Author: Crypto News Live

Founder Institute has announced its partnership with the Polkadot ecosystem. The strategic collaboration between the two companies will launch the first Web 3.0 Cohort in the Founder Institute’s Core Program. The partnership aims to improve Web 3.0 technology education and provide Web 3.0 startup founders with startup acceleration programs. 🚀Announcing a Strategic Collaboration between Founder Institute and @Polkadot!🚀 We are thrilled to announce a groundbreaking collaboration between the Founder Institute (FI) and the @Polkadot ecosystem. This collaboration marks the beginning of an exciting chapter as we launch… pic.twitter.com/BYJBgNtOn0 — Founder Institute (@founding) May 14, 2024 The partnership between the two…

In a candid tweet Thursday, DeGods and y00ts NFT project founder Rohun Vora (aka Frank DeGods) took a critical look at his previous decisions, especially those made during tumultuous times for the well-known collections. His reflection sheds light on the pressures of community expectations and being a founder. “I used to try to move mountains to appease the community in times of chaos,” he began. “Every single time it’s backfired.” Throughout the years as the leader of DeGods, he has made many decisions to try and please his holders and keep the buzz going. For example, the team went through…

Laguna Games‘ flagship web3 game, Crypto Unicorns, has announced its migration to the Arbitrum-based L3 XAI blockchain. This move brings about exciting changes for users, including gasless transactions and smoother on-ramping. The process began with the successful conversion of the $RBW token to $CU, paving the way for new opportunities in staking, liquidity provision, and gameplay features.Crypto Unicorns’ XAI RebootCrypto Unicorns has come a long way since its early days as a basic farming game. It has evolved into a dynamic gaming platform, offering players a variety of gameplay features and standalone titles. With the migration to the XAI blockchain,…

TON has gained over 160% more than BTC so far. TON has also seen more activity in some on-chain metrics. Toncoin [TON] has emerged as the only Layer 1 Network capable of competing effectively with Bitcoin [BTC] since the beginning of the year. TON has outpaced BTC by over 160% and boasts a higher number of active addresses. Despite these achievements, traders appear to lack confidence in TON, as sentiment surrounding the coin has turned negative. Toncoin gains more than 100% over Bitcoin AMBCrypto’s analysis of Bitcoin and Toncoin’s price trends revealed that Toncoin had outpaced BTC in terms of…

The Ontology project is a multi-level network in which participating organizations can interact with other systems, such as EOS, Ethereum, and QTUM, which also support NEO. Businesses can trade and store their digital assets on the NEO network, as well as connect to other digital currency systems. The next level of the Ontology project is the level of custom protocols and APIs. These tools will allow business companies that participate in the Ontology project to create their own blockchains themselves. Its next level enables business participants to implement blockchain solutions and ensure they are legal, transparent, and easily controlled. Ontology…

The rise of blockchain technology has highlighted the constraints of the traditional Internet infrastructure by offering secure and transparent data exchange. Although the physical network of routers and cables enables simple communication, these underlay networks are not equipped to handle the high data volumes and complex features needed for blockchain applications. Enter overlay networks: a game-changer in the world of digital communication. These virtual routing layers operate on top of the existing internet infrastructure, creating logical pathways for data packets. This allows for optimised data flow, bypassing bottlenecks inherent in the physical network and making them ideally suited for the…

How much correlation does GME’s rally and its social volume have with Bitcoin’s price trends? Impact of the same was seen on the higher timeframes during the previous cycle Bitcoin [BTC] climbed above its short-term local resistance at $64.5k on 15 May, just two days after GameStop [GME] posted a 284% rally measured from last Friday. According to a recent post on X (formerly Twitter), Santiment claimed that the GME craze had in fact bled over into crypto. Given the speculative nature of the crypto-market, especially in the memecoin sector, this overlap makes sense. To find out whether crowd sentiment…

Paradise Tycoon, a multiplayer RPG game developed by Empires Not Vampires Ltd, has released its highly anticipated Beta 2 version on May 15th. With this update, players can expect an even more immersive and rewarding experience as they build and manage their own virtual paradise island. Let’s take a closer look at the new features and improvements in Beta 2.New FeaturesOne of the key additions to Beta 2 is the integration of Immutable Passport. This one-click wallet and account system simplifies access to in-game assets and progress management. It also enhances security to protect player data and assets.In addition to…

The revenue cryptocurrency users can get for staking some of the most popular digital assets has dropping significantly over the past year, with the yield earned for staking Ethereum ($ETH), for example, plunging from over 5% to around 3.18% at the time of writing. That’s according to data from CCData shared with CryptoGlobe, which shows that this past year those staking major cryptocurrencies to earn yield on their holdings have seen that yield diminish significantly. Those staking Cardano (ADA), for example, saw yields drop from 3.35% in May 2023 to 3.07% as of May 16, 2024. Polkadot (DOT), a cryptocurrency…

FTX has announced a plan to repay creditors up to $16.3 billion Analysts believe repayments could balance market dynamics, leading to a bullish 2nd half in 2024 FTX, the crypto-exchange that filed for bankruptcy last year, has announced a significant plan to repay its creditors, potentially injecting new momentum into the crypto-market. On 8 May, it was disclosed that the exchange could repay approximately 98% of its creditors, which could amount to as much as $16.3 billion.  Those holding claim amounts below $50,000 are eligible for up to 118% recovery, based on November 2022’s cryptocurrency prices. This move has been…