Day: August 29, 2022

The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week – Privacy Bitcoin News

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The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%. Privacy Coins Manage to Stave off Some of This Week’s Market Carnage, but Are Still Down 62% Lower Than 9 Months Ago At the time of writing, the entire market capitalization of all the privacy coins in existence is roughly $5.55 billion. Monero (XMR) leads the pack…

new multi-chain launchpad features with broker support

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Multi-chain launchpads are gaining more and more popularity among crypto entrepreneurs and investors, and all because they open up the possibility of conducting simultaneous token sales for coins created in different networks. While Ethereum and BSC remain the most popular networks, SeedLaunch, the new multi-chain launchpad created by Binance Hackathon winners, has decided to add the TON network as well. This decision was supported not only by the partners, but also by the project investors. How the fundraising platform will work and what unique features it will provide to its…

The Metaverse Casino That Wasn’t

Hodder explains that because ICE Poker is a peer-to-peer game, where there is no “house” that always wins, “the decentralized nature moves the legal issues away from the appearance of gambling.” And the focus on skill matters. “If the ability to win depends on chance or luck, it’s more likely to be considered gambling,” says Hodder, “whereas if the outcome depends entirely on the user’s skill and abilities as a player, it’s less likely to be considered as gambling.” (The counter-argument, I imagine, is that buying the wearable itself counts…

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Polkadot Parachain Moonbeam Integrates Cross-Chain Messaging Protocol LayerZero

Moonbeam, a layer 1 protocol with 9.6 million lifetime transactions according to Etherscan, already uses the Polkadot ecosystem’s internal messaging service, XCM. Derek Yoo, CEO of Moonbeam parent company Purestake, told CoinDesk that its integration of LayerZero, which raised $6 million in a Series A round in September, will offer a broader messaging service across various chains such as Ethereum, BNB Chain, Polygon and others. Yoo said this will encourage builders to deploy their applications on Moonbeam. Source

South African rugby icon Siya Kolisi headlines new crypto advertising campaign

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National rugby captain Siya Kolisi will spearhead a two-year educational cryptocurrency advertising campaign in South Africa. The Springbok skipper has partnered with global cryptocurrency exchange Luno in the campaign’s rollout, which will feature a series of television adverts promoting a long-term investment attitude towards cryptocurrencies. Kolisi was front and center of the first advert of the new campaign, which was aired during the Springboks’ third match of the Rugby Championship against Australia on Aug. 27. The light-hearted commercial features the brawny flank being put through his paces by a personal…

Why It Can Feel Good to Be Bad in the Metaverse

It’s worth remembering that not all online environments operate under the same moral framework, and the terms “good” and “bad” are highly contextual. As the concept of “the metaverse” continues to evolve beyond virtual reality gaming, and as digital communities begin to form, we need to be mindful of the difference between actual Web3 games versus “gamified” social forums, and agree on what types of behavior each should allow. Original Source BadFeelGoodMetaverse CryptoX Portal

What the Taliban crackdown means for crypto’s future in Afghanistan

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With the rise of the Taliban last year in August, Afghanistan faced global sanctions that led to many international organizations and money transaction services halting operations in the country. This made room for digital currencies and stablecoins to be widely used, at least to send or receive remittances. However, the Taliban government has recently banned cryptocurrencies and arrested 16 local exchangers in the Northwestern city of Herat in the past week, according to the provincial news website ATN-News. According to the report, the exchanges were initially given a grace period…

Diving Deep into DeFi to Navigate the New Wave of Finance

Exchanges is the largest industry group under DeFi, with 33 assets and $12.1 billion in market capitalization. Within Exchanges, UNI, RUNE, CRV, CAKE and 1INCH are ranked in the sector top 10 by market capitalization. DAO is the second-largest industry group under DeFi with 16 assets and with $3.3 billion in market capitalization. Three out of the sector’s top 10 assets belong to the DAO industry group, with MKR as the largest followed by CRV and LDO. Credit Platform has 17 assets totaling $3.2 billion in market capitalization, with AAVE…