Author: CryptoHoppers

The multichain protocol has been compelled to block all cross-chain services for the sake of safeguarding the interests of connected users. At the present moment in time, the protocol is going through a rough patch of functional interruptions because of factors they were completely unaware of. This important bit of information was received through a formal statement made by MultichainOrg. All of this means that it will not be possible to make calls to the chains that have been impacted. Incidentally, the Multichain protocol was previously known by the name, Anyswap.  The primary issue that the company seems to be…

I. Introduction Welcome to the comprehensive guide on the challenges of Web3 gaming and Non-Fungible Tokens (NFTs). As the gaming industry evolves and embraces blockchain technology, Web3 gaming and NFTs have emerged as exciting innovations that offer unique opportunities and experiences. However, along with their potential, these advancements also bring several challenges that need to be addressed for widespread adoption and success. In this guide, we will explore the various issues surrounding accessibility, knowledge gaps, fear, uncertainty, and doubt (FUD), as well as game feel and feedback loops in the context of Web3 gaming and NFTs. By understanding these challenges,…

Payrolls rose 339,000 in May, exceeding expectations and indicating a resilient labor market. The US economy continued to generate employment in May, despite macroeconomic challenges. Nonfarm payrolls increased to 339,000, significantly surpassing Dow Jones’ expectations of 190,000, as a result, May marked the twenty-ninth consecutive month of positive job growth in the country. According to the US Bureau of Labor Statistics, although the unemployment rate rose to 3.7% compared to the estimated 3.5%, the labor market remained strong. Similarly, average hourly earnings increased by 0.3%, as expected, while annual wages rose by 4.3%, slightly below the estimate. The term “payrolls”…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied AngelBlock, a web3 fundraising platform for cryptocurrency, has announced SOLA-X as its inaugural fundraising project. Qualified investors may participate in the token sale, which is scheduled to commence by the end of this month.  SOLA-X is building a cross-chain decentralized finance (DeFi) hub that introduces a protocol-managed liquidity and arbitrage mechanism designed to eliminate problems around high slippage for traders and impermanent loss and low APYs for liquidity providers.  The protocol is characterized by its advanced liquidity management system, wherein users can supply a single asset that…

Two stocks of certain Bitcoin mining firms are outperforming BTC. While it’s not jubilation season for miners, short-term holders remain enthusiastic about the coin price.  Bitcoin [BTC] miners might have faced a challenging period, as several factors, including regulatory crackdowns and concerns over environmental impact, have created a long season of distress for the industry.  However, there are indications that this murky period may be near its end, with some mining stocks showing signs of strength and resilience. According to IntoTheBlock, stock prices of the Mathent Patent Group and Riot Blockchain have outperformed BTC on a Year-To-Date (YTD) basis. 2023…

MakersPlace, the leading marketplace for rare and authentic digital fine art, has introduced an innovative initiative known as the Artist Launchpad Program. This program aims to empower artists by equipping them with the necessary tools and knowledge to thrive in the ever-evolving world of non-fungible tokens (NFTs). For artists looking to make their mark in the web3 digital art scene, finding the right community and understanding the best practices can be a challenge. MakersPlace recognizes this and has developed the Artist Launchpad Program to address these concerns. The program offers a range of benefits to participants, including: Community: MakersPlace has…

A large entity has struck down the price of the Ethereum (ETH)-based indexing protocol The Graph (GRT), according to crypto analytics firm Santiment. Santiment says that a whale, likely a crypto exchange, disposed of over $55 million worth of GRT, and the price has been down ever since. “The Graph has seen a mid-sized price [correction] after a multi-asset whale disposed of $55.3M worth of GRT, as picked up by [Santiment] data. Pay attention to the altcoins moving into self-custody, and avoid those showing big inflows to exchanges.” Source: Santiment/Twitter According to the firm, the whale sold off its GRT…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin [BTC], along with the rest of the crypto market, had a bright start to the week last Monday (29 May) but posted losses in the following days. Bitcoin fell by close to 6% while Dogecoin [DOGE] experienced a 4.7% drop to reach $0.0705 on Wednesday, 31 May. Thereafter, there was some demand behind the meme coin and prices rose to $0.0733. The higher timeframe trend has been bearish over the past six weeks after the rejection at $0.095.…

Episode 52 of Season 5 of The Scoop was recorded with The Block’s Frank Chaparro and Tangent Ventures Co-Founder Jason Choi. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected] Jason Choi is the co-founder of Tangent Ventures and the host of Blockcrunch podcast. In this episode, Choi shares why Hong Kong’s new Virtual Asset Service Provider (‘VASP’) licensing regime represents an “unapologetically bullish” shift in tone from regulators. Although the new laws effectively lift Hong Kong’s prior ban on retail crypto trading, Choi…

Reading price charts is challenging when you hardly have any background in Bitcoin trading. When understanding Bitcoin trading, it would be best to begin with basic knowledge. Such includes understanding what Bitcoin trading is, why you should trade Bitcoins, types of traders, and market orders in Bitcoin trading. What is Bitcoin trading? Bitcoin trading is not the same as Bitcoin investing. When people invest in Bitcoin, they are usually doing it for the long term. They assume that the price will eventually climb, despite any ups and downs along the way.  People usually invest in BTC because they believe in…