Author: bitcrypto.io

Melbourne, Australia, 26th July 2024, GamingWire – Shrapnel joins Fortnite, CS2 and Overwatch, playtests begin August 2024 Perion Labs and Shrapnel announce their partnership for Perion’s current project, XP.GG, a gaming platform that lets gamers get rewarded by playing their favorite games. XP.GG features a Universal Battle Pass across all XP.GG games, giving gamers a shot at real prizes for getting good. “XP.GG represents a new world that merges web3 and web2 gaming,” said Tony Valcarcel, Head of Marketing at Shrapnel. “We’re excited to be the first web3 game on the XP.GG platform — Shrapnel will help XP.GG take their…

Istanbul Blockchain Week returns on August 13-14 at the Hilton Istanbul Bomonti Hotel & Conference Center, building on last year’s success and promising to be the largest web3 event ever held in Turkey, promising more speakers, activations, and web3 education in the Eurasian crypto hub. According to Binance Research, cryptocurrency is rapidly establishing itself as a key alternative to traditional finance in Turkey, with 40% of the population already investing in it. Looking ahead, 64% believe crypto prices will climb in the next year, and an even more optimistic 73% think more people will start investing in crypto over the…

Main Takeaways The U.S. Securities and Exchange Commission (SEC) has approved several spot ether (ETH) exchange-traded funds (ETFs), allowing major financial institutions to launch these funds on platforms like NYSE Arca and the Chicago Board Options Exchange (CBOE). This approval marks a significant milestone for Ethereum and ether, potentially influencing its market dynamics and staking economics. This decision is poised to not only elevate ETH’s profile in the investment community but also to have a substantial impact on its price and broader market behavior. Demand and Price The approval of spot ether ETFs is likely to drive a significant increase…

Paying your bills through crypto? Sounds like something you’d want to do and experience on a regular basis as a crypto enthusiast. Crypto payment solution provider SpacePay is a dynamic new entrant set to transform the world of payments and spearhead a decentralized financial future. But what does this project’s future look like? SpacePay is a pioneering force in integrating crypto into everyday transactions. This company based in London is committed to making transactions faster, more secure, and highly efficient. Key Unique Features of SpacePay SpacePay sets itself apart from other crypto payment platforms with several (unique) features. One of…

Main Takeaways In a landmark decision marking a significant milestone, US regulators gave the launch of ETH ETFs the green light on July 22, 2024, thereby allowing this major cryptocurrency to be accessed through traditional investment channels. This not only underscores ether’s growing prominence but also signals a broader mainstream acceptance of digital assets. Enhancing Liquidity and Stability through Institutional Adoption Exchange-traded funds (ETFs) serve as a bridge between the newer crypto markets and the more familiar realm of traditional investing. These funds allow investors to buy and sell crypto through traditional brokerage accounts, just as they would stocks. This…

Hong Kong, HK, July 26th, 2024, Chainwire 2024 started with explosive growth in games like Hamster Kombat, breaking Guiness world record milestones, and Catizen, establishing itself as one of the fastest growing crypto gaming communities. After an explicit call from Telegram CEO Pavel Durov for a canine complement, it was only a matter of time that a dog-inspired game would emerge at the forefront. Dogizen has announced itself as a competitor to the likes of both Hamster Kombat and Catizen for the almost 1 billion Telegram users’ valuable attention. Hamster Kombat inspired game mechanics While deriving inspiration from Catizen and the opportunity presented in that…

Investment management company VanEck has set a wild target for Bitcoin. They think it could hit $3 million per coin by 2050. They believe Bitcoin could get integrated into global finance, even replacing traditional currencies as a reserve currency. VanEck’s report is pretty optimistic about Bitcoin’s future. They think Bitcoin will solve its current scalability problems. Right now, Bitcoin can’t handle a huge number of transactions at once, which is a big problem if it’s going to be used worldwide. But VanEck believes that new technologies, known as Layer-2 solutions, will fix these issues. These solutions are expected to make…

Key Ponts The much-anticipated Bitcoin 2024 conference has wrapped up its first day, and several companies made major announcements, including SmartWeb ecosystem provider Elastos, which unveiled BeL2 SDKs for partners to develop Native Bitcoin apps, making Native $BTC staking a reality through a new revenue model for arbiters. Elastos announces BeL2 SDKs Elastos on Thursday unveiled the BeL2 Software Development Kit (SDK) where partners can build Native Bitcoin decentralized apps (dApps) to encourage the staking of an estimated more than 1 trillion dormant Bitcoins. The decentralized blockchain network has set up a booth at Bitcoin 2024 in Nashville to demonstrate…

PancakeSwap, a leading decentralized finance (DeFi) network, made a bullish move to boost the project’s growth. The platform has confirmed a massive token burn, destroying 8,820,499 CAKE coins (worth about $17 million) to reduce the asset’s supply. PancakeSwap’s recent developments Token burns reduce the asset’s overall supply, triggering scarcity and bolstering the price amid stable demand. PancakeSwap has removed over 8.8 million tokens from circulation. Moreover, the project revealed various significant developments. Meanwhile, revenue metrics from several activities highlight varying performances in different segments. Automated Market Maker version 2 saw transaction fees reduce by 14% over the past week to…

The India Blockchain Tour (IBT) is a series of events dedicated to exploring the potential of blockchain technology in India. New Delhi: In a significant development towards raising awareness on the Blockchain network, Octaloop has announced the launch of its third edition of its India Blockchain Tour (IBT). Powered by KuCoin, Interakt, and Binamite, the series of events is expected to bring together blockchain enthusiasts, industry leaders, developers, and innovators across India to generate awareness about Web3, blockchain technology, and the future of money. The India Blockchain Tour event has already received a positively overwhelming response in Delhi, where Octaloop is set to host the first leg…