The metaverse gaming ecosystem continues to grow in size. In the previous years, the sector was dominated by early projects like Axie Infinity and the Sandbox. However, the massive hack on Axie Infinity earlier this year that drained around $600 million from the project created a gap in the transparency and security offered by these …
Continue reading “5 Metaverse Games Coins to Invest in – August 2022 Week 2”
Widely followed on-chain analyst Will Clemente says Bitcoin (BTC) buy orders on crypto exchange Coinbase are reminiscent of BTC’s bottom in March 2020. Clemente tells his 657,400 Twitter followers that BTC bulls on Coinbase have placed thick buy orders from $17,000 and below. According to the on-chain analyst, the eagerness of market participants to catch …
Bitcoin (BTC) hit multi-day lows into Aug. 10 as crypto traders braced for impact with fresh United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Market “could get ugly” if CPI keeps rising Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $22,668 on Bitstamp at the most recent daily …
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The cryptocurrency space is still growing, with new tokens and projects being launched daily. PancakeSwap, one of the best DeFi exchanges, has been a hub for many new and promising projects. Some of the new cryptocurrencies expected to list on PancakeSwap include the following: Battle Infinity (IBAT) The Battle Infinity presale has already ended. The …
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Magic Eden submits a proposal to launch the “ApecoinDAO” NFT marketplace The marketplace intends to provide utility to Apecoin holders by building a custom marketplace to trade and purchase NFTs. Leading Solana NFT marketplace Magic Eden has submitted a proposal to the ApecoinDAO to build a special NFT marketplace for $Apecoin users. Magic Eden Proposes …
Ripple has witnessed a significant value increase, which started around the middle of July. Subsequently, this uptrend has reversed to a downward correction not quite long from now. Although the price candle stays within the reach of being caught up in an upward reversal, there is a need for caution in this market. XRP Forecast …
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A “killer app” for consumers is what will be needed to bring the decentralized finance (DeFi) sector to a level that draws in a mainstream audience, said Ripple Lab’s head of DeFi markets Boris Alergant. Alergant nade the comments during a panel at the Blockchain Futurist Conference titled “The Future of Decentralized Finance” on Aug. …
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Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade official. News that the Islamic republic placed its first import order using crypto was shared by Iran’s Deputy Minister of Industry, Mine & Trade Alireza Peyman-Pak in a Twitter …
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Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming Merge upgrade and switch to a Proof-of-Stake (PoS) consensus mechanism-based blockchain. The announcement came on the same day as its stablecoin competitor, who pledged they will only …
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One of our most promising memecoins of this year, Tamadoge, has continued to attract a large following. Tamadoge has raised upwards of $1 million within 14 days of the first phase of its presale. According to the official telegram group of the project, new members have joined the #TamadogeArmy and are bullishly rallying behind it …
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CryptoSlate’s Akiba speaks to the Head of Growth for the Aave companies, Christina Beltramini, about the future of social media in web3, the reasons why it is needed, and how users can protect their data by migrating to web3 social. 6 min watch Updated: August 10, 2022 at 2:35 am [embedded content] CryptoSlate’s Akiba speaks …
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are not a legal means of payment …
Iran has placed its first official import order using cryptocurrency worth $10 million, according to a government official. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries,” the official added. Iran Uses Crypto to Place Import Order Iran placed its first official import …
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On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a 38% boost this quarter. Publicly-Listed Bitcoin Miner Cleanspark Expands Operations in Georgia …
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