Day: November 1, 2023

Worldcoin claims 4 million app downloads and 1 million active users

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Iris-scanning project Worldcoin has reached a new milestone, as its mobile World App has now been downloaded over 4 million times, according to a November 1 blog post from the project’s team. If this number is eventually confirmed by Coingecko, it could place World App in sixth place in Coingecko’s list of most downloaded software wallets. The Worldcoin development team, called “Tools for Humanity,” also claimed that it now has over 1 million monthly users, double the number it had six months ago. World App now has more than 1…

Goodbye ‘Play-to-Earn’, Hello Play AND Earn

As a first step to getting traditional gamers interested in exploring Web3, games need to move away from the play-to-earn model to a vision that more fully embraces the original gaming ethos: fun! This means that before Web3 games can offer players ownership of in-game assets, game developers need to focus on the elements that draw players to games in the first place: evocative worlds, great storytelling, frictionless game-play experience, a sense of community and the ability to hone in-game skills. Source

100%+ BTC price gains? Bitcoin faces ‘massively overvalued’ stocks

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Bitcoin (BTC) will “reassert” itself to deliver over 100% annual BTC price gains, says one of the crypto industry’s major proponents. In an interview with CNBC airing Oct. 5 and published Oct. 31, Dan Morehead, CEO of hedge fund Pantera Capital, predicted continued crypto expansion. Morehead: “We could easily see” 40% stocks meltdown Bitcoin closed October up 29%, seeing its second-best month of 2023 and returning to 18-month highs in the process. Eyeing macroeconomic conditions, however, Pantera’s Morehead and others are concerned about another risk asset class — what he…

100%+ BTC price gains? Bitcoin faces ‘massively overvalued’ stocks

Bitcoin (BTC) will “reassert” itself to deliver over 100% annual BTC price gains, says one of the crypto industry’s major proponents. In an interview with CNBC airing Oct. 5 and published Oct. 31, Dan Morehead, CEO of hedge fund Pantera Capital, predicted continued crypto expansion. Morehead: “We could easily see” 40% stocks meltdown Bitcoin closed October up 29%, seeing its second best month of 2023 and returning to 18-month highs in the process. Eyeing macroeconomic conditions, however, Pantera’s Morehead and others are concerned about another risk asset class — what…

Dogecoin Poised For Pullback After Failing To Hold Key Resistance

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Following a futile fight to break the $0.07 resistance, Dogecoin (DOGE) appears poised for a big drop. This was a warning in an October 31 X post by prominent crypto analyst Rekt Capital to his nearly 400,000 followers. According to the analyst, despite its notable rally last week, DOGE failed to break its diagonal resistance, which resisted its ascent for several months. As a result of this failure, DogeCoin’s price might decline significantly soon. Rekt Capital Analysis: DogeCoin’s Complex Weekly Close Below Resistance From Rekt Capital’s analytic chart, Dogecoin (DOGE)…

Exploring the integration of NFTs and physical assets

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NFTs have changed our understanding of digital assets since gaining more mainstream attention in recent years. With this, the relationship between NFTs and physical assets has also emerged as an intriguing and innovative use-case for this technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are unique digital tokens that represent one-of-a-kind items or assets. While NFTs are predominantly associated with the digital space, they can also be linked to physical assets through tokenization, thus bridging the gap between…

Floki Inu in $10M TokenFi (TOKEN) Dispute With Bitget

Floki responded with a post on X, formerly Twitter, in which it says Bitget listed the token without permission and ultimately listed a fake version of TOKEN twelve minutes before it had been issued. Floki also said that Bitget facilitated tens of millions of dollars of trading volume without having a single token in their wallet. As the value of TOKEN went up, Floki claimed, Bitget created a $10 million hole as it didn’t hold the underlying asset. Source

AI, Zero-knowledge Proofs, and Bitcoin Ordinals

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We believe zero-knowledge proofs (ZKPs) will continue to mature, both with new theoretical advancements in recursive proving and the gradual specialization of companies within the vertical to specific roles, such as co-processing, prove executions, zkDevOps, privacy layers, and so on. With this we are beginning to use ZKPs as a way of establishing a common interface between different layers of a modular tech stack. Original