This story comes from GG. Your Web3 Gaming Power-Up Discover GG Mojo Melee, an NFT game built on Ethereum scaling network Polygon, has partnered with retail giant Amazon to give away NFTs for Amazon Prime subscribers. The first offering, available now via the Amazon Prime Gaming portal, is a free package that includes an NFT and in-game currency to Prime…
Month: August 2023
Binance’s CZ warns crypto community about emerging scam
Binance CEO Changpeng ‘CZ’ Zhao warned his followers on X about a tricky and increasingly popular scam targeting the crypto community, in which fake wallet addresses are used to defraud users during transactions. The scheme generates addresses with the same starting and ending characters as the user’s original address. Once the mirrored address has been generated, the scammer sends the…
Price analysis 8/2: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
Bitcoin is witnessing a strong battle between the bulls and the bears with the sellers currently holding a slight edge. Source: https://cointelegraph.com/news/price-analysis-8-2-btc-eth-bnb-xrp-doge-ada-sol-matic-ltc-dot
These Are the High-Profile Ethereum Futures ETF Applications Currently in Play
As the recent fever surrounding Bitcoin exchange-traded funds (ETFs) somewhat subdued, with the issuers and investors still eagerly awaiting the regulatory approval for this investment vehicle in the U.S., Ethereum futures ETFs have suddenly taken center stage. At least five applications from different firms were filed within 24 hours on August 1, and another was one submitted last week. An…
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
The United States Department of Justice is reportedly considering charging cryptocurrency exchange Binance with fraud, but hesitating based on costs to consumers. According to an Aug. 2 Semafor report citing people familiar with the matter, Justice Department officials are concerned about an indictment against Binance causing a run on the exchange similar to what happened with FTX in November 2022.…
Consensys Startup Program partners with Cointelegraph Accelerator
The transition from Web2 to Web3 is reshaping the technology landscape and attracting the attention of developers. Despite the challenges faced during the current crypto winter, the Web3 ecosystem continued to onboard new developers, with many thousands of developers making the jump from Web2 to Web3. However, developers working with Web3 and blockchain technology can face numerous issues if they…
Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
According to data provided by the Ukrainian government, cryptocurrency exchanges offering services in the country have failed to contribute more than $81 million to the national budget in the last decade. In an Aug. 2 notice, the Economic Security Bureau of Ukraine reported unrelated crypto exchanges were responsible for at least 3 billion hryvnia in lost taxes — roughly $81…
Gaming Giant Bandai Namco Launches AI Virtual Pet NFT Game
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Major video game creator Bandai Namco has teamed up with Oasys, a gaming-centric blockchain network, to create an AI-powered virtual pet game around a series of NFT-based digital creatures known as RYU. Developed by Bandai Namco Research alongside Japanese startup Attructure, and published by Double Jump.Tokyo, the RYUZO game…
Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries
Decentralized Web3 data service Space and Time has tapped into zero-knowledge proof (ZK-proof) technology to cryptographically verify information queries within its ecosystem. The company’s proprietary Proof of SQL allows the platform to generate a SNARK cryptographic proof of a query within its decentralized data network, allowing users to trust that a data query is accurate and has not been manipulated. Space and…
Litecoin Just Had Its Third Halving—Here’s What That Means for LTC
The rate of newly issued Litecoin, the 12th largest cryptocurrency by market cap, has today shrunk in an event called “the halving.” Just like Bitcoin, every four years or so, the supply of Litecoin rewards given out as mining rewards gets cut in half, meaning fewer of the digital coins are created. The idea is to lower the rate of…