Crypto gaming company Immutable announced Wednesday that it will let players avoid transaction fees on its upcoming Immutable zkEVM network, thanks to a feature that lets game developers “sponsor” such gas fees for players. Games that are built on Immutable zkEVM, a gaming-focused Ethereum scaling network announced in March, will be able to enable the feature. Such a move could…
Web3 gaming firm Immutable is set to completely cut out gas fee payments for gamers when its proprietary zero-knowledge proof-based (ZK-proofs) scaling platform goes live in early 2024. Immutable zkEVM provides the technology for blockchain-based game developers to remove transaction fees from end users, which is touted to create a “frictionless onboarding” experience for gamers. Web3 games built on blockchain…
It was the perfect viral story: an out-of-shape crypto billionaire was caught not just spending $62,000 a month on his favorite model’s OnlyFans, but shortly thereafter tattooing her face on his leg. He also allegedly begged her for an open relationship in weeks worth of deranged, unanswered messages, and offered her 10 Bitcoin (almost $430,000) if she so much as…
Since bottoming around $16,800, Bitcoin (BTC) has displayed resilience throughout 2023, posting over 153% gains year-to-date and $143% over the last 12 months to outperform major tech companies. BTC/USD Daily Chart. Source: TradingView Despite this impressive performance, the flagship cryptocurrency‘s price is still 39% below the all-time high (ATH) level reached in November 2021. Meanwhile, Bitcoin continues to hit new…
The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve or disapprove a spot Ether (ETH) exchange-traded fund, or ETF, proposed by Invesco and Galaxy Digital. In a Dec. 13 notice, the SEC said it would designate a longer period on whether to approve or disapprove a proposed rule change that would allow the…
For more than a year, all it would take is clicking on a maliciously crafted link on Twitter and your account could have been taken over and used to tweet, retweet, like, or block other users. The vulnerability was disclosed publicly on Wednesday, leading to a quick fix—and a scolding for the user who disclosed it. Instead of earning a…
Hitachi Research & Development is teaming up with blockchain developer Concordium Foundation to create a “proof of technology” for a biometric crypto wallet, according to a December 12 announcement. The new wallet will allow users to generate a set of seed words using just their fingerprints or facial scan. It will not require users to store these seed words or…
In this week’s newsletter, read about how nonfungible token (NFT) trading volume neared $1 billion in November, and check out new NFT releases from former United States President Donald Trump, FIFA and heavy metal band Megadeth. In other news, find out why NFT platform Enjin transferred 200 million NFTs from Ethereum to its own blockchain. And don’t forget this week’s…
Bitcoin gained some upward momentum, picking up 0.8% in the past hour, following an announcement from Federal Reserve officials that the central bank would leave interest rates unchanged. At the time of writing, Bitcoin is trading for$42,383.95, according to CoinGecko. Ethereum also responded positively to the news, having picked up 1% in the past hour. It’s currently changing trading for $2,234.…
In the months following ChatGPT’s seismic debut last November, apocalyptic fears swirled of AI’s potential to destroy almost every human profession imaginable. The entertainment industry ranked high among sectors most preoccupied with AI’s looming threat; but given the stilted, obviously synthetic quality of much GPT-crafted creative output, many assumed that the arts would be—at least for now—a bit more insulated…
