Author: Crypto News Live

In the rapidly evolving landscape of adult entertainment and blockchain technology, a new player, Only1, has made great strides with a recent $1.3 million investment round led by Newman Group, accumulating a total of $4.8 million to create a platform similar to OnlyFans on the Solana blockchain Solana. This initiative promises a decentralized approach to adult content, but the big question remains: will professional creators from platforms like OnlyFans be willing to migrate to this new model? Only1’s bold move: can a new blockchain-based platform attract creators away from OnlyFans? The appeal of Only1: resisting censorship Conclusions Only1’s bold move:…

TL;DRFull StoryThere’s a reason we all watch more television and order more take out now, than ever before.It’s thanks to the likes of Netflix and DoorDash — they make accessing content and food delivery ridiculously easy.And the easier something is to do, the more we tend to do it.This new announcement from Square payments aims to do something similar for Bitcoin.In case you’ve been living under a rock — Square’s payment systems are the terminal of choice for just about every retail store you walk into these days, owning close to 30% of the US point-of-sale-systems market.…and it just so…

Over the past 24 hours, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a significant 5% price drop. This drop comes amid growing speculation that the highly anticipated Ethereum ETFs will likely be rejected by the US Securities and Exchange Commission (SEC) in the upcoming May deadline. US Bitcoin ETF Issuers Brace For SEC’s Expected Denial According to a recent Reuters report, various US Bitcoin ETF issuers and firms anticipate the SEC’s denial of their applications to launch ETFs tied to the price of ETH.  These expectations have been fueled by “discouraging meetings” between the applicants and the…

Exciting news for gamers and blockchain enthusiasts alike! Mysten Labs has teamed up with NDUS Interactive, a prominent NFT gaming development studio, to introduce XOCIETY, a gaming metaverse like no other, onto the Sui blockchain.—XOCIETY is not your average game. It combines the best elements of Third Person Shooters and MMORPGs, offering an immersive experience like never before. Developed with Unreal Engine 5 by NDUS Interactive, XOCIETY delivers AAA shooter action with RPG progression, promising players highly detailed character development and engaging gameplay.The partnership between Mysten Labs and NDUS Interactive brings more than just a game to the table. XOCIETY…

Chief economist and Bitcoin critic, Peter Schiff has issued a somber prediction regarding the world’s largest cryptocurrency, Bitcoin. The financial expert has cautioned investors of the potential repercussions should BTC drop below critical resistance levels. Economist Predicts Bitcoin Price Decline In a recent X (formerly Twitter) post, Schiff shared a price chart of Bitcoin against the United States Dollar (USD), pinpointing Bitcoin’s price at the time of the post at $63,814, alongside key support levels around $60,000. The economist has argued that Bitcoin’s current price position was not conducive for HODLers.  Emphasizing the importance of BTC maintaining a stronghold above…

Neura, the innovative layer 1 blockchain by Ankr, has officially launched its public testnet. This release opens doors for developers keen on pioneering groundbreaking decentralized applications (dApps) that amalgamate AI and blockchain technologies. Neura aims to revolutionize the AI startup landscape by addressing pivotal challenges such as funding, GPU resource acquisition, and efficient data storage through its state-of-the-art cloud computing, AI, and Web3 solutions. A flagship initiative under the ‘Road To Mainnet’ program is the AI Innovators Competition. This developer-centric contest encourages builders to harness Neura’s unique attributes as a dual-purpose blockchain and AI launchpad. The competition is geared towards…

Arkham Intelligence, a well-known blockchain analytics provider, has disclosed a significant dip in the NFT purchases of Justin Bieber. As per the platform, the famous Canadian pop singer purchased above $2 million worth of NFTs back in 2022 but now their value has declined to just $100K. The analytics platform also revealed that the wallet of the Bieber on Arkham currently contains a very low value. Justin Bieber NFT Purchases: Down 94.7%Did you know that Justin Bieber bought more than $2M of NFTs during 2022 – now worth barely over $100K.His wallet on Arkham now holds just under $500K in…

The Open Network (TON) is a global, decentralized blockchain community building the Web3 ecosystem in Telegram. TON is designed to unite all blockchains and the Web2 internet. The network has recently entered into a strategic collaboration with Tether to launch USDt on TON, Tether’s newest stablecoin launched natively on TON. I will take a closer look at all the key elements of the TON ecosystem below, but you can go one step further: take part in our Probably Serious Quiz to test your knowledge and get an exclusive discount on USDt and TON swaps on Changelly! What Is USDt on…

According to the latest report by NonFungible.com, the NFT lending market has reached a significant milestone. In the first quarter of 2024, it surpassed $2 billion in volume, marking a growth rate of 44% compared to the fourth quarter of 2023. This rapid growth is attracting attention from both investors and NFT holders.But what exactly is NFT lending? Simply put, it is the process of using your NFTs as collateral for a loan. Lending platforms allow users to lock in their NFTs and receive a loan in return, giving them access to liquidity without having to sell their valuable assets.Leading…

The U.S. SEC delayed the decision on Grayscale and Franklin Templeton proposals.  Grayscale planned to spin off a Mini Ethereum Trust after ETHE conversion to ETF.    In a not-so-surprising move, the US Securities and Exchange Commission  (SEC) has delayed the decision on the next steps for Grayscale and Franklin Templeton’s proposed spot Ethereum [ETH] ETFs.  The SEC has pushed the decision for Franklin Templeton and Grayscale’s applications to the 11th and the 23rd of June, respectively.  On the delayed decision for the proposed conversion of Grayscale Ethereum Trust [ETHE] to ETF, the SEC noted, “The Commission finds that it is…