Author: Crypto News Live

Ronin goes against the grain when it comes to the Web3 philosophy. For many in the crypto space, the beauty of the blockchain is that it’s permissionless and that anyone can build without a centralized authority. Instead, the Ethereum sidechain gaming network instead opts for a closed, curated approach at present. There’s a reason for this kind of early approach, the team says—and it’s hard to argue with success, given the vast rise in Ronin players in recent months, plus its surge to an all-time high price in March ahead of the recent markets cooldown. And there’s a path to…

Investors withdrew $563.7 million, signaling a potential sentiment shift post-inflows BNP Paribas revealed its Bitcoin investment, marking a reversal in attitude Bitcoin [BTC], at the time of writing, appeared to be recovering from its recent dip below $60,000. However, it wasn’t all good news as spot BTC exchange-traded funds (ETFs) experienced a break in their inflows after a remarkable 71-day streak. In fact, according to a Bloomberg report, investors withdrew worth $563.7 million from BTC ETFs on 1 May. This marked the largest single-day outflow since these spot ETFs’ debut in January, signaling a potential shift in investor sentiment after…

Activity on Jupiter, Solana’s biggest DEX, trumped Ethereum-based Uniswap’s numbers ETH’s volume remained higher than SOL’s, while JUP and UNI sentiment differed Jupiter, a decentralized exchange built on the Solana blockchain, has overtaken Uniswap as the DEX with the highest number of Unique Active Wallets (UAWs). AMBCrypto noticed this after looking at data from DappRadar. At press time, UAWs on Jupiter exchanges were over 205,000. Uniswap, built on Ethereum [ETH], had less than 170,000. How did this happen? UAW measures the crypto-wallet addresses that interact with a network or applications. If the metric increases, it implies a rise in user activity.…

Following its initial pre-alpha demo playtest in late March and early April, Overwatch-esque hero shooter Nyan Heroes will bring its online servers back online next week amid a renewed play-to-airdrop push for the Epic Games Store PC title. Nyan Heroes is a team-based shooter with NFT assets and an upcoming token on the Solana blockchain. Its servers will relaunch beginning May 8, and the second pre-alpha demo playtest period will include a new ranked mode for players. 9 Lives Interactive Creative Director and CEO Max Fu told Decrypt that the playtest period is currently slated to last until May 26,…

Voxie Tactics sees a major upgrade this week as they officially launch their new game client, built with Unity. While not all functionality is available yet (such as NFT minting), the game works, players can use their NFTs, and VOXEL rewards continue to be handed out for match victories! After many months of work, the Voxie Tactics team has finally released their rebuild of the Voxie Tactics game. This build is still the same game, and still compatible with existing Voxie NFTs. But it also brings improved graphics and stability, and supposedly, paves the way for releases of Voxie Tactics…

Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader market downturn. Bitcoin Could Plummet To $50,000 As of writing the price of Bitcoin is trading above $59,000, according to CoinMarketCap. The cryptocurrency has been experiencing massive price drops after the Bitcoin halving on April 20, 2024, further exacerbated by the Federal Reserve’s (FED) decision to keep interest rates unchanged during the Federal Open Market Committee (FOMC) meeting On Wednesday, May 1. Standard Chartered bank has cautioned investors of more price drops in the future,…

Energy Web, a well-known platform that powers decentralization solutions across diverse jurisdictions, has announced its latest project. As per the platform, it is conducting the open release of its official launchpad to assist software developers and enterprises in the configuration and deployment of solutions. The new development will enable the respective services for all consumers. We’re excited to announce the public release of Launchpad by Energy Web🟣 Launchpad empowers enterprises and software developers to configure and deploy solutions across thousands of worker nodes globally 🌎Open to all users, with flexible pricing and tailored support for… pic.twitter.com/z8d7KT5EdH — Energy Web (@energywebx)…

NFTBank, an NFT portfolio management platform, has just released an improved version of its service, NFTBank V2. The platform has built a reputation for its accuracy in NFT valuation and profit and loss reporting. The release of NFTBank V2 aims to expand on this foundation by providing additional capabilities that enable monitoring of NFT purchases via various techniques, including minting, bulk buying, and transactions across main and secondary markets. These updates are important in a market where openness and accuracy in asset value are essential for investor trust and regulatory compliance. NFTBank V2 can connect to up to 3,000 wallets,…

TL;DRAltLayer has just rolled out the second phase of its staking program, introducing the restaked ALT token, ‘reALT.’Full StoryHere’s one of those ‘only in web3’ opportunities which is equal parts innovative, interesting, and complicated.AltLayer has just rolled out the second phase of its staking program, introducing the restaked ALT token, ‘reALT.’As a reminder, staking is when investors lock up their crypto with the promise of rewards (kind of like how bonds work).With reALT, investors can participate in more than one staking pool, gaining exposure to other restaked rollup communities and incentives, without unstaking from the main ALT staking pool.The result:…

Beta Season 1 for My Neighbor Alice. And with it come official Adventure Contests, which offer ALICE tokens as prizes, one of which just started today! The beta is free to play, so if farming and crafting in a multiplayer, social environment is your style of game, you might want to check out My Neighbor Alice! My Neighbor Alice started their beta season 1 back in mid-April, but there is still time to join this free to play farming and crafting game, and potentially earn some tokens by participating in weekly contests! This new playtest includes an emotes system for…