OKX Racer is a unique Telegram mini app available through the OKX exchange that allows users to predict the price of Bitcoin within a short five-second window. The appeal of OKX Racer lies in its free-to-play model and the potential to earn points and rewards with accurate predictions. Registering and getting started with OKX Racer
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The second day of trading for spot Ethereum ETFs saw a significant shift in investor behavior compared to the first day. More than $133 million were withdrawn from the largest financial vehicles, causing a ripple effect in the market. This mass exodus led to a massive price drop in the underlying asset, driving it down
The Machines Arena Play-to-Airdrop (P2A) campaign introduces a gamified reward system that aims to engage users and offer lucrative returns through a play-to-earn strategy. Players earn points through various in-game activities such as playing games, completing quests, leveling up, and owning unique in-game assets like skins and familiars. These points contribute to a player’s position
The crypto industry has been facing a series of challenges under the current Biden-Harris Administration, according to Andreessen Horowitz (a16z) founders Ben Horowitz and Marc Andreessen. They openly criticized the administration’s handling of the cryptocurrency sector, citing a lack of clear regulatory guidance from the Securities and Exchange Commission (SEC). This ambiguity has led to
Cynthia Lummis recently raised concerns about the Biden administration’s suggestion of implementing a 30% excise tax on the energy consumed by Bitcoin miners. She believes that this tax could potentially harm the growing Bitcoin mining industry in the United States. Lummis argues that the concerns about environmental pollution and risks to the energy grid, which
BitcoinOS (BOS) developers recently achieved a groundbreaking milestone in blockchain history by successfully verifying the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain. This achievement paves the way for unprecedented levels of scalability and functionality for Bitcoin, without the need for changes to its underlying consensus code. Permissionless Upgrades and Decentralization The final verification of
Bitstamp, a popular crypto exchange, has recently announced that it has started the process of returning recovered digital assets to creditors of the defunct Mt. Gox exchange. This development signifies a major milestone in the decade-long effort to compensate those affected by the infamous 2014 hack that resulted in the collapse of Mt. Gox. Bitstamp
In a surprising turn of events, the defunct crypto exchange Mt. Gox has begun repaying creditors affected by the infamous 2014 hack. This development has garnered attention from the crypto community, with many speculating about the potential impact on the market. Initially, there were concerns that Mt. Gox creditors receiving their long-awaited Bitcoin refunds would
Recently, the Russian State Duma passed a bill legalizing Bitcoin mining, aimed at addressing the challenges faced by Russian banks due to regulatory constraints and international sanctions. The new legislation establishes a regulatory framework to oversee crypto mining activities and ensure compliance with tax regulations. This move is significant in bringing mining activities out of
Ethereum ETFs have made their debut in the market, signaling a significant milestone for Ethereum and other altcoins. With this development, industry experts and enthusiasts are eagerly anticipating the effects on Ethereum’s price action in the upcoming months. Renowned crypto analyst Doctor Profit has put forth a bold prediction regarding Ethereum’s value. He believes that
Solend, the Solana-based lending protocol, has undergone a major transformation by rebranding itself to Save and relaunching its platform at save.finance. This rebranding marks a strategic evolution aimed at providing a range of financial opportunities for the Solana community through the introduction of three new products. The rebranding to Save goes beyond just changing the
Igloo, Inc., the company known for its popular NFT brand Pudgy Penguins, has recently secured a substantial $11 million in funding to support the development of its Ethereum layer-2 scaling network named ‘Abstract’. The investment is a major step forward for Igloo in its journey towards blockchain innovation. Founders Fund, along with other notable investors
Ethereum’s price has shown signs of bullish momentum as it consolidates above the 100 and 200-day moving averages. After breaking above the critical 100-day moving average at $3,354, the price entered a period of sideways fluctuation, indicating an equilibrium between buyers and sellers in the market. However, with the launch of spot ETH ETFs and
