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April 18, 2022
Does it look like the move-to-earn games are the next big thing in the gaming sector? Genopets and Dustland Runner, STEPN and others are making moves to make it happen. Play-to-earn (P2E) games continue to dominate the crypto industry as more than half of the active wallets tracked by Dappradar have connected to blockchain-based games...
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The Bangkok-based holding company has identified digital infrastructure and “digital-asset related initiatives” as priority areas. Thailand-based Gulf Energy has made strategic investments in cryptocurrency exchange Binance US and signaled its pursuit of a joint venture with the global Binance exchange as part of a targeted effort to gain exposure to the digital asset market.  Gulf...
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Web3 has given rise to generative NFTs that allow both fans and creators to tell stories across different mediums. Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT project CryptoKitties made headlines as the largest decentralized application on the Ethereum network. While CryptoKitties accounted for...
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The upcoming Decred hard fork also plans to increase DCR rewards for PoS validators from 30% to 80%. Decred (DCR) prices soared by as much as 45% on April 18 before paring some gains as traders bet on a major hard fork that aims to prevent pump-and-dump schemes by miners.  Key Decred network upgrade in...
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The precious metal is stealing the limelight as Bitcoin languishes under $40,000 after the Easter weekend. Bitcoin (BTC) is in line for a relief bounce but still risks dropping all the way to $30,000 before May, new analysis warned on April 18. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $30,000 dive is April “risk” Data...
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Former Myspace CEO and founder Chris DeWolfe believes that “play-to-earn represents the future of gaming.” While many gamers are critical of blockchain-based gaming, Myspace co-founder Chris DeWolfe believes adoption is on the way as the business model inherently provides players more control over their in-game experiences. DeWolfe, who is now the CEO of game development...
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Will Coinbase’s latest efforts help to level the user playing field? Perhaps, but more adoption, liquidity and regulation will also be needed. It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to...
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Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan. London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine. Exmo is selling its digital asset business in Russia and Belarus to a Russia-based...
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In this week’s DeFi newsletter, we look at the growing market of MetaMask, Polygon’s pledge to go carbon neutral, and more. The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity while token prices entered the second week of the bear market, with many of the tokens bleeding in double digits...
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The fines will reportedly triple compared to current rates, while repeated violations will lead to jail time. The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years.  On...
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