Day: January 26, 2023

StoryCo Raises $6M to Decentralize Storytelling

StoryCo also revealed its first narrative experience, The Disco Ball, which will be released in 2023. The “immersive and collaborative storytelling experience” will be produced by the Halo television series writer Kyle Killen and artists shelby and sandy, but invites collaboration from the community to finish the main character’s journey. With a StoryPass non-fungible token (NFT), community members can access pre-release content and solve puzzles, find artifacts and collectively build out the narrative experience. Source

Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack

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According to a new post on Jan. 26, Marc Zeller, integrations lead at decentralized finance (DeFi) lending protocol Aave, stated that the firm purchased 2.7 million Curve (CRV) tokens, which would clear “excessive remaining bad debt” within the next 15 hours over a dozen transactions. The move follows the community approval of Aave Improvement Protocol (AIP) 144, which deployed a swap contract that acquires 2.7 million units of CRV, with a USD Coin (USDC) spend limit of $3,105,000 and a maximum unit value of $1.15 per CRV. The bad debt…

BitPay Partners Up With MoonPay to Increase Cryptocurrency Accessibility

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Major cryptocurrency payment services provider BitPay has recently disclosed its partnership with leading Web3 infrastructure company MoonPay — in an effort to expand ways that a BitPay user can use to buy cryptocurrency in an instant and enjoy great rates. This collaboration gives BitPay customers access to more than 60 of the most well-known cryptocurrencies in the world. Buyers can choose from a variety of rates in BitPay’s exclusive marketplace experience, ensuring they get the best deal for their cryptocurrency purchases. Timely delivery to any owned wallet address and the option…

ADA Climbs to 11-Week High, as Crypto Markets React to US GDP Data – Market Updates Bitcoin News

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Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The token rose by as much as 5% earlier in the day, climbing to its strongest point since November. Monero was also in the green, nearing a key resistance level in the process. Cardano (ADA) Cardano (ADA) rebounded on Thursday, with prices moving to an eleven-week high in the process. Following a low of $0.3537 on Wednesday, ADA/USD rose to an intraday high of $0.3866 earlier…

Litecoin Whale Transactions Set New 2023 High, Bullish?

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On-chain data shows Litecoin whale transactions have jumped to new highs for 2023 recently. Here’s how this may impact the crypto’s price. Litecoin Transactions Valued Higher Than $1 Million Have Surged According to data from the on-chain analytics firm Santiment, the last two spikes led to significant rises in the price. The relevant indicator here is the “whale transaction count,” which measures the total number of Litecoin transactions taking place on the blockchain that involve coins worth at least $1 million. When the value of this metric is high, it…

Polkadot Hints At Price Recovery

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Polkadot (DOT) is in the green (see image below) and going steady. Could this hint at price recovery? Even though Polkadot’s funding rate plunged for a while, it is showing some improvement at the time of writing. Here’s a quick look at DOT price movement:  Polkadot price is up by 14.9% in the weekly  DOT low in market cap dominance  DOT shows a spike in development activity According to Coingecko, DOT price has skyrocketed by 4% in the last 24 hours, and trading at $6.50 as of press time. Polkadot…

US Justice Department seizes website of prolific ransomware gang Hive

According to United States Federal Bureau of Investigation Director Christopher Wray on Jan. 26, international law enforcement groups have dismantled the infamous Hive cryptocurrency ransomware gang. He claimed that the operation has recovered over 1,300 decryption keys for victims since July 2022 and prevented $130 million in ransomware payments. Officials raised the example of one incident where a Hive ransomware attack on a Louisiana hospital was thwarted by law enforcement, saving the victim from a $3-million ransom payment. Ghost servers were reportedly seized Wednesday night in an international law enforcement…