Month: March 2024

Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by 99% in some cases, with Arbitrum, Base, Optimism, and Starknet becoming cheaper across the board. Ethereum Dencun Upgrade Reduced Rollup Fees […] Source: https://news.bitcoin.com/ethereum-rollups-start-reaping-dencun-benefits-99-fee-drops-reported-in-some-cases/

Coffee giant Starbucks announced Friday that it is shutting down its Starbucks Odyssey beta platform, which provided NFT-based rewards minted on Ethereum scaling network Polygon. Starbucks will close the Odyssey platform and the associated Discord server in the coming days, with no clear indication of a planned return. “The Starbucks Odyssey Beta must come to an end to prepare for…

Continue Reading→

The market cap of Solana hit an all-time high late Friday, with CoinGecko data showing that it reached a peak of over $82 billion. It has since dropped slightly to about $80.5 billion, though still remains above 2021 peak levels. But the price of Solana (SOL) is still well below its all-time November 2021 high of $259.96. That’s because more…

Continue Reading→

Bitcoin SV (BSV) has plummeted 13% over the last day after a UK court ruled that Craig Wright is not pseudonymous Bitcoin creator Satoshi Nakamoto and did not write the leading cryptocurrency’s whitepaper. Coupled with a broader downturn in the cryptocurrency market, it’s been a rough week for the Bitcoin variant. Also known as Bitcoin Satoshi’s Vision, BSV was trading…

Continue Reading→

Experts say that Bitcoin’s massive price surge—interrupted, for the moment, by a deep dip—has paved a safe path forward for Bitcoin mining companies post-halving. Back in January, Cantor Fitzgerald estimated the average “all-in” cost to mine one coin for several publicly traded Bitcoin mining firms after the halving in April, which will cut miner revenues in half in BTC terms.…

Continue Reading→

Upland, a popular Web3 metaverse and crypto game, unveiled the inaugural chapter of its “Share and Build” airdrop series on Friday. This initiative is designed to reward players with tokens for their participation. Upland’s Airdrop Series Rewards Community Participation At its essence, Upland is a Web3 metaverse platform dedicated to virtual land ownership and fostering […] Source: https://news.bitcoin.com/upland-introduces-token-reward-system-with-share-and-build-airdrop-series/

Bitcoin’s tumultuous Thursday apparently caught traders unawares, with the token’s sudden plunge triggering nearly $300 million worth of BTC-specific liquidations in 24 hours, and over $800 million worth of liquidations across the broader crypto market.  Early Thursday morning, Bitcoin nearly touched $74,000, notching yet another all-time high for the red-hot cryptocurrency. Then a report from the U.S. Labor Department revealed…

Continue Reading→

Paris, France, March 15th, 2024, GamingWire Oxya Origin, a developing shooter and strategy games, is proud to announce the launch of its private beta. Oxya Origin is leveraging innovative technologies such AI & Machine Learning, Web3 & blockchain and Unreal Engine 5’s Lumen & Nanite features to build an immersive and engaging gaming universe owned by the players. Oxya Origin…

Continue Reading→

In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376% increase in its supply during […] Source: https://news.bitcoin.com/stablecoin-sector-expands-by-4-95b-in-12-days-usde-sees-376-supply-increase-tether-hits-103b/

The official Twitter (aka X) account of gaming giant Activision Blizzard—the publisher of the Call of Duty and Diablo franchises—was exploited Thursday night and used to share an apparently unaffiliated meme coin on Solana, passing it off as an official token launch. Screenshots of since-deleted tweets include an image of gaming icon Crash Bandicoot, which Activision owns, and claim to…

Continue Reading→