Author: CryptoHoppers
Grand Theft Auto owner enters Web3 via mobile gaming arm Fun fact: mobile gaming giant Zynga is owned by Take-Two Interactive, the same company that also owns Rockstar Games, which is behind ultra-popular video game series like Grand Theft Auto, Red Dead Redemption and NBA 2K. Now Zynga is making its Web3 debut with a new franchise. Best known for its FarmVille series, Zynga has created an offshoot studio called Zynga Web3 (or ZW3) and announced Sugartown. It’s a cross-media world that will be more like a Web3 gaming platform than a single title. The cute cartoonish animals featured in…
The Necessity of Delegated Proof of Stake
In the last five years, cryptocurrency has moved far beyond simply utilizing the Proof of Work (PoW) consensus algorithm. Nowadays, there are numerous coins and tokens which explore several different algorithms, often choosing one which best suits their functionality. There was a time when cryptocurrencies were largely expected to use the Proof of Work algorithm as this is what Bitcoin uses, making it by far the most well-known system, but ever since Ethereum announced that it would be moving over to Proof of Stake (PoS) with its upcoming “Casper” protocol, crypto fans have been more open to other methods. Taking…
We are currently living in a world of transformations. As technology is evolving, its convergence with different sectors has opened up immense opportunities. Similarly, in the financial sector, Decentralized finance is gaining significance. Let us understand it with an example! We are living in the world of the traditional financial system. Banks and financial institutions are governing the flow of money. This means that there is constant monitoring of our finances by a central ruling body. Futurists have realised the need for an open, transparent and secure financial segment. These specifications became the driving forces for the birth of Decentralized Finance.…
SnowFro Concludes an Era with the Final Chromie Squiggles Minting | NFT CULTURE | NFT News | Web3 Culture
In a moment that marks the end of an extraordinary era, SnowFro, also known as Erick, is about to make history by minting the final (almost) batch of Chromie Squiggles. The air is electric with anticipation as SnowFro, an influential figure in the NFT space, prepares for this significant event. Through a heartfelt message, SnowFro conveys not only the excitement of this moment but also important warnings and reflections. TLDR: The Minting Event The heart of SnowFro’s announcement lies in the TLDR section: He’s set to mint 66 fresh Squiggles at precisely 5pm CT. This act will leave only two…
Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again. On Thursday, August 31, the world’s largest cryptocurrency Bitcoin plummeted by more than 4.5% with its price slipping under $26,000, losing all the early week gains after the Grayscale court ruling. The selling pressure on BTC and its price comes as the US Securities and Exchange Commission (SEC) announced its decision to delay the approval of seven spot Bitcoin ETF applications. This includes applications from giants such as BlackRock, VanEck, Valkyrie, and others. Also, the strengthening of…
Crypto Live NewsAuthor: Mustafa Mulla Aug 23, 2023 23:32Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Hangzhou unveils a blockchain-based data exchange platform aimed at revolutionizing enterprise IT data trading. Developed by officials in the city’s High-tech Zone, the avant-garde platform is expected to redefine the way businesses handle data. Chen Chun, an academician of the Chinese Academy of Engineering, describes the new platform as a pivotal development for enterprise data trading dynamics. The unveiling of the platform coincided with the 2023…
Imagine a way of connecting with other people around the world, without knowing each other. Think of establishing your own rules, and making your own decisions autonomously encoded on a Blockchain in a well-framed organisation? Sounds unreal, right? Well, DAOs are making this real.A Decentralized Autonomous Organization, DAO, is a growing legal structure which has no central governing body. The members of this organization share a common goal to work towards the best for the entity. In a bottom-up management system, DAOs are incorporated to make important decisions. This concept has gained its share of promotions through crypto enthusiasts and…
Journalist Posted: September 1, 2023 Bitcoin whales were behind the latest bear trap but leverage appetite is waning. SEC’s delayed decisions on spot BTC ETF approval waters down bullish excitement. Bitcoin [BTC] crashed by over 4% in the last 24 hours, giving up the gains achieved after Grayscale’s legal win. A close look at the dynamics underpinning the retracement offers some insights into why it pulled back. Is your portfolio green? Check out the Bitcoin Profit Calculator The king of cryptocurrencies exchanged hands at $26,202 at the time of writing, which means it was back to trading within its previously…
If you wish to move a token from one blockchain to the other, you would require a blockchain bridge to do the work! It is a way or a mode for the assets to travel. A tool which seamlessly allows you to port the assets from one blockchain to the other. They solve one of the major purposes of the lack of interoperability. Bridges open up new markets and work towards a flawless multi-chain future of cryptocurrencies. KEY TAKEAWAYSBlockchain bridges make interoperability possible and the entire process smooth.The transaction fees incurred in most of the bridges is extremely low!Blockchain ecosystems have…
Alotta Money Tribute Exhibition & Auction: Where Art, Technology, and Philanthropy Converge in Unprecedented Harmony | NFT CULTURE | NFT News | Web3 Culture
The Details Trevor Jones is hosting his 2nd Annual Bitcoin Angel Party in France from September 3 to 5th, 2023 In memory of the late OG Crypto artist, Alotta Money, Trevor is collaborating with MakersPlace for a charity exhibition and auction. Proceeds will be donated to Maggie’s, a non-profit organization providing families with cancer support 30 curated artists involved include Pak, Jose Delbo, Bryan Brinkman, Hackatao, and PR1MAL CYPHER Auctions Start September 2 and End September 8 (Fiat and Crypto accepted) Castle Party, France 2023 – The art world is about to experience an extraordinary moment in history as…