph Commence…
Global search interest for non-fungible tokens (NFTs) remains at abysmally low levels despite the ongoing cryptocurrency rally, according to data provided by Google Trends. The aforementioned term attracted few search queries compared to “crypto” this year. This indicates cooling demand for the sector that defined the 2021 bull run. In March, the term “crypto” reached a value of 100, which indicates peak popularity. The term “NFT” paled in comparison to “crypto” with a value of just 10. The same trend could be observed in May, with NFTs failing to attract any substantial interest despite growing crypto prices. This marks a…
With its complex web of services, intermediaries, and customer touchpoints, the travel industry is ripe for disruption. Enter Web3, a new internet paradigm powered by decentralized networks, blockchain, and tokenization. In this transformative space, Web3 has the potential to revolutionize how we experience travel, from booking flights to staying in hotels and everything in between.As we edge closer to this new technological era, let’s explore how Web3’s innovations, including Travel NFTs and decentralized travel platforms, could reshape the travel landscape.The Emergence of Decentralized Travel PlatformsThe backbone of Web3’s impact on travel is the rise of decentralized travel platforms. By leveraging…
Ethereum’s funding rate has remained positive despite recent declines. The ETH trend has also remained bullish despite the price declines. After the news of the Ethereum [ETH] spot ETF approval subsided, its weighted sentiment declined as well. Despite this decline, other metrics suggest that Ethereum might be poised for a positive run once spot trading resumes. Ethereum’s sentiment and social volume declines An analysis of the Santiment sentiment chart showed a decline in Ethereum’s sentiment. The chart indicated that weighted sentiment spiked to over 6% on the 20th and 21st of May. It then briefly declined to around 2% before…
Neo has been added to the PoPP AI Chrome Box Plugin, allowing users to access an AI-assistant tool and obtain information and answers to their Neo-specific inquiries. Alongside the AI assistant, the PoPP Chrome extension also offers a chat feature, allowing users to interact in real-time with others about projects within the PoP Planet ecosystem, such as Neo. PoP Planet is a social communication dApp that allows users to curate communities and deploy digital assets. The team seeks to incorporate blockchain to empower creators and key opinion leaders to monetize their influence and manage communities. Neo Global Development and PoP…
Ethereum reserves on exchanges are at an eight-year low, setting the stage for a price surge. Current bearish indicators suggest there might be room for further decline before a rebound. The amount of Ethereum [ETH] held on exchanges has reached its lowest point in eight years. With the imminent launch of its spot ETFs, we could see a huge supply shock, and it might lead to a dramatic increase in Ethereum’s price. But let’s check out what the data is telling us. Source: Glassnode Ethereum ETFs to cause a stir? If the spot ETFs garner the huge interest everyone expects,…
Crypto exchange Coinbase has unveiled a new metric dubbed the h-index to address distortions in tracking onchain adoption caused by airdrop-related activities. Coinbase, a publicly traded U.S.-based cryptocurrency exchange, known for its development of Base, a layer-2 solution for Ethereum, has introduced a new metric to provide a more accurate measure of blockchain network adoption. This new metric aims to mitigate distortions caused by airdrop-related activities and Sybil attacks. In a research report on Friday, Coinbase noted that investments in blockchain infrastructure have led to an excess of blockspace, making onchain transactions cheaper and fueling networks with a new wave…
TL;DRFull StoryLate last week, out of nowhere, BTC transaction fees started to skyrocket.Which made us question…was this because of Gamestop? Had Runes suddenly had a massive breakout? Or something else? Turns out, it was something else. The third largest crypto exchange in the world – OKX – just consolidated a whooole bunch of unspent transaction outputs (UTXOs).Here’s what that means:Imagine Seb wanted to send Chevy 5.1 BTC. Chances are, Seb doesn’t have exactly 5.1 BTC in his wallet (especially if he has done a few BTC transactions in the past). So instead of transferring exactly 5.1 BTC, Seb might transfer…
Solana’s clampdown on MEV validators has attracted divergent opinions. Ethereum also faced criticism for its reported strict stance against memecoins. The Solana [SOL] vs. Ethereum [ETH] news, which hit many crypto headlines over the last week, seems far from over. Over the weekend, the debate between the two leading alternative L1 blockchains resurfaced after Solana clamped down on validators using MEV (Maximal Extractable Value). In the fight against MEV, the Solana Foundation reportedly withdrew financial support from validators who engaged in the same. But an Ethereum core dev, Ryan Berckmans, downplayed the move and called Solana ‘not a serious settlement…
