Month: March 2022

Dogecoin community donates $53K to Ukraine as country hints at upcoming airdrop

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With the price of the meme-based token Dogecoin (DOGE) higher than that of the Russian ruble, Ukraine opened to DOGE donations for the first time.  Ukraine’s Minister of Digital Transformation Mikhail Fedorov announced on Wednesday that the token had “exceeded Russian ruble in value” — though the ruble has dropped significantly against the U.S. dollar in the wake of U.S. and EU sanctions, its price has been lower than DOGE’s since January 2021. According to data from Cointelegraph Markets Pro, the price of Dogecoin is roughly $0.13 at the time of…

A Wonder Entry, Gal Gadot Invests On This Cardano Protocol

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Ecosystem builder running on Cardano, AdaSwap, recently announced the successful completion of a $2.5 million funding round. Launched with the objective of “establishing” the first DeFi protocols operational on this blockchain, AdaSwap saw a lot of interest from noticeable investors. Related Reading | Here’s What Cardano Founder Charles Hoskinson Wants For Christmas According to an official post, the funding round was led by iAngels, with participation from Shima Capital, Pluto Digital, GBV, Stardust, Efficient Frontier, Finova, Banter Capital, and COTI. Other investors from outside the crypto space also took a…

Web3 gaming in the third world: Axie facilitating billions

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The research department of blockchain analytics platform Nansen have published a comprehensive guide to popular play-to-earn game Axie Infinity, calculating quantitative insights such as that 2.8 million unique addresses are currently holding 11.1 million Axies, alongside that 97% of those users hold a minimum of three Axie nonfungible tokens, or NFT’s. Axie Infinity is a play-to-earn game constructed around the collection of, and interaction with, digital pet avatars called Axies. Built by Vietnamese gaming studio Sky Mavis in March 2018, the game rose to cultural prominence during 2019 following the…

Web3 gaming in the third world; Axie facilitating billions

The research department of blockchain analytics platform Nansen have published a comprehensive guide to popular play-to-earn game Axie Infinity, calculating quantitative insights such as that 2.8 million unique addresses are currently holding 11.1 million Axies, alongside that 97% of those users hold a minimum of three Axie nonfungible tokens, or NFT’s. Axie Infinity is a play-to-earn game constructed around the collection of, and interaction with, digital pet avatars called Axies. Built by Vietnamese gaming studio Sky Mavis in March 2018, the game rose to cultural prominence during 2019 following the…

True Tickets powers blockchain-based Broadway tickets sales

True Tickets, the blockchain-based digital ticketing platform, made its Broadway debut last Fall in collaboration with the Roundabout Theatre Company in New York City. After a “successful” run thus far delivering digital tickets to the Trouble in Mind play and Caroline, or Change musical, Matthew Zarracina, Co-founder and CEO of True Tickets, talks blockchain and ticketing with Cointelegraph. When a prospective theatre-goer completes a ticket purchase on the Roundabout website and chooses a digital delivery, as opposed to picking up a ticket at will call or printing it at home, that’s True…

Analysts say bulls will aim for $48K now that Bitcoin’s ‘accumulation phase’ has begun

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Investor sentiment across the cryptocurrency ecosystem has seen a significant shift in the positive direction over the past week, despite events in the wider world. Currently, Bitcoin (BTC) is back above $43,500 and many altcoins are also witnessing double-digit gains. Crypto Fear & Greed index. Source: Alternative The ongoing conflict in Ukraine and recent actions taken by governments to limit access to banking services may have helped to shine a light on the value of holding cryptocurrencies, which offers some protection against uncontrollable events and what some might perceive as…

‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals – Bitcoin News

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Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring donors to “help Ukraine” with cryptocurrency are on the rise. Crypto Scams Entice Prospective Donors to Support Invaded Nation People who wish to send cryptocurrency to the Ukrainians defending their country against a military operation launched by Russia, may fall into a trap set by phishing…

AMC Entertainment CEO briefs community on crypto, NFT project updates in latest earnings call

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During its Q4 2021 earnings call late Tuesday, Adam Aron, CEO of iconic theatre-chain AMC Entertainment, briefed the community on the company’s latest crypto adoption efforts. As told by Aron, AMC will start accepting Dogecoin (DOGE) and Shiba Inu (SHIB) “in a couple of weeks.” AMC began accepting online payments for movie tickets via major cryptocurrencies last year. The company said it is also still exploring options to issue its own coin, an idea that has been in the making for quite some time as it monitors the current cryptocurrency…