Author: bitcrypto.io
Farworld Labs raised $1.75 million to roll out its decentralized Farcade platform for developers to build Web3 games. The funds will help the company with its upcoming third-quarter releases, including the launch of the Farcade platform in conjunction with top-tier studios and developers. Ensuring a successful live-service game launch Built on decentralized social media protocols, the Farcade is a platform and suite of tools for developers to build crypto-native games that integrate with onchain social media. Lemniscap and Variant co-led the round, with participation from Base Ecosystem Fund and Coinbase Ventures. Farworld said the decision by Meta and other legacy…
Leak Reveals Crypto Is Braced For A Huge Biden Flip Ahead Of Trump Debate That Could Trigger A Bitcoin, Ethereum And XRP Price Earthquake Bitcoin is braced for a Washington earthquake in the coming week after former president Donald Trump made the shock declaration he will be the “crypto president.” The bitcoin price has rocketed from around $15,000 per bitcoin in the aftermath of the FTX crypto exchange collapse in late 2022 back to its peak of $70,000—helping the ethereum price more than double and XRP add almost 60% as the wider crypto market rebounds Now, as tech billionaire Michael…
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices. The cryptocurrency market is undergoing a healthy consolidation after a massive run-up from October to March – at least for those who invested in the two largest digital assets. For those who hold smaller cryptocurrencies, though, this is a brutal correction, with sentiment in crypto social media circles resembling bear market despair. While bitcoin (BTC) and Ethereum’s ether (ETH) are only 15% below their yearly highs, several crypto majors like solana…
Asia’s most impactful blockchain conference, is delighted to announce a slate of prolific top-tier sponsors and headline speakers. Sui, an innovative Layer-1 blockchain created by Mysten Labs, has been named the Official Conference Partner. The title sponsors include Aptos Foundation and Tron while Orbs, Flare Network, and Ripple are the Gold sponsors. The full list of partners participating as Silver, Bronze, and Copper sponsors is available on KBW’s official website. Evan Cheng, Co-Founder & CEO of Mysten Labs, said, “Every year, Korea Blockchain Week brings together the world’s brightest minds and leaders of some of the most innovative technology companies…
As of right now, Dogecoin is valued at about $0.1246, up 2.13% from the previous day, according to CoinMarketCap. At almost $18 billion in market cap, Dogecoin is currently the eighth-biggest cryptocurrency. The 24-hour trading volume, which was roughly $456 million, has dropped by 28% even with the market recovery. This depicts a complicated trading environment in which there is clear control competition between buyers and sellers DOGE’s Weekly and Monthly Performance The value of Dogecoin has varied between $0.12 and $0.14 within the last week, indicating continuous market volatility. This instability draws attention to the ongoing struggle between optimistic…
According to data from on-chain analytics company CryptoQuant, the Open Network (TON blockchain) reached $10 billion in daily transaction volume. The transaction volume ranges between $5 billion and $10 billion, indicating the platform’s popularity and impressive growth. Bitcoin’s current average daily transfer volume is approximately $50 billion. As per CryptoQuant’s post, “TON has already achieved 10 percent of Bitcoin’s capacity.” While this is the most notable milestone, other on-chain metrics, including token holders, continue to increase steadily. The four-year-old blockchain, a product of the most popular messaging app, Telegram, is among the fastest-growing blockchains in the industry. TON blockchain is…
The NEAR Foundation announces the six AI teams chosen for the inaugural NEAR Horizon AI Incubation Program, which began earlier this month. Through collaboration with elite AI teams constructing at the nexus of AI and Web3, the NEAR ecosystem will help to build the infrastructure—base models, model training, and developer tools—that enables safe, scalable, and efficient user-owned AI. Strategic Vision for User-Owned AI The NEAR AI x HZN Incubation Program is a component of the strategic plan of the NEAR Foundation to create a user-owned AI ecosystem that offers substitutes for the corporate-owned, centralized AI that now dominates the market.…
Why Floki Continues To Rule The Meme Coin Industry Beyond market trends, FLOKI has emerged as a significant entity in the meme coin sector. Its success is driven by practical applications, a robust presence, and a dedicated community. A key factor behind FLOKI’s prominence is its strong community support. Notable mentions include a tweet from Elon Musk’s parody account with 207k followers, stating, “FLOKI objectively offers much better utility than other memecoins on the market.” Crypto analyst Crypto_Scofield also praised FLOKI’s rapid development, noting its leadership among major meme coins like $PEPE, $WIF, and $BONK. Social Media and Community Engagement…
Earlier in February, Meta said that it would start labeling photos created with AI tools on its social networks. Since May, Meta has regularly tagged some photos with a “Made with AI” label on its Facebook, Instagram and Threads apps. But the company’s approach of labeling photos has drawn ire from users and photographers after attaching the “Made with AI” label to photos that have not been created using AI tools. There are plenty of examples of Meta automatically attaching the label to photos that were not created through AI. For example, this photo of Kolkata Knight Riders winning the…
Singapore, Singapore, June 21st, 2024, Chainwire W3GG is excited to announce the launch of an exclusive private sale of its W3GG tokens, starting on July 1, 2024. This sale offers community members a unique opportunity to purchase tokens at an initial price of $0.05 each. The private sale is structured to be inclusive, ensuring that all community members can participate. This approach reflects W3GG’s dedication to community-driven growth and rewarding early supporters. Only $250,000 worth of tokens will be available, exclusively for W3GG’s Soulbound Token (SBT) holders, with purchase options ranging from $25 to $5,000 per wallet. To participate in…
