Despite Minecraft creator Mojang Studios being against the integration of nonfungible tokens (NFT), a Metaverse-focused firm managed to introduce NFTs into several games including its own Minecraft server. In an interview with Cointelegraph, Oscar Franklin Tan, the Chief Financial Officer of blockchain gaming firm Enjin, and MyMetaverse CEO Simon Kertonegoro shared how they were able to connect the dots and implement NFTs into Minecraft without violating its terms and conditions. According to Kertonegoro, Minecraftโs rules on NFTs have been about protecting players from negative experiences, and many servers have violated…
Day: September 19, 2022
Cosmos ATOM Holds Gains As Market Fluctuates Heavily
ATOM remained an exception to the general downtrend of the crypto market for a couple of days as it continued to gain despite heavy price fluctuations of other tokens. The Ethereum Merge took place successfully on September 15th, marking a historic moment in the history of crypto. However, just as some analysts predicted, it did not result in a spike as optimists have forecasted. In fact, most cryptos, including ETH, and BTC, experienced a downturn at the same time. This confirmed the โBuy the rumor, sell the newsโ tag; crypto…
Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows โ Economics Bitcoin News
Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in terms of high inflation, with prices rising almost 8% during August, hitting the pockets of Argentines. According to a survey by Bitso, this has caused Argentines to explore cryptocurrencies as a way of keeping their purchasing power via stablecoins. Argentine Inflation Keeps Growing, Expected to Reach 100% This Year Inflation is becoming a big problem for some countries…
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Chiliz Bulls Test $0.2505 Resistance
Increasing volume in Chiliz intraday trades pointed to a likely bullish comeback in the coinโs price. Since the start of trading today, the volume of Chiliz has increased from $395,564,490 to $694,854,345. Market capitalization rose from $1,203,242,510 to $1,222,317,487 as trading volume rose. Increases in both trading activity and market capitalization of this magnitude suggest that a turnaround may be in the works. This could be the case if we believe real-time data. A cup-and-handle pattern appears on the chart, suggesting a possible or current upswing. As a whole, the…
Crypto Miner Bitdeer Bought Physical Safety Vault Le Freeport For Over $28M: Report
Bitdeer, which is backed by crypto billionaire Jihan Wu, bought the Singapore-based vault in July, the report said. Le Freeport is a repository for fine art, precious gems, and gold and silver bars, from shareholders led by Swiss art dealer and founder Yves Bouvier, according to the report. Source
Crypto Exchange FTX Not Authorized in UK, Financial Watchdog Warns
Companies and individuals “offering, promoting or selling financial services or products” in the U.K. have to be authorized by and registered with the FCA, the notice said, adding that FTX was targeting U.K. customers without the required authorization. Source
Do Online Crypto Casinos Have What It Takes To Last Long?
Online crypto casinos are beginning to gain ground in the gambling industry. Just as crypto has been able to penetrate other sectors, it has wormed its way into the heart of the online gambling industry, where players are looking towards crypto betting due to its unique advantages. Despite the growing popularity of online crypto casinos, there is still the question of whether these platforms will be able to stand the test of time. Since they are directly tied to the crypto marketโs performance, their longevity can be determined by taking…
Ethereum mining rig in Pakistan | 13 Lakh kee mining rig | How to mine etherium | Rja 500
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Origin of Species Will Change Your Mind About NFT Gaming
NFT gaming, while probably a novelty aspect in blockchain gaming, can no longer be considered a niche but an established part of games built on blockchain. With the ability to earn being a major pull for gamers, NFT gaming has attracted a large number of new players. At some point in 2021, there were game streamers who were posting earnings in the thousands of dollars every week due to their participation in these NFT games. Naturally, given that most of these games had been launched during the bull market, their…