While crypto policy is unlikely to sway the outcome of Tuesday’s primary, its mindshare among the candidates augurs well for the industry’s clout in the nation’s capital. Source
Ohio's Senate Candidates Stake Out Crypto Positions
Day: May 2, 2022
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GameFi is showing signs of a mature landscape: Report
Blockchain games are set to overtake decentralized finance (DeFi) as the number one contributor to decentralized application (DApp) activity in terms of uniquely active wallets. A new 18-page report by DappRadar surveys the nascent ecosystem behind this rise. Although still dwarfed by the traditional gaming industry, blockchain games, sometimes dubbed GameFi, have seen an early spurt of exponential growth, according to the report’s data. “The evolution of blockchain games” report, which discusses play-to-earn (P2E) as a new paradigm for gaming, is available on the Cointelegraph Report Terminal to purchase. It…
Gaming Companies Can’t Afford to Avoid Web 3
Now based in the Bahamas at the company’s headquarters, Wu leads FTX’s $2 billion venture capital fund, FTX Ventures, as well as initiatives for the company in gaming, the commercial space, and mergers and acquisitions. When CoinDesk caught up with her, she was preparing for Crypto Bahamas, a roughly 1,800-person conference put on by FTX and Salt Lending, a crypto lending platform, with the goal of bringing together crypto industry natives and key players in traditional finance and entertainment to foster “interdisciplinary conversation,” she said. Original Source AffordAvoidcompaniesGamingWeb CryptoX Portal
NYDIG’s $59K Bitcoin Bounties Program Begins Paying Developers Who Improve the Network
NYDIG’s two-week old Bitcoin Task Bounties program to pay developers to improve the Bitcoin network has paid out $1,800 for two tasks that have been completed so far, according to sources familiar with the matter. Original
Analysts Predict ApeCoin To Hit $50 By End Of 2025
As Bitcoin and Ethereum price remain bearish for the longest time now; barely hitting above $40,000 for BTC and not going over $3,000 for ETH, ApeCoin, on the other hand, is on fever-pitch with price prediction of up to $100 by 2030. And to think, the coin is just warming up. Both Bitcoin and Ethreum have been struggling and are down by 20% since April. Meanwhile, it’s all rainbows and sunshine recently for ApeCoin, a coin connected to the Bored Ape Yacht Club NFT collection that is now dubbed as…
Has New York State gone astray in its pursuit of crypto fraud?
The Empire State made two appearances on the regulatory stage last week, and neither was entirely reassuring. On April 25, bill S8839 was proposed in the New York State (NYS) Senate that would criminalize “rug pulls” and other crypto frauds, while two days later, the state’s Assembly passed a ban on non-green Bitcoin (BTC) mining. The first event was met with some ire from industry representatives, while the second drew negative reviews, too. However, this may have been more of a reflex response given that the “ban” was temporary and…
Mark Cuban proposes using Dogecoin to solve Twitter’s crypto ad problem
On Sunday, American entrepreneur Marc Andreessen posted a screenshot of what appears to be a Twitter user impersonating his name to promote a “free crypto” giveaway. “What algorithm could possibly catch this type of content?” asked Andreessen. To which Tesla’s CEO Elon Musk replied, “humans,” sparking a discussion on how to best curate the high number of cryptocurrency scams and spam ads on the platform. But, it was billionaire investor Mark Cuban who then suggested a rather unconventional solution. As told by Cuban, the problem can be solved by first…
Bitcoin ‘bear market’ may take BTC price to $25K, says trader with stocks due capitulation
Bitcoin (BTC) may continue its “bear market,” one trader says amid hope that a U.S. dollar reversal could soon improve BTC price action. In his latest YouTube update on May 2, Cointelegraph contributor Michaël van de Poppe argued that USD’s current surge would not last long. Dollar strength reversal “close” Bitcoin is still under pressure as stocks and crypto alike face the reality of a major policy flip from the U.S. Federal Reserve. Due to be announced this week, the Fed is tipped to end the “free money” era since…
What Mining Moratorium Could Really Mean for New York’s Crypto Industry
“It’s troubling to me that a bill like this is directly targeting one specific industry. New York itself could use all the help it can get in generating jobs and keeping people here in the state, but also in developing new technologies and bringing the state forward,” Olsen said. “We’ve seen a lot of anti-tech rhetoric and legislation in previous years …[crypto] companies are just going to think ‘You know, it’s not worth it here in New York,’” he said. Source