Month: August 2022

Analyst says 40% of users in most Web3 games are bots โ€” Hereโ€™s how to avoid being fooled

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The decentralized application industry pushed above $40 billion in smart contract deposits in February 2021, and currently the figure stands at $59 billion. To date, โ€œreal moneyโ€ continues to flow into the sector, and on Aug. 29, gaming startup Limit Break raised $200 million. The project gained popularity after the successful launch of its DigiDaigaku free-mint NFT collection. According to a report by Dove Metrics and Messari, the crypto industry saw $30.3 billion in funds raised in H1 2022. This amount surpassed the $30.2 billion seen in 2021. Excluding the…

Bitcoin Will Continue To CRASH! But Donโ€™t Forget THIS!! (Bitcoinโ€™s Last Hoorah)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io WARNING! This Bitcoin pump is a TRAP!! Bitcoin will continue to crash soon & hasnโ€™t bottomed out!!! But there will be a final parabolic cycle which we have coined Bitcoinโ€™s last hoorah!! When will Bitcoin bottom out!? When will the last hoorah begin!? What will allow this final cycle to happen!? Find out the answers to all these questions by tuning in to this videoโ€ฆ ๐Ÿ‘ŒSubscribe to The Chico Channel– Pluto Website๐Ÿ‘‡ Pluto Social Links๐Ÿ‘‡ โฐ Time Stamps โฐ 00:00 Intro: When…

Tug Of War Between Bulls And Bears, Will Bitcoin Price Retest $19,000?

The price of Bitcoin (BTC) has continued to struggle against Tether (USDT) as bulls and bears are caught in a tug of war regarding where Bitcoin price should be headed as we approach the monthly close. Bitcoinโ€™s (BTC) price showed so much steam, but it seems like it was just a bull trap for many investors and traders. (Data from Binance) Bitcoin (BTC) Price Analysis On The Weekly Chartย  Bitcoinโ€™s (BTC) price has shown so much strength trying to hold above $19,500 in the past few days, with the price…

Bitcoin holds $20K, but analysts say BTC open interest leaves room for โ€˜more deleveragingโ€™

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Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in the short-term. Earlier in the week, independent market analyst Philip Swift tweeted that the Crypto Fear and Greed Index had dropped back to back to โ€œExtreme Fear,โ€ reflecting softening sentiment among investors.ย  The market is not enjoying $BTC hanging around $20k. Back into Extreme Fear today. Live chart: https://t.co/Jr5151zN7I pic.twitter.com/UnztrZP7FP โ€” Philip Swift (@PositiveCrypto) August 31, 2022 On Aug 29, analytics firm Delphi Digital highlighted Bitcoin open…

Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push โ€“ Blockchain Bitcoin News

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This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth started working with the Dapper Labs-managed Flow. Ticketmaster Has Minted More Than 5 Million NFTs Using Flowโ€™s Technology On August 31, 2022, a sportsbusinessjournal.com report detailed that Ticketmaster will allow event organizers to issue NFTs using the Flow blockchain. Organizers will be able to mint NFTs…

Crypto Twitter shares security concerns regarding Metaโ€™s recent NFT integration news

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On Aug 29, Facebook and Instagramโ€™s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by simply connecting their digital wallets to either site. Weโ€™re introducing the ability to post digital collectibles across @facebook and @instagram. You can now connect your digital wallet to either app to share your #NFTs on both. What NFT are you excited to share? https://t.co/wa2wkWfI7p pic.twitter.com/SlpwAuY02c โ€” Meta Newsroom (@MetaNewsroom) August 29, 2022 While Metaโ€™s announcement may have seemed to some…

Meet Blockchain Developer! Salary, Roadmap & Career!

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Ticketmaster selects Flow blockchain for minting NFT event tickets

According to Flow, a digital engagement layer-1 blockchain created by Dapper Labs, Live Nation’s subsidiary Ticketmaster has unveiled nonfungible tokens (NFTs) tickets for event organizers minted on its blockchain. The primary purpose of the NFT tickets will be for commemorative value. But aside from being used as mementos, they can also be used asย proof of attendance at notable concerts.ย  However, such virtual commemorative tickets are not valid for entry. One still needs to show a purchased ticket with a bar code from Ticketmaster or Live Nation for entry. As told…

FASB Crypto Accounting Review Wonโ€™t Include NFTs, Certain Stablecoins: Report

FASB did not name specific crypto assets that would be excluded from the rule. But it said the digital assets addressed by the rule would include those that are intangible, donโ€™t carry contractual rights to cash flows or ownership of goods and services, and those that are fungible, according to the Journal. NFTs are by their very nature non-fungible and may carry rights to underlying assets, while some stablecoins are tangible assets. Source

Brazilian Crypto Asset Manager Hashdex Authorized to List ETPs in the European Union

Hashdex is already working with European service providers โˆ’ including exchanges โˆ’ to list ETPs in different countries of the European Union, the company said in the statement. โ€œWe hope to move forward to be the main European issuer of cryptocurrency products, always promoting innovative and diversified strategies,โ€ said Bruno Sousa, the companyโ€™s head of new markets. Source