Author: Crypto News Live
Seedify, a famous Web3 launchpad and incubator, has started an exclusive partnership. As per its official announcement on X, the company is collaborating with Polygon (a PoS blockchain) to expand the development in the Web3 sector. In its post on the social media platform, the firm noted that the collaboration will offer several beneficial things. The cooking never stops here… and we got a feeling you’ll like this dish 😉@0xPolygon and Seedify are joining efforts to power up web3 development ❤️🔥Here’s what this synergy brings to the table:🔷 Seedify can connect with Polygon Ecosystem for possible launches and… pic.twitter.com/Daue8BBbtU —…
The Consumer Financial Protection Bureau (CFPB) has released a report highlighting its concerns over financial transactions on online gaming platforms. As part of its mandate to protect consumers in financial markets, the CFPB is closely monitoring these transactions and their potential impact on players.Banking in Video Games and Virtual WorldsThe report outlines how players in popular video games can earn or buy in-game currency using fiat currency. This digital currency is then used for various in-game transactions, such as purchasing virtual items or upgrades. The CFPB likens these transactions to “banking in video games and virtual worlds,” highlighting the increasing role of financial activities within…
A widely followed crypto strategist believes that one Ethereum (ETH) competitor is gearing up to witness a breakout rally. Pseudonymous analyst The Crypto Dog tells his 775,100 followers on the social media platform X that he’s bullish on the smart contract protocol Near (NEAR). The analyst shares a chart suggesting that NEAR is threatening to take out its diagonal resistance on the daily chart. “NEAR makes a move soon. Maybe not today but soon. BTC flat, SOL red, NEAR green makes me pay attention.” Source: The Crypto Dog/X Even though Near is still struggling to move above the diagonal resistance,…
Bitcoin ABC, a node implementation for the Cash network, has announced the availability of a critical hotfix update, Bitcoin ABC version 0.29.1. This release addresses a bug identified in the previous version (0.29.0) that risked the network’s stability and efficiency by causing duplicate connections to peers. 📣 Bitcoin ABC 0.29.1 is here!ℹ️ This is a hotfix release to fix a bug that could cause the node to initiate duplicated connections to peers. Node operators running 0.29.0 are encouraged to update. Previous versions are unaffected.$XEC #JustBuild🛠️ https://t.co/21RH3JCiSj — eCash (@eCashOfficial) April 5, 2024 The hotfix aims to rectify a flaw that…
Bitcoin might begin another bull rally before its upcoming halving. Metrics and indicators supported the possibility of a bull run. Bitcoin’s [BTC] price finally showed signs of a bull rally after days of being in a consolidation phase. The king of cryptos’ price action turned bullish at a time when it was expecting its next halving just in a few days. Bitcoin turns volatile After several days of sluggish price movement, BTC bulls recently made a move, allowing the king of cryptos to register gains. According to CoinMarketCap, Bitcoin was up by more than 2% in the last 24 hours,…
TL;DRFull StoryIs cryptocurrency just silly internet money? Or is it a life changing technology?…porque no los dos?Sure, to the cynical eye — Bitcoin (and every other cryptocurrency in existence) is just a glorified shared Google Sheet, updating who-owns-what imaginary currency in real time…That’s the ‘against’ argument ☝️Now…Here’s the ‘for’ 👇At their core — all modern currencies (whether crypto or fiat), are tracked this way…however folks don’t value cryptocurrencies like Bitcoin because of their similarities to fiat, but because of their differences. E.g. Bitcoin has no middle men (banks), cannot be controlled by any one entity (governments), and has a fixed…
Increased meme coin activity on Base contributed to the hike. A surge in active addresses could improve the number in the forthcoming weeks. Layer-2 projects built on the Ethereum [ETH] blockchain like Polygon [MATIC] have been experiencing a surge in on-chain activity. According to IntoTheBlock, transactions on the networks have hit 32 million every week since the Dencun upgrade. However, the 32 million transactions were not for Polygon alone – it includes Base, Arbitrum [OP], and Optimism [OP]. Source: X Ethereum finalized the Dencun upgrade on the 13th of March. For the uninitiated, the upgrade helped to lower costs on…
In a groundbreaking move for the horse racing industry, The Winners Circle, a fan loyalty platform introduced by the prestigious Racing League, is revolutionizing the way fans engage with the sport through its new feature called “Skill2Earn.” Enabled by a partnership with the blockchain platform Zilliqa, The Winners Circle aims to incentivize fan engagement and reward members based on their racing expertise. Historically, horse racing fans have had limited avenues to interact with the sport beyond traditional betting on race outcomes. Recognizing the growing demand for innovative and gamified interactions, such as fantasy sports platforms, prediction games, and loyalty programs,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In boardrooms across corporations, a quiet revolution is underway as executives and creative teams find new ways to utilize unique blockchain-based tokens in their marketing strategies. Dubbed digital collectibles—a term aimed at simplifying the concept for consumers—non-fungible tokens (NFTs) are being seamlessly integrated into products of major corporations to breathe new life into both virtual and physical customer experiences. You might also like: NFTs will remain a permanent fixture in society | Opinion Long gone are the…
Crypto hedge fund Pantera Capital, which has over $5 billion in assets under management, has reportedly seen its Liquid Token Fund appreciate by 66% during Q1 2024. According to a new report by Bloomberg, Pantera Capital’s $300 million crypto fund ended the first quarter with massive gains due to the rise of digital assets such as smart contract platform Solana (SOL), decentralized derivatives exchange Aevo (AEVO), decentralized finance (DeFi) protocol Ribbon Finance (RBN) and open source blockchain Stacks (STX). Pantera’s success partially stemmed from having reduced exposure to Bitcoin (BTC) and Ethereum (ETH) and allocating to smaller market cap altcoins.…
