Month: January 2022

Defi Kingdoms Reaches Record Activity Levels on Top of Metaverse Push – Metaverse Bitcoin News

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Defi Kingdoms, a metaverse-based blockchain game, is experiencing a rise in activity due to the push that metaverse projects are now having in the market. According to Dappradar, the activity on the game has risen considerably. This is also accompanied by the rise in the price of its native token, JEWEL, issued on top of the Harmony blockchain, a token that reached all-time high (ATH) levels in a sideways market. Defi Kingdoms Grows Among Its Peers Defi Kingdoms, a play-to-earn (P2E) game inspired by metaverse elements that include…

Former First Lady Melania Trump congratulates Bitcoin on 13th birthday

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Shortly after launching her own nonfungible token (NFT) project last month, former First Lady of the United States Melania Trump gave a shout out to Bitcoin (BTC) on Twitter. On Monday, Mrs. Trump wished Bitcoin a happy birthday. The world’s largest cryptocurrency marked its 13th anniversary on Jan. 3. It is widely reported that Bitcoin’s market cap exceeds USD$1 Trillion.  Today marks the 13th anniversary of the Bitcoin Genesis Block.  Happy Anniversary, #SatoshiNakamoto #MelaniaNFT pic.twitter.com/aZqNJFcZmd — MELANIA TRUMP (@MELANIATRUMP) January 3, 2022 The former First Lady said, “It is widely reported that Bitcoin’s…

LOX Network: Better Wireless Device Security

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Smartphone theft is at a crisis point. Over 446,000 handheld devices are stolen every year, equating to 1,222 phones per day. Our devices are more expensive to insure than ever and the global mobile phone insurance market is expected to be worth more than $40 billion by 2025. That’s why Lox’s mission is to better control smartphone thefts by creating the world’s first decentralized security network, giving the power back to smartphone owners rather than wireless carriers or other third parties. The Challenges: Siloed Data, Proof-of-ownership, and Data-sharing Wireless device…

Decentralized Sports Betting Can Be a Lucrative Hobby

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There has been a massive wave of interest in betting globally and a rise in active members wagering on sports. Sports betting matches the casual sports fan against professional bookmakers, who do not get everything their way, unlike in genuine sports. It is, however, challenging yet exhilarating at the same time. Thanks to the introduction of online betting, it is now completely mobile. So… Is it possible to make money by betting on sports? Yes, it can be supremely lucrative. However, your earning potential is determined by your bankroll, risk…

Bitcoin exchange balances trend back to historic lows as BTC withdrawals resume in January

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Bitcoin (BTC) exchange reserves are back near record lows as 2022 sparks renewed appetite among buyers. Data from on-chain analytics firm CryptoQuant shows reserves across 21 exchanges at 2.308 million BTC as of Jan. 4. Exchanges return to overall BTC balance downtrend Late December saw a macro low of 2.303 million BTC left on exchanges’ books, CryptoQuant recorded, before a brief uptick to 2.334 million. Bitcoin exchange reserves chart. Source: CryptoQuant As institutional entities return to the market after the holiday period, however, the downtrend has resumed, this in line…

A Metaverse Network Built on aelf Blockchain

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As Facebook changed its name to META, the world has seen a spiked interest in metaverse-concept GameFi projects, such as Decentraland, Sandbox, Axie Infinity, Illuvium, and many more. The land of the concept has brought an infinitely broad market to the construction of blockchain infrastructure. At the same time, the public chain is bound to usher in huge changes in the dimensions of performance, security, privacy, and ease of use. For a long time, aelf is the best-performed and secured blockchain cloud infrastructure. In the following three aspects, aelf is…

Cosmos-Based Exchange Osmosis Crosses $1B in Locked Value

Osmosis relies on smart contracts instead of middlemen to execute trades between users. Much of its value proposition, however, arises from its future plans. The DEX aims to expand to other blockchains, such as Ethereum, as well as blockchains compliant with the Inter-Blockchain Communication (IBC) protocol. Source

3Space Art Incetivizing Artists and Collectors to Showcase their Digital Artwork Offline and Online

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The most popular trend of 2021, NFTs, took off ever since the legacy auction house Christie’s sold digital artist Beeple’s artwork for an eye-watering $69 million. Non-fungible tokens (NFTs) have changed the way we think of ownership and unlocked new financial opportunities for creators. While the hype continues to rise to new levels this year and at some point is expected to normalize, it will transform into a much bigger idea that will cover more than simply art but also intellectual property rights, ticketing, music and movies, streaming, medical, video…

Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’ – Fintech Bitcoin News

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The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot. Only One Payment Provider Participated in the Pilot The Bank of Jamaica (BOJ) recently revealed that it had successfully completed the trial of its central bank digital currency (CBDC). The claim by the BOJ follows the completion of an eight-month test run that commenced in May 2021. However, in a statement released on the…