Author: CryptoHoppers

Journalist Posted: December 13, 2023 Blockchain gaming revenues were a fraction of those of the traditional video gaming industry. With 1.16 million unique active users as of this writing, the sector captured 33% of the dApp market. On-chain gaming has become one of the fastest-growing industry verticals in the blockchain sector, garnering significant interest from enthusiasts over the years. The prospect of decentralized ownership of in-game assets and getting the ability to trade them outside the gaming world added a new dimension to one of the most exciting tech industries at the moment. On-chain gaming set to expand As per…

Embarking on a Digital Odyssey Nifty Island: A name that’s quickly becoming synonymous with the future of gaming and NFTs. It’s a platform where imagination and technology converge, offering a unique blend of building, exploration, and competition. And the most exciting part? This groundbreaking project launches on January 17th, 2024. Your Personal Island Awaits: On Nifty Island, every player is entitled to their own island, entirely free of charge. This isn’t just a plot of virtual land; it’s a realm of endless possibilities. Here, you can construct your dream space, devise ingenious games, and showcase your creativity. Explore a World…

Improbable, a metaverse startup backed by SoftBank and Andreessen Horowitz (a16z), has sold its gaming services subsidiary, MPG, to Irish video game company Keywords Studios for nearly $100 million.Improbable sold MPG to Keywords for £76.5 million ($96.8 million) — a significant return on investment on the company it acquired for £30 million ($38 million) in 2019, according to its annual statement published today. MPG has 360 staff in 34 countries with clients including Activision Blizzard, Bethesda and Epic.The sale represents the first exit for the firm’s venture arm and is part of Improbable’s divestment of non-core activities. The firm will…

The exciting cryptocurrency world – where every twist and turn holds the promise of fortune, BONK has emerged as a star player. The recent surge in its price can be directly linked to the triumph of Solana, marking a fascinating symbiotic relationship that has set the market ablaze.What’s behind this surge, you ask? Read on!The Era of the Solana PhonesThe Solana Saga phone has transcended its humble origins, transforming into a hot commodity with prices hitting astronomical heights on platforms like eBay. Today, a single sale touched the staggering sum of $5,000. Initially met with lukewarm interest, these phones have…

Due to some court rulings not agreeing with the agency’s opinion, the Securities and Exchange Commission (SEC) has been compelled to reconsider its viewpoint regarding the spot bitcoin ETF applications. For some time now, The SEC, working under its head, Gary Gensler, has refused to grant its consent for the applications. A case in point is that of Grayscale Investments. In August 2023, the US Court of Appeals for the DC Circuit passed a ruling that mentioned that the SEC must rethink Grayscale Investments’ application related to spot bitcoin ETF. The decision was taken following Grayscale suing the SEC following…

Reflecting on the Year and Welcoming a Brighter Future As we bid farewell to 2023, a year that tested the resilience of the NFT community during a prolonged bear market, there’s a spark of celebration in the air. Nifty Gateway, a leading player in the NFT space, is gearing up for an extraordinary event: the “2023 Tokens of Thanks.” This initiative is not just a gesture of gratitude towards the unwavering support of collectors but a showcase of exceptional artistry. Nifty Gateway: A Beacon of NFT Excellence Before diving into the event details, let’s briefly touch upon Nifty Gateway. Established…

The Bitcoin price has risen around 80% this year, bringing it to its highest levels of 2023. However, the leading cryptocurrency has still not reached its all-time high of $69,000. Nevertheless, this has not stopped the asset from hitting multiple new all-time high prices in as many as six countries. Six Countries See New Bitcoin All-Time Highs The official X (formerly Twitter) account of Middle-Eastern restaurant Tahini’s, which has been a staunch supporter of Bitcoin, took to the social media platform to share an interesting development. Tahini’s post which came with multiple screenshots showed how Bitcoin has risen to new…

Journalist Posted: December 16, 2023 Arbitrum paused transactions for some hours. Transactions on the network were almost 7 million for the first time in history. In a recent update from Arbitrum [ARB], it was reported that a section of the network experienced a delay on 15th December. Upon examining the network, it was observed that, amidst the network issue, a key metric had reached its highest value ever recorded. Arbitrum sees disruption in transactions On 15th December, a post from Arbitrum indicated a pause in the One Sequencer of the network. The reported cause of the pause was a rise…

Escalating Concerns: Beyond Just Ledger The recent security breach in the Ledger library, initially a significant concern, has now escalated to a more alarming level. It’s not just Ledger users who are at risk – the implications are much broader, affecting a wider range of users in the blockchain and NFT community. The Expanding Scope of the Breach A Widespread ThreatThe issue has deepened, revealing that it’s not only Ledger’s library that’s compromised. This development suggests a more extensive vulnerability affecting various platforms and applications in the blockchain ecosystem. Community Reaction and SpeculationThe reaction from the community, including inquiries and…

Hong Kong (HK) is taking significant strides in digital asset finance in Asia. The city has engaged five major banks, including HSBC Holdings Plc and Credit Agricole CIB, to lead a series of digital green bond sales. This move is a testament to Hong Kong’s commitment to merging advanced financial technologies with sustainable practices, leveraging blockchain technology to boost the financial sector’s efficiency and transparency. A collaborative effort with leading financial institutions The involvement of renowned financial institutions such as the Bank of China (Hong Kong), Industrial and Commercial Bank of China (Asia) Ltd., and UBS Group AG in this…