The largest play-to-earn network, Axie Infinity, declared the beginning of its “Lunacian Summer” promotion on July 14. The program will last 50 days and reportedly let players breed special summer skins for their video game avatars. The native token of Axie is Smooth Love Potion (SLP crypto token) For the first occasion since August 2021, … Read more
Investors are buying the decline in Decentralized Finance (DeFi) tokens, which has caused the price of BarnBridge’s crypto (BOND/USD) to soar recently. A high of $9.74 was reached by the BOND token, which was its best price since May 2022. From its lowest point in June this year, it has increased by more than 300 … Read more
Users can create, deploy, develop, and farm NFTs using the decentralized ecosystem known as SuperFarm, which is built on blockchain technology. It provides cross-chain farming of non-fungible tokens, increasing the accessibility and usability of NFT farming and NFTs. The project’s major goal is to make it simple and user-friendly to create and grow NFTs and … Read more
William Volk, a seasoned gamer who also serves as the primary consultant for the Shiboshi game developed by Shiba Inu Games, claims that “something” seems to be developing around SHIB. The game veteran replied to a teaser video of a dreary rainfall that the Shiba Inu official Twitter account had tweeted. Hmm.. Something’s coming. https://t.co/16AbW3wLS2 … Read more
The proprietor of the Deaton Law Firm in East Providence, Rhode Island, and American attorney John Deaton (@JohnEDeaton1 on Twitter), who has been watching and commenting on the SEC’s action against Ripple, revealed to Fox Business on Wednesday, July 20, why the SEC is upset with him. Deaton is also the creator of the YouTube … Read more
Attacks on the non-fungible token (NFT) community’s most recent targets include NFT influencer Zeneca and NFT registration service PREMINT. Users were duped into linking their wallets by a phony airdrop for the influencer’s “Zen Academy Founders Pass” tied to Zeneca’s social media pages late on Tuesday. Everyone wants to be doing something special for the … Read more
According to the Bitcoin Mining Council’s most recent Q2 2022 report, almost 60% of the electricity used to power Bitcoin mining equipment comes from green sources (BMC). In its Q2 review of the Bitcoin network, released on July 19, the BMC found that the worldwide Bitcoin mining industry’s use of renewable power is up 6 … Read more
According to reports, JVCEA, a self-regulating entity, has been issued strong warnings to get its act together as the Japanese Financial Services Agency pushes for the group to accelerate the deployment of its AML regulations. Local government officials and business professionals claim that Japan’s self-regulation “experiment” for the cryptocurrency sector is not succeeding as anticipated. … Read more
Skybridge says that withdrawals from one of its crypto-exposed funds will be stopped. Skybridge joins other companies that have frozen the funds of crypto investors. However, Skybridge’s CEO, Anthony Scaramucci, says the freeze is only temporary, and there is no danger of the company going out of business. Skybridge Capital has stopped people from taking … Read more
Users’ attempts to remove their funds from the platform have been a rollercoaster since Celsius Network prohibited withdrawals, swaps, and transfers last month. The lending program eventually filed for Chapter 11 bankruptcy this week, following in the footsteps of Voyager, which brought everything to a head. Users had some hope that they may receive their … Read more