Author: Crypto News Live

Fancy creating your own meme coins and getting rugged? This might be the game for you. Rug.fun is a two-phased 24 hour game which sees investors attempt to create and buy into the highest and lowest liquidity meme coins. Anywhere in between when the timer hits zero? Then you’re getting rugged. This is as degenerate as it sounds. In the first 12-hour phase of the game, players are able to create or buy as many coins as they’d like. But only the top 10 coins will move into the second page, with all other tokens being refunded. In the second…

Enjin, a leader in blockchain gaming technology, has officially relaunched the Enjin Spark Program, initially introduced in 2019. The program, which initially attracted over 125 games to the Enjin ecosystem, is being reintroduced with enhanced features to support developers in the burgeoning Web3 games market.Enhanced Support and Benefits for DevelopersThe revamped Spark Program now offers substantial benefits designed to reduce costs and increase visibility for developers. These include Fuel Tanks backed by up to 10,000 ENJ, which provide top adopters with 200,000 free transactions to streamline project development. Additionally, participants will benefit from 10,000 free transfers via Enjin Beam, Enjin’s QR-powered…

As the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level. Bitcoin Poised For A Possible Decline Michael Van De Poppe’s prognosis explores the factors that are driving the gloomy view of Bitcoin‘s price trajectory, in the midst of market turbulence and uncertainty. Related Reading Van De Poppe affirms that the largest crypto asset by market cap is currently at the range low.…

Polyhedra Network, a cross-chain solution provider for L2s and L1s with zkBridge technology, has made an exclusive development. The platform disclosed that it has recently open-sourced its exclusive ZK proof mechanism Expander which it launched nearly 6 days back. The company revealed this news on its official account on X. 🎉 Today, we are proud to open source #Expander, the world’s fastest #ZK proof system. Expander is a GKR prover designed for scaling large-scale parallel computing. Now, everyone can access the record-breaking open-source prover:https://t.co/DP25yI80SM pic.twitter.com/c99Fb9etjq — Polyhedra Network (@PolyhedraZK) May 9, 2024 Polyhedra Open Sources Its ZK-Proof Mechanism ‘Expander’ The…

TL;DRFull StoryIf it wasn’t already abundantly clear, we (Seb & Chevy) love innovation.Which is why we got all kinds of giddy when we heard Elizabeth Stark, the CEO of Lightning Labs, discuss how far they’ve gotten with development towards hosting stablecoins on the Bitcoin blockchain. Here’s three reasons why this would be cool:Errbody loves to save money on fees – Visa and Mastercard typically charge 1-3%. By using the BTC Lightning Network, transaction fees for the BTC Stablecoin would be “a cent or less than that.”Unlike some of the other stablecoin providers, BTC is easily the most decentralized. When BTC…

Bitcoin’s social activity dropped to its lowest in the year. BTC remained in the $61,000 price zone. Recent data indicates that Bitcoin [BTC] has experienced its lowest level of social activity. However, despite this decline, Bitcoin still maintains a significant presence in discussions within the crypto space. The network remains active, indicating ongoing engagement and participation despite the decrease in social activity. Bitcoin social activity sees a yearly low Per data from LunarCrush, there was a decline in the social activity surrounding Bitcoin. This is significant, as it marks the first time this year that social activity has fallen to…

Neel Somani denied sexual harassment allegations levelled against him  Eclipse has also vowed to share background information on all senior leaders Eclipse founder and CEO Neel Somani will temporarily limit his public-facing role at the Ethereum [ETH] scaling solution after sexual harassment allegations. Responding to the sexual misconduct allegations, Somani commented, “So, I’ll be temporarily reducing my role as a public face for Eclipse. The senior leaders at Eclipse are well equipped to take on these responsibilities, and this will allow these conversations to unfold and the truth to emerge about these allegations.” In a recent interview with The Block,…

Are you looking to start your trading journey, or enhance your trading strategy? If so, you will need to learn how to spot crypto chart patterns. In this article, we will discuss some of the most common chart patterns that traders use to make decisions. We will also provide examples of each pattern. So, if you’re ready to learn about crypto chart patterns, keep reading! What Are Chart Patterns? Chart patterns and trend lines are used in technical analysis to help identify potential trading opportunities. Traders use them to recognize turning points and strong reversals that could indicate buying or…

Influencers from the crypto community on X were turned into a trading card game by the Blast-based game Fantasy.top. In the past four days, the cards related to these influencers reached 9,518 Ether (ETH) in trading volume, according to a Flipside dashboard created by user Hildobby. The cards’ power level is defined by how regularly the influencers publish with their X account, their follower count, and the reach of their tweets. Moreover, the more an influencer card is used by players, the more they receive from Fantasy.top. The power levels are based on the last seven days. Image: Fantasy.top Fantasy.top…

More rewards are coming to Big Time players through a VIP program. This new player recognition system will offer ongoing rewards, the first of which is a bonus roll when collecting BIGTIME tokens from Boss chests! Big Time adds a new player reward system in the form on their VIP program. Players can unlock the various VIP tiers simply by holding BIGTIME tokens. The lowest VIP tier, Common, requires holding 25,000 BIGTIME tokens (currently worth about $4500 USD), so this isn’t a program for everyone. The amount of tokens required scales up to 200K at Legendary rank, though there are…