Author: CryptoHoppers
Bitcoin proponent and Miami Mayor Francis Suarez declared his White House candidacy with conditions, vowing to exit if he failed to meet GOP thresholds. Although he asserted qualification, he was absent from the Milwaukee debate. The question remains: Will Suarez persist with his low-support campaign? On Tuesday, the public got an answer: The commander-in-chief wannabe announced on X (formerly Twitter) that he was ending his campaign for the White House. He expressed gratitude for the experience and stated his ongoing dedication to improving the country for all citizens. Suarez’s decision makes him the first Republican contender to back out of…
Blockchain Gaming Integration Begins: Grand Theft Auto Creator Take-Two Takes The Helm
According to a recent report by the gaming news outlet Game Is Hard, Take-Two Interactive Software, the renowned publisher of the popular video game franchise “Grand Theft Auto,” has made a significant foray into the blockchain gaming industry. The company recently unveiled its blockchain-based game, “Sugartown,” built on Ethereum. This move by Take-Two is viewed as a notable endorsement of the potential of blockchain gaming, which has long been anticipated to drive mainstream adoption of cryptocurrencies. The Blockbuster Meets Blockchain Take-Two’s decision to embrace blockchain gaming represents a significant step forward for the nascent industry. Urvit Goel, Polygon Labs’ business…
As we study the evolution in the cryptocurrency realm, we often come across new tokens and technologies being added. Wrapped and pegged tokens are a crucial part of today’s crypto world. As the name suggests, “wrapped” tokens are the ones belonging to a blockchain which are wrapped or converted to another token on another blockchain! Whereas, pegged tokens are the ones whose values are “pegged” to the value of another existing asset. Their major utility lies in creating stablecoins to maintain a steady value and lessen the effect of volatility in cryptocurrency.KEY TAKEAWAYSWrapped tokens address the issues of interoperability, cross-chain…
Moonbirds’ Remarkable On-Chain Evolution: A Dive into the Future of NFTs | NFT CULTURE | NFT News | Web3 Culture
In recent years, the world of NFTs has witnessed incredible innovations, with pioneering projects constantly challenging the status quo. Among them, the Moonbirds project stands out for its groundbreaking approach to on-chain art and technology. Most NFTs point to an off-chain image that’s hosted on a database, since it’s much more complex and time-consuming to deploy an NFT on-chain. We launched Moonbirds off-chain with a special feature in the contract that allowed for a future on-chain upgrade. On-Chain Distinction The vast majority of NFTs link to images that reside off-chain, typically hosted on external databases. This is primarily because embedding…
Understand Crypto Lending and Borrowing
Do you think a paperwork-free process of lending and borrowing is unreal? Also, there is no third-party involvement? Isn’t it something which happens in the ideal world? Well, due to the advancements in the field of crypto technology, everyone is empowered to enjoy financial freedom via cryptocurrencies. Crypto lending is a way for crypto holders to make passive income, while allowing the borrowers to avail of tokens without any hassle. It is a suitable way for borrowers to access finance without getting into the painful way of getting a loan through a conventional bank. Let us dive in to learn more…
6 Questions for Leila Ismailova
Leila Ismailova began her professional career at the age of 15 as a broadcasting star in Belarus, the Russian-neighboring Eastern European country that plays home to 9.3 million citizens. She continued in the role for 10 years, she says, before reaching what she felt was a “professional ceiling” and beginning a journey that led to Web3. “I remember my audacity as a child, just sneaking into the buildings with newspapers and magazines — it was called the House of Press,” Ismailova recalls in an interview with Cointelegraph. “I would handwrite my stories and sneak into the building — because I didn’t have a pass — by…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The manufacturer of Bitcoin mining machines, Canaan, released financial results for the quarter ending on June 30. The firm’s financial statements report total revenue of $73.9 million, a 33.7% increase compared to the previous quarter. A surprising turn On Aug. 29, Canaan, which is listed on the Nasdaq, announced the company saw an increase in mining revenue. At the end of the quarter, the computing solutions provider shared that the mining revenue grew to $15.9 million, a 43.4% increase from $11.1 million in Q1 of 2023…
Worldcoin draws the ire of Argentina next
The U.K., France, Germany and Kenya are already investigating Worldcoin due to similar concerns. Previously, Ethereum’s Vitalik Buterin had said that some privacy and ethical issues raised around the project could be valid. The government of Argentina recently announced that it is investigating the treatment of personal data by Worldcoin [WLD], the blockchain project launched by OpenAI’s Sam Altman. Daniel Monastersky, a partner at the Data Governance Latam and Director of the Center for Studies in Cybersecurity and Data Protection at Buenos Aires’s CEMA University, filed a complaint with the Agency for Access to Public Information of Argentina (AAIP) last week. AAIP…
Cryptocurrency trading is an interesting topic to explore. It’s like a dynamic playground where you can buy, sell and exchange digital assets. You’ll be exploring various coins, analyzing their trends, and making decisions based on market movements. Crypto trading isn’t just about crypto strategies and charts; it’s a vast and exciting world beyond that!1. Crypto Trading: A Brief OverviewFrankly speaking, cryptocurrency trading remains a great deal of profit and an exciting avenue for investors seeking digital fortunes.1.1. What exactly is crypto trading In short, cryptocurrency trading involves speculating on the price movement of individual cryptocurrencies, typically against a fiat currency like…
Pudgy Penguins expands into Clothing brand IGLOO | NFT CULTURE | NFT News | Web3 Culture
Pudgy Penguins, a name that rings familiar for many in the NFT space, has recently launched a brand extension: Igloo. Diving deeper into the world of mainstream fashion, Pudgy Penguins are not only tapping into the NFT universe but also branching out to cater to a wider clothing audience. The announcement about Igloo’s debut collection was received with widespread anticipation, as evident from the online engagement metrics – the tweet about the collection garnered 28.1K views, 101 reposts, 24 quotes, 428 likes, and 8 bookmarks, all within a short span of time. Introducing Igloo, a brand by Pudgy Penguins. The…