Author: Crypto News Live
TL;DRGalxe Identity Protocol is paving the way for privacy preserving ‘one-click sign up’ processes across all web platforms (from banks, to social platforms, and beyond).Full StoryWe’ve talked about zk-proofs in the context of financial transactions a BUNCH of late…Zk-proofs are the ‘friend in common’ of the crypto world.What does that mean?Say you’re looking for a new roommate → you post on a local Facebook group → someone replies…Your first move? Check to see if you have any friends in common that you can use to vet your new potential co-habitant.You can ask your ‘friend in common’ — “Hey, is this…
ETH was up by more than 7% in the last 24 hours. Metrics and indicators looked bullish on the token. Ethereum’s [ETH] massive price decline seemed to have come to an end as the king of altcoin’s price increased in the last 24 hours. In fact, as per AMBCrypto’s analysis, things might turn bullish for the king of altcoins, which might allow ETH to recapture its lost value. Ethereum is buckling up The crypto market witnessed a crash on the 12th of April, which had a major impact on ETH’s price. The downtrend pushed the king of altcoins’ price under…
Astroport, a Tera-based AMM that offers non-custodial and decentralized liquidity, has witnessed an exclusive development. As per its recent announcement on X, the platform has effectively migrated staking and governance from the open-source blockchain forum Terra to Neutron. It noted in its post that the respective development denotes the momentous move of the earliest transaction of this type. Today marks a groundbreaking moment in the Cosmos ecosystem: Astroport has successfully migrated its governance and staking hub from Terra to Neutron. This historic achievement represents the first-ever transfer of a protocol’s governance hub from one blockchain to another within… pic.twitter.com/Fjd0CuFrn0 —…
STEPN, the innovative move-and-earn lifestyle app, has joined forces with global sportswear giant Adidas to launch a limited-edition STEPN x Adidas Genesis Sneakers NFT collection. The partnership marks the beginning of a year-long partnership between the two companies, promising more NFT drops and physical wearable items in the future.The Genesis Collection: A New Era of Move-to-EarnThe Solana-based generative NFT collection showcases 1,000 unique items, drawing inspiration from the brand’s most iconic running silhouettes. This collection brings together two industry leaders and represents STEPN’s commitment to expanding the move-to-earn sector. By merging physical activity with digital rewards, STEPN aims to enhance…
According to Ohanian, there is an “indisputable need” for both AI and blockchain. Blockchain technology, in his view, offers a way around the problem via inscriptions. Alexis Ohanian, co-founder of Reddit, has put forth a notion that blockchain technology and artificial intelligence (AI) might collide. The tech entrepreneur claims that artificial intelligence and blockchain are on the cusp of a “collide” that will lead to mutual reinforcement. He elaborated by saying that the connection between the two cutting-edge technologies was the inspiration for his hypothesis. According to Ohanian, there is an “indisputable need” for both AI and blockchain. Vision for…
With the fourth Bitcoin Halving just around the corner, Lady of Crypto, a market analyst and trader, has weighed in on claims concerning this bull cycle. The crypto analyst shared her insights after analyzing the recent market decline and the impending Bitcoin halving this month. According to the expert, there have been speculations that since BTC broke its all-time high early, the cryptocurrency can continue seeing fresh gains. Bullish Run Misconception: Bitcoin Can Hit Another ATH? Lady of Crypto has disregarded the claims that this bull cycle will begin early, saying she believed the community was “lied to and suggesting…
The Bitcoin Halving is set to take place this week. Miners’ rewards will be cut in half from 6.25 BTC to 3.125. This event is expected to have far-reaching effects on the miners themselves, as they are bound to lose a significant amount of revenue once the halving occurs. Bitcoin Miners Could Lose Up To $10 Billion In Revenue According to a Bloomberg report, Bitcoin miners could lose up to $10 billion annually following the Bitcoin Halving. This is because these miners, who currently earn 900 BTC daily from validating transactions, would see their income drop to 450 BTC once…
Nimble Network, a well-known AI protocol, has announced an exclusive integration to offer comprehensive decentralization. The company announced on its X account that Greenfield (the data storage mechanism of BNB Chain) will integrate with Nimble Network to increase the decentralization of the AI stack. Our newest integration with @BNBCHAIN’s Greenfield brings us one step closer to fully decentralizing the AI stack.Nimble will use BNB’s Greenfield data storage system to store models used within our protocol, eliminating one more centralization point in traditional AI.… pic.twitter.com/E7bV3Q0HYS — Nimble Network (@Nimble_Network) April 12, 2024 Nimble Network Announces Integration with Greenfield of BNB Chain…
Dentsu Inc. has partnered with Chiru Labs, creators of the globally popular Azuki NFT project, to develop an anime anthology series titled “Enter The Garden,” that will utilize the Azuki IP. The trilogy is directed by renowned anime director Goro Taniguchi, known for his work in “One Piece Film Red” and the “Code Geass” series. Azuki NFTs Meets AnimeToday, viewers can watch the trailer for “The Waiting Man,” the first episode of the trilogy “Enter The Garden.” The complete episode will premiere exclusively on Azuki.com and Azuki’s YouTube channel on Tuesday, April 30, 2024, with subsequent episodes to follow in the…
Ethereum gas usage declined along with overall activity. Whales show interest in ETH as prices surge. Ethereum [ETH] has been having a tough time over the last week as its price has declined significantly. However, it wasn’t just prices that were impacted during this period. Activity on Ethereum declines Ethereum’s median gas plummeted to as low as 12.5 gwei, marking the lowest level witnessed this year. At press time, the network’s Gas stood at 8 gwei, as reported by Dune Analytics. This happened as more users started preferring blockchains like Solana [SOL] and Base. While lower gas fees might initially…
