Author: hotcrypto
A reckoning in the crypto industry appears to be on the way. Nearly four months after the collapse of Luna and UST, or TerraUSD, two sister tokens issued by the Terraform Labs platform, the authorities seem ready to shed light on the reasons and those responsible for this rout The collapse wiped out at least $55 billion, contributed to the bankruptcy of prominent crypto lenders and the ruin of a star hedge fund, and swallowed the savings of many retail investors.A court in South Korea has just issued an arrest warrant for Do Kwon, the co-founder of Terraform Labs, and five other…
Non-fungible tokens (NFTs) are gradually creeping into mainstream games, as game development firm MyMetaverse and blockchain platform Enjin launch playable NFTs on the servers of renowned games Grand Theft Auto and Minecraft. Users can use the NFTs in MyMetaverse servers as playable instruments Tech news platform Venturebeat revealed the development on Wednesday in an official report. According to the report, the NFTs come from MyMetaverse’s “MetaHome” NFT collection. MyMetaverse minted the NFTs on Enjin’s Efinity NFT blockchain. Enjin built the Efinity chain on the Polkadot network last year. Users have the opportunity to use the NFTs in MyMetaverse game suite…
Disclaimer: This is a sponsored press release. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Learn more ›Miami, Florida, 14th September, 2022, Chainwire — Canes Connection, an industry-leading organization dedicated to facilitating NIL opportunities for University of Miami (UM) Student Athletes, has announced that they will be integrating and utilizing the ReserveBlock RBX (reserveblock.io) blockchain protocol for NFTs. The ReserveBlock Foundation will provide a pool of RBX masternodes to the Canes Connection that will allow participating UM Student-Athletes to be part of the RBX Network, verify transactions, and earn…
According to a new product catalog posted on Wednesday, electronic vehicle manufacturer Tesla is rolling out a new Cyberwhistle inspired by its futuristic Cybertruck series. The firm wrote:”Inspired by Cybertruck, the limited-edition Cyberwhistle is a premium collectible made from medical-grade stainless steel with a polished finish. The whistle includes an integrated attachment feature for added versatility.”All sales are final, and products are expected to ship within 4 to 6 weeks. On top of that, Tesla requires buyers to pay only in Dogecoin (DOGE). The price tag at the time of publication is 1,000 DOGE or around $60. Taxes and shipping…
Singapore, Singapore, Sept. 14, 2022 (GLOBE NEWSWIRE) — Web3 and AI-driven Brand marketing platform, Ojamu, today announced an integration of industry-leading Chainlink Price Feeds to help power real-time token price analytics for market comparisons on Ojamu Intelligence Platform (OIP). The Ojamu Intelligence Platform is built for Brands looking to understand and optimize their organic Web3 marketing strategy. Using blockchain data, artificial intelligence, machine learning technology, and its suite of related smart toolsets, Ojamu formulates and automates brands’ Web3 strategy, helping them seamlessly transition from Web2 to Web3 marketing and generate revenue streams from NFT projects, blockchain games, and metaverse ecosystems. Chainlink Price Feeds are…
The crypto analytics firm Santiment argues that one controversial altcoin could replace Dogecoin (DOGE) and Shiba Inu (SHIB) as the most prominent memecoin. In a new analysis, a Santiment analyst known as mtkachuk says the native token of the original Terra blockchain, Luna Classic (LUNC), now holds the “meme king crown.” “Just observing the price and volume patterns, there’s a very similar structure in LUNC right now to what was happening with DOGE a year and something ago: Both had an initial run-up, followed by a flat consolidation, after which the real craze began. Looking into social data, a similar…
Tuesday’s 8.44% selloff in the VET/USDT pair triggered new bearish VeChain price predictions in the crypto market. This selloff followed two days of doji formations that caused the price action to stall at 0.02578. The downside violation of the 0.02391 support is being tested for continuation following Wednesday’s upside return move. The VET/USDT pair is gaining upward traction after VeChain became the first official Layer-1 blockchain partner of the Ultimate Fighting Championship (UFC). This partnership deal would allow for a fair ranking system of fighters to be performed on the VeChain network and for the token’s ads to be shown…
The past week has been one of the most volatile weeks in crypto markets this year. Bitcoin and Ethereum have plummeted to the lowest levels in two months but are making a comeback in the past few days. Polkadot also reported a 9% drop in the first week of September, followed by countless other cryptos on the markets. September is traditionally the worst month for crypto markets, but things are even worse this year due to the energy crisis, supply chain issues, and other worldwide problems. As a result, investors are looking for new crypto projects with high growth potential…
InvestorsObserver gives SafeMoon a weak short-term technical score of 2 from its analysis. The proprietary scoring system considers the token’s trading history over the past month to determine the strength of its short-term technicals. SAFEMOON has currently traded better than 2% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions. InvestorsObserver is giving SafeMoon a 2 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SafeMoon! This news is republished from another source. You…
Cryptocurrency Update: Today there has been a huge drop in the cryptocurrency market on Wednesday. All major crypto coins are trading in the red mark. The biggest fall came in Solana. This crypto coin has broken 12.92 percent and now its price has come down to $ 33.47. While Bitcoin fell by 9.26 percent in the last 24 hours, Ethereum price has also broken 5.80 percent. At the time of writing this news, the global cryptocurrency market cap was down 6.75 percent to $ 997.53 billion. The crypto market volume has jumped 10.94 percent in the last 24 hours to…