The recent crypto crash hit meme coins hard, culminating with a 9% drop in total market capitalization from Aug. 14 to Aug. 21. During the same period, Pepe (PEPE), Shiba Inu (SHIB), and ApeCoin (APE) saw a 25% decline. The big question is whether this trend will affect the wider market, signaling a broader bear market or simply reflects lagging…
Month: August 2023
World Mobile launches on Google Play for customers in Australia, Canada, UK, and US
Decentralized wireless (DeWi) network operator World Mobile announced the launch of its app on Google Play for users in the U.S., U.K., Australia, Canada, and Tanzania on August 22. The launch comes on the heels of a series of beta tests conducted in numerous markets typically considered underserved when it comes to mobile connectivity and availability including Kenya, Mozambique and…
Sam Bankman-Fried, Living on Bread and Water in Prison, Pleads Not Guilty
While Sam Bankman-Fried awaits trial in October on fraud and conspiracy charges, the fallen crypto founder is having a rough time in jail, his attorneys told federal Judge Sara Netburn on Tuesday. The revelations came as the disgraced executive pled not guilty to fraud and money laundering—a narrow set of charges by the government filed in December. Bankman-Fried’s lawyers argued…
‘Synergy Land’ RPG on Polygon Gives Off ‘Animal Crossing’ Vibes
Synergy Land is an upcoming action role-playing game (ARPG) that offers users a robust economy with NFTs, plus complex crafting mechanics. In our hands-on playtest of the game’s limited alpha release, we got a sneak peek at Synergy Land’s relaxing, more idle aspects. Designed for Windows PCs with a planned release on the Elixir Games launcher, Synergy Land is off…
Bitcoin Mining Startup Raises $13 Million to Turn Trash Into BTC
Nodal Power has secured a substantial $13 million funding round to continue converting methane gas produced by landfills into electricity, which is then dispatched to local electricity grids as renewable power. Not all of that energy will be sold, however. Some of it will be used directly by the firm to secure the blockchain through clean Bitcoin mining. “Bitcoin mining…
Classic PC Shooter Half-Life 2 Reborn in Lavish Remaster
Half-Life 2, the influential 2004 first-person shooter (FPS) game from Valve, is being remastered with ray tracing technology thanks to a newly formed mod team at Orbifold Studios, PC hardware firm Nvidia announced Tuesday. The team behind the Half-Life 2 RTX remake are recreating game assets and environments using Valve’s Hammer editor technology, as well as NVIDIA’s RTX Remix modding…
Dimensionals CEO: Crypto a 'No-Brainer' for Video Games
Mino Games CEO Sasha MacKinnon, developer of the upcoming Dimensionals game, tells Decrypt’s Kate Irwin about the studio’s approach to digital collectibles. Source: https://decrypt.co/videos/interviews/rdynom8C/dimensionals-ceo-crypto-a-no-brainer-for-video-games
Stellar joins Bytecode Alliance to help develop EVM alternative Wasm
The Stellar Development Foundation has joined the Bytecode Alliance, an industry group promoting the development of WebAssembly (Wasm), according to an Aug. 21 announcement. Wasm is a competitor to the Ethereum Virtual Machine (EVM) used by the Ethereum ecosystem. It is also used in non-blockchain, browser-based applications. We are officially members of @bytecodeallies! Our goal? To shape the future and…
First Republican presidential debate to feature pro-crypto candidates
Candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto-related policies will be meeting for a debate for the first time. At the time of publication, eight presidential candidates with the Republican Party are expected to appear in Milwaukee on Aug. 23 in the party’s first debate…
BlackRock has more to lose from a BTC price crash pre-Bitcoin ETF
Numerous theories emerge whenever the price of Bitcoin (BTC) takes a sudden and steep drop. The usual suspects include government regulations, the possibility of exchanges manipulating prices, Bitcoin whales manipulating prices, over-leveraged traders, and some conspiracies involving Tether (USDT). SEC kicks Bitcoin ETF can down the road Between Aug. 15 and Aug. 18, Bitcoin‘s price experienced a significant 12% decline.…