This story comes from GG. Your Web3 Gaming Power-Up Discover GG Among Gala Games’ many upcoming Web3 offerings is Mirandus, a massively multiplayer online role-playing game (MMORPG) set in a medieval fantasy world—featuring a first-person point of view and a minimalist visual aesthetic. While still in development, Decrypt had the chance to check out an early tech test of the…
Pioneers and insiders of the decentralized finance industry strongly believe they are the vanguard of a new and better way to handle financial transactions. Still, it doesn’t mean they have nothing to learn from centralized finance companies. While CeFi has the advantage of more familiarity and a long history, those aren’t the only reasons it can still outperform DeFi when…
The price of Lido DAO (LDO) has rebounded to its three-week high of $2.21 as of May 16, up 40% when measured from its local low of $1.57, established four days ago. This impressive double-digit recovery appeared in tandem with other top-ranking crypto assets, including Bitcoin (BTC) and Ether (ETH). However, LDO has greatly outperformed the broader crypto market (TOTAL)…
Blockchain platform Tron has revealed the results for the fourth season of its popular ‘HackaTron’ competition. The top projects share a prize pool of 500,000 USDD, a Tron-based decentralized, overcollateralized, multi-chain stablecoin, as well as access to Tron DAO Ventures and Huobi Ventures for potential capital funding. Over 625 participants participated across six tracks, including DeFi, Web3, NFT and GameFi…
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage of the ability to view and transfer Ordinal inscriptions using the…
Connecting your crypto seed phrase to your passport. What could go wrong? Hardware wallet provider Ledger has caused a stir online after releasing its latest Ledger Recover service in their latest firmware update. In a nutshell, it’s an ID-based key recovery service that backs up users’ seed phrases. To use the service, users must provide a passport or national identity…
A central limit order book (CLOB) is a digital platform or system that facilitates trading financial instruments such as stocks, bonds, commodities or cryptocurrencies. It is a critical component of modern electronic trading and is used by financial exchanges, marketplaces, and trading venues to compare buy and sell orders from various market participants. A CLOB is a database that organizes…
The tide might have gone out on Bitcoin Ordinals, but there’s a strong undercurrent of investments in Bitcoin-only companies. River, a U.S.-based Bitcoin (BTC) technology and financial services company is the latest to make a splash. River announced a $35 million Series B equity funding round despite the bear market. Kingsway Capital led the round, with notable contributions including Paypal co-founder Peter Thiel,…
Privacy-focused blockchain and artificial intelligence startup Auradine has raised $81 million in Series A funding led by venture capital firms Celesta Capital and Mayfield. The company says it is developing “breakthrough scalability, sustainability, and security solutions.” Bitcoin mining firm Marathon Digital Holdings also invested in Auradine’s Series A, alongside Stanford University, Cota Capital, and DCVC. The company is based in…
The launch of BRC-20 tokens and Ordinals NFTs on Bitcoin has transformed the No. 1 blockchain overnight into a clunkier version of Ethereum. The core developers and miners who signed off on the network’s Taproot upgrade in November 2021 never envisaged this would be the result. Bitcoin now suffers from many of the same problems that have bedeviled Ethereum for…
