Day: December 15, 2022

NFTs and Soulbound tokens define Web3 filmmaking, says director

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Web3 tools and innovations are making their way into various mainstream industries across the world. Some such as the sports and music industries have made a big leap into adoption. However the world of cinema has not been as vocal on its adoption. Some filmmakers in the past have touched on DAOs as a tool to boost community engagement around cinematic projects. Recently, big names in cinematic entertainment like Disney have made more swift moves into the space by hiring Web3-related lawyers and bringing the Polygon blockchain network into its…

BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision – Market Updates Bitcoin News

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Bitcoin fell from a five-week high on Thursday, as markets continued to react to the latest Federal Reserve interest rate decision. The U.S. Fed moved to increase interest rates by 50 basis points as expected, whilst also laying the ground for a slower pace of hikes in coming months. Ethereum also retreated from recent highs, falling below $1,300 earlier today. Bitcoin Bitcoin (BTC) was once again trading below $18,000, as bears reentered the market following the latest Fed meeting. Following a move to a five-week high of $18,318.53 on Wednesday,…

BTC price levels to watch as Bitcoin dives below $17.5K post-FOMC

Bitcoin (BTC) is trending down after hitting one-month highs around the latest macroeconomic data and policy update from the United States. Having topped out at around $18,370 on Bitstamp on Dec. 14, BTC/USD is now giving back its gains, leading traders to eye where the next reversal may occur. Opinions differ — some warn that support levels for bulls to hold are already tumbling, while others believe that recent events are just another dot on the path to much lower levels. Cointelegraph takes a look at what some popular commentators…

Blockchain indexer The Graph says adoption is still strong two years after mainnet launch

According to data provided to Cointelegraph on Dec. 15, network growth still appears to be strong for blockchain indexer The Graph (GRT). Launched two years ago, The Graph Network allows developers to easily search, index, use and publish data from public blockchains.  From Nov. 2021 to Nov. 2022, the total number of developers on The Graph (both active and inactive) increased by 145% to 38,000. During the same period, average GRT query fees per month increased by 1,191% to 354,000, while total lifetime GRT queries on the decentralized network increased…

New Opportunity to Earn Passive Income Through Crypto – Press release Bitcoin News

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press release PRESS RELEASE. Crypto enthusiasts are constantly looking for new options to get passive income with crypto, but this task has become quite challenging recently. Making money on the coins’ growth is not easy when the market is down, while to manage assets by yourself, you need to have in-depth knowledge of investment strategies and a huge amount of time. With all the geopolitical developments and the prolonged bear market, one might wonder: what is the best way to accumulate more crypto, store it safely and get the highest…

The FTX Meltdown Calls for Higher Standards in Crypto Journalism

Crypto journalists have already had to contend with the most aggressive financial marketing blitz of the last 20 years as startups and incumbents alike tried to capture some of the benefits of the crypto gold rush. So while many of us searched in earnest for good sources to share information on a very new and sometimes arcane phenomenon, we have had to sort through the people talking about their own book and looking for free advertising space to pitch their product. Source

QuickSwap and Versa Games Launch Gaming Hub on Polygon

While its model involves incentivizing players and users of the Gaming Hub, the platform places a unique premium on balancing the fun all its stakeholders will gain while interacting with the Hub. Decentralized layer-2 digital trading platform and automated market maker, QuickSwap has launched The Gaming Hub, the largest Web3.0 gaming destination on the Polygon Network. The establishment of the Gaming Hub is in conjunction with Versa Games, a Web3 gaming platform that enables game discovery and supports the financing and growth of Non-Fungible Token (NFT) assets for its users.…