Blankos Block Party and NFL Rivals game developer Mythical Games has launched Nitro Nation World Tour (NNWT), a free-to-play mobile drag racing game with licensed car NFTs from luxury brands like McLaren, Aston Martin, and Jaguar. In NNWT, gamers can race each other in real-time or play through the game’s campaign mode after fine-tuning their cars and upgrading their garage.…
Pascal Gauthier, CEO and chair of hardware crypto wallet manufacturer Ledger, has announced the firm will be reducing its staff by 12%. In an Oct. 5 blog post, Gauthier said the staff cuts had been made “for the longevity of the business”, citing the 2022 bear market and the collapse of firms including FTX and Voyager Digital. According to data…
The number of active, open source developers in crypto has reached its lowest point since 2020, according to Web3 VC firms Andreessen Horowitz (a16z) and Electric Capital. Data from the former’s State of Crypto Index shows that crypto coders have nearly halved from their peak last year, sliding from 36,500 active devs in January 2022 to just 19,630 active devs…
After having a decent week, Bitcoin is up a modest nearly 1% in the past day—but it isn’t the shining star in the crypto market today. A number of altcoins are surging, with assets like Toncoin (TON), Aave (AAVE), and Maker (MKR) leading the charge. Prominent DeFi token MKR is up more than 3%, currently trading hands for $1,455, according…
On Oct. 2, the price of Bitcoin (BTC) saw a 5.5% intraday increase to $28,600 but the largest cryptocurrency by market cap lost momentum as the highly anticipated launch of Ether futures exchange-traded funds (ETFs) failed to generate significant trading volumes. While the recent rally into the upper end of the current price range was likely encouraging to investors, recent…
The StarsArena Web3 app on Avalanche has lost some of its funds due to a malicious attack, according to social media reports on October 5. StarsArena user Lilitch.eth discovered the exploit and announced it on X, formerly known as Twitter. Lilitch.eth claimed over $1 million was lost in the attack. The StarsArena team confirmed the attack, calling it a “war”…
Bitcoin bulls struggle to top their highs from the start of the week, while BTC price forecasts diverge over what could be next. Source: https://cointelegraph.com/public/index.php/news/bitcoin-new-local-low-btc-price-levels-28k-rejects
Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards. According to a new survey by crypto exchange Bitget published on October 5, 46%, 44%, and 41% of respondents in South Korea, Canada, and Turkey said improving their living standards is their greatest financial goal when investing in digital assets. Meanwhile, around 36% of…
Bitcoin (BTC) rejected at $28,000 after the Oct. 5 Wall Street open as a return toward six-week highs failed. BTC/USD 1-hour chart. Source: TradingView Bitcoin sees swift comedown after new $28,000 retest Data from Cointelegraph Markets Pro and TradingView followed BTC price action as bulls attempted to match levels from earlier in the week. This encountered problems just above the…
The next crypto bull market is likely to kick in in Q2 next year when the Bitcoin halving is set to take place, says macro investor and Real Vision CEO Raoul Pal. He is convinced that, despite the hype surrounding the halving, macro factors will play the leading role in sparking the next uptrend. According to Pal, the Bitcoin halving…
