Mysten Labs Partners with Multiple Gaming Ecosystems to Launch Games on Sui from May 15th

Web3 facilitator Mysten Labs will roll out immersive games on its Sui protocol next week in collaboration with select partners. Mysten Labs has revealed 11 gaming partners for its Sui blockchain network, which goes live a week from now on May 15th. In addition to generating $300 million for the Sui Mainnet launched last week, Mysten Labs plans to launch high-end games on its Sui protocol. In an interview with GamesBeat, CEO Evan Cheng provided insight into the workings of its decentralized gaming agenda. Cheng explained that players could gain instant access to Mysten’s…

Stripe tackles ‘cold start problem’ with the launch of fiat-to-crypto onramp

Internet payment processor Stripe has introduced a fiat-to-crypto onramp to address the “cold start problem” faced by Web3 companies as a result of customers not having “crypto in their wallets to carry out transactions.” According to a May 4 statement, Stripe’s newly launched fiat-to-crypto onramp – which will be hosted by Stripe itself – will enable Web3 companies to provide US-based customers with the ability to purchase crypto “at the precise moment they need it,” without the need to embed any code into a website or app. Guillaume Poncin, head…

Binance, Crypto.com launch PEPE perpetual futures

Binance, the world’s leading cryptocurrency exchange by trading volumes, and Crypto.com has launched pepecoin (PEPE) perpetual contracts. At the same time, Binance added PEPE and Floki Inu (FLOKI) to its Innovation Zone.  Binance adds FLOKI, PEPE to Innovation Zone, lists perpetual futures Traders on Binance can now deposit FLOKI and PEPE tokens in preparation for trading. Withdrawals for these tokens will open on May 6, 2023.  Notably, Binance has waived the listing fee for FLOKI and PEPE, demonstrating its commitment to supporting the growth of these meme coins. PEPE is…

Play-to-Earn Is Dead, But ScapesMania’s Launch Brings a Vital Alternative In Light of the P2E Apocalypse – Press release Bitcoin News

press release PRESS RELEASE. P2E projects have reached a dead-end due to the inherent issues of the model. Token Prices and user bases are plummeting and revenue streams of such projects are no longer functioning. So, is this it for the P2E, and is there a way out? May 4, 2023, MAHÉ, SEYCHELLES – After a tumultuous two years, the market cap for GameFi tokens stood at a staggering $27 Billion USD at the start of 2022. Fast forward to 2023, and that amount stands at a much cooler figure…

$22M of Curve Finance algo stablecoin minted since mainnet launch

Decentralized finance (DeFi) protocol Curve Finance has launched its native algorithmic U.S. dollar-pegged stablecoin, dubbed “crvUSD” on the Ethereum mainnet — minting more than $22 million worth of the crvUSD so far. According to data from blockchain explorer Etherscan, the contract has minted more than $22 million worth of crvUSD in the past 8 hours, with $20 million of that amount minted within the first 5 minutes. Screenshot of crvUSD transaction data. Source: Etherscan The deployment of crvUSD on the Ethereum network is a significant step towards the public release…

CoinMarketCap to Launch ‘Killer Whale’ Competition Show

Beginning on May 2, interested parties can submit their applications to Hello.one and CoinMarketCap, and those chosen will go through several rounds of interviews in Hollywood, California. Filming for the show begins in June, and the show is slated for release across major streaming services and Hello Labs’ on-demand Hello TV service. Source

Michelin to launch Michelin 3xplorer Club NFT series on Ethereum

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Global tire manufacturer, Michelin, has announced the launch of the non-fungible token (NFT) series “Michelin 3xplorer Club”. It is set of 5,000 NFTs that will go on sale and be minted on Ethereum on June 15. The renowned Michelin food guide may be connected to the NFT collection. Michelin’s NFT Membership Cards to offer exclusive benefits According to Wu Blockchain, Michelin will release 5,000 NFT series dubbed “Michelin 3xplorer Club” n Ethereum on June 15. It…

Mauritius planning to launch pilot project for retail digital rupee late this year

Mauritius plans to launch the pilot phase of a digital rupee in November, Bank of Mauritius governor Harvesh Kumar Seegolam announced. Many of the parameters of the perspective central bank digital currency (CBDC) are already in place. Speaking at the International Monetary Fund/World Bank Community of Central Bank Technologists meeting held on the main island, Seegolam said he prioritized CBDC development when he took office in 2020: “As a central banker, I need not stress upon the determining role that CBDCs can play, not only in protecting monetary sovereignty but also…

CoinList Set to List SUI as Mainnet Launch Date Approaches

The Sui Network is adjudged to be a protocol that makes digital asset ownership fast, private, secure, and accessible to everyone. American token launchpad and trading platform CoinList is set to list SUI, the native token of the much anticipated Sui Blockchain network. As announced by the trading platform, the listing will take place on May 3 which will coincide with the scheduled date that the Sui network will be launching its mainnet. “Our mission at CoinList is to empower builders at any stage in their journey, and connect them…