Yuga Labs, a leading gaming company, has made a strategic decision to sell two of its gaming intellectual properties, HV-MTL and Legends of the Mara, to Faraway, a prominent Web3 gaming studio. This move signifies Yuga Labs’ intention to concentrate its efforts on the development of its major projects, Otherside and Dookey Dash. By letting
Ethena has introduced a synthetic dollar protocol on Ethereum that issues the stablecoin USDe with the vision of creating a censorship-resistant and scalable form of digital money pegged to the US dollar. However, a recent deep dive conducted by on-chain analytics firm CryptoQuant has shed light on the potential risks associated with the rapidly growing
Recently, the social media account of the renowned actor Tom Holland was hacked, causing chaos among his followers. This hack involved the promotion of a fake cryptocurrency and NFT scheme, leading to significant confusion and speculation among fans. The Hack The attacker used Holland’s platform to announce a partnership with the global crypto exchange Binance,
The Solana meme coin markets have been experiencing explosive growth despite the recent downturn in the overall crypto market. One of the latest tokens to gain attention is Elawn Moosk, an Elon Musk-themed token that has caught the eye of many investors. With retail investors attracted to the meme-laden potential of prominent CEOs like Elon
Bybit, a cryptocurrency exchange and trading platform, recently released a report analyzing the upcoming Bitcoin halving event and its effects on the supply dynamics of Bitcoin within exchanges in the crypto space. The report provides valuable insights on how the halving event is expected to enhance scarcity and influence the price of BTC. Let’s delve
The cryptocurrency expert Ali Martinez has made a bold forecast regarding the future price of Bitcoin, suggesting that the crypto asset could reach a staggering $86,000 in the near future. This optimistic viewpoint has sparked interest and speculation in the cryptocurrency space, with investors closely watching key support and resistance levels to determine the trajectory
In a time when cryptocurrency markets are experiencing some turbulence, investors are looking for alternative investment opportunities. One project that has been gaining a lot of attention is 5thScape (5SCAPE), a first-of-its-kind crypto-powered VR/AR project. With the token priced at a steep discount during the presale stage, investors are seeing the potential to lock in
Illuvium’s recent announcement of distributing 250,000 ILV tokens valued at around $25 million through an airdrop initiative is a strategic move aimed at rewarding its community members and enhancing their involvement within the ecosystem. This article will delve into the specifics of this airdrop program and analyze how it contributes to the growth of Illuvium
Hong Kong recently made headlines as regulators approved spot Bitcoin and Ethereum exchange-traded fund applications from China Asset Management, Harvest Global Investments, and Bosera Asset Management in partnership with HashKey Capital. This move was seen as a major milestone for Hong Kong, as the city aims to establish itself as a central hub for digital
The crypto market is always full of surprises, and lately, a bold prediction has been made by a well-known crypto analyst regarding the potential surge of Bitcoin to $650,000 as the Spot Bitcoin ETF market continues to grow. Willy Woo, a respected expert in the field with a large following, has shared his insights on
