The Web3 gaming company announced that its fully Ethereum-compatible network is now available for public testing.
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Immutable zkEVM begins testnet phase with 12 Web3 games in development
The Web3 gaming company announced that its fully Ethereum-compatible network is now available for public testing.
Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support.
Latest superseding indictment against Sam Bankman-Fried includes campaign finance allegations
Sam Bankman-Fried allegedly used more than $100 million “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation”.
SBF jailed, FTX partners under attack: Law Decoded
Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials.
Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers
According to Sam Bankman-Fried's legal team, he was "only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail.
Bitcoin vs. gold: Are market cap and other comparisons actually relevant for investors?
Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency.
Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. dollar index may limit the upside recovery.
Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin (BTC) has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third tightest ever.
Typically, periods of low volatility are followed by a range expansion. The longer the time spent inside a range, the stronger the eventual breakout from it. The only problem is that it is difficult to time the breakout with certainty. Therefore, traders should be watchful else they may miss out on the opportunity to ride the next trending move.
Daily cryptocurrency market performance. Source: Coin360One reason that could be weighing down on the risky assets is the strength in the U.S. dollar index (DXY), which has risen for four consecutive weeks.
In contrast, the United States equities markets entered a corrective phase in the past few days. The S&P 500 Index (SPX) and the Nasdaq Composite have both pulled back for the past two weeks, indicating profit-booking by short-term traders.
What are the important support and resistance levels to watch for in Bitcoin and altcoins? Let’s analyze the charts to find out.
Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. dollar index may limit the upside recovery.
Bitcoin Frontier Fund launches accelerator program for Ordinals startups
The program will provide seed money, mentoring and support to approved applicants.
Bitcoin Frontier Fund launches accelerator program for Ordinals startups
The program will provide seed money, mentoring and support to approved applicants.
Bitcoin Frontier Fund launches accelerator program for Ordinals startups
The program will provide seed money, mentoring and support to approved applicants.
Machi Big Brother withdraws defamation lawsuit against ZachXBT
Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory.
What is PayPal USD, and how does it work?
By unveiling its stablecoin, PayPal is attempting to claim a share of the growing cryptocurrency market.
The company says that PYUSD will be able to support quick fund transfers for various purposes, such as remittances. PayPal has also indicated that the new cryptocurrency will be compatible with Web3 environments and will eventually be available on Venmo.
The move to support Web3 seems to be a strategic one for PayPal as Web3 is widely hailed as the next generation of the internet. With Web3 frameworks being built atop blockchain technology, cryptocurrencies are set to play a crucial role in facilitating transactions within these ecosystems.
In Web3 environments, users will have more control over their data, interactions and digital identity. Cryptocurrencies will help to shape the way people transact and support online platforms and creators.
They will do this by enabling secure and direct peer-to-peer transactions in Web3, thereby eliminating the need for intermediaries, such as banks or payment processors. This will translate to faster, more efficient and more cost-effective transactions and higher earnings for creators.
Bitcoin teases new volatility as BTC price taps 4-day high near $29.6K
BTC price movements edge higher as the Wall Street trading week begins, Bitcoin building on a weekly close which gave cause for cautious optimism.
How to identity fake cryptocurrency
Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions.
Chinese man sentenced to 9 months in prison for buying 13K in USDT
China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike.
TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2.
Metaverse project The Sandbox unlocks $133M worth of tokens
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Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked tokens are worth around $133 million at the time of the unlock.
On Aug. 14, The Sandbox proceeded with its scheduled unlock for over 300 million tokens. According to the vesting schedule tracker Token Unlocks, The Sandbox unlocked 71 million for its team, 37.5 million for its advisors, 96.8 million for its company reserve, 24 million for its strategic sale buyers and almost 103 million tokens for its seed sale participants. Each of these holders are now able to trade their tokens into the open market.
Unlock progress for The Sandbox token. Source: Token UnlocksA token unlock is normally very bearish for digital asset prices, as it unfreezes liquidity and injects it into the open market. The SAND token has been on a bearish trend since 30 days ahead of the unlock.
On July 15, the token hovered around $0.45. The price then dropped to $0.39 at the time of writing. Currently, SAND’s 24-hour trading volume sits at $106 million according to coin information website CoinGecko.
