Blockchain has revolutionized many aspects of the gaming industry. Fundraising is no exception: The popularisation of fundraising via NFTs and Tokens has given creators the ability to amass funding and feedback from the community at the early stages of the development process. This new crowdfunding model is exceptionally suited for making epic franchises, placing blockchain at the frontier of large-scale games. In the traditional fundraising model, decisions are based on the publisher’s opinion on what is commercially profitable. This approach stifles creativity and leads to the multitude of safe, boring,…
Day: March 3, 2022
Bitcoin Retraces To $43K, Why The Next Few Months Could Be Bullish
Bitcoin found short-term support near $43,000 as it retraces some of its gains from the current week. The first crypto by market cap is displaying more strength and managed to close February’s monthly candle in the green, something that last happened back in Q4, 2021. Related Reading | Bitcoin Breaks Above 50-Day SMA, Will BTC Ride It Out To $50,000? At the time of writing, Bitcoin trades at $43,985 with a 16.9% profit over the past week. BTC trends to the upside on the 4-hour chart. Source: BTCUSD Tradingview In…
OpenSea Bars Iranian Users as US Sanctions Talk Ramps Up
The restrictions are likely a result of U.S. sanctions against the Iranian government, which prevent U.S. companies from providing goods or services to any user based in Iran. OpenSea is a U.S. company headquartered in New York and incorporated in Delaware. Source
Hillary Clinton Urges Regulation of Crypto Exchanges for National Security Purposes in Wake of Russian Sanctions
Former Secretary of State Hillary Clinton is imploring cryptocurrency exchanges to deny access to Russian users as part of the United States’ broader effort to apply economic pressure after Vladimir Putin’s invasion of Ukraine. In an interview with MSNBC’s Rachel Maddow, Clinton says she disagrees with the crypto exchanges which have not gone along with the US’s recently imposed sanctions against Russia. “I was disappointed to see that some of the so-called crypto exchanges, not all of them, but some of them, are refusing to end transactions with Russia from…
How Blockchain is Transforming Data Control
Considering that data is the gas in the tank of the Web2 business model, Web2 has proven to be woefully poor at controlling and protecting the very fuel on which it depends. Over recent years, leaks and hacks on centralized servers have become almost an everyday occurrence – and it’s getting worse. Once the pandemic hit, the sudden shift to working from home created multiple new attack vectors. The pressure on hospitals and healthcare systems made them particularly vulnerable, with cybersecurity breaches up by ten percent in 2021. Then there’s…
Zignaly Secures $50M to Accelerate Global Adoption of Its Social Crypto Investment Ecosystem
Zignaly, a social crypto investment platform, announced on February 22 that it had secured $50 million from GEM Global Yield LLC SCS (GGY), a Luxembourg-based alternative investment group focused on emerging markets worldwide. Zignaly will use the capital to accelerate its global expansion. The crypto investment platform offers a variety of products and services that aim to make crypto investment accessible to retail investors. Its flagship product is Profit Sharing, which lets users choose from experienced traders and start trading on autopilot by copying their strategies. The concept shares similarities…
Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender
The announcement was made this afternoon at Lugano’s Plan B event. Original
Swiss City of Lugano to Make Bitcoin and Tether ‘De Facto’ Legal Tender
CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal
MetaMask, Infura Block ‘Certain Areas’ Amid Crypto Sanctions Fury
“MetaMask and Infura are unavailable in certain jurisdictions due to legal compliance,” the ConsenSys-controlled crypto wallet and infrastructure provider said in a joint blog post time-stamped around 11:00 a.m. EST Thursday. Users from those areas would get an error message, the blog post said. Source
Auditchain Announces Mainnet Deployment of its Staking Contracts for its Pacioli Validating Nodes – Press release Bitcoin News
press release PRESS RELEASE. Auditchain will deploy its Pacioli validating node staking contracts to Polygon Mainnet on 7 March, 2022 as it prepares to decentralize the $600 Billion global accounting, assurance and reporting services industry. Auditchain Labs AG, (https://auditchain.finance) the developer of the world’s first decentralized accounting, financial reporting, audit, and analysis virtual machine for assurance and disclosure, today announced that it will deploy the Pacioli validating node staking contracts on 7 March, 2022 at 16:00 UTC. The staking contracts are designed to fulfill the staking requirements for Pacioli validating…