Sorare, the innovative fantasy soccer game built on the principles of Web 3.0, has recently announced a significant update to its platform. The game has incorporated officially licensed 3D and augmented reality (AR) player cards, taking the visual appeal and interactivity of the game to new heights. This update aims to provide a delightful experience
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Bitcoin, the world’s largest cryptocurrency, has faced both progress and setbacks over the past year. These fluctuations have also been reflected in digital asset investment products. However, recent data from Coinshares indicates that despite overall outflows from digital investment products, Bitcoin has managed to show resilience by recording a weekly inflow of $3.8 million. Despite
In the world of cryptocurrencies, threats and intimidation are unfortunately not uncommon. However, one prominent figure in the crypto space, Emma Heaver, takes a no-nonsense approach when it comes to dealing with online trolls. With guns at her disposal and a defiant attitude, Heaver boldly speaks out against altcoins and memecoins, much to the chagrin
Global payments processor, Visa, has recently announced its support for USD Coin (USDC) payments settled on the Solana blockchain. This marks a significant expansion of Visa’s stablecoin offering and demonstrates the company’s growing interest in cryptocurrencies and blockchain technology. With live and completed pilots already underway, Visa is leveraging the benefits of USDC and blockchain
The South Korean government is taking a proactive approach to combat North Korea’s use of cryptocurrency assets for its weapons program. According to a report by Korea JonngAng Daily on September 4th, the government plans to submit a bill that will enable it to track and freeze crypto assets linked to North Korea. The bill
Regulated stock exchanges around the world are facing increasing pressure to offer cryptocurrency products due to growing demand from both retail and institutional investors. According to a report published by the World Federation of Exchanges (WFE), there is a significant interest in crypto-related assets like Bitcoin. However, despite the demand, regulated exchanges remain reluctant to
Nigeria, a country located in West Africa, has emerged as a leading player in the world of cryptocurrency. According to a recent study conducted by blockchain and Web3 software company Consensys, an impressive 99% of Nigerians are familiar with cryptocurrencies. This outstanding level of awareness surpasses that of any other country on the globe. The
Manhattan’s vibrant Seaport district has become the backdrop for an exciting new digital initiative. The Howard Hughes Corp and MoonPay have partnered up to offer visitors a unique scavenger hunt experience that seamlessly combines physical exploration with digital rewards. This collaboration aims to bring a gamified Web3 experience to the historic waterfront neighborhood, creating an
The government of the United Kingdom has recently released a statement outlining its objectives for the upcoming AI Safety Summit, scheduled to take place on November 1-2 at Bletchley Park. The Department for Science, Innovation & Technology is aiming to bring together various stakeholders, including key countries, technology organizations, academia, and civil society, to discuss
In a recent email to CryptoSlate, Binance confirmed that Mayur Kamat, the head of product at the exchange, has left his role. Kamat, who joined Binance in January 2022, brought with him a wealth of experience from his previous positions at Google and Agoda. His departure adds to the growing list of top-level executives who
Crypto gambling site Stake.com recently experienced an alarming situation involving $16 million in suspicious withdrawals on September 4th. The security platform, Cyvers Alerts, labeled these transactions as “suspicious” and identified the withdrawing account as the “Stake.com Hacker.” Etherscan, a blockchain explorer, further suggests that a stolen private key may have caused the drained funds. Blockchain
Following the FTX crash back in November 2022, a significant amount of crypto remained in the exchange’s wallets due to the ongoing legal battle between the exchange and its creditors. These idle tokens, worth over $3.5 billion, have now caught the attention of crypto enthusiasts as recent activities indicate that a large chunk of them
Cryptocurrencies have taken the financial world by storm, with their popularity continuing to soar. As the demand for more effective analysis tools grows, yPredict, a cutting-edge trading analytics platform, has emerged as a frontrunner in the field. Currently conducting a crypto presale to develop its real-time AI trading analysis suite, yPredict aims to provide traders
Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has achieved a significant milestone in its short existence. Within weeks of its relaunch, the total number of wallets on the network has exceeded 1 million, indicating rapid adoption and interest among users. This article will explore the growth of the Shibarium network, its current challenges,
The recent court ruling against the Securities and Exchange Commission (SEC) in the case of Grayscale Investments has led JP Morgan analysts to believe that the SEC might be compelled to approve the spot Bitcoin exchange-traded fund (ETF) applications submitted by multiple firms. This potential development could have significant implications for the crypto industry. In
Ripple, after a period of steady price movements, has finally shifted towards a bearish trajectory. This decline has caused a breach below a critical support zone that is defined by the 200-day moving average. Analyzing the daily chart, it is evident that the drop in XRP price is a result of elevated selling pressure and
The once vibrant crypto market has recently lost its glitter, with bitcoin futures trading volume dwindling and the flagship cryptocurrency struggling to stay afloat. Data from Glassnode reveals that bitcoin futures open interest, which indicates the excitement surrounding upcoming contracts, has plummeted to a 5-month low of $11.3 billion. This downward trend suggests that traders
In a surprising development, on-chain data has revealed that a cold wallet owned by the collapsed cryptocurrency exchange FTX has moved close to $10 million worth of altcoins from Solana to Ethereum since August 31st. The exact reasons behind these transfers remain undisclosed, leaving the crypto community puzzled. Notably, the altcoins transferred include popular tokens
Bitcoin has always been subject to speculation and analysis, with experts constantly trying to predict its future performance. Renowned cryptocurrency analyst Benjamin Cowen recently shared his data-driven insights on Bitcoin’s historical performance in September and its potential trajectory for the current year. While Cowen acknowledges that September has traditionally been a challenging month for BTC,
Cryptocurrency has rapidly evolved, and with it, the need for legal clarity has become crucial. The recent legal battles between major crypto exchanges and regulatory authorities highlight the significance of obtaining comprehensive legal opinions for token projects. In this article, we will explore the importance of legal opinions in crypto tokens and how they have
Bitcoin recently experienced an unexpected decline from the $29K mark, resulting in a significant breakdown of the pivotal 100-day and 200-day moving averages. This bearish trend has left many wondering how low BTC can go in the current market conditions. It is essential to analyze the price action and market dynamics to gain insights into
As the financial market becomes increasingly unpredictable, traders and investors are in constant search for reliable analytical tools. In response to this demand, yPredict, a groundbreaking project that is currently in development, aims to offer a unique blend of traditional statistical models and modern artificial intelligence technologies. With an initial funding of $3.69 million for
Former SEC chair, Jay Clayton, recently shared his thoughts on the potential approval of a Bitcoin Exchange-Traded Fund (ETF) during an interview with CNBC. He acknowledged that the SEC faces a difficult challenge in regulating cryptocurrencies, especially considering the evolution of the crypto market over the years. Clayton highlighted the SEC’s initial struggle with non-compliant
The recent Bitcoin rally has captured the attention of investors and enthusiasts alike. However, a closer look at the trend in the total supply of stablecoins suggests that this surge may not be sustained. This article analyzes the relationship between stablecoin supply and Bitcoin price, raising questions about the long-term viability of the current rally.
Bitboy Crypto’s Ben Armstrong recently took to the BitBoy Crypto YouTube channel to release an emotional apology video after being kicked out of the company. In this heartfelt video, Armstrong publicly acknowledged his mistakes that ultimately led to his ouster. Alongside him was his supportive wife, Bethany, emphasizing her forgiveness and commitment to their relationship.
DeFi continues to make significant strides, and this week, Ethereum staking services have reached an agreement on implementing a 22% limit on all validators. This decision aims to ensure fair markets and maintain the decentralization of the Ethereum network. Several providers, including Rocket Pool, StakeWise, Stader Labs, and Diva Staking, have committed or are in
Yuga Labs has recently made an exciting announcement that will surely delight gamers and enthusiasts alike. The company has released an early version of their highly anticipated game, ‘Legends of Mara,’ for open beta testing. This move is not only aimed at allowing players to experience the game firsthand but also to gather valuable feedback