Online gaming is arguably one of the best use cases for blockchain-based technology. The ability to assign traceable and verifiable ownership to in-game items provides tremendous capabilities. This concept has grown in popularity, and perhaps one of the first games to pioneer the field was Decentraland. The below is a comprehensive guide on Decentraland – what it stands for, how it was launched, and how to play it in a detailed step-by-step guide. Quick Summary: Name:...
Read More »Sotheby’s Hosting Diamond Auction; Crypto Bidders Welcome
Sotheby’s is hosting an auction that will feature a 555.55-carat black diamond. What’s the big clincher? Crypto enthusiasts are welcome to the table and can bid on the item with digital currency. Sotheby’s Says “Yes” to Crypto Bids Known as the “Enigma,” the diamond is listed in the Guinness Book of World Records as the largest cut diamond in the world. It will also be part of a special sale that is allowing crypto bidding. Among the currencies that Sotheby’s is willing...
Read More »Bitcoin’s RSI is Now at the Most Oversold Level Since the March 2020 COVID Crash
The cryptocurrency market lost over $400 billion worth of its capitalization in the past few days alone. The total market cap currently sits below $1.7 trillion. This came as most of the coins are down tremendously in the past week. Ethereum is down 27.7%, BNB is down 27.8%, ADA is down 17.6, SOL is down 36.2%, and so forth. Bitcoin’s price is currently sitting around $35K and has lost almost 20% in the same time frame. From a technical perspective, it’s important to note...
Read More »P2E Game Heroes of Mavia Bags $5.5M in Seed Funding Led by Binance Labs
Ethereum-based play-to-earn game, Heroes of Mavis, has recently completed its seed funding round where it raised $5.5 million from Web3 and metaverse investors, including Binance Labs. Binance and Others Invest in Heroes of Mavia According to a press release shared with CryptoPotato, the project intends to use the new capital injection to develop the game further, attract top talent, and expand its community of supporters. The seed funding round was led by Binance Labs and...
Read More »Bitcoin and Ether Price Crash: BTC Below $36K, ETH Below $2,500
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Read More »CNBC’s Jim Cramer Issued a Warning to Dogecoin Investors
The host of CNBC’s “Mad Money” – Jim Cramer – sounded a note of caution for investors regarding the popular memecoin Dogecoin. The American views it as a security that will soon get regulated. ‘Please Be Careful with Dogecoin’ The 66-year-old TV host often changes his stance on the crypto industry. Last year, he allocated some of his wealth into Bitcoin and Ether and even insisted on receiving his salary in the primary cryptocurrency. A few months later, the Chinese crackdown...
Read More »Bitcoin Loses $40K, Ethereum Below $3K: This Red Week’s Crypto Recap
To say that the past seven days were bad in the cryptocurrency market would be kind of an understatement. Most of the coins are down by solid double digits as the total capitalization lost around $250 billion and fell below $2 trillion. Let’s start with Bitcoin. The cryptocurrency was behaving relatively well throughout most of the week, and it even managed to reach above $43K earlier on Thursday, attempting to conquer the resistance above that – at $44K. On Friday, though,...
Read More »Lucky ETH Miner Receives a Block Reward Worth $540K
An individual Ethereum miner who mined a complete block hit the jackpot by receiving 170 ETH for his efforts. Converted in USD value, the reward equals nearly $540,000 (calculated by the time when the block reward was mined). Beating the Odds Despite some people claiming that Ethereum mining (still being proof-of-work) is harmful to the environment, the process is still thriving, and even single individuals are constantly trying their luck to mine blocks on their own. One...
Read More »Bears Winning in Crypto Market: Bitcoin and Ethereum Drops Over 7% in 24 Hours
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »Yield App Launches V2 and it’s More Than Just a New Look
[PRESS RELEASE – Tallinn, Estonia, 20th January 2022] Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021. In this short time, Yield App has garnered more than 70,000 users and more than $420 million in managed assets. The platform currently offers market-leading rates on USDT, USDC, BTC and ETH, as...
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