Day: April 22, 2022

MetaRace Horse Racing, the First “Play to Earn” DApp on the Caduceus Blockchain – Press release Bitcoin News

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press release PRESS RELEASE. On April 18th, MetaRace Horse Racing was officially launched on the decentralized edge rendering Metaverse protocol – Caduceus. It is the first “Play to Earn ” game launched on Caduceus, co-built by MetaverseGraph Labs. The high gas cost of Ethereum and the slow transaction speed cannot support the large-scale interactive concurrency of MetaRace. Therefore, MetaRace found a solution in Caduceus. In addition to the expansion plan, the low gas cost will also increase user participation and reduce the threshold of user participation. In MetaRace Horse Racing,…

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South African University to Issue Blockchain-Based Certificates to Graduating Students – Blockchain Bitcoin News

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A South African university has said starting this year it will issue blockchain-based certificates to students graduating from the learning institution. University administrators argued that a blockchain-based certification system will help prevent fraud and end the production of fake documents. QR Code for Each Certificate A South African learning institution, the University of Johannesburg (UJ), has said it will issue blockchain-based certificates to its graduates starting this year, a report has said. According to the report, each qualification document issued by the university will have a QR code which will…

Crypto Traders Find Ether Options Attractive as ‘Implied Volatility’ Slides

Indeed, put-call skews, which measure the cost of puts relative to calls, show puts are drawing a higher price than calls across all time frames, including the six-month expiry. Traders have been buying outs off late. “We’ve also seen large demand for low delta [lower strike] puts, particularly in ETH, across the expiries out till December with strikes as low as 1,000. This could also be a play on further delays with the ETH Merge,” Singapore-based QCP Capital said in a Telegram broadcast. Source

What Are Play-to-Earn Games? How Players Are Making A Living With NFTs

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When anonymous developer Satoshi Nakamoto launched Bitcoin in January of 2009, nobody knew how impactful cryptocurrency would become. While rumors regarding its potential floated about, cryptocurrency changing the world was just a far-off pipe dream. Today, it’s all coming true, and what started as an experimental payment system for the techiest of the techies is disrupting industries worldwide; gaming included. In hindsight, it’s no surprise that digital currency and digital worlds go together – cryptocurrency fits gaming like a glove. With the help of related blockchain technologies like NFTs, cryptocurrencies…

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Alex Saunders issues a public apology and claims to be settling crypto dealings

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Months after a storm of controversies, Nuggets News founder and crypto influencer Alex Saunders issued a public apology over last year’s controversies and the way he handled things.  Back in 2021, Saunders faced a series of allegations claiming that he had failed to pay loans and investment funds. Those who were affected claimed that Saunders owed them Bitcoin (BTC). This compelled Australian media entities to conduct investigations and conclude that the influencer owes as much as $7 million. The Nuggets News CEO faced a $350,000 lawsuit filed by Ziv Himmelfarb,…

OpenSea Suspends Trading of Sands Vegas Casino Club NFTs

Cyprus-based Sand Vegas Casino Club said that holders of the Gambling Apes NFTs can participate in profit-sharing from the proceeds of the casinos. In an update on its discord, BlackyJefferson21, a community lead for the project, said that the team is working with lawyers and has reached out to Texas and Alabama in “good faith” to discuss the next steps. Another admin said that the team intends to comply with all laws and regulations but “was previously not subject to any registration requirements, and had not been contacted by any…

Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust

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Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls’ latest advance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sheds $3,000 on U.S. stocks plunge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept firmly under $41,000 Friday after volatility during the latest Wall Street trading session. Thursday had seen United States markets react sharply to “surging” Treasury yields, the Nasdaq 100 dropping 2% and taking highly-correlated crypto down with it. US stocks fall in a dramatic reversal as yields surge. Nasdaq…

Ukraine bans Bitcoin purchases with local currency amid martial law

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The National Bank of Ukraine (NBU) continues taking measures to prevent capital outflows amid martial law by enforcing major restrictions on cryptocurrency purchases. The Ukrainian central bank officially announced Thursday a set of restrictions on cross-border operations, prohibiting individuals from buying cryptocurrencies like Bitcoin (BTC) with the national fiat currency, the hryvnia (UAH). Ukrainians are now allowed to buy Bitcoin and other cryptocurrencies only with foreign currency, with total monthly purchases limited to 100,000 UAH ($3,300). The relevant limit also applies to international peer-to-peer transactions. According to the announcement, the…