Author: Crypto News Live

The second season of Crypto: The Game—a competition inspired by reality TV hit “Survivor” that spans both online and real-world competitions—came to a conclusion last week with the anonymous winner, Player 733, taking home the prize pool of nearly 72 ETH (about $210,000). But they’re not keeping the crypto stash: The winner donated all of the ETH to a legal defense fund that supports Alexey Pertsev and Roman Storm, developers of the Ethereum coin mixer Tornado Cash, who are facing charges for allegedly facilitating money laundering with their decentralized platform. Pertsev’s trial is currently underway, with a verdict expected in…

Analysts see $60K as the 2024 cycle’s correction bottom.  However, price consolidation could extend for longer.  Last week was arguably the worst for markets, especially risk-on assets like Bitcoin [BTC]. US equities closed the week in red. Similarly, BTC extended weekly losses in April, hitting a low of $59.6K amidst halving, US tax season, and Middle East tensions.  BTC has since improved and was above $66K, ready to reverse recent losses. Additionally, the halving and US tax season are out of focus. Middle East tensions also eased slightly.  This begs the question: Is the Bitcoin halving sell-off over? Some market…

IQ.wiki, the biggest crypto and blockchain encyclopedia, has announced its latest collaboration. As per the firm, it is onboarding its IQ GPT Chatbot to the community of Ankr Network. Ankr is a Web3 infrastructure providing platform. The company sees this onboarding as a remarkable step for its further progress. We’re pleased to announce that the leading AI assistant for Crypto & Blockchain, IQ GPT Chatbot, has been onboarded to @ankr’s community. pic.twitter.com/Pi9sPFKcXE — IQ.wiki (@IQWIKI) April 19, 2024 IQ.wiki Onboards Its IQ GPT Project on Ankr Network It stated that Ankr Network operates as a decentralized platform comprising nodes. It…

Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This week, NFT revenues fell 25.48% compared to the previous week. Losses affected four of the top five blockchain platforms in NFT transactions. Bitcoin maintained the lead with $111.8 million, though its sales fell by 35.63%, as reported by cryptoslam.io. Ethereum also experienced a decrease, with sales falling 20.38% to $49.58 million. Solana’s sales dropped by…

Miners continued to be profitable after the halving, thanks to Runes. Retail interest in BTC grew, however, whale interest remained stagnant. Typically, after a Bitcoin [BTC] halving, there is a reduction in revenues collected by miners due to the reduced block rewards. However, recent developments in the cryptocurrency mining landscape have painted a different picture, with miners seeing green and record-breaking revenues. Miners benefit from Runes According to Glassnode, Bitcoin miner revenue surged to an impressive $106.7 million on the 20th of April. A significant portion, 75.444%, of this revenue came from network transaction fees, marking a new high for…

Highlights from Jimmy Song’s new technical workshop, Programming Taproot. Last month I attended the maiden voyage of Programming Taproot, a new workshop that Bitcoin developer Jimmy Song just launched. He held the one-day workshop in Bitcoin Commons in downtown Austin. It is a follow-up on his successful two-day Programming Blockchain workshop that he runs around the world, which eventually became the basis for his excellent book Programming Bitcoin. I’ll discuss the highlights of the workshop and the main ideas. [This post is more technical than others. Don’t be scared. Even if you don’t understand everything, save this post and come…

Former First Lady Melania Trump has announced a customizable $245 necklace, “Her Love & Gratitude,” to celebrate Mother’s Day on May 12, 2024; the necklace comes with a flower pendant, an adjustable chain, and options for personalization with names, initials, or dates. Buyers of the necklace will also receive a limited-edition digital collectible minted on the Solana SOL/USD blockchain. Melania Trump’s venture into jewelry design and digital collectibles, along with her distance from political activities, marks her continued interest in the digital art space and personal ventures away from her husband’s 2024 presidential campaign. Source link

TL;DRFull StoryThis might be hard to hear but…Web3’s ‘killer application’ probably isn’t going to be a game or social platform…it’s way more boring than that.Nope. Web3’s killer app is probably something that already exists. Something most of us already use.Payments.Please, please — hold your jeers.It sounds like a painfully unsexy feature (and it is) — but the ability for apps to integrate a global payment system with a few lines of code and no prior permissions is way bigger than it seems.For example:Elon Musk has long stated his intention to transform X/Twitter into an ‘everything app,’ starting with payments…but to…

SHIB witnessed a massive surge in price over the last 24 hours. Social volume and sentiment around the token improved significantly. Shiba Inu [SHIB] has been one of the meme coins that has been able to stay relevant in the competitive memecoin sector for quite some time. Despite recent volatility seen by the token, it appeared that it was seeing growth. One for the bulls In the past 24 hours, SHIB experienced a significant price surge, climbing by 18.62%. At the time of writing, SHIB was trading at $0.00002701, reflecting a significant uptick in value. Analyzing the price movement of…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…