Shiba Inu (SHIB) has experienced a significant drop of 13% in value over the past week, causing concern among analysts. The current downtrend in price has led some to believe that further declines may be on the horizon. One analyst pointed out that as long as SHIB remains within the $0.0000185-$0.0000164 range, its valuation could
In a strategic move to revolutionize the gaming industry, Binance Labs has recently announced an investment in Pluto Studio, the innovative GameFi publishing platform behind Catizen. This partnership signifies a significant step towards the evolution of Web3 gaming and blockchain technology. Since its release, Catizen has garnered massive popularity, attracting over 25 million players and
The introduction of Ethereum ETFs in the United States marked a significant milestone, especially for Grayscale’s Ethereum Trust (ETHE). On the first day of trading, ETHE experienced a substantial loss of $484 million, raising concerns about the potential impact on the fund’s assets under management. This trend mirrors the challenges faced by Grayscale when converting
Atari and Coinbase have joined forces to reimagine classic video games by incorporating blockchain technology. This innovative partnership aims to create a new era of gaming experiences through projects like Onchain Summer and Onchain Arcade. By utilizing the blockchain, the collaboration eliminates the need for middlemen, ensuring that game sale proceeds go directly to the
In early July, the Coinbase premium turned positive after a period of concern following a dip in mid-May. This shift has sparked renewed interest in Bitcoin among institutional investors, with many analysts viewing it as a potential indicator of a market rally. The Coinbase premium measures the difference between hourly bitcoin prices on Coinbase’s BTC-USD
India-based centralized exchange WazirX is currently in the process of seeking partnerships to restore its full operations after experiencing a significant exploit that led to the loss of nearly half of its assets. Co-founder Nischal Shetty shared this development in a social media post on July 23, reassuring users that the team is actively working
The United States House of Representatives recently passed the Financial Technology Protection Act with unanimous support. The bill, introduced by Representative Zach Nunn on April 27, 2023, and approved on July 22, 2024, is aimed at curbing the use of digital platforms for illicit activities and terrorism financing. One of the key components of the
The approval of several spot Ethereum ETFs has generated excitement in the cryptocurrency market, with traders closely monitoring the potential impact on Ethereum’s price. Amidst expectations of rapid asset accumulation, the launch of these ETFs has reignited discussions around market sentiment and future price trends. While Ether’s price has remained relatively stable in the lead-up
Greetings Verse Community, We are excited to bring you another proposal for the Verse Ecosystem. The U.S. Securities and Exchange Commission (SEC) recently approved eight spot exchange-traded funds (ETFs) backed by ETH, Ethereum’s native cryptocurrency. This has accelerated the interest in Ethereum from institutional and retail investors alike. In particular, the interest in ETH Staking
The largest spot Bitcoin ETFs in the US have been experiencing positive inflows, but the price of Bitcoin itself has faced significant retracements recently. Despite reaching close to $67,000, the cryptocurrency has been on a rollercoaster ride in the past few days. A volatile end to the previous business week saw Bitcoin drop from $65,000
A recent report from CoinShares revealed that Ethereum (ETH) experienced a surge in inflows last week, overtaking Solana’s (SOL) inflows for the year 2024. This coincides with the upcoming launch of exchange-traded funds (ETFs) that will enable regulated investment in the US for the second-largest cryptocurrency by market capitalization. Strong Momentum for Ethereum The report
In recent developments, Hong Kong is set to launch Asia’s very first Bitcoin futures inverse product on July 23. The CSOP Bitcoin Futures Daily (-1x) Inverse Product, created by China Southern Asset Management Co., Ltd (CSOP), aims to provide investors with an opportunity to profit from declines in Bitcoin’s price. This exchange-traded fund (ETF) will
MetalCore Arena is not just another free-to-play blockchain game; it is a game-changer in the industry. By combining modifiable teams of mechanized units and squads of infantry with blockchain technology, MetalCore Arena introduces a whole new era of gaming. The addition of blockchain brings a new level of strategic depth while also paving the way
Crew Wars, the latest feature in Gangster Arena, is shaking up the gameplay by putting a strong emphasis on teamwork. Players can now join or create crews to collaborate and pool their resources in order to climb the ranks and win valuable prizes. Each crew has a different joining fee based on its rank, motivating