The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has launched with blockchain elements present. The game, which has been designed for mobile and PC platforms, introduces a token system that lets players use their earnings outside of the game, and will…
Read this guide to understand the risk, known as impermanent loss (IL), that liquidity providers take in exchange for fees earned in liquidity pools. How to avoid impermanent loss?Liquidity providers cannot avoid impermanent loss completely. However, they can use some measures to mitigate this risk such as using stablecoin pairs and avoiding volatile pairs.One strategy…
The virtual currency, which employees have reportedly dubbed “Zuck Bucks,” will be aimed at use in the metaverse. Social media giant Facebook’s parent company Meta is reportedly planning to introduce virtual currency as well as lending services to apps it owns, with Facebook, WhatsApp, Instagram, and Messenger potentially being among those impacted. According to a Financial…
Regulations, exchanges and local adoption help cryptocurrencies gain traction in Indonesia. Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC) grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion)…
The WTF token airdrop got off to a wild launch. Users reportedly lost thousands of dollars while one bot disappeared with 58 ETH. Fees.wtf is a simple service that shows Ether (ETH) users their lifetime spend on Ethereum blockchain transactions by measuring gas. You plug in your wallet address on their website and they tell…
Reddit engineer, Rahul, highlights the social media platform’s efforts to improve user interaction through various cryptocurrency initiatives. American social media giant Reddit may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer.A series of tweets made by Reddit…
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers. Facebook-backed digital currency project Diem could yet launch its first stablecoin in 2021 as a small-scale pilot, according to an anonymous source. Cited in a CNBC report published on April 20, the source claimed that the Switzerland-based nonprofit…
Nonfungible token projects continue to rally as big-name players dabble in digital assets and the pace of cryptocurrency’s mainstream adoption increases across multiple sectors. Nonfungible tokens (NFT) have risen in popularity over the past couple of months as stories of record-setting multi-million dollar auction sales begin to emerge on a daily basis. While projects like Cryptokitties,…
The son of Yoko Ono and John Lennon looks deeper into crypto with NFT art. Sean Ono Lennon, a British-American musician, songwriter, and producer, has auctioned a tokenized digital illustration on NFT marketplace, Rarible.According to Rarible data, Lennon sold a piece entitled “Etharian 1” on Dec. 14 for 5.5 wrapped Ether (WETH), worth about $3,200…
The South Korean gaming regulator is reluctant to embrace NFTs. The South Korean blockchain gaming industry is concerned regulators are looking unfavorably on non-fungible token based games, after the Game Rating and Administration Committee (GRAC) postponed an application for the NTF-based Five Stars on September 22. According to iNews24, the watchdog decided to hold off from…
You’ve definitely heard of this major media player. Multinational media and entertainment conglomerate, WarnerMedia, is joining the blockchain gaming ecosystem via its subsidiary, Turner Sports.The company, which is responsible for sports broadcasts on channels such as TBS, TNT, and TruTV among others, recently announced “Blocklete Games”; a platform which will allow players to collect, train,…
Is this new DeFi trend here to stay? The DeFi frenzy has been making the headlines in the last few months, as crypto exchanges rush to list popular tokens within the decentralized finance sphere. However, another concept called “Elastic Finance” has emerged, which could be the next generation of financial platforms that can use unique…
With Nifty Gateway recently auctioning a digital artwork and NFT for a record $55,555.55, the art world is on alert. Nifty Gateway, a leading marketplace for nonfungible tokens with the backing of the Winklevoss brothers, recorded its largest-valued auction to-date on July 23 when the digital artwork and NFT “Picasso’s Bull” sold for $55,555.55.The milestone…
CryptoKittes’ creator Dapper Labs has secured $12 million in investment from blockchain venture capital notables and pro-NBA players. Dapper Labs, the team behind CryptoKitties and NBA Top Shot, has secured $12 million in the latest investment round for its Flow blockchain.New investors include Coinbase Ventures, BlockTower Capital, and NBA players Andre Iguodala of Miami Heat,…
Focusing on title tokens, a theory of smart laws, digital authorities and how to protect the system from digital dictatorship. Title token is a record of ownership similar to the one made in a traditional estate registry. This concept is designed as an alternative to security tokens and various financial crypto instruments. The title token…
Some analysts believe that Compound’s Governance Token’s dramatic rally and crash may have been engineered by derivatives traders. A number of analysts have suggested the meteoric price performance of the Compound Governance Token (COMP) may have been orchestrated using derivatives.After initially changing hands for approximately $80 each upon its June 18 listing on Poloniex, COMP…
Get in touch with us... ↲
