Author: Crypto News Live

Sky Mavis has introduced today the Ronin Forge, an early access program designed to propel the development of Web3 games. Selected studios will receive a $50,000 grant and the opportunity to build on the Ronin blockchain, leveraging its technology infrastructure and gaming community. Ronin Forge is currently accepting applications, targeting teams with games nearing global launch. Successful participants may ascend to Studio Partner status, gaining additional support and funding up to $500,000. “Ronin Forge is the next step in further opening up Ronin for builders. By offering grants and access to the Sky Mavis ecosystem, this will serve as an…

Coin98, a leader in blockchain solutions, has recently integrated ZKFair, a community-driven Layer 2 solution, to enhance its multi-chain capabilities. This strategic move optimises transaction speeds, reduces costs, and improves scalability across various blockchain platforms, ensuring a seamless and efficient user experience. ZKFair, recognised for promoting fairness and equity in blockchain transactions, operates on the Polygon CDK and Celestia DA frameworks and is governed entirely by its community. We’re excited to announce the integration of @ZKFCommunity, the first community-driven ZK-L2, ensuring users benefit from seamless, cost-effective, and high-performance multi-chain experiences.Learn more 👉 https://t.co/qR9ASxnOUX pic.twitter.com/FiDmQ9LUa8 — Coin98 Super Wallet (@coin98_wallet) June…

Sky Mavis, the creator of the Ronin sidechain gaming network on Ethereum, announced on Thursday the launch of Ronin Forge—an early access program that will provide grants and support for up to six studios to build “experimental” crypto games on the network. Admitted studios will receive a $50,000 grant, access to Ronin’s infrastructure, and the ability to tap into its active gaming community. Ronin is the network behind such games as Pixels, Axie Infinity, and the upcoming Ragnarok: Monster World. It’s currently a closed ecosystem, with Sky Mavis deciding which teams can build on the network, but the studio plans…

OTB, the international fashion and luxury group that owns brands like Jil Sander, Maison Margiela, and Marni, announced Wednesday that it will provide blockchain-based digital authenticity certificates for all products from those labels starting with the Fall/Winter 2024/2025 collections. The certificates utilize blockchain technology and an NFC (near-field communication) chip embedded in each garment or accessory. This allows customers to verify a product’s authenticity by scanning the chip with their smartphone, accessing a tokenized certificate that’s stored as an NFT on a blockchain network. “This is an important advance in the OTB innovation process, because it enables us to guarantee…

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE Cryptocurrency exchange OKX and the McLaren Formula 1 Team announced Thursday that they are launching a new “Race Rewind” digital collectible series, offering fans a unique way to commemorate each F1 grand prix this season and a chance to win exclusive McLaren prizes. Starting Friday at 10 am GMT, fans can mint the first free NFT commemorating the Canadian Grand Prix on the OKX Wallet. The NFT will be minted on OKX’s recently launched Ethereum layer-2 scaling network, X Layer. “We want to build community and bring new utility to crypto,” said…

TL;DRCoinbase’s new smart wallet lets you sign up/in with FaceID or email, pay zero gas fees on transactions, and automatically bridges between chains for you.Full Story“All wise men fear the anger of a gentle man.”We think of that quote every time we try to get our dads to set up their own self custody crypto wallets.The friction and complexity of having to write down a 12 word seed phrase, and re-input it with every new device you want the wallet to live on had Chevy’s dad digging out his Nokia 3310 from the ‘stuff’ drawer in his office, before using…

Asset manager VanEck recently revised its prediction for Ethereum (ETH), revealing what price it believes the second-largest crypto token could reach by 2030. The firm also did well to outline what could drive Ethereum’s price to this revised price.  Ethereum To Reach $22,000 By 2030 In a recent blog post, VanEck predicted that Ethereum could reach $22,000 by 2030. Before now, the asset manager had predicted that the crypto token would hit $11,800 by 2030. However, VanEck suggested they had become more bullish on ETH in anticipation of the Spot Ethereum ETFs, which could begin trading soon.  Related Reading They…

Seoul – XOCIETY, the AAA third-person shooter game, has successfully raised $7.5 million in a pre-Series A funding round. The round was spearheaded by Hashed and the Sui Foundation, with additional investments from notable gaming entities such as Spartan, Neoclassic, Bigbrain Holdings, and KRAFTON.—The funding round capitalizes on the momentum generated by XOCIETY’s beta testing phase, which attracted over 3,000 users from 76 countries. The beta phase recorded more than 11,000 hours of gameplay and achieved a player retention rate of over 77% for a week or more. Developed by Team NDUs, XOCIETY merges RPG elements with a novel reward…

On 5 June 2024, Charles Hoskinson, the visionary behind Cardano, took to X (formerly known as Twitter) to address the ongoing disconnect between the perception and reality of Cardano within the cryptocurrency community. His detailed post not only highlighted the significant advancements and upcoming milestones for Cardano but also criticized the negative media narratives that often overshadow the project’s true potential. Charles Hoskinson is a prominent figure in the cryptocurrency world, known for his significant contributions to blockchain technology. He co-founded Ethereum and later founded Input Output Hong Kong (IOHK), which later got rebranded to Input Output Global (IOG), one…

In most parts of the world, Bitcoin mining is a legal activity, but the regulations surrounding it are often nuanced and evolving. This article aims to clarify the legal status of crypto mining in various countries, offering insights into where it’s permitted and the specific rules that apply. Let’s explore the diverse legal frameworks that impact crypto mining globally. What Is Bitcoin? Bitcoin is a revolutionary technology that provides a new way of transferring money. It is a decentralized currency with no physical form, and unlike traditional currencies, it is not controlled by any bank or central authority. The Bitcoin…