Author: Crypto News Live

Boxing legend Mike Tyson has partnered with the blockchain project for boxers Ready To Fight. According to a press release, the strategic alliance comes as Ready To Fight (RTF) prepares to list its own RTF token on four cryptocurrency exchanges. Tyson has joined the platform as a brand ambassador to “revolutionize the boxing ecosystem.” “In a significant endorsement of RTF’s mission to revolutionize the sport, boxing legend Mike Tyson has joined the platform as a brand ambassador. Tyson’s legendary status and global appeal are expected to significantly extend RTF’s reach, captivating and inspiring an international audience of boxing enthusiasts.” Ready…

Network got congested with more than 232,000 transactions waiting for approval Astronomical surge in fees was attributed to launch of Runes protocol Bitcoin [BTC] underwent its fourth halving earlier in the day and contrary to what you may think, miners have been celebrating ever since. Rewards down, fees up While the rewards given to miners for creating each block halved, they were more than compensated by an explosive surge in transaction fees paid by users. According to AMBCrypto’s analysis of Mempool data, the iconic halving block – 840,000 – saw a whopping 37.62 BTCs in fees collected by miners, worth…

Union Labs, a project focused on blockchain interoperability, plans to integrate with AggLayer, a decentralized service rolled out earlier this year by the developer Polygon Labs that allows for the sharing of liquidity among connected networks. The deal is notable because it could deepen the links between Polygon, one of the biggest Ethereum scaling networks, and the Cosmos blockchain ecosystem and its Inter-Blockchain Communication Protocol (IBC), the ecosystem of interconnected blockchains which Union has been building upon. “The integration will unlock greater liquidity access and movement between AggLayer-connected chains and IBC-enabled chains, ensuring a trustless, efficient and low-latency process,” according…

Kraken’s exec sees the halving as symbolic in terms of supply impact and usage Some market watchers expect some short-term drawdown After much anticipation, Bitcoin’s [BTC] fourth halving is finally done and dusted. For its part, there is no doubt that the 2024 cycle has been an outlier, especially since BTC hit a new all-time high of $73.7k on the charts, right before the halving.  According to Kraken’s Head of Strategy Thomas Perfumo, the fourth halving cycle has other unique and “symbolic” features as well. In a recent interview, the exec said,  “But this one is the most symbolic, in…

The educational NFT-based crypto trading game Banksters has celebrated the upcoming launch of its Mainnet with a new airdrop that rewards its most active and best performing players. In the first-of-its-kind contest, Banksters pitted its users against each other to compete for one of 1,000 exclusive NFTs that were awarded based on their activity level throughout the duration of the competition. The event ran from April 3 to April 17, and ended up with the 1,000 highest-rated Banksters’ players receiving an airdropped NFT showcasing various traits and levels of rarity. The NFTs were valued at a combined 100,000 USDT. ‘…

In the intricate world of technology, particularly within blockchain and networking, the term “node” frequently surfaces, often leaving beginners perplexed. This article aims to demystify nodes by exploring their fundamental role in various technological realms, including computer networking, blockchain technology, and beyond. What is a Node in Computer Networks? In the broadest sense, a node is any electronic device that connects to a network, whether it’s a computer, printer, or any other device capable of sending, receiving, or forwarding information over a communication channel. In computer networking, nodes are essential components that facilitate the flow of data across the network.…

Runes protocol was activated as the fourth BTC halving went live Market watchers claim Runes will follow Ordinals and renew interest in Bitcoin Bitcoin’s [BTC] fourth halving is here, activating the much-awaited Runes protocol. Like Bitcoin Ordinals, market watchers expect the new protocol to re-ignite interest in Bitcoin and bring more users to the network.  Runes is Bitcoin’s new fungible token standard, like what ERC-20 is to Ethereum [ETH]. This means it can be used to make a wide range of assets from memecoins to governance tokens on the Bitcoin network.    Reacting to the upcoming protocol, the $1.5 trillion asset…

This week, STEPN announced its collaboration with adidas to introduce a collection of NFT sneakers. This move-to-earn platform, renowned for gamifying wellness, has joined forces with the global sports brand to create a limited collection of generative NFT sneakers inspired by adidas’ iconic running silhouettes.—The 1000 STEPN x adidas Genesis Sneakers, co-branded with STEPN’s lightning bolt logo and Adidas’ signature three stripes, are minted on the Solana blockchain, ensuring each pair is unique. This drop marks the inaugural step in a year-long partnership between the two brands, promising a blend of physical items and digital products.According to Shiti Manghani, CEO…

Despite high unrealized losses, a whale was seen accumulating ETH ETH supply held by addresses that don’t belong to exchanges increased in recent weeks Ethereum’s [ETH] price corrected sharply during the early trading hours in Asia on Friday due to escalating tensions between Israel and Iran. Though it recovered to be valued at over $3,000 at press time, the second-largest cryptocurrency has largely been in the red over the past week. In fact, it lost more than 12% of its valuation, according to CoinMarketCap. ETH’s profitability drops The slump contributed to the net unrealized profits of the network declining. AMBCrypto…

In a recent tweet, well-known crypto analyst Rekt Capital delved into the potential timeline for the next Bitcoin market peak, emphasizing the Halving cycle’s significant impact on building BTC’s market path. As the Bitcoin Halving is set to occur between today and tomorrow, April 20, Bitcoin has shown less significant market movement. At the time of writing, the asset has a market price of $64,578. Analyst: ‘When Could Bitcoin Peak In This Bull Market?’ According to Rekt Capital’s analysis, Bitcoin typically reaches its bull market peak between 518 and 546 days following a Halving event. Applying this historical timeline, the…