Author: Crypto News Live
TL;DRPunk9059 pulled 1,052,316 ($197,835.40) Pacmoon from the token’s airdrop with only two tweets (and a referral code).Full StoryYou know those YouTube ads that try and seduce you into the idea that by sending traffic to Amazon, you can earn enough referral fees to buy a lambo?Then you do the math on Amazon’s 4% referral fee and discover that in order to buy a second hand lambo at ~$100k, the traffic you referred would have to generate $2.5M in sales…This is like the crypto version of that, but no ones trying to sell you anything (and the reward rates are WAY…
ETH now trades at a two-month high. The number of short positions liquidated on 20th May represented the coin’s single-day highest since the beginning of the year. Ethereum [ETH] has rallied to a two-month high after Bloomberg analysts increased the odds of the Ethereum Exchange Traded Fund’s (ETF) successful launch. In a post on X (formerly Twitter) on 20th May, Eric Balchunas, a senior analyst at Bloomberg, raised the approval odds for the Ethereum exchange-traded fund (ETF) from 25% to 75%. Balchunas posted on the social media platform following reports that the United States Securities and Exchange Commission had asked…
OKX, a prominent player in the Web3 technology landscape, has announced a significant update to its platform. As of May 18, 2024, the OKX Wallet has been integrated with Runes Bridge, a move that significantly enhances the wallet’s capability by facilitating seamless asset transfers across various blockchain networks. This strategic integration ensures that users can easily transfer assets using the Runes standard, connecting Bitcoin with major networks like Ethereum, Arbitrum, BNB Chain, and Polygon, among others. Streamlining Asset Transfers with Runes Bridge The integration of Runes Bridge with OKX Wallet marks a pivotal development in the blockchain ecosystem. Users looking…
As the blockchain ecosystem grows, so does the demand for flexible, customizable tech. Scalability is about making technology more accessible to Web3 builders and consumers. If developers can build scalable applications, they can reach more users without increasing their costs significantly or needing to multiply their resources. For those wishing to bootstrap a chain with limited resources, layer-3s could serve as a promising opportunity. By cutting down on overhead operational and onboarding costs, layer-3s are quickly becoming an important piece of the blockchain ecosystem to give developers greater flexibility and growth opportunities. When layer-3s started trending, they were met with…
CryptoPunks is arguably the most iconic and influential profile picture (PFP) collection in the NFT world, and after getting the project into museums, Yuga Labs has been trying to expand their entry into the art world by letting notable artists riff on the IP with the official Punks stamp. But the first effort, revealed Monday with the launch of a new Punks-branded NFT collection, faced immediate backlash from collectors and crypto observers alike—including claims of “woke” artwork, sometimes accompanied by personal attacks on the artist. Now Yuga is pivoting, and apparently abandoning future plans. Artist Nina Chanel Abney was previously…
TL;DRBTC just swept $71k, ETH is back above $3.6k, Solana shot up to $187 (the takeaway: market sentiment is shifting positive again).Full StoryAlright, time for another bi-weekly (ish) check in with the crypto markets.Just about everything is up:BTC just blasted up to $71k for the first time since early AprilETH hockey-sticked to $3.6k on rumors an ETF may be approvedWhile Solana shot up to $187 (also for the first time since early April)…but why? Outside of the ETH ETF rumors (which broke a few hours after this pump had begun) — it’s not like there’s been any new developments since…
Fantasy football has become a global phenomenon, with millions of players participating in various online platforms. It allows fans to showcase their knowledge and passion for the sport by creating their own virtual teams and competing against others. And one platform that is quickly gaining popularity is Fanton Fantasy Football on Telegram.Fanton is an innovative fantasy football platform that stands out from other similar games. What sets it apart is its integration with Telegram, the widely used messaging app. This means that players can access and play the game entirely within the Telegram app, making it extremely convenient and accessible…
In the dynamic world of blockchain technology, transaction speeds have become a pivotal metric for measuring platform performance. CoinGecko’s latest report reveals a notable surge in transaction speeds across leading blockchain platforms, driven by a wave of on-chain activity and the rising popularity of meme coins. Solana Leads the Pack Solana has emerged as the fastest blockchain among large blockchains, achieving a record high of 1,504 transactions per second (TPS) on April 6, 2024. This places Solana 46 times faster than Ethereum and over 5 times faster than Polygon, the leading Ethereum scaling solution. Despite this, Solana has only realized…
Get ready for an adrenaline-fueled gaming experience like no other with BADMAD ROBOTS, the latest 6v6 game launching exclusively on Immutable. Combining blockchain functionalities with a dynamic esports scene, this game is set to take the gaming world by storm.The World of BADMAD ROBOTSStep into the post-human society of Los Machines, where players must assemble squads to battle malfunctioning robot gangs fighting for resources. With two primary game modes to choose from – Control Point and Team Deathmatch – players must use strategic thinking and skills to dominate specific map points or achieve the highest kill count. And with a…
Ethereum, the second-largest cryptocurrency by market capitalization, is currently poised at a crucial juncture, with a prediction of a potential breakout. Prominent crypto analyst Jelle recently pointed out that Ethereum is nearing the end of a falling wedge pattern, a situation often interpreted as a bullish signal in technical analysis. Related Reading Technical Indicators And Market Sentiment Jelle observed a falling wedge pattern on Ethereum’s chart, which emerges as ETH recently reclaimed its 100-day Exponential Moving Average (EMA), a development that further bolsters the bullish case. According to Jelle, if Ethereum can sustain this momentum and push past the upper…
